Geoff is a personal finance and travel writer and editorial strategist. His work has been featured on Forbes, HuffingtonPost, TechCrunch, Hyatt, CreditCards.com, CreditSesame.com, and Inc.com. This post contains references to
products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Disclosure, visit this page. The Chase Sapphire Preferred® Card and the Capital One Venture Rewards Credit Card are two of the top-rated travel cards. Both Chase
and Capital one credit cards offer valuable rewards on travel, including the ability to transfer points/miles to travel partners. Cardholders also earn rewards on common purchases, making these cards viable for everyday use. They also come with no foreign transaction fees and a low $95 annual fee. It’s easy to conclude that both travel cards have their advantages. I personally hold both the Chase Sapphire Preferred and Capital One Venture in my wallet. But is the Chase
or Capital One card better? It depends. You can keep reading to learn more about the Chase Sapphire Preferred vs Capital One Venture or jump right into it and learn more about the bonus offers: 60,000 points offer:
Chase Sapphire Preferred® Card 75,000 bonus miles: Capital One Venture Rewards Credit Card Earning a signup bonus on a new credit card can set you up for some fantastic rewards. Depending on the card, earning that bonus can also give you a boost in travel, allowing you to use the bonus points/miles to offset travel purchases. You might want to check out our
roundup of the best credit card offers as well. Otherwise, here is what is being offered between the Chase Sapphire Preferred and the Capital One Venture Rewards Credit Cards. New Chase Sapphire Preferred® Card
cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s $750 when redeemed through Chase Ultimate Rewards®. The $95 annual fee isn’t waived for the first year, but the bonus and perks on the Sapphire Preferred card justify the annual fee, IMHO. I’ve kept my Sapphire Preferred open for several years, and have no plans of canceling anytime soon. The Chase Sapphire Preferred earns Ultimate Rewards points, which can be used for a statement credit, redeemed for travel through the Ultimate Rewards portal, or transferred out to Chase travel partners. You can get the most value by transferring your Sapphire points to airline or hotel partners. Enjoy a one-time
bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel, with the Capital One Venture Rewards Credit Card. The
Capital One Venture Rewards Credit Card earns 2x miles on all purchases, redeem miles for travel statements, TSA PreCheck or Global Entry fee credit of up to $100, and you can transfer your Capital One miles out to travel
partners. However, earn 5x miles on hotels and rental cars booked through Capital One Travel. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023). Capital One Venture miles can be redeemed for travel at a $.01 per mile ratio, or used for cash back. Unfortunately, the cash back ratio is half the value of the redeeming for travel. For example, 60k Venture miles
are worth $600 in travel. Ouch. Even though the minimum spending requirement is a little bit higher with the Chase Sapphire Preferred, you can get more value from your points because it has transfer partners that offer more flexibility. Plus, you have more options when it comes time to use your Ultimate Rewards points. Winner:
Chase Sapphire Preferred® Card The Chase Sapphire Preferred and Capital One Venture cards both have some great perks. Both of these
travel credit cards have Visa Signatures benefits, like free movies, hotel discounts, and wine tastings. I like the simplicity of earning 2x miles on all purchases that the Capital One Venture offers and the TSA PreCheck credit. Still, I think the Chase Sapphire Preferred has more robust benefits, especially for travel transfers. Capital One Venture Rewards PerksThe Capital One Venture Rewards Credit Card earns 2x miles per $1 on all purchases. Nifty. However, earn 5x miles on hotels and rental cars booked through Capital One Travel. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023). There is a $95 annual fee, but it comes with no foreign transaction fees, and Capital Credit Tracker (which gives you access to your credit score). It also comes with TSA PreCheck or Global Entry fee credit, up to $100. Chase Sapphire Preferred PerksThe Chase Sapphire Preferred comes with no foreign transaction fees, chip & signature technology, primary CDW on car rentals, $10,000 trip cancellation insurance, and many more travel benefits that make the Sapphire Preferred worth it. There are several Chase Sapphire reward categories. The Chase Sapphire Preferred earns unlimited:
