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Capital One Venture Rewards Credit Card: Spend $4K in First 3 Months to Earn 75K Miles

+336 Deal Score
1,876,394 Views
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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Created 05-17-2022 at 05:47 PM by moorheadhawk
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1,876,394 Views
These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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Joined Aug 2009
L69: Master of Realms
> bubble2 8,743 Posts
1,359 Reputation
Pro
AznCracker
10-19-2022 at 11:56 AM.
10-19-2022 at 11:56 AM.
Quote from DIW90210 :
A lot of banks are starting to follow Chase with their 5 cards every 24 months rule. Maybe you got rejected under this rule?
I was under 5/24 rule both applications. Like i said last time i opened a credit card was like 6 months ago.

Citi stated that i was denied because I have a lot of open accounts, high revolving credit limit, and low credit utilization.

I guess they have new algorithms to flag those who are just opening accounts for the SUB. But I actually intended to keep the citi card.

I guess it's now disadvantageous to pay off your credit card every month and keep old credit cards open.


---


Got the rejection letter from Capital One:

· Based on your credit report from one or more of the agencies on the back of this letter,number of bank cards tradelines opened in the last 24 months

Kinda bs as I only had 3 cards opened in the past 2 years.

I also now read that there is a 6 month rule for Capital One so I probably broke that rule?
Per TPG: Capital One is also known to have a hard-and-fast rule when it comes to timing your applications. You're only able to get approved for one card every six months.


--

Here's my plan of action in case anyone else has the same issue. I'm going to go through and close some of my more recent credit cards that I don't use. Like accounts I have open in the past 3 years. Then reapply for the Citi or Capital One card in a few months.
Reply
Last edited by AznCracker October 19, 2022 at 02:09 PM.
Joined Jun 2020
L5: Journeyman
> bubble2 541 Posts
DIW90210
10-19-2022 at 12:16 PM.
10-19-2022 at 12:16 PM.
Quote from AznCracker :
I was under 5/24 rule both applications. Like i said last time i opened a credit card was like 6 months ago.

Citi stated that i was denied because I have a lot of open accounts, high revolving credit limit, and low credit utilization.

I guess they have new algorithms to flag those who are just opening accounts for the SUB. But I actually intended to keep the citi card.

I guess it's now disadvantageous to pay off your credit card every month and keep old credit cards open.


---


Got the rejection letter from Capital One:

· Based on your credit report from one or more of the agencies on the back of this letter,number of bank cards tradelines opened in the last 24 months

Kinda bs as I only had 3 cards opened in the past 2 years.

I also now read that there is a 6 month rule for Capital One so I probably broke that rule?
Per TPG: Capital One is also known to have a hard-and-fast rule when it comes to timing your applications. You're only able to get approved for one card every six months.
You might be spot on with your guess. If you have too much available credit, creditors worry about you going ape shit crazy in some mid-life crisis one day and max out all your cards and become a deadbeat. Besides closing some accounts you could opt to reduce the credit significantly on each card to something a tad bit higher you normally use and pay off every month.
Reply
Joined Mar 2010
L2: Beginner
> bubble2 42 Posts
10 Reputation
ArizonaGuy
10-19-2022 at 08:31 PM.
10-19-2022 at 08:31 PM.
Quote from AnalogKid2112 :
N

No matter whatever card you get from them, Cap One is wasted credit inquiries. They like to pull ALL three bureaus. Most other cards only pull one. Nothing Cap One offers is worth 3 inquires on your reports.

If you have your credit reports frozen and just unfreeze one - data point a friend in Colorado unfroze his TransUnion today and used my referral - he was instantly approved.

But otherwise yes, CapOne pulling an three sucks. Still, have had a half million in signup bonuses over the years. Been happy.
Reply
Joined May 2005
L9: Master
> bubble2 5,541 Posts
2,088 Reputation
Pro
Thinker
10-20-2022 at 11:26 AM.
10-20-2022 at 11:26 AM.
When i got card last year there was one more benefit:

The $200 vacation rental credit is after charging Airbnb, VRBO, and certain hotels.

Anyone know which hotel chain is coded as Airbnb, VRBO etc. gives $200 CR?
Reply
Joined Mar 2016
L6: Expert
> bubble2 1,222 Posts
142 Reputation
Rookies1000
10-20-2022 at 08:41 PM.
10-20-2022 at 08:41 PM.
Quote from Thinker :
When i got card last year there was one more benefit:

The $200 vacation rental credit is after charging Airbnb, VRBO, and certain hotels.

Anyone know which hotel chain is coded as Airbnb, VRBO etc. gives $200 CR?

