Source: The Points Guy
Summary
The Capital One Venture Rewards Credit Card offers 2 miles per dollar on all purchases and 5 miles per dollar on travel booked through Capital One Travel. It has no foreign transaction fees and provides flexible redemption options, including transfers to airline and hotel programs. The card has a $95 annual fee but includes benefits like price protection and a $120 statement credit for Global Entry or TSA PreCheck. According to The Points Guy, the card is a mid-tier travel rewards option with a straightforward structure.
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The escape is carefully planned.
2 miles per dollar on every purchase, 5 on travel. No foreign fees. Transfer miles to 15+ programs. Price protection and statement credits. $95 annual fee.
Redeem for travel, cash, or experiences. No lounge access. No annual credits. Limited bonus categories.
Simple, predictable, and practical. Not for those seeking exclusivity or elite perks.
Travel rewards that don’t require a degree in points and miles.
Author: Evan Null
Capital One Venture Rewards Credit Card: The basics
The Capital One Venture Rewards Credit Card offers at least 2 miles per dollar spent on every purchase, making it an excellent everyday spending card. Plus, it offers 5 miles per dollar spent on hotels, vacation rentals and rental cars booked through Capital One Travel. These earning rates make the Capital One Venture Rewards card an appealing and good option for consumers who want to use one card for all their purchases.
Capital One Venture Rewards Credit Card pros and cons
The Capital One Venture Rewards earns miles that you can redeem for travel, cash back, gift cards, experiences and more. But you can also transfer your miles to 15-plus travel loyalty programs, including Air Canada Aeroplan, Air France-KLM Flying Blue and Choice Privileges.
Capital One Venture Rewards Credit Card benefits
The Capital One Venture Rewards offers cardholders several benefits that help offset the card’s $95 annual fee. These include price prediction and free price drop protection when booking flights through Capital One Travel, a price match guarantee, and a $120 statement credit for Global Entry or TSA PreCheck.
How to earn and use your rewards
Capital One miles are easy to earn and redeem yet still offer significant value. The Capital One Venture Rewards offers simple-to-remember earning rates. Specifically, you’ll earn 5 miles per dollar spent on hotels, vacation rentals and rental cars booked through Capital One Travel and 2 miles per dollar spent on all other purchases.
Downsides of the Capital One Venture Rewards Credit Card to consider
The Capital One Venture Rewards won’t be the right card for everyone. Here are some drawbacks to keep in mind: bonus earning outside Capital One Travel is limited, with most purchases earning the card’s standard 2 miles per dollar, and there are no airport lounge benefits or annual statement credits or miles to help offset the annual fee.
