When you buy something using?links found on our site, we may earn a small affiliate commission. This content?is reviewed &?supervised by?The?Los Angeles Times Commerce Team.

Chase Sapphire Preferred? Card vs. Capital One Venture Rewards: Sapphire Prevails

Chase Sapphire Preferred? Card Capital One Venture Rewards Credit Card
Chase Sapphire Preferred? Card
LEARN MORE on Bankrate's secure site
Key Information
Earn 5X points on Chase Travel purchases, 3X points on dining, online grocery purchases, and select streaming services, and 1X points on other purchases. $95 annual fee.
Capital One Venture Rewards Credit Card
LEARN MORE on Bankrate's secure site
Key Information
Earn 5X miles per dollar on hotel stays or rental cars booked through Capital One’s portal and 2X miles on all other purchases. $95 annual fee.
SUMMARY

Two of the most popular mid-tier travel credit cards, the Chase Sapphire Preferred? Card and the Capital One Venture Rewards Credit Card come with equal annual fees and similar benefits.

The Venture Rewards card has a simpler reward structure and more airport-centric benefits, while the Sapphire Preferred has more reward-earning categories and a higher point value. The best one for you depends on what benefits you value, but we think the Sapphire Preferred is slightly better overall.

Wondering which of these two cards would make a good addition to your wallet? Let our experts help you decide in this comprehensive comparison of the Chase Sapphire Preferred vs. Capital One Venture Rewards.

HIGHLIGHTS

Chase Sapphire Preferred? Card

  • Comes with a $50 annual hotel credit, a 10% annual points bonus, various partner benefits, and solid travel insurance perks.
  • Has a $95 annual fee.
  • Earns points on dining, select streaming services, and Lyft rides, in addition to travel purchases.

Capital One Venture Rewards Credit Card

  • Comes with up to a $100 fee credit for Global Entry or TSA PreCheck and two Capital One lounge visits per year.
  • Has a $95 annual fee.
  • Earns miles on travel and entertainment.

Chase Sapphire Preferred vs Capital One Venture Rewards: An overview

? Chase Sapphire Preferred Capital One Venture Rewards
Welcome offer 60,000 points after spending $4,000 within 3 months of account opening (that’s $750 when you redeem through Chase Travel?) 75,000 miles after you spend $4,000 within 3 months of account opening (equal to $750 in travel)
Earning rate 5X points on Chase Travel purchases

5X points on Lyft rides (through March 31, 2025)

3X on dining, select streaming services, and eligible online grocery purchases

2X on non-Chase travel

1X on everything else
5X miles on hotels and rental cars through Capital One Travel

5X miles on Capital One Entertainment

2X miles on all other purchases
Redemption rate 1.25 cents per point when redeemed through Chase Travel, 1 cent per point for cash or statement credits 1 cent per mile when redeemed for travel, 0.5-2.6 cents per mile for other redemption options
Annual fee $95 $95
Other benefits Great travel insurance perks

$50 annual hotel credit

10% annual points bonus
Two free Capital One lounge visits per year (benefit ends Dec. 31, 2024)

Up to $100 Global Entry or TSA PreCheck fee credit
Learn more ??? Read more: Chase Sapphire Preferred review ??? Read more: Capital One Venture Rewards review

Why you might want the Chase Sapphire Preferred Card

The Chase Sapphire Preferred? Card has various opportunities to earn points in your daily life and a higher-than-average redemption rate for travel. It also comes with benefits like robust travel insurance perks, a 10% anniversary points bonus, and an annual hotel credit. For flexibility with earning and redeeming points, the Chase Sapphire Preferred is where it’s at.

Bottom line: The Sapphire Preferred is best for semi-frequent travelers who want to earn points on purchases in everyday categories and then redeem those points toward travel at an elevated rate.

Why you might want the Capital One Venture Rewards instead

One of the most appealing things about the Capital One Venture Rewards Credit Card is its simple reward structure— 5X miles on eligible travel and entertainment purchases and 2X miles on other purchases. This would be great if you either can’t benefit much from Sapphire Preferred’s bonus categories or you don’t want to keep track of categories. It also comes with a Global Entry or TSA PreCheck credit, so if you’ve been wanting to try out these trusted traveler programs, Venture could be the way to go.

Bottom line: The Venture Rewards card is best for semi-frequent travelers looking for a card with a simple reward-earning structure.

Does it make sense to have both the Capital One Venture Rewards and the Chase Sapphire Preferred?

It might make sense to have both— applying for and using both cards responsibly could help you maximize rewards in every possible way. Just be strategic about when and how you do your spending.

First, revel in the tingly feeling you’ll get from doubling up on welcome bonuses. Then, rely on your Chase Sapphire Preferred Card for travel, dining, online grocery shopping and other higher-reward activities. Get out your Capital One Venture Card for all “miscellaneous” purchases and take advantage of the double miles for each dollar you spend.

