Bank of America Premium Rewards Credit Card vs Capital One Venture Rewards Credit Card
Both cards cost $95/yr. The Bank of America Premium Rewards Credit Card leads on travel; the Capital One Venture Rewards Credit Card on hotels.
Card data as of November 13, 2026.
Bank of America Premium Rewards Credit CardBank of America · $95/yr
Capital One Venture Rewards Credit CardCapital One · $95/yr
Overview
- Annual fee
- Bank of America Premium Rewards Credit Card$95Capital One Venture Rewards Credit Card$95
- Welcome offerCurrent public offer
- Bank of America Premium Rewards Credit Card60,000 pointsCapital One Venture Rewards Credit Card75,000 miles
- Rewards
- Bank of America Premium Rewards Credit CardBank of America pointsCapital One Venture Rewards Credit CardCapital One Miles
- Foreign transaction fee
- Bank of America Premium Rewards Credit CardNoneCapital One Venture Rewards Credit CardNone
- Network
- Bank of America Premium Rewards Credit CardVisa SignatureCapital One Venture Rewards Credit CardMastercard World Elite
Earn ratesPer $1 spent
- Dining
- Bank of America Premium Rewards Credit Card2xCapital One Venture Rewards Credit Card2x
- Travel
- Bank of America Premium Rewards Credit Card2xCapital One Venture Rewards Credit Card2x
- Everything else
- Bank of America Premium Rewards Credit Card1.5xCapital One Venture Rewards Credit Card2xHighest
Statement creditsAs the issuer states them · — means none on record
- Travel
- Bank of America Premium Rewards Credit Card
- $100 Global Entry/TSA PreCheck
- $100 airline credit
- $100 Global Entry/TSA PreCheck
Capital One Venture Rewards Credit Card- $300 Stays Credit (1st Year) · $300 one-time
- $120 Global Entry/TSA PreCheck · $120 every 4 years
Perks & access— means none on record
- Lounges
- Bank of America Premium Rewards Credit Card—Capital One Venture Rewards Credit Card
- Capital One Lounge access at $45/visit
- Hotel status & programs
- Bank of America Premium Rewards Credit Card
- Visa Signature Luxury Hotel Collection access
Capital One Venture Rewards Credit Card- $50 Lifestyle Collection
- Car rental
- Bank of America Premium Rewards Credit Card—Capital One Venture Rewards Credit Card
- Free Hertz Five Star Elite Status with Premium Benefits
- Other perks
- Bank of America Premium Rewards Credit Card
- Visa Signature Concierge Service available 24/7
- No Foreign Transaction Fees on purchases
Capital One Venture Rewards Credit Card- Get 50% Off All Handcrafted Beverages at Capital One Cafes
- Exclusive Capital One Dining Access to Popular Restaurants
- Exclusive Capital One Entertainment Access with VIP Packages
- Zero Foreign Transaction Fees on All International Purchases
- Around the Clock 24 Hour Travel Help
Protections & insuranceLimits where published · — means none on record
- Trip insurance
- Bank of America Premium Rewards Credit Card
- $2,500 trip cancellation and interruption insurance
- $500 trip delay reimbursement coverage available
- Travel protections
- Evacuation and Transportation Cover when traveling
Capital One Venture Rewards Credit Card- Travel Accident Cover at No Extra Charge
- Baggage
- Bank of America Premium Rewards Credit Card
- $3,000 lost luggage reimbursement coverage available
- $500 baggage delay protection coverage available
Capital One Venture Rewards Credit Card— - Rental car
- Bank of America Premium Rewards Credit Card
- Automotive protections
- Auto Rental Collision Damage Waiver coverage
Capital One Venture Rewards Credit Card- Secondary Auto Rental Collision Damage Waiver for Rental
- Purchase & returns
- Bank of America Premium Rewards Credit Card
- $10,000 purchase protection for eligible items
Capital One Venture Rewards Credit Card- Automatic Price Drop Cover and Price Match Guarantee
- Purchase Security up to $10,000 per claim
- Extended warranty
- Bank of America Premium Rewards Credit Card
- $10,000 extended warranty protection on eligible purchases
Capital One Venture Rewards Credit Card- Extended Warranty Protection up to $10,000 per claim
- Other protections
- Bank of America Premium Rewards Credit Card
- Roadside Dispatch Program available 24/7 nationwide
- FICO® Score
Capital One Venture Rewards Credit Card- Credit monitoring
- Card Replacement and Cash Advance When Traveling Abroad
- Zero Dollar Fraud Liability Cover on All Unauthorized
Pros & cons
- Pros
- Bank of America Premium Rewards Credit Card
- Up to 75% rewards boost at the Premier tier (3.5X travel/dining, 2.625X base)
- No foreign transaction fees
- Strong 60,000 point welcome bonus after $4,000 spend
- $100 annual airline incidental credit
- TSA PreCheck or Global Entry application fee credit every 4 years
Capital One Venture Rewards Credit Card- Unlimited 2X miles on every purchase with no category tracking required
- 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Travel
- One-time $300 stays credit for hotels and vacation rentals in the first year
- 75,000 mile welcome bonus after $4,000 spend in 3 months
- TSA PreCheck or Global Entry credit ($120 value every 4 years)
- Cons
- Bank of America Premium Rewards Credit Card
- Base 2X/1.5X rates are mediocre without a higher BofA Rewards tier
- $95 annual fee with no first-year waiver
- Requires maintaining significant assets at Bank of America/Merrill for best rates
- No transfer partners - points only redeemable for cash back or travel booking
- The top 75% BofA Rewards bonus requires $1M+ in combined balances (50% at $100K+)
Capital One Venture Rewards Credit Card- $95 annual fee (only partly offset by the one-time first-year stays credit)
- No lounge access or premium travel perks like Venture X
- 5X earning requires booking through Capital One Travel portal
- 2X flat rate beaten by category-specific cards in dining, groceries, etc.
