Capital One Venture Rewards Credit Card Review 2024

The card_name is among the top travel rewards credit cards, offering a bounty of benefits and rewards-earning potential. The card has a relatively low annual fee, plus several redemption options for more flexible rewards for everyday travelers.

Keep reading to learn more about the card_name, how to earn and redeem your Capital One miles, and other cards to consider.

TIME’s Take

With a big sign-up bonus and high flat-rate rewards on all purchases, the card_name is a top choice among travelers. The card features multiple redemption options, including transfers to more than a dozen travel partners. Its most flexible option might be redeeming miles to cover recent travel purchases. card_name doesn’t offer the luxury travel benefits of card_name but provides enough value to warrant the annual_fees annual fee.

Pros & cons

Who is the card for?

The card_name is ideal for casual and frequent travelers who want to earn flexible rewards without a luxury price tag. The annual_fees annual fee is low enough to offer an entry point into travel rewards and benefits while providing enough value through its earning potential and perks for more seasoned travelers.

If you’re looking for luxury benefits, like airport lounge membership or elite status, you won’t find it with card_name. Instead, look towards Capital One’s premium travel card, the card_name.

Capital One is one of the only card issuers to publicly share the credit level needed to qualify for its products. To be eligible for card_name requires excellent credit, which generally means a FICO score of 800 and above. Keep in mind that credit card issuers use factors other than credit scores to determine eligibility.

The fine print

Interest rates

• Regular APR: reg_apr,reg_apr_type.
• Purchase Intro APR: intro_apr_rate,intro_apr_duration.
• Balance Transfer Intro APR: balance_transfer_intro_apr,balance_transfer_intro_duration.

Fees

• Annual Fee: annual_fees.
• Balance Transfer Fee: balance_transfer_fees.
• Cash Advance: cash_advance_fee.

Additional perks

card_name is packed with benefits and perks, offering value well beyond its annual_fees yearly cost. Here’s a look at the benefits it includes.

Generous sign-up bonus

Earning a card’s sign-up bonus is one of the quickest ways to boost your rewards balance. The card_name comes with a high-value sign-up bonus offer: New cardholders can bonus_miles_full.

RELATED: Best Sign Up Bonus Credit Cards

Flat-rate rewards

card_name keeps earning rewards simple with flat-rate rewards. As a cardholder, you’ll earn:

• Unlimited 2x miles per dollar on every purchase.
• Unlimited 5x miles on hotels and rental cars booked through Capital One Travel.

There are no categories to track, perfect for anyone starting with travel rewards. Capital One miles never expire, but you will lose unredeemed miles if your account is closed.

Flexible redemptions

One of the best features of the card_name is the ability to redeem miles in multiple ways, making it one of the most versatile loyalty rewards programs. Cardholders have several options for redeeming miles, including:

• Book flights, hotels, and rental cars through Capital One Travel.
• Cover recent travel purchases.
• Transfer miles to partner loyalty programs.
• Share miles with family or friends.
• Gift cards.
• Statement credits.
• Cash via paper check.
• Use points to pay for Amazon.com purchases.
• Use points on eligible purchases online with PayPal.
• Tickets and events through Capital One Entertainment.

One of the best ways to maximize your miles is by transferring them to one of Capital One’s 18 airline and hotel loyalty program partners. Here’s a list of current Capital One transfer partners. All partner transfers are at a 1:1 ratio unless otherwise marked. Transfer partners include:

• Aeromexico Club Premier.
• Air Canada – Aeroplan®.
• ALL – Accor Live Limitless (2:1 transfer ratio).
• Avianca LifeMiles.
• British Airways Executive Club.
• Cathay Pacific – Asia Miles.
• Choice Privileges.
• Emirates Skywards.
• Etihad Guest.
• EVA Air – Infinity MileageLands (2:1.5 transfer ratio).
• Finnair Plus.
• Flying Blue.
• Qantas Frequent Flyer.
• Singapore Airlines KrisFlyer.
• TAP Miles&Go.
• Turkish Airlines Miles&Smiles.
• Virgin Red.
• Wyndham Rewards.

Transfer redemptions start at 1,000 Capital One miles.

Capital One Entertainment

The card_name comes with access to Capital One Entertainment. The program gives cardholders early access to ticket presales and exclusive events, including concerts, theater and comedy shows, sporting events, and culinary experiences.

Capital One Dining

You’ll also receive access to Capital One Dining, which includes the chance to book hard-to-get restaurant reservations at award-winning restaurants and exclusive culinary events.

Global Entry or TSA Precheck credit

Venture Rewards cardholders receive up to a $100 credit to cover Global Entry application fees or up to $85 for TSA Precheck application fees every four years.

Hertz status

Cardholders who enroll in the Hertz Gold Plus Rewards using the promotional link in the benefits section of their Capital One account receive Hertz Five Star status. Five Star status comes with benefits like vehicle upgrades when available, elevated rewards rates, and a wider selection of rental vehicles.

Capital One Lounge passes

card_name comes with two complimentary visits to Capital One Lounges or Plaza Premium Lounges. Currently, the only Capital One Lounges are at Dallas Fort Worth (DFW) and Washington Dulles (IAD), with a Denver location slated to open later this year.

No foreign transaction fees

Capital One doesn’t charge foreign transaction fees on purchases made outside of the U.S. with your card_name. No extra fees make the card a good choicel for international travelers.

Travel protections

The card_name includes a few travel protections for cardholders, including auto rental collision damage waiver, travel accident insurance, and 24-hour travel assistance services.

Consumer protections

In addition to travel protections, card_name comes with several consumer protections. Benefits include extended warranty protection, security alerts, a card lock feature in Capital One’s mobile app, credit monitoring, and alerts through CreditWise and virtual card numbers.

What could be improved?

card_name primarily offers general travel benefits outside of Hertz Five-Star status and two lounge passes per year. It doesn’t provide hotel, airline, or airport perks like elite status, priority boarding, or lounge membership.

The card_name has no 0% intro APR offers for purchases or balance transfers. Introductory APR offers aren’t necessarily a common feature of travel rewards credit cards but are available with other types of rewards cards.

Card alternatives

Bottom line

The card_name offers an appealing blend of rewards-earning potential, valuable benefits, and flexible redemptions. It’s an excellent card if you’re entering the world of travel rewards, even with a annual_fees annual fee. The card offers more than enough value to outweigh the yearly expense.

Frequently asked questions (FAQs)

How do the ‘miles’ work on the card_name?

Cardholders earn unlimited 2x miles on all card purchases and unlimited 5x miles on hotels and rental cars booked through Capital One Travel. You can use miles to book travel through Capital One or cover recent travel purchases. Other redemptions include transfers to travel partner loyalty programs, cash via a mailed check, or statement credit, gift cards or Capital One Entertainment events and experiences.

Is the card_name a Visa or a Mastercard?

The Capital One Venture Rewards Credit Card is a Visa Signature card.

RELATED: Visa vs. Mastercard: What’s The Difference?

Is the card_name hard to get?

You need excellent credit to qualify for the card_name and meet the issuer’s other criteria. An excellent credit score is generally accepted as a FICO score of 800 or higher.

Is the card_name good for beginners?

card_name is a great entry-level choice for those new to travel rewards credit cards. The card offers several valuable benefits, simple flat-rate rewards, and flexible redemptions.