Increased Pre-Approved Offers for Capital One Cards
Capital One has a pre-approval tool. You answer some questions and provide some personal information, and then you’ll be presented with cards you’re pre-approved for. You can then select one of those offers and answer a few more questions to finish applying for your card. You can find this tool here.
Now we are seeing some improved signup bonuses through Capital One pre-approvals. One is for the Capital One Venture card which has a 100,000 miles bonus, and the other for the VentureOne card that has a 40,000 miles bonus. These offers are higher than the current public offers, but also come with a higher spending requirement. It’s also not guaranteed that you will see these cards as some of your pre-approved offers. I would suggest selecting “New card member offer” on the first question. And now let’s see what these offers look like.
Capital One Venture
- Earn 100,000 bonus miles after spending $10,000 on purchases within the first 3 months of account opening.
- Annual Fee: $95 (not waived)
- Credit level required: Excellent/Good
The current public bonus is for 75,000 miles after spending $4,000 within the first three months. Annual fee is not waived in either offer.
Card Benefits
The Capital One Venture Card offers the following earning possibilities and benefits, in addition to the sign-up bonus:- Earn:
- 2X miles per dollar on every purchase, every day
- 5X miles on hotel and rental cars booked through Capital One Travel
- Receive up to $120 credit for Global Entry or TSA Pre® when you use your Venture card.
- $50 experience credit and other benefits on hotel and vacation rental booked from Lifestyle Collection.
- Hertz Five Star status
- Auto Rental Collision Damage Waiver
- Travel Accident Insurance
- Extended Warranty
- No Foreign Transaction Fees
- Access to Capital One Entertainment and Capital One Dining
- Transfer your rewards miles to other loyalty programs for more flexibility.
- Miles never expire.
Capital One VentureOne
- Earn 40,000 bonus miles after spending $1,000 on purchases within the first 3 months of account opening.
- No Annual Fee
- Credit level required: Excellent/Good
The current public bonus is for 20,000 miles after spending $500 within the first three months.
Card Details
- Earn unlimited 1.25 miles per dollar on every purchase, every day.
- Earn unlimited 5 miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel
- Transfer miles to many popular travel loyalty programs.
- No Foreign Transaction Fees
- No Annual Fee
Capital One Transfer Partners
Customers will need to transfer a minimum of 1,000 Venture X, Venture X Business, Venture or Spark Miles at a time to travel loyalty programs, and will need to transfer in 100 mile increments.If you’re an eligible Capital One cardholder, you can transfer your rewards by signing in to your account online or through the Capital One Mobile app. Once you’re signed in, navigate to the rewards section button and select the option to transfer your miles. Before you confirm, remember that there’s no way to transfer miles back into your Capital One rewards account.
| Partner | Ratio |
|---|---|
| Accor Live Limitless | 2 : 1 |
| Aeromexico Club Premier | 1 : 1 |
| Air Canada Aeroplan | 1 : 1 |
| Air France KLM Flying Blue | 1 : 1 |
| Avianca LifeMiles | 1 : 1 |
| British Airways (Avios) | 1 : 1 |
| Cathay Pacific Asia Miles | 1 : 1 |
| Choice Hotels (Choice Privileges) | 1 : 1 |
| Emirates Skywards | 1 : 1 |
| Etihad Airways Etihad Guest | 1 : 1 |
| EVA Air Infinity MileageLands | 2 : 1.5 |
| Finnair Plus | 1 : 1 |
| I Prefer Hotel Rewards | 1 : 2 |
| Japan Airlines Mileage Bank | 2 : 1.5 |
| JetBlue TrueBlue | 5 : 3 |
| Qantas Frequent Flyer | 1 : 1 |
| Qatar Airways Privilege Club | 1 : 1 |
| Singapore Airlines Krisflyer | 1 : 1 |
| TAP Air Portugal (Miles&Go) | 1 : 1 |
| Turkish Airlines (Miles&Smiles) | 1 : 1 |
| Virgin Red | 1 : 1 |
| Wyndham Rewards | 1 : 1 |
Guru’s Wrap-up
It’s worth checking for these offers if you plan to apply for the Venture or VentureOne cards. Also let me know if you see increased pre-approved offers for any other Capital One cards.
The Venture bonus is a big one, but it also comes with a much higher spending requirement. The VentureOne offer is double the public offer, and only requires $500 more spending.
