What are the best Capital One Venture credit card benefits?

Capital One Venture travel insurance covers you for serious accidents caused by a travel provider. It also covers rental cars and lost or damaged luggage. Capital One Venture’s travel insurance benefits don’t cost extra, either. They’re covered by Venture’s $95 annual fee and kick in automatically when you pay for travel with the card. You just have to submit a claim if a covered event occurs.… read full answer

Here are the Capital One Venture travel insurance benefits:

• Travel Accident Insurance. Capital One will pay up to $250,000 for death or dismemberment caused by travel companies like airlines, trains and buses. Cardholders, their spouses and any dependents younger than age 18 are covered. For an incident to be eligible for coverage, you must have paid the entire fare with your Venture card or miles. There are a few exceptions to what’s covered, though, so it’s a good idea to read Capital One’s benefit guide.
• Lost Luggage Reimbursement. If your bags are lost by a travel provider or get stolen, you can get reimbursed for up to $3,000 per trip. This applies to both you and immediate family. But you must pay for the ticket(s) and any baggage fees with Capital One Venture to be eligible. There’s also a laundry list of items that are not covered, including art, animals, vehicles, sporting equipment, furniture and cell phones.
• Auto Rental Collision Damage Waiver. You’re insured for collision damage and theft when you rent certain types of vehicles with your Venture card. Capital One will pay up to the cash value of the vehicle. Notable exceptions include expensive and exotic cars, vans, motorcycles, trucks and limousines.

Capital One Venture travel insurance isn’t the most robust policy available from a credit card. But it’s solid, doesn’t cost you any extra money and isn’t a reason not to get the card. After all, you get Venture for the rewards and use the travel insurance when you have to.

The Capital One Venture airline partners are:

• Aeromexico (Club Premier)
• Air Canada (Aeroplan)
• Air France KLM (Flying Blue)
• Avianca Airlines (LifeMiles)
• Cathay Pacific (Asia Miles)
• Emirates (Emirates Skywards)
• Etihad Airways (Etihad Guest)
• EVA Air (Infinity MileageLands)
• Finnair (Finnair Plus)
• Qantas (Quantas Frequent Flyer)
• Singapore Airlines (KrisFlyer)
• British Airways (Avios)
• TAP Air Portugal (Miles&Go)… read full answer
• Turkish Airlines (Miles&Smiles)

Capital One Venture miles will count for a different number of airline miles after you transfer them, depending on which airline you choose. For example, 2 Venture miles will count for 1.5 Air Canada miles, which is a transfer ratio of 2:1.5. Other airlines will accept miles transfers at a ratio of 2:1 or 1:1.

The Capital One Venture has a $95 annual fee. Capital One Venture’s $95 annual fee is higher than the average annual fee among new credit card offers right now. It’s not the only fee you need to worry about with the Capital One Venture Rewards Credit Card, either.

Capital One Venture Fees… read full answer

• Annual Fee: $95
• Cash Advance Fee: 3% (min $10)
• Foreign Fee: $0
• Balance Transfer Fee: $0 at this Transfer APR
• Max Late Fee: $40