Are you eligible for the Capital One Venture Rewards’ welcome bonus?
Editor's Note
The Capital One Venture Rewards Credit Card is a solid option for travel enthusiasts to earn Capital One miles for a modest $95 annual fee.
However, if you want to be approved for this card, you'll want to be sure you're eligible first. This is especially true if you already have other Capital One cards in your wallet.
Capital One recently tightened restrictions for approval across its Venture family of cards, making it even more important to review your standing before you apply. Here's everything you need to know.
Are you eligible to apply for the Capital One Venture?
There are multiple factors to consider if you're hoping to be approved for the Venture and receive its bonus, including the new changes to eligibility across the Venture lineup.
Capital One application rules
You have to wait six months between your Capital One card applications. So, if you've been approved for any Capital One card within the last six months, you'll need to wait if you want to be approved for the Venture.
What if I received a Venture card welcome bonus in the past?
If you've previously received the Venture's welcome bonus, you have to wait 48 months to be approved for the card and receive the bonus again.
What if I already have the Venture X or VentureOne cards?
This is where the most recent change kicks in. Capital One's recent Venture lineup family rule applies the 48-month rule when you move "down" within the Venture suite, in terms of annual fees.
So, if you've earned the bonus on the Capital One Venture X Rewards Credit Card ($395 annual fee) in the last 48 months, you aren't eligible for the Venture card or its bonus. However, if you've earned the bonus on the no-annual-fee Capital One VentureOne Rewards Credit Card, you are still eligible to be approved for the Venture and its bonus — since you're going "up the ladder" with regards to annual fees.
Here's what the card's terms have to say about this:
"You are not eligible for this product if you have received a new cardmember bonus for the Capital One Venture card or the Capital One Venture X card in the past 48 months."
What credit score do I need to qualify for the Venture?
TPG recommends a minimum score of 670 for approval for the Venture Rewards, although individuals with lower scores have also been approved.
Capital One specifically mentions that you should have excellent credit to qualify. Still, we've seen multiple reports of people getting approved despite having a credit score below 670. So, it may be worth applying even if you're below that mark.
If you have exceptionally low credit or no credit, it's best to wait and apply for a credit-building card instead.
Related: Credit card showdown: Capital One Venture vs. Capital One Venture X
Capital One Venture Rewards details
If you're interested in applying for the Venture, here are the basics to know about the card.
Current welcome bonus
New applicants can earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening. Plus, upon approval, you'll receive a $250 Capital One Travel credit to use during your first year.
TPG's November 2025 valuations deem the total value of this bonus at $1,638.
There are two primary ways to redeem these miles. One option is to redeem them at a flat rate toward any travel-related expenses on your statement. This includes future bookings through the Capital One Travel portal, parking fees, rental cars and ride-hailing services, among multiple other types of travel. This redemption method offers a flat rate of 1 cent per mile.
A more advantageous alternative could involve transferring your miles to Capital One's 15-plus transfer partners. Most partners offer a straightforward transfer ratio of 1:1. By transferring your miles to a highly lucrative partner, such as Air Canada Aeroplan or Air France-KLM Flying Blue, you can easily get significant value out of your miles.
Annual fee
The Venture has an annual fee of $95, which feels reasonable given this card's perks.
Earning
The Venture Rewards presents an earning rate that's simple yet rewarding. You'll earn:
- 5 miles per dollar spent on hotels, rental cars and vacation rentals booked through Capital One Travel
- 2 miles per dollar spent on all other eligible purchases
This card is a great option for those who don't want to track multiple bonus categories and instead prefer earning a flat reward rate on most purchases.
Other benefits
Beyond the welcome bonus, here are the ongoing benefits of the Venture Rewards:
- Auto rental collision damage waiver
- No foreign transaction fees
- Travel with accident insurance
- Up to $120 application fee credit for Global Entry or TSA PreCheck
Related: 7 types of purchases you should make with your Capital One Venture Rewards card
Bottom line
The Venture is a fantastic card for frequent travelers at a modest annual fee. Unfortunately, Capital One has rolled out more application restrictions regarding those who already have Venture cards and want to apply for the Venture and receive the bonus.
However, if you haven't received a bonus on the Venture or Venture X in 48 months, wait six months between Capital One card applications and have a TPG-recommended credit score of at least 670, this solid rewards card will likely be yours.
To learn more, read our full review of the Venture.
Learn more: Capital One Venture Rewards Credit Card
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
TPG featured card
at American Express's secure site
Terms & restrictions apply. See rates & fees.
| 3X | Earn 3X Miles on Delta purchases. |
| 1X | Earn 1X Miles on all other eligible purchases. |
Pros
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- Ability to earn MQDs through spending
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Cons
- Steep annual fee of $650
- Other Delta cobranded cards offer superior earning categories
- Earn 100,000 Bonus Miles after you spend $6,000 or more in purchases with your new Card within the first 6 months of Card Membership and an additional 25,000 bonus miles after you make an additional $3,000 in purchases on the Card within your first 6 months, starting from the date that your account is opened. Offer Ends 04/01/2026.
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- $650 Annual Fee.
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- Terms Apply.
- See Rates & Fees