14 Venture Card Benefits That You Didn’t Know About
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Written by
Stacy Sare Cohen
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Edited by
Emily Gadd
The Capital One Venture Rewards Credit Card is more than a card to pay for purchases. It is a portal to a world of unexpected travel and shopping experiences, rewards and protections.
With a generous welcome bonus for new card members, high rewards in every category — especially travel and shopping —and multiple ways to redeem them, members uncover hidden benefits and perks with every swipe.
Read on for the Venture Card benefits and perks you didn’t know about.
Welcome Bonus
Venture Card offers an impressive welcome benefit worth writing home about.
1. Welcome Bonus for New Card Members
The Venture Card welcome bonus is beyond 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.
High Rewards Benefits
After getting approved, Venture Card benefits begin with rich rewards.
2. Unlimited Five Miles Per Dollar on Travel
Pay for hotels, vacation rentals and rental cars through Capital One Travel, and you’ll be rewarded with five miles for every dollar you spend.
3. Two Miles Per Dollar on All Other Purchases
While most airline credit cards earn one point per dollar on purchases other than travel, the Venture Card goes the extra distance. You’ll receive twice as many benefits with an unlimited two miles per dollar on everything you purchase with your card.
4. Flexible Redemption Options
You‘ll never lose your miles because they last as long as you keep your account open, and there are no blackout dates. You can use your miles to cover the cost of your travel purchases or take advantage of these other redemption options:
- Redeem miles for gift cards from popular brands.
- Redeem miles in the form of a statement credit or check.
- Use your rewards to pay for purchases at Amazon.com or at online stores through PayPal.
- Redeem for exclusive tickets, event access and perks through Capital One Entertainment (see terms for eligibility requirements)
- Transfer miles to more than 15 travel loyalty programs.
Travel Perks and Protections
Venture Card perks and protections have you covered whether you’re traveling for business or on vacation.
5. Up to a $120 credit for Global Entry or TSA PreCheck
Venture Card perks include up to a $120 in credit off the application fee for Global Entry or TSA PreCheck. This perk can be used every four years and is transferable from the primary cardholder to anyone else.
6. No Foreign Transaction Fees
Another benefit is that you can travel abroad without paying foreign transaction fees. That can save you up to 3% to 5% for each international transaction. This benefit applies to not just the Venture card but all Capital One card members.
Travel Insurance Benefits
Never leave home without travel insurance in case you get in an accident or experience an emergency. Capital One is one step ahead.
7. Trip Cancellation/Interruption Coverage
Members may cancel or interrupt their trip in the case of an emergency or the death of the cardholder or an immediate family member. Cancellation or interruption coverage will be reimbursed up to $1,500.
8. Lost Luggage Reimbursement
If your luggage gets lost or stolen, you can get reimbursed for up to $3,000 per year when you charge an airline ticket and baggage fees on your Venture Card. This benefit applies to either you or an immediate family member. Exclusions include cell phones, furniture, animals, vehicles, art and sporting equipment.
9. Rental Car Insurance
If you deny the rental company’s damage and theft insurance when you rent a vehicle, and your car is damaged or stolen, Capital One will cover your vehicle if your primary insurance company doesn’t pay all the costs. Exclusions include vans, trucks, limousines, motorcycles and exotic, classic or expensive luxury cars.
10. Travel Assistance Services
If you’re away from home, your Venture Benefits include connecting you to critical local emergency and assistance resources when you need them. However, you are responsible for any goods and services received. The service is available 24/7 year-round.
11. Roadside Assistance
Another Venture Card perk is a roadside recovery hotline. Whether you break down and need a jumpstart, a tow within five miles, need a tire change or lock yourself out of your vehicle, the company can get you the help you need around the clock. However, members are responsible for any repairs and costs. As insurance can vary, check terms and conditions.
Shopping Benefits and Perks
Venture Card miles can be redeemed for shopping benefits and perks when you purchase with your Venture card.
12. Capital One Shopping Benefits
Capital One Shopping is a website with various exclusive member discounts for different retail providers. To access partner savings, just download the browser extension on your smartphone or electronic device.
13. Access to Exclusive Dining and Entertainment Events
Venture Card cardholders get inside access to various restaurant and entertainment events. This includes:
- Reservations
- Culinary events
- Presales to concert and sporting tickets
- Events
14. Extended Warranty Protection
Venture Card cardholders may receive extended warranty protection for eligible purchases bought with your card. Contact Capital One for terms.
The Bottom Line
With a benefit of 75,000 bonus miles for new members who meet the spend requirement, five miles per dollar on hotels, vacation and car rentals reserved through Capital One Travel and two miles on everything else, the $95 annual fee may seem like a drop in the bucket if you’re a frequent traveler.
With no introductory rate and a balance transfer fee, 19.99% - 29.24% (Variable) interest can add up if you carry a balance. If you pay your balance in full each month then this rewards card is a strong choice. To learn more, read our Venture Card Review.
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.
Frequently Asked Questions
What are the benefits of the Capital One Venture Rewards Credit Card?
The welcome bonus is the most popular benefit known for the Venture Card. 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. Next in line is five miles for every dollar on hotels, vacation rentals and rental cars when booked through Capital One Travel and two miles per dollar on the rest of your purchases.
How much is 75,000 Capital One miles worth?
The 75,000-mile one-time Venture Card welcome bonus and the limited time travel credit is worth up to $750, depending on whether you redeem it as a statement credit, check or gift card or pay for travel expenses, which offer the best value.
Does Capital One Venture Rewards Credit Card have rental insurance?
Paying a daily rate for the car rental company’s insurance can be expensive. The Venture Card allows members to decline the costly insurance option and use it as secondary insurance to cover additional expenses their primary insurance provider doesn’t pay if the rental vehicle is stolen or damaged.
Does the Capital One Venture Rewards Credit Card have travel insurance?
Venture Card covers cardholders for various travel insurance benefits, including lost luggage reimbursement, travel cancellation and interruption insurance and rental car coverage. Capital One partnerships may provide some coverage.
