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| Capital One keeps dropping big offers |
| by Brian Kelly |
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Hey everyone,
Brian Kelly, The Points Guy, here. I’m taking over the Daily newsletter this morning to bring you up to speed on a big (and lucrative) trend we’re seeing this year.
Back in the spring, we saw a bonanza of huge Chase credit card offers all rolling out at once. Now, apparently, it’s Capital One’s turn, with the issuer sporting multiple offers worth thousands of dollars in value for a limited time. Let’s dive in.
Just yesterday, a massive limited-time offer launched on the Capital One Venture X Business. The upshot is you could earn up to 300,000 bonus miles plus a $1,000 travel credit, which is more than double the previous bonus of “just” 150,000 bonus miles.
That’s one of the biggest offers we’ve seen all year. But it’s actually not the only increased Capital One bonus right now — which is why I want to break both down for you.
First, let’s talk about those 300,000 bonus miles you can grab on the Capital One Venture X Business, as they are earned in two parts:The full 300,000-mile bonus and $1,000 Capital One Business Travel credit could be worth an impressive $6,550 (according to TPG’s Oct. 2026 valuations) if you maximize the miles through Capital One’s airline and hotel transfer partners by booking things like:- Lie-flat business class to Europe on Air France or KLM from 60,000 miles transferred to Flying Blue.
- Domestic flights on United Airlines from 10,000 miles or even United-operated flights to Hawaii from 15,000 miles, when transferred to partner Avianca Lifemiles (both plus taxes and fees).
But you don’t have to transfer the miles to get substantial value. You can also redeem Capital One miles at 1 cent apiece to cover any eligible travel purchases you put on the card.
That way of redeeming is as easy as it gets — making 300,000 miles worth $3,000 toward travel. Add the $1,000 credit, and you’re looking at $4,000 in straightforward travel value, which is still an enormous return for a card with a $395 annual fee.
And the Venture X Business has plenty going for it beyond the welcome bonus:- A $300 annual Capital One Business Travel credit for eligible bookings.
- 10,000 anniversary bonus miles each year, worth $185 according to TPG’s valuations.
- Earn unlimited 2 miles per dollar on everyday purchases.
- Included access to Capital One’s excellent airport lounge network, including the Capital One Landings at LaGuardia and Reagan National, where I’d definitely recommend arriving hungry.
But while this is one of the biggest welcome offers of the year, this huge bonus won’t be the right deal for everyone. That’s both because it is a business card and because it requires $120,000 in spending in four months to earn the full bonus.
That’s a hefty spending requirement, for sure. But if you have a big project coming up, or (like me) own multiple businesses, it could be within reach.
And if you’re not a big spender, no worries, because there’s another offer right now that I’m also a big fan of.
The Capital One Venture Rewards Credit Card is also offering its largest welcome offer of the year. And this card is an excellent match for almost everyone who is eligible.
New cardholders can earn 75,000 bonus miles after spending $4,000 on purchases in the first three months, plus a limited-time $300 Capital One Travel credit valid for hotels and vacation rentals booked during your first year.
That’s a much more manageable spending requirement, and the bonus rewards are still substantial.
Those 75,000 bonus miles alone are worth at least $750 toward eligible travel purchases. Add the $300 travel credit, and that’s $1,050 in straightforward travel value from a card with just a $95 annual fee.
Both bonuses are great, but the best credit card offer is the one you can actually earn and put to good use. If your expenses can get you the full 300,000-mile bonus on the Venture X Business, I’d absolutely recommend going for it — that’s a tremendous deal.
Otherwise, don’t overlook the increased offer on the Venture Rewards card. With a welcome offer worth at least $1,050 toward travel, it’s a great deal on a no-brainer card — but it won’t be around forever.— BK
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| Photo Credit: THE POINTS GUY. |
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