I had it triggered on a stay at Marriott and even car rental. Pretty weird.
Reply
Joined Nov 2013
L3: Novice
> bubble2 114 Posts
14 Reputation
czhao1009
10-20-2022 at 09:49 PM.
10-20-2022 at 09:49 PM.
If I downgrade to a card with cheaper annual fee, do the points still have the same value? For instance I think with chase, the points redeem at a lower value if you have chase freedom vs sapphire reserved.
Reply
Joined Mar 2016
L6: Expert
> bubble2 1,222 Posts
142 Reputation
Rookies1000
10-21-2022 at 04:15 PM.
10-21-2022 at 04:15 PM.
Quote from czhao1009 :
If I downgrade to a card with cheaper annual fee, do the points still have the same value? For instance I think with chase, the points redeem at a lower value if you have chase freedom vs sapphire reserved.

Shouldn't matter. I don't think Capital one has point redemption bonus like the Chase sapphire preferred and reserved.
Reply

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Joined Apr 2005
L5: Journeyman
> bubble2 748 Posts
283 Reputation
ikkoku
10-21-2022 at 09:01 PM.
10-21-2022 at 09:01 PM.
did venture one come out with a contactless version of this card?
Reply
Joined Jul 2015
Noobster
> bubble2 1,328 Posts
125 Reputation
arooni
10-22-2022 at 05:49 AM.
10-22-2022 at 05:49 AM.
Capital one is the pickiest of all issuers for me. I have a 800+ score, 17 active credit cards, all paid off except for one I'm working on the SUB for. was rejected for the Venture X earlier this year.

I think they want to filter out us churners, especially if they detect you won't carry a balance on your cards. Sad!
Reply
Joined Jun 2006
Terry Wrist
> bubble2 3,750 Posts
463 Reputation
myselfdotcom
10-22-2022 at 11:26 AM.
10-22-2022 at 11:26 AM.
Quote from AnalogKid2112 :
N

No matter whatever card you get from them, Cap One is wasted credit inquiries. They like to pull ALL three bureaus. Most other cards only pull one. Nothing Cap One offers is worth 3 inquires on your reports.

Why are people so paranoid about credit pull unless you are planning to make big purchases or loan? I had 3 pulls in 2017 when I bought a house then another 3 pulls from cap one.
Reply
Joined Jun 2006
Terry Wrist
> bubble2 3,750 Posts
463 Reputation
myselfdotcom
10-22-2022 at 11:28 AM.
10-22-2022 at 11:28 AM.
Quote from DIW90210 :
You might be spot on with your guess. If you have too much available credit, creditors worry about you going ape shit crazy in some mid-life crisis one day and max out all your cards and become a deadbeat. Besides closing some accounts you could opt to reduce the credit significantly on each card to something a tad bit higher you normally use and pay off every month.

Not sure about that's the reason. I have 5 credit cards before getting the X. My credit limit is about $120k, and my revolving credit is limited. I tend to pay most of all the time, maybe leave a bit once a while. My X credit limit is $30k
Reply
Joined Jul 2012
L5: Journeyman
> bubble2 783 Posts
74 Reputation
Sam4u
10-22-2022 at 11:46 AM.
10-22-2022 at 11:46 AM.
Can points be transferred to United? Or I need to book exclusively through Capital one site?
Reply
Joined Feb 2011
L6: Expert
> bubble2 1,292 Posts
170 Reputation
indiaj0nes
10-22-2022 at 05:27 PM.
10-22-2022 at 05:27 PM.
If I previously had this, can I still apply
Reply
Joined Sep 2008
L6: Expert
> bubble2 1,350 Posts
100 Reputation
qwertyuio
10-22-2022 at 08:45 PM.
10-22-2022 at 08:45 PM.
Quote from kenpet :
I tried the pre-approval option, but this card didn't show up in the results. Does this imply that if I actually did apply, I would get rejected? I was rejected earlier this year for this card despite perfect credit. The pre-approval doesn't seem to impact credit inquiries, score, etc. That's why I tried that option first.

No, it doesn't. I checked and didn't get pre-approved before I applied, but I got approved for 2 C1 cards (X & Sparks).
Reply

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Joined Sep 2008
L6: Expert
> bubble2 1,350 Posts
100 Reputation
qwertyuio
10-22-2022 at 08:48 PM.
10-22-2022 at 08:48 PM.
Quote from memo_rex :
Hello,
I was preapproved for some Capital One card with $95 yearly fee and the 75k points. Question: Would property tax to county count as the 4k spend? Does anyone know or tried that?

Yes, it counted when I pay my property taxes with the card. My county charges 2.5% credit card fee though.
Reply
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