I have the Capital One® Venture® Rewards Credit Card. I’ve used the Capital One miles I’ve earned to dramatically reduce my expenses during fun vacations, like trips to the Caribbean and Dubai. The card collects some of the most useful credit card rewards EVER.
When you’re deciding whether you should open a travel credit card, oftentimes the answer is…it depends. It depends on your travel style, it depends on your travel goals, it depends on your home airport. The Capital One Venture is perhaps the least “it depends” card out there. If you want to travel, this card will guarantee you’ll save hundreds of dollars.
I’ll show you why!
Is the Capital One Venture Worth It?
Apply Here: Capital One® Venture® Rewards Credit Card
Read our review of the Capital One Venture
ABSOLUTELY the Capital One Venture is worth opening. Here are the 2 main reasons:
- The card is COMPLETELY FREE for 12 months (its $95 annual fee is waived the first year)
- You’ll receive 50,000 bonus miles ($500 in travel) after you spend $3,000 on purchases within the first 3 months of account opening
In other words, Capital One will pay for $500 worth of your upcoming travel. And there’s NO catch. They’re just giving you $500 when you meet the minimum spending requirements.
As a matter of fact, you’ll have 56,000 Capital One miles ($560 in travel) after you meet the spending requirement, because the card earns a flat 2 miles for every purchase! If you don’t think you can meet the minimum spending requirement, check out this post to see how easy it can be.
Here’s a list of popular purchases for which you can redeem Capital One miles:
- Hotels (including boutique and independent hotels)
- Car rentals
- Cruise lines
- Hotel meals (when charged to your hotel room, including Disney hotels)
- Lyft and Uber
- Disney World tickets or other park tickets purchased through Undercover Tourist
You can also transfer your miles to a bunch of different airlines, though honestly I’m not a fan of using them this way. Capital One miles are worth 1 cent each when you redeem them for travel, and it’s difficult to get a value greater than that by transferring them to airlines. That said, the best transfer partners are:
- Air Canada (Aeroplan)
- Air France & KLM (Flying Blue)
- Singapore Airlines
Still Not Convinced?
The Capital One Venture has other benefits that sweeten the pot a little more.
Tons of Bonus Miles Through Hotels.com
Because Capital One miles are worth 1 cent each, you’ll effectively receive 10% back on your hotel stays. Plus, you can combine this deal with the Hotels.com Rewards program, which gives you every 10th night booked with Hotels.com free, in addition to the 10% you can earn with your Capital One Venture!
Exclusive Perks at Airport Security Checkpoints
The card also comes with a Global Entry or TSA PreCheck credit (worth up to $100). Global Entry saves you lots of time by getting you quickly through US Customs and Immigration when you return to the US from abroad.
When you enroll in Global Entry, you’ll also receive a membership to TSA PreCheck, which allows you to keep your shoes and jacket on when you go through airport security. You don’t even have to take your laptop and toiletries out of your carry-on!
Let me know if you think the Capital One Venture is worth opening! And subscribe to our newsletter to get the details on more miles & points deals: