9 Capital One Venture Card Benefits That You Didn’t Know About

• Written by Jasmin Baron, CCC™
  

  Jasmin Baron, CCC™

  Credit Cards, Travel Rewards, Loyalty Programs, Family Travel, Credit Building, Credit Scores

  Jasmin Baron is a NACCC Certified Credit Counselor™ and CardCritics’ senior editor, responsible for editing and writing credit cards, travel rewards, loyalty program, and other credit-related content. She is passionate about personal finance education and enjoys sharing tips and tricks for making the most of credit card points and miles with her readers. Her expertise in maximizing credit card travel rewards originated from over two decades of aviation industry experience, including 18 years working as a pilot and college professor/flight instructor in her native Canada. Her work has appeared on sites such as CNN Underscored Money, Business Insider, The Points Guy, and point.me. When she’s not planning her next trip with credit card rewards, you’ll probably find her tinkering around in the kitchen, hanging out with her three kids, or playing with her dog, Benji.

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• Edited by Emily Gadd, CCC™
  

  Emily Gadd, CCC™

  Credit Cards, Personal Finance, Health and Wellness

  Emily Gadd is a NACCC Certified Credit Counselor™, editor and personal finance expert responsible for writing about personal finance and credit cards. She got her start writing and editing at Healthline. She is passionate about creating educational content that makes complex topics accessible. Emily holds a credit counselor certification, accredited by the National Association of Certified Credit Counselors (NACCC). She lives in Seattle with her husband and two cats.

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• Last Updated Jan 8, 2026

The Capital One Venture Rewards Credit Card is among the best travel credit cards on the market, offering generous rewards and meaningful protections for a modest $95 annual fee. 

With a hefty welcome bonus for new card members, flat-rate 2x earning on nearly every purchase, and multiple ways to redeem rewards, the Venture Card is a miles-earning powerhouse. But the card’s perks really make it a long-term keeper.

Let’s explore the Capital One Venture benefits you should know about if you have the card or are thinking about applying.

1. Welcome Bonus

The Capital One Venture Card offers an impressive welcome bonus for new cardholders: 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.

Capital One miles are worth 1 cent each when you redeem them for travel booked through Capital One or to erase eligible travel charges from your statement. But if you’re strategic, you could get an even higher value from your Capital One miles when you transfer them to the issuer’s airline and hotel partners to book award flights and stays. 

2. Strong Rewards Earning

When you use your Venture Card for purchases, you’ll earn miles at the following rates:

• 5x miles on hotels, vacation rentals and rental cars booked through Capital One Travel
• 5x miles on Capital One Entertainment purchases
• 2x miles on everything else

A base rate of 2x miles is impressive, since most rewards credit cards earn only 1x outside bonus categories. This makes the Venture Card a great choice for purchases that don’t fall into bonus categories on other cards, such as medical bills, automobile repairs and insurance payments.

3. Flexible Redemption Options

Capital One miles are among the most versatile travel rewards you can earn. You’ve got several options for redeeming miles with your Venture Card, including: 

• Transfers to airline and hotel partners: Transfer miles to Capital One travel partners, including JetBlue TrueBlue, Air Canada Aeroplan, Wyndham Rewards and Choice Privileges (value varies by partner and redemption)
• Capital One Travel: Use miles to pay for flights, hotels, car rentals and vacation rentals through Capital One Travel (1 cent per mile)
• Purchase eraser: Redeem miles for a statement credit to “erase” eligible travel purchases made with your card in the past 90 days (1 cent per mile) 
• Gift cards: Purchase gift cards from popular merchants with miles through Capital One’s platform (value varies, usually 0.8 to 1 cent per mile)
• Pay with miles: Use miles to cover your purchase at checkout with Amazon or PayPal (0.8 cents per mile)
• Cash back: Redeem miles for cash back as a statement credit or check (0.5 cents per mile)
• Experiences: Use miles to buy tickets to exclusive events, concerts, sports games and theater productions through Capital One Entertainment (value varies)

Of these options, redeeming for cash back is best avoided, since you’ll only get a value of 0.5 cents per mile — half of what you’d get if you redeemed for travel purchases, for example. That said, if travel isn’t on the horizon, there’s no rush to redeem because Capital One miles don’t expire as long as your account is open and in good standing.

