Limited Time Signup Bonus:
Capital One has just launched a limited time offer for its Capital One Venture Rewards Credit Card. The expiration date of this offer is unknown.
You will earn a $300 Capital One hotel and vacation rental travel credit, plus 75,000 bonus miles after spending $4,000 in the first 3 months.
As you earn at least 2 miles per dollar everywhere, you’ll have at least 83,000 miles after spending $4,000 in 3 monthsm plus the $300 credit. 83K miles can be used for $830 of travel, dining, or gift cards. Or it can be transferred into 83K airline miles where they can be worth much more!
The $300 hotel and vacation rental credit will be applied to your account within two billing cycles and will expire after 12 months. The credit will be available within Capital One Travel and can be applied to hotel and vacation rental purchases at checkout. The credit may be used in whole for a single purchase or in part over multiple purchases. If the purchase using the credit is canceled, the credit will be restored if it is not expired.
It’s worth noting that Capital One has an excellent price match guarantee for travel within 24 hours of booking. You will get a credit for the price difference, and best of all, the credit doesn’t expire!
Annual fee:
There is a $95 annual fee for the primary card and no annual fee for additional cardholders.
Card earnings:
- 2 miles per dollar everywhere.
- 5 miles per dollar on hotels, vacation rentals, and rental cars booked through the Capital One Travel portal.
- There are no foreign transaction fees.
Spend Threshold:
You’ll need to spend $4,000 on this card within 3 months.
You can pay your federal taxes for a 1.75% fee. If you overpay your taxes you can request a refund or apply it to your next year’s taxes.
My local natural gas company allows me to prepay up to $1,000 on a credit card for a $1.65 flat fee. That’s a great way to earn miles and help meet a spend threshold. My electricity supplier allows me to pay with a credit card for free as long as I am enrolled in autopay.
Card benefits:
- Rental car CDW insurance
- Extended warranty
- Lost Luggage Insurance
- Travel Accident Insurance
- Purchase protection for items damaged or stolen within 90 days
- Virtual card numbers
Use points for paid travel reimbursement:
You can redeem your points to pay yourself back for any travel related expenses (airfare, hotels, car rentals, cruises, ride sharing, etc) or book new travel at a value of 1 cent per point.
Global Entry/TSA Pre-Check Credit:
It costs $78 to apply for a 5 year TSA Pre-Check membership which makes flying pleasant again. Shorter lines, no need to remove your shoes, belt, jacket, or hat. You can keep your laptop and small liquids inside your carry-on. And you go through a good old fashioned metal detector instead of assuming the position in the body scanner. If you charge it on your card the fee will be refunded.
It costs $120 to apply for a 5 year Global Entry membership which lets you bypass the customs line. If you have Global Entry you also get TSA Pre-Check for free. Members can also apply for Global Entry/PreCheck for all of their kids under 18 for free!
If you charge it on your card the fee will be refunded. You can get refunded for this charge once every 4 years.
You can read more more about the differences in this post.
My whole family has Global Entry and it sure makes traveling a whole lot easier!
Hertz elite status:
Primary and additional cardholders get free Hertz Five Star elite status. Benefits include skip the counter and e-return, 25% bonus points, space available upgrades, wider ultimate choice availability, and more!
Excellent MLB Redemptions
Capital One cardholders have access to exclusive tickets to special events such as All-Star Week, the MLB Postseason, and the World Series presented by Capital One.
Plus, you can redeem just 5,000 miles (or $40 cash back) for ultra-premium MLB seats in every ballpark, for every game. There are 4 tickets available for every game at that rate. The best time to buy is when each month’s games go live, which are posted here.
I have gone to games with amazing seats in NYC, DC, LA, Anaheim, Cincinnati, Cleveland, Dallas, Houston, Pittsburgh, San Diego, and San Francisco, and hope to go to many more to complete my 30 ballpark tour using my Capital One miles at an excellent value!
Getting $200 seats for 5,000 miles is a great deal!
Product changes:
Capital One doesn’t have regular product change options like most banks, but you may be able to change between the no annual fee Capital One VentureOne Rewards Credit Card, the $95/year Capital One Venture Rewards Credit Card and the $395/year Capital One Venture X Rewards Credit Card, but you won’t get a signup bonus for upgrading from VentureOne or Venture to Venture X.
Even if you aren’t eligible for a product change, you can always close a card for at least a month after an annual fee is billed, to get a refund of the fee.
