Benefits of the Capital One Venture

You'll find a generous sign-up bonus, high ongoing rewards, flexible redemption options, plus several travel perks.
Jun 21, 2022
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The Capital One Venture Rewards Credit Card is a big player in the travel card space: You get rich travel rewards, a big sign-up bonus and flexible redemption options all wrapped into one card.

Capital One Venture Rewards Credit Card
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Here are the card’s benefits:

Spending rewards

1. High ongoing rewards rate

You'll collect miles at a healthy clip by using the card for everyday purchases: Cardholders earn 5 miles per $1 spent on hotels and rental cars booked through Capital One Travel and 2 miles per $1 spent on all other purchases.

2. Sizable sign-up bonus

The Capital One Venture Rewards Credit Card’s sign-up bonus is impressive: Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel. The annual fee is $95.

3. Flexible redemption options

You can use your miles, which don’t expire for the life of the account, to fly on any airline or stay at any hotel, and there are no blackout dates. You can also transfer your miles to over a dozen travel loyalty programs. That’s a lot of options for travelers who enjoy flying on different airlines and changing up which hotels they stay in.

Full list of Capital One Miles transfer partners

Airlines

  • Accor (2:1 ratio).

  • Aeromexico (1:1 ratio).

  • Air Canada (1:1 ratio).

  • Air France-KLM (1:1 ratio).

  • Avianca (1:1 ratio).

  • British Airways (1:1 ratio).

  • Cathay Pacific (1:1 ratio).

  • Emirates (1:1 ratio).

  • Etihad (1:1 ratio).

  • EVA (2:1.5 ratio).

  • Finnair (1:1 ratio).

  • Qantas (1:1 ratio).

  • Singapore Airlines (1:1 ratio).

  • TAP Air Portugal (1:1 ratio).

  • Turkish Airlines (1:1 ratio).

Hotels

  • Choice Privileges Hotels (1:1 ratio).

  • Wyndham Rewards (1:1 ratio).

Travel perks and protections

4. No foreign transaction fees

Because the Capital One Venture Rewards Credit Card doesn't charge this fee, you won't be charged an extra 3% to 5% on transactions when you use the card internationally. (None of Capital One's credit cards charges foreign transaction fees.)

5. TSA PreCheck and Global Entry credit

The Capital One Venture Rewards Credit Card offers up to $100 in credit toward the application fee credit for TSA PreCheck or Global Entry.

6. Rental car insurance coverage

The Capital One Venture Rewards Credit Card offers an auto rental collision damage waiver benefit, meaning that when you rent an eligible vehicle with the card, you may be covered for damage in the event of a collision or theft.

7. Travel accident insurance

When you use the Capital One Venture Rewards Credit Card to buy an entire fare, you'll get automatic insurance for a covered loss.

8. Roadside assistance

If you find yourself in a car-related emergency and need a jump-start, a tow or a tire change, the Capital One Venture Rewards Credit Card offers a service that can find you help.

9. Airport lounge access

Get two free visits per year to Capital One Lounges or Plaza Premium Lounges. The first Capital One Lounge opened in Dallas/Fort Worth International Airport, with additional locations opening in 2022.

Shopping perks and protections

10. Extended warranty

Qualifying items you buy with the Capital One Venture Rewards Credit Card will be eligible for additional warranty protection for free.

11. Virtual card numbers

Through its Eno "intelligent assistant" service, Capital One allows you to generate a virtual number from a checkout page, to keep your actual card number safe and secure.

Nerdy tip: Capital One also advertises access to Paribus and Wikibuy. The former is a service that works similarly to a price protection benefit, in which you can be refunded the difference if a price drops after you buy it. The latter is an online shopping comparison tool that aims to help you find the best price on an item. Neither Paribus nor Wikibuy, however, requires you to have a Capital One card.

12. Exclusive access

The Capital One Venture Rewards Credit Card offers special access to things like curated culinary experiences, concerts and festivals, and sporting events.

More about the card

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