Maria Adams, Credit Cards Moderator
@m_adams
No, the Capital One Venture card isn’t only for traveling. You can use this card everywhere Mastercard is accepted and you will also earn rewards on all types of purchases. However, using this card for travel-related purchases and redeeming the miles you earn on travel will give you the most value.
Why Capital One Venture Is Best Used for Travel
- Ongoing rewards: Capital One Venture offers 5 miles / $1 spent on hotels, vacation rentals and rental cars booked through Capital One Travel. Cardholders get 2 miles / $1 spent on all other purchases.
- Rewards redemption: You can redeem your Capital One Venture miles for travel, cash back, and gift cards. The card's miles are worth 1 cent apiece when used to pay for travel but less when cashed in for a gift card or cash back.
- Travel-booking flexibility: Unlike many other travel rewards cards, Capital One Venture doesn’t force you to book rewards travel through Capital One. Instead, you can book wherever you want and then simply use your miles to pay for the purchase when it appears on your statement. This gives you the best redemption rate and allows you to focus on finding the best deal no matter which airline, hotel, or travel comparison site offers it. It's also worth noting that the Capital One Venture card allows you to redeem miles either before or after you pay for your travel expenses.
- Foreign transaction fee: Capital One Venture has a $0 foreign transaction fee, as is the case with all Capital One credit cards. This will save you on all purchases processed outside the U.S., whether you’re traveling or simply buying something from an international merchant.
The Capital One Venture card is worth it if you have at least good credit and you travel regularly but don’t want to be limited to one airline or hotel. At the same time, though, the card will give you unlimited rewards at a flat rate on all purchases.
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People also ask
How can you redeem Capital One Venture miles?
You can easily redeem Capital One Venture (see details, rates & fees) miles online, through the Capital One mobile app, or by phone. It is worth noting that you can redeem miles either before or after you pay for your travel expenses. You can also redeem miles for cash back and gift cards.
How to Redeem Capital One Venture (see details, rates & fees) Miles Online
- Log in to your account on either Capital One’s website or mobile app.
- Click on your rewards balance.
- Choose your redemption method.
- Follow...
Where can I find the Capital One Venture miles redemption chart?
There’s no official Capital One Venture miles redemption chart. But that’s because you don’t need one. It’s not that complicated. Capital One Venture miles are worth a penny each when redeemed for travel and half that when redeemed for gift cards or a statement credit. Since Venture gives you double miles on every purchase, that means you’re getting 2% back when you redeem for travel and 1% back otherwise.
So, it’s pretty easy to...
read full answer by Marshall Jamieson, WalletHub Finance ConsultantHow do Capital One Venture card rewards work?
Capital One Venture Rewards Credit Card (see details, rates & fees) rewards work by giving cardholders 2 - 5 miles per $1 spent. Cardholders can then redeem these rewards for travel expenses, gift cards, and cash back through the Capital One website or mobile app. Those are the basics, but there are a few other things to know about how Capital One Venture (see details, rates & fees) rewards work before you start earning and redeeming.
How Capital One Venture (see details, rates & fees) Rewards Work
- Earn rate on purchases: 5 miles per $1 spent on hotels, vacation rentals and rental cars booked through Capital One Travel, 5 miles per $1 spent on Capital One Entertainment purchases, and 2 miles per $1 on all other purchases
- Initial bonus: 75,000 miles for spending $4,000 in the first 3 months from account opening, plus $250 to use on Capital One Travel in the first year (limited-time offer)
- Redemption options: Travel expenses,...
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