The Ultimate Guide: Chase Sapphire Preferred Vs. Capital One Venture – Which Card Is Right For You?

When it comes to premium travel rewards credit cards, Chase Sapphire Preferred and Capital One Venture are two of the most popular options. Both cards offer a wide range of benefits, including generous sign-up bonuses, flexible redemption options, and valuable travel protections. But which card is better for you? In this comprehensive comparison, we’ll dive into the details of each card to help you make an informed decision.

Sign-Up Bonus

Chase Sapphire Preferred: Earn 60,000 bonus points after spending $4,000 in the first three months.

Capital One Venture: Earn 75,000 bonus miles after spending $4,000 in the first three months.

Advantage: Capital One Venture offers a slightly higher sign-up bonus.

Earning Rewards

Chase Sapphire Preferred: Earn 2 points per dollar on dining and travel, and 1 point per dollar on all other purchases.

Capital One Venture: Earn 2 miles per dollar on all purchases.

Advantage: Capital One Venture offers a simpler and more straightforward rewards structure.

Redemption Options

Chase Sapphire Preferred: Redeem points for travel through Chase Ultimate Rewards, transfer to airline and hotel partners, or cash out for 1 cent per point.

Capital One Venture: Redeem miles for travel through Capital One Travel, transfer to airline partners, or cash out for 1 cent per mile.

Advantage: Chase Sapphire Preferred offers more flexible redemption options, including the ability to transfer points to a wider range of partners.

Travel Benefits

Chase Sapphire Preferred: Includes a $50 annual Ultimate Rewards Hotel Credit, Priority Pass Select membership, and trip delay and baggage delay insurance.

Capital One Venture: Includes a $100 annual credit for Global Entry or TSA PreCheck, airport lounge access, and trip delay and baggage delay insurance.

Advantage: Capital One Venture offers a more generous travel credit and airport lounge access.

Annual Fee

Chase Sapphire Preferred: $95

Capital One Venture: $95

Advantage: Both cards have the same annual fee.

Other Features

Chase Sapphire Preferred: Offers purchase protection, extended warranty, and lost luggage reimbursement.

Capital One Venture: Offers a 5% bonus on miles redeemed for travel through Capital One Travel, and access to Capital One’s concierge service.

Advantage: Capital One Venture offers a slightly wider range of additional features.

Which Card is Better for You?

The best card for you depends on your individual travel needs and preferences.

Choose Chase Sapphire Preferred if you:

• Value flexible redemption options
• Travel frequently with specific airline or hotel partners
• Want a card with a strong reputation and a wide acceptance network

Choose Capital One Venture if you:

• Prefer a simpler rewards structure
• Want a card with a generous travel credit and airport lounge access
• Value additional features such as a 5% bonus on miles redeemed for travel

Basics You Wanted To Know

Q: Which card has a higher sign-up bonus?
A: Capital One Venture offers a slightly higher sign-up bonus of 75,000 miles compared to Chase Sapphire Preferred’s 60,000 points.

Q: Which card offers more flexible redemption options?
A: Chase Sapphire Preferred offers more flexible redemption options, including the ability to transfer points to a wider range of airline and hotel partners.

Q: Which card has a better annual travel credit?
A: Capital One Venture offers a more generous annual travel credit of $100 compared to Chase Sapphire Preferred‘s $50 credit.

Q: Which card offers airport lounge access?
A: Capital One Venture offers complimentary airport lounge access through its partnership with Priority Pass.

Q: Which card has a lower annual fee?
A: Both Chase Sapphire Preferred and Capital One Venture have the same annual fee of $95.