• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Credit Card and banking reviews

AllCards.com

Credit Cards, Banking, and Cash Back

  • Best Credit Cards
    • Best Overall Credit Cards
    • Interest Free Credit Cards
    • Balance Transfer Credit Cards
    • Secured Credit Cards
    • Student Credit Cards
    • Metal Credit Cards
  • Cash Back Cards
    • Credit Card Signup Bonuses
    • Best Business Credit Card Signup Bonuses
    • Groceries
    • Streaming Services
  • Cards by FICO Score
    • 500 – 600
    • 600 – 650
    • 650 – 700
    • 700 to 750
  • Compare Cards
    • Ink Business Cash vs. Ink Business Unlimited
    • Chase Sapphire Preferred vs. The Amex Platinum Card
    • Citi® Double Cash vs. Discover It
    • Chase Sapphire Preferred vs. Blue Cash Preferred
    • Citi Double Cash vs. Citi Custom Cash
    • Ink Business Cash vs. Ink Business Premier
    • Capital One Venture vs. Capital One Quicksilver
    • Chase Freedom Unlimited vs. Chase Sapphire Preferred
    • Citi Custom Cash vs. Discover It
    • Citi Custom Cash vs. Blue Cash Everyday
  • Banking
    • Best Interest Rates
    • Savings Accounts
    • Money Market Accounts
    • Free Checking Accounts
    • High Yield Checking Accounts
    • Business Checking Accounts
    • Bank Accounts for Kids & Teens
    • Best Online Banks
    • Best Bank Bonuses
  • Bank CD Rates
    • No-Penalty CD Rates
    • 3-Month CD Rates
    • 6-Month CD Rates
    • 1-Year CD Rates
    • 18-Month CD Rates
    • 2-Year CD Rates
    • 3-Year CD Rates
    • 4-Year CD Rates
    • 5-Year CD Rates
  • Calculators
    • Emergency Fund Calculator
    • CD Interest Calculator
    • Savings Calculator
    • Credit Card Payoff Calculator
    • Debt Payoff Calculator
    • Loan Payment Calculator
You are here: Home / Credit Cards / Chase Sapphire Preferred® Card vs. Capital One Venture Rewards Credit Card

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

December 23, 2022 by Gail Kellner

Premium travel rewards cards often come with premium annual fees. But the Chase Sapphire Preferred and the Capital One Venture Rewards cards are two mid-level travel rewards cards with reasonable annual fees and some great travel perks. We compare these cards so you can decide which one fits your travel needs better, or if you want to apply for both.

Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card

Overall Rating

4.9

Welcome Offer

60000 Points (terms apply)

Rewards Range

1x - 5x points

Annual Fee

$95

Regular APR (V)

20.49% - 27.49%

0% Into APR on Purchases

None

0% Intro APR on Transfers

None

Foreign Transaction Fee

None

Read Review
Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card

Overall Rating

4.5

Welcome Offer

75000 Miles (terms apply)

Rewards Range

2x - 5x miles

Annual Fee

$95

Regular APR (V)

20.24% - 28.24%

0% Into APR on Purchases

None

0% Intro APR on Transfers

None

Foreign Transaction Fee

None

Read Review

Welcome Bonus

Both cards offer a similar welcome bonus. The Chase Sapphire Preferred® Card is currently offering 60,000 bonus points when you spend $4,000 in the first 3 months.

The Capital One Venture Rewards Credit Card offers a slightly higher bonus: 75,000 bonus points when you spend $4,000 in the first 3 months.

It would seem that the Capital One Venture Rewards Credit Card comes out ahead here, but if you redeem the bonus points of the Chase Sapphire Preferred® Card for travel through Chase's Ultimate Rewards portal, they're worth 25% more, so both welcome bonuses are valued at $750.

Cash Back Rewards

The Chase Sapphire Preferred® Card earns you 5x points on travel booked through Chase Ultimate Rewards portal; 3x on dining, streaming services, and online grocery purchases, 2x on travel not booked through Chase, and 1x on all other purchases.

