Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.

Capital One® Venture® Rewards Credit Card vs. Chase Sapphire Reserve®

A battle between flat-rate and tiered travel rewards.

Updated . What changed?

Fact checked
Both the Capital One® Venture® Rewards Credit Card and Chase Sapphire Reserve® are excellent travel products. The Capital One® Venture® has a $95 annual fee starting the second year, while the Chase Sapphire Reserve® costs $550 a year. Finally, the Capital One® Venture® offers flat rewards on purchases while the Chase Sapphire Reserve® offers accelerated rewards in differing categories.

Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

Rates & Fees

Chase Sapphire Reserve®

Chase Sapphire Reserve®

Rates & Fees

finder.com's rating
finder.com's rating

★★★★★

4.4 / 5.0

★★★★★

4.6 / 5.0
Best for
Best for
  • High unlimited mile-earning rate on all purchases
  • Incredible signup bonus and premium travel perks
Welcome offer
Welcome offer

50,000 bonus miles after spending $3,000 in the first 3 months

50,000 points after spending $4,000 in the first 3 months

Rewards
Rewards

5x miles on Uber Eats and 2x miles on all purchases

10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases

Purchase APR
Purchase APR

17.24%, 21.99% or 24.49% variable

16.99% to 23.99% variable

Annual fee
Annual fee $95 $550
Balance transfer APR
Balance transfer APR 17.24% to 24.49% variable

16.99% to 23.99% variable

Cash advance
Cash advance

APR: 24.49% variable

Fee: $10 or 3% of the transaction, whichever is greater

APR: 24.99% variable

Fee: $10 or 5% of the transaction, whichever is greater

Foreign transaction fee
Foreign transaction fee None None
Late payment fee
Late payment fee Up to $39 Up to $39
Additional cardholder fee
Additional cardholder fee $0 $75
Interest-free period
Interest-free period 25 days 21 days
Minimum interest
Minimum interest $0
Minimum credit score
Minimum credit score 670 740
Card type
Card type Credit Credit
Learn more
Learn more

Read review

Summary of card features

Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

  • Earn an unlimited 2x miles on all purchases.
  • Get a 50,000-mile welcome offer after you spend $3,000 in your first 3 months.
  • Get various travel benefits, including a TSA PreCheck or Global Entry statement credit worth $100.

Chase Sapphire Reserve®

Chase Sapphire Reserve®

  • Signup bonus. Earn 50,000 bonus points when you spend $4,000 in your first 3 months of card membership. This is worth $750 if you redeem through the Chase Ultimate Rewards travel portal.
  • Earn rewards points. Earn 3x points on travel and dining at restaurants worldwide and 1x points on all other purchases. The 3x points can be worth 4.5% back if redeemed on travel purchases through the Chase Ultimate Rewards. You also earn 10x points on Lyft purchases until March 2022. This can be worth up to 15% back in travel purchases via the Chase Ultimate Rewards portal.
  • Annual travel credit. Get $300 in statement credit as reimbursement for your travel purchases every year on your card account anniversary.

Best annual fee: Capital One® Venture®

One reason it’s difficult to compare these cards is because of a big difference in price points. But this can be a good thing, as this is a sharp distinction that can help you choose your preferred card right away. Still, the Capital One® Venture® comes in with a much lower annual fee.

Capital One® Venture®: $95 intro fee for the first year, then $95.

This price point designates the Capital One® Venture® as a mid-tier travel product. As such, the card isn’t loaded with features. If you want straightforward benefits such as rewards and a signup bonus, this card might be what you’re looking for.

Chase Sapphire Reserve®: $550 annual fee.

With this annual fee, the Chase Sapphire Reserve® is a premium travel card. It’s a great choice if you want to travel in style, as you’ll find several strong benefits beyond rewards and a signup bonus — for example, airport lounge access and travel credits.

Best signup bonus: Chase Sapphire Reserve®

While both cards seem to offer the same signup bonus, Chase Ultimate Reward points are worth more than the points you’ll earn on the Capital One® Venture® Rewards.

Capital One points are generally worth they’re worth 1 cent each, giving its signup bonus a value of $500.

But you can increase the value of your rewards by transferring them to travel partners. According to our valuations, Capital One miles can be worth 1.5 cents each after accounting for the transfer ratio if you transfer them to Air France/KLM Flying Blue. This means a 50,000-mile signup bonus can be worth $750.

50,000 points can hit this same value without the need for transfers through the Chase Ultimate Rewards travel portal. Redemptions made this way are worth 50% more — giving them a value of $750. This is one of the most straightforward redemptions, but you can squeeze even more value out of your points by transferring them to travel partners.

For example, our current valuations place Chase points at around 2 cents when transferred to Aer Lingus AerClub, Air France/KLM Flying Blue or Iberia Plus. This gives the Chase Sapphire Reserve® signup bonus a potential value of $1,000.

