The Chase Sapphire Preferred® Card gets a lot of love in the world of points and miles, as it should: it’s the best card for beginners to get 99.95% of the time.

With its valuable sign-up bonus, combined with a very reasonable annual fee of $95, whether you’re new to the game or a seasoned professional who’s had it before and want to get it again, the Sapphire Preferred continues to be a terrific card for practically every cardholder.

So hat can you do with all of these points?

Well, the options are literally endless.

The Chase Sapphire Preferred® Card and the Capital One Venture Credit Card both have made a few waves in the ocean of rewards credit cards recently. Both earn flexible points, have comparable annual fees and charge no foreign transaction fees.

However, are these two cards really that similar? Let’s go over their differences and similarities to help you decide which choice suits your needs best.

Chase Sapphire Preferred® CardCapital One Venture Credit Card5X points on travel booked through the Chase Travel℠3X Ultimate Rewards points on restaurants, streaming services, and online groceries (excluding Target, Walmart, and wholesale clubs).

When I’m trying to decide what my next credit card is going to be, I consider a lot of factors. What trips do I want to take in the next one to two years? What points do I currently have? What points do I want? What’s my 5/24 status? 

These questions always help guide me towards a card that will help me meet my goals. I don’t open cards just for the sake of opening them.