{"id":15341,"date":"2023-04-25T15:00:02","date_gmt":"2023-04-25T15:00:02","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/04\/25\/chase-sapphire-preferred-vs-capital-one-venture-rewards-credit-card-comparison-the-points-guy\/"},"modified":"2023-04-25T15:00:02","modified_gmt":"2023-04-25T15:00:02","slug":"chase-sapphire-preferred-vs-capital-one-venture-rewards-credit-card-comparison-the-points-guy","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2023\/04\/25\/chase-sapphire-preferred-vs-capital-one-venture-rewards-credit-card-comparison-the-points-guy\/","title":{"rendered":"Chase Sapphire Preferred vs. Capital One Venture Rewards: Credit card comparison – The Points Guy"},"content":{"rendered":"


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Shelling out hundreds of dollars in annual fees for premium credit cards<\/a> is not for everyone, especially when you\u2019re new to the points and miles world<\/a>. Fortunately, plenty of travel credit cards<\/a> will set you back less than $100 a year<\/a> and still earn you lucrative rewards to help you book that epic trip of your dreams.<\/p>\n

Among the top cards in this category are the Chase Sapphire Preferred Card<\/a> and the Capital One Venture Rewards Credit Card<\/a><\/span>. Both come with manageable annual fees for beginners and experts, at $95 per year.<\/p>\n

Let\u2019s look at how these two cards stack up in a head-to-head comparison.<\/p>\n

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Comparing the Capital One Venture vs. Chase Sapphire Preferred<\/h2>\n

Here are the basics of each of these two cards in the major categories:<\/p>\n

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\n\n\n\n\n\n\n\n\n\n\n\n\n
Card details<\/strong><\/th>\nChase Sapphire Preferred<\/strong><\/th>\nCapital One Venture Rewards<\/strong><\/th>\n<\/tr>\n<\/thead>\n
Annual fee<\/strong><\/td>\n$95.<\/td>\n$95.<\/td>\n<\/tr>\n
Sign-up bonus<\/strong><\/td>\nEarn 80,000 bonus points after you spend $4,000 on purchases in the first three months from account opening.<\/td>\nEarn 75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening.<\/td>\n<\/tr>\n
Everyday spend earning rate<\/strong><\/td>\n1 point per dollar.<\/td>\n2 miles per dollar.<\/td>\n<\/tr>\n
Bonus categories<\/strong><\/td>\n5 points per dollar on all travel purchased through Chase Ultimate Rewards.<\/p>\n

5 points per dollar on Lyft rides (through March 31, 2025).<\/p>\n

3 points per dollar on dining, select streaming services and online grocery purchases (excluding Target, Walmart and wholesale clubs).<\/p>\n

2 points per dollar on all other travel.<\/p>\n

1 point per dollar on all other purchases.<\/p>\n<\/td>\n

5 miles per dollar on hotels and rental cars booked through Capital One Travel.<\/p>\n

2 miles per dollar on all other purchases.<\/p>\n<\/td>\n<\/tr>\n

Value of points\/miles<\/strong><\/td>\n1.25\u20132 cents each.<\/td>\n1\u20131.85 cents each.<\/td>\n<\/tr>\n
Foreign transaction fees<\/strong><\/td>\nNone.<\/td>\nNone.<\/td>\n<\/tr>\n
Travel protections<\/strong><\/td>\nPrimary auto rental coverage, trip cancellation and interruption insurance, baggage delay insurance, trip delay reimbursement, travel and emergency assistance services, lost luggage insurance.<\/td>\nSecondary auto rental coverage, travel accident insurance, roadside assistance (fees apply), 24-hour travel assistance services.*<\/td>\n<\/tr>\n
Other benefits<\/strong><\/td>\n$50 annual hotel credit, 10% annual points bonus, extended warranty protection and purchase protection.<\/td>\nTwo complimentary visits to Capital One or Plaza Premium lounges annually<\/a>, Global Entry\/TSA PreCheck application fee credit up to $100 every four years, extended warranty protection.*<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

* Benefits only available to accounts approved for the Visa Signature card. Terms apply.<\/em><\/p>\n

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Sign-up bonus<\/h2>\n

Both cards are currently offering solid sign-up bonuses that can provide a ton of value to new cardholders.<\/p>\n

Capital One Venture<\/strong>: The Venture Rewards card offers 75,000 bonus miles after spending $4,000 on the card within the first three months of account opening. This bonus is worth $750 in travel if you redeem at a fixed value<\/a> directly through Capital One or up to $1,388* if you transfer your miles<\/a> to Capital One\u2019s airline or hotel transfer partners<\/a>, since TPG values<\/a> Capital One miles at 1.85 cents each.<\/p>\n

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here<\/a>.<\/em><\/p>\n

Chase Sapphire Preferred<\/strong>: The Sapphire Preferred is currently offering 80,000 bonus points after you spend $4,000 on purchases in the first three months from account opening. Since points are worth 1.25 cents apiece when redeemed through the Chase Ultimate Rewards travel portal<\/a>, the bonus is guaranteed to be worth at least $1,000 in travel (before factoring in the statement credits). However, TPG values Chase Ultimate Rewards at 2 cents each, so you can get an even greater return by leveraging Chase\u2019s airline or hotel transfer partners<\/a>.<\/p>\n

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Winner:<\/strong> Chase Sapphire Preferred. It\u2019s a close call but given the array of valuable transfer partners with Chase, the Sapphire Preferred gets the nod.<\/p>\n

Related: How (and why) you should earn transferable points<\/a><\/strong><\/p>\n

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Earning<\/h2>\n

Capital One Venture:<\/strong> 5 miles per dollar on hotels and rental cars booked through Capital One Travel<\/a>; and 2 miles per dollar on all other purchases.<\/p>\n

Chase Sapphire Preferred: <\/strong>5 points per dollar on all travel purchased through Chase Ultimate Rewards; 3 points per dollar on dining, including eligible delivery services, takeout and dining out; 3 points per dollar on select streaming services; 3 points per dollar on online grocery purchases (excluding Target, Walmart and wholesale clubs); 2 points per dollar on all other travel; and 1 point per dollar on all other purchases.<\/p>\n

Travel is defined quite broadly with the Sapphire Preferred and includes some everyday expenses, such as tolls, parking and subway tickets<\/a>. Dining<\/a> includes standard restaurants, bars and coffee shops, food delivery services<\/a>, and even most vending machines.<\/p>\n

Winner:<\/strong> Tie. The Capital One Venture comes out ahead on everyday spending but falls behind in specific categories, where the Sapphire Preferred shines.<\/p>\n

Related: Chase Sapphire Preferred credit card review<\/a><\/strong><\/p>\n

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Redeeming rewards<\/h2>\n

Both cards allow you to redeem rewards toward many purchases \u2014 but travel redemptions always provide the best value.<\/p>\n

Capital One Venture:<\/strong> Capital One miles have become much more valuable over the last few years. If you want a simple redemption option, you can redeem your Venture miles at a fixed value of 1 cent each<\/a> toward travel bookings made through Capital One Travel or use them for statement credits to offset any travel purchase within the last 90 days (again, at a rate of 1 cent per mile).<\/p>\n

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