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Capital One Venture Rewards Credit Card: $250 Travel Credit + 75,000 Miles ($1,000 Travel Value) Expired

w/ $4,000 Spend in 3 Months
+61 Deal Score
215,445 Views
Update: This popular deal is still available, ending soon.

Capital One is offering $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) with the Capital One Venture Rewards Credit Card. There is $95 annual fee.

Thanks to Slickdeals Staff Member EfficientGame645 for finding this deal.

Card Details:


Rates & Fees

Read our review on the Capital One Venture Rewards Credit Card

Slickdeals may be compensated by Capital One.

Original Post

Written by
Edited September 9, 2024 at 10:45 AM by
Capital One is offering $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) with the Capital One Venture Rewards Credit Card. There is $95 annual fee.

Card Details:
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 $100 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
Rates & Fees

Read our review on the Capital One Venture Rewards Credit Card

Slickdeals may be compensated by Capital One.
Created 07-16-2024 at 10:05 AM by EfficientGame645
If you take advantage of an offer on our site, Slickdeals may receive a commission.
Deal
Score
+61
215,445 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.

216 Comments

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Featured Comments

For those who might have had this in the past, the $250 credit is no longer a statement credit but a voucher to use in the Capital One portal. The portal is run by Hopper and is absolutely terrible for searching. If you search for 3 people in 1 room and you will get rooms with one bed and an occupancy limit of 2 people. There is also no way to have it sort to include additional fees and taxes - you just get the base rate until you select your room and then they add all the other charges. Even if you're using points, you get charged additional points at reservation to cover the tax. There can be a limited selection of hotels in some areas, with many common brands missing (compared to Booking or Agoda, or even the major flag portals like Bonvoy or Hilton). The prices are nearly always higher in the Hopper/CapOne portal than one of the major 3rd party (Booking/Priceline/Travelocity/Agoda/Expedia/Kayak meta) site for both hotels and cars, and ofter more expensive than booking direct. IMHO, if you're going to roll the dice booking 3rd party, you should be getting a better rate. If you use points for other than travel (statement credit) you get 1/2c per point, so it really is a travel-centric reward system. /end rant

Other than that it's a decent card and the Eno one-time/one-vendor card numbers are very helpful.
I have had this card for a year and there has not been a single deal or opportunity for the points.
Same. 800+ credit score and got rejected twice.

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Joined Jun 2008
L5: Journeyman
> bubble2 968 Posts
367 Reputation
nc3780
07-31-2024 at 04:00 PM.
07-31-2024 at 04:00 PM.
Quote from michaelhryu :
So, the best strategy for 2 players is keeping Venture X from Year 2 on, one way or another?
Definitely, if you both will fly once a year it's very easy to use up all of the $300 travel credit or $600 for both cards. The 10k miles a year bonus would be at minimum $100 when redeeming for travel. I'm keeping my Venture X card for as long as the existing credit structure exists.

You can downgrade the Venture to the fee free Venture one in year 2 or just cancel it since it won't be useful once you get the Venture X.

Like many have stated, using the credit on hotels isn't a great deal since the portal is generally higher priced. If you do car rentals though it should be fine in terms of value as well. Only did 1-2 comparison for Canada car rental trip earlier in the year though so ymmv.

Best bet is use it for flights.
Reply
Joined Jun 2008
L5: Journeyman
> bubble2 968 Posts
367 Reputation
nc3780
07-31-2024 at 04:09 PM.
07-31-2024 at 04:09 PM.
Quote from selvaspk :
Thank you! I didn't realize C1 don't upgrade or downgrade.

I will add her to my card.

Is there another big signup card at the moment? Building deck and got room to meet big bucks in 3 months. Would payoff immediately, so apr doesn't matter as well.
It was my own experience trying to upgrade my quicksilver card to the savor one card. YMMV. Downgrade likely won't be an issue though.

