Capital One Adds Free Global Entry/TSA PreCheck to the Venture Card

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Starting on June 12th, the Capital One Venture Rewards credit card will begin to offer free Global Entry or TSA PreCheck as a benefit of holding the Capital One Venture Rewards credit card. This means you can charge either the $100 application fee for Global Entry or the $85 fee for TSA PreCheck to your card and be completely reimbursed for the application fee. This will work for both new and existing cardholders.

Thrifty Tip #1: Get more information about this card and other travel rewards cards here.

Thrifty Tip #2: Need help deciding which program is right for you? See our full guide to Global Entry & TSA PreCheck here.

 

The Capital One Venture Rewards Credit Card

Over the past year, we have seen Capital One make some solid improvements to the Venture Rewards card. Most notably, you can now earn 10X Venture miles per dollar spent on hotel reservations booked at hotels.com.

The Capital One Venture card has long been one of our favorite travel rewards credit cards that offers a simple way to redeem the points for free travel. There is no need to transfer points or search for award availability. The card simply earns 2 miles per dollar spent on all purchases, and these miles can be redeemed as a statement credit against travel purchases. When you redeem the points, they will be worth a fixed value of 1 cent each. This means you are effectively getting 2% back on all purchases you make on the card.

Because of the way Capital One Venture miles work, they are some of our favorite points to use for travel expenses that can’t be covered with typical points and miles programs. See our post on our 5 favorite ways to maximize your Capital One Venture miles. Further, see the card’s full list of benefits below:

 

  • Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel
  • Earn unlimited 2X miles per dollar on every purchase, every day
  • Free Global Entry or TSA PreCheck (benefit begins June 12th, 2018)
  • Fly any airline, stay at any hotel, anytime
  • Travel when you want with no blackout dates
  • Miles won’t expire for the life of the account and there’s no limit to how many you can earn
  • No foreign transaction fees
  • $0 intro annual fee for the first year; $95 after that
  • Get more information about this card and other travel rewards cards here.

 

Our Analysis

This is a solid addition to the Capital One Venture Rewards credit card. The card does have an annual fee of $95, but it is waived for the first year of card membership. This means you can effectively get free Global Entry or TSA PreCheck (which is good for five years) while trying the card out for the first year at no cost. Since Global Entry includes TSA PreCheck it makes sense to apply for Global Entry in most situations.

Most of the other credit cards in the marketplace offering a rebate for Global Entry or TSA PreCheck do not waive the annual fee for the first year which gives a strong upper hand to Capital One. Further, the 50,000-mile sign-up bonus is a great way to save $500 on flight deals booked right here at Thrifty Traveler or at Thrifty Traveler Premium.

 

Bottom Line

Capital One has just made a strong play to compete with other credit cards charging a similar annual fee. Most notably the Chase Sapphire Preferred card which doesn’t include a free Global Entry or TSA PreCheck benefit. This sign-up bonus alone on the Capital One Venture card is worth $500 towards travel, adding this new benefit can give you up to $600 in value before ever having to pay an annual fee. Get more information about this card and other travel rewards cards here.

 

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H/T: God Save the Points

Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by any card issuer.

8 Responses

  1. Joe Richards says:

    Do you know if this is for current cardholders as well, or just new ones signing up after June 12? I literally just signed up last night (through thriftytraveler.com) and could use the TSA precheck benefit.

  2. Enrique Alvarez says:

    I just called them today (June 12th) and they didn’t know what I was talking about …
    :S

    • Nick Serati says:

      Phone agents notoriously don’t have the most up to date information when new card benefits are rolled out. The news yesterday was from Capital One directly. Give it time as they didn’t say at what time today this would become available.

    • Nick Serati says:

      Just a quick update, the PreCheck or Global entry benefit is now listed on applications for the Venture card. Hopefully if you call them now, they will know what you are talking about.

  3. Enrique Alvarez says:

    Called yesterday again (literally like 3 hours later) and they knew everything then,
    how frustrating, oh well!

  4. Michael Rose says:

    I’m a cardholder, got the promo e-mail and the biggest thing is that you get this as a recurring benefit, once every four years! Mean’s you don’t have to pay when you re-up for Global entry in the future. I don’t think many other cards match that, do they?

    • Nick Serati says:

      Every card I am aware of that offers a TSA PreCheck/Global Entry benefit offers this as a reoccurring benefit every 4 years. This is par for the course when it comes to this benefit.

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