Best rewards card for non-bonus spending

The Capital One Venture Rewards Card is a great choice for beginners and experts looking for an easy way to earn miles without having to manage rotating bonus categories. Capital One miles are currently valued higher than most and can be transferred to a decent amount of partners. (Partner offer)

At a glance

  • 5X Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • 2X Earn unlimited 2X miles on every purchase, every day.
75,000 miles
New Venture cardholders can earn 75,000 miles once they spend $4,000 on purchases within 3 months from account opening
18.99% - 26.99% (Variable)
None
26.99% (Variable)
18.99% - 26.99% (Variable)
N/A
N/A
$95
  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
  • Earn unlimited 2X miles on every purchase, every day

At a glance

  • 5X Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • 2X Earn unlimited 2X miles on every purchase, every day.
75,000 miles
New Venture cardholders can earn 75,000 miles once they spend $4,000 on purchases within 3 months from account opening
18.99% - 26.99% (Variable)
None
26.99% (Variable)
18.99% - 26.99% (Variable)
N/A
N/A
$95
  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • 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 $100 credit for Global Entry or TSA PreCheckĀ®
  • Enjoy two complimentary visits per year to Capital One Lounges or to 100+ Plaza Premium Lounges through our Partner Lounge Network
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchaseā€”or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs

Our Take

TPG Editor's Rating

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4.5/5

Overview

If you’re looking for a credit card that provides simple ways to earn rewards and plenty of ways to redeem them, look no further than the Capital One Venture Rewards card. Cardholders can transfer points to 15+ transfer partners, and use miles to pay for travel purchases made within the last 90 days. Even though this is a fixed rate card, it is still one of the most valuable, based on the value of miles.

Pros

  • This flexible rewards card delivers a solid sign-up bonus of 75,000 miles, valued by TPG at $1,388.
  • You'll earn 2x on every purchase, which means you won't have to worry about memorizing bonus categories.
  • Rewards earned are versatile as they can be redeemed for any hotel or airline purchase for a statement credit or transferred to 15+ travel partners.

Cons

  • Transfer ratios to most partners are mediocre at less than 1:1 ratio.
  • Capital One airline partners do not include any large U.S. airlines.

Who is this card good for?

This credit card is a great pick for beginners and points and miles experts alike. Since this card earns miles at a fixed rate it’s easy for beginners to collect miles. Those with a bit more experience who are looking for a fixed rate card can easily use Capital One Venture Rewards card to cover miscellaneous travel purchases or gain the ability to leverage Capital One’s transfer partners.

Earning Rewards

The Capital One Venture Rewards Card is one of the most valuable rewards cards for everyday spending. It earns 2 miles on every dollar spent and based on TPG’s valuations you’re receiving around 1.85 cents for every dollar. You can redeem miles by transferring them to any of Capital One’s 19 transfer partners of hotels and airlines. You can also redeem them for 1 cent each as a statement credit for any travel related purchases made in the last 90 days.

Frequently asked questions

  • What are some extra perks that come with the Capital One Venture Rewards Card?

    This card also comes with an up to $100 application fee credit for Global Entry or TSA PreCheck. Capital One is also introducing new domestic airport lounges that cardholders will have access to. Another benefit is that this card has no foreign transaction fee and provides travel insurance, car rental insurance and purchase protections. Benefits only available to accounts approved for the Visa Signature card. Terms apply.

  • Is this card worth it?

    Capital One Venture Rewards card has a $95 annual fee, which is much lower than most of its competitors. Even though it has a fixed rate earning, this card’s miles have a higher value than most, based on TPG’s valuations.