Capital One Venture Rewards Credit Card 50,000 Miles Bonus ($700 Value)

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Capital One Venture Rewards Card
One of the most popular travel rewards card, the Capital One® Venture® Rewards Credit Card, provides you a straightforward rewards system for traveling purposes. With this card, you can earn 50,000 bonus miles when you spend $3,000 on purchases within 3 months of approval.

The 50,000 bonus miles is equal to $500 in travelbut you can get more value with your miles and get up to $700 in travel. You can learn more about it below!

Plus, every $1 spent with this card earns 2 miles, and miles can be redeemed at a set rate for a range of travel purchases. On top of that, Capital One has revamped the Venture Rewards card to a nice and sleek metal material if you apply today!

*  The Venture Rewards Credit Card is issued by Capital One. They also offer great sign-up bonuses for their Checking/Savings accounts. You can also compare this card with other credit card bonuses!

Note: If you spend quite a bit on travel, why not be rewarded for it? I recommend checking out the Wells Fargo Propel card, the Chase Sapphire Preferred card, or the Capital One Venture Rewards card to earn one of the best cash/points back rates on your travel purchases! See more credit card bonus offers here.

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Capital One Venture Rewards Card Summary

Bonus Available Get 50,000 bonus miles once you spend $3,000 on purchases within 3 months from account opening.
*Bonus Value $700
Travel Credit Up to $100 credit for Global Entry or TSA Pre-Check
Ongoing Rewards/Benefits Unlimited 2 miles per dollar on every purchase. 10 miles per dollar on hotels at hotels.com/venture through January 2020.
Foreign Transaction Fees No
Airport Lounge Access Not Applicable
Annual  Fee Waived first year; $95 annually

* Bonus value is an estimated value calculated by HustlerMoneyBlog and not the card issuer.
View the latest valuations here.

Recommended Free Credit Score (Get Free Score)

720-850 (Excellent)

PROS

  • Bonus miles
  • No foreign transaction fees
  • Option to redeem with partner airlines

CONS

  • Annual fee after the first year
  • Excellent credit needed to qualify

Editor’s Alternate Pick

Chase Sapphire Preferred Card
With the Chase Sapphire Preferred® Card:
• Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
• 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
• Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel


Capital One Venture Rewards Credit Card 50,000 Bonus Miles

Receive 50,000 bonus miles after spending $3,000 on purchases within the first three months from account opening.

The 50,000 bonus miles are worth $500 towards travel, or up to around $700, when you strategize to transfer your miles to Capital One’s airline partners.

If you don’t know how to meet that $3,000 spending requirement, here are some ideas on meeting the spending requirements:

Meeting Credit Card Bonus Spending Requirements
Plastiq – Using Plastiq allows you to pay for your personal expenses such as rent, tuition, mortgage, auto lease etc. Although they charge a 2.5% processing fee for using your credit card, this will contribute to the card bonus that you will receive. There is also a referral program that allows you to earn “Free-Free Dollars” that goes towards processing fees as well.
Funding Checking Accounts – When it comes to funding a checking account, opening your initial deposit with a credit card is the usual way to go about it. However, if you want to have more opportunities, you should open a checking account that offers a sign-up bonus. This allows you to work towards bonuses from not one but two different sources instead. Banks like Chase, Huntington Bank, TD Bank and BBVA offers credit card funding, and for your opening deposit, you can often fund anywhere from $50-$1000 with a credit card, depending on the bank.
Gift Card Purchases With Using a Credit Card – Another way to acquire the bonus is using your credit card to purchase gift cards. Buying a a gift card or an individual merchant card typically do not require a purchase fee and are used towards leisure, so gift cards are ideal. However, gift cards such as a Visa or American Express do incur purchase fees because they can be spent anywhere, but gift cards that are specifically for a certain online shopping site such as Amazon or eBay don’t.
As for a Citi Credit Card, you should call customer service and ask them to lower your Cash Advance limit to $0 before making any purchases because Citi tends to read gift card purchases as a Cash Advance.

Ideally, you should do this with any card just to be safe. Lastly, there is such thing as a discounted gift card which can be purchased on Raise or eBay. If you use a credit card often for everyday purchases, it can build your credit score that will contribute towards paying for things such as bills and taxes.

Alternative Ways to Meet Spending Requirements


How Much Is One Mile Worth?

Each mile is worth one cent, whether you redeem for past travel or for future travel bookings through Capital One.

You can redeem for past travel purchases that have been made within the last 90 days, or you can use your miles towards booking a new travel.

