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Capital One Venture Rewards Credit Card: $250 Travel Credit Expired

+ 75,000 Bonus Miles
($1,000 Travel Value) w/ $4,000 Spend in 3 Months
+81 Deal Score
240,447 Views
Update: This popular deal is still available.

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:


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 May 12, 2025 at 02:14 PM 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 $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

Rates & Fees

Read our review on the Capital One Venture Rewards Credit Card

Slickdeals may be compensated by Capital One.
If you take advantage of an offer on our site, Slickdeals may receive a commission.
Deal
Score
+81
240,447 Views
+ 75,000 Bonus Miles
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.

347 Comments

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I just applied and got denied with an 820 credit score but with over 30 cards and 0 debt
Cons: Customer service is not as consumer friendly as Chase or Amex
$250 travel credit has to be spent through their terrible portal, which is just a Hopper re-skin and routes reservations through 3rd parties (my last was an Expedia reservation). Most costs for the portal are higher than if you have an account with 3rd party sites like Booking, Agoda, or Priceline and CapOne will NOT match a logged-in price. There is no telephone customer service for booking.

Pros: Eno vendor specific CC numbers with number cancellation and holds are great for online signups
2 points per dollar spent and direct reimb. for travel using points at 1pt=1c is essentially a 2% cash back card if you travel
No foreign tx fees (for those who travel internationally)

If you travel a little, it's a good card. If you travel more than 3-4 times a year, especially if your preferred airport has a CapOne lounge, the VentureX is a better product to have ($395AF), but this is a good stop gap with a solid bonus.
What's in MY wallet? Too many cards. That's what CapOne tells me every time when they hard-pull all three bureaus to deny me with 800+ FICO.

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Joined Sep 2009
L10: Grand Master
> bubble2 15,318 Posts
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Knightshade
02-19-2025 at 05:09 AM.

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02-19-2025 at 05:09 AM.
Quote from 00jp47 :
I just applied and got denied with an 820 credit score but with over 30 cards and 0 debt

Outside of a targeted snail-mail offer for 100k for the venture card like 10 years ago (downgraded to a silver after 1Y and still open) Cap1 is the only company that denies every application I make (has been over time for savor, venture and venture x as various good offers have been around)... Chase, Citi, Amex, BoA all seem happy to give me multiple cards annually within their normal approval rules... yet like Charlie Brown with the football I still waste a hard inquiry every 6 months trying.
1
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Joined Feb 2008
L8: Grand Teacher
> bubble2 3,263 Posts
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overzeetop
02-19-2025 at 05:27 AM.

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02-19-2025 at 05:27 AM.
Cons: Customer service is not as consumer friendly as Chase or Amex
$250 travel credit has to be spent through their terrible portal, which is just a Hopper re-skin and routes reservations through 3rd parties (my last was an Expedia reservation). Most costs for the portal are higher than if you have an account with 3rd party sites like Booking, Agoda, or Priceline and CapOne will NOT match a logged-in price. There is no telephone customer service for booking.

Pros: Eno vendor specific CC numbers with number cancellation and holds are great for online signups
2 points per dollar spent and direct reimb. for travel using points at 1pt=1c is essentially a 2% cash back card if you travel
No foreign tx fees (for those who travel internationally)

If you travel a little, it's a good card. If you travel more than 3-4 times a year, especially if your preferred airport has a CapOne lounge, the VentureX is a better product to have ($395AF), but this is a good stop gap with a solid bonus.
3
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Joined Dec 2008
L8: Grand Teacher
> bubble2 3,246 Posts
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qkumbr
02-19-2025 at 05:34 AM.
02-19-2025 at 05:34 AM.
What's in MY wallet? Too many cards. That's what CapOne tells me every time when they hard-pull all three bureaus to deny me with 800+ FICO.
3
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Joined Mar 2006
L9: Master
> bubble2 4,027 Posts
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cccheel
02-19-2025 at 05:37 AM.
02-19-2025 at 05:37 AM.
To anyone with this card, chime in on its usefulness if you don't really travel a whole lot?
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Joined Nov 2017
L5: Journeyman
> bubble2 804 Posts
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oharag1
02-19-2025 at 06:26 AM.
02-19-2025 at 06:26 AM.
So some are asking: Can I downgrade before the 1 year fee is applied. My question is:

What happens to your miles/rewards during the downgrade - do you lose them?

