Chase Sapphire Preferred Card vs. Capital One Venture Credit Card

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.

Capital One Venture Card’s New 50k Bonus Worth $500

Capital One issues a travel rewards card called the Capital One Venture Card. It comes with a newly elevated 50,000 bonus points offer for spending $3,000 on your new card within three months of account opening.

The Capital One Venture Card earns a type of reward they call a mile, but there's no outsized value to be found as they're not like an airline mile you can redeem on award space. One Capital One mile = 1 cent towards travel expenses.

The Differences Between the Arrival Card and Venture Card

I write a lot about the Barclaycard Arrival PlusTM World Elite MasterCard® and very little about the Capital One Venture Card.

Superficially the two cards are similar. Both offer miles that can be redeemed for any flight, hotel, car rental, or other travel expense.

Plus the Venture Card has had a sustained TV advertisement blitz for several years that seems to have gotten through to most people. So a lot of people assume the two cards are identical or just as good as each other.