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Sapphire Preferred vs Capital One Venture Rewards

Side-by-side on what matters: welcome bonus, real value, spend requirement, annual fee, and eligibility. Then check which one you can actually get.

Sapphire Preferred
Chase
Capital One Venture Rewards
Capital One
Sign-up bonus100,000 points100,000 miles
Estimated value$905$1,205
Minimum spend$5,000 / 3 months$4,000 / 3 months
Annual fee$95$95
Credit neededexcellentgood
Foreign transaction feeNoneNone

Bottom line

On raw welcome-bonus value, Capital One Venture Rewards is currently ahead (~$1,205 vs $905). But the “better” card depends on the annual fee you'll pay, the spend you can hit, and — most importantly — which one you can be approved for.

The biggest mistake is applying for a card you can't get. Run both through the eligibility checker (it applies Chase 5/24, Amex once-per-lifetime, and more), and if Chase is involved, confirm your 5/24 status first.

View Sapphire Preferred at ChaseView Capital One Venture Rewards at Capital One

Values are conservative estimates net of the first-year annual fee and change frequently. See our methodology. Verify terms on the issuer's site.