Link: Apply for the Capital One Venture Rewards Credit Card with 75K bonus miles plus a $250 travel credit

The popular Capital One Venture Card has just introduced a new limited time welcome offer, which is incredibly lucrative. Let’s go over all the details.

Capital One Venture Card offering improved bonus

The Capital One Venture Card is now offering a two-part welcome bonus:

• Earn 75,000 Capital One miles after spending $4,000 within the first three months; personally I value Capital One miles at 1.7 cents each, so to me those miles are worth a massive $1,275
• Receive a $250 Capital One Travel credit that can be used toward purchases in the Capital One Travel portal; the credit expires one year after account opening

For context, the card has been offering the 75,000 bonus miles bonus for some time. The new aspect of the offer is a $250 Capital One Travel credit. That’s really lucrative, since I’d consider that to be nearly as good as cash, given that it can be applied toward a flight, hotel, etc.

As far as eligibility restrictions go for the Capital One Venture Card, Capital One has very few consistent rules it enforces. Furthermore, you are eligible for this card (including the bonus) even if you have the Capital One Venture X Rewards Credit Card (review).

Why the Capital One Venture Card is worth it

The Capital One Venture Card has a reasonable $95 annual fee, and offers a variety of perks beyond the excellent welcome bonus:

There are lots of great ways to redeem Capital One miles, as they can be transferred to Capital One’s airline and hotel partners. That’s my preferred use of them, as you can get some amazing travel experiences this way.

What about the Capital One Venture X Card?

While the Capital One Venture Card is awesome, how does it compare to the Capital One Venture X Card (review), which is Capital One’s ultra premium credit card? The Venture X has a $395 annual fee, so the fee is significantly higher, but it also offers several great perks that should more than justify the annual fee. Among other things, the Venture X offers:

• A $300 annual travel credit plus 10,000 anniversary bonus miles, which to me more than justifies the $395 annual fee
• A Priority Pass membership (giving you unlimited access to 1,300+ lounges around the globe), unlimited access to 100+ Plaza Premium Lounges, and unlimited access to the Capital One Lounge DFW
• Great travel benefits, including primary rental car coverage and cell phone protection
• Amazing authorized user perks, as you can add up to four authorized users at no extra cost, and they each receive a Priority Pass membership, access to Plaza Premium Lounges, and access to the Capital One Lounge

Personally I think the Venture X is an even better value than the Venture. However, I know some people just want to avoid higher annual fee cards in general, so for those people the Venture could be a better option. Furthermore, even if you have the Venture X, you’re potentially still eligible for the Venture.

Bottom line

The Capital One Venture Card has a phenomenal new welcome bonus of 75,000 Capital One miles plus a $250 Capital One Travel credit upon completing certain requirements. If you’re at all interested in this card and don’t yet have it, this would be the time to apply.

Anyone plan to pick up the Capital One Venture Card with 75K bonus miles plus a $250 travel credit?