Capital One Venture Business Card Review

If you’re a traveler like me, chances are you’re always looking for ways to make your trips more affordable. That’s why I collect points and miles: They help me reduce my travel expenses so I can spend my money. Actually Important… who usually book more tours!

One card that can help you earn more points and miles — which translates to more free flights and free hotel stays — is the Capital One Venture Business Card. It’s an easy-to-use card that’s perfect for travelers who want to make collecting their points and miles easy. Here’s everything you need to know about the card to help you decide if it’s for you. It’s a solid business card for those who don’t want a high-profile card but want some extra perks beyond just earning miles when you spend money.

what is it

The Capital One Venture Business Card is the newly rebranded version of Capital One’s Spark Miles. But it has some notable improvements that I think make it worth adding to your wallet. Here’s a look at the key benefits of the card:

• Welcome offer up to 150,000 miles
• Standard 2x miles on every purchase
• 5x miles on travel purchases (via their portal)
• $50 annual travel credit
• $50 annual statement credit
• Up to $120 for Global Entry or TSA Precheck
• Hertz Five Star status
• No foreign transaction fees.

The card has an annual fee of just $95, which means it’s effectively free once you factor in two statement credits. With 2x miles per dollar by default, that makes this card a solid choice for everyday spending. And without a ton of different spending categories, the card is super easy to use, making it perfect for travelers new to the points and miles game.

Rental Car Perks

In addition to giving you Hertz Five Star status, which allows you to skip the counter at select locations offering a wider selection of cars, the card also offers rental car coverage when renting a car for business reasons. You’ll have to charge the full fee to your card and also decline the company’s collision damage waiver, but once you do, you’ll be covered for both collision and theft damage.

While I don’t often rent cars for work, I appreciate the free collision coverage and being able to skip the line (especially at busy rental locations).

Travel partners

With this card, you’ll earn Capital One miles. You can use them like you would any other rewards program: to earn cash back, book travel directly, or transfer to travel partners.

The easiest option is to redeem your miles for travel in the Capital One travel portal, which works like booking through Expedia or any other online travel agency. Doing so is very straightforward. You simply search and book your flight, hotel, or rental car and choose “Miles” as your payment method. It’s basically like using your miles as cash at a cost of one cent per mile.

Both options are extremely easy to implement, which is why this is a great card for beginners. And if that’s the only way you’ll use your miles, go for it! Using them is better than sitting around.

However, you can usually get more for your miles when you transfer them to Capital One’s transfer partners.

The ability to transfer travel partners is what makes Capital One miles so valuable. While the actual cost varies based on your booking, you can typically earn more than the aforementioned 1 cent per mile on airline and hotel redemptions.

Transferring travel partners is a bit more work than using the portal, but there are more tools than ever to help you maximize your miles (like point.me for finding flights and Awayz for finding award hotel stays).

Their current hotel and airline transfer partners are:

• Accor Live Unlimited
• Aeromexico Rewards
• Air Canada Aeroplan
• Avianca Life Miles
• British Airways Club
• Cathay Pacific Asia Mail
• Electoral privileges
• Emirates Skywards
• Etihad Guest
• Eva Air
• Finnair Plus
• Flying Blue
• I prefer hotel rewards.
• Japan Airlines Mileage Bank
• Jet Blue True Blue
• Qantas Frequent Flyer
• Qatar Airways Privilege Club
• Singapore Airlines KrisFlyer
• Tap Mail & Go.
• Turkish Airlines Miles and Smiles
• Virgin Red
• Wyndham Rewards

Who is this card for?

This card is perfect for business travelers looking for an easy-to-use card to help them earn points and miles. While I personally think the Capital One Venture X Business Card is a better card, it comes with a higher annual fee, so, if you want a solid travel card for your business and don’t need the upgraded perks of the Venture X Card, this is the Capital One card for you. And since the credits cover the annual fee, the card is basically free!

The new Capital One Venture Business Card has a great welcome offer, 2x honors on every purchase, and some solid perks for regular travelers. And with its low annual fee, this card isn’t for travelers looking for a new business card. I just won’t wait long — this huge welcome offer won’t last forever!

Stop paying full price for travel!

Download my free guide to points and miles and learn how to use points and miles for free travel! This is how all professionals travel so much! In this guide, I will show you:

• How to choose a credit card
• How to earn up to 10x miles on your spend
• How to redeem your points
• And a ton of other money saving tips!