Is the Capital One Venture Worth It? ONLY If You Want a Guaranteed $500 Off Your Next Trip

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Is the Capital One Venture Worth It? ONLY If You Want a Guaranteed $500 Off Your Next Trip

Joseph HostetlerIs the Capital One Venture Worth It? ONLY If You Want a Guaranteed $500 Off Your Next TripMillion Mile Secrets Team

Signing-up for credit cards through partner links earns us a commission. Here’s our full Advertising Policy.

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!

The Capital One Venture is worth it – I received FREE afternoon tea (a value of ~$160) at the top of the Burj Al Arab with Capital One miles

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:

  • Airlines
  • Hotels (including boutique and independent hotels)
  • Car rentals
  • Cruise lines
  • Hotel meals (when charged to your hotel room, including Disney hotels)
  • Airbnb
  • 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)
  • Avianca
  • Singapore Airlines

You can read more about transferring Capital One miles to airlines here.

Still Not Convinced?

The Capital One Venture has other benefits that sweeten the pot a little more.

Tons of Bonus Miles Through

Through January 31, 2020, you’ll earn 10 Venture miles per $1 you spend on hotel stays booked and paid for with your card through this link.

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 Rewards program, which gives you every 10th night booked with 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:

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Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

  • 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
  • Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at
  • Named ‘The Best Travel Card' by CNBC, 2018
  • Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
  • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that

More Info

Editorial Note: We're the Million Mile Secrets team. And we're proud of our content, opinions and analysis, and of our reader's comments. These haven’t been reviewed, approved or endorsed by any of the airlines, hotels, or credit card issuers which we often write about. And that’s just how we like it! :)

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I just received an offer in the mail for 60,000 bonus points when I sign up for this card. Hard to pass up!

Joseph Hostetler

Wow! Go for it! And then send us a success story about how you used the miles:D

Can you use the bonus miles to book a ticket for somebody else?

Yes. Definitely.

You neglect to mention that Capital One pulls from ALL 3 credit bureaus which may be an issue for some people.

Can you receive the sign-up bonus if you’ve already earned it before?

Joseph Hostetler

I’ve certainly heard of folks successfully re-earning the bonus after they decide they want to give the card another chance.

No. Not a chance.