The Capital One Venture Rewards Credit Card offer mentioned below is no longer available.
If travel is on your radar, you won't want to miss out on this welcome bonus. From now until Sept. 9, 2024, the Capital One Venture Rewards Credit Card is offering a special sign-up bonus of $250 to use on Capital One Travel in your first year, plus 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening, totaling up to $1,000 worth of travel rewards.
Capital One Venture Rewards Credit Card new welcome bonus
The Capital One Venture Rewards Credit Card already offers a generous welcome bonus of 75,000 miles after spending $4,000 on purchases within the first three months from account opening. This gives you $750 worth of rewards when redeemed as a statement credit. And if you transfer these miles to one of Capital One's travel partners, you can get even more value from this bonus.
But now, new cardholders can also get a $250 travel credit (valid for one year) that can be used to book flights, hotels and vacation rentals, and rental cars on Capital One Travel. With these two bonuses combined, you could get up to $1,000 to spend on travel.
How to make the most out of this bonus
The $250 travel credit remains valid for one year after you get approved for the card, and you can only redeem it for travel purchases on the Capital One Travel portal. If you earn the 75,000-mile bonus, you can get creative by combining the two to make an expensive vacation much more affordable.
For example, if you transfer those miles to Turkish Airlines' Miles&Smiles program you can fly from anywhere in the U.S. to Los Angeles on United for 20,000 miles round-trip in economy. And once you land in the City of Angels, your $250 travel credit can cover one night at the Downtown L.A. Proper Hotel or help pay for renting a car for the weekend (in case you want the authentic Angeleno experience of being stuck in traffic).
If you want to get out of the country, you can transfer your Capital One miles to airline partner Avianca LifeMiles for flights to Europe starting at 20,000 miles one-way in economy class or 63,000 miles in business class. Air France and KLM's joint loyalty program, Flying Blue, is also a 1:1 Capital One transfer partner. You can book round-trip flights to Europe and take advantage of discounted prices through theirPromo Rewards offers.
No matter where you want to go, the Capital One Venture Rewards card makes a good companion. It earns 2X miles on all spending (excluding the 5X miles you earn through Capital One Travel purchases), doesn't have foreign transaction fees and gives you up to $100 statement credit for either Global Entry or TSA PreCheck®.
Compare offers to find the right savings account
Don't have good credit? Check these cards out
One possible drawback of the Capital One Venture Rewards card is that you need good-to-excellent credit to qualify. If that's not you but you're still looking for a card to help build your credit, consider the Discover it® Secured Credit Card or the Choice Rewards World Mastercard®. While they don't have as many travel perks, these cards will help you get your finances in order so you can one day add a more premium card to your wallet (if that's what you want).
Discover it® Secured Credit Card
On Discover's secure site
Rewards
Earn 2% cash back at Gas Stations and Restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus earn unlimited 1% cash back on all other purchases.
Welcome bonus
Discover will match all the cash back you've earned at the end of your first year
Annual fee
$0
Intro APR
N/A on purchases
Regular APR
28.24% Variable
Balance transfer fee
3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
Foreign transaction fee
None
Credit needed
New / Rebuilding
*See rates and fees,terms apply.
Read our Discover it® Secured Credit Card review.
Choice Rewards World Mastercard®
On First Tech Federal Credit Union's secure site
Rewards
Earn 2X points on groceries, gas, electronics, medical, household goods and telecommunications, 1X points on all other purchases
Welcome bonus
Earn 20,000 points when you spend $3,000 in the first 60 days from account opening
Annual fee
$0
Intro APR
None
Regular APR
13.50% - 18.00% variable
Balance transfer fee
None
Foreign transaction fee
None
Credit needed
N/A
Terms apply.
Subscribe to the CNBC Select Newsletter!
Money matters —so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox.Sign up here.
Why trust CNBC Select?
At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every personal finance article is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of financial products.While CNBC Select earns a commission from affiliate partners on many offers and links, we create all our content without input from our commercial team or any outside third parties, and we pride ourselves on our journalistic standards and ethics.
Catch up on CNBC Select's in-depth coverage ofcredit cards,bankingandmoney, and follow us onTikTok,Facebook,InstagramandTwitterto stay up to date.
Read more
Frequent travelers: Enjoy these luxury travel card benefits with a low annual fee
Here are the best Capital One credit cards for cash back, travel and 0% APRs
Here are the best travel credit cards that can save you hundreds on your next vacation
For rates and fees of the Discover it® Secured Credit Card, click here.
Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
