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[Expired] It’s Back: Capital One Venture Card’s Amazing 75K Miles and $250 Travel Credit Welcome Offer

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Stella Shon
Edited by: Ryan Smith
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Update:

The offer mentioned below has expired and is no longer available.

If you missed the opportunity to score an elevated welcome offer on the Capital One Venture Rewards Credit Card last year, you’re in luck. Eligible applicants can now score 75,000 bonus miles plus a $250 Capital One Travel credit after spending $4,000 on purchases within the first 3 months, and the credit is valid for a year.

The timing couldn’t be better for trips you have in mind this summer, as the bonus miles and travel credit can go a long way. With numerous ways to use these rewards, we estimate that you can get $1,600 in value for flights, hotels, vacation rentals, and so much more.

Here are more details about this limited-time welcome bonus offer, available in February 2025, and more information about how you can maximize the earning potential of this popular travel card.

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Elevated Capital One Venture Card Welcome Bonus Offer

The Capital One Venture card just got a lot more rewarding with an excellent welcome bonus offer, which the issuer says is available for a limited time only.

Typically, new applicants can earn 75,000 miles after spending $4,000 on eligible purchases in the first 3 months of account opening. However, with this new welcome bonus offer, applicants also will receive a $250 Capital One Travel credit valid during their first cardholder year.

Fortunately, Capital One makes it effortless to redeem miles for travel. Every mile is worth 1 cent when used for reservations made through Capital One Travel. Alternatively, you can redeem miles for eligible travel purchases on your statement credit within 90 days, yielding the same value.

However, we much prefer to transfer miles to Capital One’s loyalty partners. With more than 15 participating airline and hotel programs, you can transfer these Capital One miles and get a much higher value for your rewards.

For example, you could transfer 75,000 or 87,500 Capital One miles to Air Canada Aeroplan and pay approximately $150 in taxes to book a one-way ticket from the West Coast to Australia in business class, depending on the flight distance.

United Polaris business class 787 10 seat with blanket and pillow HND LAX
A lie-flat bed for a long-haul trip! Image Credit: Ryan Smith

Since Air Canada is a Star Alliance carrier, you can book discounted partner awards for United Airlines Polaris for a significantly reduced rate. This is just one of the many incredible ways you can redeem Capital One miles for maximum value!

Bottom Line:

Based on our points and miles valuations, 75,000 Capital One miles are worth roughly $1,350. Add in an extra $250 in Capital One Travel credit during your first cardholder year, and this welcome bonus offer could be worth a whopping $1,600.

Is the Capital One Venture Card Worth It?

The Capital One Venture card is a great travel credit card for those who don’t want to be tied to a certain hotel or flight loyalty program and want a straightforward way to earn miles. Cardholders can transfer miles to a variety of Capital One transfer partners, including Avianca LifeMiles, Air France-KLM Flying Blue, and, added recently, JetBlue TrueBlue.

With a reasonable annual fee of $95, cardholders can expect the following benefits (rates & fees):

  • Unlimited 2x miles on every purchase, every day
  • 5x miles on hotels, vacation rentals, and rental cars booked through Capital One Travel
  • Up to a $120 credit for Global Entry or TSA PreCheck
  • Miles never expire
  • Use your miles to get reimbursed for any travel purchase — or redeem by booking a trip through Capital One Travel
  • $50 experience credit to use toward rooftop drinks, signature hotel restaurants, room service, or other activities when booking a Lifestyle Collection hotel through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • No foreign transaction fees (rates & fees)

In addition, the Capital One Venture card provides excellent travel insurance in case of unexpected events, which is a valuable benefit considering its affordable annual fee.

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Final Thoughts

Here at Upgraded Points, we get super excited when a popular travel credit card decides to beef up its welcome bonus offer. The Capital One Venture card is a staple in many of our wallets, thanks to its simple-yet-rewarding earning rate and valuable transfer partnerships.

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

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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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