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Apply online for Capital One® Venture® Rewards Credit Card
About Our Ratings
Credit Needed
Excellent, Good

Capital One® Venture® Rewards Credit Card Review

Pros & Cons

  • Earn 10 times the miles per $1 spent when you use your Venture® card to book a stay on Hotels.com. Earn two miles per $1 spent on all your other purchases, every day.
  • Earn a bonus of 50,000 miles (or $500 in travel) once you spend $3,000 on purchases within the first three months.
  • Redeem your miles without blackout dates or brand-loyalty – just make your purchases and redeem your miles for statement credit.

Top Features

Rewards
2 Miles per dollar on every purchase, every day.
Bonus Rewards
50,000 Miles once you spend $3,000 on purchases within 3 months from account opening
Purchase APR
14.24% - 24.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that

Full Review

Curtis Arnold Editor-in-chief

Capital One® Venture® Rewards Credit Card Essentials

Love to travel frequently? The Capital One® Venture® Rewards Credit Card is an attractive option for the serial wanderluster; that's why it's being recognized among our best credit cards of 2018.

The Capital One® Venture® Rewards Credit Card will waive the annual fee of $95 as the introductory first-year promotion. In addition to waiving the fee, the card offers you:

  • 50,000 miles (equal to $500 in travel) once you spend $3,000 on purchases within the first three months
  • Unlimited two times the miles on every purchase, every day – that’s two miles for every dollar spent
  • Earn 10 times the miles per $1 spent when you use your card to book stays on Hotels.com
  • Rewards don’t expire for the life of the account
  • No blackout dates or restrictions for redemption

Miles aren’t the only reward this card offers: Rewards can also be used for a variety of travel expenses, such as hotel accommodations and auto rentals, or turned into cash and merchandise credit if you don’t intend to travel. 

All this said, the real star power of the Capital One® Venture® Rewards Credit Card lies in the 50,000 miles bonus offer. All that fanfare aside, the Capital One® Venture® Rewards Credit Card remains one of the most compelling rewards cards on the market, enabling you to earn 2x the miles per dollar spent on every purchase, with no cap and no expiration on miles earned for the life of the account.

Since you’re earning two miles for every dollar you spend on the card, you’re essentially claiming a 2 percent rebate. That’s better than many cash-back credit cards on the market. And because you control your own travel bookings, you’re not subject to the whims of airline restrictions and blackout dates.

Added bonus: the Capital One® website and mobile banking application let you track your rewards in real time, without the need to convert earning into category codes.

What Our Editors Like Most About the Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card has all the bells and whistles you’d want in a travel rewards card. Rewards can be accumulated quickly, the APR is relatively low, you have easy visibility into your credit score, and the introductory offer is worthwhile.

Capital One® does not charge foreign transaction fees. This is an incentive because after all, if you are using a travel reward card, you’ll likely not want to deal with foreign transaction fees. Average foreign transaction fees reach around 3 percent, which can really add up as a frequent traveler.

Capital One® offers flexible redemption for travel at a high rate. In fact, this may be the biggest selling point. You can redeem miles with any airline, any hotel, and there are no blackout dates.

Just to sweeten the deal a bit, Capital One announced in January 2018 a new partnership with Hotels.com. Thanks to the partnership, Venture® (and VentureOne®) cardholders will earn 10 times the miles per $1 spent when they use their card to book stays on Hotels.com. That's in addition to the regular Hotels.com rewards program through which you earn a free night stay for every 10 nights booked on the site. All those extra miles can then be redeemed with all the flexibility of your other Venture® miles.

Potential Downsides of the Capital One® Venture® Rewards Credit Card

Even with the annual fee getting waived as an introductory bonus, the annual fee moving forward ($95) can be a turnoff – cardholders need to be consistent travelers and card users to redeem enough miles to offset the annual fee.

Because this card is not a cash-back reward program, the perks lie within its travel benefits and not its cash-back features. If a cardholder redeems his or her miles for something other than travel perks, options and rates are subject to change without notice – meaning you may not get the same dollar for dollar value as with redeeming miles for travel.

Another consumer concern may be the way miles are redeemed. You cannot use miles to offset the cost of a ticket. You must have the entire amount of miles that will cover the totality of the purchase you are making. To find out the value of miles accumulated, simply multiply your travel purchase by 100. For instance, if your travel purchase costs $400 use this formula: 400 X 100 = you need 40,000 miles to redeem your travel purchase. 

How Capital One® Venture® Rewards Credit Card Compares to Other Travel Rewards Cards

Capital One® Venture® Rewards Credit Card vs. Chase Sapphire Preferred® Card. While both cards offer features, such as no foreign transaction fees and chip-enabled technology, there are some notable differences between the two cards. Chase Sapphire Preferred® Card charges an annual fee $40 more expensive than Capital One® Venture® Rewards Credit Card. In order to qualify for the sign-up bonus, as a Sapphire holder, you can expect to spend $4,000 on purchases within the first 3 months from account opening as opposed to $3,000 with the Capital One® Venture® Rewards Credit Card. 

