Capital One Venture Rewards card review: earn and redeem travel miles hassle-free

Our take: The Capital One Venture Rewards Credit Card earns at least 2x miles on every purchase, redeemable rewards for travel, cash back and more. Transfer miles to 15+ airline and hotel partners for potentially even higher value.

Capital One Venture Rewards: Overview

Earning rewards with the Capital One Venture Rewards Credit Card is like hitting the easy button. It offers 2x miles on every purchase, plus 5x miles on hotels and rental cars booked through Capital One Travel. . New cardholders also receive 75,000 miles after spending $4,000 on purchases within 3 months from account opening.

Redeeming rewards is also simple, although travel redemptions tend to be the best option. You can book travel using miles, cover previous travel purchases or transfer to 15+ airline and hotel partners. Miles can also be redeemed for cash back, gift cards, shopping and more, but those tend to offer less value. The card also includes other travel benefits, like two lounge passes each year, basic travel protections and reimbursement for Global Entry or TSA PreCheck fees.

Who is a Capital One Venture Card good for?

The Capital One Venture Card is ideal for budget-conscious travelers who want to earn bonus miles on every purchase. While the card does not have specific bonus categories, it earns an unlimited 2x miles on every purchase compared to the standard 1x of most travel credit cards.

People who prefer earning flexible points will also appreciate this card. Rewards earned from…