I recently had a AAdvantage card opened to take advantage of money off a ticket. I called to close and operator asked if I would like to transfer some of the purchasing credit to a card I already had without a credit hit. The difference - I still have American Airlines account - and accrued miles are still available to use in the future.

I'm not a big traveler - maybe want to start heading in that direction as I get older - and I see the benefit of a travel card - but hard pill to swallow for the yearly fees when I can get zero card fee CC that also offer some benefits on purchases. I sort of like this Venture card versus Venture X due to fees and you still get some good benefits.

I'm asking the SD community:

- Is this the best deal out there on a card?
- What happens if you close or downgrade this card to the points?
- For Venture - what airlines can I use points on for flights? I think I there is a list of airlines - but I think they are all crap.
- Would it be more advantageous to just go with the airline CC that I fly the most? I seemed have flown American Airlines more than most. Not married to any.

Thanks

EDIT: I will do the comparison - but any thoughts on Chase Saphire vs this card? I believe I received an offer for 100000 points but with a $6000 purchase within 3 months.
Reply
Joined Oct 2017
L3: Novice
> bubble2 836 Posts
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yuvamysterio
02-19-2025 at 06:50 AM.
02-19-2025 at 06:50 AM.
Quote from oharag1 :
So some are asking: Can I downgrade before the 1 year fee is applied. My question is:

What happens to your miles/rewards during the downgrade - do you lose them?

I recently had a AAdvantage card opened to take advantage of money off a ticket. I called to close and operator asked if I would like to transfer some of the purchasing credit to a card I already had without a credit hit. The difference - I still have American Airlines account - and accrued miles are still available to use in the future.

I'm not a big traveler - maybe want to start heading in that direction as I get older - and I see the benefit of a travel card - but hard pill to swallow for the yearly fees when I can get zero card fee CC that also offer some benefits on purchases. I sort of like this Venture card versus Venture X due to fees and you still get some good benefits.

I'm asking the SD community:

- Is this the best deal out there on a card?
- What happens if you close or downgrade this card to the points?
- For Venture - what airlines can I use points on for flights? I think I there is a list of airlines - but I think they are all crap.
- Would it be more advantageous to just go with the airline CC that I fly the most? I seemed have flown American Airlines more than most. Not married to any.

Thanks

EDIT: I will do the comparison - but any thoughts on Chase Saphire vs this card? I believe I received an offer for 100000 points but with a $6000 purchase within 3 months.
This may not answer your specific questions. But I will try -
1) You pay AF of $95 and you get $1000 ($750+$250) - $750 - u can redeem for any travel related purchases - flight ticket, $250 - you have to use their portal. If you wisely find a deal in their travel portal, this card is great
2) you will lose the points if you close the card. Points will be preserved if you downgrade (but redemption rate may vary)
3) You may have to check the alliance (star alliance, oneworld) etc to transfer miles from one airline to their partner airlines. This may be worth for people who want to take maximum from the miles. But for me, getting 1:1 is not bad. I paid $1000 flight ticket and got $750 statement credit.
4) There are some AA cards that get you 75k miles/points. Given this card can easily get me $905 (net), atleast with this elevated offer, this is a good card.

