Capital One® Venture® Rewards Credit Card vs. Chase Sapphire Reserve®: Which is best for you?

Capital One® Venture® Rewards Credit Card and Chase Sapphire Reserve® are both travel rewards credit cards that come with miles multipliers based on your spending, offer bonuses for new cardholders and include exclusive travel benefits.

But they aren’t identical — let’s take a look at the essential components of each card to see which one you should choose as your travel rewards companion.

At a glance comparison

Here are the basics: Capital One Venture vs. Chase Sapphire Reserve

Capital One VentureChase Sapphire Reserve
Annual Fee$0 for the first year, then $95 annually.$550 per year
Reward RatesEarn 2x unlimited Venture Rewards miles on every purchase, every day.Up to $100 in credits toward Global Entry or TSA PreCheck. 3x travel reward points on all travel worldwide, 3x points on dining and one point per dollar on all other purchases.
Sign Up BonusReceive 50,000 bonus miles when you spend $3,000 on purchases in the first three months after account opening.Earn 50,000 bonus points when you spend $4,000 on purchases in the first three months after account opening.
Credits3x travel reward points on all travel worldwide (after travel credit is earned). $100 in credits toward Global Entry or TSA PreCheck applications paid for with your Capital One Venture card.$300 in statement credits for travel purchases charged to your card each year.
Lounge AccessNoneAfter one-time enrollment in Priority Pass Select, enjoy access to 1,000 VIP lounges worldwide.
Authorized User FeeNone$75 for each authorized user

Standout features

What sets Capital One Venture apart from the competition? Some standout features include:

  • Easy miles transfer — Transfer your miles to Capital One travel partners including Avianca LifeMiles, Asia Miles or Qatar Airways Privilege Club, making it easy to get the travel experience you want and make the most of the miles you earn. 
  • Travel accident insurance — Enjoy automatic insurance coverage for eligible fares when they’re purchased with your Capital One card. Even if trips don’t work out as planned, automatic travel accident insurance means money saved if you lose time to delays or cancellations.
  • Account alerts and virtual card numbers — Your online purchases are secured with virtual card numbers from Eno, which keeps your real card number safe from prying eyes. And in the event of fraudulent transactions, you receive automatic alerts so you can lock down your card. The result is peace of mind, no matter where and how you spend.
  • Autopay —  Set up automatic, recurring payments each month to streamline money management and make sure you never miss a deadline. For globetrotting travelers exploring the world with Venture Miles, autopay means you can focus on what matters: Living in the moment.

Chase Sapphire Reserve also boasts great benefits for cardholders, such as:

  • Receive 50% more in travel rewards redemption — Chase Sapphire Reserve cardholders enjoy 50% more value when they redeem travel miles through Chase Ultimate Rewards. For example, the 50,000 bonus miles you earn after account opening are worth $750 as Chase Ultimate Rewards.
  • No blackout dates — Go when you want, where you want with no blackout dates for hotels and airfare. This lets you travel whenever works best for you, whether that’s high season to chase warm sun and sandy beaches or off-season to make your points do more.
  • Access 1:1 points transfer — If you prefer to transfer your points to popular travel programs like Aer Lingus, the Virgin Atlantic Flying Club, IHG Rewards Club or Marriott Bonvoy, you enjoy a 1:1 transfer rate. So if Chase Ultimate Rewards doesn’t have the destination or travel package you’re looking for, equal transfer value lets you get what you really want.
  • Access 24/7 direct service — Need help when you’re away from home? Enjoy 24/7 access to a dedicated customer service representative anywhere in the world. This is great to have on hand if your card is lost or stolen abroad or you have credit questions when you’re far from home.
  • Lost luggage reimbursement — If you or an immediate family member check or carry on luggage that’s damaged or lost by your carrier in transit, you’re automatically entitled to up to $3,000 in reimbursement per passenger. Always a potential problem when you travel abroad, coverage for lost or damaged luggage makes it easier to get your trip back on track.

The case for Capital One Venture

The Capital One Venture card makes it easy to earn Venture Rewards miles on everyday spending with 2x miles earnings for any purchase, anytime. Along with a $0 annual fee for the first year ($95 thereafter) and the ability to add authorized users at no cost, earning miles doesn’t require significant up-front spending. Combined with the ability to exchange miles with top partners and earn extra rewards multipliers with special travel offers, this card lets you earn everywhere so you can go anywhere.

The case for Chase Sapphire Reserve

While the Chase Sapphire Reserve card comes with higher fees — $550 per year and $75 for each authorized user — you get 3x reward points on all travel worldwide, along with increased value at Chase Ultimate Rewards, access to VIP lounges across the globe and luxury hotel benefits such as room upgrades and late check-out where available. Put simply, this is a travelers’ travel rewards card, making it easier for you to earn miles in comfort and travel in style.

In a nutshell

Both the Capital One Venture and the Chase Sapphire Reserve let you earn, exchange and redeem travel miles for great experiences across the globe. If you’d rather tie everyday spending to earning rewards miles and grabbing bonus multipliers, consider Capital One Venture. If VIP lounge access and no blackout travel dates are your must-haves, choose Chase Sapphire Reserve.

Doug Bonderud

An award-winning finance, technology and security writer, Doug has a knack for distilling complex concepts down into actionable, readable copy that generates interest and drives engagement