Michael Battle, WalletHub Credit Card Analyst
You earn Capital One Venture miles, not points. But it doesn’t really matter. Plenty of travel rewards credit cards offer points, and plenty of others give you miles. The key is that you’re not earning cash back, which means you need to figure out how much your miles are worth.
Here’s more info about Capital One Venture miles:
Fortunately, Capital One Venture miles aren’t like most other credit card miles. You don’t have to use them with a particular travel provider or on a certain website. Plus, how much value you’ll get isn’t a mystery. Capital One Venture miles are worth a penny apiece when used to pay for any travel purchase made with your card, once that purchase shows up on your statement.
Since Capital One Venture gives you 2 - 5 miles per $1 spent, you’re basically getting 2% to 5% cash back on everything when you redeem for travel. You can also redeem Capital One Venture miles for a gift card or statement credit, but they’re worth half as much that way.
How Capital One Venture compares to other cards:
For comparison, most credit cards give you 1 point or mile per $1, or 1% cash back. Needless to say, Capital One Venture is one of the best travel credit cards out there and probably one of the best cards overall. Just remember that you need good credit to qualify. You also need to take a flight or stay in a hotel regularly to make the most of your miles.
Capital One Venture Rewards Credit Card
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