Capital One Venture Card: miles, fees and transfers

How do you earn miles with the Capital One Venture card?

Every purchase earns an unlimited 2 miles per dollar, and Capital One states there is no limit to the number of miles a cardholder can collect. [1] The rate rises to 5 miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel. [1] Tickets bought on the Capital One Entertainment ticketing platform also earn 5 miles per dollar. [1]

New primary cardholders can earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening. [1] The bonus is one-time and is added to the rewards balance within two billing cycles of qualifying. [1] Applicants who have received a new cardmember bonus for the Capital One Venture card or the Venture X card in the previous 48 months are not eligible. [1]

What does the $95 annual fee include?

Alongside the earning rates, the card carries travel and shopping benefits. Eligible cardholders can receive up to a $120 statement credit when they use the card to complete and pay for a Global Entry or TSA PreCheck application; one credit is processed per account every four years and posts within two billing cycles of the charge. [1] Eligible Venture cardholders also receive complimentary Hertz Five Star status, with enrolment completed through the Benefits Tab link in the Capital One website or mobile app. [1]

Hotel and vacation rental stays booked through Capital One Travel in the Lifestyle Collection carry a $50 experience credit, applied per room and per stay for hotels and per stay for rentals, plus complimentary Wi-Fi and, when available, room upgrades, early check-in and late checkout. [1] Capital One Travel also offers price prediction, price drop protection and a price match guarantee on flights, hotels and rental cars, although availability varies by account and terms apply. [1] Cardholders can add an authorized user to the account. [1]

What are the rules on the $300 travel credit?

Eligible Venture primary account holders receive a one-time $300 Capital One Travel Stays credit toward hotel and vacation rental purchases made through Capital One Travel. [1] The credit expires one year after account opening and can be used in full for one purchase or in parts across several. [1] No rewards are earned on purchases paid with the credit, and the account must be open and in good standing to receive or use it. [1] If a booking paid with the credit is cancelled, the credit is restored provided it has not expired; an expired credit is not restored. [1] These rules describe travel credits on this card only, not credit card travel credits in general. [1]

How do you redeem Capital One Venture miles?

Miles can be spent on flights, hotels and other bookings made through Capital One Travel, or used to reimburse the cost of a recent travel purchase charged to the card. [1] Capital One states that redemptions carry no blackout dates and no seat restrictions, which is a booking condition rather than a promise of award availability on any particular flight. [1] Other options include cash back as a statement credit or a check, gift cards, Amazon.com purchases, PayPal purchases at eligible online stores, and tickets and packages through Capital One Entertainment. [1]

Cardholders can also move miles to their choice of more than 15 travel loyalty programs, which makes the miles a form of transferable points. [1] Redemption rates for these options may vary and can change, and once a transfer is final the value and expiry of the transferred rewards are governed by the receiving loyalty program's terms. [1] Statement credits lower the account balance but cannot be used to meet minimum payment obligations. [1]

Limits, conditions and exceptions

• The 75,000-mile bonus requires $4,000 of spending in the first three months from account opening, and the 48-month bar covers previous new cardmember bonuses on both the Venture card and the Venture X card. [1]
• The $300 Capital One Travel Stays credit is tied to the first cardholder year and expires one year after account opening, whether or not it has been used. [1]
• The Global Entry or TSA PreCheck credit is limited to one statement credit per account every four years, applies to the application fee charged to the card first, and is reversed if the purchase is returned, refunded, cancelled or modified. [1]
• Lifestyle Collection benefits must be booked through Capital One Travel in the eligible cardholder's name, with the cardholder travelling, and back-to-back bookings of the same property within 24 hours count as one reservation. [1]
• Miles earned on Capital One Entertainment purchases are reclaimed if the purchase is cancelled or returned, and that rate excludes tickets bought directly through Capital One Hall or Capital One Arena ticketing services. [1]
• Some cardholder benefits are available only to the primary cardholder and not to authorized users, and insurance benefits vary by product, so the Guide to Benefits governs. [1]
• Capital One Venture X is a separate card with its own terms: a $395 annual fee, 10 miles per dollar on hotels and rental cars and 5 miles per dollar on flights and vacation rentals booked through Capital One Travel, and 2 miles per dollar elsewhere. [4] Those rates and fees apply to Venture X, not to the Venture card. [4]

Frequently asked questions

Do Capital One Venture miles expire?

No. Capital One states that Venture rewards do not expire for the life of the account. [1]

How much is the Capital One Venture annual fee?

The annual fee is $95, and the card has no foreign transaction fee. [1]

Can you transfer Capital One Venture miles to airline and hotel programs?

Yes, miles can be transferred to a choice of more than 15 travel loyalty programs. [1] Once a transfer is final, the receiving program's terms set the value and expiry of those rewards. [1]

What is the current Capital One Venture sign-up bonus?

As of 18 October 2026, new primary cardholders can earn 75,000 bonus miles after spending $4,000 within the first three months from account opening. [1] The bonus is one-time and is not available to applicants who received a new cardmember bonus for the Venture or Venture X card in the past 48 months. [1]

Can Venture miles be used without booking through Capital One Travel?

Yes. Miles can be used to cover the cost of a recent travel purchase made with the card, or redeemed for cash back, gift cards and other options. [1]

Related pages

Browse the frequent flyer glossary for the underlying concepts, including miles and points expiry and points transfers between programs.

Sources

Sources checked on 18 October 2026. Other Capital One cards, including Venture X and Venture X Business, are covered only where a separate statement is labelled as such, and the individual airline and hotel loyalty programs that Venture miles can be transferred to are not covered here.

1. Capital One Venture Rewards card page and rate, fee and benefit footnotes, checked 18 October 2026
2. Capital One Venture X card page, checked 18 October 2026