See more rewards credit cards Compare cards side-by-side Credit Cards with Mouse Cursor COMPARE CARDS

Chase Sapphire Preferred vs. Capital One Venture: Welcome bonus

Winner of this category: Tie!

Sapphire Preferred: The Chase Sapphire Preferred card has a welcome bonus of 60,000 points. This reward is only available once you spend a minimum of $4,000 on purchases within three months of opening your account. This is worth approximately $750, depending on how you redeem your points (more on this later).

Venture Rewards: The Capital One Venture card’s welcome bonus is 75,000 miles. It’s also only available when you spend $4,000 on purchases within three months of opening your account. However, this is worth $750 when redeemed for travel.

Chase Sapphire Preferred vs. Capital One Venture: Rewards

Winner of this category: Chase Sapphire Preferred? Card

Rewards are the cornerstone of both cards, but how you earn those rewards differs significantly.

With Chase Sapphire Preferred, you can earn the following amounts in these ways:

There are sometimes limited-time-only offers as well, such as the current promotion (as of January 2024) of 5 points per dollar spent with Lyft through March 2025.

The Capital One Venture Rewards Credit Card has a simpler but less exciting rewards scheme:

Which is better for earning rewards?

Sapphire Preferred: The Chase Sapphire Preferred Card offers far more ways to earn rewards. While the emphasis is on Chase Rewards travel, you can still rack up a decent number of points just for grocery shopping, going to?lunch or streaming your favorite shows.

Venture Rewards: Capital One Venture Rewards only wins out if you use the card for Capital One Travel purchases, as those are the only ones eligible for top-level 5 miles per dollar rewards. The 2 miles per dollar you get for “other purchases” with Capital One beats Chase’s 1 point per dollar rate, but that only helps you come out ahead if you aren’t spending much on dining, streaming, online grocery purchases and other travel.

Which is better for redeeming rewards?

No matter which card you choose, you can redeem rewards for a huge variety of highly desirable things. Travel-related redemptions are king, though.

It’s probably easier to compare if we just look at rates for simple redemptions.

But before you decide, think about which of these travel cards has partners that better align with your lifestyle.

Sapphire Preferred transfer partners

Chase Sapphire Preferred allows you 1:1 point transfers to 14 airlines and loyalty clubs.

Sapphire Preferred’s airline partners include:

Sapphire Preferred hotel partners include IHG One Rewards, World of Hyatt and Marriott Bonvoy.

Venture Rewards transfer partners

The Capital One Venture Rewards Credit Card has its own list of 15 transfer partners, some at a 1:1 transfer ratio and some at 2:1 or 4:3 ratios.?

Venture’s airline partners include:

Venture Rewards’ only current hotel transfer partner is?Wyndham Rewards.

Chase Sapphire Preferred vs. Capital One Venture: Travel Perks

Winner of this category: Chase Sapphire Preferred? Card

You won’t settle the Chase Sapphire Preferred vs. Capital One Venture debate simply by looking at point transfer rates. Operating as both hotel cards and airline cards, these two cards allow you to shift points or miles to their respective airline and hotel partners.?

Sapphire Preferred: Chase Sapphire also offers travel protections, including trip cancellation, trip interruption and delay coverage, baggage delay coverage, emergency assistance and rental car insurance.

Those Chase Sapphire travel insurance perks can come in quite handy if your plans go awry. For instance, the baggage delay coverage includes up to $100 per day for five days if your suitcases take a different flight than you do. That’s plenty of money to cover toiletries, clothes and other essentials. If your trip is delayed by more than 12 hours or you have an unexpected overnight stop en route to your destination, there’s help for that too. Chase’s trip delay reimbursement will pay up to a maximum of $500 per reservation ticket to cover your meals and accommodations.

Venture Rewards: Capital One Venture echoes the rental car coverage and adds travel accident insurance, but you’ll have to go elsewhere if you want to cover possible cancellations, delays or interruptions. Instead of those perks, Capital One throws in up to a $100 credit to cover application/enrollment fees for TSA Precheck or Global Entry (once every four years). You’ll love that fast pass paired with the two complimentary visits you’ll get each year to Capital One or Plaza Premium Lounges.

Chase Sapphire Preferred vs. Capital One Venture: Other card benefits

Winner of this category: Chase Sapphire Preferred? Card

Some additional benefits don’t fall into the other categories, but they should absolutely be considered before you decide whether you’re going the Chase route or hopping on board with Capital One.

Sapphire Preferred: Chase Sapphire Preferred cardholders are eligible for a $50 annual Chase Travel? hotel credit. You can also get a 10% annual points bonus and extended warranty and purchase protection. The last two items on that list are often overlooked but can save you a bundle of money if you buy a product with your card that doesn’t perform as expected. Other benefits are time-sensitive or limited-time-only, such as complimentary DashPass memberships from DoorDash (terms and conditions apply).

