Capital One Venture Card benefits guide

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The Capital One Venture Rewards Credit Card is one of the most popular travel credit cards, especially among those that prefer easy-to-use cards with flexible rewards.

The Venture card is best known for unlimited 2 miles per dollar on all purchases, but its 100,000-mile sign-up bonus for spending $20,000 on purchases within your first 12 months also made a splash in a pond full of big fish. If that spending requirement is a bit steep for your budget, you can still earn 50,000 miles after spending a more manageable $3,000 within three months.

You don’t see flat-rate reward cards very often in the travel world, and the main benefit on top of the simple rewards scheme is that the Capital One miles you earn are remarkably adaptable. Venture card miles don’t have blackout dates or expire for the life of your account, plus you can redeem them for 1 cent per point to cover eligible travel purchases from any merchant you’ve already made in the past 90 days.

Although the non-travel redemption choices (like cash back) probably won’t get the most mileage out of your rewards, the sheer number of miles you can earn makes offsetting the $95 annual fee an afterthought.

Capital One Venture’s biggest benefits

Aside from those primary perks, here are a few of the Venture card’s biggest selling points:

  • No foreign transaction fees on purchases made outside the U.S.
  • Up to $100 Global Entry or TSA Precheck application fee credit
  • Auto rental collision damage waiver reimburses up to most rental vehicles’ actual cash value in case of theft or collision damage
  • 24-hour travel assistance to help you organize medical, legal and/or travel services and get home safely
  • Capital One Access grants you opportunities to snag presale tickets and exclusive sporting, musical and culinary experiences
  • Capital One Mobile App controls and other and security features like Card Lock, $0 Fraud Liability, account alerts and emergency card replacement
  • Over 10 partner travel programs to transfer Capital One miles to for a potentially higher value, including major airlines and hotels like JetBlue and Wyndham Rewards

Lesser-known Capital One Venture benefits

Although they may not be the top-billed benefits, these features certainly help make the Capital One Venture card a unique, competitive choice. After diving into the card terms, here are the most noteworthy perks that may have slipped under your radar:

Travel protections

Paying with your Venture card can insure eligible purchases—and yourself—with these staple travel card protections:

  • Purchase security: Also known as “purchase protection,” eligible items in need of repairs, replacement or reimbursement are covered for up to $500 per claim for up to 90 days after the purchase date.
  • Extended warranty coverage: You can register and extend eligible items’ original manufacturer’s warranty period by up to one year on warranties of three years or less.
  • Travel accident insurance: You, a spouse and unmarried dependent children will be automatically be covered for up to $250,000 in case of a qualifying loss of life, limb, sight, speech and/or hearing as a passenger on common carrier transportation, like planes, trains and some public transit.

Visa Signature benefits

Although Capital One doesn’t advertise it widely on the card page, the Capital One Venture is a Visa credit card—branded with the Visa Signature line of features, specifically. You won’t get top-of-the-line travel features like trip cancellation/interruption insurance or complimentary airport lounge access since Visa Signature is the middle Visa tier (those perks come with luxury Visa Infinite cards), but the perks you do have can be plenty valuable.

Check with your issuer and Capital One’s Visa Signature terms for more details.

  • Lost luggage reimbursement: Paying your entire common carrier travel ticket with your card will cover your lost or stolen checked and carry-on bags for up to $3,000 of eligible items.
  • Travel upgrades and discounts: Your card also opens the door to a range of special travel offers, including premium hotel benefits like complimentary room upgrades (upon availability at check-in), Wi-Fi, daily continental breakfast, VIP guest status, a $25 food/beverage credit (upon checkout) and the “Best Available Rate Guarantee” (policy currently unavailable) at over 900 properties worldwide in the Luxury Hotel Collection. You can also receive special discounts on Audi car rentals through Silvercar, over 60 Sonoma County wineries and golf fees and merchandise through Troon Rewards.
  • Visa Signature Concierge: Visa’s 24-hour concierge service acts like a personal assistant to help you with a variety of tasks like booking travel or entertainment tickets, arranging dinner reservations and even shopping for gifts.
  • Roadside dispatch: By calling 1-800-847-2869, you’ll also have access to pay-per-use 24/7 Roadside Dispatch. Standard service calls currently charge a set $59.95 fee and include standard towing, tire changing, jump-starting, lockout, fuel delivery and standard winching services.

Eno assistant and virtual credit card numbers

If you’re a stickler for security, Capital One credit cards could be some of the best cards for online shopping if you want the extra layer of protection a virtual credit card number can offer.

Eno, Capital One’s assistant program, helps you manage your account and alerts you of any suspicious activity. Plus, Eno’s security measures extend to creating and storing unique virtual credit card numbers for each merchant that you shop online with. That way, your card data stays under close watch because merchants never see your real credit card number.

Virtual credit card numbers aren’t as common as they used to be, primarily since digital wallets now perform a similar function, but this Capital One perk still delivers another level of comfort.

CreditWise credit monitoring

Speaking of security, Capital One offers a comprehensive credit monitoring service with no cost, credit card number or Capital One affiliation required. CreditWise gives weekly VantageScore updates and simulations, alerts you to any TransUnion credit report changes and even scans the dark web for your social security number in case your personal data may have already been seen by identity thieves.

Capital One Shopping

Capital One Shopping is a browser extension that scours the web and 30,000 other retailers for competing prices and coupon codes to help you save money. You can also earn rewards called Capital One Shopping Credits on eligible purchases, which you can redeem for gift cards to popular retailers like Walmart and eBay.

It’s similar to other online shopping extensions such as Honey, but Capital One Shopping is a free, under-the-radar perk that can effortlessly save you a buck from time to time.

The bottom line

If you’re in the market for a straightforward, affordable travel card, the Venture rewards credit card has the richest portfolio of travel benefits that Capital One has to offer. It’s easy to cover the $95 annual fee with these perks; the card’s no-annual-fee sibling, the Capital One VentureOne Rewards Credit Card, has similar benefits but doesn’t come with a Global Entry or TSA Precheck application fee credit. That up to $100 credit alone can cover your fee for the first year, and the higher rewards rate can cover you in the following years.

Still, while the Venture card offers a solid platter of perks, some cardholders might be better off with products more tailored to their spending. The identically priced Chase Sapphire Preferred® Card, for instance, includes hard-to-beat features like boosted reward redemption value toward travel, extensive travel protections and partner offers with popular services like Lyft and DoorDash.

And though the Capital One Venture offers a lot of value for the price tag, you get what you pay for. If you want a travel card stuffed with premium benefits, you’ll have to look into luxury travel cards like the Chase Sapphire Reserve® and The Platinum Card® from American Express. Those cards’ $500+ annual fees can be pricey for many everyday cardholders, so the Venture card may still be one of the best options for less frequent travelers.

Written by
Garrett Yarbrough
Credit Card Reviews Writer
Bankrate expert Garrett Yarbrough strives to make navigating credit cards and credit building smooth sailing for his readers. After regularly featuring his credit card, credit monitoring and identity theft analysis on NextAdvisor.com, he joined the CreditCards.com and Bankrate.com teams as a staff writer to develop product reviews and comprehensive credit card guides focused on cash back, credit scores and card offers.
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