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Benefits of the Capital One Venture

You'll find a generous sign-up bonus, high ongoing rewards, flexible redemption options, plus several travel perks.
Nov. 19, 2019
Credit Cards, Rewards Credit Cards, Travel Credit Cards
535499082
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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. Another plus? You get to skip the annual fee for the first year.

Here are the card’s benefits:

» MORE: NerdWallet’s best Capital One credit cards

Spending rewards

1. High ongoing rewards rate

You’ll collect miles at a healthy clip by using the card for everyday purchases: Cardholders earn 2 miles per $1 on all purchases. And if you book your hotel stays through hotels.com/venture; you’ll earn 10X miles per $1 spent through January 2020.

2. Sizable sign-up bonus

The Capital One® Venture® Rewards Credit Card’s sign-up bonus is impressive: Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel. That compares favorably with other travel rewards cards, especially when you consider you don’t pay the annual fee until the second year. The annual fee is $0 for the first year, then $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.

» MORE: What is the Capital One Purchase Eraser?

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.)

» MORE: NerdWallet’s best no foreign transaction fee credit cards

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.

Shopping perks and protections

9. Extended warranty

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

10. 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.

11. 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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