Do you have any Amex cards currently?
The revamped Amex Gold has a public offer of 60k but trying a few times in incognito shows 90k + the 20% back in credits up to $100 for restaurant purchases. You have 6 months to spend 6k. Some have said they have seen 100k points so worth trying if you don't have it already.

Even with the increased annual fee to $325, now you could potentially get up to $424 in credits per year.
Reply
Joined May 2019
L4: Apprentice
> bubble2 392 Posts
126 Reputation
Eudaimaniac
08-02-2024 at 04:38 PM.
08-02-2024 at 04:38 PM.
Quote from FabulousTerrier7793 :
You're supposed to transfer the points to an airlines partner like Virgin or Air France. You can easily book 15k one way to europe when they have sales.
Appreciate the advice!
Reply
Joined Feb 2008
L8: Grand Teacher
> bubble2 3,283 Posts
1,142 Reputation
overzeetop
08-03-2024 at 07:51 AM.
08-03-2024 at 07:51 AM.
Quote from pbmpharmacist :
Any suggestions on a travel credit card that uses a good portal? I thought Citi would be good because they use booking but they limit what's available from booking and we found it worthless.
Portals are all 3rd party, and none of the captured (CC) portals have any substantial incentive to be price competitive. 3rd party = bad if things go sideways during travel (overbooked, mis-booked, etc.). Compared to the majors like Booking, Agoda, et al there are rarely "deals" on the CC sites so you'll likely be paying as much or more than if you'd booked direct with the hotel (as a hotel chain rewards member or using AAA), with no first-party benefit. Note: I've not tried Citi, but I've had Barclay, Chase, Amex all recently and had the same experience.
Reply
Joined Sep 2010
L8: Grand Teacher
> bubble2 3,949 Posts
854 Reputation
pbmpharmacist
08-03-2024 at 07:58 AM.
08-03-2024 at 07:58 AM.
Quote from overzeetop :
Portals are all 3rd party, and none of the captured (CC) portals have any substantial incentive to be price competitive. 3rd party = bad if things go sideways during travel (overbooked, mis-booked, etc.). Compared to the majors like Booking, Agoda, et al there are rarely "deals" on the CC sites so you'll likely be paying as much or more than if you'd booked direct with the hotel (as a hotel chain rewards member or using AAA), with no first-party benefit. Note: I've not tried Citi, but I've had Barclay, Chase, Amex all recently and had the same experience.
thanks, appreciate it
Reply
Joined Jan 2016
L2: Beginner
> bubble2 87 Posts
26 Reputation
orangetiger
08-05-2024 at 07:58 PM.
08-05-2024 at 07:58 PM.
Got approved for this but I already have venture x. Can I category change this card to a no annual fee card?
Reply
Joined Nov 2014
Slickuser.
> bubble2 312 Posts
65 Reputation
the.invincible
08-06-2024 at 05:32 AM.
08-06-2024 at 05:32 AM.
Is the $250 credit available immediately after approval or after meeting spend?
Reply

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Joined Dec 2013
L2: Beginner
> bubble2 35 Posts
18 Reputation
rjdoc74
08-06-2024 at 12:40 PM.
08-06-2024 at 12:40 PM.
Quote from overzeetop :
For those who might have had this in the past, the $250 credit is no longer a statement credit but a voucher to use in the Capital One portal. The portal is run by Hopper and is absolutely terrible for searching. If you search for 3 people in 1 room and you will get rooms with one bed and an occupancy limit of 2 people. There is also no way to have it sort to include additional fees and taxes - you just get the base rate until you select your room and then they add all the other charges. Even if you're using points, you get charged additional points at reservation to cover the tax. There can be a limited selection of hotels in some areas, with many common brands missing (compared to Booking or Agoda, or even the major flag portals like Bonvoy or Hilton). The prices are nearly always higher in the Hopper/CapOne portal than one of the major 3rd party (Booking/Priceline/Travelocity/Agoda/Expedia/Kayak meta) site for both hotels and cars, and ofter more expensive than booking direct. IMHO, if you're going to roll the dice booking 3rd party, you should be getting a better rate. If you use points for other than travel (statement credit) you get 1/2c per point, so it really is a travel-centric reward system. /end rant

