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It’s one of the most frequent questions I get asked: “should I apply for the Chase Sapphire Preferred® Card or Capital One® Venture® Rewards credit card?” I hold both the Chase Sapphire Preferred and Capital One Venture in my wallet, but which card is better?
These Chase and Capital One travel cards offer competitive sign-up bonuses worth over $500 and have valuable “transferable” points. The Venture and Sapphire Preferred are both great products, so choosing the right one can be difficult.
You can jump ahead and learn more about the Sapphire Preferred and Capital One Venture offers on their bank’s secure websites:
60,000 points ($750+) bonus: Chase Sapphire Preferred® Card
50,000 miles (TSA PreCheck): Capital One® Venture® Rewards Credit Card
The information for the Capital One® Venture® Rewards Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.
Chase Sapphire Preferred vs Capital One Venture: Best Sign-Up Bonus
The Chase Sapphire Preferred® Card last year updated its sign-up bonus to 60,000 bonus points when you spend $4,000 on purchases in the first 3 months. 60,000 Ultimate Rewards points are worth $600 in hard cash, or $750 in travel booked through the Ultimate Rewards program, or even more when you transfer them out to travel partners (more on that later).
The $95 annual fee isn’t waived for the first year, but the 60,000 points 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 13 travel partners. You can get the most value by transferring your Sapphire points to airline or hotel partners.
Capital One Venture Bonus
The Capital One® Venture® Rewards Credit Card comes with a 50,000-mile sign-up bonus when you spend $3,000 in the first 3 months. The Venture earns 2x miles on all purchases, $95 annual fee, redeem miles for travel statements, TSA PreCheck or Global Entry fee credit, and you can now transfer your miles out to leading travel loyalty programs.
Both the Capital One Venture and Sapphire Preferred rewards cards offer competitive welcome bonuses and are both metal credit cards. The Chase Sapphire Preferred awards its 60,000 point bonus after you make $4,000 in purchases during the first three months of being a cardholder. The Capital One Venture awards its 50,000-mile bonus after spending $3,000 in the first three months. The Sapphire Preferred’s bonus is worth more at its base cash level, when redeeming online in their travel portal, and when transferring out to a travel partner.
Verdict: Chase Sapphire Preferred® Card
Which is Better? Side By Side Comparison
Capital One Venture Rewards Credit Card
Chase Sapphire Preferred Card
|Credit Card Network:||VISA||VISA|
|Credit Card Company:||Capital One Credit Cards||Chase Credit Cards|
|Required Credit Standing:||Good or Excellent||Good or Excellent|
|Foreign Transaction Fee:||No Fees||No Fees|
|Type Of Reward:||Mileage||Point-Based|
|Reward Details:||Receive a one time bonus of 50,000 miles / equal to $500 in travel miles once you spend $3,000 on purchases within the first 3 months from opening the new account. This is also equal to $500 in travel||Receive 60,000 bonus points after you spend $4,000 on purchases within the first 3 months from opening the account. This is equal to $750 toward travel when you redeem through Chase Ultimate Rewards®|
|Additional Rewards:||Earn & Receive miles per dollar with every single purchase.||Earn & Receive Ultimate Reward points with every single purchase, with extra points earned on dining & travel|
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, 50k Venture miles are worth $500 in travel, or $250 in cash back. 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
Which Credit Card Has Better Perks?
The Chase Sapphire Preferred and Capital One Venture cards both have some great perks, but the Chase Sapphire Preferred has some nice benefits. The Capital One Venture spending benefits are a tad bit better though.
The Capital One® Venture® Rewards Credit Card earns 2 miles per $1 on all purchases. Nifty. There is a $95 annual fee but it comes with no foreign transaction fees, and Capital Credit Tracker (gives you access to your credit score). It also comes with TSA PreCheck or Global Entry credit, up to $100.
The Chase Sapphire Preferred comes with 2x points per $1 on travel and dining, 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.
Sapphire Door Dash Benefits
If you order-in and/or use ridesharing apps, you may be happy to know that the Chase Sapphire Preferred has added two new benefits:
- Get unlimited deliveries with no delivery fees and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with a DashPass subscription from DoorDash, over a $100 value. However, you must activate your Chase Sapphire card by December 31, 2021.
- Earn 5x points on Lyft rides through March 2022. That’s 3x points in addition to the 2x points you already earn on travel.