Best for earning rewards: Tie

Another big difference between these cards is their reward structures. The Capital One® Venture® offers flat-rate rewards, meaning you earn the same rewards rate on every purchase. The Chase Sapphire Reserve® offers tiered rewards, which means you’ll earn a higher rewards rate in certain categories.

Flat-rate rewards are a great choice if you spend evenly throughout many categories, or if you don’t want to worry about bonus categories. The Capital One® Venture® offers a solid rewards rate, so you can use it for everyday and travel purchases alike.

Rewards-wise, the Chase Sapphire Reserve® is a strong choice only if you travel or dine out frequently. If you don’t, you’ll earn an anemic 1x points most of the time.

As such, the card you choose between the two will ultimately come down to your spending and travel habits.

Best for redeeming rewards: Chase Sapphire Reserve®

With both cards, you can use their respective rewards portals to redeem your points or miles for travel, gift cards and more. You can also transfer your rewards to travel partners.

For most of Capital One’s in-house redemption options — including Purchase Eraser, travel and gift cards — you’ll get a value of 1 cent per mile. Redeeming for cash back gives you a worse rate, so consider avoiding it.

Many of Chase’s in-house redemption options — such as cash back and gift cards — also give you a value of 1 cent per point.

However, the Chase Sapphire Reserve® has an advantage over the Capital One® Venture® in an important respect: When you redeem your points for travel through Chase Ultimate Rewards, they’re worth 50% more. This lets you get more out of your points relatively easily, without having to transfer rewards: A 3x-point earn rate can give you a 4.5% overall rewards rate.

According to our valuations, points can be worth up to 2 cents each when you transfer them to Aer Lingus AerClub, Air France/KLM Flying Blue or Iberia Plus. This means you can earn up to a 6% overall rewards rate when you use your card for travel or dining.

Best for perks: Chase Sapphire Reserve®

Chase’s card is hands-down the winner in this category, overpowering its competitor through sheer volume of benefits. But this is to be expected, as it’s a premium card that costs a lot more than Capital One’s mid-tier travel card.

Just a few perks you’ll get through the Reserve include a Global Entry or TSA PreCheck credit, travel coverage, no foreign transaction fees, complimentary Priority Pass membership, annual Door Dash credits and an annual travel statement credit.

You’ll also get a complimentary year of Lyft Pink, which is valued at $19.99 a month or almost $240 a year. This membership comes with perks like 15% savings on each ride, cancellation fee protection, priority dispatch at airports and, in select cities, three complimentary 30-minute bike or scooter rides per month. This helps secure the Reserve as an excellent choice for travel.

Another travel card to compare

Chase Sapphire Preferred® Card

  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2x points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 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, 80,000 points are worth $1,000 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.
Read less
Read more
See Rates & Fees

The winner: Chase Sapphire Reserve®

Chase’s card takes the trophy here, offering not just huge earning value, but enough perks and features to offset the large annual fee. While the Capital One® Venture® can deliver up to a 3% rewards rate, you can easily get a 4.5% rewards rate with the Chase Sapphire Reserve® through Chase Ultimate Rewards. Furthermore, you can earn up to a 6% rewards rate — and perhaps even more — by transferring points to Chase’s travel partners.

Not to take anything away from the Capital One® Venture®, though, which is one of the best mid-tier travel cards in its own right. Flat-rate rewards are a reliable pick, as you can be confident you’ll earn solid miles no matter what you spend on.

Compare travel credit cards

Want to compare even more travel cards? Choose your credit score below and click “Show Cards” to start a side-by-side comparison.

Name Product Foreign transaction fee Welcome offer Rewards Filter values
Chase Sapphire Preferred® Card
None
80,000 points after spending $4,000 in the first 3 months, a value of up to $1,000 through Chase Ultimate Rewards
5x points on Lyft, 2x points on travel and dining and 1x points on all other purchases
This popular travel card's signup bonus is worth up to $1,000. Get even more value out of your travel, dining, and Lyft rewards by transferring them to miles.
American Express® Gold Card
None
35,000 points after spending $4,000 in the first 3 months
3x points on directly-booked flights; 4x at restaurants; 4x at US supermarkets on up to $25,000 annually (then 1x points)
Earn 4x points at restaurants worldwide. Rates & fees
Chase Sapphire Reserve®
None
50,000 points after spending $4,000 in the first 3 months
10x points on Lyft rides, 3x points on dining and travel after earning your $300 travel credit and 1x points on all other purchases
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months
Hilton Honors American Express Card
None
75,000 points after spending $1,000 in the first 3 months
7x points on Hilton Honors purchases, 5x at US restaurants, US supermarkets and US gas stations, 3x on all other purchases
Earn 75,000 Hilton Honors Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & fees
Luxury Card Mastercard® Titanium Card™
None
N/A
1x points on all purchases with 2% point value when you redeem for airfare and 1% for cash back
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
loading

Compare up to 4 providers

Frequently asked questions

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site