Capital One is offering a
75,000 mile bonus after you spend $4,000 on purchases within the first 3 months from account opening with the
Capital One Venture Rewards Credit Card. There is $95 annual fee.
Card Details:
- Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 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
- 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
- Top rated mobile app
Rates & Fees
Read our review on the Capital One Venture Rewards Credit Card
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1,830 Comments
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I'll assume you are genuinely asking. The best answer is because you get MORE value for money you were ALREADY going to spend throughout the year.
There are calculators out there for every major rewards/travel card, plug in your spending and see what the card is worth to you.
HTH
Keep in mind the $300 credit is ONLY for travel purchases made THROUGH Capital One Travel. And if it's anything like Chase's rules, you don't earn points on the $300 they credit back, but you would on any amount over $300.
That's why I love my CSR, $300 back on very loosely defined travel makes it much easier to use the credit. Even though I buy tickets almost exclusively through Chase Ultimate Rewards portal anyway.
Book travel through CapitalOne travel portal using cash, get the $300 credit and cover the purchase using your points after it's posted.
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It's never occurred to me that I could pay my insurance bill with PayPal. Wouldn't the ins co still have to pay the same higher amex fees (and likely balk at doing so)?
people are also forgetting you're getting 2x per $1, so 4K spend will get you $80 ponts - $95 fee, still coming ahead with $735
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