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:

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.

Capital One Venture Card’s Welcome Offer History: 2020 to 2026

Updated: April 14, 2026, 1:21pm CDT

Edited by:

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Table of Contents

When To Apply for the Capital One Venture Card
Capital One Venture Card Benefits
Final Thoughts

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The Capital One Venture Rewards Credit Card 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 to earn a welcome 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 and a generous welcome offer to earn:

Earn 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. Ourestimations state that Capital One miles are worth 1.8 cents, meaning the current welcome offer is akin to having $1,350 in rewards.

Capital One Venture Rewards Credit Card

U.P. Rating

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

Capital One Venture Rewards Credit Card

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

Welcome OfferEarn 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

UP's Offer Valuation*:
$1,350

Annual Fee

$95

APR

Purchases: 19.49% - 28.49% (Variable)

Credit Recommended

Good to Excellent Credit

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

$95 annual fee
Limited elite benefits

Read Full Review

Card Highlights

Earn 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
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
Top rated mobile app

Financial Snapshot

APR: Purchases: 19.49% - 28.49% (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 offers:

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Offer Date	Welcome Offer Details	Our Valuation*
Current Offer (April 2026 to Now)	Earn 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.	$1,350
January 2026 to April 2026	Earn 75,000 bonus miles and a $250 Capital One Travel credit after spending $4,000 in the first 3 months of account opening.	$1,600
May 2025 to January 2026	Earn 75,000 bonus miles after spending $4,000 in the first 3 months of account opening.	$1,350
February 2025 to May 2025	Earn 75,000 bonus miles and a $250 Capital One Travel credit after spending $4,000 in the first 3 months of account opening.	$1,600
September 2024 to February 2025	Earn 75,000 bonus miles after spending $4,000 in the first 3 months of account opening.	$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.	$1,600
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

*Valuations are based on our monthly points valuations and are not provided by the issuer.

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 Offers on the Capital One Venture Card

It’s possible to be targeted for earning a higher welcome 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 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:

Earn unlimited 5x miles on hotels, vacation rentals, and car rentals booked through Capital One Travel and unlimited 2x miles on all other purchases
Receive up to a $120 statement credit for Global Entry or TSA PreCheck
Enjoy a $50 experience credit and other premium benefits with hotels and vacation rentals booked from the Capital One Lifestyle Collection
No foreign transaction fees

Hot Tip:

The more premium Capital One Venture X Rewards Credit Card 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 offer increases so you’re aware of the best opportunity to apply for this popular travel credit card.