Capital One · Flexible points · Visa/Mastercard

Capital One Venture Rewards: what it's really worth

The Capital One Venture Rewards has a $95 annual fee. For a typical household spending $2,070 a month, it's worth about $1,651 in year one and $601 each year after.

Annual fee$95

Sign-up bonus$1,05075,000 miles after $4,000 in 3 mo

Net value · year 1$1,651

Net value · each year after$601

Some 2026 offers added a $250–$300 Capital One Travel credit.

Calculate it with your own spending

Is the annual fee worth it?

Worth keeping after year one for typical spending: it nets about $95 a year more than the Hilton Honors Card, the best no-fee card for the same spending.

How you earn

Category	Rate	Value per $1	Per year*
Dining	2x	2.8¢	$101
Groceries	2x	2.8¢	$168
Hotels	2x	2.8¢	$27
Flights	2x	2.8¢	$34
Gas	2x	2.8¢	$50
Streaming	2x	2.8¢	$13
Everything else	2x	2.8¢	$302

*At typical monthly spending: dining $300, groceries $500, hotels $80, flights $100, gas $150, streaming $40, everything else $900. 5x on hotels and rental cars booked through Capital One Travel.

Credits and perks

Global Entry / TSA PreCheck credit
Foreign transaction fee: none

Who it's for

Simple 2x miles on every purchase
Travelers who don't want to track categories
Not ideal: Big diners or grocery shoppers — no bonus categories

Can I get it?

Recommended credit: Good
Capital One rules: Generally approves about one new Capital One card every 6 months. Bonuses may be limited if you've had the card in the last 48 months.
Visa/Mastercard: Capital One issues this card on either Visa or Mastercard — check the logo on yours. Both are accepted almost everywhere, but Costco warehouses take only Visa.

Check the current offer at Capital One

Updated Oct 30, 2026.