Capital One Venture Card vs. Citi Double Cash Card [Detailed Comparison]

Couple grocery shopping at supermarket

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No matter how many rewards-earning credit cards you have in your wallet, having a go-to card that earns double rewards on every purchase you make can deliver tremendous value.

Knowing you’re earning 2x rewards or cash-back every time you use your card also simplifies the process. No need to keep track of bonus categories or complicated rewards-earning structures, just pay and reap the resulting rewards.

Today we’ve chosen 2 popular fixed-rate reward cards that fall perfectly into the category of simplified earning. The Capital One Venture Rewards Card and the Citi® Double Cash Card are examples of everyday spending cards with unlimited earnings that you’ll want to have in your wallet.

We’ll look at how the cards earn rewards, your redemption options, and talk about any benefits that come complimentary on the cards.

If you’re looking for an everyday spending card, you’ll want to read on.

Minimum Qualifications

Capital One recommends an excellent credit score to qualify for the CapOne Venture card. While an excellent credit score is generally one that is 740 or more, Capital One clarifies the requirements further by stating that an applicant must “never have declared bankruptcy or defaulted on a loan, not been 60 days late on a credit card, loan, or medical bill, and has had a loan or credit card for $5,000 or more in the past 3 years.” Meeting these criteria could enable you to be approved with a 700 or more credit score.

A minimum of a good credit score is recommended for the Double Cash card. One of the leading credit bureaus, Experian, defines a good credit score as one that is 700 or above.

Credit card issuers may look at other factors including debt to income ratios and the number of cards you have opened, so these numbers are only guidelines. The good news is that there is a way you can find out in advance if you have card offers waiting.

The CardMatch tool is a risk-free option to find existing card offers without having to complete an application and have your credit history accessed with a hard credit pull. Preapproved or prequalified offers will be displayed after submitting minimal information. These offers do not guarantee approval but help you zero in on the cards for which you’re most likely to be approved.

Learn more about how to find preapproved or prequalified offers in our article on the topic.

The Value of a Welcome Bonus

CapOne Venture Card

Double Cash Card

Most rewards cards offer a welcome bonus you can earn, normally in the first months of card ownership. You must meet minimum spending requirements during this stated period of time but then reap the rewards of jumpstarting your rewards stash.

The CapOne Venture card offers a generous welcome bonus for meeting spending requirements within the first 3 months after card approval. Though we value Capital One miles around 1.4 cents each, they can be worth much more when transferred to travel partners.

The Double Cash card does not offer a welcome bonus.

Earning Rewards

Young woman uses her credit card to pay for gasoline at the pump
Rewards add up quickly when you use your card for everyday spending. Image Credit: Lisa F. Young via Shutterstock

We mentioned earlier that you’ll be earning double rewards on every purchase you make with our featured cards. If you prefer a card with a simple earning structure, either of these cards could fit that requirement.

And, while earning levels may seem similar, how you redeem your rewards will ultimately determine which option delivers better value for you. We’ll talk more about redemption options shortly that might help you decide whether earning miles or cash-back is the better option for you.

Here’s how you can expect to earn unlimited rewards on either of our 2 featured cards.

CapOne Venture CardDouble Cash Card
2 miles per dollar spent on every purchase2% cash-back on every purchase: 1% when you make a purchase, plus 1% when you pay

Bottom Line: You’ll enjoy simplified earnings of either 2x Capital One miles per dollar spent or 2% cash-back on the Double Cash card. Both cards offer unlimited rewards earning with no cap. The better card for you, however, will depend on whether you prefer miles to cash and how you choose to redeem your rewards. 

Redeeming Rewards

JetBlue Mint Suite
JetBlue is a participating transfer partner with both of our featured cards. JetBlue Mint Suite. Image Credit: JetBlue

We’ve learned how you’ll earn rewards on the CapOne Venture card and the Double Cash card but the real excitement starts when you redeem your rewards.

Let’s look at the options you’ll have at redemption time.

CapOne Venture CardDouble Cash Card
  • Transfer Capital One miles to airline and hotel partners to redeem for award flights and hotel nights
  • Redeem miles for travel via Capital One Travel (1 cent each in value)
  • Redeem for a statement credit with Purchase Eraser to wipe out prior travel purchases (1 cent each in value)
  • Use miles to purchase gift cards, a statement credit against regular purchases, shop at Amazon, or redeem via PayPal (value will vary)

Bottom Line: Both of our featured cards earn rewards that can be redeemed for travel or statement credits. However, the CapOne Venture card has the edge when it comes to transferring rewards to travel partners directly. The Double Cash card requires you to have a Citi premium card in order to gain access to the full list of Citi transfer partners. The card, however, does earn rewards in the form of extremely flexible cash-back. 

