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Capital One vs. Chase Credit Cards: Which Is Best?

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Chase and Capital One are 2 of the largest banks in the U.S., and while they both have drastically different structures, products, and focuses, it is worthwhile to pit the 2 of them against each other and figure out which is best.

In the past, Chase has been an absolute powerhouse in credit cards, whether you were looking for cash-back, travel rewards, or business credit cards. However, Capital One has been playing catch-up in recent years, and this has ultimately resulted in comparisons being drawn between the 2.

In this guide, we’ll be comparing the credit cards offered in each category by both banks, showing you the top (and runner-up) credit cards between Chase and Capital One.

We’ll first discuss the differences between the 2 rewards programs and why it’s important to know the characteristics of each. Then, we’ll break down the top credit card categories and determine which cards come out on top and in second place.

Let’s get started!

Comparing Capital One Miles and Chase Ultimate Rewards

Singapore Airlines First Class Suites Frankfurt to Singapore - Middle Seats
Capital One Miles and Chase Ultimate Rewards points can both be redeemed for Singapore Airlines First Class Suites. Image Credit: Alex Miller

Capital One’s primary rewards program is Capital One Miles, while Chase’s rewards program is known as Chase Ultimate Rewards.

You earn Capital One miles by making purchases using Capital One Miles credit cards, and you earn Ultimate Rewards points by making purchases using Chase Ultimate Rewards credit cards.

Each credit card earns points or miles at different rates and in different categories, such as dining or travel.

Capital One Miles and Chase Ultimate Rewards points can be used for statement credits, gift cards, experiences, and more. In general, using your points in these ways gets you a value of 1 cent per point. For example, you can redeem 10,000 Capital One miles or Chase Ultimate Rewards points for $100 in statement credits or a $100 gift card.

Capital One Miles and Chase Ultimate Rewards each have different transfer partners. Some transfer partners, such as Singapore Airlines KrisFlyer and Air France-KLM Flying Blue are part of both rewards systems. In contrast, others, such as United Airlines MileagePlus (with Chase) and Avianca LifeMiles (with Capital One) are only partners with 1 of the rewards systems.

Also, Chase maintains a 1:1 transfer ratio with all of the Chase transfer partners, while Capital One maintains a 1:1 transfer ratio with most of its partners.

Both of these reward systems have excellent transfer partnerships overall.

And if you’re not looking to redeem through transfer partners, you can redeem Capital One Miles via Capital One Travel for 1 cent each or Chase Ultimate Rewards points through the Chase Travel portal at up to 1.5 cents each. This provides a 50% bonus compared to the standard redemption value.

On the other hand, Capital One maintains a pretty consistent value of 1 cent per mile when redeeming for anything besides transfer partners.

There are only a handful of credit cards that can earn Capital One miles, while there are many credit cards that can earn Ultimate Rewards points. Both issuers generally allow you to earn up to 10 miles or points per dollar spent.

When you consider everything, Chase Ultimate Rewards points are worth around 2 cents each, and Capital One miles are worth around 1.8 cents each, according to our valuations.

Bottom Line: Chase Ultimate Rewards is the superior points currency, with a small caveat that Capital One has a few niche transfer partners, such as Cathay Pacific Asia Miles, that could be useful in some situations. And unless you never want to think about bonus categories and are willing to accept a lower earning structure, Chase Ultimate Rewards is the clear winner over Capital One Miles.

Best Overall Travel Rewards Credit Card

The best overall travel rewards credit cards offer exceptional rewards without a huge price tag. And luckily, both Chase and Capital One offer exceptional products in this arena.

Let’s compare the top 2 contenders!

Winner: Chase Sapphire Preferred® Card

GREAT STARTER CARD
Chase Sapphire Preferred® Card
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

Learn More(at Chase's secure site)
A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
60,000 points
$1,200
$95
21.49%-28.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.

Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.

