Capital One Venture Announces Highest Bonus Yet, Valued at $1,000 in Travel—Is It Worth It?
Capital One Venture Announces Highest Bonus Yet, Valued at $1,000 in Travel—Is It Worth It?
Lee Huffman Lee Huffman Credit Cards ExpertLee Huffman spent 18 years as a financial planner and corporate finance manager before quitting his corporate job to write full-time in 2018. He has been writing about early retirement, credit cards, travel, insurance and other personal finance topics since 2012. Lee enjoys showing people how to travel more, spend less and live better by taking control of their finances. When Lee is not getting his passport stamped around the world, he's researching methods to earn more miles and points toward his next vacation.
His writing can be found on many popular travel and personal finance websites such as The Points Guy, U.S. News, Forbes and NerdWallet. You can follow Lee's travels at BaldThoughts.com or listen to his weekly travel podcast at WeTravelThere.com.
Read Lee Huffman's full bio Claire Dickey Claire Dickey Senior EditorClaire is a senior editor at Newsweek focused on credit cards, loans and banking. Her top priority is providing unbiased, in-depth personal finance content to ensure readers are well-equipped with knowledge when making financial decisions.
Prior to Newsweek, Claire spent five years at Bankrate as a lead credit cards editor. You can find her jogging through Austin, TX, or playing tourist in her free time.
Read Claire Dickey's full bio Updated July 17, 2024 at 1:49 pmThe Capital One Venture Rewards Credit Card announced an enhanced welcome bonus offer of 75,000 miles earned after spending $4,000 on purchases in the first three months, plus a one-time $250 welcome credit for use through Capital One Travel.
The Capital One Venture has offered exceptional value to travelers for many years. And with its increased welcome bonus offer for a limited time, there's even more reason to add this top travel credit card to your wallet.
Learn more about the new Venture Card bonus, how the Venture stacks up to similar travel cards on the market and whether or not you should apply.
Our MethodologyUnderstanding the value of cash back is simple, but valuing airline miles or points redeemable for travel requires digging a bit deeper. At Newsweek, we've developed a common language to talk about the value of points and miles: our valuations.
Our valuations translate points into dollars and cents in a way that reflects reality. They are based on actual data across a balance of accessible redemption options, not just the aspirational first and business class redemptions that require a PhD in miles and points to book. The upshot is that our valuations help you understand the actual value you can easily get from your miles and points.
Vault's Viewpoint on the Enhanced Capital One Venture Welcome BonusEarning a welcome bonus is a quick way to gather a lot of rewards from the get-go. The Capital One Venture Card is offering a limited-time welcome bonus to new cardholders equal to $1,000 in travel, and it's split into two parts: a $250 Capital One Travel credit in your first cardholder year and 75,000 miles earned after spending $4,000 in the first three months.
Here's how it works: Upon opening your new Venture Card, you'll receive a $250 travel credit. This travel credit can be used within Capital One's travel portal when booking flights, hotels, vacation rentals or rental cars, and it's good for one year from your account opening.
In addition to the travel credit, the Capital One Venture 75K offer includes 75,000 miles earned when you spend $4,000 during the first three months. These miles are worth $750 toward travel bookings and potentially more when booked with Capital One transfer partners .
With this enhanced offer, the Capital One Venture's welcome bonus is now higher than that of its premium sister card, the Capital One Venture X Rewards Credit Card —which charges a $395 annual fee, compared to the Venture's $95 annual fee.
Capital One Venture Rewards Credit Card
Learn More On CreditCards.com's secure siteAnnual FeeRegular APR 19.99% – 29.99% variable Intro Bonus (Limited-Time Offer) $250 travel credit + 75,000 bonus milesEarn 75,000 miles once you spend $4,000 on purchases within the first 3 months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year – that's equal to $1,000 in travel.
Credit ScoreCredit ranges are derived from FICO® Score 8, which is one of many different types of credit scores. If you apply for a credit card, the lender may use a different credit score when considering your application for credit. Good – Excellent How the Enhanced Capital One Venture Stacks Up Against Other Travel CardsThe Capital One Venture sign-up bonus provides massive value for travelers, but this card isn't the best option for everyone. Before applying for the Venture, see how it compares to other travel credit cards—including the options below:
The Capital One Venture Card is an excellent option for travelers who want to earn flexible rewards without paying for a premium travel card. (In fact, it makes our lists of the best travel credit cards and the best travel credit cards for beginners .) Its new, massive welcome bonus is the icing on the cake.
If you're in the market for a flexible travel rewards card, the Capital One Venture is a solid pick. You'll earn 5X miles on hotels and car rentals booked through Capital One Travel and an otherwise flat rate of 2X miles on all other purchases that can be redeemed in a variety of ways—cash back, gift cards, travel bookings, statement credits toward past travel bookings, transfer partner travel, merchandise and more.
Frequently Asked Questions How Much Are 10,000 Capital One Miles Worth?Capital One Venture Miles are worth 1 cent each for most redemptions. You can redeem 10,000 miles for $100 in travel, cash back and more. Transferring miles to airline and hotel partners can yield even higher value when booking award travel.
Do Capital One Venture Miles Expire?Your Venture miles will never expire for as long as your account remains open and in good standing.
Is It Hard To Get the Capital One Venture Card?The Capital One Venture is recommended for those with good to excellent credit, or a FICO credit score of at least 670. When reviewing credit card applications, Capital One also considers your income, debt obligations, payment history, recently opened credit and other factors. This information is not provided by Capital One and is not an indication of approval.
Editorial Note: Opinions expressed here are author's alone, not those of any bank, credit card issuer, hotel, airline or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. We may earn a commission from partner links on Newsweek, but commissions do not affect our editors' opinions or evaluations. Lee Huffman Credit Cards ExpertLee Huffman spent 18 years as a financial planner and corporate finance manager before quitting his corporate job to write full-time in 2018. He has been writing about early retirement, credit cards, travel, insurance and other personal finance topics since 2012. Lee enjoys showing people how to travel more, spend less and live better by taking control of their finances. When Lee is not getting his passport stamped around the world, he's researching methods to earn more miles and points toward his next vacation.
His writing can be found on many popular travel and personal finance websites such as The Points Guy, U.S. News, Forbes and NerdWallet. You can follow Lee's travels at BaldThoughts.com or listen to his weekly travel podcast at WeTravelThere.com.
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