5) CSP with 100k points always good. That is $1250 for flight redemption and if you transfer chase points to airlines, or book award flights, it might be a best deal.
2
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Joined Nov 2017
L5: Journeyman
> bubble2 804 Posts
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oharag1
02-19-2025 at 07:09 AM.
02-19-2025 at 07:09 AM.
Quote from Krispi_ :
WTH , I opened an account 3 weeks ago and already spent the 4k and got the 75k miles but not the $250
I had same question when I opened a Wells Fargo CC. I called and was told the reward would take some time to show up. It eventually did - so I guess wait a bit.
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Joined Nov 2017
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> bubble2 804 Posts
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oharag1
02-19-2025 at 07:19 AM.
02-19-2025 at 07:19 AM.
Quote from yuvamysterio :
This may not answer your specific questions. But I will try -
1) You pay AF of $95 and you get $1000 ($750+$250) - $750 - u can redeem for any travel related purchases - flight ticket, $250 - you have to use their portal. If you wisely find a deal in their travel portal, this card is great
2) you will lose the points if you close the card. Points will be preserved if you downgrade (but redemption rate may vary)
3) You may have to check the alliance (star alliance, oneworld) etc to transfer miles from one airline to their partner airlines. This may be worth for people who want to take maximum from the miles. But for me, getting 1:1 is not bad. I paid $1000 flight ticket and got $750 statement credit.
4) There are some AA cards that get you 75k miles/points. Given this card can easily get me $905 (net), atleast with this elevated offer, this is a good card.

5) CSP with 100k points always good. That is $1250 for flight redemption and if you transfer chase points to airlines, or book award flights, it might be a best deal.
Hey man thanks very good explanation to my questions.

So I was also comparing to Saphire - and the one thing I liked about Capital One - you get a $125 credit to Global Entry - TSA Checkin. That's a nice benefit - $125 credit is also money saved.

I think Chase has way better partners! One's I actually can use in USA. Oh well can't have perfect card I suppose.
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Joined Mar 2017
L3: Novice
> bubble2 119 Posts
101 Reputation
REDSM
02-19-2025 at 12:52 PM.
02-19-2025 at 12:52 PM.
Quote from oharag1 :
Hey man thanks very good explanation to my questions.

So I was also comparing to Saphire - and the one thing I liked about Capital One - you get a $125 credit to Global Entry - TSA Checkin. That's a nice benefit - $125 credit is also money saved.

I think Chase has way better partners! One's I actually can use in USA. Oh well can't have perfect card I suppose.

Well, looks to me Capital One has more cash back deals compared to CSP
Reply
Joined Jul 2019
L8: Grand Teacher
> bubble2 3,923 Posts
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Gb1908
02-19-2025 at 02:47 PM.
02-19-2025 at 02:47 PM.
Wish cap one quicksilver bumped to 2% cb.. then there'd be no reason to switch to another card to get the extra .05% on large buys
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Joined May 2013
L3: Novice
> bubble2 223 Posts
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YiY3840
02-19-2025 at 04:33 PM.
02-19-2025 at 04:33 PM.
Got denied too. Too many inquiries lately
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Joined Dec 2015
L4: Apprentice
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Randomusernn
02-19-2025 at 04:49 PM.
02-19-2025 at 04:49 PM.
Quote from 00jp47 :
I just applied and got denied with an 820 credit score but with over 30 cards and 0 debt

I read on Reddit where c1 prefer subpar customer since they will likely carry debt! Silly but yeah
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Joined Jun 2013
L5: Journeyman
> bubble2 970 Posts
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Krispi_
02-19-2025 at 04:55 PM.
02-19-2025 at 04:55 PM.
Quote from oharag1 :
I had same question when I opened a Wells Fargo CC. I called and was told the reward would take some time to show up. It eventually did - so I guess wait a bit.

Yea , I called them after I saw this post and they said I should get the travel credit within 2 billing cycles. I'm happy with the card so far and used their portal for 1 hotel booking since it was cheaper than other online sites. I also found out that they would price match as well. Great card so far.
1
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Joined Jun 2017
L6: Expert
> bubble2 1,781 Posts
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bestdeal113
02-19-2025 at 06:01 PM.
02-19-2025 at 06:01 PM.
4/24 and still churning Chase ink 🥲🥲
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MochiHeel
02-19-2025 at 10:39 PM.
02-19-2025 at 10:39 PM.
Am I eligible for the sign up bonus, if I have the Venture X (for over 1 year)?
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