There is a $50 annual Ultimate Rewards Hotel Credit. It comes in the form of a statement credit that will automatically be applied to your account when your card is used for hotel accommodation purchases made through the Ultimate Rewards program, up to an annual maximum accumulation of $50. Plus, on each account anniversary, you’ll earn bonus points equal to 10% of your total purchases made the previous year. So, if you spend $25,000 on purchases, you’ll get 2,500 bonus points. Additional PerksPoints are worth 25% more when redeemed for statement credits against existing purchases in select, rotating categories with the Chase Pay Yourself Back feature. Winner: Chase Sapphire Preferred® Card Best Point System? Chase Ultimate Rewards or Capital One MilesOk, on to the point and rewards, which set the Chase Sapphire Preferred and Capital One Venture cards apart. Chase Sapphire PreferredThe Chase Sapphire Preferred card earns Chase Ultimate Rewards points. These points are major flexibility. A big part of their popularity comes as being one of the best transferrable points programs as Chase partners with tons of top-notch loyalty programs. Currently, you can transfer your Chase Ultimate Rewards points to several Chase travel partners:
All of these transfer 1:1 from Chase Ultimate Rewards. Related: When To Transfer Chase Ultimate Rewards Points To Travel Partners? Capital One VentureYou can transfer your Venture miles to these travel programs:
You can now transfer miles to ALL (Accor Live Limitless) and Wyndham Rewards hotels. Learn more about Capital One hotel transfer partners. Additionally, Capital One also has new airport lounges to visit. Both the Capital One Venture and Chase Sapphire Preferred cards have an excellent set of transfer partners. However, the Chase Sapphire Preferred’s partners are vastly easier for novice redemptions, and the 1:1 transfer ratio gives it the extra push it needs to take the win for best transfer partners. Verdict: Chase Sapphire Preferred® Card Why Does Chase Have a Better System?Not only do you have the flexibility to use your Ultimate Rewards points through the Ultimate Rewards website (20% discount), you can transfer Ultimate Rewards points out to travel partners. This is where the real value is found. Some of my favorite travel partners to transfer Chase Ultimate Rewards points out to are Hyatt, British Airways, Southwest, United, and Singapore Airlines. Here are just a couple of examples of how I could get more than $500 in value by transferring my Ultimate Rewards out to travel partners.I could fly Aer Lingus one-way in business class from Boston to Dublin for only 37,5000 British Airways Avios (transfer partner) points! That same flight could cost up to $3,594, or 359,400 Venture points. Ummmmm, no thanks. Hyatt Redemption ExampleAnother example is that by transferring 50,000 Ultimate Rewards points to Hyatt, I could get two free nights at the Park Hyatt (category 5 property) in Melbourne, Australia. Swanky. Two nights at the Park Hyatt in Melbourne can easily run $600, so 60,000 Venture points. The lesson is that you probably don’t want to primarily earn Venture points if you’re going to use them for international travel, especially premium travel. However, fixed value points can be useful for trains, taxis, b&bs, and taxes on award tickets, travel expenses that miles don’t cover. I think it’s important to diversify your miles and points, so having fixed value points is a plus, but if I had to choose, I would focus on transferable points, because that’s where you can get more value from your points. Winner: Chase Sapphire Preferred® Card Misc Benefits of Chase vs Capital OneIt’s worth mentioning that Capital One will pull ALL three credit bureaus when seeing if you’re creditworthy for their cards. Ouch. That’s important to know since having fewer inquiries will keep your credit score in better condition and give you more room to apply for other rewards cards, if that’s your style. The Chase Sapphire Preferred perks include complimentary trip cancelation insurance, auto rental insurance, and baggage delay insurance. Depending on how often you travel, these perks can give you colossal value when your bags are delayed. On the other hand, Capital One Venture has a more limited set of perks. It offers a Global Entry fee waiver, secondary auto rental insurance, and travel accident insurance. So if you don’t have Global Entry already, this can save you $100. Chase Sapphire Preferred vs Capital One Venture: Which Card is Better for Restaurants?The Capital One Venture and Chase Sapphire Preferred cards are two of the most popular travel credit cards on the market right now. They both come with a competitive sign-up bonus, and they both earn more points/miles per $1 on eligible dining purchases than other cards.  