Capital One Venture Card Review: $500 Off Your Next Vacation With This 50,000 Mile Offer

Want a guaranteed $500 off your next vacation? The Capital One® Venture® Rewards Credit Card is a super easy way to make that happen!
You’ll earn 50,000 Capital One Venture miles (worth $500 in travel) after completing the minimum spending requirements on the card.  You can use Venture miles for practically ANY travel purchase, like airfare, hotels, and rental cars.  You can even use them for things that other miles & points don’t often cover, like Airbnb stays and Uber rides!
Or, you can transfer your miles to 15 airline partners where they’re potentially worth much more toward award travel.  In most cases, you’ll get a 2:1.5 transfer ratio, so it’s like earning 1.5 airline miles per $1 spent!
You can apply for the Capital One Venture credit card here.
Use the Capital One Venture Bonus for a Weekend at Gagliardi Boutique Hotel in Noto, Italy
Capital One Venture Bonus
Apply Here:  Capital One® Venture® Rewards Credit Card

The Capital One Venture card comes with 50,000 Venture miles after spending $3,000 on purchases within the first 3 months.  Because each Venture mile is worth 1 cent each, this bonus is worth at least $500 in travel, and potentially more when you transfer to one of 14 airline partners!
The card comes with a $95 annual fee, waived the first year.
Benefits and Perks of the Capital One Venture
The Capital One Venture has ongoing benefits that can be reason enough to keep the card year after year.
Global Entry or TSA PreCheck Credit
I love that this card reimburses you for Global Entry or TSA PreCheck.  Global Entry is fantastic because it can save you lots of time by getting you quickly through US Customs and Immigration when you return to the US from abroad.
And once you’re approved for Global Entry, you’ll usually get access to the TSA PreCheck security line when traveling domestically.  So you won’t have to take off your shoes or dump out your computer bag when you go through the security checkpoint!
TSA PreCheck Can Help You Traverse the Security Line Quicker and More Efficiently
10 Venture Miles per $1 at Hotels.com
Through January 31, 2020, you’ll earn 10 Venture miles per $1 you spend on hotel stays booked and paid for with your card through this Hotels.com link.
Because Venture miles are worth1 cent each, you’ll effectively receive 10% back on all your hotel stays!  Plus, you can combine this deal with the Hotels.com Rewards program.  So you’ll still be able to earn every 10th night booked with Hotels.com free, in addition to the 10% you can earn with your Capital One Venture card!
This is a feature you won’t find on ANY other card except the Capital One Venture branded cards.  And it’s a good one.
The downfall with this perk is that you won’t earn hotel points or elite night credits for your stay.  And if you have any hotel elite status, the hotel won’t recognize it.  To receive those perks, you must book directly with the hotel (not through Hotels.com).
Rental Car Insurance
The Capital One Venture offers secondary car insurance against collision or theft.  Secondary coverage means your personal or business car insurance company pays first.  You’ll have to pay your insurance deductible but this benefit could still save you lots!
Travel Accident Insurance
You can receive up to $250,000 insurance for accidental loss of life, limb, sight, speech or hearing during a trip you paid for with the Capital One Venture.
Lost Luggage Insurance
You’ll be compensated up to $3,000 per trip when your luggage is lost from theft or misdirection by the airline, cruise, etc.
Is the Capital One Venture Worth the Annual Fee?
I opened the Capital One Venture a couple years ago, and I had an absolute BLAST with the sign-up bonus.  I used part of the bonus ordering extravagant room service in Dubai.  And I used the rest to book a tree house in Barbados through Airbnb.
3 Nights In a Tree House Cost Me ~40,000 Venture Miles (Joseph Hostetler / MMS)
Whether it makes sense for you to keep the card year after year will vary from person to person.  Because we all have different travel styles and spending habits.
In my mind, this question really hinges on one matter: Do you already have other travel credit cards?  The Capital One Venture doesn’t come with many unique travel perks (though it has a couple).  If you’ve been involved in the miles & points hobby for a while, it’s very probable that you already own a card with these same benefits.
For example, if you frequently use Hotels.com to book your hotel stays, this card could be a no-brainer for you.   Because you’ll earn 10 Venture miles per $1 you spend on hotel stays booked and paid for with your card through this Hotels.com link.
The Capital One Venture isn’t terribly difficult to qualify for.  Just make sure your credit score is 700+, and you should have a good chance of being approved.
In general, we don’t recommend anyone apply for travel rewards cards unless your credit score is above 700.  If it’s not, that’s totally fine!  Just take some time to show it the love it needs to breach 700, and you’ll be traveling for free in no time.
Just note that Capital One will NOT process more than 1 application per 6 months.  So, for example, if you’ve applied for the Capital One® Quicksilver® Cash Rewards Credit Card a couple months ago, you’ll need to wait a few more months to open the Capital One Venture.
Note:   When you apply for a Capital One card, they request your credit from ALL 3 credit bureaus (Experian, Equifax, and TransUnion).  Which could temporarily make it a little more difficult to open other cards in the near future.
How to Earn Capital One Venture Miles
Because you earn a flat 2 Venture miles per $1 spent, this card effectively earns 2% back toward travel.  So you’re guaranteed to earn 2 cents towards travel for every $1 you spend.  That’s not the case with lots of other cards!
You Could Use 30,000 Venture Miles for a Night at Mi Amor Boutique Hotel in Mexico
Or, you can transfer your miles to most partners at a 2:1.5 ratio.  So it’s like earning 1.5 airline miles per $1 spent.
For example, the Chase Sapphire Preferred Card earns1 Chase Ultimate Rewards point per $1 on non-bonus spending.  They’re worth 1.25 cents each when you book through the Chase Ultimate Rewards Travel Portal.  And all of Chase’s partners have a 1:1 transfer ratio.
If you don’t like messing bonus categories, the Capital One Venture is up your alley.
How to Use Capital One Venture Miles
There are two main ways that you can use your Capital One Venture Miles once you earn them through the sign-up bonus.
Erase Nearly Any Travel Purchase
Capital One Venture miles are worth 1 cent each.  You can use your miles for nearly any travel purchase, like taxi rides, hotels, room service, and free flights.  And you don’t even have to worry about searching for available award seats or hotel nights!
To redeem your miles for travel, just buy travel like you normally would with your card.  Then, you have 90 days to sign into your online account, find the travel purchase, and “erase” it with your miles!
If You Take Uber, Lyft, or Taxis a Lot, Use Capital One Venture Miles to Erase the Transactions
You also have the option to book travel with your miles instead of purchasing your travel and erasing it later.  You’ll find this option after signing into your account.  If you use the portal, there is no minimum miles requirement to book.
Whether you choose to redeem your points this way or by erasing your purchase later, you’ll still get a value of 1 cent per point.
Transfer to 15 Airline Partners
You have 15 airline transfer options with the Capital One Venture card:

Aeromexico
Air Canada (Aeroplan)
Air France & KLM (Flying Blue)
Alitalia
Avianca
Cathay Pacific
Emirates
Etihad
EVA
Finnair
Hainan Airlines
JetBlue
Qantas
Qatar Airways
Singapore Airlines

