Learn how to apply for the Capital One Venture Rewards card

I want the Capital One Venture Rewards card, what should I do?

The Capital One Venture Rewards card is characterized mainly by its ability to reward the cardholder. You can earn rewards for every purchase and take advantage of the initial sign-up bonus, and, in addition, redeeming your points is simple,

Once you have redeemed them, you will find it easy to use them for shopping for products and for travel.

So let’s recap what you get if you become a Capital One Venture Rewards cardholder.

Taking advantage of the new cardmember offer, you earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening.

With the Capital One Venture Rewards card, you earn unlimited 2 miles per dollar on every purchase, and miles per dollar on hotels and rental cars booked through Capital One Travel.

You will pay an annual fee of $95 for this card, which is a high rate in terms of the market average. On the other hand, you will have so many advantages and benefits, that you will feel that this fee has been more than compensated.

It’s possible to redeem miles for travel. You aren’t going to find many travel credit cards better than the Capital One Venture Rewards card. Book a trip with miles through Capital One Travel—or use miles to get reimbursed for past travel purchases made elsewhere. Travelers won’t pay a transaction fee when making purchases outside of the United States.

Your rewards are yours for the life of the account—they will not expire. But if your account is closed, you will lose any rewards you have not redeemed. There is no cap on the number of rewards you can earn on purchases.

Who can apply?

The recommended credit score is good to excellent (690 – 850). As such, it is not a card for all financial profiles.

You can see if you are pre-approved to have the Capital One Venture Rewards card on the Capital One website.

How to apply?

Applying online

You can go directly to Capital One’s website and apply for the Capital One Venture Rewards. As usual, a form will open, in which you will provide personal, contact, and financial information. In this form,

Accept the terms and that’s it.

Is it worth applying for a Capital One Venture Rewards card?

Only apply for the Capital One Venture Rewards card if you have a very good credit score and are willing to pay the high fees for this card. In that case, the card may be worth it.

This card works for people whose major focus in the realm of card rewards is travel redemptions. The travel benefits are useful and you pay nothing for shopping outside the United States.

On the other hand, the lack of a low introductory APR means it isn’t a good card for balance transfers or financing large purchases.

Capital One Venture Rewards card vs Ink Business Unlimited

Both cards have an interesting cashback policy. In direct comparison, Capital One Venture Rewards card offers a higher percentage of 2% versus 1.5% for card Ink Business Unlimited. On the other hand, the annual fee for Capital One Venture Rewards card is high, $95, while card Ink Business Unlimited has no annual fee.

Ink Business Unlimited is ideal for small business owners looking for simplified rewards.

With Ink Business Unlimited credit card offers a $750 bonus cashback after you spend $7,500 on purchases in the first 3 months from account opening. There’s a 0% intro APR on purchases for 12 months, which makes this card a good option for entrepreneurs starting their business with no cash on hand..

But if you are an entrepreneur really willing to understand in detail how to choose a business credit card, then perhaps by digging deeper you will be able to discover credit cards that are more in line with your business’ purchasing profile.

Capital One Venture Rewards card pros:

• 75,000 miles once you spend $4,000 on purchases within 3 months from account opening.
• 5 miles per dollar on hotels and rental cars booked through Capital One Travel and an unlimited 2 miles per dollar spent on other purchases.
• No foreign transaction fees.
• Flexible rewards redemption.
• Many travel and shopping benefits.

Ink Business Unlimited pros:

• $750 bonus cash back.
• Earn unlimited 1.5% Cash Back rewards on every purchase made for your business.
• 0% intro APR for 12 months from account opening on purchases.
• Employee cards at no additional cost.
• Travel & purchase coverage.

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