This Limited-Time Rewards Card Bonus Is Worth $1,000 on Travel
The Capital One Venture Rewards Credit Card (see rates and fees) has earned accolades from The Ascent as the best travel card overall. That’s because this card gives you a powerful unlimited 2X miles earned on every purchase. If you want a simple way to earn travel rewards with everyday spending, the Capital One Venture Rewards Credit Card can be a great choice.
And now, effective July 16, 2024, Capital One is sweetening the deal. If you apply for a new Capital One Venture Rewards Credit Card and qualify for its limited time welcome offer, you can get a total of $1,000 worth of travel rewards (terms apply). Here’s how.
Capital One Venture Rewards Credit Card: Welcome offer worth $1,000
The usual welcome offer from the Capital One Venture Rewards Credit Card is already one of the most generous that we’ve found. If you qualify as a new customer, and spend at least $4,000 within the first 3 months of opening your card account, you can get 75,000 Miles, which are worth $750 for travel when booked through Capital One.
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But for a limited time and starting July 16, 2024, Capital One is offering an even bigger reward for this welcome offer. If you make enough qualifying purchases to receive the 75,000 Miles, you will also get a one-time $250 Capital One Travel credit in your first year as a cardholder. That means new customers can use the Capital One Venture Rewards Credit Card limited time welcome offer to get $1,000 of travel bookings in the first year of using this card.
This welcome offer is exceptionally enticing. Very few travel rewards credit cards give you $1,000 of travel bookings for only $4,000 of qualifying purchases in 3 months — it’s like a 25% return on investment on your credit card spending.
Six more reasons to choose the Capital One Venture Rewards Credit Card
Along with this limited time $1,000 welcome offer, there are other good reasons to keep the Capital One Venture Rewards Credit Card in your wallet for the long term. Here are a few:
- 5X miles for hotel and rental car bookings through Capital One Travel
- 2X unlimited miles on other purchases
- Transfer your miles to more than 15 travel loyalty programs, including Choice Hotels® Choice Privileges® and frequent flyer programs for Air Canada, Air France, British Airways, and other international airlines
- No foreign transaction fees
- $50 experience credit for every Capital One Lifestyle Collection hotel stay
- Global Entry or TSA PreCheck credit (up to $100)
When you consider how easy this card is to use to earn rewards (2X miles on almost all purchases, with no limits), and how much extra value you get from the card, it could be worth paying the $95 annual fee. You can quickly recoup that $95 fee with a Global Entry or TSA PreCheck credit, not to mention the experience credits you can earn at Lifestyle Collection hotels.
Bottom line
The Capital One Venture Rewards Credit Card made our list of best travel credit cards for good reasons — and the welcome offer just got better. Instead of the usual 75,000 Miles in this card’s welcome offer (worth $750 of travel), qualifying customers can now earn a total of $1,000 of travel (75,000 Miles plus a one-time $250 Capital One Travel credit). You just have to open a new Capital One Venture Rewards Credit Card and make $4,000 of qualifying purchases in 3 months.
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