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 Citi Premier® Card and Capital One Venture Rewards Credit Card are two of the most popular travel rewards cards. Both earn points/miles on travel, both come with travel perks, and both can help if you want to transfer your rewards to airlines. But is one better than the other? This Citi Premier vs Capital One Venture Rewards comparison may be able to help you settle this debate.

citi premier vs capital one venture
Will the Citi Premier or the Capital One Venture Rewards take you on an Emirates Boeing 777-300ER First Class flight? Credit: Emirates

Citi Premier vs Capital One Venture Rewards Review

Both the Citi Premier and the Capital One Venture Rewards are packed with benefits. As some of the best miles credit cards, you can use either card to earn points/miles for travel spending.

Both cards also come with a $95 annual fee.

Related: Is Getting a Travel Credit Card Worth It? Here’s What To Consider

Signup Bonus

Let’s get to the good stuff.

New Capital One Venture Rewards Credit Card cardholders can earn 75,000 miles after spending $4,000 on purchases in the first 3 months. This is equal to $750 in travel.

Learn more: Travel Rewards Credit Cards

New Citi Premier Card cardmembers can earn 60,000 bonus ThankYou® Points after spending $4,000 in purchases within the first 3 months of account opening. The 60k bonus points are redeemable for $600 in gift cards when redeemed at thankyou.com.

Verdict: TIE

Earning Points/Miles

The Capital One Venture Rewards miles system is easy. Every purchase earns unlimited 2x miles per $1 spent. You can also earn 5x miles on hotels and rental cars booked through Capital One Travel. It is also one of the best Capital One credit cards for travel. Plus, Venture cardholders will earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023). 

The Citi Premier Card earns up to 3x points per $1 spent depending on the purchase:

  • 3x points at restaurants, gas stations, air travel, hotels, and supermarkets
  • 1x points on everything else

Which card is better depends on your spending habits? Earning triple points makes the Citi Premier® Card one of the best travel rewards cards for these unique bonus categories. However, if your non-bonus spending exceeds the Premier Card’s 3x categories, the Capital One Venture Rewards is better.

Verdict: Citi Premier® Card

Redeeming Travel Points

Maybe your decision for this Citi Premier vs Capital One Venture Rewards battle comes down to which card has the most valuable redemption options. After all, not being able to redeem your points/miles for a good value means you are missing out on the best award travel options.

Additionally, the most valuable redemption option for both cards is award travel.

Redeeming Capital One Miles

It’s best to redeem Capital One Venture Miles for award travel. Your miles are worth 1 cent each for travel statement credits or booking upcoming travel on the Orbitz-powered Capital One travel portal.

Redeeming your miles for gift cards is the best non-travel award as each mile is usually worth 1 cent each. But, your miles are usually worth 0.5 cents each for cashback.

So, of the various redemption options, the travel statement credits might be your best option. You can pay cash for your plane tickets and other travel purchases to earn loyalty miles. Then you can request your statement credit to erase all or part of the purchase amount.

Redeeming Citi ThankYou Points

The Citi Premier® Card points are most valuable when booking upcoming travel on the Citi ThankYou Travel Center or transferring to the ThankYou airline partners on a 1:1 basis. Redeeming your points for statement credits only makes them worth 0.5 cents each.

The Citi Premier Card is one of the best Citi credit cards.

Verdict: Citi Premier® Card

Transferring Miles to Airline Partners

In continuation of this Citi Premier vs Capital One Venture review, both of these travel rewards cards let you transfer points/miles to select domestic and international airlines. Additionally, most transfers are complete instantly with these cards.

The Capital One travel transfer partners are:

  • Aeromexico
  • Air France KLM (Flying Blue)
  • Air Canada
  • Asia Miles
  • Avianca LifeMiles
  • Emirates
  • Etihad
  • EVA Air
  • Finnair
  • Hainan
  • Qantas
  • Qatar
  • Singapore Airlines
  • Choice Privileges
  • Wyndham Rewards

Several airlines are now 1:1 Capital One transfer partners.

