Advertiser Disclosure: UponArriving has partnered with affiliate partners and may receive a commission from card issuers. UponArriving does not display all credit card offers and affiliate relationships may impact how offers are presented.
Capital One is now offering the opportunity for you to earn a valuable welcome bonus with either the Capital One® Venture X Rewards Credit Card or the Capital One® Venture® Rewards Credit Card.
Let’s take a look at these two cards and see what they have to offer right now.
Note: you cannot apply for both of these at the same time.
Early Spend Bonuses
Capital One® Venture X Rewards Credit Card
- Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months. Learn how to apply.
Capital One® Venture® Rewards Credit Card
- Earn 75,000 miles once you spend $4,000 on purchases within 3 months. Learn how to apply.
(This is one of the best offers ever for this card.)
You can use Capital One miles to erase any travel purchase at a rate of one cent per mile so 75,000 bonus miles equates to at least $750 in travel.
But now that you can transfer Capital One miles to various travel partners, you can get way more value for these miles meaning that you can get a lot more than $750 in travel!
Here are the 1:1 ratio travel partners:
1:1 Transfer Ratio
- Aeromexico Club Premier
- Aeroplan®
- Asia Miles
- Avianca LifeMiles
- British Airways Executive Club
- Choice Privileges®
- Emirates Skywards
- Etihad Guest
- Finnair Plus
- Flying Blue
- Qantas Frequent Flyer
- Singapore Airlines KrisFlyer
- TAP Miles&Go
- Turkish Airlines Miles&Smiles
- Virgin Red
Not only do you have solid transfer partners but many of these are also transfer partners of other programs like Chase Ultimate Rewards, Citi, and others. This can make aspirational redemptions much more realistic.
For example, you could book a Singapore Airlines first class saver award from the US (including East Coast) to Singapore for 132,000 miles (plus fees) or from the US to Europe for 86,000 miles (plus fees). With a bonus from one of these cards you are already halfway there.
But then you could combine your earnings from another awesome bonus like the 80,000 welcome bonus offered by the Chase Sapphire Preferred® Card after spending $4,000 on purchases in the first 3 months.
That would give you more than enough miles to fly first class in something like the photo below! You might even be able to swing a round-trip depending on where you are going.
Why I like the Capital One® Venture X Rewards Credit Card
The Capital One® Venture X Rewards Credit Card is attractive because it offers some pretty solid bonus earning including:
- 10x on hotels and rental cars booked through Capital One Travel
- 5x On flights booked through Capital One Travel
- 2x On all other purchases
I’ve never been one to look forward to booking hotels through a travel portal but earning 10X on rental cars through a travel portal is very good and the 5X on flights is also very solid.
Unfortunately, the Capital One® Venture® Rewards Credit Card earns a standard rate of 2X on all purchases.
The Capital One® Venture X Rewards Credit Card is a mid-tier premium card (IMO) with an annual fee of $395. But that fee is not a problem for a lot of people because you can offset it with a $300 statement credit for bookings through Capital One Travel.
So again if you have any type of car rentals or flights planned you can easily offset the vast majority of this annual fee with your normal spending which is always the goal with travel credits.
Final word
These are solid bonuses that can help you build up a large balance of miles especially because so many other bank programs transfer to the same partners. I really like the Capital One® Venture X Rewards Credit Card for the good bonus but also for the ability to earn high bonus rates on both rental cars and flights. Learn how to apply.
Advertiser Disclosure: UponArriving has partnered with affiliate partners and may receive a commission from card issuers. UponArriving does not display all credit card offers and affiliate relationships may impact how offers are presented.
Editorial Disclosure: Opinions, reviews, analysis & recommendations are UponArriving’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Daniel Gillaspia is the Founder of UponArriving.com and the credit card app, WalletFlo. He is a former attorney turned travel expert covering destinations along with TSA, airline, and hotel policies. Since 2014, his content has been featured in publications such as National Geographic, Smithsonian Magazine, and CNBC. Read my bio.
