Chase Sapphire Preferred vs Capital One Venture

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When it comes to choosing a good travel credit card, there are simply a lot of options. Two of the most popular are the Chase Sapphire Preferred (often called CSP), and the Capital One Venture. Today, we’ll compare Chase Sapphire Preferred vs Capital One Venture to see which card makes the most sense for you!

Chase Sapphire Preferred: At a Glance

Chase Sapphire Preferred

  • $95 annual fee
  • Great for travel – no foreign transaction fee, good travel rewards, etc.
  • Huge signup bonus of 60,000 Ultimate Rewards points after spending $4,000 in the first 3 months
  • Signup bonus is worth $750 towards flights or hotels
  • Earns 1 UR point per $1 spent on everything, and 2 UR points per $1 on dining and travel purchases
  • Ultimate Rewards points can be redeemed for cash, used for flights/hotels, transferred to airline partners, and more
  • Points worth $0.01-$0.02+ each (varies depending on use)
  • Designed for people with good to excellent credit scores and good income
  • Click here to learn more about the card

Overall, the Chase Sapphire Preferred is an excellent premium travel credit card. The signup bonus is worth $600 cash or $750 towards flights, which is definitely lucrative. And the ongoing rewards are solid as well.

 

Capital One Venture: At a Glance

Capital One Venture

  • $95 annual fee, but it’s waived for the first year
  • Great for travel – no foreign fee, perks for travelers, etc.
  • Big signup bonus of 50,000 Venture miles after spending $3,000 in the first 3 months
  • Signup bonus is worth $500 towards any travel purchase
  • Earns 2x miles per $1 spent on all purchases, plus 10x miles on Hotels.com purchases
  • Points worth $0.01 per point, and can be redeemed for any travel purchase (flights, hotels, cruises, excursions, etc.
  • (NEW) You can also transfer miles to select travel partners
  • Get reimbursed for Global Entry or TSA Pre+ application fee
  • Designed for people with good to excellent credit and good incomes
  • Click here to learn more about the card

The Capital One Venture is also a great option for frequent travelers. It’s recently become even better, as Capital One added the ability to transfer miles to travel partners.

 

Chase Sapphire Preferred vs Capital One Venture

Chase Sapphire Preferred vs Capital One Venture

So, how do the two cards stack up? How do you choose between the CSP vs Capital One Venture?

This is honestly a tough call, as both cards are excellent.

The Capital One Venture has the benefit of a $0 annual fee for the first year, so that saves you $95. It also has a more flexible way to redeem miles, as you can use miles to “erase” any travel purchase you have made with the card. It also has a slightly better rewards rate, with 2x points on all purchases. With that said, its signup bonus is smaller, and there are fewer transfer partners for the miles.

The Chase Sapphire Preferred has the benefit of a higher signup bonus, which is worth more than the Venture’s bonus. It has far more transfer partners, and a fairly flexible way to redeem rewards (by booking with your points). That said, the annual fee is not waived the first year, so you’ll have to weigh that against the benefits of the card.

In the end, it’s tough to choose a real winner in this fight. Really, they are both winners, as these are two of the best premium credit cards overall.

Let us know which you choose in the comments below!

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