You can use some of your miles to redeem with the Purchase Eraser, while transferring other miles to a partner like British Airways or Wyndham Hotels. Better still, you don’t have to choose one way or the other. If you prefer redeeming your miles by transferring them to airline and hotel partners, the Capital One Venture has that feature, too.

Understanding the benefits of transfer partners There’s no limit to how many miles you can earn with Capital One Venture, and your miles won’t expire for as long as you keep the card open. You can even redeem your miles for just a portion of the purchase and pay for the remainder with the rest of your credit card statement. That’s a total of 83,000 miles, worth $830 if you utilize those miles on travel purchases, but potentially even more with the right transfer partner strategy.Įach mile you earn with the Venture can be redeemed for any travel booking you make with the card at a value of 1 cent per mile by using the card’s Purchase Eraser tool. Since the Capital One Venture earns 2 miles per dollar on all purchases, you’ll also earn another 8,000 miles on your $4,000 in spending. The Venture currently offers 75,000 bonus miles to new card holders when you spend $4,000 on purchases in the first three months after opening the account. It’s an excellent credit card for everyday spend, and pairs well with cards like the Chase Freedom Flex (which offers rotating bonus categories) or The Platinum Card® from American Express (which offers extensive travel benefits and an industry-leading 5 points per dollar on airfare booked directly with the airline or via, and on prepaid hotel bookings via ). You earn 2 miles for every dollar you spend on every single purchase you make, with no limits or thresholds. This credit card is renowned for its simplicity. With just a $95 annual fee, this credit card offers above-average earning, an easy-to-understand redemption policy and a growing network of transfer partners for those who enjoy the art of getting crafty with miles in order to eke every ounce of value from each one. The Capital One Venture punches well above its weight. Not only does it appeal to those who appreciate simplicity - earning 2 miles for every dollar you spend on everything you buy, and allowing each mile to be redeemed for any travel purchase at a value of 1 cent per mile - but it caters to enthusiasts as well.

That said, the Capital One Venture manages to accomplish something that few cards can. (If you can feel that prior sentence in your bones, Capital One’s no-nonsense approach is apt to fit your style.) While some credit cards like the Chase Freedom Flex℠ allow you to earn more on certain purchases thanks to rotating bonus categories, keeping up with what’s what may feel like a job unto itself. The Capital One Venture card is ideal for those who appreciate a good vacation, but don’t have the time or drive to treat points and miles as a full-time hobby. Keeping up with all the nuanced features, earning rates and redemption options on your credit cards can be exhausting. airlines.Ĭurrent sign-up bonus: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first three months after opening the account.īest for: Savvy travelers who appreciate simplicity in earning and redeeming travel rewards. Transfer partner list doesn’t include any of the “Big 3” U.S.No introductory rate on balance transfers or purchases.Your CNN account Log in to your CNN account