Pros
  • 5x points on all travel booked via the Chase Travel portal
  • 5x points on select Peloton purchases over $150 (through March 31, 2025)
  • 5x points on Lyft purchases (through March 31, 2025)
Cons
  • $95 annual fee
  • No elite benefits like airport lounge access or hotel elite status
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
  • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
  • Member FDIC
Financial Snapshot
  • APR: 21.49%-28.49% Variable
  • Foreign Transaction Fees: None
Rewards Center

Chase Ultimate Rewards

The Chase Sapphire Preferred card is one of the most popular travel credit cards in the U.S. It also happens to be the best beginner rewards credit card available.

Even so, the most seasoned points enthusiasts love keeping this card in their arsenal.

One thing that makes this credit card exceptional is its welcome offer, which is consistently awesome. With a bit of monthly spending after opening the card, you’ll see a massive pop in your point balance.

But if you look past the welcome offer, you’ll find its earning rates very attractive:

  • 5x points on travel purchased through Chase Travel
  • 5x points on select Peloton purchases over $250 (through March 31, 2025)
  • 5x points Lyft (through March 31, 2025)
  • 3x points on online grocery purchases, excluding Target, Walmart, and wholesale clubs
  • 3x points on dining at restaurants, including eligible delivery services and takeout
  • 3x points on select streaming services
  • 2x points on all other travel purchases
  • 1x points on all other purchases

In addition, the Chase Sapphire Preferred card has an incredible 10% points bonus (calculated based on the total dollar amount spent after every card anniversary).

Remember, we value Ultimate Rewards points at around 2 cents each, which means that on your 2x travel and 3x dining purchases, you’d earn a 4.2% to 6.2% return on spending. On Lyft purchases and Chase Travel that earn 5x points, after the 10% anniversary bonus, you’d earn a whopping 10.2% return on your spending!

The Chase Sapphire Preferred card also offers a complimentary DoorDash DashPass subscription. If activated by December 31, 2024, the subscription would be active for at least 1 year up until December 31, 2025.

There are no foreign transaction fees, and you can redeem your points flexibly with transfer partners like United MileagePlus and World of Hyatt.

But the cherry on top is the superb travel coverage you can access with this card, including trip delay insurance, trip cancellation and interruption insurance, baggage delay insurance, lost luggage insurance, travel accident insurance, and primary rental car insurance.

Lastly, the Chase Sapphire Preferred card offers essential purchase protection, extended warranty protection, and zero fraud liability to round out the main benefits.

Runner-Up: Capital One Venture Rewards Credit Card

LIMITED TIME OFFER
Capital One Venture Rewards Credit CardTerms Apply / Rates & Fees
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

Get 2x miles plus some of the most flexible redemptions offered by a travel credit card!

Learn More(at Capital One's secure site)
Get 2x miles plus some of the most flexible redemptions offered by a travel credit card!
Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel.
$250 Capital One Travel Credit + 75,000 miles
$1,600
$95
19.99% - 29.99% (Variable)
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent Credit (670-850)

The Capital One Venture Rewards Credit Card is one of the most popular rewards cards on the market. It’s perfect for anyone in search of a great welcome offer, high rewards rates, and flexible redemption options.

Frequent travelers with excellent credit may benefit from this credit card that offers a lot of bells and whistles. And it offers easy-to-understand rewards earning and redemption.

Pros
  • 5x miles per $1 on hotels and rental cars booked through Capital One Travel
  • 2x miles per $1 on all other purchases
  • Global Entry or TSA PreCheck application fee credit
Cons
  • Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening – that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options
  • Miles won’t expire for the life of the account and there’s no limit to how many you can earn
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enrich every hotel stay from the Lifestyle Collection with a suite of cardholder benefits, like a $50 experience credit, room upgrades, and more
  • Transfer your miles to your choice of 15+ travel loyalty programs
Financial Snapshot
  • APR: 19.99% - 29.99% (Variable)
  • Foreign Transaction Fees: None
Rewards Center

Capital One Miles

Capital One’s well-known travel rewards credit card, the Capital One Venture card, draws plenty of comparisons to the Chase Sapphire Preferred card. But, in reality, the 2 cards vary significantly.

The Capital One Venture card is similar to the Chase Sapphire Preferred card, providing a generous welcome offer and a low annual fee. Both cards also have access to transferable rewards, albeit with 2 different reward systems.

