Capital One Venture Has a Brand New 50,000 Mile Signup Bonus Offer

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Capital One® Venture® Rewards Credit Card

Capital One’s Venture card most frequently has had a 40,000 mile signup bonus. However they’ve just bumped that up — something I’ve rarely seen them do.

The current offer is a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel.

I do remember a 50,000 mile offer in January 2014 and of course in 2011 and 2012 there was a matching offer up to 100,000 miles but I haven’t seen anything like that since.

Some readers use this as an everyday card because it earns 2X miles per dollar on every purchase, every day and a 50,000 mile bonus makes it that much more appealing. And especially so since the annual fee is $0 intro for first year; $95 after that it’s a great deal overall.

Capital One’s points let you buy any flight without worrying about restricted award availability. This is most useful for people who use their rewards for domestic economy flights, and can be especially valuable over peak travel dates.

I used to care that Capital One pulled all three major credit bureaus when applying for a card but the truth is that doesn’t worry me much anymore.

Capital One® Venture® Rewards Credit Card

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

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Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of any advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.

Comments

  1. Thanks for posting this. Funny, I used to look down my nose on Capital One offers. But with the shrinking availability of award flights and mileage upgrades, this 50,000 bonus begins to look more appealing for at least certain domestic flights.

  2. Just a note for those who get a lot of credit cards and have high credit scores, Capital One really doesn’t want your business. Their business model is focused on getting customers with mid-level credit risk, who will likely run balances and pay interest, but have strong enough income to eventually pay it off. If you have a lot of accounts but don’t carry balances, you will likely be rejected.

  3. +1 DCCJoe
    Just applied and denied. I have 800+ credit scores but a fair amount of applications. Never carry a balance.

  4. This card used to be $59/year, looks like with this new offer they have upped the annual fee to $95. They’re also now issuing as a metal card (WHO CARES?!). CapOne has great international service, and has overnighted me at least 10 cards internationally over the past six year’s I’ve been a cardmember. Their apps and spendtracking on separate cards are also quite good. Looks like they’re going after Sapphire and Barclaycard by introducing the new metal cards–but no new benefits at all. They do not refund or let you drop the annual fee unless you call in before it posts— so beware if you apply, and cancel before your anniversary if you don’t want to keep this card.

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