- New Capital One Venture Rewards Credit Card cardholders can earn a welcome bonus of 75,000 bonus miles after spending $4,000 on purchases in the first three months of account opening.
- 75,000 Capital One Miles are worth $750 in travel.
The current welcome offer of the Capital One Venture Rewards Credit Card is 75,000 bonus miles after spending $4,000 in the first three months of account opening, worth $750 in travel.
Earn 5X miles per dollar on hotel stays, vacation rentals or rental cars booked through Capital One Travel and 2X miles on all other purchases.
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The Capital One Venture Rewards Credit Card has a simple earning structure— 5 miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel and 2 miles per dollar on all other purchases.
While spending the $4,000 required to meet the sign-up bonus requirement, you’ll earn even more miles. If you don’t buy any travel and only utilize the 2X miles on all purchases, you’d rack up 8,000 additional miles. So, by the time you earn the welcome offer, you will have earned 83,000 miles in total (75,000 + 8,000).
If you utilize the 5X miles on hotels and rental cars through Capital One Travel, that number can increase exponentially. Let’s say you spend $1,500 on a week-long hotel stay, another $500 on a rental car, and $2,000 on other odds and ends to meet the $4,000 spending requirement.
You’d earn:
In this hypothetical scenario, you’d earn 14,000 miles. Add that to the 75,000 miles from the welcome bonus and you’re sitting at 89,000 miles. At the 1 cent per mile valuation, your earnings would ring in at $890 of travel.
There are various ways to redeem your Capital One miles, including:
While redeeming miles for travel bookings is often the most straightforward option, transferring miles to travel partners can sometimes provide more value.
For example, you can transfer miles 1:1 to Air Canada (Aeroplan), whose points are valued at approximately 1.4 cents each. That means 1 Capital One mile would be worth 1.4 cents.
Your 75,000 welcome offer miles would be worth around $1,050 in Aeroplan points.
▶︎ Learn more: Guide to Capital One Miles
Capital One Venture Rewards has various other perks to help further increase its overall value.
Cardholders can access benefits like:
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If this card’s welcome offer and additional perks weren’t enough to convince you to add it to your wallet, plenty of travel credit card options are available.
Here’s a recap of the Venture card and quick details on two of our favorite alternatives:
Capital One Venture Rewards Credit Card
Capital One Venture X Rewards Credit Card
Chase Sapphire Preferred® Card
▶︎ Still undecided? See our top picks:
* Opinions expressed here are those of the LA Times Compare Cards Team and have not been reviewed or approved by any advertiser or entities included within this content. See our editorial policy for more details.
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