I like the simplicity of earning 2x miles on all purchases that the Capital One Venture offers and the TSA PreCheck credit, but I personally think the Chase Sapphire Preferred has more robust benefits, especially for travel transfers. However, I think it’s a tie on the benefits between the Chase Sapphire Preferred vs Capital One Venture one because I feel like being nice.
Winner: Tie Capital One® Venture® Rewards Credit Card & Chase Sapphire Preferred® Card
Best Point System? Chase Ultimate Rewards or Capital One Miles
Ok, on to the point and rewards, which really set the Chase Sapphire Preferred and Capital One Venture cards apart.
The 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 thirteen travel partners including:
- British Airways
- Flying Blue (Air France & KLM)
- United Airlines
All of these transfer 1:1 from Chase Ultimate Rewards and they all transfer instantly.
Meanwhile, the Capital One Venture points program added 12 transfer partners in 2018—but they don’t transfer 1:1. Instead, they transfer 1.5:2, meaning that 1000 Venture points transfer to 750 airline miles.
You can transfer your Venture miles to these travel programs:
- Aeromexico Club Premier
- Air Canada Aeroplan
- Air France/KLM Flying Blue
- Alitalia MilleMiglia
- Avianca LifeMiles
- Cathay Pacific Asia Miles
- Emirates Skywards
- Etihad Airways Guest
- EVA Air Infinity MileageLands
- Finnair Plus
- Hainan Airlines Fortune Wings Club
- JetBlue TrueBlue
- Qantas Frequent Flyer
- Qatar Airways Privilege Club
- Singapore Airlines KrisFlyer
- Wyndham Rewards
You can now transfer miles to ALL (Accor Live Limitless) and Wyndham Rewards hotels. Learn more about Capital One hotel transfer partners.
Both of the Capital One Venture and Chase Sapphire Preferred cards have an excellent set of transfer partners. However, the Chase Sapphire Preferred’s partners are largely 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
Not only do you have the flexibility to use your 60,000 Ultimate Rewards points like $600 in cash back or $750 in travel 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 Example
Another 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 $800, so 80,000 Venture points.
The lesson is that you probably don’t want to primarily earn Venture points if you want to use them for international travel, especially premium travel.
However, fixed value points can be good for trains, taxis, b&bs, and taxes on award tickets. Basically, 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
Sapphire Preferred vs Venture Bonus Spending Categories
The Chase Sapphire Preferred® Card earns 2 points per $1 spent on travel and dining and restaurant purchases and earns 1 point per $1 spent elsewhere. The travel and dining categories are broad, but they do restrict earnings for people that don’t travel often on paid flights and hotel bookings.
On the other hand, Capital One® Venture® Rewards Credit Card earns 2 miles per $1spent on all purchases. This makes the card great because you can easily rack up miles on just about any expense, including rent, tuition, taxes, and more.
Also, what’s cool is both the Chase Sapphire Preferred and Capital One Venture are the best metal credit cards 2020 you can apply for.
Verdict: Capital One® Venture® Rewards Credit Card
Misc Benefits of Chase vs Capital One
It’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 huge 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.
Is the Chase Sapphire Preferred or Capital One Venture 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 2x points/miles per $1 on dining purchases.
So, which is better for your dining purchases, Capital One Venture vs Chase Sapphire Preferred?
Well, let’s take a look.
Read The Fine Print
Now, you may be thinking, if both of the credit cards give you two points or two miles per dollar 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 offers two points on what the brand considers “restaurant and dining expenses.” 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 to eat 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.
However, there is the added benefit of no delivery fees for a minimum of one year on qualifying food purchases with a DoorDash DashPass subscription (activate with your Chase Sapphire card by December 31, 2021).
Again, let’s also take another look at those sign-up bonuses. With Capital One Venture, the 50,000 miles ends up equaling $500 in travel. For Chase Sapphire Preferred, on the other hand, the 60,000 bonus points equal $750 toward travel when you redeem through Chase Ultimate Rewards. However, keep in mind, again, that you have to spend $4,000 with Chase Sapphire to get those 60,000 bonus points, while you only spend $3,000 with Capital One Venture to get the bonus offer.
Still, if you’re set on Capital One, the Capital One Venture Rewards is one of the best Capital One credit cards for travel.
Other Little Extras Between the Venture and Sapphire Preferred
There 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, 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 good for those people who are casual travelers. They have the option of transferring Venture miles out to 15+ partners. They might also like a simple way of redeeming their points.
Plus, if you’re getting two 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 go buy some new furniture across town. You’ll be earning the exact same amount.
That’s a pretty good deal.
