Capital One Venture Rewards Credit Card Review

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The Capital One Venture Card earns 2x miles everywhere and offers valuable benefits such as no foreign transaction fees, a Global Entry credit, purchase protection, and rental car insurance. 

Deals Points Card Rating:
4/5

75,000 Bonus Miles
Capital One Venture Rewards
  • Earn 75,000 Bonus Miles After Spending $4,000 Within the First Three Months
  • 5x Miles on Hotels and Rental Cars via Capital One
  • 2x Miles Everywhere Else
  • 2 Free Visits to Capital One Lounges Each Year
  • Global Entry or TSA Pre-Check Credit
  • Hertz 5-Star Elite Status
  • Rental Car Insurance and Extended Warranty
  • $95 Annual Fee
Learn More

Global Entry / TSA Pre-Check Credit

This card offers a Global Entry or TSA PreCheck fee credit.

TSA PreCheck is a membership program offering dedicated airport security lines and faster security screening (typically 5 minutes or less) at more than 200 airports across the United States and includes over 81 airlines.

With TSA PreCheck, you do not need to remove your shoes, laptop, small liquids, belts, or light jackets.

Global Entry includes TSA PreCheck and expedited immigration upon arrival from an international trip back to the United States.

TSA PreCheck and Global Entry require an interview and background check, but TSA PreCheck is typically faster and easier to obtain. 

If you already have Global Entry or TSA PreCheck, you could use the card to purchase Global Entry for a family or friend or use it when your membership needs to be renewed. (Some TSA PreCheck enrollment centers require the credit card name to match the applicant’s name, whereas Global Entry doesn’t have the same requirement.)

TSA Precheck

No Foreign Transaction Fees

This card has no foreign transaction fees on purchases outside the U.S., which is helpful if you travel internationally to help you avoid paying a 3% fee on those international purchases.

Santorini Europe

Extended Warranty

Credit card extended warranty protection adds up to an additional year of coverage for eligible purchases on manufacturer’s warranties up to 3 years.

Coverage matches the protection provided by the original warranty so that damage or defect would have to be covered by the original warranty for extended warranty coverage.

The maximum coverage is $10,000 per item and $50,000 per cardholder.

For example, if you bought a TV with a manufacturer’s warranty of three years, then this card would extend the warranty for free to the fourth year.

But if the TV comes with a four or five-year warranty, you should consider using an American Express or Citi credit card, which covers warranties up to 5 years.

Purchase Protection for 90 Days

Purchase protection can save you a lot of money if you bought an eligible item that is damaged or stolen within 90-days.

For example, if accidentally dropped your new phone or laptop and broke the screen, you could file a claim to get it replaced if it was purchased within the last 90 days.

Coverage for this benefit is limited to $10,000 per claim and up to $50,000 per cardholder.

Credit Card Purchase Protection Broken Phone

Secondary Rental Car Insurance

Secondary rental car insurance covers any damage to a rental car not covered by your primary insurance when you pay for the rental using this card.

Other credit cards offer primary rental car insurance, which pays before your insurance and saves you the hassle of filing multiple insurance claims.

But there are situations where this secondary insurance becomes the primary insurance, including when renting a car outside the U.S. and your personal car insurance does not cover you in that country, or if you don’t have collision insurance.

You still need to maintain liability car insurance to cover damage to another person or property.

Hertz 5-Star Elite Status

The Capital One Venture gives you Hertz 5-Star Elite status after linking your account, which gives members:

  • A 25% Points Bonus
  • Upgrades (if available) or at Ultimate Choice locations, you can choose a car from the 5-Star Aisle when you book an intermediate car or higher
  • Free additional driver for spouse of domestic partner
Rental Car Insurance
Photo: Hertz

Lost Luggage Reimbursement

Lost luggage reimbursement covers the cost to repair or replace your luggage and the contents inside if your bag is lost or damaged during a covered trip.

You must purchase the trip with this card, and it will also cover immediate family members traveling with you.

Coverage is also secondary to any reimbursement from the airline or common carrier. For example, if your bag and its contents were worth $1,000 and the airline gave you $200, you could file a claim for $800.

Luggage

Travel Accident Insurance

Travel accident insurance pays out a specified benefit in the very unlikely scenario that you or your immediate family become severely injured, including dismemberment, loss of sight, hearing, or speech, or death due to a covered accident on a common carrier during your travels when purchased with this card.

75,000 Bonus Miles
Capital One Venture Rewards
  • Earn 75,000 Bonus Miles After Spending $4,000 Within the First Three Months
  • 5x Miles on Hotels and Rental Cars via Capital One
  • 2x Miles Everywhere Else
  • 2 Free Visits to Capital One Lounges Each Year
  • Global Entry or TSA Pre-Check Credit
  • Hertz 5-Star Elite Status
  • Rental Car Insurance and Extended Warranty
  • $95 Annual Fee
Learn More