Benefits of the Capital One Venture

The Capital One Venture Rewards Credit Card is a big player in the travel card space: You get rich travel rewards, a big sign-up bonus and flexible redemption options all wrapped into one card.

Here are the card’s benefits:

» MORE: NerdWallet’s best Capital One credit cards

Spending rewards

1. High ongoing rewards rate

You'll collect miles at a healthy clip by using the card for everyday purchases: Cardholders earn an unlimited 2 miles per $1 spent on purchases, plus 5 miles per $1 spent on hotels, vacation rentals and rental cars booked through Capital One Travel.

2. Sizable sign-up bonus

The Capital One Venture Rewards Credit Card’s sign-up bonus is impressive: 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. The annual fee is $95 (see rates and fees).

3. Flexible redemption options

Miles can be redeemed for credit on your statement against any travel purchase, meaning you can fly any airline or book any hotel, and then use your miles to cover the cost. You can also use miles to book travel directly through Capital One. Miles are worth 1 cent apiece when used either of these ways. Additionally, you can transfer your miles to more than a dozen partner airline and hotel loyalty programs. That’s a lot of options for travelers who enjoy flying on different airlines and changing up which hotels they stay in.

Travel perks and protections

4. No foreign transaction fees

Because the Capital One Venture Rewards Credit Card doesn't charge this fee, you won't be charged an extra 3% to 5% on transactions when you use the card internationally. (None of Capital One's credit cards charges foreign transaction fees.)

» MORE: NerdWallet’s best no foreign transaction fee credit cards

5. TSA PreCheck or Global Entry credit

The Capital One Venture Rewards Credit Card offers up to $120 in credit toward the application fee credit for TSA PreCheck or Global Entry, when you pay the fee with your card. The credit is available once every four years.

6. Rental car insurance coverage

Use your Capital One Venture Rewards Credit Card to rent an eligible vehicle and you may be covered for physical damage and theft of the rental vehicle. You must pay the full cost of the rental with your card and decline the rental company's collision damage waiver. (Learn more about this benefit.)

7. Trip cancellation/interruption coverage

If an illness or death of the cardholder or an immediate family member results in the cancellation or interruption of a trip paid for with the Capital One Venture Rewards Credit Card, you may be eligible for reimbursement of up to $1,500.

8. Roadside assistance

If you find yourself in a car-related emergency and need a jump-start, a tow or a tire change, the Capital One Venture Rewards Credit Card offers a service that can find you help.

9. Access to Capital One lounges

Up until Dec. 31, 2024, could get two free visits per year to Capital One Lounges or Plaza Premium Lounges. Capital One removed this benefit in 2025, although cardholders can still access Capital One Lounges for a discounted rate of $45.

Currently there are Capital One Lounges at Dallas/Fort Worth International Airport, Denver International Airport, Washington Reagan National Airport and Dulles International Airport, outside of Washington, D.C.

» MORE: NerdWallet review of the Capital One Venture

Shopping perks and protections

10. Extended warranty

Qualifying items you buy with the Capital One Venture Rewards Credit Card will be eligible for additional warranty protection for free.

11. Virtual card numbers

Through its Eno "intelligent assistant" service, Capital One allows you to generate a virtual number from a checkout page, to keep your actual card number safe and secure.

12. Exclusive access

The Capital One Venture Rewards Credit Card offers special access to things like curated culinary experiences, concerts and festivals, and sporting events.