The similarities end here, so let’s get into the Capital One Venture card’s selling points. First, the biggest reason you’d want to have this card is that you don’t need to worry about bonus categories like dining or travel to earn an unlimited 2x Capital One Miles on every purchase, every day. Beyond that, earn 5x miles on hotels and rental cars booked through Capital One Travel.

That means all of your spending on the Capital One Venture card will consistently return around 3.6% and up to 9%.

Also, this credit card offers an application fee credit for Global Entry or TSA PreCheck. So, if getting these memberships was on your to-do list, the Capital One Venture card can help you get them for free. You’ll also enjoy Hertz Five Star status with this card. Take note: Starting January 1, 2025, Capital One Venture cardholders will no longer receive complimentary lounge access.

As with almost all of Capital One’s credit cards, this product doesn’t have foreign transaction fees (rates & fees).

You’ll find numerous travel insurance benefits available, including secondary car rental coverage, travel assistance, lost luggage coverage, roadside dispatch, and more.

The extended warranty, purchase security, and zero fraud liability are standard perks many credit cards have but are still worth pointing out as benefits.

Bottom Line: The Chase Sapphire Preferred card offers better bonus categories, transfer partnerships, more value in statement credits, and superior travel perks like primary rental car coverage. The Capital One Venture card offers straightforward rewards earning on all purchases, a Global Entry or TSA PreCheck application fee credit of up to $100, and decent travel insurance. The Chase Sapphire Preferred is the clear winner in this showdown. Check out our detailed comparison for more insight.

Best Overall Business Credit Card

Woman Running Shipping Business
You could earn up to 3x points for your small business’s shipping expenses. Image Credit: Sushiman via Shutterstock

Credit cards for small businesses are almost in a different realm than consumer credit cards.

This shouldn’t be surprising, because a business often spends a lot more on certain expenses than a consumer probably would. With business expenses, you may make many purchases on advertising, office supplies, and more.

So, in this next section, we’ll show you the 2 best business credit cards available.

Winner: Capital One Venture X Business Card*

Capital One Venture X Business Card
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Capital One Venture X Business card offers at least 2x miles on all purchases, and comes packed with premium perks.

The Capital One Venture X Business card offers at least 2x miles on all purchases, and comes packed with premium perks.
Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
150,000 miles
$2,700
$395
All charges made on this account are due and payable in full when you receive your periodic statement. The minimum payment due is the New Balance as indicated on your statement.

The information regarding the Capital One Venture X Business card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.


The Capital One Venture X Business card is a great all-around premium rewards card that helps you rack up miles on all of your business expenses.

From 2x miles on all purchases, airport lounge access, an annual travel credit, complimentary employee cards, and more, there is plenty to love about the Capital One Venture X Business card.

Pros
  • 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
  • 5x miles per $1 on flights purchased through Capital One Travel
  • 2x miles per $1 on all other purchases
Cons
  • $395 annual fee (rates and fees)
  • 10x and 5x bonus categories are limited to Capital One Travel bookings
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • This card has no preset spending limit, so you get purchasing power that adapts to your spending needs. The annual fee on this card is $395
  • Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Earn unlimited 10X miles on hotels and rental cars and 5X miles on flights booked through Capital One Travel, where you’ll get the best prices on thousands of options
  • Every year, you’ll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings through Capital One Travel
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Skip the lines with up to a $100 statement credit on TSA PreCheck® or Global Entry. Then enjoy unlimited complimentary access to Capital One Lounges and a network of 1,300+ lounges worldwide, including Priority Pass™ and Plaza Premium Group lounges
  • This is a pay-in-full card, so your balance is due in full every month
  • Elevate your stay at luxury hotels and resorts from the Premier Collection with a $100 experience credit and other premium benefits on every booking
Financial Snapshot
  • APR: All charges made on this account are due and payable in full when you receive your periodic statement. The minimum payment due is the New Balance as indicated on your statement.
  • Foreign Transaction Fees: None
Rewards Center

Capital One Miles

*(Information collected independently. Not reviewed by Capital One.)

