Capital One Venture Adding New $100 Annual Travel Credit
Capital One is rolling out a new $100 annual stays credit to the Capital One Venture Rewards Credit Card. According to notices received by some cardholders, the credit can be used toward hotel and vacation rental bookings made through Capital One Travel.
The benefit appears to renew each year on your cardholder anniversary and does not require enrollment. Eligible cardholders are told the credit will become available within 72 hours of receiving the notification and can be applied at checkout when booking through the Capital One Travel portal.
Here’s the full text:
“Good news, your Venture card now includes an annual $100 stays credit for hotel and vacation rental bookings through Capital One Travel. Your credit will be renewed each year on your cardholder anniversary date with no enrollment needed. It will be ready within 72 hours of this message and can be viewed and applied at checkout.”
At the time of writing, Capital One has not updated the Venture card’s public benefits page, so it appears the feature is still rolling out. If this becomes a permanent benefit for all Venture cardholders, it would make the $95 annual fee much easier to justify and mirrors the hotel credit recently added to the Chase Sapphire Preferred.
Guru’s Wrap-up
This would be a welcome enhancement for a $95 annual fee travel cards. This credit effectively offsets the annual fee for anyone who books at least one eligible hotel stay each year through Capital One Travel.
But don’t go booking just yet. It’s not clear if the credit is live already. I have reached out to Capital One for comment.
