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Capital One Venture Card’s Welcome Bonus History: 2020 to Today

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The Capital One Venture Rewards Credit CardInformation collected independently. Not reviewed by Capital One. is a regular favorite among travelers who value simplicity. With the card’s main premise of earning an unlimited 2x miles — no matter the purchase — racking up rewards has never been easier.

Beyond its everyday rewards rate, there’s an even more opportune time to earn many miles at once. New Capital One Venture card applicants are eligible for a welcome bonus offer, which can vary greatly depending on when you apply.

You’ll want to apply when there is an elevated welcome offer, so we’ve reviewed the previous offers on the Capital One Venture card since 2020.

When To Apply for the Capital One Venture Card

The Capital One Venture card comes with a reasonable $95 annual fee (rates & fees) and a generous welcome offer to boot:

  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel

That’s a lot of Capital One miles, and they can be redeemed in many creative ways for travel. Capital One’s transfer partners include programs such as Air Canada Aeroplan, Finnair Plus, and Turkish Airlines Miles&Smiles, all of which are incredibly valuable for booking business class flights for a fraction of the true cash cost.

That’s why we believe Capital One miles are worth more than a standard 1 cent per mile valuation. Our estimations state that Capital One miles are worth 1.8 cents, meaning the current welcome bonus offer is akin to having $1,350 in rewards.

Capital One Venture Rewards Credit CardTerms Apply / Rates & Fees
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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!

Get 2x miles plus some of the most flexible redemptions offered by a travel credit card!
Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel.
75,000 miles
$1,350
$95
19.99% - 29.74% (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.
Good to Excellent Credit (670-850)
Why We Like This Card

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 & Cons
Pros
  • 5x miles per $1 on hotels, vacation rentals, and rental cars booked through Capital One Travel
  • 2x miles per $1 on all other purchases
  • Up to a $120 Global Entry or TSA PreCheck application fee credit
Cons
Card Highlights
  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals 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 $120 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
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
Financial Snapshot
  • APR: 19.99% - 29.74% (Variable)
  • Foreign Transaction Fees: None
Rewards Center

Capital One Miles

Below, you’ll find the full history of the Capital One Venture card’s welcome bonus offers:

SCROLL FOR MORE

Offer Date

Welcome Offer Details

Our Valuation*

Current Offer

Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months.$1,350

July 2024 to September 2024

Earn 75,000 bonus miles and a $250 Capital One Travel credit after spending $4,000 in the first 3 months of account opening.

$1,650

May 2022 to July 2024

Earn 75,000 bonus miles after spending $4,000 in the first 3 months of account opening.

$1,350

July 2021 to May 2022

Earn 60,000 bonus miles after spending $4,000 in the first 3 months of account opening.

$1,080

March 2021 to July 2021

Earn up to 100,000 bonus miles: 50,000 miles after spending $3,000 in the first 3 months, then an additional 50,000 after spending a total of $20,000 in the first 12 months of account opening.

$1,800

December 2020 to March 2021

Earn 60,000 bonus miles after spending $4,000 in the first 3 months of account opening.

$1,080

September 2020 to December 2020

Earn up to 100,000 bonus miles: 50,000 miles after spending $3,000 in the first 3 months, then an additional 50,000 after spending a total of $20,000 in the first 12 months of account opening.

$1,800

Bottom Line:

The 100,000-mile welcome offer hasn’t returned for a few years, but it may return in the future. However, it’s worth noting that the minimum spend requirements were much higher than the standard offer on the Capital One Venture card.

Targeted Welcome Bonus Offers on the Capital One Venture Card

It’s possible to be targeted for a higher welcome bonus offer on the Capital One Venture card. The issuer provides targeted offers via CardMatch, emails, referral bonus offers, or letters in your mailbox.

Capital One Venture Card Benefits

TSA Precheck Signage Upgraded Points LLC 2
The Global Entry or TSA PreCheck credit is a big draw of the Capital One Venture card. Image Credit: Upgraded Points

A welcome bonus offer is just one of the reasons to apply for a card, so you’ll want to make sure the benefits are worth it in the long run. Here’s a glimpse at what you can expect when carrying the Capital One Venture card:

Hot Tip:

The more premium Capital One Venture X Rewards Credit CardInformation collected independently. Not reviewed by Capital One. debuted in 2021, building off many of the core benefits of the Capital One Venture card. Read our in-depth analysis comparing the rewards and perks of the Capital One Venture X card vs. Capital One Venture card.

Final Thoughts

There are many opportunities to earn limited-time welcome offers on the Capital One Venture card. Bookmark this page if you’re interested in seeing when the welcome bonus increases so you’re aware of the best opportunity to apply for this popular travel credit card.

The information regarding the Capital One Venture 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 Rewards Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

Frequently Asked Questions

What is the Capital One Venture card's welcome offer?

New applicants of the Capital One Venture card can be eligible for this welcome offer:

  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
What is the 100k offer on the Capital One Venture card?

While no longer publicly available, the Capital One Venture card offered up to 100,000 bonus miles to new applicants upon meeting minimum spending requirements. That welcome offer hasn’t been available since July 2021.

How much are 75,000 Capital One miles worth?

The team at Upgraded Points values 75,000 Capital One miles at $1,350 for travel redemptions, whether for flights or hotels.

Can you turn Capital One miles into cash?

Yes, you can use Capital One miles to get a check or statement credit. However, your miles are only worth 0.5 cents each redeemed this way, so we don’t recommend this redemption option.

Stella Shon's image

About Stella Shon

With a degree in media and journalism, Stella has been in the points and miles game for more than 6 years. She most recently worked as a Corporate Communications Analyst for JetBlue. Find her work in The New York Times, USA Today, and more.

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