Update: This offer is no longer available. Check our Hot Deals for the latest offers.
Via Flyertalk, you can get 50,000 points on the Capital One Venture card. This normal sign-up bonus is 20,000 points so this is more than twice the normal signup bonus!
50,000 Point Capital One Venture Card
Link: 50,000 Point Capital One Venture Card
You get 50,000 points from the Capital One Venture card after spending $3,000 within 3 months.
The normal signup bonus for the Capital One Venture card is 20,000 points (link provided for comparison) so a 50,000 point offer is very good!
The $59 annual fee is waived for the first year.
The application doesn’t say how long the offer will be available, so I expect it to last sooner rather than later. If you do apply, please take a screenshot of the ad mentioning the 50,000 point signup bonus because this isn’t my link.
I had a Venture card when Capital One ran their 100,000 mile promotion, where they would give you 100,000 miles if you could show them that you had 100,000 miles with other airlines!
Using Capital One Venture Rewards Points
Capital One points are worth 1 cent when redeemed for travel, so 50,000 points will get you $500 in travel!
You earn 2 Venture points per $1 spent, so you get 2% in cash back when you redeem Venture points for travel. This is one of the best travel cash back cards, though you get ~2.2% cash back with the Barclaycard Arrival card. But you can always get both cards!
You can use Capital One points towards any type of travel – flights, hotels, cruises, and car rentals etc. This is particularly useful for folks who want to travel within the US and don’t have a lot of flexibility with their travel plans. You don’t have to worry about award availability when you use Capital One points.
Having the Venture card will also get you access to cheap car rentals via the Capital One travel portal.
The big downside of Capital One cards is that they request your credit from ALL 3 credit bureaus (Experian, Equifax, and TransUnion) in the US. This means that you will get a credit inquiry at each credit bureau.
If you don’t apply for a lot of cards, or aren’t worried about credit inquiries, it could make sense to apply for the Capital One 50,000 point offer for the $500 in unrestricted travel.
If you are worried about credit inquiries, the Barclaycard Arrival card will get you ~$420 in unrestricted travel, but with only 1 credit inquiry.
You can get 50,000 points or ~$500 towards travel from the Capital One Venture card.
And don’t forget that Capital One usually pulls your credit from all three credit bureaus!