Venture vs Chase Sapphire Preferred - Calculator & Benefits

Rewards Comparison Calculator
Review the benefits, calculate rewards based on spend, and compare the cash value of the Capital One Venture vs the Chase Sapphire Preferred side by side.
Last Updated 2022-07-22 By R.Flowers III

The Capital One Venture Rewards Credit Card and the Chase Sapphire Preferred® Card are two of the best travel credit cards in the market.

When it comes to deciding which card it best, it will depend on the type of spend you plan on running through these cards and how much you value the rewards earned with them. Once you figure this out, you'll be able to easily calculate which card is the best travel rewards card for you.

Comparing Rewards

The Venture Card earns Venture Miles which is a flexible rewards currency that is best used towards travel.

The Chase Sapphire Preferred earns Ultimate Rewards Points which is also a flexible rewards currency that is best used towards travel.

The value of rewards earned with either card will vary depending on how you plan on using them. The table below features the average value you can obtain from Venture Miles and Ultimate Rewards Points earned using the Venture Card and Chase Sapphire Preferred.

Venture Miles vs Chase Points Value
Venture Card
  • 1.2 to 2+ Cents - Point Transfers To Partners
  • 1 Cent - Travel via Capital One Travel
  • 1 Cent - Statement Credits Towards Travel Purchases
  • 0.5 Cents - Cash Back
Chase Sapphire Preferred
  • 1.2 to 2+ Cents - Point Transfers To Partners
  • 1.25 Cents - Travel via Chase Ultimate Rewards
  • 1 to 1.25 Cents - Statement Credits, Cash Back, Pay Yourself Back
  • 1 Cent - Gift Cards
  • 0.8 Cents - Amazon.com

Point Transfers To Partners

The best value you can obtain with both Venture Miles and Ultimate Rewards Points will typically come from transferring points to travel partners.

Venture Miles can be transferred to 17 travel partners and Ultimate Rewards Points can be transferred to 13 travel partners.

The table below lists the side by side comparison of Capital One travel partners vs Chase travel partners and the transfer ratio of each.

Airline Miles

Transferring Venture Miles and Ultimate Rewards Points to airline miles with frequent flyer programs is the easiest way to obtain high value.

Airline miles are worth 1.2 to 1.5 cents on average and you can easily get more value with a little bit of research to find the sweet spots with any given program (typically upper class airfare).

Both Capital One and Chase have a great line-up of airline partners that can offer excellent value, so neither is better than the other for this particular redemption option. It really comes down to which airlines or alliance preferences you have, if any.

Hotel Rewards Points

Venture Miles and Ultimate Rewards Points can both be transferred to a small handful of hotel loyalty programs.

For Capital One, you can transfer points to Accor Live Limitless, Choice Privileges and Wyndham Rewards. Getting more than 1 cent in value out of these options is possible, but it will require some research and digging on your end.

For Chase, you can transfer points to Marriott Bonvoy, IHG Rewards, and World of Hyatt.

Hyatt Points are worth 1.8 cents each on average with it being very easy to get over 2 cents per point at most properties. This makes transferring Ultimate Rewards Points to the World of Hyatt the easiest way to get exceptional redemption value out of your points.

Marriott is also a solid option as there are many properties in which can net you over 1 cent per point, but it will take slight bit of research otherwise you'll end up around the average value of 0.7 cents per point.

Travel Redemptions

Venture Miles can be redeemed for 1 cent each towards travel purchases made through Capital One Travel or travel purchase made to a Venture Rewards card. This opens up great flexibility when it comes to using your rewards and allows you to book travel in several different ways:

  • Redeem miles to book travel through Capital One directly
  • Pay for your Capital One Travel with your Venture Card and then use your miles to cover the travel charge
  • Book your travel direct and then use your miles to cover the travel charge
  • Use your miles towards small travel purchases such as tolls, parking fees, and more and use your miles to cover the charges

Ultimate Rewards Points earned with the Chase Sapphire Preferred can be redeemed for 1.25 cents per point for travel purchases made through Chase Ultimate Rewards. You will not get this value when booking any other kind of travel with your card.

If you wanted to use your Ultimate Rewards Points towards other travel charges, you would need to redeem your points as a statement credit or as cash back and then use that to pay off the charge. You'll still get the same value as Venture Miles, but Capital One just makes the process easier, which is what they're known for.