Here are the Citi travel partners:

  • Aeromexico
  • Asia Miles
  • Avianca LifeMiles
  • Emirates
  • Etihad
  • EVA Air
  • Air France KLM (Flying Blue)
  • JetBlue
  • Qantas
  • Qatar
  • Singapore Airlines
  • Thai Airways
  • Turkish Airlines
  • Virgin Atlantic

Not only does Citi have several overlapping partners, but these transfers also happen on a 1:1 ratio.

Verdict: Citi Premier® Card

Additional Card Benefits

Both cards offer some extra card benefits. As both cards have a $95 annual fee, these cards are not as benefit-rich as one of the best premium travel credit cards with a $450+ annual fee.

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card probably has the most valuable additional benefits at this time:

  • Global Entry or TSA PreCheck application fee credit of up to $100
  • Secondary car rental collision damage waiver
  • Paribus price monitoring on recent purchases
  • Extended warranty on select purchases
  • No foreign transaction fee

Related: Travel Credit Card Showdown: Capital One Venture vs Amex Platinum

Citi Premier Card

Additionally, there is also an exciting annual $100 hotel savings benefit that comes with the Citi Premier Card. Cardholders who spend $500 or more (excluding taxes and fees) on a single stay at a hotel purchased through thankyou.com can take advantage of this annual $100 benefit.

Additionally, you also get these World Elite Mastercard benefits:

  • Secondary car rental collision damage waiver
  • Special discounts at select golf courses and the Luxury Hotel Collection
  • Extended warranty on select purchases

Related: What Credit Score Do You Need for Citi Premier?

Verdict: Tie

Quick Recap

Capital One Venture Rewards Credit Card

Here’s a quick rundown of everything the Capital One Venture offers:

  • Earn 2x miles on every purchase
  • Earn 5x miles on hotels and rental cars booked through Capital One Travel
  • Plus, earn 5x miles when booking through the Turo app or on Turo.com (through May 16, 2023) 
  • Redeem miles for travel statement credits and upcoming travel for 1 cent each
  • Transfer miles to loyalty partners
  • Global Entry or TSA PreCheck application fee credit
  • $95 annual fee
  • No foreign transaction fee

If you want more details on the benefits and ways you can benefit from this card, check out our in-depth Capital One Venture Card review.

Citi Premier Card

These are the key benefits for the Citi Premier:

  • Earn 3x points on air travel, hotels, restaurants, supermarkets, and gas stations
  • Get 1x points on all non-bonus purchases
  • $100 annual hotel benefit
  • Transfer points to airlines on a 1:1 basis
  • No foreign transaction fee

Still on the fence? You can get more information in our in-depth Citi Premier Card review.

Summary

In conclusion, in this Citi Premier vs Capital One Venture review, both cards make it easy to earn bonus points/miles that you can redeem for travel. The largest difference between both cards is how to redeem your points/miles for the most value.

Travel statement credits for recent travel bookings are arguably the best booking option for the Capital One Venture Rewards.

However, if airline point transfers are your preference, go with the Citi Premier® Card.

Related Articles:

Advertisement

Chase Sapphire Preferred® Card

recommended-cart-post-image
APPLY NOW
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.

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.

1 Comment On "Citi Premier vs Capital One Venture Rewards"
  1. Syed|

    Qatar is not a Capital One venture card transfer partner.
    You mentioned that above :
    The Capital One travel transfer partners are:

    Aeromexico
    Air France KLM (Flying Blue)
    Air Canada
    Asia Miles
    Avianca LifeMiles
    Emirates
    Etihad
    EVA Air
    Finnair
    Hainan
    Qantas
    Qatar
    Singapore Airlines
    Choice Privileges
    Wyndham Rewards

Leave a Reply

Required fields are marked *