The transfer ratio is 2:1.5, so you’ll get 1.5 airline miles for every 2 Venture miles you transfer.
The exceptions are Emirates and Singapore Airlines, which have a 2:1 transfer ratio, so you’ll get 1 airline mile for every 2 Venture miles.
Because you earn 2X miles per $1 spent with the Capital One Venture card, it’s effectively like earning 1.5 airline miles per $1 if you transfer your miles (or 1 mile per $1 spent in the case of Emirates and Singapore Airlines).
You Can Use Flying Blue or Singapore Airlines Miles for Cheap Flights to Hawaii! (Joseph Hostetler / MMS)
Having this option gives you dozens of new ways to redeem Venture miles. 
Some of these partners, like Air Canada, Flying Blue, Qantas, and Singapore Airlines, can make your Venture miles extra valuable!
Does the Capital One Venture Have a Foreign Transaction Fee?
No!
Credit Cards Similar to the Capital One Venture
Read our review of the Barclaycard Arrival Plus
A card with similar benefits and reward earning structure is the Barclaycard Arrival Plus World Elite Mastercard.  You’ll earn 2 Arrival miles per $1 you spend with your card.  And because Arrival miles are worth 1 cent each, this card earns effectively 2% back towards travel, just like the Capital One Venture.
However, to redeem your miles for travel purchases, each transaction will need to be at least $100 (or 10,000 Arrival miles).  That means if you take a $40 Uber ride, you will NOT be able to redeem Arrival miles for the purchase.
The Capital One Venture doesn’t have this restriction.  There is NO minimum redemption increment when redeeming miles.  Unless you’re using miles to partially pay for a travel purchase, in which case the minimum amount is 2,500 Venture miles ($25).
Bottom Line
The Capital One Venture offers 50,000 Venture miles (worth $500 in travel) after spending $3,000 on purchases within the first 3 months of account opening.
This is an excellent card for folks who want free travel without worrying about blackout dates.  You can use your miles to book nearly ANY travel purchase.  So if you find yourself staying at boutique hotels that don’t have a loyalty program, or if you prefer a flat earning rate without juggling bonus categories, this card is what you’ve been looking for.
Or you can transfer the miles you earn to 14 airline partners, most of which have a 2:1.5 transfer ratio.  So it’s like earning 1.5 airline miles (in most cases) per $1 spent.  Depending how you redeem them, you can potentially get much more value from your Venture miles.
The $95 annual fee is waived the first year and it has NO foreign transaction fees.  So it’s an excellent card to use internationally.
You can apply here for the Capital One Venture.
Want to know more about the Capital One Venture and Venture points? Check out these guides:

Capital One Rewards Review
How to Earn Capital One Miles
How to Setup a Capital One Miles Account
Do Capital One Miles Points Expire?

A Detailed Look at the Capital One VentureOne Credit Card Benefits

INSIDER SECRET: Keep this card open long term because it earns flexible miles and will help improve your credit score, with no annual fee.

The Capital One VentureOne Rewards Credit Card is a great no annual fee card option for folks who still want to earn transferable points or receive a quick and sizeable sign-up bonus.
The card also comes with a slew of benefits that makes keeping it long term a no-brainer! Some benefits are standard with most credit cards, but others are particularly valuable or unique to Capital One.
Here’s what you need to know about Capital One VentureOne credit card benefits.
I appreciate the numerous Capital One VentureOne benefits that let me travel with peace of mind. (Photo by Joyseulay/Shuttershock)
I love redeeming Capital One miles for unique travel experiences such as train rides, boutique hotels, or local tours and rentals.
Capital One VentureOne Benefits
Apply Here: Capital One VentureOne Rewards Credit Card
Read our Capital One VentureOne Rewards Credit Card review

When you sign up for a new VentureOne credit card, you can earn 20,000 Capital One miles after you spend $1,000 on purchases within the first three months of account opening. That’s worth at least $200 in travel and can be redeemed toward any travel-related purchase.
But depending on your travel plans and preferences, you can get even more value from your miles by transferring the miles to any of the Capital One transfer partners. My favorite transfer partners are Air France/KLM Flying Blue, Singapore Airlines and Virgin Atlantic. If you can find value in any of the transfer partners, the ability to move around your miles can be a great perk.
You’ll also never pay an annual fee on the VentureOne card, making it a great option of folks with minimal credit history looking to improve their score for the long term. And because this isn’t a “premium” credit card, it’s easier to get approved for than some other Capital One credit cards.
My favorite current benefit of the VentureOne card is that you can earn 10x miles per dollar on hotels when booked and paid through hotel.com/venture through January 2020. That’s a fantastic earning rate and makes it one of my favorite credit cards with no annual fee.
In addition to these features, the VentureOne card offers the following benefits:
No Foreign Transaction Fees
If you love traveling overseas, it’s wise to bring a credit card that won’t ding you or charge you an additional fee for making purchases outside of the US. The VentureOne card is one of my favorite credit cards with no foreign transaction fees.
Extended Warranty
When you use the VentureOne to purchase an eligible item, the card will double the manufacturer’s warranty up to an additional year on eligible warranties of three years or less. That lets you avoid purchasing additional warranties when making big-ticket purchases.
CreditWise from Capital One
Capital One actually offers CreditWise to anyone (even if you’re not a Capital One customer), and it’s a great monitoring tool for keeping an eye on your credit to prevent against identify theft or credit reporting mistakes.
24-Hour Travel Assistance
Capital One will send you an emergency replacement credit card and even a cash advance if you lose your card and need help. This is great as a back up that you hopefully never need to use.
The VentureOne card’s 24/7 travel assistance can come in handy in tricky situations. (Photo by Tanasan Sungkaew/Shuttershock)
$0 Fraud Liability
With this benefit, you won’t be held responsible for unauthorized charges made with your card so you can have peace of mind using your card anywhere and everywhere. This can save you lots of hassle in the unfortunate event that your card gets compromised or stolen.
Card Lock and Virtual Credit Card Numbers
In addition to $0 fraud liability, Capital One will allow you to “lock” your credit card from their app in case you notice that you lost it or it was stolen. You can also request virtual credit card numbers to use online in order to protect your real card account information. Both of these are additional nice-to-haves that give Capital One account holders more peace of mind.
Rental Car Insurance
You’ll get secondary rental insurance when you pay for a rental car using your VentureOne card. This benefit is handy, but you can get even better coverage with one of many credit cards that offer primary rental car insurance.
You can apply for the Capital One VentureOne Credit Card here.
To learn more about Capital One miles, check out our guides:

Capital One Rewards Review
Capital One Miles Value
Best Way to Use Capital One Miles
Capital One Transfer Partners
How to Earn Capital One Miles
How to Setup a Capital One Miles Account
How to Use Capital One Miles
Do Capital One Miles Expire?

For the latest on great rewards credit cards for your travels, please subscribe to the Million Mile Secrets daily email newsletter.

Is the SavorOne Card Worth It? Absolutely — This Is NOT Your Standard No Annual Fee Card

INSIDER SECRET: This is a perfect card for city dwellers who eat out and enjoy shows or entertainment often. You’ll get 3% cash back from all these purchases, with no annual fee to worry about.
We look at hundreds of credit cards to compare features and benefits and bring the best cards to your attention. Through all this searching, many cards start to look alike. Cards without annual fees are nice to have, but they tend to be stripped down in benefits compared to many of the annual-fee versions within the same card family.
However, the Capital One SavorOne Cash Rewards Credit Card is a no annual fee card that bucks this trend. It offers perks and rewards that beat out many cards that carry annual fees.
Here are some of the best reasons why the SavorOne card is worth it if you’re looking for a new no annual fee credit card with awesome features.
The no annual fee Capital One SavorOne is worth it for solid earning rates on dining and entertainment.(Photo by Nejron Photo/Shutterstock.com)
Is the Capital One SavorOne Card Worth It?
Apply Here: Capital One SavorOne Cash Rewards Credit Card
Read our review of the Capital One SavorOne Cash Card

When you open the Capital One SavorOne Card, you’ll earn $150 cash bonus after spending $500 on purchases in the first three months of account opening. That’s a great welcome offer with a relatively low minimum spending requirement.
This card is awesome for anyone who dines out frequently or attends events like live shows, movies, concerts and more.
The feature that sweetens this deal even more is the fact that the Capital One SavorOne card has no annual fee.
Here are some of the best reasons why the Capital One SavorOne card is worth it.
Unlimited Capital One SavorOne Rewards With up to 3% Cash Back
The best benefit of using a credit card for purchases is the rewards that you can enjoy.The Capital One SavorOne card offers cash back rewards up to 3% back on popular categories, including:

3% cash back on dining (includes restaurants, cafes, bars, lounges, fast-food chains and bakeries)
3% cash back on entertainment (includes ticket purchases at movie theaters, professional or semi-professional live sports, amusement parks, tourist attractions, aquariums, zoos, dance halls, record stores, pool halls and bowling alleys)
2% cash back at grocery stores
1% cash back on everything else

