When choosing a credit card, the choices can seem daunting. There is a myriad of options available in the marketplace today. Picking the right credit card can help you make the purchases you want while saving on interest charges and fees that can rack up in a hurry. Plus, you want to make the most of the rewards programs these cards offer. To help narrow down your choice, we’ve compared the Capital One Venture with the Chase Sapphire credit card here (be sure to check out our article on Best Capital One Credit Cards). Find out how they stacked up and which card is best for you.
Capital One Venture Vs. Chase Sapphire
If you are looking for a credit card that offers you travel rewards, then the Capital One Venture card may be just what you are looking for. You will earn two times the miles per dollar on every purchase you make every single day without limitation. The card also gives you 50,000 bonus miles when you spend $3000 within the first three months of opening the account.
Travel gets a little easier with the Capital One Venture credit card as you can book your travel through the Capital One website or app. And, the card offers 10 times the miles on hotel purchases when booked at hotels.com/venture. Also included with the card is $100 credit for your application for Global Entry or TSA PreCheck. No transaction fees are included on your purchase when traveling outside the U.S.
The Capital One Venture card also has no annual fee for the first year and is $95 the following year. APR on the card is variable at 14.49 to 24.49 percent.
The Chase Sapphire credit card is the ideal card for those looking to rack up bonus points quickly. The card offers two times the points on travel and dining. All other purchases are one point per dollar spent. Add another account holder within the first three months of owning the card, and you’ll get another 5000 points. And, spend $4000 in purchases in the first three months, and Chase will throw in another 50,000 bonus points.
By booking your travel directly through Chase Ultimate Rewards, you’ll get 25 percent more value with your points. You can also transfer your points to use with leading airline and hotel loyalty programs, giving you more flexibility when you travel. Chase also promises no blackout dates or travel restriction when using your bonus points for travel. There is also no transaction fee for international purchases with the card, and you’ll get additional add-ons like purchase protection, extended warranty protection, travel and emergency assistance services, trip cancellation or interruption insurance and auto rental collision damage waivers.
There is no annual fee for the first year with the Chase Sapphire card. After the first year, the annual is $95. APR with the card is 17.49 to 24.49 percent depending on creditworthiness.
Choosing between the Capital One Venture card and the Chase Sapphire credit card is challenging. Both cards offer a strong points program and plenty of ways to earn additional points. You’ll have a variety of ways to travel with both cards. The Chase Sapphire card offers more flexibility with its travel programs while the Capital One Venture card provides you more earning power for your miles. Picking the right card comes down to your preference and which features are important to you. No matter what your travel plans are this year, you can’t go wrong with either of these credit cards.