Other than that it's a decent card and the Eno one-time/one-vendor card numbers are very helpful.
I just got approved for this card. Where do you find this voucher? I called CS and asked and they said that I need to book the hotel first and 250 will show up as credit. Could you please clarify? Thank you.
Reply
Joined Mar 2023
L2: Beginner
> bubble2 33 Posts
14 Reputation
TenseHealth1067
08-06-2024 at 05:19 PM.
08-06-2024 at 05:19 PM.
Quote from nc3780 :
Definitely, if you both will fly once a year it's very easy to use up all of the $300 travel credit or $600 for both cards. The 10k miles a year bonus would be at minimum $100 when redeeming for travel. I'm keeping my Venture X card for as long as the existing credit structure exists.

You can downgrade the Venture to the fee free Venture one in year 2 or just cancel it since it won't be useful once you get the Venture X.

Like many have stated, using the credit on hotels isn't a great deal since the portal is generally higher priced. If you do car rentals though it should be fine in terms of value as well. Only did 1-2 comparison for Canada car rental trip earlier in the year though so ymmv.

Best bet is use it for flights.

If you add an authorized user do they get the $300 travel credit as well? And also other benefits like global entry charge reimbursement?
Reply
Joined Jun 2008
L5: Journeyman
> bubble2 968 Posts
367 Reputation
nc3780
08-06-2024 at 05:31 PM.
08-06-2024 at 05:31 PM.
Quote from TenseHealth1067 :
If you add an authorized user do they get the $300 travel credit as well? And also other benefits like global entry charge reimbursement?
No, only real benefit if authorized user is for the priority pass account and cap one lounge access.

Need to get individual cards to get the travel credit and global entry credit.
Reply
Joined Jun 2008
L5: Journeyman
> bubble2 968 Posts
367 Reputation
nc3780
08-06-2024 at 05:34 PM.
08-06-2024 at 05:34 PM.
Quote from rjdoc74 :
I just got approved for this card. Where do you find this voucher? I called CS and asked and they said that I need to book the hotel first and 250 will show up as credit. Could you please clarify? Thank you.
If it's the same as the Venture X, when you go book a flight or hotel in their portal the credit should auto apply as a discount.
I used my $300 credit for the year already, but I know that in the portal it does show how much credit you have left to use, just don't recall where exactly.
Reply
Joined Jun 2008
L5: Journeyman
> bubble2 968 Posts
367 Reputation
nc3780
08-06-2024 at 05:35 PM.
08-06-2024 at 05:35 PM.
Quote from the.invincible :
Is the $250 credit available immediately after approval or after meeting spend?
Based on the language it should be available immediately after approval. Go book a flight or hotel in their site and on the payment page you should see the discount auto apply.
Reply
Joined Jun 2008
L5: Journeyman
> bubble2 968 Posts
367 Reputation
nc3780
08-06-2024 at 05:36 PM.
08-06-2024 at 05:36 PM.
Quote from orangetiger :
Got approved for this but I already have venture x. Can I category change this card to a no annual fee card?
Best to wait until after year 1, you can then downgrade to the no annual fee venture one card.
You should do so right after the annual fee posts and likely get a prorated credit for most of the fee back.
Reply
Joined Nov 2011
L2: Beginner
> bubble2 29 Posts
10 Reputation
ji2ga414
08-06-2024 at 09:09 PM.
08-06-2024 at 09:09 PM.
Newbie here, if I use this card for a balance transfer, do I get the points or? New to this.... thanx.
Reply

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Joined Feb 2011
L7: Teacher
> bubble2 2,223 Posts
727 Reputation
bru_that
08-06-2024 at 10:13 PM.
08-06-2024 at 10:13 PM.
Quote from ji2ga414 :
Newbie here, if I use this card for a balance transfer, do I get the points or? New to this.... thanx.
Balance transfers don't earn points or count as spending toward earning the signup bonus.
Reply
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