Capital One Venture Sets Sign-Up Bonus at 60,000 Miles

Melissa Lambarena
By Melissa Lambarena 
Edited by Kenley Young

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

» This offer has expired

The offer described in this article has expired. See our details page on the Capital One Venture Rewards Credit Card for the current offer.

The $95-annual-fee Capital One Venture Rewards Credit Card is tweaking its welcome offer.

As of Dec. 15, 2020, new cardholders can earn 60,000 bonus miles after spending $3,000 on purchases within 3 months of account opening. That’s a value of $600 when you redeem for travel.

Previously, the card featured a limited-time offer of 100,000 bonus miles after spending $20,000 on purchases in the first 12 months from account opening, or 50,000 miles after spending $3,000 on purchases in the first 3 months. That 100,000-mile offer is gone, but lower spenders may do better with this latest incentive.

The Capital One Venture Rewards Credit Card still earns 2 miles per $1 spent on all purchases. The card also has a broad definition of travel, meaning you can redeem miles toward the traditional "Big Three" — airfare, hotels and car rentals — but also potentially toward things like vacation rentals. Airbnb and VRBO can be good options for those seeking socially distanced accommodations amid the COVID-19 pandemic. And if you’re not traveling currently but have set some travel goals for the future, you can collect miles with the card until you're ready for a getaway.

Travel redemptions generally offer the best value, but you can redeem miles toward eligible restaurant purchases (including takeout and delivery) and qualifying streaming services at a penny apiece through April 30, 2021.

Find the right credit card for you.

Whether you want to pay less interest or earn more rewards, the right card's out there. Just answer a few questions and we'll narrow the search for you.

Get Started
Get more smart money moves – straight to your inbox
Sign up and we’ll send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money.