The Capital One Venture X Business card is one of the best business cards you’ll find in the market, due to how easy it is to earn Capital One Miles and take advantage of the card’s benefits.

Let’s take a look at the earnings for the card:

  • Earn 150,000 miles once you spend $30,000 in the first 3 months from account opening.
  • Unlimited 10x miles on hotels and rental cars booked through Capital One Travel and 5x miles on flights booked through Capital One Travel
  • Unlimited 2x miles on all other purchases

Plus, the card comes with a $300 annual credit for bookings through Capital One Travel, 10,000 bonus miles (equal to $100 toward travel) every year, starting on your first anniversary, and the ability to transfer your miles to any of the 15-plus travel loyalty programs.

You also receive complimentary access for you and 2 guests to over 1,300 lounges, including Capital One Lounges and the Partner Lounge Network, and up to a $100 credit for Global Entry or TSA PreCheck.

Runner-Up: Ink Business Preferred® Credit Card

LIMITED TIME OFFER
Ink Business Preferred® Credit Card
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Learn More(at Chase's secure site)
The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.
Earn 120k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,200 cash back or $1,500 toward travel when redeemed through Chase Travel℠
120,000 Points
$2,400
$95
21.24%-26.24% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Ink Business Preferred® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.

Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.

Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.

Pros
  • 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
  • Cell phone protection
  • Purchase protection
Cons
    • No elite travel benefits like airport lounge access
  • Earn 120k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,200 cash back or $1,500 toward travel when redeemed through Chase Travel℠
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Travel℠
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
  • Member FDIC
Financial Snapshot
  • APR: 21.24%-26.24% Variable
  • Foreign Transaction Fees: None
Rewards Center

Chase Ultimate Rewards

The Ink Business Preferred card is colloquially known as the king of business credit cards. And it’s easy to see why: The bonus categories, welcome bonus offer, and other perks are top-notch.

The Ink Business Preferred card offers a generous welcome offer worth upwards of $2,000! And once you’ve pocketed this bonus, you’ll pivot your focus to the bonus categories (there are many).

You can earn up to 3x Ultimate Rewards points on the first $150,000 in combined purchases made each account anniversary year in the following categories:

  • Internet, cable, and phone services
  • Shipping expenses
  • Travel
  • Ads purchased with search engines or social media sites

You can also earn 5x points on Lyft purchases through March 31, 2025.

One of the exceptional benefits of this card worth pointing out is its cell phone insurance. If you charge your cell phone bills to this card, you are eligible for coverage if you break or damage your cell phone or if it’s stolen. The same goes for employees’ and the cell phones they pay bills for with this card. This insurance covers $1,000 per claim with a $100 deductible and a maximum of 3 claims per 12-month period, meaning up to $2,700 in value every year.

The benefits don’t end there, because you get access to superb travel protections (similar to the Chase Sapphire Preferred card), including trip interruption and cancellation insurance, trip delay insurance, baggage insurance, baggage delay protection, travel accident insurance, and primary rental car coverage when renting for business.

There are no foreign transaction fees, and this card affords you purchase protection, extended warranty protection, zero liability, fraud protection, and more.

Best Premium Travel Rewards Credit Card

If you’re a frequent traveler and have enough expenses to make the most of the rewards overall, you should be looking for the highest-tier credit card.

You might be charged a larger annual fee upfront, but by making the most of the enhanced bonus categories, you’ll end up ahead in terms of value earned from credit card spending.

Without further ado, let’s get into our best premium travel rewards credit card.

Winner: Chase Sapphire Reserve®

Chase Sapphire Reserve®
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.

Learn More(at Chase's secure site)
A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠
60,000 points
$1,200
$550
22.49%-29.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Excellent (740-850)

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve® is one of the best options out there.

The card combines elite travel benefits and perks like airport lounge access, with excellent point earning and redemption options.  Plus it offers top-notch travel insurance protections to keep you covered whether you’re at home or on the road.

Don’t forget the $300 annual travel credit which really helps to reduce the annual fee!

