Capital One Venture Rewards Credit Card Offering 50K Now!

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The Capital One Venture Rewards Credit Card is now offering a 50,000 points sign-up bonus worth $500, making it one of the most valuable travel cash back cards on the market. There are multiple links out for this card with varying bonuses and annual fees, so this is one of those times when it’s extra important to make sure that you are applying via the correct link. This link right here will take you to the 50,000 offer with the lowest annual fee ($59 waived the first year).

Update: Some offers are no longer available — click here for the latest deals!

The offer

Here are the key perks to this card offer:

  • Earn 50,000 bonus miles once you spend $3,000 on purchases within the first 3 months from account opening
  • Earn unlimited 2X miles per dollar on every purchase, every day
  • $0 intro annual fee for the first year, $59 after that
  • No foreign transaction fees

Once you hit the $3,000 spend this offer gives you $560 worth of travel which is great, especially since the Barclaycard Arrival Plus World Elite MasterCard® just dropped to 40,000.  What I really love about the Venture is that there’s no minimum redemption requirement unlike the Arrival+ which requires you to redeem for at least a $100 purchase. This makes the Venture much more practical to use.

With the $59 annual fee this is not one of the best cash back cards available. Some people who put a lot of spend on their Venture cards do get the annual fee waived but it’s never a guarantee and with no annual fee 2% cards out there, you might be tempted to look elsewhere. Still, the sign-up bonus is worth so much that that alone makes this card attractive.

Recent rejections

One thing to be aware of is that there are many data points showing that a lot of people are getting rejected for this card. Moreover, the credit bureau freeze solution which used to work and keep CapitalOne from puling all three of your credit bureaus is now having mixed success. Thus, you might have more trouble getting approved for this card than you experienced in the past.

UponArriving has partnered with CardRatings for our coverage of credit card products. UponArriving and CardRatings may receive a commission from card issuers. Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

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