Capital One Venture Miles have been somewhat unpopular among the true experts in the points and miles community. The program isn’t among the top dogs because rewards don’t transfer to partners 1:1 and therefore aren’t as valuable. The points are kind of like candy corn. It's still candy, but it's not what kids want to find in their bags after a night of trick-or-treating. However, things are changing for the better.

Capital One has expanded its program by adding several new transfer partners and improving points transfer rates for select loyalty programs.

Capital One has increased the welcome offer on its popular Venture Card to up to 100,000 miles. It might sound like a lot, and it is, but it’s not going to work for everyone. Let’s take a look at why you should and shouldn’t try to get your hands on this increased bonus.

Capital One Venture Card New Welcome Offer of Up to 100,000 Miles

First of all, the new, limited-time bonus offer on the Capital One Venture Card is tiered.