Travel Benefits and Protections

While the Double Cash card doesn’t offer travel benefits or protections, the CapOne Venture card offers several useful benefits and coverages.

Here’s a summary of what you can expect on the CapOne Venture card:

  • Global Entry or TSA PreCheck Fee Reimbursement — Pay the fee with your card and receive up to $100 in reimbursement for either fee.
  • Luxury Hotel Collection Benefits — Book your room directly through the Visa Luxury Hotel Collection and receive a complimentary room upgrade, when available, daily breakfast for 2, $25 in food and beverage credits, late checkout, free Wi-Fi, and a best rate guarantee.
  • Car Rental Insurance — Pay for the entire rental with your card, decline the rental agency’s CDW/LDW coverage and receive secondary coverage for theft or damage. Secondary coverage means that you must first file a claim with other applicable insurance.
  • Lost Baggage — Pay for your trip with your card and receive up to $3,000 for lost baggage, per trip ($2,000 NY residents).
  • Roadside Assistance — You’ll be charged just 1 low fee for each service call that includes limited towing, tire-changing, emergency fuel, lockout service, and jump-starting.
  • Travel Accident Insurance — When you pay for your trip with your card, you could receive up to $250,000 for accidental death or dismemberment. Terms apply.
  • Travel and Emergency Assistance — Regardless of when you need assistance while traveling, you’ll have 1 number to call 24/7. Receive legal or medical referrals, help to get emergency cash, translation referral services, and more. Cardholders are responsible for actual services received.
  • No Foreign Transaction Fees — Foreign transaction fees can be as much as 3%. Fortunately, the CapOne Venture card does not charge these fees.

Bottom Line: When we look at travel benefits and protections, the CapOne Venture card comes out far ahead of the Double Cash card which offers none of these benefits. 

Shopping Benefits and Protections

Some card issuers have removed key shopping benefits and protections, but you’ll still find select coverages for eligible items purchased with your CapOne Venture card.

Here’s how our featured cards compare:

Benefit or ProtectionCapOne Venture CardDouble Cash Card
Purchase ProtectionFor eligible items purchased with your card, you could receive up to $500 per item for damage or theft for up to 90 days from the purchase dateN/A
Extended WarrantyFor manufacturer’s warranties of 3 years or less, the warranty will be doubled up to an additional yearN/A
Foreign Transaction FeesNone3% of the total transaction
Shopping Benefits/DiscountsCapital One Shopping toolN/A
Entertainment BenefitsAccess to events, streaming, and ticket presales

Bottom Line: While the Double Cash card offers little in the form of shopping benefits and no product protection coverages, the CapOne Venture card charges no foreign transaction fees and offers extended warranty and purchase protection on eligible items purchased with the card. 

Additional Benefits

If you have high-interest credit card balances, the Double Cash card could save you money with its introductory 0% APR on balance transfers for an 18-month period after card approval.

Balances must be transferred within the first 4 months after account opening and a fee of $5 or 3% of the amount transferred will apply. There are no interest charges for the 18-month period; after that, regular APR, as shown in the table at the beginning of this article, will apply.

CapOne Venture Card vs. Double Cash Card — Summary

Comparing cards by individual category provides useful information, but a side-by-side comparison can help bring it all together.

Here’s how our featured cards stack up when we look at the cumulation of features and benefits:

Feature or BenefitCapOne Venture CardDouble Cash Card
Annual Fee$95$0
Earning Rewards2 miles per dollar spent on every purchase2% cash-back on every purchase: 1% when you make a purchase, plus 1% when you pay
Redeeming Rewards
  • Transfer Capital One miles to travel partners to redeem for award flights and hotel nights
  • Redeem miles for travel via Capital One Travel (1 cent each in value)
  • Redeem for a statement credit with Purchase Eraser to wipe out prior travel purchases (1 cent each in value)
  • Use miles to purchase gift cards, a statement credit against regular purchases, shop at Amazon, or redeem via PayPal (value will vary)
  • Cash-back, a statement credit, a check, or transfer to a qualifying account
  • Convert cash-back to ThankYou Points to redeem for travel, gift cards, or merchandise
  • Convert cash-back to ThankYou Points and transfer to JetBlue Airways or transfer to premium Citi cards that have access to additional transfer partners that may provide greater value
Travel Benefits and Protections
  • Global Entry or TSA PreCheck fee reimbursement
  • Luxury Hotel Collection benefits
  • Car rental insurance
  • Lost baggage
  • Roadside assistance
  • Travel accident insurance
  • Travel emergency assistance
  • No foreign transaction fees
N/A
Shopping Benefits and Protections
  • Purchase protection
  • Extended warranty
  • Capital One Shopping tool
  • No foreign transaction fees
  • Access to Capital One Music and Entertainment
Access to Citi Entertainment benefits
Introductory 0% APR on Balance TransfersN/A18 months 0% APR on balances, fees apply and regular APR (shown previously) will apply

