I Have the Venture Card -- Here's Why I'd Apply Again Before the Bonus of up to $1,000 Disappears on May 13

Motley Fool
05-08

KEY POINTS

  • The additional Capital One Travel credit is ending May 13.
  • New cardholders can still earn 75,000 bonus miles (worth at least $750 toward travel) after spending $4,000 in the first 3 months.
  • I use this card every day for its simple 2X miles on every purchase, flexible redemptions, and valuable travel perks.

I already have the Capital One Venture Rewards Credit Card (see rates and fees). But if I didn't, I'd absolutely apply for it right now.

Here's why: Until May 13, new cardholders can earn up to $1,000 in value through a limited-time welcome offer that includes a $250 Capital One Travel credit + 75,000 bonus miles after spending $4,000 in the first 3 months. That additional travel credit? It's going away.

If you've been thinking about getting a travel rewards card, this might be your last chance to score this full bonus.

Ratings Methodology

Capital One Venture Rewards Credit Card

Apply Now for Capital One Venture Rewards Credit Card

On Capital One's Secure Website.

Rates & Fees

Rating image, 5.00 out of 5 stars.
5.00/5Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Rating image, 5.00 out of 5 stars.
5.00/5Circle with letter I in it. Our ratings are based on a 5 star scale. 5 stars equals Best. 4 stars equals Excellent. 3 stars equals Good. 2 stars equals Fair. 1 star equals Poor. We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best
= Excellent
= Good
= Fair
= Poor
Credit Score:Circle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Recommended Credit Score required for this offer is: Good/Excellent (670-850)
Apply Now for Capital One Venture Rewards Credit Card

On Capital One's Secure Website.

Rates & Fees

Credit ScoreCircle with letter I in it. Falling within this credit range does not guarantee approval by the issuer. An application must be submitted to the issuer for a potential approval decision. There are different types of credit scores and creditors use a variety of credit scores to make lending decisions.

Good/Excellent (670-850)

Intro APR

Purchases: N/A

Balance Transfers: N/A

Regular APR

19.99% - 29.24% (Variable)

RewardsCircle with letter I in it. Earn unlimited 2X miles on every purchase. Earn unlimited 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options.

2X-5X miles

Annual Fee

$95

Welcome OfferCircle with letter I in it. 75,000 Miles once you spend $4,000 on purchases within the first 3 months of account opening, plus receive a one-time $250 Capital One Travel credit to use in your first cardholder year – that’s equal to $1,000 in travel

75,000 Miles + $250 Travel Credit

  • This was already our top-rated travel card, and it just got even better with a fantastic limited-time offer: you can now earn a massive bonus worth up to $1,000! Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening. There's also a great ongoing rewards rate: earn unlimited 2X miles on every purchase, and you can also enjoy free Global Entry/TSA PreCheck® credits.

    • Excellent sign-up bonus
    • Unlimited miles on purchases
    • Travel credit
    • Multiple ways to use miles
    • No foreign transaction fee
    • Annual fee
    • No 0% intro APR offer
    • Low cash back redemption value
    • Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
    • Earn unlimited 2X miles on every purchase, every day
    • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
    • Miles won't expire for the life of the account and there's no limit to how many you can earn
    • Receive up to a $120 credit for Global Entry or TSA PreCheck®
    • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
    • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
    • Transfer your miles to your choice of 15+ travel loyalty programs

The travel credit makes a great offer even better

The 75,000-mile bonus has been around for a while. And honestly, it's already strong on its own -- those miles are worth at least $750 when redeemed toward travel through Capital One.

But the extra travel credit is what pushes this deal into "too good to pass up" territory. It works just like it sounds: you book flights, hotels, or rental cars through Capital One Travel, and the credit kicks in automatically.

That means if you're planning even one trip this year, the card basically pays you to go. I routinely use my points to buy flights or pay for upgrades. The process is so simple -- click here to apply for the Capital One Venture Rewards Credit Card today (see rates and fees).

Why I use this card every day

Aside from the welcome bonus, the Capital One Venture Card is my go-to for daily spending. I earn 2X miles on every purchase (and even more on my travel booked through Capital One), which means rewards stack up quickly without having to think about rotating categories or bonus caps.

The Capital One Venture Card also comes with travel-friendly perks like no foreign transaction fees and up to a $120 credit for Global Entry or TSA PreCheck. But the power and simplicity of unlimited 2X miles on all of my spending, no matter where I'm swiping my card, is what earns the Capital One Venture Card a spot at the top of my wallet. If you think it deserves a spot in your wallet too, apply for the Capital One Venture Card here (see rates and fees).

This offer ends May 13 -- here's what to do

Now's the time to act. The additional travel credit disappears after May 13, and while the 75,000-mile offer may stick around, it's hard to beat the full $1,000 value currently on the table.

Here's the move:

  • Check your travel plans. Even one trip could make this card pay for itself.
  • Apply before May 13. Once approved, you'll need to hit the $4,000 spend within 3 months to earn the full bonus.
  • Book travel through Capital One Travel to use the $250 travel credit before it expires.

I already have the Capital One Venture Card. I use it constantly. And if I could, I'd absolutely sign up again before this offer worth up to $1,000 vanishes. If you've been on the fence, this is your green light.

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