Capital One Venture Card benefits guide

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 earning an unlimited 2X miles on all purchases as well as a 75,000-mile sign-up bonus when you spend $4,000 on purchases within the first three months. The card also earns 5X miles on hotels and rental cars booked through Capital One Travel.

You don’t see flat-rate rewards credit cards very often in the travel world. On top of the simple rewards scheme, the main benefit of this card is that the Capital One miles you earn are remarkably adaptable. Venture card miles don’t have blackout dates, and they won’t 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 it easy to more than offset the $95 annual fee.

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 a $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 security features like card lock, $0 fraud liability, account alerts and emergency card replacement
  • 17 partner travel programs to transfer Capital One miles to for a potentially higher value, including airlines and hotels like Aeromexico and Wyndham Rewards

Lesser-known Capital One Venture benefits

Although they may not be the top-billed benefits of the Capital One Venture card, these features certainly help make the 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 the original manufacturer’s warranty period for eligible items by up to one year (on warranties of three years or less).
  • Travel accident insurance: You, a spouse, and unmarried and dependent children are automatically covered for up to $250,000 in case of a qualifying loss of life or injury as a passenger on common carrier transportation (like planes, trains and some public transit).
  • Capital One Lounge access: Cardholders get access to Capital One’s airport lounge.

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. Since Visa Signature is the middle Visa tier, you won’t get top-of-the-line travel features like trip cancellation and interruption insurance or complimentary airport lounge access (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 lost or stolen checked and carry-on bags for up to $3,000 in eligible items.
  • Travel upgrades and discounts: Your card also opens the door to a range of special travel offers. These include Capital One Venture card hotel benefits like potential room upgrades, Wi-Fi, daily continental breakfast, VIP guest status and a $25 food and beverage credit at over 900 properties worldwide in the Luxury Hotel Collection.
  • 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.

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

Capital One also offers a comprehensive credit monitoring service at no extra cost. CreditWise provides 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, known as Capital One Shopping Credits, on eligible purchases, which you can redeem for gift cards to popular retailers like Walmart and eBay.

Although it’s similar to other online shopping extensions such as Honey, 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 and affordable travel card, the Capital One Venture should be a great fit (and with the perks offered by this card, it’s relatively easy to cover the $95 annual fee). The Venture’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 in credits 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 elite 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.

Learn More: Is the Capital One Venture Card worth it?