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The Capital One Venture Rewards Credit Card is offering a welcome bonus of 75,000 miles for new cardholders who spend $4,000 within the first three months. This offer translates to approximately $1,388 in rewards according to TPG's October 2024 valuations. By meeting the spending requirement, users can earn a total of 83,000 miles, valued at $1,536.
The card provides a straightforward earning structure with 2 miles per dollar on most purchases and enhanced earnings of 5 miles per dollar on hotels, vacation rentals, and car rentals booked through Capital One Travel. It offers simplicity without the need to track bonus categories.
Cardholders have two main options for redeeming their miles: redeeming them for travel at a rate of 1 cent per mile or transferring them to over 15 partner airlines and hotels. Transfers typically occur at a 1:1 ratio but may vary with some partners.