Pros
  • 10x total points on hotels and car rentals when you purchase travel through Chase TravelSM immediately after the first $300 is spent on travel purchases annually
  • 10x points on Lyft purchases March 31, 2025
  • 10x points on Peloton equipment and accessory purchases over $250 through March 31, 2025
Cons
  • $550 annual fee
  • Does not offer any sort of hotel elite status
  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel.
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Member FDIC
Financial Snapshot
  • APR: 22.49%-29.49% Variable
  • Foreign Transaction Fees: None
Rewards Center

Chase Ultimate Rewards

The Chase Sapphire Reserve card is the winner in the premium category.

The card comes with a sizable welcome offer, but the real selling points come from the accrual structure and the stellar travel benefits. This credit card also comes with a $300 annual travel credit (renewed after each card anniversary).

You earn:

  • 10x total points on hotels and car rentals when you purchase travel through Chase Travel (after the $300 is spent on travel purchases annually)
  • 10x points on Lyft purchases through March 31, 2025
  • 5x points on flights when you purchase travel through Chase Travel (after the $300 is spent on travel purchases annually)
  • 3x points on other travel and dining
  • 1x points on all other purchases

As far as other benefits go, you get a complimentary Priority Pass Select membership; a TSA PreCheck or Global Entry application fee credit; a DoorDash DashPass subscription (activate by December 31, 2024); Instacart benefits; access to the Chase Luxury Hotel and Resort Collection; rental car benefits, including elite status with National (Emerald Club Executive Level) and Avis (Preferred); and more.

But the Chase Sapphire Reserve card offers the best travel coverage of any credit card in the marketplace, including primary rental car insurance for up to $75,000 for car rentals 31 days or shorter, trip cancellation and interruption insurance, baggage delay and lost luggage insurance, and roadside assistance.

To round out the significant benefits, the Chase Sapphire Reserve comes with purchase protection, extended warranty protection, and zero fraud liability protection.

Runner-Up: Capital One Venture X Rewards Credit Card

Capital One Venture X Rewards Credit CardTerms Apply / Rates & Fees
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Learn More(at Capital One's secure site)
The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.
75,000 miles
$1,350
$395
19.99% - 29.99% (Variable)
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Excellent (740-840)

The Capital One Venture X Rewards Credit Card is the premium Capital One travel rewards card on the block.

Points and miles fans will be surprised to see that the Capital One Venture X card packs quite the punch when it comes to bookings made through Capital One, all while offering the lowest annual fee among premium credit cards.

Depending on your travel goals and preferences, the Capital One Venture X card could very well end up being your go-to card in your wallet.

 

Pros
  • 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
  • 5x miles per $1 on flights purchased through Capital One Travel
  • 2x miles per $1 on all other purchases
Cons
  • $395 annual fee (rates & fees)
  • Does not offer bonus categories for flights or hotel purchases made directly with the airline or hotel group, the preferred booking method for those looking to earn elite status
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,300+ lounges, including Capital One Lounges and the Partner Lounge Network
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Elevate every hotel stay from the Premier or Lifestyle Collections with a suite of cardholder benefits, like an experience credit, room upgrades, and more
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
Financial Snapshot
  • APR: 19.99% - 29.99% (Variable)
  • Foreign Transaction Fees: None
Rewards Center

Capital One Miles

 

Capital One’s new high-end credit card is the Capital One Venture X card. It currently has an elevated welcome offer and earns up to 10x miles as follows:

  • 10x miles on hotels and rental cars booked through Capital One Travel
  • 5x miles on flights booked through Capital One Travel
  • 2x miles on all other purchases

The card has an annual travel credit of up to $300 on bookings through Capital One Travel, plus an anniversary bonus of 10,000 miles every year, starting on your first anniversary.

Also, cardholders with the Capital One Venture X card enjoy lounge access, including unlimited free visits for you and up to two guests to Capital One Lounges and Plaza Premium Lounges, which is a huge plus. Of course, you’re entitled to a complimentary Priority Pass Select membership, too. The Global Entry or TSA PreCheck application fee credit of up to $100 is a given, as well.

Ultimately, you’re also entitled to cell phone protection insurance, no foreign transaction fees (rates & fees), up to 4 authorized users for no additional annual fee (rates & fees), and access to insider experiences through Capital One Premier Access.

