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Capital One Venture Rewards Credit Card Benefits Guide

  • The Capital One Venture Rewards Credit Card is a low-annual-fee travel card with generous perks and a simple reward rate.
  • Venture cardholders can benefit from a TSA PreCheck® or Global Entry fee credit, no foreign transaction fees, and a valuable welcome offer.
  • Miles are easy to earn, with a straightforward reward structure— 5X miles on hotels and rental cars through Capital One Travel and 2X miles on all other purchases.

Benefits of the Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card is a popular choice for those seeking a balance between travel rewards and earning miles on everyday spending. While it’s not a powerhouse for earning miles on flights, the Venture Rewards is a steady mid-tier credit card offering 2X miles on every purchase, ensuring that you can accumulate rewards steadily. 

You’re also paying just $95 for an annual fee to earn a welcome bonus that rivals even the most elite cards on offer. The big question is whether or not this Capital One credit card offers enough of the perks you want based on your spending and travel habits. 

Here’s your deep dive into some of the Capital One Venture card benefits.

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Best for simple travel rewards

Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
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Up to 5X Reward Rate

Earn 5X miles per dollar on hotel stays or rental cars booked through Capital One’s portal and 2X miles on all other purchases.

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Annual Fee
$95
Welcome Offer
75,000 miles + $250 bonus
Regular APR
19.99% to 29.99% variable
Recommended Credit
Good/Excellent (670 - 850)
Why we like it
With its straightforward reward structure, low annual fee and valuable welcome bonus, the Capital One Venture Rewards Credit Card is a solid option for individuals looking for simplicity.
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Card Details

Pros
  • Travel insurance protections incuded
  • Earn flexible rewards for travel
  • Reasonable $95 annual fee
Cons
  • Requires good or excellent credit
  • No everyday spending bonus categories
  • High APR

Earning Capital One Venture card rewards

1. Welcome bonus

The Venture Rewards card welcome bonus comes in hot with a chance to earn 75,000 miles if you can spend $4,000 in qualifying purchases within the first three months after account opening. Currently, new Venture cardholders can also receive a $250 bonus to use on Capital One Travel in their first cardholder year.

Since miles are worth 1 cent apiece toward travel, this offer comes in at a standard value of $1,000.

▶︎  See our picks: Best credit card welcome offers

2. Earning rewards

Capital One Venture Rewards impresses with the consistency offered through its unlimited 2X miles on your everyday purchases. Alongside this, it also offers unlimited 5X miles on hotels and cars booked through Capital One Travel.

▶︎  Learn more: Guide to Capital One Rewards

3. Redeeming rewards

Capital One offers many different ways to redeem Venture rewards:

Capital One Venture travel benefits

4. Global Entry or TSA PreCheck®

Like many cards catering to travel spenders out there, Venture Rewards gives cardholders a credit of up to $100 for Global Entry or TSA PreCheck® applications every four years.

▶︎  See our picks: Best cards for Global Entry and TSA PreCheck

5. Book with Capital One Travel

Venture Rewards proves that it’s one of the best cards for earning travel rewards by offering 5X miles on hotels and rental car bookings through Capital One Travel.

6. 24-hour travel assistance

As a card that caters to travelers, Venture Rewards knows that every traveler’s worst nightmare is having a card lost or stolen while depending on it to pay for things while on vacation. If your Venture Rewards card goes missing while you’re away, you can access 24-hour travel assistance to get an emergency replacement card and cash advance.

7. Accident insurance

Capital One works with credit card networks to offer really smart travel insurance benefits for Venture Rewards cardholders. Notably, accident insurance kicks in for any covered losses as soon as you book travel fares with your Venture card.

8. Auto rental collision damage waiver

Venture Rewards cardholders breathe a little easier while driving on vacation because they have an auto rental collision damage waiver. You could be covered for damage resulting from theft or collision as long as you use your Venture Rewards card to rent an eligible vehicle.

9. No foreign transaction fees

Capital One follows most premium travel cards by waiving foreign transaction fees when you make purchases outside the country. This perk really means something when you’re traveling abroad as Capital One has extensive partnerships with Visa and Mastercard to ensure that cards are widely accepted worldwide.

▶︎  See our picks: Best no foreign transaction fee credit cards

10. No blackout dates

Venture Rewards eliminates one of the most frustrating aspects of reward travel by doing away with redemption blackout dates. What’s better, miles won’t expire for the life of your account.

11. Elevated hotel stays

If you’re not already in the know, the Lifestyle Collection is a curated selection of hotels that have been picked by Capital One’s in-house travel experts. Venture Rewards cardholders get a true taste of the collection with a $50 experience credit that can be used for special amenities, rooftop drinks, room service and more during stays booked with this hotel credit card.

12. Lounge access

As one of the most hit-or-miss categories among premium credit cards, lounge access is probably on your mind as you look into Capital One Venture benefits. There’s actually something of a breaking development with this one. 

Effective Jan. 1, 2025, Venture Rewards cardholders will no longer receive coveted access to Capital One’s airport lounges. This undoes the current arrangement of two complimentary airport lounge visits per year at Capital One lounges or Plaza Premium lounges.

