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One of the travelers' favorite credit cards, the Capital One Venture Rewards Credit Card, currently allows new cardholders to earn up to $1,000 in travel bonuses. But this limited-time offer is coming to an end soon.
For a limited time, new applicants for the Venture Rewards card can earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening. Additionally, they will receive a one-time $250 credit to use on Capital One Travel, which is valid for the first cardholder year. That's equal to an impressive $1,000 in travel.
Experienced travelers may even squeeze more value from that bonus by finding redemption options with maximum value, which should not be hard thanks to Capital One's impressive portfolio of transfer partners.
The best way to maximize the travel credit would be by booking flights, hotels, and car rentals through Capital One Travel. The Venture Rewards card earns 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Travel. Just keep in mind that the $250 travel credit expires on your next card anniversary, so make sure you use it before then.
In addition to the welcome offer, the Venture Rewards allows you to earn 2 miles per dollar spent on all purchases. Thus, the $4,000 spending requirement for the bonus offer will bring you additional 8,000 miles, meaning you'd earn a total of 83,000 miles in the first few months.
To increase your earnings on travel purchases, use this card to book hotels, vacation rentals, and car rentals through Capital One Travel. Thus, you'll earn 5X miles on those purchases.
The current bonus offer on the Venture Reward card might not be the best one, but it is great enough to apply for the card now. Since the current limited-time welcome offer is ending soon, you might want to give a serious thought to adding the Venture Rewards from Capital One to your wallet.