The new limited-time offer for the Capital One Venture Rewards Card aims to balance upfront bonuses with long-term earning potential for frequent travelers.

That's on top of the standard 75,000 bonus miles you'll earn after spending $4,000 on purchases within the first three months from account opening. You can use Capital One miles to offset travel purchases at one cent per point, which makes this limited-time deal worth at least $1,000 in travel.