Capital One Venture Rewards Credit Card Review
Earn unlimited 2x miles on all purchases, and get access to Capital One travel partners.
By Mandy H.|Updated on 12/15/2023
Back
The Capital One Venture Rewards Credit Card is an entry-level travel credit card ideal for those who travel occasionally. Earn unlimited 2x miles on all purchases.
Capital One Venture Rewards Credit Card
Enjoy a one-time bonus of 75,000 Miles once you spend $4,000 on purchases within 3 months from account opening
Ideal for people who want to earn simple rewards on all purchases. Access Capital One transfer partners to redeem miles for a higher value.
Point Multipliers
- 5x Miles on hotels and rental cars booked through Capital One Travel
- 5x Miles when you book on Turo through 5/16/2023
- 2x Miles on all other purchases
Other Benefits
The Capital One Venture Rewards card has a handful of other benefits like:
- No foreign transaction fees
- Access to Capital One Entertainment
- Access to the Capital One Dining network
- Hertz Five Star® status
Airport Lounge Access
Important note: Starting January 1, 2025, the airport lounge benefit will be removed from the card.
Get two visits per year to Capital One Lounges or Plaza Premium lounges. The complimentary visits may be used for guests; this deducts from the two visits per year.
You can purchase additional visits for a guest at a Capital One Lounge at a discounted rate of $45. Prices for additional guest passes at Plaza Premium Lounges may vary depending on location.
To utilize the complimentary lounge passes or get discounted access, you must show or use the eligible Capital One card at the lounge.
The Venture Rewards card does not include Priority Pass membership.
Global Entry or TSA PreCheck® Credit
Receive up to $100 in Global Entry or TSA PreCheck® Credit when you use your eligible card to pay. Reimbursement for the application fee will be applied as a statement credit.
The benefit is valid once every five years.
Redeeming Points
The Capital One Venture Rewards earns miles, which can be used on Capital One's 15+ transfer partners.
Capital One Hotel Partners:
- Accor Live Limitless
- Choice Hotels
Capital One Airline Partners:
- Aeromexico: Club Premier
- Air France: KLM FlyingBlue
- Air Canada: Aeroplan
- Asia Miles
- Avianca: Avianca LifeMiles
- British Airways: Avios
- Emirates: Skywards
- Etihad Airways: Etihad Guest
- EVA Air: Infinity MileageLands
- Finnair: Finnair Plus
- Qantas: Frequent Flyer
- Singapore Airlines: KrisFlyer
- TAP Air Portugal: Miles & Go
- Turkish Airlines: Miles & Smiles
- Virgin Red: Virgin Points
Recent Travel
Redeem miles for your recent eligible travel purchases made within the last 90 days at a rate of 1 cent per point. Eligible purchases include airlines, hotels, rail lines, car rentals, and buses.
Gift Cards
Redeem miles for gift cards at 1 cent per point.
Cash Back
Miles can be redeemed for cash back, but only at 0.5 cents per point. Unless you have to, it's not worth redeeming miles for cash back.
Alternatives
The Capital One Venture X Rewards Credit Card might be a better fit if you want access to airport lounges and premium travel benefits. Get unlimited airport lounge access for you and two guests.
The Venture X also has a $300 annual travel credit and 10,000-anniversary miles each cardmember year to offset the hefty annual fee.
Capital One Venture X Rewards Credit Card
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening
The Capital One Venture X Rewards Credit Card is one of the best premium travel cards, given the travel perks and overall simplicity. The card does have a hefty annual fee, but the credits, anniversary miles, and perks easily outweigh this for most people.
Main Takeaway
The Capital One Venture Rewards is ideal for casual travelers who want access to travel partners and the occasional airport lounge.
If you're looking for more robust travel benefits and travel credits, I would consider the Venture X instead.