by Emily Thompson, Newsletter & Partnerships Editor
It’s been an exciting spring, with some of the best card welcome offers we’ve seen in years. But just like the seasons, all great offers must eventually come to an end.
For now, new cardholders can earn a staggering 350,000 bonus miles: 150,000 miles after spending $30,000 in the first three months and an additional 200,000 miles after spending $200,000 in the first six months from account opening.
It’s worth an unbelievable $6,475 according to our May 2025 valuations, thanks to the option to transfer these miles to Capital One’s 15-plus hotel and airline partners.
And even beyond the welcome bonus, this is a card worth keeping in your wallet year after year. With it, you’ll earn at least 2 miles per dollar spent on all purchases — from pens to travel and everything in between.
Even though the card has a $395 annual fee, you’ll get more than that in value, such as an annual $300 credit toward travel booked through Capital One Travel and unlimited access to Capital One Lounges and Landings as well as Priority Pass lounges. Plus, you’ll get 10,000 bonus miles each year on your account anniversary — worth $185 according to our latest valuations.
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The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Please view our advertising policy and product review methodology for more information.
Editorial Note: Opinions expressed here are the 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.