For folks who eat out frequently, this card can offer an incredible amount of cash back. While most cash-back cards offer 1-1.5% cash back, this card offers up to 3% cash back on popular bonus categories that you can find yourself using frequently.
The Capital One SavorOne card earns 3% cash back at cafes, restaurants, bars, lounges and more. (Photo by Rawpixel.com/Shutterstock.com)
In addition, there is no limit to the amount of cash back you can earn at any of these earning rates.
This makes the SavorOne card a perfect card for folks who find themselves grabbing meals on the go and enjoying sports and entertainment events often. There is a lot of cash back potential here.
Easy and Flexible Rewards With the Capital One SavorOne
It is very easy to redeem rewards with the Capital One SavorOne card. All rewards are granted in the form of cash back. This means you can use your rewards for anything you want, whether that means travel rewards (which we love), tickets to an awesome sports event, your next meal or anything else.
Cash back is as simple as it gets. Capital One makes it easy to redeem the cash back in the form of either a check or statement credit. I usually recommend getting a statement credit since it lowers the balance on your credit card, and the statement credit is credited very quickly. But I like that check is still an option.
In addition, Capital One offers other convenient options for your rewards. For example, there is no minimum to the amount of cash back you can redeem. Also you can choose to automatically redeem cash back whenever you hit a certain amount (like every $25 for example, automatically transfer it as statement credit to your card). Your hard-earned cash back never expires either as long as your account is open.
Special Access to Experiences and Events
Capital One offers opportunities to get special access to unique events and experiences that you can’t get anywhere else. This is a great compliment to a card that already offers you 3% cash back for entertainment purchases.
The Capital One SavorOne Card can get you VIP or discounted access to special events like music concerts. (Photo by BoJack/Shutterstock.com)
This includes premier culinary experiences, big-time sports events and must-see music events. You can see all of the upcoming Capital One events online.
You can purchase discounted tickets, on-site perks, VIP experiences, and get access to cardholder lounges with your Capital One SavorOne card.
Capital One SavorOne Travel Perks
The SavorOne card also offers travel benefits, making it a good option to take when you’re on the road.
There are no foreign transaction fees when traveling abroad, which is good to see on a no annual fee card.
This card offers other great travel perks:

Travel Accident Insurance: Get automatic insurance for a covered loss at no extra charge when you use your SavorOne card to purchase your fare
24-hour Travel Assistance Services: If your credit card is lost or stolen, you can get an emergency replacement card and a cash advance
Complimentary Concierge Service: Comprehensive, personalize assistance for dining, entertainment and travel. Provided 24/7/365

Tech Savvy Benefits
For those of you who love fresh new technology and want to have a card that offers the most tech-savvy features, then the SavorOne is sure to deliver. Capital One offers lots of really cool features including:

Instant Purchase Notification: Get a push notification to your phone each time a new purchase is approved. You will immediately know if your card is being used fraudulently
Instant Card Lock: Suspect that your card might be lost or stolen? Instantly lock it from the app until you find it.
Virtual Card Numbers from Eno®: If you are making online purchases, you can choose to generate unique virtual card numbers for every website that you visit. If that site is compromised, your real card information is still safe
Account Alerts from Eno®: The Eno virtual assitant uses machine learning and AI to determine if it suspects suspicious activity on your card and will send you messages via the Capital One app. You can chat with the assistant like a real human to resolve the issue.
Manage Recurring Payments: The Capital One app and website will automatically track recurring payments where your card is stored online. This makes it easy to manage ongoing subscriptions.

Capital One puts a lot of effort into their mobile app and it shows. They have one of the best mobile apps in the industry. This offers a lot of convenience and protection while using your SavorOne card.
Should You Get the SavorOne Card?
The Capital One SavorOne card has a lot of amazing features to offer. It is a great card that carries no annual fee. This means you can keep the card open as long as you want. Keeping card accounts open can have a positive impact on your credit score since one factor it considers is the average length of your accounts. Banks like to see longer average lifetime on your accounts, and no annual fee cards are great ways to increase that metric.
Considering the Capital One Savor Card
Our full comparison: Capital One SavorOne vs Savor Cards
The rewards offered by this card are incredibly good, especially for people who know they will use the dining and entertainment categories often. However, it is worth noting that the SavorOne card also has a “big brother” card called the Capital One Savor Cash Rewards Credit Card, which offers an even higher cash-back bonus of 4% cash back on dining and entertainment (other bonus categories are the same). It’s also got a higher welcome bonus of $300 cash back after spending $3,000 on purchases in the first three months of account opening.
The Capital One Savor has a $95 annual fee (which is waived the first year). So you will want to weigh how much you are likely to use those bonus categories to determine if the extra annual fee is worth an additional 1% cash back in those categories. In order to break even with the $95 annual fee, you would need to spend $9,500 per year in dining and entertainment categories (or ~$792 per month). If your spending is higher than this amount, then you will earn more cash back from the additional bonus, than the annual fee for that card.
The Capital One Savor card offers other unique perks like Postmates Unlimited statement credit each month through December 2019. (Photo by Tyler Olsen/Shutterstock.com)
There are a few other benefits of the Savor card like a monthly statement credit for Postmates Unlimited through December 2019, and 8% cash back on tickets at Vivid Seats through May 2020.
Whether it is worth upgrading depends on your spending habits. But both cards offer incredible value.
Chase 5/24 Rule
Many of our favorite credit cards for beginners are Chase credit cards. These cards have a restriction called the 5/24 rule which means that Chase will not approve you for a card if you have opened five or more credit card accounts within the last 24 months. For this reason, we usually recommend beginners start with Chase cards like the Chase Sapphire Preferred before they open other accounts which might impact their ability to get this card because of the 5/24 rule.
Then, when you have the Chase cards you want, you can consider cards from other banks like the SavorOne.
Bottom Line
The Capital One SavorOne card is a no annual fee card that offers a ton of value to anyone who holds it. It comes with a $150 cash bonus after spending $500 on purchases in the first three months of account opening.
With 3% cash back on dining and entertainment purchases, the cash back will add up quickly for anyone who eats out frequently or likes to go out to movies and concerts.
The card makes reward redemption easy and offers tons of other benefits like tech-savvy perks, access to unique experiences and travel protection benefits.
For the latest tips and tricks on traveling big without spending a fortune, please subscribe to the Million Mile Secrets daily email newsletter.

Capital One SavorOne Benefits: Potentially Worth Thousands of Dollars

INSIDER SECRET: If you’re planning on traveling overseas, you can safely use the Capital One SavorOne Cash Rewards Credit Card. That’s because you won’t be charged any foreign transaction fees, whereas many other credit cards will charge an additional fee of 3%.
One of the things I love about credit cards with no annual fees is the fact that they cost you nothing to apply for and keep in your wallet. And with many credit cards offering a welcome bonus as an incentive, you’ll instantly come out ahead as a winner from the very first day.
The Capital One SavorOne Cash Rewards Credit Card is no exception, and beyond a valuable welcome bonus, you’ll also get a ton of benefits like extended warranty and travel accident insurance that could potentially save you hundreds, if not thousands of dollars in the long run.
Here’s a quick rundown of the Capital One SavorOne benefits available to you as a card member.
Capital One SavorOne benefits like extended warranty can end up saving you hundreds, or possibly thousands of dollars in the long run. (Photo by paulzhuk/Shutterstock)
Capital One SavorOne Benefits
Apply here: Capital One SavorOne Cash Rewards Credit Card
Our review of the Capital One SavorOne Cash Rewards Credit Card

