It’s hard to ignore what the Capital One team has done in the past few years, with updates to cards like the Capital One Venture and its rewards program. The addition of lounges, new cards like the Capital One Venture X, and a focus on dining and event exclusivity can’t be ignored.
The Capital One Venture is a solid everyday card to use. This is because the card earns a respectable return on everyday spending. What the card lacks in statement credits and benefits makes up for in making it easy to earn miles.
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Capital One Venture Details
New card members can earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
The annual fee is $95 and there are no transaction fees when making purchases outside of the United States.
Capital One Venture Credits
Up to a $100 credit for Global Entry or TSA PreCheck, every four years is available on the card. This is a redundant credit offered by many cards like the Capital One Venture.
Capital One Venture Benefits
Lounge access, Capital One Entertainment access, and Capital One Dining access are the benefits of Capital One Venture.
Cardmembers receive 2 complimentary visits per year to Capital One Lounges or Plaza Premium Lounges. Capital One has stepped up its game concerning its lounges. It’s clear Capital One is attempting to keep pace with American Express and now Chase in opening new lounges.
Capital One Entertainment gives cardmembers exclusive access to tickets, events & perks. You can also use your rewards, your card, or a combination of both to get tickets to thousands of events.
Capital One Dining offers access to award-winning restaurants curated by experts, like Chef José Andrés, the MICHELIN Guide, and the James Beard Foundation. Culinary experiences, access to chef collaborations, and dinners curated by world-renowned chefs are all at your fingertips.
How to Earn Points with the Capital One Venture
Capital One Venture earns miles (points) at the following rates:
- 2 Miles per dollar on every purchase, every day.
- 5 Miles on hotels and rental cars booked through Capital One Travel.
For comparison, you can earn points at the following rates with these cards:
- 2X points with the Citi Double Cash Card
- 3X miles on hotels and car rentals with the Chase Sapphire Reserve
How to Redeem Points with the Capital One Venture
There are 16 airlines and 3 hotel programs that are Capital One transfer partners. Not all programs are created equal in the ability to receive outsized value. Programs to keep on your radar include Air Canada Aeroplan and Air France KLM Flying Blue.
Examples of ways to redeem Capital One Miles include:
- 53-55k Flying Blue Miles to fly Air France or KLM business class to Europe
- 70k Air Canada Aeroplan Miles to fly Austrian or SWISS business class to Europe
- 87k Avianca LifeMiles to fly Lufthansa first class to Europe
Which Cards Compete with the Venture Card?
The Citi Premier Card, Chase Sapphire Preferred, and Amex Green Card compete against the Capital One Venture. These cards earn points at the following rates:
- 3X points at restaurants, supermarkets, gas stations, and on airfare and hotels with Citi Premier Card
- 3X points on dining, 2X points on travel with the Chase Sapphire Preferred
- 3X points on dining and travel with the Amex Green Card
Common Venture Card Questions
What is the Capital One Venture card good for?
You earn 2 miles per dollar spent on all purchases and can redeem those miles (at a value of 1 cent apiece) for any travel purchase per this article.
Is Chase Sapphire or Capital One Venture card better?
The Chase Sapphire Preferred offers more bonus categories and an anniversary points bonus but the Capital One Venture Rewards card offers a better return on everyday purchases per this article.
What is the starting credit limit for the Capital One Venture card?
Your minimum credit limit will be $5,000 per this article.
What is the highest credit limit for Capital One Venture?
Highest reported credit limit: is $58,000 per this article.
Conclusion on the Venture
Capital One Venture comes with a statement credit for Global Entry or TSA PreCheck. In addition, card members receive lounge access, Capital One Entertainment access, and Capital One Dining access.
What do you think about this card? How do you like to redeem Capital One miles earned from this card? Please let me know in the comments below or by sending me an email on my contact page.
Disclaimer: If you click and/or sign up for a credit card through certain links on this site or any of my related social media platforms, I may make a commission from that click-through. The editorial content on this page and the user comments are not provided by any of the companies mentioned and have not been reviewed, approved, or otherwise endorsed by any of these entities. The opinions expressed here are mine alone.
