Chase Sapphire Preferred vs. Capital One Venture

Shelling out tons of of {dollars} in annual charges for premium credit cards is just not for everybody, particularly if you’re new to points and miles. Happily, loads of travel credit cards will set you again less than $100 a year in annual charges and nonetheless earn profitable rewards that will help you ebook that epic journey of your desires.

Among the many high playing cards on this class are the Chase Sapphire Preferred® Card (see rates and fees) and the Capital One Venture Rewards Credit Card. Each include manageable annual charges for rookies and consultants and a beneficial credit score of 670 or greater.

Let’s take a look at how these two playing cards stack up in a head-to-head comparability.

Chase Sapphire Most well-liked vs. Capital One Enterprise welcome supply

Each playing cards are presently providing stable welcome bonuses that may present a ton of worth to new cardholders.

The Sapphire Preferred is presently providing 100,000 bonus factors after you spend $5,000 on purchases within the first three months of account opening. This present supply matches the best bonus offered in the card’s history and hasn’t been seen since 2021.

Since these factors are price 1.25 cents apiece when redeemed by the Chase travel portal, the bonus is assured to be price $1,250 in journey. Nevertheless, TPG’s March 2025 valuations peg Chase Final Rewards factors at 2.05 cents every, which means this welcome supply is price a whopping $2,050.

The Enterprise Rewards card provides new cardholders 75,000 bonus miles after they spend $4,000 on the cardboard inside the first three months of account opening plus a $250 Capital One Journey credit score to make use of within the first 12 months.

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The 75,000 bonus miles you will earn after assembly the spending requirement are price $750 in journey in the event you redeem at a fixed value immediately by Capital One, giving your bonus a complete worth of $1,000 with the bonus miles and the credit score. It is also price as much as $1,638 in the event you transfer your miles to Capital One’s airline or hotel transfer partners (and embody the worth from the journey credit score) per TPG’s March 2025 valuation of Capital One miles at 1.85 cents every.

Winner: Sapphire Most well-liked. The present bonus is price greater than $2,000.

Associated: How (and why) you should earn transferable points

The Venture Rewards advantages embody no foreign transaction fees, prolonged guarantee safety and journey advantages akin to secondary rental automobile insurance coverage and journey accident insurance coverage.

You will additionally stand up to $120 Global Entry/TSA PreCheck application fee credit score. This perk is usually seen on playing cards with greater annual charges, and it could make an enormous distinction in dashing up your journey by the airport.

The Sapphire Preferred is a Visa Signature card and provides related advantages however kicked up a notch. Most notably, it consists of primary rental car coverage slightly than secondary, which means you’ll be able to submit claims on to your card’s advantages supplier with out involving your private insurance coverage coverage.

Plus, the Sapphire Most well-liked’s travel benefits are additionally superior — as much as $500 per lined traveler in trip delay reimbursement in the event you’re delayed greater than 12 hours or in a single day, as much as $10,000 in trip cancellation and interruption insurance per individual (as much as $20,000 per journey) and as much as $100 per day for as much as 5 days in baggage delay reimbursement in case your bag is delayed greater than six hours.

On high of that, the cardboard provides an annual $50 statement credit on hotel stays bought by the Chase journey portal and a 10% anniversary points bonus.

Winner: Sapphire Most well-liked. You will get pleasure from barely extra advantages with the Chase providing right here.

Associated: Chase Sapphire Preferred benefits you might not know about

With the Capital One Venture Rewards, you will earn 5 miles per greenback on motels, trip leases and rental vehicles booked by Capital One Travel and a pair of miles per greenback on all different purchases.

With the Sapphire Preferred, you will get:

• 5 factors per greenback on all journey bought by Chase Travel
• 3 factors per greenback on eating (together with eligible supply providers, takeout and eating out)
• 3 factors per greenback on choose streaming providers
• 3 factors per greenback on on-line grocery purchases (excluding Goal, Walmart and wholesale golf equipment)
• 2 factors per greenback on all different journey
• 1 level per greenback on all different purchases

Travel is defined quite broadly with the Sapphire Most well-liked and consists of some on a regular basis bills, akin to tolls, parking and subway tickets. The dining category is also broad, together with normal eating places, bars and occasional retailers, meals supply providers and even most merchandising machines.

Winner: Tie. The Capital One Enterprise comes out forward on on a regular basis spending however falls behind in bonus classes, which is the place the Sapphire Most well-liked shines. It relies on your spending patterns.

Associated: Comparing flat-rate with bonus-category cash-back credit cards

Redeeming rewards on the Capital One Enterprise vs. Chase Sapphire

Each playing cards let you redeem rewards for a lot of purchases. Nevertheless, journey redemptions at all times present the very best worth.

When you favor a easy redemption choice, you’ll be able to redeem Enterprise Rewards Capital One miles at a hard and fast worth of 1 cent every towards journey bookings made by Capital One Journey or use them to offset any latest journey buy.

When you’re not in search of journey rewards, you’ll be able to redeem your miles for present playing cards, money again or on Amazon and PayPal purchases — however know will probably be at subpar redemption charges.

Equally, you’ll be able to redeem Chase Ultimate Rewards points might be redeemed towards journey at a hard and fast worth or transferred. As talked about, in the event you ebook journey reservations by Chase Journey, factors have a hard and fast worth of 1.25 cents every. You can even redeem factors for present playing cards and money again, however you will solely get 1 cent per level in worth.

Winner: Sapphire Most well-liked. You will get a extra favorable 1.25 cents per level when redeeming for journey at a hard and fast price, whereas you can even get a price of 1 cent per level when redeeming for money rewards or assertion credit.

Associated: How to use your Capital One miles for maximum value

You possibly can squeeze extra worth out of your Capital One miles by transferring them to Capital One’s 15-plus airline and hotel transfer partners. Most transfers are at a 1:1 ratio.

For the reason that card earns 2 Capital One miles per greenback on on a regular basis spending, you will earn at the least 2 airline miles or resort factors per greenback spent on each buy, relying on the precise program to which you switch your miles.

Equally, the way in which to get top value from your Chase Ultimate Rewards points is by transferring them to one among Chase’s airline and hotel partners, together with helpful choices like United MileagePlus, Iberia Plus and World of Hyatt.

Winner: Sapphire Most well-liked. Chase Final Rewards will get the sting for providing extra profitable switch choices (specifically United and Hyatt, which aren’t Capital One companions).

Associated: The best ways to use Chase Ultimate Rewards points

Whereas the worth you may get from the playing cards relies upon closely in your spending habits, most cardholders can be higher off with the Sapphire Preferred. Normally, Chase Final Rewards factors are extra helpful than Capital One miles. Plus, the Sapphire Most well-liked earns extra in bonus spending classes and provides higher journey protections.

These two playing cards aren’t mutually unique. In any case, the Capital One Venture Rewards is without doubt one of the best Capital One credit cards, and the Chase Sapphire Preferred is without doubt one of the best Chase credit cards available on the market. They really complement one another properly in the event you personal each.

Nevertheless, the Sapphire Most well-liked usually supplies extra worth. So, in the event you’re actually caught between the 2, we suggest going with that one.

For extra particulars, see our full critiques of the Venture Rewards and Chase Sapphire Preferred.

Be taught extra: Capital One Venture Rewards
Apply right here: Chase Sapphire Preferred

*For Capital One merchandise listed on this web page, a few of the advantages could also be offered by Visa® or Mastercard® and should fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.