With the Capital One SavorOne Cash Rewards Credit Card, you can earn a welcome bonus of $150 after spending $500 on purchases within the first three months of account opening. And because the card carries no annual fee, you won’t have to worry about any ongoing expenses with this card.
You can also earn a strong rewards rate for many purchases, which is a bit of a rarity for a card with no annual fee. You can earn 3% cash back on dining and entertainment purchases, 2% back at grocery stores and 1% back on all other purchases.
But the card also comes with other benefits that could save you many hundreds (potentially thousands of dollars) in the long run if you ever need them:
Extended Warranty
If you pay for an eligible item with your Capital One SavorOne Cash Rewards Credit Card, you can receive extended warranty protection which can extend the time frame of the original manufacturer’s warranty. This allows you to avoid paying for a separate third party warranty.
No Foreign Transaction Fees
Many credit cards charge a foreign transaction fee as much as 3%. Over time, that can add up to a pretty significant amount of money.
Fortunately, the Capital One SavorOne Cash Rewards Credit Card charges no foreign transaction fees, so you can safely use your card overseas without incurring any additional fees.
Travel Accident Insurance 
When you use your Capital One SavorOne Cash Rewards Credit Card to purchase your fare, you’ll receive travel accident insurance for eligible covered losses, such as loss of life, limb, sight, speech, or hearing while riding as a passenger in, entering or exiting any licensed common carrier. 
Zero Fraud Liability
Identity theft is a very big concern nowadays, with big data breaches in the headlines seemingly every day. But with the Capital One SavorOne Cash Rewards Credit Card, you’re covered with zero fraud liability protection.
If your card is used on a purchase without your knowledge or authorization, you won’t be held liable for any of those charges.
Credit Wise 
Being a victim of fraud can be a very trying time emotionally and financially. As a card holder of the Capital One SavorOne Cash Rewards Credit Card, you’ll have access to Credit Wise, a free tool that monitors the dark web for signs that your personal information may have been stolen.
You can also stay on top of your credit report with free access to your credit score. And with the ability to opt into email alerts whenever certain changes are detected on your Transunion credit report (such as new credit inquiries), it’s another tool you can use to identify any potential signs of identity theft as early as possible.
Bottom Line
The Capital One SavorOne Cash Rewards Credit Card comes with handy benefits that can save you money. Even better, there’s no annual fee to worry about.
You’ll receive perks like:

Extended warranty
No foreign transaction fees
Travel accident insurance
Zero fraud liability
Credit wise credit monitoring

For the latest tips and tricks on traveling big without spending a fortune, please subscribe to the Million Mile Secrets daily email newsletter.

Capital One Savor Credit Card Annual Fee – Worth It for a Cashback POWERHOUSE?

INSIDER SECRET:   The Capital One® Savor® Cash Rewards Credit Card offers 4% back on dining. But that doesn’t just mean restaurants. You’ll get 4% cash back at bars, bakeries, and more.
Welcome bonuses are just not enough to convince customers to focus on one credit card and ignore the others for long. They’re more the icing on the cake, the extra boost that causes you to break down and apply. If you can’t decide between two cards with similar benefits, choose the one with the better welcome bonus.
The true substance of a card, though, is its ongoing benefits. Does the card have valuable perks that offset its annual fee? Can you earn rewards quickly and easily? Are the rewards even useful??
The Capital One Savor Card, my friends, is a sleeping giant. The more I consider it, the more I realize how it integrates perfectly into the lifestyles of many people. No joke, this could be the best card if you’re not interested in learning about how to use miles and points just yet. Instead, you get bonus cash back for such a gigantic portion of the money you spend every day.
I’ll help you decide if it’s worth paying the Capital One Savor Credit Card annual fee.
The Capital One Savor Credit Card annual fee is worth it for sports fans like me. You earn 4% cash back for sporting events, and 4% cash back when you buy food inside the stadium!
Capital One Savor Credit Card Annual Fee
Apply Here:   Capital One® Savor® Cash Rewards Credit Card
Read our review of the Capital One® Savor® Cash Rewards Credit Card

With the Capital One Savor, you earn 4% cash back on dining (basically ANYWHERE that serves food, including bakeries or bars). You earn 4% cash back on the broad category of entertainment (anything from zoos to bowling alleys to movie theaters to athletic fields). You earn 2% cash back at grocery stores (just about any grocery store or supermarket except Walmart and Target).
Oh yeah, it also comes with a $300 welcome bonus after spending $3,000 on purchases within the first three months of account opening.
Chase doesn’t have a card with earning rates like this. Citi doesn’t have a card with earning rates like this. They’d better retaliate with similar cards of their own or they’re going to lose a lot of swipes to Capital One. Including mine.
This is going to sound ridiculous, but I love it that the card doesn’t have a bonus on travel. Every card and its mother earns bonus rewards on travel and they, in turn, water down the rest of their bonus categories. But the Capital One Savor skips the travel category and focuses the cash back in other areas.
There are plenty of heartthrob credit cards for travel to choose from. And you should definitely have one of them to protect you from things like flight cancellations, delayed baggage and rental-car crashes.
But those cards are rarely the best choice for the lion’s share of your everyday expenses, like groceries.
Easy to Earn, Easy to Redeem
From what we’re hearing from folks about the Capital One Savor, y’all have been waiting for a card like this for a while. No rotating categories you have to remember and opt into. No confusing transfer partners.
True, it doesn’t earn points that you can use for a free-award night at an amazing hotel. It earns something even more valuable: Straight-up cash. You can use that cash for a night at an amazing hotel if you like. Or you can use it to pay utilities, or for an oil change, a new TV or a flight to Australia.
The MMS team brings this card up often. A lot of us intend to open it because its earnings are so great.
It comes with a $95 annual fee, waived the first year. So you can try it out for free one year and see if it’s actually worth the annual fee. But because this card possesses the bonus categories of a few different cards, this could be a good way to consolidate your wallet by getting rid of some of those other cards and saving money on those annual fees.
Bottom Line
I wasn’t too hot on the Capital One Savor in the beginning, but I’m realizing how solid this card is for the vast majority of us. It takes in the bulk of the spending most of us do every day. You’ll earn 4% cash back for dining and entertainment, 2% cash back at grocery stores, and 1% cash back on everything else.
I’ll definitely open it for a year and test it out. It comes with a $300 welcome bonus after meeting minimum spending requirements! And I spend an unbelievable amount of money in those bonus categories.
Hopefully other banks are having the same epiphany as I, and are scrambling to answer with a card of their own. I’ll gladly give them all a test drive if they come with an equally generous welcome bonus.
For more information about this card, check out these articles:

Capital One Savor Cash Rewards Credit Card Review
Capital One Savor Cash Rewards Credit Card Benefits and Perks

And subscribe to our newsletter for more helpful credit card analysis like this!

The Capital One Savor: A Card Dedicated to All You Foodies (With a $300 Bonus!)

INSIDER SECRET: Capital One doesn’t process more than one personal credit card application per six months. If you’ve opened a Capital One card in the past six months, wait to apply for this card!
The Capital One® Savor® Cash Rewards Credit Card read the minds of a lot of us when we wanted a great card for our everyday spending.
If you spend a lot on groceries, entertainment and dining and are looking for a card with a straightforward cash back structure, block out a few minutes to read our Capital One Savor Card review. This card comes with a $300 welcome bonus after meeting minimum spending requirements. Plus, you’ll receive unlimited 4% cash back on dining and entertainment, 2% cash back at grocery stores and 1% cash back on everything else. This can add up in a hurry!
You can apply for the Capital One Savor Cash Rewards Credit Card here.
Calling all unabashed gluttons!  Here’s our Capital One Savor Card review. (Photo by Phat1978 / Shutterstock)
Capital One Savor Card Review – How Much Is the Welcome Bonus Worth?
Apply Here: Capital One® Savor® Cash Rewards Credit Card

With the Capital One Savor, you’ll earn $300 cash back after spending $3,000 on purchases within the first three months of account opening.
And because you’re earning straight cash instead of miles and points, your hands won’t be tied with redeeming the welcome bonus with certain airlines or hotels.
How to Earn Points With the Capital One Savor Card
In addition to the hefty welcome bonus, you’ll earn bonus points in certain categories:

4% cash back on dining
4% cash back on entertainment
2% cash back at grocery stores