Cash Back & Statement Credits

If you're big on cash-like redemptions such as cash back, statement credits (non-travel), and gift cards, you'll want to go with earning Ultimate Rewards Points as you will get better value out of your rewards.

Ultimate Rewards Points can be redeemed for 1 cent per point towards cash back, statement credits, and gift cards whereas you'll only get 1 cent per point when using Venture Miles towards travel and lower than that for most other redemptions.

Comparing Earning Rates

The Venture Card earns Venture Miles at a flat rate across all purchases while the Chase Sapphire Preferred features bonus categories that earns extra Ultimate Rewards Points per $1 spent.

Venture vs Chase Sapphire Preferred Earning Rates
Venture Card
  • 2 Venture Miles per $1 spent on all purchases
Chase Sapphire Preferred
  • 5 Ultimate Rewards Points per $1 spent on the Chase Travel Portal
  • 3 Ultimate Rewards Points per $1 spent on dining, online grocery, and streaming services
  • 2 Ultimate Rewards Points per $1 spent on travel
  • 1 Ultimate Rewards Point per $1 spent on everything else

If you're transferring rewards to partners, the best card will be the one that earns you the most points assuming that you don't have an airline or airline alliance preference. Both rewards programs feature solid transfer partners that can easily net you high value.

If you're redeeming points for travel directly, the 2X earnings of the Venture Card will be equal to 2% back towards travel due to points being worth 1 cent each for travel redemptions.

For Chase, your points will be worth 1.25 cents each towards travel booked through Chase Ultimate Rewards meaning you'll earn anywhere from 1.25% to 6.25% back depending on the category of your spending. If you prefer to book direct, it will be 1% to 5% as your points will be worth 1 cent each towards statement credits or cash back that can be put towards those travel purchases.

All-in-all, anyone that spends a decent amount in the bonus categories featured on the Chase Sapphire Preferred will typically come out ahead. You can also better the earnings by pairing the card with Chase cash back credit cards to build the perfect Chase trifecta of credit cards.

The Venture Card will only be the better option if you're spending heavy outside of the categories featured on the Chase Sapphire Preferred. This is because 2 Venture Miles will beat out 1 Ultimate Rewards Point in most instances (point transfers not included).

Comparing Benefits

The Venture Card offers up to $100 towards a Global Entry or TSA PreCheck application fee, Visa Signature benefits, and standard Capital One perks.

The Chase Sapphire Preferred offers an annual $50 hotel credit, a 10% cardmember anniversary bonus and a 25% boost to point value when redeemed for travel via Chase Ultimate Rewards. All of this plays a big part in increasing the overall value of the card annually.

Venture vs Chase Sapphire Preferred Benefits
Venture Card
  • Global Entry/TSA PreCheck Credit: Receive up to $100 towards a Global Entry or TSA PreCheck application fee
  • Capital One Benefits: Virtual card numbers, card lock, Paribus from Capital One, and CreditWise from Capital One
  • Visa Signature Benefits: Includes access to Visa Signature Luxury Hotel Collection, Visa Signature Concierge, Fine Wine & Food, shopping discounts
  • Travel Insurance: Lost Luggage Reimbursement, Auto Rental Collision Damage Waiver, Roadside Dispatch, Travel Accident Insurance, and more
Chase Sapphire Preferred
  • 25% Point Value Boost: You'll receive a 25% point boost when you redeem points on the Chase Ultimate Rewards Portal
  • Annual $50 Hotel Credit: You'll receive a $50 credit every cardmember anniversary that can be used towards hotel stays booked through the Chase Ultimate Rewards Travel portal
  • 10% Cardmember Anniversary Bonus: Every cardmember anniversary you'll receive 10% bonus points based on how much you spent on the card the prior cardmember year
  • Fantastic Travel Insurance: Trip Cancellation, Trip Interruption, Baggage Delay, Trip Delay Reimbursement, and more

Rewards Calculator

Calculate how many Venture Miles you can earn with the Venture Card and how many Ultimate Rewards Points you can earn with the Chase Sapphire Preferred. Compare the cash value of both cards side by side and find out which card earns you the most rewards.

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