The Capital One Venture Rewards Card is a travel card designed to help you rack up miles on everyday spending and redeem them flexibly.
This guide covers how earning works, smart ways to redeem, key perks, rates and fees, and how to reach Capital One if you need support.
How to Earn Miles Efficiently
Gain the most Capital One Venture Rewards Card miles in your own way.
1) Put all general spending on Venture (2X everywhere)
You earn 2 miles per dollar on every purchase with no caps.
That flat-rate structure keeps earning simple; you don’t have to juggle categories to make good progress toward trips.
2) Use Capital One Travel for hotels, vacation rentals, and car rentals (5X)
Bookings made through Capital One Travel earn 5X miles.
The portal also features price-prediction tools, price-drop protection, and a price-match guarantee on eligible bookings, which can help you stretch your travel budget.
3) Leverage the Global Entry/TSA PreCheck credit
When you pay the application fee for Global Entry or TSA PreCheck with Venture, Capital One automatically issues a statement credit up to $120
Once every four years, posted within two billing cycles if your account is open and in good standing.
That saves cash and reduces airport friction on future trips.
4) Don’t overlook side benefits
Eligible Venture cardholders receive Hertz Five Star status (enrollment required via your Capital One account), which can make car rentals smoother.
There are also built-in protections like Auto Rental Collision Damage Waiver and Travel Accident Insurance described in your Guide to Benefits.
Always review the Guide to Benefits for coverage definitions and exclusions.
How to Redeem Venture Miles (and get solid value)
There are many ways to redeem your miles on the Capital One Venture Rewards Card.
Option A: “Cover travel purchases” (Purchase Eraser)
After you make a qualifying travel purchase with your Venture card, you can redeem miles to erase that charge as a statement credit.
Capital One’s example values show about 1 cent per mile when used this way.
This method is popular because you can book travel wherever you want and redeem it later. (Values can vary by redemption type.)
Option B: Book through Capital One Travel
You can use miles directly in the Capital One Travel portal for flights, hotels, vacation rentals, and cars.
The same traveler-friendly tools (price prediction, price-drop protection, and price match) apply to eligible bookings.
Option C: Transfer to airline and hotel partners
Capital One supports transfers to 15+ programs. Most partners transfer 1:1, but a few use different ratios (some carriers transfer at 2:1.5 and 5:3).
Check the partner list and ratios in your account before transferring, as partners and ratios can change.
Transfers can unlock outsized value on premium cabin awards when you find saver availability.
Practical Earning Strategies
Make Venture your daily driver to capture 2X on everything that doesn’t earn a higher bonus elsewhere.
Then funnel travel bookings (hotels, vacation rentals, car rentals) through Capital One Travel for 5X.
Time redemptions with big trips. Book how you like, then apply miles to cover those purchases—or transfer to partners when you’ve found.
Use the TSA PreCheck/Global Entry credit every four years and consider it part of the card’s net value.
Rates & Fees (summary)
Rates vary by creditworthiness and can change; confirm current terms when you apply.
- Annual fee: $95.
- Purchase & balance transfer APR: 19.99%–28.99% variable.
- Cash advance APR: 28.99% variable.
- Cash advance fee: Either $5 or 5% of the cash advance amount, whichever is greater.
- Balance transfer fee: No fee with the standard transfer APR; 4% on each balance transferred at a promotional APR (when offered).
- Foreign transaction fees: None.
How to Reach Capital One (phone & address)
General help / Routing: 1-877-383-4802
Credit card customer service (existing accounts): 1-800-CAPITAL (1-800-227-4825)
From outside the U.S. (collect): 1-804-934-2001
Corporate headquarters mailing address: Capital One Financial Corp 1680 Capital One Drive McLean, VA 22102-3491, United States
Is the Capital One Venture Rewards Card Right for You?
It works best for travelers who value flexible redemptions—either erasing any travel purchase or transferring to partners for potential high-value awards.
If you want broader premium perks (airport lounges, travel credits), compare with Venture X; if you prefer no annual fee, look at VentureOne.
Reviewing Capital One’s comparison pages can help you see the differences quickly.
| Card | Annual fee | Everyday earn | Portal / travel earn | Key perks & credits | Best for |
|---|---|---|---|---|---|
| Capital One Venture Rewards | $95 | 2× miles on all purchases | 5× miles on hotels, vacation rentals & car rentals via Capital One Travel | Up to $120 Global Entry/TSA PreCheck credit (every 4 yrs), Hertz Five Star, no blackout dates | Simple, flat-rate earning with flexible redemptions. |
| Capital One Venture X | $395 | 2× miles on all purchases | 10× hotels & car rentals via Capital One Travel; 5× flights (and vacation rentals) via portal | $300 annual Capital One Travel credit, 10k anniversary miles, Capital One & Priority Pass lounge access, Global Entry/TSA PreCheck credit | Heavy travelers who value lounge access and large annual credits. |
| Chase Sapphire Preferred | $95 | 1× on other, plus 3× dining, 3× online grocery, 3× select streaming | 5× on travel via Chase Travel; 2× other travel | $50 annual hotel credit via Chase Travel, strong travel protections, 1:1 point transfers (Hyatt, United, etc.) | Mix of category bonuses and valuable transfer partners. |
| Citi Strata Premier | $95 | 3× at restaurants, supermarkets, gas & EV charging | 10× hotels, car rentals & attractions via Citi Travel; 3× air travel & other hotel purchases | $100 annual hotel benefit on $500+ Citi Travel booking; travel protections; points transfer options | Broad everyday categories + strong portal earn rate. |
| Amex Green | $150 | 3× on travel, 3× transit, 3× restaurants | — (book via AmexTravel if you want) | Up to $209 CLEAR Plus credit; no FX fees; Amex protections & Pay Over Time | Frequent city/air travelers who value CLEAR and 3× categories. |
| Capital One VentureOne | $0 | 1.25× miles on all purchases | 5× hotels, vacation rentals & car rentals via Capital One Travel | No annual fee; access to transfer partners; no FX fees | Beginners who want no fee and simple earning. |
Conclusion
The Capital One Venture Rewards Card delivers daily spend at 2X, and route hotel/car bookings via Capital One Travel to capture 5X.
When it’s time to redeem, start with a purchase eraser for easy value or transfer to partners when a good award opens up.
Keep an eye on rates and terms, then decide if the $95 annual fee makes sense for your travel goals.
Disclaimer: Information in this article is for educational purposes only and may change without notice. Card APR ranges, fees, benefits, transfer partners/ratios, and promotions are determined by Capital One and can be updated at any time. Always review the latest pricing & terms and disclosures on Capital One’s official site and in your personal cardholder agreement/offer before applying or redeeming.