You’ll earn 1% cash back on all other purchases.
There are NO caps on how much bonus cash back you can earn. And these aren’t rotating categories that require you to enroll your card. Just memorize these categories and start swiping, baby!
How to Redeem Your Cash Back
Redeeming the cash back you earn with the Capital One Savor is easy. You can request a check or statement credit, any time, with no minimum redemption amount.
Or you can set-up an automatic redemption, for example, $25 per month. Whatever is most convenient for you!
Benefits of the Capital One Savor Card
Travel Accident Insurance
You’ll receive automatic insurance for a covered loss at no extra charge when you use the Capital One Savor to purchase your fare.
Auto Rental Collision Damage Waiver
Rent an eligible vehicle with your credit card and you can be covered for damage due to collision or theft. This is secondary insurance, so if you’re covered by your own insurance, this perk won’t kick in.
Extended Warranty
You’ll get additional warranty protection at no charge on eligible items that you purchase with the Capital One Savor.
Is the Capital One Savor Card Worth the Annual Fee?
The Capital One Savor has a $95 annual fee, waived the first year. So there’s no risk in opening the card and trying it out to see if it fits your spending habits.
You could get a lot of value from the card’s benefits and perks, especially if you don’t have other cards that come with comprehensive benefits.
Does the Capital One Savor Card Have a Foreign Transaction Fee?
No!
Who Is Eligible for the Capital One Savor Card?
As long as you don’t have five or more open Capital One cards, you’re eligible for the Capital One Savor card!
Just note that Capital One doesn’t process more than one personal credit card per six months. So if you’ve opened a Capital One card in the past six months, best to wait a little while.
Also, if you’re new to the miles and points hobby, we recommend you open all the Chase credit cards you want first, because many come with substantial welcome bonuses and perks. And they have strict application rules.
If you’ve opened five or more cards from any bank (NOT counting Chase business cards and certain other business cards) in the past 24 months, you won’t be approved for Chase cards.
Cards Similar to the Capital One Savor Card
American Express Gold Card
Apply Here: American Express® Gold Card
Read our review of the American Express Gold Card

The American Express® Gold Card is a good pick if you prefer earning valuable Amex Membership Rewards points. You’ll earn 35,000 Amex Membership Rewards points when you spend $2,000 on purchases in the first three months of account opening.
It’s also got terrific earning rates and perks for folks who like to eat and travel:

4x Amex Membership Rewards points at US restaurants
4x Amex Membership Rewards points at US supermarkets, on up to $25,000 per calendar year in purchases (then 1x)
3x Amex Membership Rewards points on flights booked directly with airlines or on Amextravel.com
Up to $120 dining credit ($10 monthly) each year at participating restaurants (enrollment required)
$100 airline incidental fee credit each calendar year on your selected airline
No foreign transaction fees (See Rates & Fees)
Terms apply

There’s a $250 annual fee (See Rates & Fees), not waived the first year. But if you can make the most of the dining and travel credits, you can offset most of the annual fee cost.
Check out our full review of the American Express Gold Card.
Blue Cash Preferred® Card from American Express
Apply Here: Blue Cash Preferred® Card from American Express
Read our review of the AMEX Blue Cash Preferred

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If grocery shopping accounts for a big chunk of your spending, the Blue Cash Preferred® Card from American Express earns 6% cash back at US supermarkets on up to $6,000 per year in purchases (1% thereafter). Plus, 6% cash back on select streaming services in the US. That’s triple what you’ll get from the Capital One Savor. You foodies will appreciate the extra cash back when you’re buying all those fancy expensive ingredients.
You’ll also receive 3% cash back at US gas stations and transit, and 1% cash back on everything else. This card comes with a $95 annual fee, NOT waived the first year (See Rates & Fees).
The Amex Blue Cash Preferred comes with a $250 statement credit after you spend $1,000 on purchases within the first three months of account opening. Here’s our full review of the Amex Blue Cash Preferred.
Barclays Uber Visa
Read our review of the Barclays Uber Visa
Earning 4% back for dining is pretty grand. But you don’t need a card with a $95 annual fee to do it!
The no-annual-fee Barclays Uber Visa Card earns 4% back for dining purchases. This card also has NO foreign transaction fees, so you can earn bonus rewards dining abroad without paying more for your meal.
You’ll also earn:

3% back for hotels and airfare
2% back for Uber rides and online purchases
1% back for all other purchases
$50 “subscription credit” for online subscription services (you must spend $5,000+ on your card in a year)

However, the card doesn’t come with nearly as enticing a welcome bonus as the Capital One Savor. The Barclays Uber Visa will give you $100 after spending $500 on purchases within the first 90 days of account opening.

Bottom Line
Capital One Savor. That’s like a pun! It’s a great fit for foodies, and it saves you a ton of money.
It comes with $300 cash back after spending $3,000 on purchases in the first three months of account opening. Plus, it earns a nice chunk of cash back on restaurants and entertainment!
You’ll earn:

4% cash back on dining
4% cash back on entertainment
2% cash back at grocery stores

So if you spend a lot on food and are looking for a card with a plump welcome bonus and a simple earnings structure, the Capital One Savor card is worth considering.
You can apply for the Capital One Savor Cash Rewards Credit Card here. And check out these links to learn more about this card:

Is Capital One Savor Cash Rewards Credit Card Worth It?
Capital One Savor Cash Rewards Credit Card Benefits and Perks

You can also subscribe to our newsletter for more honest credit card reviews like this!
For the rates and fees of the American Express Gold Card, please click here.
For rates and fees of the Blue Cash Preferred Card, please click here.

Is the Capital One Venture Worth It? ONLY If You Want a Guaranteed $500 Off Your Next Trip

I have the Capital One® Venture® Rewards Credit Card.  I’ve used the Capital One miles I’ve earned to dramatically reduce my expenses during fun vacations, like trips to the Caribbean and Dubai.  The card collects some of the most useful credit card rewards EVER.
When you’re deciding whether you should open a travel credit card, oftentimes the answer is…it depends.  It depends on your travel style, it depends on your travel goals, it depends on your home airport.  The Capital One Venture is perhaps the least “it depends” card out there.  If you want to travel, this card will guarantee you’ll save hundreds of dollars.
I’ll show you why!
The Capital One Venture is worth it – I received FREE afternoon tea (a value of ~$160) at the top of the Burj Al Arab with Capital One miles
Is the Capital One Venture Worth It?
Apply Here:   Capital One® Venture® Rewards Credit Card
Read our review of the Capital One Venture

 
ABSOLUTELY the Capital One Venture is worth opening.  Here are the 2 main reasons:

The card is COMPLETELY FREE for 12 months (its $95 annual fee is waived the first year)
You’ll receive 50,000 bonus miles ($500 in travel) after you spend $3,000 on purchases within the first 3 months of account opening

In other words, Capital One will pay for $500 worth of your upcoming travel.  And there’s NO catch.  They’re just giving you $500 when you meet the minimum spending requirements.
As a matter of fact, you’ll have 56,000 Capital One miles ($560 in travel) after you meet the spending requirement, because the card earns a flat 2 miles for every purchase!  If you don’t think you can meet the minimum spending requirement, check out this post to see how easy it can be.
Here’s a list of popular purchases for which you can redeem Capital One miles:

Airlines
Hotels (including boutique and independent hotels)
Car rentals
Cruise lines
Hotel meals (when charged to your hotel room, including Disney hotels)
Airbnb
Lyft and Uber
Disney World tickets or other park tickets purchased through Undercover Tourist

You can also transfer your miles to a bunch of different airlines, though honestly I’m not a fan of using them this way.  Capital One miles are worth 1 cent each when you redeem them for travel, and it’s difficult to get a value greater than that by transferring them to airlines.  That said, the best transfer partners are:

Air Canada (Aeroplan)
Air France & KLM (Flying Blue)
Avianca
Singapore Airlines

You can read more about transferring Capital One miles to airlines here.
Still Not Convinced?
The Capital One Venture has other benefits that sweeten the pot a little more.
Tons of Bonus Miles Through Hotels.com
Through January 31, 2020, you’ll earn 10 Venture miles per $1 you spend on hotel stays booked and paid for with your card through this Hotels.com link.
Because Capital One miles are worth 1 cent each, you’ll effectively receive 10% back on your hotel stays.  Plus, you can combine this deal with the Hotels.com Rewards program, which gives you every 10th night booked with Hotels.com free, in addition to the 10% you can earn with your Capital One Venture!
Exclusive Perks at Airport Security Checkpoints
The card also comes with a Global Entry or TSA PreCheck credit (worth up to $100).  Global Entry saves you lots of time by getting you quickly through US Customs and Immigration when you return to the US from abroad.
When you enroll in Global Entry, you’ll also receive a membership to TSA PreCheck, which allows you to keep your shoes and jacket on when you go through airport security.  You don’t even have to take your laptop and toiletries out of your carry-on!
Let me know if you think the Capital One Venture is worth opening!  And subscribe to our newsletter to get the details on more miles & points deals:

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If You Book Through the Chase Portal Often, Stop Collecting Chase Ultimate Rewards Points and Switch to Capital One Miles

Capital One miles are underrated, man.
You’ve probably heard us screaming from the rooftops that Chase Ultimate Rewards points are the BEST points to collect.  That’s absolutely true for most of us.  But if you use those points to buy travel through the Chase Travel Portal, you’ll be much happier collecting Capital One miles.
Shameless plug (for your sake), there are some pretty unbelievable offers right now:

Capital One® Venture® Rewards Credit Card – 50,000 miles ($500 in free travel) after meeting minimum spending requirements.  I have this card and have made some of my favorite travel memories from the bonus.  And I’m not just saying that.
Capital One® Spark® Miles for Business – Up to 200,000 miles ($2,000 in free travel) after meeting minimum spending requirements.  This deal ends January 28, 2019.