Category-by-Category Winner
The Capital One Venture Rewards Credit Card wins in 4 of 4 categories. The Bank of America Premium Rewards Credit Card leads in 0.
Hotels
Capital One Venture Rewards Credit Card earns 5X vs 1.5X
5X via issuer travel portal
Car Rentals
Capital One Venture Rewards Credit Card earns 5X vs 1.5X
5X via issuer travel portal
Vacation Rentals
Capital One Venture Rewards Credit Card earns 5X vs 1.5X
5X via issuer travel portal
Everyday purchases
Capital One Venture Rewards Credit Card earns 2X on all other spending vs 1.5X
Year One vs Ongoing Value
Modeled net value (bonus categories at unconditional rates, caps applied). Spend mix: dining 15%, groceries 15%, gas 10%, travel 10%, everything else 50%. Statement credits use the same recurring usable estimates as each card's detail page; first-year-only credits count in year one only. Welcome offers valued at each card's program rate shown on this page.
Modeled value is close across spend levels — especially once statement credits are counted.
| Scenario | Bank of America Premium Rewards Credit Card | Capital One Venture Rewards Credit Card | Ongoing winner | Year-one winner |
|---|---|---|---|---|
| Light spender: $1,000/month | Rewards: $195 Credits (our usable estimate): $180 − Annual fee ($95) Ongoing: $280 Year one: $880 | Rewards: $312 Credits (our usable estimate): $30 − Annual fee ($95) Ongoing: $247 Year one: $1,402 | Close — depends on how much of the credits you use | Capital One Venture Rewards Credit Card |
| Heavy spender: $4,000/month | Rewards: $780 Credits (our usable estimate): $180 − Annual fee ($95) Ongoing: $865 Year one: $1,465 | Rewards: $1,248 Credits (our usable estimate): $30 − Annual fee ($95) Ongoing: $1,183 Year one: $2,338 | Capital One Venture Rewards Credit Card | Capital One Venture Rewards Credit Card |
Which Card Is Right for You?
Get the Bank of America Premium Rewards Credit Card if you:
- +Spend $300+/month on restaurants and dining out
Get the Capital One Venture Rewards Credit Card if you:
- +Prefer a high flat rate across all spending
The Bottom Line
Modeled value is close across spend levels — especially once statement credits are counted.
Everyday (non-bonus) spend earns 2X on the Capital One Venture Rewards Credit Card vs 1.5X on the other card.
Frequently Asked Questions
- Which card earns more rewards, the Bank of America Premium Rewards Credit Card or Capital One Venture Rewards Credit Card?
- The Capital One Venture Rewards Credit Card has a higher base earn rate (2X vs 1.5X), but both cards have different bonus categories where they excel.
- What benefits does the Bank of America Premium Rewards Credit Card have that the Capital One Venture Rewards Credit Card doesn't?
- The Bank of America Premium Rewards Credit Card offers travel credits. The Capital One Venture Rewards Credit Card offers travel credits.
- Should I get the Bank of America Premium Rewards Credit Card or the Capital One Venture Rewards Credit Card?
- Both cards have the same $95/yr fee. Choose based on which bonus categories match your spending — check the earn rate comparison above.
Editorial disclosure: CardRewards.ai is an independent comparison service. Card data comes from issuers' published terms; catalog last published November 13, 2026, and each card page shows when its terms were last checked. Card issuers do not influence our rankings or content.