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Capital One Venture Rewards vs Chase Sapphire Preferred

On an illustrative household's spending, Capital One Venture Rewards comes out about $139 a year ahead once both annual fees are paid.

The short version

Priced on a household spending $2,205 a month on a card — the assumption, in full. Credits, perks and welcome offers are not priced; each card's page lists them.

Where each one earns more

Spending onVenture Rewards
per $100
Sapphire Preferred
per $100
Better
Restaurants & Bars $3.60
base rate
$6.00
3x
Sapphire Preferred
Gas Stations $3.60
base rate
$6.00
3x
Sapphire Preferred
Flights $3.60
base rate
$4.00
2x
Sapphire Preferred
Hotels $3.60
base rate
$4.00
2x
Sapphire Preferred
Streaming $3.60
base rate
$6.00
3x
Sapphire Preferred
Food Delivery $3.60
base rate
$6.00
3x
Sapphire Preferred
Rideshare & Taxis $3.60
base rate
$4.00
2x
Sapphire Preferred
Public Transit $3.60
base rate
$4.00
2x
Sapphire Preferred
EV Charging $3.60
base rate
$6.00
3x
Sapphire Preferred
Parking & Tolls $3.60
base rate
$4.00
2x
Sapphire Preferred
Car Rental $3.60
base rate
$4.00
2x
Sapphire Preferred
Vacation Rentals $3.60
base rate
$4.00
2x
Sapphire Preferred
Everything Else $3.60
base rate
$2.00
base rate
Venture Rewards

Only categories where the two differ and at least one pays a bonus, plus everything else. No rotating or chosen categories are switched on, and a rate that needs the issuer's travel portal is not counted.

Side by side

Venture RewardsSapphire Preferred
IssuerCapital OneChase
Annual fee$95 a year$95 a year
Foreign transaction feenonenone
EarnsCapital One MilesChase Ultimate Rewards
A year, before the fee$953$814
A year, after the fee$858$719
Rates checked2026-082026-08

Protections one has and the other does not

BenefitVenture RewardsSapphire Preferred
Rental car — primary cover—Yes
Rental car — secondary coverYes—
Purchase protection—Yes
Extended warranty—Yes
Trip delay—Yes

From each issuer's benefit summary (Venture Rewards: 2026-09; Sapphire Preferred: 2026-09). Summaries leave out exclusions — read the full guide to benefits before relying on one.

Each card on its own

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