This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For an explanation of our Advertising Disclosure, visit this page. Johnny Jet has partnered with CardRatings for our coverage of credit card products. Johnny Jet and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.

Deciding if Chase or Capital One is better is a running debate as both big banks offer several rewards credit cards and banking products. These services can help you easily maximize your spending power and access funds when you need to pay for expenses. Our Capital One and Chase Bank comparison helps you pick the best bank for your needs.

Westin Carlsbad outdoor seating. Credit: Johnny Jet

Which Bank is Better, Chase or Capital One?

You can apply for cash back, travel, and credit-building cards from both institutions. In many cases, Chase is the better option as they have more co-brand relationships. However, Capital One has other options that come with their own valuable perks.

Which is Better Chase or Capital One Credit Cards?

If you’re purely looking at which points/miles are consistently more valuable, Chase Ultimate Rewards® Points tend to be more versatile than Capital One Miles.

Chase Ultimate Rewards are more valuable as you can redeem them for upcoming travel through the credit card travel portal. Further, cards with an annual fee have 1:1 point transfers or a 25% or 50% travel redemption bonus.

Capital One Miles is worth 1 cent for travel statement credits or when you book upcoming trips through Capital One Travel.

Chase vs Capital One Transfer Partners

The Capital One airline transfer partners are strictly international airlines which makes it harder to book an award flight. Choice Hotels and Wyndham Rewards are your only direct transfer options for domestic travel.

Hands down, Chase Ultimate Rewards has a more versatile set of airline transfer partners. Domestic transfer partners include Southwest Airlines, United Airlines, and JetBlue. IHG One Rewards, Marriott Bonvoy, and World of Hyatt are hotel transfer partners.

Related: 48 Best Ways to Use Chase Ultimate Rewards Points

Compare Chase Credit Cards Travel, Cashback, & More

Comparing Chase’s credit cards starts with their travel credit card family. Many enjoy the Chase Sapphire Cards for their travel redemption bonus, 1:1 point transfers, and travel perks like complimentary insurance and annual travel credits.

The bank also has many co-brand products. The most notable relationships include:

One downside is that most Chase-issued cards are subject to the 5/24 rule, and you may go with Capital One if you’re impacted by this policy.

Capital One vs Chase Credit Cards

Capital One vs Chase credit cards in the travel start with the Venture vs Sapphire. The Capital One Venture family can be the better option if you want flat-rate travel rewards or are negatively impacted by Chase’s 5/24 restrictions.

This bank’s flagship product is the Capital One Venture X Rewards Credit Card which is a competitive premium credit card that has a $395 annual fee, airport lounge benefits, yearly $300 Capital One Travel credit, and a 10,000-miles anniversary bonus.

If you don’t want to pay an annual fee but want flexible travel rewards, the Capital One VentureOne Rewards Credit Card takes the cake. You earn 1.25x miles on purchases, have 1:1 point transfers, and pay no foreign transaction fee.

Each bank has its own application rules, and Capital One only allows two personal credit cards from the Capital One card families at a time. Co-brand cards are exempt. So, you might have one Venture card and another with the Quicksilver or Savor family instead.

Cash Back Credit Cards

Chase vs Capital One concerning cash back cards is a pretty even matchup. Which bank offers better cash rewards mostly depends on your spending preferences. For example, this article’s author has a cashback card in the Capital One Quicksilver and Chase Freedom families and uses them interchangeably.

With either bank, these cards don’t let you transfer rewards to airline or hotel partners, but they are worth 1 cent when redeemed for cash back or to reimburse purchases.

Chase Freedom Family

First, consider one of the Chase Freedom products when you want to earn Ultimate Rewards points if you also have a Sapphire product. The Chase Freedom Flex℠ earns up to 5% back on quarterly bonus categories. Additionally, the Chase Freedom Unlimited® earns at least 1.5% back.

Here are two situations when going with a cash rewards card from Capital One is better.

