If you’re wondering if a travel rewards credit card is right for you, consider your travel goals and decide which card best fits your lifestyle and whether it’s worth paying the annual fee.

If your goal is to save on travel, then Capital One Venture Rewards Credit Card You can redeem your rewards for travel or transfer them to one of Capital One’s 15-plus transfer partners, which can be a great deal. This card comes with a $95 annual fee (see Rates and Fees).

Here’s what makes the Capital One Venture Rewards Card worth it.

Capital One Venture Welcome Offer

For starters, the card currently offers new applicants 75,000 bonus miles after $4,000 in purchases during the first three months, plus a $250 Capital One travel credit in the first cardholder year.

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Those bonus miles alone are worth $750 when redeemed for travel, but potentially more if you’re able to leverage Capital One. Various airline and hotel partners can easily offset the annual fee.

As such, TPG’s July 2024 valuation puts this sign-up bonus at $1,638 when you factor in a $250 travel credit.

Earn miles with Capital One Venture

One of the top reasons why many people love it Capital One Venture Awards There is a direct earning structure of 2 Capital One Miles per dollar spent on anything you buy. You don’t have to worry about miles expiring as long as you keep your account open, and there’s no limit to how many miles you can earn.

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One factor that makes this card so attractive is that there are no categories to remember to activate or quarterly bonus categories — making it an ideal card for busy people who want to simplify their earning strategy and redemption options. It’s also a great card to fill any gaps that may exist in your rewards-earning strategy.

RELATED: How (and Why) You Should Earn Lots of Capital One Miles

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Redeeming miles with Capital One Venture

This is where the card really sets itself apart. The two main ways to redeem your Capital One Miles are fixed value or by transferring them to airline and hotel partners.

You can redeem miles at a rate of 1 cent with a fixed-value option toward eligible travel expenses charged to the card. For example, say you’ve reserved an Airbnb for an upcoming vacation for $750. You can redeem the 75,000 miles earned from the welcome bonus to offset the Airbnb purchase and cover the entire stay with the miles you earn. Capital One Venture.

AIRBNB

This special redemption option comes in handy when you don’t want to jump through hoops to find award availability, or if you prefer to stay at a non-chain hotel. This is also a popular redemption approach when you find cheap airfare and choose to save your other valuable transferable points for more ambitious redemptions.

Related: How to use your Moody One miles at fixed value

Advantage of Capital One Venture

This Capital One Venture Also proves its worth with other ongoing benefits. They include:

*Benefit is available to accounts approved for a World Elite MasterCard product, subject to terms, conditions and exclusions in the World Elite MasterCard guidelines for benefits. See Account Terms or Application Terms for more details. Terms, conditions and exclusions apply.

Capital One Venture Rewards Card benefits can help provide peace of mind when you travel.

Bottom line

This Capital One Venture A favorite among tourists for a few reasons. Its simple earning structure of 2 miles per dollar makes it easy to maximize on almost every purchase. The ability to redeem miles directly for fixed-rate travel and transfer them to various airline and hotel partners makes it even more versatile. Then there are value-added benefits like relatively strong travel and purchase protection, which make this card great to carry in your wallet.

In short, it’s a solid all-around choice for travelers, frequent and otherwise, and well worth the $95 annual fee. For more information, read our full review of the Capital One Venture Rewards Card.


Apply here: Capital One Venture Rewards Credit Card


For Capital One products listed on this page, some benefits may be provided by Visa® or Mastercard® and may vary by product. For details of conditions and exclusions applicable, see the relevant guidelines for benefits

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