So, which is better for your dining purchases, Capital One Venture vs Chase Sapphire Preferred? Well, let’s take a look. Read The Fine PrintNow, you may be thinking, if both of the credit cards give you rewards spent on dining, what’s the big deal? Aren’t they both the same? There’s more to consider. For one, let’s think about what dining actually means. Chase Sapphire Preferred® Card offers 3x points on what the brand considers “restaurant and dining expenses.” This includes select takeout and delivery as well. While they say this includes charges at “merchants whose primary business is sit-down or eat-in dining,” there are definitely things that don’t apply. For example, you’ll find you don’t always get your points at merchants that do other things beyond selling food and drink. While you may think eating at a restaurant at a sporting venue, a hotel, or a casino counts as dining, that may not be the case for Chase Sapphire Preferred, as their terms say they may not count. With the Capital One Venture Rewards Credit Card, each purchase earns 2x miles per $1 spent. That includes food purchases at a restaurant, at a hotel, at a mall, etc. Still, if you’re set on Capital One, the Capital One Venture Rewards is one of the best Capital One credit cards for travel. However, earn 5x miles on hotels and rental cars booked through Capital One Travel. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023). Other Little Extras Between the Venture and Sapphire PreferredThere are some other little extras to Chase Sapphire Preferred vs Capital One Venture cards, and those are worth taking a look at. The Capital One Venture Rewards Credit Card allows you to redeem your miles for travel with no blackout dates, and your miles will never expire. With the Chase Sapphire Preferred® Card, there are also no blackout dates or travel restrictions through the Chase online portal. Both the Sapphire and Venture cards come with valuable Visa Signature benefits, including access to the Visa Signature Concierge, travel perks, security and travel protections, and more. You can also get deals on shopping, entertainment, and exclusive events. Which Chase or Capital One Bank Card is Best for You?Ultimately, when you get down to it, the Capital One Venture Rewards Credit Card is useful for those people who are casual travelers. They have the option of transferring Venture miles out to travel partners. They might also like a simple way of redeeming their points. Plus, if you’re getting 2x miles per dollar spent on absolutely everything, you don’t have to worry about the money you’re spending on actual travel and dining because you’re getting the same amount across the board. You can dine out with friends anywhere you want. Then you can buy some new furniture across town. You’ll be earning the same amount. You’ll earn 2x miles on everything. That’s a pretty good deal. Just remember, you also earn 5x miles on hotels and rental cars booked through Capital One Travel. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023). But, if you’re a more frequent traveler, the Chase Sapphire Preferred® Card could work very well for you. You’ll be spending the money on the things that earn the most points — dining and travel — and you can also enjoy that 1:1 point transfer with all your favorite airline and hotel loyalty programs. For those of us who are really into our loyalty programs, those transfer abilities can be a big deal. You can transfer Capital Miles to airlines too, but at a lower rate, and the airlines aren’t as ideal. They can still be precious, though. Related Posts:
Additional BenefitsCapital One Venture Rewards Credit Card:
Global Entry or TSA PreCheck application fee credit Both cards offer some additional card benefits. While you won’t see airline miles fee credits or complimentary airport lounge access like a premium travel credit card, these benefits can still save you money when traveling. Capital One VentureThe Venture Rewards Card’s best additional benefit is a Global Entry or TSA PreCheck application fee credit of up to $100. This saves you up to $100 every five years, and you can get through airport security and U.S. Customs sooner. Other Capital One Venture Rewards Credit Card shopping benefits include Paribus, which monitors your recent purchases to file price protection claims if the merchant drops the price in the near future. The Wikibuy tool can help you save money before you buy as this tool compares the prices from