Card combos:
The $95/year Capital One Venture Card and the $395/year Capital One Venture Rewards X Credit Card offer 75,000 points for spending $4,000 in 3 months, though only the Venture card has the current limited time offer. Both these cards offer 2 miles per dollar everywhere and the ability to transfer points into airline miles and hotel points. The Venture X adds a $300 annual travel credit, a 10K mile annual anniversary bonus, lounge access, elite status, Global Entry/PreCheck, and more.
Add the no annual fee Capital One SavorOne Cash Rewards Credit Card and earn you’ll earn 3% back or 3 miles per dollar on groceries, dining, entertainment and streaming and 8% back on Capital One Entertainment purchases!
Airline and hotel transfer partners:
You can transfer miles from Capital One into these programs at the following ratios:
- Aer Lingus (1:1 via BA, No alliance)
- Aeromexico (1:1, SkyTeam)
- Air Canada Aeroplan (1:1, Star Alliance)
- Air France/KLM Flying Blue (1:1, SkyTeam)
- Avianca LifeMiles (1:1, Star Alliance)
- British Airways Avios (1:1, OneWorld)
- Cathay Pacific Asia Miles (1:1, OneWorld)
- EVA (1:0.75, Star Alliance)
- Etihad (1:1, No alliance)
- Emirates (1:0.75, No alliance)
- Finnair (1:1, OneWorld)
- Iberia (1:1 via BA, OneWorld)
- JAL (1:0.75, No alliance)
- JetBlue (1:0.6, No alliance)
- Qantas (1:1, OneWorld)
- Qatar (1:1 via BA, OneWorld)
- Singapore (1:1, Star Alliance)
- TAP Air Portugal (1:1, Star Alliance)
- Turkish Airlines (1:1, Star Alliance)
- Virgin Red/Virgin Atlantic (1:1, SkyTeam)
- Accor Hotels (1:0.5)
- Choice Hotels (1:1)
- Hilton Hotels (1:1.5 via Virgin)
- Preferred Hotels & Resorts (1:2)
- Wyndham Hotels (1:1)
A nice perk is that after the 1,000 mile minimum transfer, you only need to transfer miles in increments of 100, meaning you have fewer leftover miles compared to other bank transfers.
- Air Canada Star Alliance awards start at just 6K miles, making for excellent bargains!
- Avianca Lifemiles awards start at just 6.5K miles. Or save up for the 194K miles you’ll need for a round-trip first class flight in First Class from the US to Tel Aviv on Lufthansa with access to their amazing first class terminal during your connection with a Porsche transfer to your plane.
- 7.5K Virgin Atlantic miles is enough for a Delta short-haul flight. Fly to London from just 6K points in coach. Use points to fly on El Al, or book bargains on ANA (From 52.5K points in business or 72.5K in first class), ITA (75K business class awards to Italy), and Air New Zealand (62.5K points business class US-New Zealand).
- Flying Blue has award flights to Israel for 30K miles for adults or 22.5K miles for kids or domestic awards on Delta from just 4K miles each way!
- Qatar Avios can book short-haul JetBlue flights for 8.5K Avios, short-haul AA flights for 9.5K Avios, transatlantic JetBlue for 25K Avios, and transatlantic JetBlue Mint business class for 78K Avios.
- With 90K Cathay Pacific Asia Miles you can book a round-trip business class award between North America and Europe. Plus, save big on BA fuel surcharges.
- With Qantas you can fly one-way on El Al between NYC and Tel Aviv for 43.5K points in coach, 85K points in premium economy, or 108K points in business class.
- 7.5K British Airways Avios are enough for short-haul flights worldwide.
- 120K Aeroplan miles is enough for a round-trip business class award between North America and 2 European cities.
- With Singapore miles you can book highly rated premium cabin award bargains or suites on Singapore flights that are blocked with partner miles.
- And endless other possibilities!
Dan’s Quick Thoughts:
This is an excellent limited time offer on a powerful credit card.
The card will earn 2 miles per dollar everywhere, and they can be transferred into airline miles or used to reimburse any paid travel. Combined with no foreign transaction fees, this is an excellent card!
Best of all, you don’t need a 2-card combo to earn a lot of points and transfer them into miles, this card will do it all with a low fee!
Will you signup for the Capital One Venture Rewards Credit Card?

13 hours ago
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