Is the Capital One Venture card worth it?

In our view, the Capital One Venture card is one of the best credit cards on the market thanks to its combination of bonus categories, the strength and flexibility of the Capital One miles program, and its perks and benefits for a reasonable annual fee. Whether you’re just getting started in the world of points and miles or are a seasoned pro, the Capital One Venture card is likely worth considering.

Is it hard to be approved for the Capital One Venture card?

Generally speaking, you should have strong approval odds if you have a credit score of 670 or higher. Capital One will also consider your income, the number of cards you’ve opened recently, your history with Capital One, and other qualifying factors.

How much are 75,000 Capital One miles worth?

That depends on how you redeem them. If you redeem them for cash-back you’ll receive a redemption rate of 0.5 cents per point, making 75,000 miles worth $375. If you redeem them through Capital One Travel, you’ll receive a redemption rate of 1 cent per point, making 75,000 miles worth $750. But if you redeem them through the Capital One transfer partners, you can potentially get far more value. Redemptions of 2+ cents per mile are very common.

What airlines can you use your Capital One miles on?

You can transfer your Capital One miles to many airline partners, including Air Canada Aeroplan, Air France-KLM Flying Blue, British Airways, Emirates, JetBlue, and more. However, if you plan to use your Capital One miles through Capital One Travel, you can book a flight with any airline bookable through the platform.

What are the benefits of the Capital One Venture card?

Some of the best benefits of the Capital One Venture card include the ability to earn 2x to 5x miles on your purchases, a Global Entry/TSA PreCheck credit, no foreign transaction fees (rates & fees), card protections, and access to the Capital One transfer partners.

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What Is the New Capital One Venture Welcome Bonus Offer Worth?

Updated: March 19, 2025, 4:27pm CDT

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Table of Contents

Capital One Venture Card Overview
1. Redeem for Cash-Back: $625
2. Redeem Through Capital One Travel: $1,000
3. Redeem With Capital One Transfer Partners: $1,600+
Final Thoughts

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The Capital One Venture Rewards Credit Card, one of the best credit cards on the market, has an improved welcome bonus offer:

Earn 75,000 miles after spending $4,000 within the first 3 months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year – that’s equal to $1,000 in travel.

The latest welcome offer is separated into Capital One Miles and a travel credit, with the latter valid for 1 year. Given that Capital One Miles offer flexible redemptions, you might wonder how much value you can receive from this welcome offer.

Unsurprisingly, that all depends on how you redeem your rewards. In this post, we will walk you through some of the top redemption options so you can decide which is best for you.

Capital One Venture Card Overview

LIMITED TIME OFFER

Terms Apply / Rates & Fees

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 75,000 miles once you spend $4,000 within the first 3 months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year – that’s equal to $1,000 in travel.
75,000 miles + $250 travel credit

UP's Offer Valuation*:
$1,600

Annual Fee

$95

APR

Purchases: 19.99% - 29.99% (Variable)

Credit Recommended

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

$95 annual fee (rates & fees)
Limited elite benefits

Read Full Review

Card Highlights

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, 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: Purchases: 19.99% - 29.99% (Variable)
Foreign Transaction Fees: None

Rewards Center

Capital One Miles

New cardholders of the Capital One Venture card can enjoy the following benefits for a $95 annual fee (rates & fees):

Welcome bonus offer: Earn 75,000 miles after spending $4,000 within the first 3 months of account opening, plus receive a one-time $250 Capital One Travel credit in your first cardholder year – that’s equal to $1,000 in travel.
5x miles on hotels, vacation rentals, and rental cars booked through Capital One Travel
2x miles on all other purchases
Up to a $120 Global Entry or TSA PreCheck application fee credit
Access to Capital One Offers and Capital One transfer partners

But how much is this introductory welcome offer worth? Let’s break down some of your options.

1. Redeem for Cash-Back: $625

One option for redeeming 75,000 miles earned with the welcome bonus offer is cash-back or a statement credit to offset purchases made with your card. We don’t recommend this redemption option unless you need cash.

Capital One only offers a 0.5 cent per mile redemption value when you redeem your miles this way, making 75,000 Capital One miles worth just $375. Of course, the value of the $250 Capital One Travel credit wouldn’t be impacted here — making the total value you’d receive $625.

2. Redeem Through Capital One Travel: $1,000

Redeeming your Capital One miles through the Capital One Travel portal would be a much better option as your redemption value doubles, giving you a value of 1 cent per mile. Better yet, you’ll find plenty of options for purchasing through Capital One Travel, including flights, hotels, rental cars, and cruises.

This means your 75,000 Capital One miles would be worth $750 in Capital One Travel value. When combined with your $250 Capital One Travel credit, you’d receive a total value of $1,000 toward Capital One Travel purchases.

Hot Tip:

You can also redeem your Capital One miles to cover eligible travel purchases on your statement within 90 days at the same rate — without requiring the purchase to be made through Capital One Travel. Whether you’re booking airfare or train tickets, Capital One miles can be redeemed at a simple value of 1 cent per mile.

3. Redeem With Capital One Transfer Partners: $1,600+

However, the absolute best way to redeem Capital One miles is with Capital One transfer partners. You can book luxury experiences like first class and business class flights or 5-star hotel stays for a fraction of what they usually cost. This is why we value Capital One miles at 1.8 cents per mile.

You can transfer 70,000 Capital One miles to Qatar Airways Avios to book a one-way ticket between the U.S. and Doha in what many consider the world’s best business class — Qatar QSuites. If you were to pay cash, this ticket typically costs $10,000+, giving you a value of over 14 cents per mile.

Qatar Airways Qsuites. Image Credit: Katie Seemann

Plus, you’ll still have the full $250 Capital One Travel credit, which you could use to book a hotel at your destination, a rental car, or something in between. Overall, this should make the combined value of the Capital One Venture card welcome offer well over $1,600, depending on how you redeem your miles.

Final Thoughts

Ultimately, the value of the limited-time welcome bonus offer on the Capital One Venture card depends on how you redeem your points.

At the low end, you should get at least $625 if you redeem your miles for cash-back and use the Capital One Travel credit, though we really don’t recommend this option. Using your miles and 1-time credit through Capital One Travel could give you $1,000 in value, or upwards of $1,600+ if you use the Capital One transfer partners. The choice is yours!