Capital One® Venture® Rewards Credit Card Review

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Our Detailed Review of This Card

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The Capital One® Venture® Rewards Credit Card is a strong pick for travelers, combining a 50,000 miles intro bonus with generous rewards-earning potential and the ability to transfer your points to other popular travel programs.

Our favorite aspect of this card is the 10X miles you’ll earn for each $1 you spend at Hotels.com/Venture until Jan. 31, 2020. For those not familiar with Hotels.com, it is a popular site that lets you book rooms at hundreds of thousands of properties in more than 200 countries and territories. This makes the card a good match for both intrepid travelers and those who may not leave town that frequently. You’ll also earn an unlimited 2X miles for every $1 spent on all other purchases. Many travel credit cards only earn extra miles on specific categories, so it’s great to know you’ll be building up your miles bank with every purchase.

On top of that, the Capital One® Venture® Rewards Credit Card offers 50,000 miles once you spend $3,000 on purchases within 3 months from account opening — equal to $500 in travel! This is a pretty hefty bonus that most consumers can earn by making all of their everyday purchases with the card.

When it comes time to redeem your rewards, the Capital One® Venture® Rewards Credit Card doesn’t limit you to a single airline or hotel chain. Instead, you can book your travel on any airline or hotel, from any site and with any agent. Just use your Capital One® Venture® Rewards Credit Card to make the booking, then use your earned miles as a statement credit against the travel you booked. Not only is it easy, but you don’t need to have the entire value of the travel in miles to do it — if you booked $500 in travel, you can redeem $200 in miles and pay the $300 difference. Alternatively, you can redeem $500 in miles and pay nothing (except the rest of your credit card statement, of course). There are also no blackout dates or restrictions to worry about.

Plus, as another exciting perk for the savvy traveler, Capital One® Venture® Rewards Credit Card holders can transfer Venture miles to participating travel loyalty programs — 14 and counting! Your points will transfer at a rate of 2 Venture miles to 1.5 partner miles, depending on the loyalty program. With this feature, customers can book airline award tickets (including first and business class), access points transfer promotions from leading travel brands, top off mileage accounts to maximize redemptions, upgrade existing bookings and more.

The Capital One® Venture® Rewards Credit Card comes with additional benefits as well. For one, it charges no foreign transaction fees. This is a big plus for international travelers because those pesky fees, which are usually around 3% to 5% of every purchase made outside the U.S., can add up very quickly. Users will also enjoy Visa® benefits, including complimentary concierge service, road assist service, travel and emergency service, and extended warranty protection on items purchased with your card. What’s more, Capital One® Venture® Rewards Credit Card holders will receive up to $100 every 4 years to cover the Global Entry or TSA Pre✓® program application fee, a necessity for frequent travelers. You’ll also receive a free TransUnion credit score each month, and if you’re a techie, you’ll appreciate the option to use Venture with Apple Pay to make purchases with your phone.

We highly recommend the Capital One® Venture® Rewards Credit Card for its enormous 10X point earning at Hotels.com/Venture, a 50,000 miles once you spend $3,000 on purchases within 3 months from account opening intro bonus (worth $500!), flexible reward redemption and additional benefits. There is a $95 annual fee, but it’s waived the first year, allowing you to try it out free of charge for the first 12 months to see if it’s a good fit for you. If the annual fee is a dealbreaker, consider the Capital One® VentureOne® Rewards Credit Card, which has no annual fee, but also earns 10X miles at Hotels.com/Venture until Jan. 31, 2020, offers a 20,000-mile bonus opportunity and much more.

Rewards

  • The miles you can earn have no limit and no expiration.
  • Earn 10X miles on thousands of hotels; learn more at hotels.com/venture.
  • Earn 2X miles on every purchase, every day.
  • Earn 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel.
  • Fly on any airline, anytime with no blackout dates.
  • No foreign transaction fees.

Redeem Rewards

  • Redeem rewards for travel, cash, gift cards, brand-name merchandise, and more.
  • Redeem your miles for any travel expense in two ways: either by contacting the Capital One Rewards Center or by using your card to book your own travel online, over the phone, or in-person.
  • Exchange your Venture miles for miles with 14 (and counting) participating loyalty programs at a rate of 2 Venture miles for 1.5 airline miles, depending on the loyalty program.
  • Redemption rates for cash, gift cards, brand-name merchandise, and more vary and are subject to change without notice.

Fees and APR

  • Annual Fee: $0 intro for first year; $95 after that.
  • Foreign Transaction Fees: None.
  • Purchase APR: 17.99% - 25.24% (Variable), depending on credit history.
  • Balance Transfer APR: 17.99% - 25.24% (Variable), depending on credit history.
  • Balance Transfer Fee: $0.
  • Terms and Conditions
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Disclaimer: This content is not provided or commissioned by the credit card issuer. Opinions expressed here are author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through the credit card issuer Affiliate Program.