Capital One Quicksilver Rewards

The Capital One Quicksilver Cash Rewards Credit Card earns 1.5% back on purchases and has no foreign transaction fee. In contrast, the Chase Freedom products have a 3% foreign transaction fee and are not a good fit for international purchases and travel.

Capital One Savor Rewards

Some of the best cards for food and entertainment spending hail from the Savor card family. The Capital One Savor Cash Rewards Credit Card earns up to 4% back on dining and entertainment, along with 3% back at grocery stores. It has a $95 annual fee.

Foodies can also consider the Capital One SavorOne Rewards Credit Card, which has no annual fee or foreign transaction fee. It earns up to 3% back on dining and entertainment-related purchases.

Capital One vs Chase Business Credit Cards

There are multiple Chase business credit cards to consider with its flagship Ink Business family (that earns Ultimate Rewards points) and a handful of co-brand travel credit cards. However, you must be under the Chase 5/24 guidelines to avoid a denied application.

The Capital One Spark Business Credit Cards earn a flat rate of miles or cash back. Your earning preference depends on which product you choose. While you have reduced redemption flexibility, you don’t have to worry about tiered rewards categories as you either earn 2x rewards miles with an annual fee or 1.5x miles with a $0 annual fee card.

Chase vs Capital One Bank Account

Chase Bank tends to be better for brick-and-mortar banking as it has several checking and banking accounts for students and working households.

You can also be eligible for a Chase checking account signup bonus and get up to $600 bonus cash or even a $900 bonus.

Capital One is better when you’re searching for an online-only checking or savings account. You can effortlessly avoid monthly fees as there are not any with its 360 banking products and up to a $350 bonus offer. Additionally, it’s possible to earn a high-yield interest rate.

When Chase Bank is Better

Chase credit cards compare highly against any bank, and they have a more diverse portfolio of travel rewards credit cards and banking products. Consider this service if you want the Chase Sapphire Preferred® Card or one of the many co-brand travel credit cards.

When Capital One is Better

Capital One is vs Chase is usually the better option for cash rewards credit cards as there are more ways to earn more on non-bonus purchases and other core monthly expenses whether you stay home or travel.

The Venture credit cards can also be better than the Sapphire family if you prefer the flat-rate rewards program. This earning model may earn more if your spending doesn’t neatly align with the Sapphire Preferred or Sapphire Reserve rewards categories.

Summary of Chase vs Capital One

Chase and Capital One each have their advantages, with Chase tending to be the preferable option in many situations as they offer more options. However, Capital One is competitive in many regards as they have different application requirements, their rewards program is straightforward, and you can be less likely to pay service fees or foreign transaction fees.

San Diego Zoo Safari Park (Sept. 15, 2023). Credit: Johnny Jet

Chase and Capital One Credit Card Offers

This year has been a challenge, and many businesses have taken notice to try to help. That includes credit card issuers like Chase and Capital One. As mentioned above, we are seeing a number of exciting new offers (you can check out our roundup of the best credit card offers for more information) that make it easier for cardholders to get more out of their cards during this difficult time.

In this review of Chase and Capital One credit card offers, we break down the different ways you can earn more rewards. Using your cards can help you maximize your purchase rewards. Let’s take a look at how you can earn more for your spending.

Best Chase Current Credit Card Offers

To begin this Chase and Capital One credit card offers review, let’s start with Chase. Chase is offering several enhanced offers for its travel and cashback cards. They’ve also introduced two new cards in recent weeks.

Chase Sapphire Preferred Card

The Chase Sapphire Preferred® Card is one of the best travel credit cards.

New Chase Sapphire Preferred® Card cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s worth $750 when redeemed through Chase Travel℠.

Also, enjoy Chase Sapphire benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x points on travel purchased through Chase Ultimate Rewards®, 3x points on dining, and 2x points on all other travel purchases, plus more.