Hot Tip: For a full comparison of our 2 travel-card contenders, check out our comparison guide of the Capital One Venture X card vs. Chase Sapphire Reserve card.

Best Cash-Back Credit Card

If you’re looking for the best cash-back credit card, perhaps because you don’t travel all that often or if you just believe cash is king, don’t worry!

In this next section, we’ll identify the best cash-back credit cards that Capital One and Chase offer.

Winner: Capital One Savor Cash Rewards Credit Card*

Capital One Savor Cash Rewards Credit Card
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

An excellent cash-back card that offers rewards for categories like dining, entertainment, popular streaming services, and grocery stores. (Information collected independently. Not reviewed by Capital One.)

An excellent cash-back card that offers rewards for categories like dining, entertainment, popular streaming services, and grocery stores. (Information collected independently. Not reviewed by Capital One.)
Earn a one-time $300 cash bonus after you spend $3,000 on purchases within the first 3 months from account opening.
$300
$95
20.74%-28.74% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Excellent (740-850)

 

When it comes to rewards credit cards, you can break up most savvy consumers into 2 camps: those who prefer travel rewards and those who prefer cash-back.

Both options can be very lucrative to you and your wallet, especially if you’re using the right card. For those who fall in the “cash is king” camp, you’ll likely find the Capital One Savor card quite compelling.

Pros
  • 10% cash-back on Uber and Uber Eats
  • 8% cash-back on Capital One Entertainment
  • 5% cash-back on hotels and rental cars booked through Capital One Travel
Cons
  • $95 annual fee
  • This is strictly a cash-back card, so it features no travel rewards like other cards offer
  • Earn a one-time $300 cash bonus after you spend $3,000 on purchases within the first 3 months from account opening
  • Earn unlimited 4% cash back on dining, entertainment, and popular streaming services, 3% at grocery stores and 1% on all other purchases.
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel.
  • Earn 8% cash back on Capital One Entertainment.
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won’t expire for the life of the account and there’s no limit to how much you can earn.
Financial Snapshot
  • APR: 20.74%-28.74% Variable
  • Foreign Transaction Fees: 

*(Information collected independently. Not reviewed by Capital One.)

The Capital One Savor card is one of the most tempting cash-back credit cards available. While many cash-back credit cards have come and gone, this excellent product offers up to 8% cash-back with no caps.

You’ll start with a one-time cash bonus. Then you earn according to the following structure:

  • 8% cash-back on Capital One Entertainment purchases
  • 5% cash-back on hotels and rental cars booked through Capital One Travel
  • 4% cash-back on dining, entertainment, and popular streaming services
  • 3% cash-back at grocery stores
  • 1% cash-back on all other purchases

Impressively, this credit card has no rewards caps. Other perks include roadside assistance, secondary car rental coverage, purchase protection, price protection, extended warranty, and zero liability fraud protection.

There are no foreign transaction fees and no authorized user fees.

Runner-Up: Chase Freedom Unlimited®

UP TO $300 BACK
Chase Freedom Unlimited®
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This all-purpose cash-back card offers great bonus categories, including bonus points for every purchase you make!

Learn More(at Chase's secure site)
This all-purpose cash-back card offers great bonus categories, including bonus points for every purchase you make!
INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
Up to $300 cash back
$0
0% Intro APR for 15 months on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Chase Freedom Unlimited® is easily one of the best cash-back credit cards on the market. There aren’t many no-annual-fee credit cards that offer multiple great bonus categories like 5% back on travel purchased through Chase, 3% back on dining and drugstore purchases, and 1.5% back on all other purchases.

When paired with other Chase cards in the Ultimate Rewards family, you can transfer that cash back into points if you wish – making it one of the most lucrative cards in your wallet.

Pros
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • 5% back on travel purchased through Chase Travel℠
  • 3% back on dining and drugstore purchases
Cons
    • 3% foreign transaction fee
  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
  • Member FDIC
Financial Snapshot
  • APR: 0% Intro APR for 15 months on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • Foreign Transaction Fees: 3% of each transaction in U.S. dollars
Rewards Center

Chase Ultimate Rewards

The Freedom Unlimited card is one of Chase’s most popular credit cards. This cash-back credit card easily becomes the runner-up in this category, with the potential to earn you some lucrative rewards.

