AwardWallet receives compensation from advertising partners for links on the blog. Terms Apply to the offers listed on this page. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
Capital One is currently running an increased bonus on the Capital One Venture Rewards Credit Card. New cardmembers can earn 75,000 bonus miles after meeting the minimum spending requirements. This is an outstanding offer on a card that combines super-easy redemption options with high-value transfer partners. In addition, this offer on the Capital One card only charges an $95 annual fee.
The 75,000-mile bonus is worth $750 if you use points to pay yourself back for travel purchases. This is the absolute minimum value you can get from this offer. But, this bonus is potentially worth much more if you transfer miles to Capital One's airline and hotel partners.
(For a quicker read, we picked the four best partners to get maximum value.)
Let’s dig into the details of this Capital One Venture offer and decide if this card deserves a place in your wallet.
- Earn 75,000 Miles once you spend $4,000 on purchases within 3 months from account opening; worth $750 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
- 2 Miles on every purchase
- Fee credit for Global Entry or TSA Pre✔® (up to $100)
- No foreign transaction fees
- $95 annual fee
- 5X miles per dollar on hotels and rental cars booked through Capital One Travel
- 2X miles per dollar on all other purchases
Massive 75,000-Mile Welcome Offer
To earn the increased 75,000-mile welcome bonus, you'll need to spend just $4,000 on your card over the first three months.
In the past, minimum spending requirements for increased Capital One Venture offers have been as high as $20K over 12 months. But, this offer requires just $4,000 in three months for a manageable average of $1,333 in monthly spending.
For comparison, the previous offer for this card was 60,000 miles after spending $3,000 in the first three months. With this new offer, you can now earn 15,000 extra miles for just $1,000 additional in spending.
Remember, the sign-up bonus is in addition to the 2X miles you'll earn from everyday purchases. After three months, you should have at least 83,000 miles, which are worth a minimum of $830 towards travel.
Here's a breakdown:
- Earn 75,000 bonus miles after spending $4,000 in the first three months.
- Plus, earn 8,000 miles with 2X miles on everyday purchases.
Earn 2X Points on Every Purchase—Every Day
Most flexible rewards cards typically offer a range of bonus categories but only earn a single point per dollar on non-bonus spending. With the Capital One Venture card, you'll earn 2X miles for every dollar spent on all purchases in every category. The card's only additional bonus category is 5X miles on hotel and car rental purchases made through Capital One Travel.
You can potentially earn more points using other cards that earn more than 2X points on select categories. But, the Capital One Venture offers a simple way of building a substantial balance of rewards on everyday spending without the need to organize an entire portfolio of cards.
When you factor in that most airline partners transfer at a 1:1 ratio, you are effectively getting 2X airline miles on every purchase!
Redeem Capital Miles for a Fixed-Value or Transfer to Travel Partners
Miles earned with your Capital One Venture give you the ultimate flexibility to redeem your rewards for travel.
You can redeem miles for almost any travel expense via a statement credit. Simply pay with your Capital One Venture card. Then, you have up to 90 days from the date of purchase to redeem miles towards the purchase at a value of 1 cent per point.
Or, you could transfer Capital One miles to airline and hotel partners to get even better returns. Transferring miles directly to a hotel or airline loyalty program means you can take advantage of any sweet spots within that specific program. With Capital One, you get to have the flexibility of both fixed-value redemptions or transferable rewards.
For more tips on making the most of your Capital One miles, check out our post on how to redeem miles for maximum value with the Capital One Venture card.
Capital One Venture Feature Benefits
The Capital One Venture card offers some top perks and benefits. These perks include a 24/7 concierge service, travel insurance, roadside assistance, and reimbursement for lost luggage. Plus, you won't pay any foreign transaction fees when making international purchases.
The Capital One Venture is also one of the many cards that features a statement credit towards the TSA PreCheck or Global Entry application fee. The value of the credit depends on which program you choose:
- $100 rebate on Global Entry enrollment fee
- $85 rebate on TSA PreCheck enrollment fee
Final Thoughts
Thanks to the increased offer on the Capital One Venture, new cardmembers can now earn 75,000 miles by spending $4,000 on purchases within three months from account opening.
The card earns 2X Venture Miles per dollar on every purchase and 5X miles on hotel and rental car purchases from Capital One Travel. Plus, you can score a Global Entry/TSA PreCheck credit and a host of travel and purchase protections.
Now is the perfect time to add this card to your wallet!
- Earn 75,000 Miles once you spend $4,000 on purchases within 3 months from account opening; worth $750 in travel if redeemed for a fixed-value, or potentially much more when transferred to airline partners
- 2 Miles on every purchase
- Fee credit for Global Entry or TSA Pre✔® (up to $100)
- No foreign transaction fees
- $95 annual fee
- 5X miles per dollar on hotels and rental cars booked through Capital One Travel
- 2X miles per dollar on all other purchases
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
