Capital One Venture Rewards welcome offer giving $250 travel credit on top of 75k miles

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 ⓘ $1201 1st Yr Value Estimate 75K Miles + $250 Travel Credit ⓘ Friend-Referral 75k miles after $4k spend within first 3 months + $250 Capital One Travel credit in first cardholder year$95 Annual Fee Alternate Offer: Avelo Airlines is offering an additional $200 of Avelo statement credits & priority boarding for your first year Click here for details 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. Recent better offer: Expired 9/9/24: 75K after $4K spend in 3 months + $250 Capital One Travel credit in first cardholder year 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 Learn more or apply

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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