Update 8/26/24: We’ve been informed that this (very good) offer on the Capital One Venture Rewards card will be ending on September 9th.
For the past 18 months, the best offer available on the Capital One Venture Rewards card was one that gave $200 in statement credits when booking Avelo flights in addition to the 75,000 bonus miles. There’s now a better offer, not only in terms of the value of the credits you can earn, but also in terms of their ease of earning.
The Offer & Key Card Details
Click the card names below to go to our card-specific pages for more information and to find a link to apply.
| Card Offer and Details |
|---|
75K Miles + up to $250 in statement credits ⓘ Affiliate Limited-time offer: For a limited time, earn 75,000 Miles once you spend $4,000 on purchases within the first 3 months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year - that's equal to $1,000 in travel. Also, earn unlimited 2 miles per dollar on every purchase, every day.$95 Annual Fee Alternate Offer: Airport Kiosk offer of 80K miles after $4K spend in the first 3 months See this post for details. FM Mini Review: This card earns 2 "miles" per dollar, which are worth exactly 1 cent each toward travel. This makes the return on spend similar to a 2% cash back card (though in this case you must redeem your miles to offset travel in order to get 1 cent per mile). One big advantage over cash back: Capital One allows transfering their "miles" to airline miles & hotel points. Click here for our complete card review Earning rate: 2X miles everywhere ✦ 5X miles on hotels, vacations rentals and rental cars booked via Capital One Travel Card Info: Mastercard issued by CapOne. This card has no foreign currency conversion fees. Noteworthy perks: Receive up to $100 application fee credit for Global Entry or TSA PreCheck® ✦ Redeem miles for travel at value of 1 cent per mile ✦ Convert "miles" to airline miles & hotel points ✦ No foreign transaction fees |
Quick Thoughts
The $200 statement credits on Avelo flights were potentially useful if you happened to live in a city served by them and wanted to visit somewhere they fly to, but I imagine for many people the credits went to waste. This new welcome offer on the other hand is much easier to redeem.
That’s because this new increased offer comes with $250 in credits that can be redeemed for bookings through the Capital One Travel portal. That means you can spend the $250 on flights, hotels and/or rental cars, giving you far more opportunities to redeem the credits.
Note that the $250 is part of the welcome offer and is valid in your first cardholder year. It’s therefore not like the $300 in credits you get every year on the Venture X card.
The post Capital One Venture Rewards Offer: 75k points + $250 C1 Travel credits (ending soon) appeared first on Frequent Miler. Frequent Miler may receive compensation from CHASE. American Express, Capital One, or other partners.