How you can earn 75,000 miles with the Capital One Venture Rewards card

18.03.2024 - 17:17 / thepointsguy.com / Airlines

The Capital One Venture Rewards Credit Card is a great choice for beginners and experts looking for an easy way to earn miles without having to put much thought into it.

Right now, the card is giving new applicants the chance to earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.

If you don't have this card, this offer will net you $1,388 in rewards (per TPG valuations) after hitting a very manageable spending requirement — on top of a solid return on everyday spending and a few notable travel benefits.

Here's what you need to know about the Capital One Venture's current offer.

The Capital One Venture Rewards currently offers 75,000 bonus miles after you spend $4,000 on purchases within the first three months of account opening. Based on our estimates, this bonus is worth nearly $1,400, thanks to Capital One's impressive roster of transfer partners. And it's possible to squeeze significantly more value from that bonus if you know how to redeem Capital One miles for maximum value.

Note that this welcome bonus is identical to the premium Capital One Venture X Rewards Credit Card. As a result, be sure to crunch the numbers to ensure that the standard Venture card still makes the most sense for your situation.

Related: Best Capital One credit cards

This card earns a flat 2 miles per dollar on most purchases. So, if you spend $4,000 on it to earn the welcome bonus, you'd earn a total of 83,000 miles in the first few months. That bumps the total value of your miles after earning the bonus up to $1,536, based on TPG valuations.

In addition, you could earn even more on those purchases, as the Venture card offers 5 miles per dollar spent on hotels and car rentals booked through Capital One Travel.

While some travel credit cards may earn slightly higher rates on select categories such as groceries or dining, the draw here is the simplicity — and guarantee — of earning 2 miles per dollar on almost anything you buy without memorizing bonus spending categories.

Related: How (and why) you should be earning lots of Capital One miles

Your total value from this sign-up bonus depends on how you redeem your miles. There are some different good options:

When converting your miles to hotel points or airline miles, most partners offer a 1:1 transfer ratio, though some unfortunately transfer at a 2:1 or 2:1.5 ratio.

If you don't want to deal with transferring your miles to these partners, you can always redeem your miles to "pay" for travel charges made to the card. These redemptions can be very handy in a world where you may be renting RVs, booking vacation home rentals or securing a cabin close to home more often than hopping on a flight to the other side of the