My Rustic Tree House Experience Is One of My Favorite Travel Memories.  And the Stay was Totally Free Thanks to My Capital One Venture Welcome Bonus
Chase Ultimate Rewards Points Aren’t Always Better Than Capital One Miles
Here’s why Chase Ultimate Rewards points are better for lots of us:   They transfer to the most valuable airline and hotel partners EVER.  For example, I could take the bonus I earn from a card like the Ink Business Preferred℠ Credit Card and:

Transfer the points to Singapore Airlines for 2 round-trip flights to Hawaii from anywhere in the US (continental)
Transfer the points to United Airlines for 3 round-trip flights to anywhere in the US from anywhere in the US (continental)
Transfer the points to Hyatt for 2 nights at a 5-star resort, like the Hyatt Residence Club Lake Tahoe, Northstar Lodge
Hyatt Residence Club Lake Tahoe, Northstar Lodge Is a Luxury Ski-In/Ski-Out Resort

But there’s a catch:   Transferring points to partners means you now have to worry about blackout dates, available award seats, available hotel nights, etc.  If you don’t have flexibility with your vacation days, that could be a problem.
To solve this issue, Chase also gives you the option of redeeming your points through their online travel portal.  You’re essentially “buying” your airfare or hotel room with your points.  Through the portal, your points are worth:

1.25 cents each if you have the Chase Sapphire Preferred® Card or Ink Business Preferred
1.5 cents each if you have the Chase Sapphire Reserve®

For example, if you’ve earned 50,000 points with the Chase Sapphire Preferred, your points are worth $625 in the Chase Portal (50,000 points X 1.25 cents each).  You can buy a flight through the Chase Portal and use those points to cover up to $625 of your flight cost.
I’ve used my points this way several times.  When I can’t find a good deal by transferring my points to Chase partners, I’ll just use some points through the portal to discount my vacation.
Here’s why Capital One miles are better for many of us:   If you’re not interested in hunting for a bargain, you’re probably more inclined to just redeem your points through the portal.  It’s a quick and easy discount.
If this is you, I’m willing to bet you’ll do better collecting Capital One miles from a card like the Capital One Venture instead of the Chase Sapphire Preferred.  Capital One miles are easier to redeem, and they have one giant benefit that Chase points do NOT.
Why to Choose Capital One Miles Over Chase Ultimate Rewards Points
Capital One cards can give you a better return:   Capital One miles are worth 1 cent each.  Chase Ultimate Rewards points are worth 1.25 cents each through the Chase Portal.  Chase points are the clear winner.
Oh wait, no they’re not.  Here’s why:

With the Capital One Venture, you’ll earn 2 miles for every single dollar you spend
With the Chase Sapphire Preferred, you’ll earn 1 point for every dollar you spend, and 2 points for travel and dining

In other words, you’re guaranteed to get 2 cents back per $1 you spend on the Capital One Venture.  You’ll get between 1.25 cents and 2.5 cents back per $1 you spend with the Chase Sapphire Preferred.
If the lion’s share of your purchases happen to be travel and dining, you’ll come out ahead with the Chase Sapphire Preferred.  If you have a more normal lifestyle, you’ll almost certainly come out ahead with the Capital One Venture.
Capital One miles are easier to redeem:   You don’t have to go through a special portal to use Capital One miles.  You literally use the card to purchase travel just as you would with any credit card:

Buy your flight directly from the airline website
Buy your hotel stay directly from the hotel website
Buy your flight or hotel through Orbitz, Expedia, Hotwire, etc.
Buy your rental car directly through the rental agency
Contact a travel agent for your arrangements and pay them

It doesn’t matter how you reserve your travel.  Just use your Capital One card when you do.  Then you’ll have 90 days to visit your online account, find the travel purchase, and erase it from existence with your Capital One miles.
For example, if you reserve a $400 hotel stay, your Capital One card will show a balance of $400.  You can then find the purchase in your transaction history, click “erase”, and you will instantly have a $0 balance on your card (and 40,000 fewer miles)!
You can redeem Capital One miles for more things than Chase Ultimate Rewards points:   As long as the transaction is travel related, you can redeem your Capital One miles for it.  I have the Capital One Venture, and I redeemed the bonus for a 3-night Airbnb stay in Barbados.  You won’t find Airbnb in the Chase Portal.
You can also use Capital One miles to erase food purchases you make inside hotels, like room service or hotel restaurants.  Because the bill codes as a hotel purchase instead of a restaurant purchase.
I Used Miles to Erase the $160 Price of My Legendary 7-Course Afternoon Tea at the Burj Al Arab in Dubai
Capital One miles earn hotel points:   The Chase Ultimate Rewards Travel Portal uses Expedia to book travel.  That is NOT a good thing if you’re booking a hotel.
That’s because you won’t earn hotel points when you book a hotel through the Chase Portal.  If you book a hotel room anywhere but directly with the hotel, you will not get:

Hotel points
Elite night credits
Your elite status benefits

When you book with Capital One miles, you can reserve your room directly with the hotel.
For example, the Washington Hilton, DC, generally costs $250 per night.  If you book 2 nights directly with this hotel, and use your Capital One miles to erase the purchase later, you’ll receive:

5,000 Hilton points (you get 10 points per $1 you spend on your room when you book direct)
Any bonus promo points (Hilton always has something good going on)
2 elite night credits
Elite status recognized (possible upgrades, welcome gift, late checkout, free breakfast, etc.)

If you book the same 2 nights through the Chase Portal, the hotel will give you shelter for the night, and then tell you to get lost.
Bottom Line
We often say the Chase Sapphire Preferred is the best card for newbies.  Because Chase Ultimate Rewards points are so incredibly useful!
But if you find yourself repeatedly using your points through the Chase Portal, the Chase Sapphire Preferred might be the wrong card for you.  Look into cards that earn Capital One miles instead, like:

Capital One Venture
Capital One Spark Miles for Business

You’ll almost certainly get a better return for your spending.  And you can redeem them for a wider variety of travel purchases!  Check out our review of the Capital One Venture here.
Do you find yourself spending Chase Ultimate Rewards points through the Chase Travel Portal?

Insanity! Capital One Spark Cash: Sign-Up Bonus Worth $2,000 and Unlimited 2% Cash Back on EVERY Purchase

If you spend a lot to run your small business, you can earn $3,000 total cash back toward your bottom line with a single card offer.  It sounds bonkers, but it’s possible with the Capital One® Spark® Cash for Business card.
For a limited time, you’ll earn up to a $2,000 cash bonus after meeting tiered minimum spending requirements.  And with the bonus and full minimum spending considered, you’ll have $3,000 to spend however you like!  Plus, you’ll earn unlimited 2% cash back on every purchase and pay NO foreign transaction fees abroad.
The annual fee is also waived the first year, so if you have a lot of purchases coming up, there’s nothing to lose and a LOT to gain!
You can apply for the Capital One Spark Cash for Business card here.
The Secret Is Out! You Can Earn. up to $2,000 Cash Back From One Credit Card Offer, Plus Unlimited 2% Back. But You Need to Spend a LOT to Unlock the Full Bonus
I’ll share the offer details!
Capital One Spark Cash Card Review
Apply Here:   Capital One® Spark® Cash for Business

