Capital One Venture Rewards
Capital One, Visa, $95 annual fee. Earns Capital One Miles, valued at 1.80¢ a point.
Rates checked against the issuer 2026-08. Foreign transaction fee: none.
The short version
- Best at: online shopping (#2, $3.60 per $100); Target and Walmart (#2, $3.60 per $100); Costco and Sam's Club (#2, $3.60 per $100).
- A year's rewards: about $953, or $858 after the fee.
- Weighing it up against: Venture X, Sapphire Preferred.
Is the annual fee worth it?
It earns about $953 a year on the illustrative household's spending, which is $858 once the fee is paid. The best card with no fee, American Express Blue Business Plus, nets $1,058 on the same spending — so this card is $201 a year behind. Below about $5,703 a month of spending, the free card comes out ahead instead.
Price its credits, perks and sign-up bonus your way — tick what you would use and say what it is worth to you.
Priced on an illustrative household spending $2,205 a month on a card — the assumption, in full. Credits and perks are not priced: they are worth their face value only if you would have spent that money anyway.
What it earns, category by category
| Earns on | Rate | ConditionsWhat the issuer attaches to this rate: a spending cap, a category you have to switch on, or a booking you have to make through its travel portal. |
|---|---|---|
| Hotels, Car Rental | 5x | Only through the issuer's travel portal. Hotels and rental cars via Capital One Travel |
| Everything else | 2x |
Where it ranks
Against every card in the catalogue, scored in dollars per $100 with no rotating categories switched on:
- #2 of 117 for online shopping — $3.60 per $100
- #2 of 117 for Target and Walmart — $3.60 per $100
- #2 of 117 for Costco and Sam's Club — $3.60 per $100
- #2 of 117 for grocery delivery — $3.60 per $100
- #2 of 117 for department stores — $3.60 per $100
- #2 of 117 for utility bills — $3.60 per $100
Where a year's rewards come from
| Spending on | Earns a yearWhat this card earns on each kind of spending over a year, for the illustrative household on the method page. Before the annual fee. |
|---|---|
| Groceries | $216 |
| Everything Else | $216 |
| Restaurants & Bars | $130 |
| Gas Stations | $65 |
| Online Shopping | $65 |
| Utilities | $65 |
Priced on an illustrative household spending $2,205 a month on a card — the assumption, in full. Credits and perks are not priced: they are worth their face value only if you would have spent that money anyway.
Protections and travel benefits
From the issuer's own benefit summary as of 2026-09. These are read from summaries rather than the full guide to benefits, which has the exclusions — check it before relying on one.
What the issuer lists besides rewards
- Global Entry or TSA PreCheck credit
- No foreign transaction fees
- Secondary rental car coverage
Similar cards
- American Express Amex EveryDay Preferred — annual fee $95 a year
- Wells Fargo Autograph Journey — annual fee $95 a year
- Bilt Obsidian Card — annual fee $95 a year
- American Express Business Green Rewards Card — annual fee $95 a year
- Every travel card, ranked
- When an annual fee pays for itself
- The best two- and three-card combinations
Point values: published industry valuations, read 2026-09. How every number here is worked out.