The Freedom Unlimited card also offers secondary rental car coverage, purchase protection, extended warranty protection, and zero liability fraud protection.

If you hold this card and an Ultimate Rewards credit card such as the Chase Sapphire Preferred card, you can convert your cash-back to Ultimate Rewards points.

Best Credit Card With No Annual Fee

Chase and Capital One compete fiercely for various credit card types; no-annual-fee credit cards are no exception. However, there’s a clear winner for the best no-annual-fee credit card.

Let’s talk about it!

Winner: Chase Freedom Flex℠

Chase Freedom Flex®
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Freedom Flex card is an excellent no-annual-fee card that still earns big with 5% cash-back on travel and other bonus categories.

Learn More(at Chase's secure site)
The Freedom Flex card is an excellent no-annual-fee card that still earns big with 5% cash-back on travel and other bonus categories.
Earn a $200 bonus after you spend $500 on purchases in your first 3 months from account opening.
$200
$0
0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Chase Freedom Flex℠ sure does pack quite a punch — especially for a no-annual-fee card.

The Freedom Flex card is an incredible option for those looking for a well-rounded cash-back card, or a powerful point-earner when paired with a premium card in the Ultimate Rewards family.

Pros
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
  • Powerful cash-back earner: 5% back on quarterly categories and travel purchases through Chase Ultimate Rewards, 3% back on dining and drugstore purchases, and 1% back on all other purchases
  • No annual fee
Cons
    • 3% foreign transaction fees in U.S. dollars
  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 5% cash back on travel purchased through Chase Travel℠, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
  • No annual fee – You won't have to pay an annual fee for all the great features that come with your Freedom Flex® card
  • Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.
  • Member FDIC
Financial Snapshot
  • APR: 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49%-29.24%.
  • Foreign Transaction Fees: None
Rewards Center

Chase Ultimate Rewards

A new entrant to the credit card scene, the Freedom Flex card is making quite a splash and is our winner for the best no-annual-fee credit card by quite a wide margin.

Why? The card features a great welcome offer, ongoing earning categories of up to 5% cash-back, and excellent travel benefits.

This credit card starts with a nice welcome offer for newly approved cardholders meeting specific requirements within their first 3 months.

Here’s how the Freedom Flex card earns cash-back:

  • 5% cash-back on quarterly rotating bonus categories on up to $1,500 in spending (past categories have included gas, groceries, warehouse clubs, Amazon, and PayPal)
  • 5% cash-back on Lyft purchases (through March 31, 2025)
  • 5% cash-back on purchases made through the Chase Travel portal
  • 3% cash-back on all dining purchases, including takeout and eligible delivery services
  • 3% cash-back at drugstores
  • 1% cash-back everywhere else

If you pay attention to these quarterly rotating bonus categories or spend a lot of money on travel, dining, or drugstores, you’ll come out way ahead!

If you like ordering food delivery, pay attention: This card offers a complimentary 3-month subscription to DoorDash DashPass (when activated by December 31, 2024), and the ability to renew it at 50% off for another 9 months after the initial 3-month period.

The Freedom Flex card also has an introductory 0% APR benefit, cell phone protection ($800 per claim and $1,000 per year with a maximum of 2 claims in a 12-month period and a $50 deductible per claim), secondary rental car insurance, trip cancellation and interruption insurance, purchase protection, extended warranty protection, and more.

Runner-Up: Capital One VentureOne Rewards Credit Card

Capital One VentureOne Rewards Credit CardTerms Apply / Rates & Fees
U.P. Rating 
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The card offers unlimited miles at 1.25x per $1 and no annual fee. When you consider the flexible rewards, frequent travelers come out on top.

Learn More(at Capital One's secure site)
The card offers unlimited miles at 1.25x per $1 and no annual fee. When you consider the flexible rewards, frequent travelers come out on top.
Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel.
20,000 miles
$360
$0
19.99% - 29.99% (Variable),0% intro on purchases for 15 months
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

Interested in a travel rewards credit card without one of those pesky annual fees? Then say hello to the Capital One VentureOne Rewards Credit Card.