The annual fee is $95. You can qualify for this bonus if you haven’t received a Chase Sapphire bonus in the last 48 months and currently do not have another Chase Sapphire product. If you want a no-annual-fee Chase card, then you can compare the Sapphire with the Slate here.

Chase Freedom Flex

The information for the Chase Freedom Flex℠ has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The Chase Freedom Flex℠ replaces the Chase Freedom®.

New Chase Freedom Flex℠ cardholders can earn a $200 bonus after they spend $500 on purchases in the first 3 months from account opening.

Your points can also be redeemed for award travel and gift cards for up to $200 value. Chase Sapphire cardholders can pool their Freedom Flex earnings to take advantage of the travel redemption bonus and point transfers.

Cardholders earn:

  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate (then 1% back)
  • 5% cash back on travel purchased through Chase Ultimate Rewards®
  • 3% cash back on dining at restaurants, including takeout and eligible delivery services
  • 3% cash back on drugstore purchases
  • 1% on all other purchases

There is no annual fee for this card. If you want to know more, you can check out our reasons why you should get the Chase Freedom Flex.

Ink Business Preferred Credit Card

The Chase Ink Business Preferred® Credit Card has one of the highest business credit card bonuses.

New Ink Business Preferred® Credit Card cardholders can earn 100k bonus points after spending $8,000 on purchases in the first 3 months from account opening. That’s $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠.

The first $150,000 in combined annual travel, shipping purchases, online advertising, and internet, phone, and cable services earn 3 points per $1. This is one of several of the best Chase business credit cards that has plenty to offer.

The annual fee is $95.

Southwest Rapid Rewards Performance Business Credit Card

The Southwest® Rapid Rewards® Performance Business Credit Card offers the ability to earn 80,000 bonus Rapid Rewards points. New Southwest® Rapid Rewards® Performance Business Credit Card card members can earn 80,000 points after spending $5,000 on purchases in the first 3 months from account opening.

Some of the card benefits include:

  • Four Upgraded Bookings per year (when available)
  • Up to 365 inflight wifi credits per year
  • 9,000 bonus points each card anniversary
  • Global Entry or TSA PreCheck application fee credit

The annual fee is $199.

Southwest offers two free checked bags and open seating, regardless of whether you are a cardholder. You can read more about the best Southwest credit cards and what this fan-favorite airline has to offer.

IHG One Rewards Premier Credit Card

For frequent IHG travelers, the IHG One Rewards Premier Credit Card is a nice option. Cardholders can earn up to 26 points total per $1 spent when they stay at an IHG hotel. Also, earn 5x points per $1 spent on purchases on travel, gas stations, and restaurants. Earn 3x points per $1 spent on all other purchases. 

As an IHG One Rewards Premier Credit Card cardholder, you’ll also get to enjoy a Reward Night after each account anniversary year at eligible IHG hotels worldwide. Additionally, you can enjoy a reward night when you redeem points for any stay of 3 or more nights. 

New IHG One Rewards Premier Credit Card cardholders can earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening.

The annual fee is $99.

United Business Card

New United℠ Business Card cardholders can earn 75,000 bonus miles after spending $5,000 on purchases in the first 3 months of account opening. Plus, enjoy a $0 introductory annual fee for the first year, then $99.

Additionally, get a $100 United® travel credit after 7 United® flight purchases of $100 or more each anniversary year.

United Business Card cardholders earn 2x miles per $1 spent on United® purchases, dining (including eligible delivery services), gas stations, office supply stores, and local transit and commuting. Earn 1x mile per $1 spent on all other purchases.

Plus, you can receive a 5,000-mile “better together” bonus each anniversary when you have both a United Business Card and a personal United® credit card.

Award flights start at 12,500 miles, so earning this bonus can get you several roundtrip flights!

With perks like a free first checked bag (a savings of up to $160 per roundtrip—terms apply), 2 United Club one-time passes per year, and priority boarding privileges, the United Business Card has plenty to offer.