▶︎  See our picks: Best credit cards for airport lounge access

Capital One Venture shopping benefits

13. Capital One Shopping

One of the neater Venture card benefits is that you can download a free browser extension that automatically applies the best pricing, discounts and coupons at checkout. As a cardholder, exclusive deals from over 30,000 stores and brands are at your fingertips. You can also apply reward miles toward your purchase.

▶︎  See our picks: Best credit cards for online shopping

14. Capital One Offers

Capital One cardholders can earn statement credits when they shop online through the Capital One Offers portal. Shop for deals from thousands of your favorite online retailers every day. New deals and offers are available daily from a long roster of popular brands that includes Home Depot, Macy’s, Adidas, Walmart, Dell, StubHub, Ulta and more.

15. Extended warranty

Capital One offers extended warranties on eligible manufacturer-covered items purchased with your card. 

Capital One Venture Rewards dining and entertainment benefits

16. Capital One Dining

The Capital One Dining program opens up incredible culinary experiences at highly rated restaurants in major cities around the country just for Venture cardholders. In addition to snagging hard-to-get reservations with the press of a button, your card also unlocks special events with world-famous chefs.

▶︎  See our picks: Best credit cards for restaurants and dining

17. Capital One Cafe

Capital One recently opened a number of Capital One Cafés around the country. These spots feature drinks, snacks, outlets, Wi-Fi and cozy work nooks. If you need to relax or recharge, you’ll enjoy 50% off handcrafted beverages as a cardholder. 

You can even pick a Café Ambassador’s brain while you are there if you have any questions about how to use your perks or need to handle an issue with your account.

18. Exclusive events

Capital One Entertainment is the branch of the rewards program that hooks cardholders up with exclusive access to experiences in music, sports, pop culture, dining and more. As a cardholder, you’ll earn 5 miles per dollar whenever you make a Capital One Entertainment purchase. You can also redeem Capital One rewards to book events.

Other Venture Rewards card perks

19. CreditWise credit monitoring

CreditWise lets you monitor your credit health for free if you’re a Capital One cardholder, with no separate enrollment required. By accessing your VantageScore® report, CreditWise helps you make sense of your credit. You’ll also be notified if any new inquiries or delinquencies are detected.

20. Eno assistant

Eno is the official Capital One assistant! As a cardholder, you can rely on Eno to help protect your credit card account by monitoring for unusual charges, tracking and overseeing spending and assigning virtual card numbers to keep your card secure when you shop online.

How to maximize Capital One Venture Rewards card benefits

With so many Capital One Venture One card rewards for different facets of life, keep these tips in mind to maximize your benefits: 

  1. Use your card for everyday purchases: With 2X the miles on every purchase without restrictions, Venture One offers big earning potential when you make this your dedicated card for everyday purchases and bills.
  2. Aim for the welcome bonus: With three months to spend $4,000, most people using the Venture Rewards card can reach the threshold pretty easily. It comes out to just $1,300 per month to get an average of $750 back.
  3. Always book stays with Capital One Travel: With 5X miles per dollar on hotels and rental cars, it’s smart to prioritize Capital One Travel over third-party rates or package deals because of how hard every dollar spent works for your account.
  4. Use the additional benefits: Make sure to utilize the Global Entry or TSA PreCheck fee credit, hotel benefits and additional perks you have available as a cardholder.

▶︎  Read more: Capital One Venture Rewards review

FAQs: Capital One Venture Rewards card benefits

What benefits come with a Capital One Venture card?

Highlights of the Capital One Venture card include travel insurance, Global Entry and PreCheck® credits, extended product warranties, exclusive Capital One Experiences and discounts from thousands of brands and retailers.

What is the best use of Capital One rewards?

You’re most likely to recoup the biggest value for your reward miles if you use them to book travel through Capital One Travel because travel is generally valued at a 1:1 ratio through the rewards program.

How much are 100,000 Capital One Venture miles worth?

Capital One Venture Rewards miles vary in value based on how you redeem them. Overall, 10,000 Capital One miles are worth about between $600 and $1,800 in real-world terms. The highest return will happen if you book travel via Capital One Travel or transfer to travel partners. If you opt for cash back or gift cards, the value could be as low as $500.

Does the Capital One Venture Rewards Card have airport lounge access?

While some other cards still include Capital One and Plaza Premium airport lounge access among their Capital One credit card rewards, this perk has been eliminated from the Venture Rewards card effective Jan. 1, 2025. If you want lounge access, you can still snag a cardholder rate of $45 per visit.

About the Author

Carrie O'Connell
Carrie O'Connell Personal Finance

Carrie O’Connell is a prolific writer specializing in consumer finance and credit cards. Her extensive portfolio includes content for prominent clients such as First American Bank, American Savings Bank Hawaii, Smartfinancial.com, Trustedcompanyreviews.com, United Debt Settlement, Ways to Wealth, and Investorade. 

Carrie’s writing covers a wide range of topics, from credit card reviews and approval strategies to maximizing credit card benefits and navigating credit card use during economic downturns. Her expertise helps readers make informed decisions about their personal finance and credit card choices.

* Opinions expressed here are those of the LA Times Compare Cards Team and have not been reviewed or approved by any advertiser or entities included within this content. See our editorial policy for more details.

All products or services are presented in this content without warranty. The information, including card details such as rates and fees, is accurate at the time of publish. Please visit each bank's website directly for the most current information.

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