multiple online merchants to find the lowest price. Chase Sapphire PreferredThe Chase Sapphire Preferred vs Capital One Venture card’s additional benefits help save you money when your travel plans get delayed or canceled. For instance, you can be reimbursed up to $10,000 per person and $20,000 per trip in non-refundable travel purchases with their trip insurance and cancellation coverage. You can also be reimbursed for incidental expenses like lodging and toiletries due to trip or baggage delays. Another valuable benefit of the Chase Sapphire Preferred® Card is the primary coverage for rental car collision and theft damage up to the vehicle’s cash value. Most credit cards, including the Capital One Venture Rewards credit card, only offer secondary coverage, which activates after your regular auto insurance policy benefits have been applied. Related Articles: Can You Transfer Freedom Unlimited Points to Sapphire Preferred? SummaryThe Chase Sapphire Preferred vs Capital One Venture will always be an ongoing discussion. Capital One Venture Rewards can be the better option for earning more miles on your daily spending. You also have flexible redemption options that make it easy to use your miles. The Chase Sapphire Preferred® Card is a sound card if you are willing to sacrifice the 2x flat-rate rewards that comes with the Venture Rewards Card. It’s also good if you prefer redeeming your points for upcoming travel with either the 25% travel redemption bonus or like the Chase 1:1 transfer partners more. And if you spend a lot in the dining, travel, select streaming services, and eligible online grocer categories, you’re likely better off with the Sapphire Preferred. 60,000 points ($750 when redeemed for award travel) bonus: Chase Sapphire Preferred® Card 75,000 bonus miles: Capital One Venture Rewards Credit Card FAQsWho are the Chase transfer partners?The Chase travel partners include Aer Lingus AerClub, Air Canada Aeroplan, British Airways Executive Club, Emirates Skywards, Air France KLM Flying Blue, Iberia Plus, JetBlue TrueBlue, Singapore Airlines KrisFlyer, Southwest Airline Rapid Rewards, United MileagePlus, Virgin Atlantic Flying Club, IHG Rewards Club, Marriott Bonvoy, and World of Hyatt. Who are the Chase Ultimate Rewards Portal partners?The Chase Ultimate Rewards portal partners include Apple, Adidas, Amazon, Clarins, Kiehl’s, Nike, Walgreens, Sam’s Club, Vistaprint, ProFlowers, Aveda, Groupon, Sephora, Blue Apron, Dick’s Sporting Goods, Restaurant.com, and more. What is the Chase Sapphire Preferred’s spending limit?The Chase Sapphire Preferred’s minimum spending limit is $5,000. On average, cardholders have reported that their credit limit was raised to $10,000 after a few months of making payments on time and paying their card in full. Still, as many as 10% of users have reportedly received a credit limit of $20,000 or more. What are the spending categories for the Chase Sapphire Preferred?There are several Chase Sapphire reward categories. The Chase Sapphire Preferred earns unlimited:
ContentsUse this table to jump to specific comparison factors for these cards:
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Is Chase Sapphire or Capital One Venture card better?The Capital One Venture Rewards Credit Card is the winner over the Chase Sapphire Preferred® Card. Capital One Venture is a better credit card than Chase Sapphire Preferred because it gives more value over the long haul with its ongoing rewards rate of 2 miles / $1 spent on all purchases.
Which points are better Chase or Capital One?Although Capital One offers slightly more transfer partners, Chase's partners may be slightly more useful, including partners like Southwest, United and Hyatt. Winner: Chase Sapphire Preferred, since redemptions made via Chase Ultimate Rewards receive 25% more value.
Is Chase Sapphire Preferred still worth it?Bottom line. All in all, the Chase Sapphire Preferred Card's $95 annual fee can easily be offset just by using it to pay for your everyday purchases. You can also recoup the fee by taking advantage of perks like DashPass, the card's $50 annual Ultimate Rewards Hotel Credit and its welcome bonus.
Is Chase Sapphire Preferred worth it 2022?Is the Chase Sapphire Preferred worth it? If you're a traveler who spends a decent amount on hotels, airfare, and dining out each year, the Chase Sapphire Preferred Card is well worth the annual fee. It provides substantial rewards and useful travel benefits that will enhance your experience.
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Capital one venture rewards vs chase sapphire preferred
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