Capital One is again offering an increased welcome offer for a $300 Capital One Travel credit on top of 75,000 miles for some new Venture Rewards applicants…if they apply via a referral and are targeted.
These days, many Capital One referral offers take you to Capital One’s pre-approval tool. Once you go through the process, many people find that they are targeted for a different card or allowed to apply for the Venture card at the lesser 75K offer.
Essentially, although the referral link says $75K + $300, whether or not you’re actually allowed to apply for it is based on Capital One’s computers, so it’s really a targeted offer. Because of that, we’re not using it as the featured offer on our Best Offers Page, but will list it as an alternate.

The Offer & Key Card Details
| Card Offer and Details |
|---|
![]() ⓘ $1205 1st Yr Value Estimate$250 travel credit valued at $220 Click to learn about first year value estimates 75K Miles + $250 Capital One Travel credit 75k miles after $4k spend within first 3 months + $250 to use on Capital One Travel in your first cardholder year$95 Annual Fee Alternate Offer: Alternate offer for 75k miles + $300 travel credit available for some via referral pre-approval Information about this card has been collected independently by Frequent Miler. The issuer did not provide the details, nor is it responsible for their accuracy. Recent better offer: 75k miles after $4k spend within first 3 months + a one-time $250 Capital One Travel credit to use in your first cardholder year FM Mini Review: This card earns 2 miles per dollar, which are worth exactly 1 cent each toward travel. This makes the return on spend similar to a 2% cash back card (though in this case you must redeem your miles to offset travel in order to get 1 cent per mile). One big advantage over cash back: Capital One allows transfering their miles to airline miles & hotel points. Click here for our complete card review Earning rate: 5X miles on hotels, vacations rentals and rental cars booked via Capital One Travel ✦ 5X miles on Capital One Entertainment ✦ 2X miles everywhere Card Info: Mastercard issued by CapOne. This card has no foreign currency conversion fees. Noteworthy perks: Receive up to $120 application fee credit for Global Entry or TSA PreCheck® ✦ Redeem miles for travel at value of 1 cent per mile ✦ Transfer Miles to airline miles & hotel points |
Quick Thoughts
This is a very compelling offer from Capital One…if you’re targeted for it. Earning 75,000 transferable miles is already a good offer, so getting an additional $300 of credit to use on Capital One Travel during your first year of card membership is excellent.
If your plan for the $300 credit is to book a hotel stay, be aware that the hotel chain will regard the booking as an Online Travel Agency (OTA) booking, and so you likely won’t earn points, receive status benefits, etc.



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My brother just got approved for this offer from my referral.
Any links to try it out?
Where can we post our referral links?
Can a venture x referral work?
I got approved for this offer today, I did the pre approval check before applying.
The $300 travel credit can only be used on “hotels and vacation rentals”
Thanks, flights shouldn’t have been in there. Fixed.
Do you need links?