The Capital One Venture Rewards Credit Card ($95 annual fee) has been a favorite among travel enthusiasts since it launched back in 2010. This card offers a simple rewards structure, offering 2X miles on all purchases. Plus, cardholders can also earn 5X miles on hotels, vacation rentals and rental car purchases made through the Capital One Travel portal.

On top of that, the Venture card offers excellent perks, such as a reimbursement credit for either TSA PreCheck or Global Entry, a $50 experience credit every time you book a hotel stay with the Lifestyle Collection and automatic Five Star elite status with Hertz.

And, for a limited time, this card is offering $250 in Capital One Travel credit for new cardmembers to use in the first year, plus a welcome bonus of 75,000 miles to cardmembers who spend $4,000 on their card in the first three months after account opening.

Let’s take a closer look at how this bonus works and why now is a great time to sign up for the Capital One Venture card.

Capital One Venture Card Welcome Offer Details

The Capital One Venture Rewards Credit Card is currently offering $250 in Capital One Travel credit for new cardmembers to use in the first year, plus a welcome bonus of 75,000 miles to cardmembers who spend $4,000 on their card in the first three months after account opening. Before this limited-time offer began, this card was offering a welcome bonus of just 75,000 miles. So, the addition of the $250 Capital One Travel credit just made this card a whole lot more attractive.

Couple Booking a Trip on Capital One Travel Portal

The 75,000-mile portion of this welcome bonus is worth a minimum of $750. So, these miles and the $250 Capital One Travel credit are worth a combined minimum of $1,000, which offset the Venture card’s $95 annual fee for over 10 years. Plus, you can potentially get even more value out of these Capital One miles by transferring them to one of Capital One’s 15+ transfer partners.

The $250-credit portion of this welcome offer applies to all purchases made through the Capital One Travel portal. Through this portal, you can book hotels, flights and rental cars from most major travel companies. These credits will be applied as a statement credit to your credit card balance.

The Bottom Line

While the Capital One Venture Card has always offered a lot of value through its spending bonuses and other benefits, this card just became an even better deal. For a limited time, the Venture card is offering $250 in Capital One Travel credit for new cardmembers to use in the first year, plus a welcome bonus of 75,000 miles to cardmembers who spend $4,000 on their card in the first three months after account opening.

So, if you were considering applying for the Venture card from Capital One, there’s never been a better time to do so.