Chase Sapphire Preferred vs Capital One Venture
Both are $95 annual-fee travel cards with 75,000-point welcome bonuses on similar spend requirements. The differences come down to redemption strategy, application velocity, and which transfer-partner ecosystem fits your travel patterns.
Last updated:Side-by-side comparison
| Chase Sapphire Preferred | Capital One Venture | |
|---|---|---|
| Issuer | Chase | Capital One |
| Welcome bonus | 75,000 pts (~$1,000) | 75,000 miles (~$850) |
| Minimum spend | $5,000 / 3 mo | $4,000 / 3 mo |
| Annual fee (Yr 1) | $95 | $95 |
| Annual fee (Yr 2+) | $95 | $95 |
| Effective return | 18.1% | 18.9% |
| Application restriction | Chase 5/24 — denied if you've opened 5+ personal credit cards in past 24 months | No formal velocity restriction, but Capital One typically pulls all 3 bureaus on application |
| Last verified | 2026-05-23 | 2026-05-23 |
Who wins for...
Winner: Chase Sapphire Preferred
Chase's transfer-partner ecosystem (Hyatt for hotels, United and Singapore for flights) is deeper and has more sweet-spot redemptions than Capital One's. A skilled redeemer can turn 75,000 Chase points into $1,500-$2,500 of travel value vs roughly $850-$1,100 from Capital One miles.
Winner: Capital One Venture
If you're going to redeem for travel through the issuer's portal at 1¢/point (not transfer partners), both deliver similar value. Venture has a slightly lower spend requirement ($4,000 vs $5,000) and a more straightforward 2x miles on all purchases vs Chase's tiered category structure.
Winner: Chase Sapphire Preferred
Apply for Sapphire Preferred BEFORE any non-Chase card. Once you hit 5/24, Chase auto-denies all card applications for 24 months. Capital One has no equivalent rule.
Winner: Neither, with a caveat
Capital One pulls all three credit bureaus per application (triple credit-report impact). Chase pulls one bureau. If you're applying for multiple cards in a quarter, the triple-pull from Capital One is the bigger hit on your credit reports.
The bottom line
Chase Sapphire Preferred full details → Capital One Venture full details →
Frequently asked
Should I get Chase Sapphire Preferred or Capital One Venture?
Pick Chase Sapphire Preferred if you're willing to learn the Hyatt and Singapore transfer-partner game — the bonus is worth roughly 2x what Capital One Venture is worth at sophisticated redemption. Pick Capital One Venture if you want easier redemption math at 1¢/point and a slightly lower minimum spend.
Can I get both Chase Sapphire Preferred and Capital One Venture?
Generally yes — there's no rule against holding multiple credit cards from different issuers, and even multiple cards from the same issuer is usually allowed. The constraint is application velocity (Chase 5/24, Amex velocity rules) and the time spent meeting each card's minimum spend without manufactured spending. Plan to space applications at least 90 days apart.
Which has the better welcome bonus?
Depends on redemption strategy. Conservative cash-equivalent values are similar across mid-tier travel cards. The difference shows up in transfer-partner redemption — see the comparison table above for the conservative numbers and the "who wins" sections above for situational analysis.