Capital One® Venture® Rewards Credit Card vs. Chase Sapphire Reserve®: Which is best for you?
December 23, 2019
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 Venture||Chase Sapphire Reserve|
|Annual Fee||$0 for the first year, then $95 annually.||$550 per year|
|Reward Rates||Earn 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 Bonus||Receive 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.|
|Credits||3x 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 Access||None||After one-time enrollment in Priority Pass Select, enjoy access to 1,000 VIP lounges worldwide.|
|Authorized User Fee||None||$75 for each authorized user|
What sets Capital One Venture apart from the competition? Some standout features include:
Chase Sapphire Reserve also boasts great benefits for cardholders, such as:
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.