Who Can Benefit Most From the Capital One Venture Card?

Dec 4, 2019

Many or all of the products featured here are from our partners who compensate us. This may influence 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.

The Capital One Venture Rewards Credit Card is a no-frills, straightforward travel rewards card that shines in its rewards simplicity. If you want a travel card that takes the guessing game out of reward structures, this card is worth checking out. Still not convinced? Let's review who stands to benefit most from signing on the dotted line.

The welcome bonus seeker

Those who enjoy taking advantage of big welcome bonuses should take note — the Capital One Venture Rewards Credit Card packs quite a punch: Enjoy a one-time bonus of 60,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $600 in travel.

The annual fee is $95, making this bonus even more attractive.

The miles stacker

As we mentioned, the Capital One Venture Rewards Credit Card makes earning miles simple. Those who don't want to jump through hoops to figure out the best way to earn miles will love this card. Here's the breakdown: You can earn 2 miles per $1 spent on … everything. That's right; there's no fine print here.

There is just one bonus category: 5 miles per $1 spent on rental cars and hotels booked through Capital One Travel.

Not only is it easy to earn miles, but there's no catch to worry about once you start racking them up, because the miles don't expire.

The international traveler

If you travel abroad often, the Capital One Venture Rewards Credit Card will be helpful since it has no foreign transaction fees. Think about all the times you use your credit card while traveling, and it's easy to see why a zero-foreign-transaction-fee card is essential.

In addition, the Capital One Venture Rewards Credit Card provides you with a $100 credit to cover a Global Entry application fee (or $85 toward TSA Precheck). This credit is issued once every four years. All you have to do is use the Capital One Venture Rewards Credit Card to pay the fee, and your credit will appear within two billing cycles.

The travel redeemer

The Capital One Venture Rewards Credit Card is great if you like to use your miles to pay for travel. Capital One describes this category as including not only airfare, but railroad trips, car rentals, limousine rentals, buses, cruises, taxis, travel agents and timeshares. You can redeem your miles at 1 cent per mile in two ways: Use miles to pay for travel booked through Capital One, or use Capital One's Purchase Eraser tool to receive statement credits for travel booked through other sites. You can also transfer miles to 15+ airline partners. Once again, this card makes everything easy.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2021, including those best for:

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.