Best Capital One Current Credit Card Offers

Now that we’ve gone through what Chase has to offer let’s check out what Capital One is bringing to the table. While there aren’t as many options as Chase, the quality of the offers is still worthy of consideration.

Capital One Venture X Rewards Credit Card

If you’re looking for a little more oomph in your travels, consider the Capital One Venture X Rewards Credit Card. This addition to the Capital One lineup includes the ability to earn unlimited:

  • 10x miles on hotels and rental cars booked through Capital One Travel
  • 5x miles on flights booked through Capital One Travel
  • 2x miles on all other purchases

Cardholders can also enjoy unlimited access to all-inclusive amenities at the Capital One Lounge and at Priority Pass lounges worldwide. Plus, they’ll receive up to a $100 credit for Global Entry or TSA PreCheck®.

Additional benefits include $300 back annually for bookings through Capital One Travel, where you’ll get access to thousands of options. Plus, get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary.

Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel, with the Capital One Venture X Rewards Credit Card.

This offer is perfect for a relaxing vacation either domestically or abroad. The annual fee is $395, but there are no foreign transaction fees.

Capital One Venture Rewards Credit Card

The Capital One Venture Rewards Credit Card has increased its standard signup bonus.

Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel, with the Capital One Venture Rewards Credit Card.

Your purchases earn 2x miles per $1 spent.

However, if you want to earn a few more miles on travel, the good news—earn 5x miles on hotels and rental cars booked through Capital One Travel. 

You can redeem miles for travel statement credits or transfer to an airline and hotel partner. The annual fee is $95.

Capital One Quicksilver Cash Rewards Credit Card

The Capital One Quicksilver Cash Rewards Credit Card earns a one-time $200 cash bonus after spending $500 on purchases in the first 3 months from account opening. All card purchases earn an unlimited 1.5% back. However, earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel. There isn’t an annual fee or foreign transaction fee.

Capital One Walmart Rewards Card

The information for the Capital One Walmart Rewards® Mastercard® has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

You might be spending more money at your local Walmart than in previous years. If you foresee that habit continuing for the next year, consider the Capital One Walmart Rewards® Mastercard®. This card doesn’t have an annual fee.

Summary of Chase and Capital One Credit Card Offers

The travel credit cards from Chase and Capital One have the most valuable signup bonus offers. The spending requirements can be easy to reach, and you can enjoy ongoing benefits at the same time. A cash rewards card can be a good alternative if you have a small budget or want to earn an easy bonus.

FAQs

Which is a better credit card? Chase or Capital One?

Chase tends to offer better credit cards for most travel rewards. The best Chase credit card might be the Chase Sapphire Preferred. The annual fee is $95, which is reasonable for many average travelers.

The Capital One Venture can be a better option when you want to earn flat rewards on all purchases. The standard purchase rate is 2x miles. You can redeem your miles for travel statement credits or transfer to an airline or hotel partner. The annual fee is $95.

Which is better? Chase Freedom Flex or Capital One Quicksilver?

The Chase Freedom Flex can be the better option when your normal spending is in the purchase rewards bonus categories. You earn up to 5% back on the first $1,500 in quarterly bonus categories (once activated) and travel you book using the Chase Ultimate Rewards travel portal. Dining and drugstore purchases earn 3% back. You can redeem your points for award travel, cash back, and gift cards.

There is no annual fee, but you pay 3% on foreign transactions.

The Capital One Quicksilver earns 1.5% back on all purchases. This card can be a better option if you want a simple method of earning rewards or if your spending habits don’t match the Freedom Flex bonus categories. The signup bonus is $150 bonus cash by spending $500 in the first 3 months. There is no annual fee or foreign transaction fee.

Related Articles:

Johnny Jet has partnered with CardRatings for our coverage of credit card products. Johnny Jet and CardRatings may receive a commission from card issuers.

Leave a Reply

Required fields are marked *