Capital One Venture Rewards by Capital One: 5x entertainment, 5x hotels via portal, 5x rental cars via portal, 5x vacation rentals via portal, 2x…
The Capital One Venture Rewards is Capital One's mid-tier credit card. The $95/yr annual fee includes a 75,000-point welcome bonus after spending $4,000 in the first 3 months. Beyond the welcome bonus, here's what the card actually delivers.
| Credit | Value | What it covers |
|---|---|---|
| Capital One Travel stays credit (first cardholder year) | $300/yr | "$300 to use on hotel and vacation rental bookings through Capital One Travel in your first cardholder year". First-year only, part of the limited-time welcome offer, not an ongoing benefit. |
| Global Entry / TSA PreCheck application fee | $120/quadrennial | "Receive up to a $120 statement credit when you use your Venture card to apply for Global Entry or TSA PreCheck". |
Welcome bonus value (year one): ~$1125. Annual statement credits: $420. Minus the $95 annual fee = ~$1450 in year-one net value before any spending earn. RewardsGuru rating: 5.0/5 — based on our net-value methodology.
Best fit: someone whose category spending matches the card's earn multipliers. Skip if: your spending pattern is flat across categories — a 2% flat-rate card would beat this.
75,000 points after spending $4,000 in the first 3 months. At our ~1.5¢/pt valuation, that's roughly $1125 in real value.
Year-one math: welcome bonus value (~$1125) + annual credits ($420) − $95 fee = ~$1450 net before spending earn. Year-two onward, the credits alone need to clear $95 — they do. Worth it if you'll use the credits, skip if you'd let them expire.
2 recurring statement credits: Capital One Travel stays credit (first cardholder year) ($300/yr), Global Entry / TSA PreCheck application fee ($120). Total: $420/yr.
Check the card's terms — most premium travel cards waive foreign transaction fees, while no-fee and entry-tier cards usually charge 2-3%. Capital One's product page has the current rate.