The Capital One Venture Rewards Credit Card earns you 5x miles on hotels and rental cars booked through Capital One Travel, and 2x miles on all other purchases.

The Chase Sapphire Preferred® Card has better rewards on dining and on streaming services, plus your travel rewards can be redeemed through the Chase Ultimate Rewards portal. You also get 5x on Lyft rides through March 31, 2025 and a 10% anniversary points boost. That means if you spend $5000 on your Chase Sapphire Preferred card, you'll get an extra 500 bonus points.

Capital One Venture Rewards Credit Card makes it very easy: 2x on all purchases everyday and 5x when you book through Capital One Travel. However, the Chase Sapphire Preferred® Card offers more value with dining, online grocery, and streaming categories earning 3x points, plus you get an annual 10% points boost, so the Chase wins this round.

Here are the details for each card.

Chase Sapphire Preferred® Card

Rewards:  

5x points
Travel
5x points on travel purchased through Chase Ultimate Rewards.
3x points
U.S. supermarkets
Earn 3x points on online grocery purchases (excluding Target, Walmart and wholesale clubs).
3x points
Streaming services
Earn 3x points on select streaming services.
3x points
Dining
3x points on dining, including eligible delivery services, takeout and dining out.
2x points
Travel
2x points on travel not booked through Chase Ultimate Rewards, such as airfare, hotels, taxes and trains.
1x points
On all other purchases
1x points on all other purchases.

Capital One Venture Rewards Credit Card 

Rewards:  

5x miles
Hotels
Earn unlimited 5 miles per dollar on hotels and rental cars booked through Capital One Travel
2x miles
All eligible purchases
Earn unlimited 2 miles per dollar on every purchase

Rates and Fees

Both cards have the same annual fee: $95, and neither card is offering a 0% introductory rate at this time. Neither card has foreign transaction fees, which is nice because you won't have to worry about fees if you travel internationally. Both cards have very similar rates and fees, so it's a tie.

Who the Chase Sapphire Preferred® Card is Best For

The Chase Sapphire Preferred® Card is a great travel card, especially for a card with an annual fee of $95. You get some nice travel perks as well, such as baggage delay insurance and lost luggage insurance. This is a Visa Signature card, so it comes with benefits such as trip cancellation insurance and purchase protection.

If you don't want to pay a hefty annual fee but you enjoy traveling, this is a great choice. If you travel frequently and want more premium travel benefits, consider the Chase Sapphire Reserve®. You'll get a welcome bonus worth $900 and more generous rewards, such as a $300 travel credit and more points on flights, car rentals and airfare. However, the Chase Sapphire Reserve® has a hefty annual fee of $550, so you need to travel quite a bit for the card to be worth it.

People who travel occasionally, or people who travel and don't want to pay that annual fee will be very happy with the Chase Sapphire Preferred® Card.

Who the Capital One Venture Rewards Credit Card is Best For

People who like simplicity will love the Capital One Venture Rewards Credit Card. You'll just earn 5x on travel (booked through Capital One) and 2x on all other purchases. Nothing to keep track of, nothing to sign up for. You could squeeze more value out of the Chase Sapphire Preferred® Card, but not everyone has the time or the motivation to maximize credit card rewards. And you get some nice perks such as two airport lounge visits a year, plus a $100 global entry or TSA Precheck credit. It's more than worth the annual fee.

Those looking for more premium rewards could consider the Capital One Venture X Rewards Credit Card. You get more rewards, but the annual fee is $395. But if you travel frequently and want more rewards, it could be perfect for you.

Does it make sense to get both cards?

If you don't mind shelling out almost $200 on annual fees, you could get both cards. You could use the Chase card for the elevated rewards on streaming, dining, and online grocery purchases, and then use the Capital One card for everything else. You'd also get the Visa Signature benefits of the Chase card. And you'd have a wider array of travel partners to use.

Approval Odds

The credit score data provided for some of the cards listed below comes from publicly available information in several forums. The accuracy of the information cannot be verified. Keep in mind that credit card issuers consider more than an applicant’s credit score and that underwriting standards change over time.

