Capital One Venture Rewards Card 50,000 Miles Bonus

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The Capital One® Venture® Rewards Credit Card is a popular travel rewards card with a $95 annual fee (waived the first year) and a very straightforward rewards system. It rivals other top travel rewards credit cards such as the Chase Sapphire Preferred® Card and the British Airways Visa Signature ® Card.

Cardholders earn an unlimited 2X miles on every purchase. Until January 2020, you also receive 10X miles on purchases made through hotels.com/Venture. Miles earned can be redeemed for a variety of travel purchases.

New applicants can earn 50,000 bonus miles once you spend $3,000 on purchases within the first 3 months from account opening.

The Venture Rewards has always been the best for those who want to keep things simple due to its easy rewards program. Recently, it has changed that by adding in the ability to move your miles over to 14 airline partners. It’s still great for using miles to cancel out travel purchases on your statement without worrying about fidgeting with loyalty programs.

However, it now also allows you to diversify your collection of loyalty currencies and redeeming with some top airline programs.

If you’re interested for more offers from Capital One, check out all the ongoing Checking/Savings account bonuses!

Capital One Venture Rewards Card Summary

With the Capital One® Venture® Rewards Card: • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel • Earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture • Named ‘The Best Travel Card' by CNBC, 2018 • Receive up to $100 application fee credit for Global Entry or TSA Pre✔® • Fly any airline, stay at any hotel, anytime; no blackout dates. Plus transfer your miles to over 12 leading travel loyalty programs • Miles won't expire for the life of the account and there's no limit to how many you can earn • No foreign transaction fees • $0 intro annual fee for the first year; $95 after that Learn More About This Card

Earning The Venture Rewards 50,000 Bonus Miles

Earn 50,000 bonus miles after spending $3,000 on purchases within the first 3 months from account opening. If you think you’ll have trouble meeting the $3,000 spending requirement within 3 months of approval, below are some ideas that might help:

Earn An Unlimited 2X Miles

Earning miles on the Venture Rewards is very straightforward. It’s useful for those who don’t want to carry multiple cards. You’ll earn 2 miles for every dollar spent. There is no limit to how much you can earn.

However, there is one exception to this earning amount. Thanks to a partnership with Hotels.com that runs through January 2020, when you use the Venture Rewards to book and pay for hotels at Hotels.com using hotels.com/Venture, you’ll earn 10 miles for every dollar spent. That’s one of the best bonuses on hotel spending on any credit card in the market today.

In addition, you can participate in Hotels.com Rewards which is Hotels.com’s loyalty program. In this program, you can earn another 10% back on hotel purchases made at Hotels.com. Stacked together with the 10X miles earned on the Venture Rewards, you’re earning a 20% rebate on all hotels purchases at Hotels.com.

Redeem Rewards

Miles earned through Capital One Venture Rewards can be redeemed as account credits towards past purchases (within the last 90 days), your balance, as a check, gift cards, booking a trip, or charity.

The Venture Rewards is well-known for its Purchase Eraser option. This feature allows you to redeem miles to cover eligible travel purchase you’ve made with the card in the last 90 days. Eligible travel purchases include airline flights, hotel bookings or car rentals. There’s no minimum redemption amount. So even if you made a travel purchase for only $1.50, you can redeem 150 miles for it and have it disappear.

Transfer Miles

Recently, Capital One has given the option to transfer your Venture miles to a selection of airline partners:

Transfers are at a 2:1.5 (4:3) ratio for all partners. Emirates and Singapore have an exception of a lowered 2:1 ratio. Per these ratios, considering that you earn 2X miles on the card (on non-Hotels.com purchases), you’ll be getting 1 to 1.5 points or miles with an airline transfer partner for every dollar you spend. On Hotels.com purchases, you’ll be getting 5 to 7.5 points or miles with a partner program for every dollar you spend.

Once you transfer your points, there are many opportunities to earn even more value out of your points or miles. The cost in miles for flight bookings varies depending on the destination, time of travel, airline mileage program, etc. However, if you put in the time to search through different booking scenarios with different airlines, you could get much more value with your Venture miles.

However, if you don’t plan on messing with transferring, the more straightforward Purchase Eraser redemption option is always available.

Capital One Venture Rewards Benefits

$100 Global Entry / TSA PreCheck Credit: When you use your Venture card to pay for the Global Entry or TSA PreCheck application fee, you’ll receive a credit of up to $100. Global Entry costs $100, while TSA PreCheck costs $85. We recommend applying for Global Entry since it includes TSA PreCheck.

10X Miles At Hotels.com: Through January 2020, this card will earn 10 miles per dollar on hotel.com stays when you pay with your Venture card. You’ll need to book through hotels.com/venture. It can take up to 2 billing cycles for the full 10X miles to appear in your rewards balance.

No Foreign Transaction Fees: There are no foreign transaction fees with the Venture from Capital One.

Conclusion

Travel rewards cards are often complicated. But, the Capital One® Venture® Rewards Credit Card has made earning and redeeming rewards easy. Not only that, thanks to the addition of airline transfer partners, you can make miles earned more flexible.

Between the high 10X earning rate at Hotels.com, a Global Entry/TSA PreCheck application fee credit, and some nice redemption options with transfer partners, this card has a lot for a $95 fee that’s waived the first year.

If you still want to earn miles but you don’t want to pay an annual fee after your first year, check out the Capital One® VentureOne® Rewards Card. However, it earns lower rewards than this one.

If you’re interested in earning cash back or would like other ways to earn rewards, see our complete list of Credit Card Promotions for more!

Other Credit Cards To Consider

Great Bonus Offer & Better Ongoing Rewards Rate Overall:

Travel/Dining Rewards & Sign-Up Bonus:

With the Chase Sapphire Preferred® Card: • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards® • 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases. • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel Learn More About This Card Here

1.5% Rewards, No Annual Fee, Bonus Offer:

With the HSBC Cash Rewards Mastercard® credit card: • Earn unlimited 1.5% cash rewards on all purchases. • Earn an Introductory 3% Cash Back on all purchases in the first 12 months from Account opening, up to the first $10,000 in purchases • 10% Anniversary Bonus on all Cash Rewards earned once a year. • No Annual Fee. • 0% Intro APR for 12 months on purchases and balance transfers, then a 15.24%, 19.24% or 25.24% variable APR. • No Foreign Transaction Fees. • $0 liability for unauthorized purchases. • Terms Apply. • See Rates & Fees Apply Now at HSBC

Learn more about this card and find out how you can apply here.