The Capital One Venture Rewards card is offering 75,000 bonus miles after $4,000 in purchases in the first three months. That's $750 through Capital One Travel at the floor, and meaningfully more if you transfer to airline partners. The offer is live as of May 2026, and it sits 15,000 miles above the 60,000-mile bonus that anchored this card for years.
Deal Details
Welcome bonus: 75,000 miles after $4,000 in purchases within 3 months of account opening.
Annual fee: $95 (not waived the first year).
Earning rate: 2 miles per dollar on every purchase. 5 miles per dollar on hotels and rental cars booked through Capital One Travel.
Redemption value: $750 floor through Capital One Travel at 1 cent per mile. Higher value through transfer partners like Air Canada Aeroplan, Turkish Miles&Smiles, and Avianca LifeMiles.
Travel perks: No foreign transaction fees. $120 Global Entry or TSA PreCheck credit (every 4 years).
Status: Current standard offer as of May 2026. No published end date, but the prior 60,000-mile bonus could return.
How to Apply
- Apply on Capital One's site and confirm the 75,000-mile bonus is showing on the application page before submitting.
- Plan $4,000 in purchases across the first three months. That's roughly $1,335 per month, achievable on normal household spending.
- After the spend posts and the statement closes, the bonus miles typically show up within one to two billing cycles.
- Decide your redemption strategy before you transfer. Capital One Travel at 1 cent per mile is the floor; transfer partners can stretch the same miles further.
Why This Offer Is Worth It
The 75,000-mile bonus is 25% above the long-standing 60,000-mile offer on this card. That extra 15,000 miles is $150 in additional travel value on top of an already-solid bonus at the portal rate.
Transfer partners are where the math gets interesting. Air Canada Aeroplan's distance-based award chart books Star Alliance partners (United, Lufthansa, ANA, EVA, Avianca) at predictable rates. Avianca LifeMiles charges no fuel surcharges on most partners. A 75,000-mile balance can cover a round-trip business class flight to Europe on a sweet-spot redemption, well above the $750 portal floor.
The card itself is structurally simple. 2 miles per dollar on everything means no category tracking. The $95 annual fee buys the Global Entry credit, zero foreign transaction fees, and transfer partner access, which is the real value beyond the welcome bonus.
Capital One has run 100,000-mile promotions historically, but those are rare. The 60,000-mile baseline is more common, which makes 75,000 the version worth applying for.
Bottom Line
75,000 miles for $4,000 in spending is a strong offer on the Capital One Venture Rewards card. Confirm the bonus before applying, plan the spend across three months, and decide between Capital One Travel and a transfer partner before you redeem.
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