New Venture cardholders can receive a 60,000-mile bonus after spending $3,000 in the first three months of card membership. Add in an impressive ongoing rewards rate, and the card is a solid option for travelers.
The Capital One Venture Rewards Credit Card is a fan-favorite starter travel credit card, and it’s easy to see why. With a flat, 2-miles-per-dollar rate on all purchases, racking up plenty of rewards is straightforward. And you’ll have a ton of flexibility when it comes time to redeem your miles too, as you can use rewards to cover any eligible travel purchase on any site from the past 90 days without losing any value.
The sign-up bonus on the Venture card is nothing to frown at either. Right now, the card is offering new cardholders 60,000 miles after they spend $3,000 in their first three months of account opening. This isn’t the most eye-catching offer the Venture card has ever had – it used to offer up to 100,000 miles – but it is the highest you can achieve with such a low spend threshold. If you’re a moderate spender, this might be one of the best bonuses the card can have for you.
Venture card changes
|Previous offer||Updated offer|
|Sign-up bonus||50,000 miles after $3,000 spend in the first 3 months or 100,000 total miles after $20,000 spend in the first 12 months||60,000 miles after $3,000 spend in the first 3 months|
Miles for every purchaseAlong with a generous sign-up bonus, the Venture card lets cardholders earn 2 miles per dollar on all purchases. We value Capital One miles at 1 cent per mile when redeemed for travel – making the sign-up bonus worth approximately $600.
Another big perk: There is no limit on the number of miles you can earn, and your rewards won’t expire for the life of your account.
Venture vs. VentureOne
Because they have such similar card names, you may be wondering what differentiates the Venture card from the VentureOne card. Take a look at our chart below to see how the cards compare side-by-side.
|Card||Capital One Venture Rewards Credit Card||Capital One VentureOne Rewards Credit Card|
|Rewards rate||2 miles per dollar on every purchase||1.25 miles per dollar on every purchase|
|Sign-up bonus||60,000 miles after $3,000 spend in the first 3 months||20,000 miles after $500 spend in first 3 months|
|Introductory APR offer||None||0% on purchases for 12 months, then a 14.99% to 24.99% variable APR|
|Estimated yearly value over 3 years ($15,900 spend)||$447||$293|
As you can see, while the Venture and VentureOne cards provide almost identical card benefits, the Venture card offers a considerably higher sign-up bonus and rewards rate than that of the VentureOne card.
Indeed, even with its annual fee factored in, you’ll likely earn more per year in ongoing rewards with the Venture card, thanks to its 2-mile-per-dollar rewards rate on all purchases.
Let’s crunch the numbers: Based on the average person’s spending habits, you stand to earn around $223 in rewards in your second year as a Venture cardholder (2 miles per dollar earned on a $15,900 per year spend, minus the annual fee). With the VentureOne, you’d only earn about $198 on the same spend.
On the other hand, the Venture card does not offer an introductory APR on purchases. Because of this, the VentureOne card may be a better option if you plan to carry a card balance on purchases during the first 12 months.
See related: Capital One transfer partners