When comparing top travel rewards cards, the Citi Premier® Card and Capital One Venture Rewards Credit Card score close to the top of the list for many points and miles fans.

Both cards currently feature increased signup offers, earn a ton of rewards points, charge affordable annual fees under $100, and provide cardholders with high-value options to redeem points for travel.

These cards tick a lot of boxes, but which one offers more value to cardholders? Let’s dig into the details and determine which card fits your wallet best.

Travelers in an airport
The Venture Card and Citi Premier can help provide unique travel experiences thanks to high-value rewards.

Citi Premier vs. Capital One Venture at a Glance

Card Details Citi Premier® Card Capital One Venture Rewards Credit Card
Signup Bonus For a limited time, earn 80,000 bonus ThankYou® Points Enjoy a one-time bonus of 75,000 Miles
Bonus Categories • 3X points on airfare, hotels, and at gas stations
• 3X points on dining at restaurants, including cafes, bars, and lounges
• 3X at supermarkets
• 1X point per $1 spent on all other purchases
• 2X Miles per dollar on every purchase, every day
• 5X Miles on hotels and rental cars booked through Capital One Travel
• 5X Miles per dollar when you book on Turo, the world’s largest car sharing marketplace, through May 16, 2023
Value of Points • 1¢ per point for airfare through Citi Travel Center
• Transfer points to 16 airline partners
• 1¢ per point for almost any travel purchase redeemed as a statement credit
• Transfer points to 18 airline and hotel partners
Key Benefits • Hotel credit – $100 annual credit eligible on hotel reservations of $500 or more made through ThankYou.com.
• World Elite Mastercard benefits
• Free FICO score
• Up to $100 TSA PreCheck and Global Entry credit every 4 years
• Auto Rental Collision Damage Waiver (secondary for rentals in the U.S., primary coverage for rentals outside the U.S.)
• Two complimentary visits to Capital One Lounges or Plaza Premium Lounges each year
Eligibility Won’t be approved if you:
• Have opened or closed a ThankYou points earning card in the previous 24 months
Won’t be approved if you:
• Currently hold 2 Capital One branded personal cards
• Have been approved for a Capital One credit card in the previous 6 months
Annual Fee $95 $95

80,000 ThankYou Points vs. 75,000 Venture Miles

Citi recently announced the return of the best bonus we’ve ever seen on the Citi Premier, giving new account holders the chance to earn 80,000 points after meeting the $4K minimum spend. We’ve only seen this bonus once before on this card, so this is a rare chance to pocket the best bonus Citi has offered on the Citi Premier.

Citi Premier® Card

Annual Fee$95
Welcome OfferFor a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening.

Capital One has also upped the ante on the Capital One Venture, publishing an excellent offer of 75,000 points once you spend $4,000 on purchases within 3 months from account opening. You can get at least $750 value from this bonus if redeemed at a fixed value for travel purchases, or potentially much more if you transfer miles to Capital One transfer partners.

Capital One Venture Rewards Credit Card

Annual Fee$95
Welcome OfferEnjoy a one-time bonus of 75,000 Miles once you spend $4,000 on purchases within 3 months from account opening.

Bonus Categories and Earning Potential

One area where these cards are miles apart is how you earn rewards. The Citi Premier is an excellent option if you are willing to build a multi-card portfolio to maximize your returns. As a standalone card, you earn 3X points per $1 on airfare and hotels and at gas stations, restaurants, and supermarkets. When combined with the Citi Double Cash, and potentially a Citi Custom Cash or Citi Rewards+, these cards form one of the most formidable rewards earning combos available right now.

If you prefer simplicity, the Capital One Venture is the ultimate set and forget rewards card. Earning a flat 2X points on purchases, you can swipe the Capital One Venture without needing to plan which card you pull out at each vendor, and points are easy to redeem at a fixed value for almost any travel purchase.

Key Benefits and Highlights

Given that these cards are both mid-tier rewards cards with sub-$100 annual fees, neither card features the big-ticket perks and benefits we see on ultra-premium travel cards. It’s also worth noting that Citi pulled almost all travel and purchase protection benefits from its cards back in 2019. There are, however, a couple of perks worth noting for both issuers.

The Capital One Venture receives two complimentary visits to Capital One Lounges or Plaza Premium Lounges each year, a TSA PreCheck and Global Entry credit every four years worth up to $100, and auto rental insurance which is secondary for rentals in the U.S. and primary for rentals outside the U.S.

Citi Premier cardholders get a $100 annual hotel credit, eligible on hotel reservations of $500 or more made through ThankYou.com, plus some essential perks like free access to your FICO score and a stack of valuable World Elite Mastercard benefits.

Who is Eligible for the Welcome Bonuses?

To qualify for the Citi Premier 80,000-point bonus, you can’t have opened or closed a ThankYou Points earning card in the previous 24 months.

Bonus ThankYou® Points are not available if you received a new cardmember bonus for Citi Rewards+℠, Citi ThankYou® Preferred, Citi ThankYou® Premier/Citi Premier® or Citi Prestige®, or if you have closed any of these accounts, in the past 24 months.

Capital One only allows you to hold two Capital One branded credit cards, plus you can only get one Capital One card every six months. This includes personal and small business cards. Provided you meet those conditions, you should be eligible to apply for the Capital One Venture bonus. Outside of these issuer restrictions, the T&Cs state that you may also be denied a bonus if you’ve had this card in the past.

You will earn 75,000 bonus miles if you spend at least $4,000 within 3 months of your rewards membership enrollment date. Once you qualify for this bonus, we will apply it to your rewards balance within two billing cycles. Existing or previous Accountholders may not be eligible for this one-time bonus.

Final Thoughts

When you factor in the 80,000-point signup bonus, we think the Citi Premier should be on the radar of anyone that qualifies for the bonus. The card is a staple for ThankYou Rewards fans, and with its increased 80K bonus, it’s possibly the best rewards card package available today.

Citi Premier® Card

Annual Fee$95
Welcome OfferFor a limited time, earn 80,000 bonus ThankYou® Points after you spend $4,000 in purchases within the first 3 months of account opening

If you are chasing the most straightforward rewards strategy, from both an earning and redeeming perspective, it’s hard to go past the Capital One Venture. You still have the option of transferring to high-value transfer partners, but the ability to redeem points at a fixed value on almost any travel purchase makes this card a bulletproof alternative for anyone chasing a simplified rewards strategy.

Capital One Venture Rewards Credit Card

Annual Fee$95
Welcome OfferEnjoy a one-time bonus of 75,000 Miles once you spend $4,000 on purchases within 3 months from account opening.

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