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, which, for those of us who are really into our loyalty programs, 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 very valuable though.
The information for the Capital One® Savor® Cash Rewards Credit Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.
If you’re truly looking for credit cards that are dedicated to earning on frequent dining costs, there are some other options for you, beyond these two cards mentioned above.
For example, the Capital One® Savor® Cash Rewards Credit Card gives you 4 percent cash back on dining and entertainment, and 2 percent cash back at grocery stores. Everything else is equal to 1 percent cash back. You can check out the Capital One Savor Cash Rewards Credit Card review for more information.
But I would much rather earn travel rewards points.
Chase Sapphire Reserve
If you want to go the Sapphire route, though, there’s the premium Chase Sapphire Reserve®. The Chase Sapphire Reserve benefits are solid, with 3x points on dining purchases, plus a sign-up bonus of 50,000 points after spending $4,000 spent in the first three months. You can also earn 3X points on travel immediately after earning your $300 travel credit. But of course, the Sapphire Reserve does come with a higher annual fee. It has a $550 annual fee, but it comes with a $300 annual travel credit, fee credit for Global Entry or TSA PreCheck, and Priority Pass Select membership which can help offset the cost of the annual fee.
Your points are worth 50% more when redeemed for award travel through Chase or you have the 1:1 travel partners like Southwest, United, and World of Hyatt which offer some valuable award travel redemption values.
Platinum Card from American Express
One popular option for award travel aficionados is the Platinum Card® from American Express. Its benefits are as lavish the American Express Centurion Card, but you earn 5x points on airline purchases, have access to the 1:1 Membership Rewards transfer partners, complimentary Global Lounge Collection membership, and the $200 airline travel credit to name a few benefits.
New cardmembers can also enjoy the welcome bonus of 60,000 points. This bonus is worth $750 in award travel after spending $5,000 in the first 3 months. The annual fee is $550 (See Rates & Fees). Read more: American Express Platinum review.
Premium Airline and Hotel Credit Cards
Airlines and hotels offer premium co-brand rewards cards like the Marriott Bonvoy Brilliant™ American Express® Card which comes with an annual free night award valid at Bonvoy properties that cost 50,000 points or less. You also get a $100 on-property credit and automatic Marriott Gold Elite status. It is also one of the best Marriott credit cards available.
- Capital One Venture vs Chase Sapphire Reserve
- Capital One Venture Credit Score Needed
- Guide to Sapphire Application Rules
Additional Capital One and Sapphire Card Benefits
Capital One Venture Rewards Credit Card: Global Entry or TSA PreCheck application fee credit
Chase Sapphire Preferred Card: Trip delay and cancellation benefits
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 Venture
The 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 5 years and you can get through airport security and U.S. Customs sooner.
Other 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.
50,000 miles (TSA PreCheck): Capital One® Venture® Rewards Credit Card
Chase Sapphire Preferred
The 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 is 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.
Summary of These Two Popular Travel Credit Cards
The 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 points. The Sapphire Preferred is a good card if you are willing to sacrifice the 2x flat-rate rewards. 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.
Learn more: Capital One® Venture® Rewards Credit Card
Learn more: Chase Sapphire Preferred® Card
Chase Sapphire Preferred vs Capital One Venture FAQs
Who are the Chase Travel transfer partners?
The Chase Sapphire Preferred’s travel transfer partners include Aer Lingus AerClub, 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?
Earn 2x points on every $1 spent on travel and dining charged to your Chase Sapphire Preferred and 1x the points on every $1 spent on everything else.
For rates and fees of The Platinum Card® from American Express, please click here.
Chase Sapphire Preferred® Card
- Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
- 2X points on travel and dining at restaurants worldwide & 1 point per dollar spent on all other purchases.
- Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 60,000 points are worth $750 toward travel
- Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
- Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered. Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.
Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.
- 1 Chase Sapphire Preferred vs Capital One Venture: Best Sign-Up Bonus
- 2 Which is Better? Side By Side Comparison
- 3 Which Credit Card Has Better Perks?
- 4 Sapphire Preferred vs Venture Bonus Spending Categories
- 5 Is the Chase Sapphire Preferred or Capital One Venture Better for Restaurants?
- 6 Which Chase or Capital One Bank Card is Best for You?
- 7 Other Options
- 8 Additional Capital One and Sapphire Card Benefits
- 9 Summary of These Two Popular Travel Credit Cards
- 10 Chase Sapphire Preferred vs Capital One Venture FAQs