Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +Effective $95 annual fee after $300 travel credit and 10,000 anniversary miles (~$100 value)
• +10X miles on hotels and rental cars booked through Capital One Travel
• +Access to premium Capital One Lounges in Dallas, Denver, and Washington D.C.
• +Priority Pass Select membership with 1,300+ lounges worldwide
• +Free authorized users (until Feb 2026, then $125/year for lounge access)

• +5% cash back on two categories of your choice (from 12+ options)
• +2% on one everyday category (dining, gas, or grocery)
• +No annual fee
• +Visa Signature benefits
• +$200 welcome bonus

Cons

• −$395 annual fee requires maximizing credits to get value
• −10X earning rate requires booking through Capital One Travel portal
• −Guest lounge access changing to $35/guest at Priority Pass after Feb 2026
• −No airline transfer bonuses unlike some competitors
• −Travel credits only work for Capital One Travel bookings

• −Must select 5% categories each quarter (defaults to 1% if forgotten)
• −$2,000 combined quarterly cap on 5% categories
• −3% foreign transaction fee
• −Base rate only 1% on non-category spend

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +Effective $95 annual fee after $300 travel credit and 10,000 anniversary miles (~$100 value)
• +10X miles on hotels and rental cars booked through Capital One Travel
• +Access to premium Capital One Lounges in Dallas, Denver, and Washington D.C.
• +Priority Pass Select membership with 1,300+ lounges worldwide
• +Free authorized users (until Feb 2026, then $125/year for lounge access)

• +5% cash back on two categories of your choice (from 12+ options)
• +2% on one everyday category (dining, gas, or grocery)
• +No annual fee
• +Visa Signature benefits
• +$200 welcome bonus

Cons

• −$395 annual fee requires maximizing credits to get value
• −10X earning rate requires booking through Capital One Travel portal
• −Guest lounge access changing to $35/guest at Priority Pass after Feb 2026
• −No airline transfer bonuses unlike some competitors
• −Travel credits only work for Capital One Travel bookings

• −Must select 5% categories each quarter (defaults to 1% if forgotten)
• −$2,000 combined quarterly cap on 5% categories
• −3% foreign transaction fee
• −Base rate only 1% on non-category spend

Annual Fee

Welcome Bonus

Base Earn Rate

Top Earn Categories

Network

Key Benefits

Pros

• +Effective $95 annual fee after $300 travel credit and 10,000 anniversary miles (~$100 value)
• +10X miles on hotels and rental cars booked through Capital One Travel
• +Access to premium Capital One Lounges in Dallas, Denver, and Washington D.C.
• +Priority Pass Select membership with 1,300+ lounges worldwide
• +Free authorized users (until Feb 2026, then $125/year for lounge access)

• +5% cash back on two categories of your choice (from 12+ options)
• +2% on one everyday category (dining, gas, or grocery)
• +No annual fee
• +Visa Signature benefits
• +$200 welcome bonus

Cons

• −$395 annual fee requires maximizing credits to get value
• −10X earning rate requires booking through Capital One Travel portal
• −Guest lounge access changing to $35/guest at Priority Pass after Feb 2026
• −No airline transfer bonuses unlike some competitors
• −Travel credits only work for Capital One Travel bookings

• −Must select 5% categories each quarter (defaults to 1% if forgotten)
• −$2,000 combined quarterly cap on 5% categories
• −3% foreign transaction fee
• −Base rate only 1% on non-category spend