Alternative Cards

If you want to avoid a high annual fee but still earn well on everyday purchases, there are dozens of card options. Here are a few cards, similar to our featured cards, that offer earnings on every purchase you make plus provide introductory 0% APR periods that can save you money on interest charges:

Capital One® VentureOne® Rewards Card

The CapOne VentureOne card offers unlimited flat-rate rewards earning but without an annual fee. In addition, the card could save you money on a large purchase(s) with its introductory 0% APR period on purchases for up to 12 months from card approval.

Blue Cash Preferred® Card from American Express

If your everyday spending includes purchases at grocery stores, gas stations, transit, and streaming services, you’ll earn well with the Amex Blue Cash Preferred card. The annual fee is waived the first year so you can try the card to see if it is a fit.

Chase Freedom Unlimited® Card

We like the Freedom Unlimited card for everyday spending because it earns flexible, and therefore valuable, Ultimate Rewards points.

Points earned on the card have several redemption options but realize the true value when transferred to Chase premium cards. When transferring points to the Chase Sapphire Preferred® Card or the Chase Sapphire Reserve® Card you can receive up to 50% more value when redeemed for travel via the Chase travel portal.

Hot Tip: If you have a large purchase or purchases coming up, selecting a card with an introductory 0% APR period on purchases can save you money on interest charges while you repay the purchase over time. In addition, some cards like the Double Cash card have introductory 0% APR periods for balance transfers that allow you to transfer high-interest credit card balances and repay over time without interest. Additional terms and fees can apply. 

Final Thoughts

It’s clear that the CapOne Venture card offers a better overall package compared to the Double Cash card. However, you can’t dismiss the strong 2% cash-back earnings on every purchase you make with the Double Cash card.

Paired with a travel rewards card offering travel and shopping benefits, the Double Cash card could still find a useful slot in your wallet to ensure you’re earning at least 2% on all purchases, regardless of category.

If you’re a frequent traveler and must pick 1 card from our featured cards, however, the CapOne Venture card could be the better fit. You’ll enjoy strong earnings, good-value travel redemption options, and useful travel and shopping benefits and protections.


The information regarding the Capital One Venture Rewards Card, Capital One® VentureOne® Rewards Card, and Chase Freedom Unlimited® Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer. 

For rates and fees of the Blue Cash Preferred® Card from American Express, click here.


Frequently asked questions

Is the Citi Double Cash card worth it?

With strong 2% cash-back earnings on every purchase (1% when you make the purchase, 1% when you pay) the card ensures you’ll receive double earnings without having to keep track of bonus categories or register for quarterly promotions.

In addition, the card does not charge an annual fee.

Is the CapOne Venture card worth it?

Yes, if you’re looking for a card that has simplified earnings, flexible redemption options, and plenty of travel and shopping benefits, the card is worth it.

The CapOne Venture card earns 2 miles per dollar spent on every purchase, allows you to transfer miles to travel partners for good-value travel redemption options, and comes with travel/shopping benefits that can save you money or provide protection when you need it.

The card also comes with a lower annual fee.

What are eligible purchases for the Citi Double Cash card?

Every purchase you make with the Double Cash card earns 1% cash-back when you make the purchase and 1% additional cash-back when you make at least the minimum required payment each statement period.

Balance transfers do not earn cash-back.

What credit score is needed for the Capital One Venture card?

You are recommended to have an excellent score to qualify for the CapOne Venture card. While generally considered 740 or above, Capital One states that a successful applicant must “never have declared bankruptcy or defaulted on a loan, not been 60 days late on a credit card, loan, or medical bill, and has had a loan or credit card for $5,000 or more in the past 3 years.”

If you meet these general criteria, you may qualify with a lower score.

Christine Krzyszton

About Christine Krzyszton

Christine, who lives in Northern Michigan, travels about 300,000 miles a year despite her remote location. Her expertise is traveling the world on a weekend with no pre-determined destination in mind, letting the cost of the airfare determine where she will go. She has over four million flown miles and elite status on all three major domestic carriers.

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