With the Capital One Spark Cash for Business card, you can earn a $500 cash bonus after spending $5,000 on qualifying purchases within the first 3 months of account opening.  Plus, you can earn an additional $1,500 when you spend $50,000 total (an additional $45,000) in qualifying purchases within the first 6 months of account opening!
You’ll earn unlimited 2% cash back on all purchases.  There are NO foreign transaction fees.
And the $95 annual fee is waived the first year.  Employee cards are also free.
Need to Purchase New Equipment, Computers, or Upgrades for Your Small Business? Turn It Into $3,000 Back in Your Pocket With the Capital One Spark Cash for Business!
While that sounds like a lot, it comes to ~$8,333 per month for 6 months.  Not only would you earn the full $2,000 sign-up bonus, but you’ll also earn 2% cash back on the $50,000 spent to trigger it, which is an additional $1,000 ($50,000 X 2%).  That’s $3,000 for signing-up and using ONE card!
This offer is for a limited time, and we don’t know the end date.  So if you’re interested, I’d recommend signing-up when know you can meet the full spending requirement.
Keep in mind, Capital One pulls inquiries from all 3 credit bureaus when you apply for their cards, so you will incur 3 hard pulls – 1 from each bureau.
And Capital One small business cards DO appear on your personal credit report.  So if you’re trying to stay under Chase’s 5/24 rule, this card will count toward your limit.
How to Use Capital One Spark Cash Back
Redeeming your cash back is easy.  Remember, you’ll earn a straight 2% cash back on every purchase.
You can request a check or statement credit, any time, with NO minimum redemption amount.  Or you can set-up an automatic redemption, like $50 per month, for example. Whatever works for you!
Folks who want an easy rewards program can use their cash back however they want without having to think about blackout dates, what qualifies for cash back, or much else.  Really, it couldn’t be simpler.
Capital One Spark Cash Benefits
Purchase Protection
If an item you bought is lost or stolen, you can file a claim to replace, repair, or reimburse eligible items within 90 days of purchase, up to $10,000 per claim and $50,000 per cardholder.
If Something You Bought Gets Stolen or Damaged, You Can Use Your Card’s Built-In Purchase Protection to File a Claim
Warranty Protection
This benefit doubles a manufacturer’s warranty up to 1 extra year on warranties of 3 years or less.
Rental Car Insurance
The Capital One Spark Cash for Business offers primary car rental insurance for damage due to collision or theft when renting for business purposes.  For personal rentals, coverage is secondary, which means your personal or business car insurance company pays first.
Is the Capital One Spark Cash for Business Worth the Annual Fee?
Other 2% cash back cards have NO annual fee.  But there are also catches to redeem the rewards you earn.  With this card, you’re essentially paying the annual fee in exchange for the ease of using your points however you want.
So whether it makes sense for you to keep the card year after year will vary from person to person, because everyone has spending habits and values different parts of each rewards program.
That said, you’d need to spend $4,750 per year to earn $95 in rewards ($4,750 X 2%).  But if you’re opening the Capital One Spark Cash for Business card to earn the big sign-up bonus, you’re likely already spending much more than that.
And the value of $3,000 cash back with the current offer is more than enough to justify the annual fee for several years!
Does the Capital One Spark Cash for Business Have a Foreign Transaction Fee?
No.
Who Is Eligible for the Capital One Spark Cash for Business?
This is a small business card, and lots of folks don’t realize they’re eligible. to apply because they don’t think they have a business, or their business is too new.  But here’s how you might qualify for a business card, and why you should get one!
Folks Selling Items on eBay or Amazon for a Profit Might Qualify for a Small Business Card!
Remember, Capital One will NOT process more than 1 application per 6 months.  So if you’ve opened another Capital One card recently, you’ll need to wait to apply for this one.
Capital One also pulls from all 3 main credit bureaus (Experian, Equifax, and TransUnion) when they process your application.  And they report small business cards to your personal credit reports.  So if you’re new to miles & points or want to apply for more Chase cards, applying for this card might not be worth it.
If you have a credit score of 700+, and looking for a big sign-up offer, this offer is definitely worth your consideration.
Customer Support for the Capital One Spark Cash for Business Card
Capital One is known for their quality customer service support.  They protect your card account with fraud coverage and alerts, and make it easy to set up alerts related to your account including due dates, credit limits, and automatic payments.
Plus, their website and phone apps are easy to use and laid out simply.  The ease of use and excellent customer service has earned Capital One an excellent reputation over the years.
Credit Cards Similar to the Capital One Spark Cash for Business
Apply Here:   Capital One® Spark® Miles for Business
Read our review of the Capital One Spark Miles for Business

Apply Here:   Ink Business Unlimited Credit Card
Read our review of the Ink Business Unlimited

 
If your goal is to travel, you might consider the Capital One® Spark® Miles for Business card instead.  It earns 2X Spark miles on every purchase, and you can redeem them for nearly any travel-related purchase.  And for a limited time, it has a similar sign-up bonus of up to 200,000 Capital One Spark miles after meeting the tiered minimum spending requirements.
While that may seem limiting, consider you’ll soon be able to transfer your miles to 12 airline partners at a 2:1.5 ratio.  That makes the miles you earn extremely flexible!
The card has the same $95 annual fee, which is also waived the first year.
Whether Your Goal Is Free Travel or Easy Cash Back, You Have a Couple of Other Options
And if the spending requirements for this offer are too much, consider the Ink Business Unlimited Credit Card.  You can earn 50,000 Chase Ultimate Rewards points (worth $500 cash back) after spending $3,000 on purchases within the first 3 months of opening your account.
You’ll also earn 1.5 Chase Ultimate Rewards points (1.5% cash back) per $1 spent on the card.  That’s not as much as the 2% cash back with the Capital One Spark Cash for Business card, but the Ink Business Unlimited Credit Card has NO annual fee.
So if you want a simple rewards program without any fees to worry about (and a MUCH smaller minimum spending requirement to earn the bonus), you might consider the Ink Business Unlimited instead.
Bottom Line
The Capital One Spark Cash for Business card offers up to $2,000 cash back after meeting tiered minimum spending requirements.  The $95 annual fee is waived the first year and it has NO foreign transaction fees.  So it’s a good card to use worldwide.
This is an excellent card for small business owners who want to earn easy rewards on their spending.  If you meet the full terms of the offer, you’ll wind up with $3,000 cash to use however you want.  That’s because the rewards are simple to redeem with no minimums to think about.
If you have a lot of spending coming up, you might consider earning a huge amount of cash at the same time.  And here’s how you might already qualify for small business credit cards.
You can apply for the Capital One Spark Cash for Business card here.  This is a limited-time offer, and we don’t know when it will end yet.
Will you take this unique chance to earn $1,000s in cash back?

Capital One Spark Miles for Business: Earn $2,000 for a Vacation or 150,000 Airline Miles With Its New Boosted Bonus!

Small business owners can turn everyday expenses into $2,000 toward travel or 150,000 airline miles with a huge new offer on the Capital One® Spark® Miles for Business card.
You’ll need to spend a LOT to earn the full bonus of up to 200,000 Spark miles after meeting tiered minimum spending requirements.  But after you complete them, you’ll have miles (including what you’ll earn from minimum spending) worth $3,000 to spend on a trip.  Or the flexibility to transfer your miles to 12 airlines at a 2:1.5 ratio!
You’ll also earn unlimited 2X miles on every purchase with NO foreign transaction fees.
The $95 annual fee is waived the first year.  If you can handle the minimum spending, this is an incredible sign-up bonus from a single card!  And even if you don’t have a full-time business, you can qualify with just about any for-profit side hustle, like selling items online, tutoring, or freelance writing.
You can apply for the Capital One Spark Miles for Business card here.
Use the Flexible Miles You’ll Earn With the Capital One Spark Miles for Business Card to Travel Wherever You Want, Like the Faroe Islands! You Can Redeem Miles for a Statement Credit Or Transfer Them to 12 Airline Partners to Fly All Over the World
Here’s everything to know about this offer!
Capital One Spark Miles Card Review
Apply Here:   Capital One® Spark® Miles for Business