Chase Sapphire Preferred® Card 

App StatusDateCredit ScoreBureauCredit Limit
Approved03/23/2022
750
Equifax
$22,000
Approved03/23/2022
770
Experian
$22,000
Approved09/21/2022
788
Experian
$12,900
Approved05/28/2022
740
Not Provided
$18,400
Approved06/26/2022
729
Equifax
$14,000
Approved06/26/2022
725
Experian
$14,000
Approved06/26/2022
737
TransUnion
$14,000
Approved07/06/2022
786
Experian
$16,600
Approved09/21/2022
743
Equifax
$12,900
Approved12/04/2022
770
Experian
$12,000
Denied08/07/2022
720
Not Provided
---

Capital One Venture Rewards Credit Card 

App StatusDateCredit ScoreBureauCredit Limit
Approved11/08/2020
780
Not Provided
$20,000
Approved08/30/2020
763
Experian
$10,000
Approved08/30/2020
810
TransUnion
$10,000
Approved08/30/2021
775
Equifax
$10,000
Approved10/25/2021
728
Experian
$10,000
Approved10/25/2021
731
Equifax
$10,000
Approved10/25/2021
740
TransUnion
$10,000

Both cards have similar approval odds. You'll need excellent credit for either card, and credit limits are also pretty similar.

Primary Sidebar

Advertiser Disclosure

AllCards has partnered with CardRatings for our coverage of credit card products. AllCards and CardRatings may receive a commission from card issuers.

Featured High Yield Bank Accounts

12-month CD via SaveBetter
APY: 5.01%

27-month CD via SaveBetter
APY: 4.85%
12-month No Penalty CD via SaveBetter
APY: 4.60%

Preferred Savings
APY: 5.02%

 

Credit Cards by Category

  • Balance Transfer
  • 0% APR Cards
  • Cash Back
  • Travel
  • Miles
  • Business
  • Gas Rewards
  • Supermarket Credit Cards
  • Secured Credit Cards
  • Student Credit Cards
  • Prepaid Debit Cards

Credit Cards by Credit Score

  • 700 – 749
  • 650 – 700
  • 600 – 650
  • Under 600

Banking

  • Best Online Banks
  • Best Online Savings Accounts
  • Best CD Rates
  • Best Checking Accounts

Credit Cards by Issuer

  • American Express
  • Capital One
  • Chase
  • Citibank
  • U.S. Bank
  • Wells Fargo

Rate Disclosure

We work hard to make sure the information on this site is accurate. There is no guarantee, however, that it is. So please confirm rates, terms, and all other information directly with the bank, credit union, credit card issuer, or other financial institution before opening an account or otherwise making a financial decision.

About Allcards.com

Rob Berger founded allcards.com in 2008 to help consumers make data-driven decisions about credit cards and banking. A retired trial attorney, he’s written about credit cards, banking and personal finance since 2007, and is the author of Retire Before Mom and Dad.

  • Best Credit Cards of 2022
  • 0% Credit Cards
  • Best Cash Back Credit Cards
  • Best Travel Rewards Credit Cards
  • Credit Cards with Signup Bonuses
  • About
  • Contact
  • Privacy Policy
  • Terms of Use
  • RSS Feed

© 2022 A.R. Roberts LLC All Rights Reserved

Advertising Disclosure: allCards.com is an independent, advertising-supported blog offering financial product comparisons. We are compensated when users click links to or apply for sponsored financial products including, but not limited to, credit cards or bank/brokerage accounts. Credit card reviews and listings express the opinions of the author alone, and not those of any credit card issuer. The content has not been reviewed, approved or otherwise endorsed by the credit card advertisers. This compensation may impact how or where links appear on this site. This site does not include all available financial companies or offers.

Banking Content Disclosure: Content is not provided or commissioned by the bank advertiser(s). Opinions expressed here are author's alone, not those of the bank advertiser(s), and have not been reviewed, approved or otherwise endorsed by the bank advertiser(s). This site may be compensated through the bank advertiser(s) Affiliate Program(s).