Capital One Venture Rewards welcome offer: 75k miles & $250 credit (last call)

Update 5/9/25: It’s been a good run, but this increased offer will be ending on 5/12/25, both directly and for referral links. If you’re looking for some Venture love, now’s the time to jump. For some time, we were displaying reader referral links for this offer, but those only go to the Capital One pre-approval tool, which was junk and didn’t allow most people to actually apply for the offer. Because of that, we’ve replaced those with direct links.

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Capital One is once again offering a $250 Capital One Travel credit on top of 75,000 miles for new Venture Rewards cardholders.

The Offer & Key Card Details

Card Offer and Details

Capital One Venture Rewards Credit Card ⓘ $1205 1st Yr Value Estimate$250 travel credit valued at $220 Click to learn about first year value estimates 75K Miles + $250 travel credit Non-AffiliateThis is NOT an affiliate offer. 75k miles after $4k spend within first 3 months + $250 Capital One Travel credit (Offer Expires 5/12/2025)$95 Annual Fee Learn more Alternate Offer: Some links will sometimes display a better 100K offer. Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. FM Mini Review: This card earns 2 "miles" per dollar, which are worth exactly 1 cent each toward travel. This makes the return on spend similar to a 2% cash back card (though in this case you must redeem your miles to offset travel in order to get 1 cent per mile). One big advantage over cash back: Capital One allows transfering their "miles" to airline miles & hotel points. Click here for our complete card review Earning rate: 2X miles everywhere ✦ 5X miles on hotels, vacations rentals and rental cars booked via Capital One Travel Base: 2X (2.9%) Other: 5X (7.25%) Card Info: Mastercard issued by CapOne. This card has no foreign currency conversion fees. Noteworthy perks: Receive up to $120 application fee credit for Global Entry or TSA PreCheck® ✦ Redeem miles for travel at value of 1 cent per mile ✦ Convert "miles" to airline miles & hotel points ✦ No foreign transaction fees

Quick Thoughts

This is a very compelling offer from Capital One. Earning 75,000 transferable miles was already a good offer, so getting an additional $250 of credit to use on Capital One Travel during your first year of card membership is excellent.

That $250 travel credit can be used for flights, hotels, car rentals, etc. If your plan is to book a hotel stay, be aware that the hotel chain will regard the booking as an Online Travel Agency (OTA) booking and so you won’t earn points, receive status benefits, etc. That’s not a concern when booking flights or rental cars though.

Be aware that this offer is on the Venture Rewards card, not the Venture X. Also be aware that the $250 credit is only available in your first cardholder year; it’s not like the Venture X’s $300 credit that’s available every year.

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