With the Capital One Spark Miles for Business card, you’ll earn 50,000 Spark miles (worth $500 in travel) after spending $5,000 on purchases within the first 3 months of account opening.  And an additional 150,000 Spark miles (worth $1,500 in travel) after spending $50,000 total on purchases within the first 6 months of account opening.
You’ll earn unlimited 2X Spark miles on all purchases.  There are NO foreign transaction fees.
And the $95 annual fee is waived the first year.  Employee cards are also free.
If You Like to Travel, the World Is Before You With the Capital One Spark Miles Card. Turn Your Small Business Spending Into Your Next Vacation!
The minimum spending requirement breaks down to ~$8,333 per month over a 6-month period.  Not only will you earn 200,000 Spark miles, but you’ll also earn 2X Spark miles on the $50,000 spent to trigger it, which gives you 100,000 MORE Spark miles.  That’s 300,000 Spark miles (worth $3,000 in travel) for signing-up for ONE card!
That, in turn, translates to 225,000 airline miles when you transfer your miles at a 2:1.5 ratio 12 different airline programs.  And it’s enough for luxurious Business Class flights, or lots of coach award trips, all around the world!
This is a limited-time offer without an official end date.  If you can swing the minimum spending, I recommend signing-up as soon as you can.
Keep in mind, Capital One pulls inquiries from all 3 credit bureaus when you apply for their cards, so you will incur 3 hard pulls – 1 from each bureau.
And Capital One small business cards DO appear on your personal credit report.  So if you’re trying to stay under Chase’s 5/24 rule, this card will count toward your limit.
How to Use Capital One Spark Miles
1.   Erase Nearly Any Travel Purchase
Capital One Spark miles are worth 1 cent each towards travel.  You can redeem your miles for nearly any travel purchase, like taxi rides, hotels, room service, and free flights.  And you don’t even have to worry about searching for available award seats or hotel nights!
To redeem your miles for travel, buy travel like you normally would with your card.  Then, you have 90 days to sign into your online account, find the travel purchase, and “erase” it with your miles!
You also have the option to book travel with your miles instead of purchasing your travel and erasing it later.  You’ll find this option after signing into your account.  If you use the portal, there is no minimum miles requirement to book.
Whether you choose to redeem your miles this way or by erasing your purchase later, you’ll get a value of 1 cent per mile.
2.   Transfer to 12 Airlines
Starting December 2018, you’ll have 12 airline transfer partner options with the Capital One Spark Miles for Business card:

Aeromexico
Air Canada (Aeroplan)
Air France & KLM (Flying Blue)
Alitalia
Avianca
Cathay Pacific
Etihad
EVA
Finnair
Hainan Airlines
Qantas
Qatar Airways

The transfer ratio will be 2:1.5, so you’ll get 1.5 airline miles for every 2 Spark miles you transfer.  That makes the 200,000 Spark mile bonus on the Capital One Spark Miles for Business card (including the 100,000 miles you’ll earn for the minimum spending) worth 225,000 airline miles (300,000 X .75)!
Because you earn 2X miles per $1 spent with the Capital One Spark Miles for Business, it’s effectively like earning 1.5 airline miles per $1 if you transfer your miles.
I Used Etihad Miles to Fly in Brussels Airlines Business Class From New York – JFK to Brussels and Loved My Spacious Seat!
Having this option gives you dozens of new ways to redeem Spark miles.  We’ll have a guide on the best ways to use your Spark miles in the next few weeks.
In the meantime, some of these partners, like Air Canada, Flying Blue, and Qantas can make your Spark miles extra valuable once transfers begin in December 2018!
Capital One Spark Miles for Business Benefits
Purchase Protection
If an item you bought is lost or stolen, you can file a claim to replace, repair, or reimburse eligible items within 90 days of purchase, up to $10,000 per claim and $50,000 per cardholder.
Warranty Protection
This benefit doubles a manufacturer’s warranty up to 1 extra year on eligible warranties of 3 years or less.
Rental Car Insurance
The Capital One Spark Miles for Business offers primary car rental insurance for damage due to collision or theft when renting for business purposes.  For personal rentals, coverage is secondary, which means your personal or business car insurance company pays first.
Is the Capital One Spark Miles for Business Worth the Annual Fee?
Having a card that earns flexible rewards is almost always worth paying for.  And with this card, you’ll have the option to use your miles toward travel at a rate of 1 cent each.  Or, transfer them to airline partners where they’ll be worth potentially much more.
The earning rate and broad travel options with this card will be worthwhile for most folks.
However, if you don’t think you’ll use the travel partners, there are cash back cards available without annual fees.
Does the Capital One Spark Miles for Business Have a Foreign Transaction Fee?
No.
Who Is Eligible for the Capital One Spark Miles for Business?
This is a small business card, and lots of folks don’t realize they’re eligible to apply because they don’t think they have a business.  But here’s how you might qualify for a business card, and why you should get one!
Folks Who Have Second Jobs or Side Activities for Profit (Like Dog Walking) Can Qualify for a Small Business Cards!
Keep in mind, Capital One will NOT process more than 1 application per 6 months.  So if you’ve opened another Capital One card recently, you’ll need to wait to apply for this one.
Capital One also pulls from all 3 main credit bureaus (Experian, Equifax, and TransUnion) when they process your application.  And they report small business cards to your personal credit reports.  So if you’re new to miles & points or want to apply for more Chase cards, applying for this card might not be worth it.
If you have a credit score of 700+, and looking for a big sign-up offer, this offer is worth your consideration.
Customer Support for the Capital One Spark Miles for Business Card
Capital One is known for their outstanding customer service support.  In addition to fraud coverage and alerts, they make it easy to set up alerts related to your account like due dates, credit limits, and automatic payments.  So it’s convenient to keep track of your spending.
Plus, their website and phone apps are intuitive to use.  This, and excellent customer service, has earned Capital One an excellent reputation over the years.
Credit Cards Similar to the Capital One Spark Miles for Business
Apply Here:   Capital One® Spark® Cash for Business
Read our review of the Capital One Spark Cash for Business

Apply Here:   Ink Business Preferred Credit Card
Read our review of the Chase Ink Business Preferred

If you prefer to earn rewards you can use for any purchase – not just travel – you might consider the Capital One® Spark® Cash for Business instead.  For the same annual fee, you’ll earn 2% cash back on every purchase and can redeem your rewards for a statement credit for any amount whenever you want.  The ease of use for the rewards can’t be beat.
The Capital One Spark Cash for Business has a sign-up bonus worth up to $2,000 cash back ($3,000 cash back after you include the $50,000 you need to spend on purchases to meet the tiered minimum spending requirements).
You’ll earn a $500 cash bonus after spending $5,000 on purchases in the first 3 months of account opening.  And an additional $1,500 cash bonus when you spend a total of $50,000 on purchases in the first 6 months of opening your account.
Other Cards Let You Earn Rewards Toward Any Purchase, or Extra Points in Certain Categories, for the Same Annual Fee
And if you like the idea of transferring your rewards to travel partners, consider the Ink Business Preferred Credit Card, which has fantastic (and easier to use) travel partners including United Airlines, Southwest, and Hyatt.  The sign-up bonus of 80,000 Chase Ultimate Rewards points (worth $1,000 in travel) after spending $5,000 on purchases in the first 3 months is the highest bonus of any Chase Ultimate Rewards card!
Plus, you’ll earn 3X Chase Ultimate Rewards points for every $1 you spend on travel, shipping purchases, internet, cable and phone services, advertising purchases made with social media sites, and search engines (up to a maximum of $150,000 in combined purchases per account anniversary year).  And 1X Chase Ultimate Rewards point per $1 on other purchases.
That gives you lots of categories where you can earn more bonus points.  If you spend a lot on certain items or services, see if you can earn even more for your spending if they’re included in a bonus category.  More points translates to more award travel!
Bottom Line
The Capital One Spark Miles for Business card offers up to 200,000 Spark miles (worth $2,000 in travel) after meeting tiered minimum spending requirements.  You can use the miles you earn toward nearly any type of travel purchase, or transfer them to 12 brand new airline partners like Air Canada, Flying Blue, and Qantas starting December 2018.
The $95 annual fee is waived the first year and there are NO foreign transaction fees.
With the minimum spending included, you’ll end up with 300,000 Spark miles, which are worth $3,000 toward travel or 225,000 airline miles.  That’s an incredible bonus for signing-up for a single credit card!
If your small business spends a lot, you could earn yourself a free vacation on things you’re already paying for.  And here’s how you might already qualify for small business credit cards.
This offer is a for a limited time, and no end date has been announced.  But I’d recommend applying soon if you’re interested.
You can apply for the Capital One Spark Miles for Business card here.
What do you think of this newly refreshed card and its new travel transfer partners?