January 5th, 2014

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Update: Some offers mentioned below are no longer available. View the current offers here – Capital One Venture Rewards Credit Card, Barclaycard Arrival Plus World Elite MasterCard

The Capital One Venture Card usually carries a bonus of between 10,000-20,000 points, but for a limited time, it appears there is a credit card offer out there where you can earn 50,000 points when you apply and spend $3,000 within the first three months, and the $59 annual fee is waived the first year.

This card earns 2X miles per $1 on every purchase, and you can redeem those miles for 1 cent apiece towards travel expenses, so including the minimum spending requirement, you’re looking at 56,000 points – the equivalent of $560 to put toward travel redemptions.

Now, Capital One has had sign-up bonuses of up to 100,000 points with this card, but it’s been nearly two years since we’ve seen an offer like that, and this is the highest it’s been for a while, so if you’ve been waiting to get this card, now is probably the time.

That said, if you’re in the market for a fixed-value travel card like this to help pay down travel purchases you can’t normally use regular airline miles or hotel points for, like train travel, rental cars, B&B’s, cruise expenses and award ticket fees, you might want to also consider the Barclaycard Arrival instead. That card currently comes with a sign-up bonus of 40,000 miles equivalent to $440 in travel redemptions, and only has a minimum spending requirement of $3,000 in the first 90 days, it also earns 2X miles on every $1, and its $89 annual fee is waived the first year.

For more information, check out these posts:

Maximizing Fixed Value Travel Credit Cards
Barclaycard Arrival Bonus Hits 40,000 Miles
Details on the Barclaycard Arrival Travel Redemptions
Capital One Venture and VentureOne Bonuses Up To 20,000 Miles

Hat tip: FlyerTalk.

Chase Sapphire Preferred® Card

Even after the introduction of the Chase Sapphire Reserve, the Chase Sapphire Preferred is still a fantastic choice if you want to avoid the Reserve’s $450 annual fee, earn 2x on all travel & dining and earn a 50,000 point sign up bonus.

Apply Now
More Things to Know
  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
  • Named Best Credit Card for Flexible Travel Redemption - Kiplinger's Personal Finance, July 2016
  • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
  • Earn 5,000 bonus points after you add the first authorized user and make a purchase in the first 3 months from account opening
  • No foreign transaction fees
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 50,000 points are worth $625 toward travel
  • No blackout dates or travel restrictions - as long as there's a seat on the flight, you can book it through Chase Ultimate Rewards
Intro APR on Purchases
N/A
Regular APR
16.49% - 23.49% Variable
Annual Fee
Introductory Annual Fee of $0 the first year, then $95
Balance Transfer Fee
5.00%
Recommended Credit
Excellent Credit

Editorial Disclaimer: Opinions expressed here are author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.