In addition to no annual fee, the Capital One VentureOne card offers no foreign transaction fees.

But is this card worth its salt, or is it merely a shell of the more popular Capital One Venture card?

Pros
Cons
  • Weak earn rate at 1.25x miles per $1 spent on all purchases
  • No luxury travel or elite benefits
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; balance transfer fee applies
Financial Snapshot
  • APR: 19.99% - 29.99% (Variable),0% intro on purchases for 15 months
  • Foreign Transaction Fees: None
Rewards Center

Capital One Miles

Our runner-up credit card is the Capital One VentureOne card because of its simple, straightforward earning structure.

As the no-annual-fee version of the Capital One Venture card, it’s a worthwhile option when you consider the benefits you get and the ability to access Capital One Miles without paying an annual fee (rates & fees).

Beyond that, this card earns an unlimited 1.25x Capital One miles on every purchase, every day. No need to worry about rotating or bonus categories!

The miles you earn never expire for the life of the account, and you can redeem them for travel when you want (with no blackout dates) and fly any airline or stay at any hotel, anytime.

The Capital One VentureOne card offers secondary car rental coverage, lost luggage coverage, travel assistance services, purchase security, and extended warranty.

This card has no foreign transaction fees (rates & fees) and no additional fees for authorized users (rates & fees).

Final Thoughts

We are huge fans of Capital One and Chase credit cards. Whether you’re looking for cash-back or luxury travel rewards, both of these banks have products that can fit your needs.

In general, Chase focuses on those who want to really maximize rewards, whether it’s with its Ultimate Rewards program or with cash-back on specific categories that may rotate over time.

On the other hand, Capital One loves offering extra miles on all purchases without too many bonus categories. Capital One also focuses on low-annual-fee credit cards and cash-back rewards, but it does have a great transferable rewards program in Capital One Miles.

We hope you found this complete guide comparing Capital One and Chase credit cards useful! For even more information, check out our comparison of Chase and Amex cards and our comparison of Chase and Bank of America cards.

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Enrollment required through Capital One website or mobile app. Upon enrollment, eligible cardholders will remain at upgraded status level through December 31, 2024. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.

The information regarding the Capital One Savor Cash Rewards Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer. 
The information regarding the Capital One Venture X Business Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Capital One Quicksilver Cash Rewards Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Chase Freedom® Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Chase Freedom Flex℠ was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

Frequently Asked Questions

Which is better, the Chase Freedom® card or Capital One Quicksilver Cash Rewards Credit Card?

The 2 credit cards are completely different, but the Freedom card is probably better because you can earn anywhere from 1% to 5% cash-back, whereas the Capital One Quicksilver card earns a flat 1.5% cash-back on all purchases. So if you maximize the Freedom card, you come out ahead compared to the Capital One Quicksilver card. Plus, with the Freedom card, you have the ability to convert your rewards to Ultimate Rewards points, which doubles the value you earn on your purchases.

The Freedom card is no longer available for new applicants, so consider the similar Freedom Flex card instead.

Does Capital One have a bank?

Yes! While Capital One is mostly online, there are many Capital One branch locations in a number of states. You can find physical branches, ATMs, and cafes across the U.S.

Should I get a Capital One credit card?

It depends on what you’re looking for. If you’re looking for straightforward cash-back or don’t want to think about bonus categories, you could consider getting a Capital One credit card.

However, if you care about bonus categories such as dining and travel, then Chase credit cards are almost always superior to Capital One credit cards. Also, Chase points are generally more valuable than Capital One miles.

Which bank is better, Chase or Capital One?

Chase has the more valuable points and the better credit cards to earn rewards for travel. Capital One focuses on low annual fee products and rewards without bonus categories. It depends on what you’re looking for, but we are generally huge fans of Chase credit cards.

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About Stephen Au

Stephen is an established voice in the credit card space, with over 70 to his name. His work has been in publications like The Washington Post, and his Au Points and Awards Consulting Services is used by hundreds of clients.

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