Moreover, yo can use your miles to book your flight, car rental, or hotel. If you use your miles for past ravel purchases, these categories of travel are eligible:

Airlines Hotels Rail Lines Car Rentals Agencies Limousine Services
Bus Lines Cruise Lines Taxi Cabs Travel Agents Time Shares

When needed, you can also transfer your miles to Capital One’s airlines partners. You can, possibly, get more value with your miles, if you’re willing to put the time with different partenr mileage programs and flight bookings. With this process, you can get up to around 1.4¢ per mile.

The ongoing rewards rate is two miles for every dollar that you spend on all purchases, equaling to two percent as 100 miles is equal to $1 in travel rewards, possibly more with the transfer partners as stated above. This is a great earnings rate for a card that’s non airline or hotel.


Capital One Venture Rewards Credit Card Benefits

  • No foreign transaction fees when making purchases outside of the U.S.
  • Fraud coverage if your card is ever lost or stolen.
  • Security Alerts are personalized emails or text messages to monitor the security of your account. Just sign up for them.
  • Complementary travel upgrades and special savings at hotels, resorts, and spas.
  • 24/7 complimentary Visa Signature concierge service from home and when you travel.
  • Special access to events and preferred seating at popular sporting events, premier golf outings, and concerts.
  • Shopping discounts at top retailers and online merchants with your Visa Signature card.
  • Extended warranty protection at no charge on items purchased with your credit card.
  • 24-hour travel assistance services if your credit card is ever lost or stolen. You’ll receive an emergency card replacement and a cash advance.

Capital One Venture Rewards Credit Card Top Features


Partner AirlinesNo Foreign Transaction Fees$100 Global Entry/TSA Pre-Check Credit10X Miles at Hotels.com

Receive up to 1.4 cents per mile value when you use Capital One’s airline partners. This method takes time since transferring miles to all partners doesn’t necessarily mean you’ll receive more value with your Venture card miles.

The cost in miles for flight bookings varies depending on the destination, time of travel, airlines mileage program, etc. But if you are willing to put in the time to search through different booking scenarios with different airlines, you could get  much more value with your Venture Miles.

Aeromexico Club Premier Air France KLM Flying Blue Air Canada Aeroplan
Alitalia MilleMiglia Program Asia Miles (Cathay Pacific) Avianca LifeMiles
Emirates Skywards Etihad Airways Etihad Guest EVA Air Infinity MileageLands
Finnair Plus Hainan Airlines Fortune Wings Club JetBlue TrueBlue
Qantas Frequent Flyer Qatar Airways Privilege Club Singapore Airlines KrisFlyer

Keep earning your rewards in full! Use this card when traveling abroad without paying a fee.

Use your Venture card to pay for the Global Entry or TSA Pre-Check application fee, yo’ll receive a credit of up to $100. Global Entry costs $100, while TSA Pre Check costs $85.

Between now and January 2020, this card will earn 10 miles per dollar on hotel.com stays when you pay with your Venture card. You’ll need to book and pay through hotels.com/venture

Keep in mine that it can take up to two billing cycles for the full 10X miles to appear in your rewards balance.


Bottom Line

Again, this is one of the most popular travel cards that has rolled out in a long time. Earn 50,000 bonus miles on your Capital One® Venture® Rewards Card after you spend $3,000 on purchases in the first 3 months from account opening.

This card is beneficial for people who like to travel and keep rewards simple and flexible! The rewards are good and there are no foreign transaction fees to worry about. You’ll want this card in your wallet to take advantage of the miles you’ll easily earn on everything, every day! See our full list of credit card bonuses for all your credit card needs!

Learn more about this card and its features here.

Hustlermoneyblog has partnered with CardRatings for our coverage of credit card products. Hustlermoneyblog and CardRatings may receive a commission from card issuers.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.


Who’s the Competition?

*Below are some of the top competitors to the Capital One® Venture® Rewards Card  to consider.

If you’re looking for a great bonus offer and a much better ongoing rewards rate overall, you should consider the following cards: Chase Sapphire Preferred Card  and the HSBC Cash Rewards Mastercard® credit card 

Chase Sapphire Preferred Card
With the Chase Sapphire Preferred® Card:
• Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®
• 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
• Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel


With the HSBC Cash Rewards Mastercard® credit card:
• Earn unlimited 1.5% cash rewards on all purchases.
• Earn an Introductory 3% Cash Back on all purchases in the first 12 months from Account opening, up to the first $10,000 in purchases
• 10% Anniversary Bonus on all Cash Rewards earned once a year.
• No Annual Fee.
• 0% Intro APR for 12 months on purchases and balance transfers, then a 15.24%, 19.24% or 25.24% variable APR.
• No Foreign Transaction Fees.
• $0 liability for unauthorized purchases.
• Terms Apply.
• See Rates & Fees

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