Chase Sapphire Preferred vs. Capital One Venture: Which offers more value?

Core Insights - The Chase Sapphire Preferred® Card and Capital One Venture Rewards Credit Card are highlighted as top travel rewards cards, each offering significant welcome bonuses and valuable benefits for travelers [1][2] Annual Fee - Both cards have an annual fee of $95, and the benefits provided by each card help offset this cost, making neither card superior based solely on the annual fee [3] Welcome Bonus - Chase Sapphire Preferred offers 75,000 bonus points after spending $5,000 in the first 3 months, while Capital One Venture offers 75,000 miles after spending $4,000 in the same timeframe, valued at $750 for travel [5][24] Rewards Structure - Chase Sapphire Preferred provides higher rates in bonus categories, including 5x points on travel booked through Chase Travel and 3x points on dining, while Capital One Venture offers a straightforward 2x miles on all eligible purchases [6][7] Redemption Options - Chase Sapphire Preferred has more redemption options, including travel and transfer options to airline and hotel partners, while Capital One Venture has a broader range of transfer partners [10][11] Additional Benefits - Chase Sapphire Preferred includes benefits such as up to $50 in annual statement credits for hotel stays booked through Chase Travel and a 25% points bonus for bookings made through the Chase Travel portal [14][17] - Capital One Venture offers up to $120 in statement credits for Global Entry or TSA Precheck application fees and various travel benefits [17][26] Recommendations - The Chase Sapphire Preferred is recommended for those who prefer its transfer partners and redemption options, while the Capital One Venture is suggested for those seeking a straightforward rewards rate applicable to all purchases [18][22]