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[Expired] Ending Soon: Capital One Venture Card Offering 75k Miles + $250 Travel Credit

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Juan Ruiz
Edited by: Stella Shon
& Jestan Mendame
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Update:

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

The Capital One Venture Rewards Credit Card is among the most popular mid-tier credit cards available. After all, the Capital One Venture card has a modest $95 annual fee, offers excellent benefits, and earns 2x miles on every purchase, every day (rates & fees).

Furthermore, Capital One boasts an impressive list of transfer partners, allowing cardholders to extract significant value by transferring and redeeming miles for travel with 1 of the many airline and hotel travel partners.

And right now, the Capital One Venture card is offering a limited-time welcome offer: 75,000 bonus miles after you spend $4,000 on purchases within the first 3 months of account opening, as well as a $250 Capital One Travel credit in your first cardholder year. However, this offer is ending on September 9, 2024, meaning it’s time to take a hard look at this bonus and consider applying before it goes away.

It has been a while since we’ve seen such an awesome welcome offer from this card. Let’s check out the details.

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Elevated Capital One Venture Card Welcome Bonus Offer

Until September 9, 2024, the Capital One Venture card is offering an elevated welcome bonus offer. Upon approval, new cardholders can earn 75,000 miles after spending $4,000 on purchases in the first 3 months, plus a 1-time $250 Capital One Travel credit in their first cardholder year — that’s equal to $1,000 in travel!

Capital One miles are worth 1 cent each when redeemed for travel, either directly through Capital One Travel or as a statement credit towards travel purchases.

However, based on our valuations, 75,000 Capital One miles could be worth $1,350, due to the program’s numerous airline and hotel transfer partners, which you can easily leverage for further value.

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 — or more!

Hot Tip:

Capital One miles offer a wide range of redemption options due to their flexibility. Here are some of the best ways to redeem Capital One miles for maximum value.

Benefits of the Capital One Venture Card

The Capital One Venture card is a great rewards card for frequent travelers who don’t want to be tied to a certain hotel or flight loyalty program and want a straightforward way to earn miles.

Cardholders have the opportunity to transfer miles to a variety of Capital One transfer partners, including Avianca Lifemiles, Air Canada Aeroplan, Air France-KLM Flying Blue, and more.

This allows them to maximize the value of their miles, whether they want to enjoy a luxurious business class flight to Europe or book economy tickets for the whole family to explore South America.

TK 787 Business Class Cabin.
Transferring Capital One miles to partner Turkish Airlines allows you to book a business class ticket from the U.S. to Istanbul for only 45,000 miles one-way. Image Credit: Juan Ruiz

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 $100 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.

Through September 9, new applicants for the Capital One Venture card can earn 75,000 bonus miles after spending $4,000 on purchases within the first 3 months of account opening, as well as a $250 Capital One Travel credit in their first cardholder year.

If you’ve been thinking about signing up for this valuable card, now could be a great time to take the plunge.

For Capital One products listed on this page, some of the 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 Juan Ruiz

Juan is a leading expert in credit cards, loyalty programs, and airlines and hotels, with over a decade of experience helping readers and clients maximize points, miles, and travel value. His insights have appeared in prestigious outlets including USA Today, Travel & Leisure, CNN Underscored, Forbes, and The Points Guy, where he’s known for making complex travel strategies accessible and actionable. As the founder of JetBetter, Juan turns the complex world of points and miles into effortless, high-value travel, guiding clients through award redemptions, uncovering maximum value, and delivering stress-free, expertly planned trips that both travelers and industry insiders rely on.

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