I often use my Capital One miles to erase travel purchases that aren’t easily offset with airline miles or hotel points. For example, I recently booked a family cruise to the Bahamas and redeemed miles to cover the cost, making the trip much more affordable.

4. Global Entry/TSA PreCheck Credit

Cardholders receive up to $120 in statement credits once every four years to reimburse the application fee for Global Entry or TSA PreCheck. If you’re already enrolled in one of these Trusted Traveler Programs, you can pay for someone else’s application fee with your card and still receive the credit.

Global Entry membership includes TSA PreCheck privileges, so if you’re choosing between the two programs, keep that in mind.

5. No Foreign Transaction Fees

Capital One credit cards, including the Venture Card, don’t charge foreign transaction fees for purchases made outside the U.S. Cards without foreign transaction fees can save you up to 3% on overseas transactions, making the Venture Card an excellent choice for international travel.

6. Travel Insurance 

Having travel insurance built into your credit card can save you a significant amount of money if you encounter mishaps on your trip. The Capital One Venture Card offers several protections when you use it to pay for travel, including:

• Car rental insurance: When you pay for your rental with the Venture Card and decline the rental agency’s collision insurance, you can be covered for damage due to theft or collision on most vehicles.
• Travel accident insurance: Pay your fare with the card to receive automatic travel accident insurance for covered losses while on a trip.
• Travel assistance services: Cardholders can access a 24/7 hotline for referrals and trip planning (third-party costs are the cardholder’s responsibility).

The rental car insurance on the Venture Card is secondary coverage, meaning it reimburses amounts not covered by your personal auto policy (if you have one). If you prefer primary coverage, check out our guide to the best credit cards with car rental insurance.

7. Shopping Perks

The Venture Card comes with additional perks that can protect your purchases, save you money or get you access to exclusive events. 

For example, you can take advantage of extended warranty protection on eligible items purchased with the card, or statement credits by activating Capital One Offers at participating merchants and making qualifying purchases.

Cardholders also get access to the Capital One Entertainment platform, which offers exclusive access to concerts, sports games, theater productions and other events.  

8. Lifestyle Collection Benefits

Capital One Venture Card members can book stays with the issuer’s premium Lifestyle Collection of hotels. These bookings come with additional benefits, including:

• $50 experience credit at hotels to use toward dining, drinks and other hotel amenities
• $50 experience credit at vacation rentals to use toward services like in-home chef meals and fridge stocking
• Room upgrades (when available)
• Early check-in and late checkout (when available) 
• Complimentary Wi-Fi

You can make Lifestyle Collection bookings through Capital One Travel. Remember, you’ll earn 5x miles on hotels and vacation rentals (including the Lifestyle Collection) booked through the platform.

9. Hertz Five Star Status

Cardholders can enroll with Hertz Gold Plus Rewards to upgrade to complimentary Five Star® status.* This level of elite status unlocks access to a wider selection of rental vehicles, upgrades to the next highest car class when available, and elevated rewards earning.

You’ll need to enroll through the benefits section of your Capital One online account to activate your status. 

Bottom Line

The Capital One Venture Card is worth it for many travel enthusiasts. New cardholders can earn an excellent welcome bonus of 75,000 miles after spending $4,000 on purchases within the first three months of account opening, and the card earns at least 2x miles on all purchases.

Beyond rewards, the Venture Card’s benefits are a major plus. From statement credits to travel and purchase protections, it offers a value that can far exceed the $95 annual fee.

Read our Capital One Venture review for a closer look at everything the card has to offer.

For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

*Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.