Venture Rewards: With Capital One Venture, additional perks are limited to extended warranty protection, and that benefit may not be available to all cardholders.

Chase Sapphire Preferred vs. Capital One Venture: Rates and fees

Winner of this category: It’s a tie!

One major aspect of the Chase Sapphire vs. Capital One Venture debate has to do with the fees you’ll pay for the privilege of using each card. Luckily, the main consideration is easy to remember:

But with all this talk of perks and rewards, we must also look at the credit card interest rates you’ll be paying on those big, point-earning purchases.

Some credit cards incentivize applicants with offers of a 0% introductory APR for a certain period, where failing to pay on time each month could hurt your credit score and lead to lots of unintended interest charges. You won’t need to worry about that with either of these cards, as introductory APR rates aren’t offered.

Chase Sapphire Preferred vs. Capital One Venture: Eligibility

Winner of this category: Capital One Venture Rewards Credit Card, by a hair

Neither card has super-specific eligibility requirements — you don’t have to belong to a certain club or work at a preferred company to apply. There are no official credit score requirements either, but most rewards-based credit cards with similar perks require a good credit score.?

Assume you need a VantageScore or FICO credit score of at least 690 to be eligible for Chase Preferred and 670 or higher for Capital One Venture. It will also help if you have a low income-to-debt ratio, no recent late payments or loan defaults and no bankruptcy declarations within the last five years.

Bottom line: Should I get the Chase Sapphire Preferred or the Capital One Venture Card?

To reach a final verdict regarding Capital One Venture vs. Chase Sapphire Preferred, we have to review every category and also take individual needs into account.?

You might be better off with the Capital One Venture Rewards Credit Card if you like to book through Capital One Travel and use the card for miscellaneous purchases.

Chances are more people will be satisfied with the Chase Sapphire Preferred? Card though, given its superior rewards scheme, expansive partner list and oodles of travel perks.

Advertiser Disclosure

Chase Sapphire Preferred? Card

Chase Sapphire Preferred? Card
LEARN MORE on Bankrate's secure site
Key Information
Earn 5X points on Chase Travel purchases, 3X points on dining, online grocery purchases, and select streaming services, and 1X points on other purchases. $95 annual fee.
Show More Show Less

Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card
LEARN MORE on Bankrate's secure site
Key Information
Earn 5X miles per dollar on hotel stays or rental cars booked through Capital One’s portal and 2X miles on all other purchases. $95 annual fee.
Show More Show Less

If you’ve decided neither of these cards is what you’re looking for, consider these other?travel card?options:

Or, if you want to compare these same cards to other cards, consider checking out these articles:

FAQ: Chase Sapphire Preferred vs. Capital One Venture

Which is better: Chase Sapphire Preferred or Capital One Venture?

When it comes to deciding between the Capital One Venture Card vs. Chase Sapphire Preferred, the top choice depends on your needs and lifestyle.?We think the Chase Sapphire Preferred has a slight edge over Capital One Venture, especially if you spend a lot on travel and dining.

Are Chase or Capital One points worth more?

Chase points are worth more at about $1.25 per point, while Capital One Venture miles are worth about $1. Other factors, like the 25% bonus Chase offers customers who redeem points for travel, can drive that $1.25 redemption rate even higher.

Should I switch from Chase to Capital One?

You can switch from Chase to Capital One at any time by applying for the Venture card and closing your Chase account. However, you might be better served by having both cards and using them depending on which offers better rewards for whatever you happen to be buying.

Is Chase Sapphire Preferred or Capital One Venture harder to get?

In terms of exclusivity, the Capital One Venture and the Chase Sapphire Preferred cards are pretty much tied. You need good credit (a score of 670 or above) for approval with Capital One, and a score of 690 or higher with Chase. These are unofficial numbers, though, and other factors, such as your debt-to-income ratio and recent payment history, may have an impact as well.

About the Author

Alana Luna (Musselman)
Alana Luna (Musselman) Writer & Content Strategist

Alana Luna (Musselman) is a versatile storyteller with over a decade of writing experience. She is passionate about helping people build their business through unique and engaging content.

Some examples of her current freelance projects include building content strategies for small businesses, completing industry research to build case studies, crafting buyer guides and more.

She has a passion and keen ability to simplify complex ideas through storytelling to make it easier for readers to understand hard-to-digest information. To accomplish this, Alana’s writing holds strong three principles – content that educates, engages and entertains.

* Opinions expressed here are those of the LA Times Compare Cards Team and have not been reviewed or approved by any advertiser or entities included within this content. See our editorial policy for more details.

All products or services are presented in this content without warranty. The information, including card details such as rates and fees, is accurate at the time of publish. Please visit each bank's website directly for the most current information.

BACK TO TOP
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news
news