Capital One® Venture® Rewards Credit Card vs. Discover it® Miles. Discover it® Miles has some interesting perks like: $30 toward in-flight wi-fi and a match of all miles earned in the first year. But the traditional 1.5 miles for every $1 just barely follows behind Capital One® Venture® Rewards Credit Card's high reward turnaround; however, neither card caps the amount of rewards a cardholder can redeem.  Discover it® Miles does not have an annual fee, though, which may make it slightly more attractive than the Venture®.   Both cards require excellent credit to qualify.

Capital One® Venture® Rewards Credit Card vs. Bank of America® Travel Rewards Credit Card. Bank of America’s spin on a travel reward card offers an enticing perk: no annual fee, which is a $95 savings compared to the Capital One® Venture® Rewards Credit Card. The downside to the Bank of America® Travel Rewards Credit Card is the 1.5 points for $1 spent as opposed to Capital One® Venture® Rewards Credit Card's 2 miles for $1. The long-term reward for using Capital One® Venture® Rewards Credit Card will prove to be monetarily greater if you’re a consistent card user; if you aren’t, skip the annual fee with the Bank of America® Travel Rewards Credit Card.

Who Should Get This Card?

The program allows miles to be earned anywhere, so it’s perfect for someone who uses their credit card for everything (of course paying off the balance each month is a must or anything you earn in rewards will be eaten up by interest charges.

The Capital One® Venture® Rewards Credit Card is designed for people who love to travel and appreciate saving a bit of money when they do it with rewards they've earned just living their daily lives.

This page was last updated on February 21, 2018

This card compared to other travel rewards cards

Rewards
2 Miles per dollar on every purchase, every day.
2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and US supermarkets. 1X points on other purchases. Terms and limitations apply
Bonus Rewards
50,000 Miles once you spend $3,000 on purchases within 3 months from account opening
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
25,000 Membership Rewards® Points after you use your new Card to make $2,000 in purchases within the first 3 months.
Purchase APR
14.24% - 24.24% (Variable)
17.24% - 24.24% Variable 
N/A 
Annual Fee
$0 intro for first year; $95 after that
$0 Intro for the First Year. Then $95
Introductory annual fee of $0 for the first year, then $195.
Rates and Fees
CardRatings.com Editorial Staff

Capital One® Venture® Rewards Credit Card details

Balance Transfer Intro APR
N/A
Balance Transfer Intro Period
N/A
Purchase Intro
APR:
N/A
Purchase APR
14.24% - 24.24% (Variable)
Annual Fee
$0 intro for first year; $95 after that

What Capital One says about this card

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn unlimited 2X miles per dollar on every purchase, every day
  • New! Earn 10 miles per dollar on hotels when you pay with your Venture card at hotels.com/venture; learn more at hotels.com/venture
  • Fly any airline, stay at any hotel, anytime
  • Travel when you want with no blackout dates
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that

Credit Card Consumer Average Ratings:

Overall Ratings
Reward Program
Card Benefit
Customer Service

Credit Card Consumer Reviews:

  1. Overall Ratings:
    Reward Program:
    Card Benefit:
    Customer Service:
    Gianna ( Sep 28, 2016 at 10:34 am)

    I've been a venture capital holder for eons. I love this card. Outstanding customer service.As far as I'm concerned I will always give it and A rating


  2. Overall Ratings:
    Reward Program:
    Card Benefit:
    Customer Service:
    Thomas ( Nov 30, 2012 at 6:40 am)

    For simple travel rewards that cost $59 per year to receive the 2 percent rebate ofr travel cost, I don't think you can beat this. I keep looking but have yet to find a card that is so simple and easy to use and gives the biggest bang. Can I say I love this card. The customer service is outstanding. A rating. The only thing I don't like is that it does not give you a monthly breakdown of your expenses. It does for the a yearly summary. Also at this time there is no cell phone app for windows. I can live with that.


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Highlighted offers
Currently available on the Capital One® Venture® Rewards Credit Card
50,000 Miles
Once you spend $3,000 on purchases within 3 months from account opening
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Apply online for Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Credit Needed:
Excellent/Good
Apply online for Premier Rewards Gold Card from American Express

Premier Rewards Gold Card from American Express

  • Earn 25,000 Membership Rewards® Points after you use your new Card to make $2,000 in purchases within the first 3 months.
  • 3X points for flights booked directly with airlines. 2X points at US restaurants, US gas stations, and at US supermarkets. 1X points on other purchases.
  • No Foreign Transaction Fees.
  • $100 Airline Fee Credit. Up to $100 a calendar year for baggage fees at one airline.
  • Get a $75 hotel credit on qualifying charges, plus a room upgrade upon arrival, when available with The Hotel Collection at americanexpress.com/hc.
  • $0 Intro Annual Fee for the 1st year, then $195.
  • Expanding merchant acceptance: Over 1 million more places in the U.S. started accepting American Express® Cards in the last year.
  • Terms Apply.
Terms and Limitations Apply
Credit Needed:
Excellent, Good