Bilt Blue vs Capital One VentureOne Rewards
Side-by-side comparison
| Bilt Blue | Capital One VentureOne Rewards | |
|---|---|---|
| Annual fee | No annual fee | No annual fee |
| Welcome offer | $100 in Bilt Cash on account opening | 20,000 Miles |
| Dining | 1x | 1.2x |
| Groceries | 1x | 1.2x |
| Gas | 1x | 1.2x |
| Travel | 2x | 1.2x |
| Streaming | 1x | 1.2x |
| Everything else | 1x | 1.2x |
| Est. yearly rewards* | $310 | $364 |
| Points type | Transfers to airlines & hotels | Transfers to airlines & hotels |
| Network | Mastercard | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified August 2026. See your own numbers in the calculator.
Welcome bonus and value over time
| Over time | Bilt Blue | Capital One VentureOne Rewards |
|---|---|---|
| Welcome bonus | $100 in Bilt Cash on account opening | 20,000 Miles |
| To earn it | No minimum spend | $500 in 3 months |
| Est. first-year value* | $510 | $564 |
| Est. ongoing value / yr* | $410 | $364 |
This one splits by time horizon. In year one the Capital One VentureOne Rewards is ahead by roughly $54, thanks largely to its welcome offer. But the Bilt Blue earns more every year after, so if you keep it, it overtakes the Capital One VentureOne Rewards after about 2 years. Chasing the sign-up bonus and open to canceling before the second annual fee? Take the Capital One VentureOne Rewards. Planning to keep it for years? The Bilt Blue pulls ahead.
*First-year value counts the welcome bonus, estimated rewards, and annual credits, minus the annual fee; ongoing value is a typical year after. Every point at a flat 1 cent.
Perks, credits, and redemptions
| Perks | Bilt Blue | Capital One VentureOne Rewards |
|---|---|---|
| Lounge access | None | None |
| Annual credits | ~$100/yr (1 credits) | None |
| Points & redemptions | Transferable to airline & hotel partners | Transferable to airline & hotel partners |
On perks and redemptions, the Bilt Blue carries the heavier credit stack (about $100 a year). Weigh those against the fee, since credits and lounge access only count if you will actually use them.
Transfer partners and point value
The Bilt Blue earns Bilt Rewards, which transfers to Alaska / Atmos, Air Canada, World of Hyatt, American Airlines, and Turkish. The Capital One VentureOne Rewards earns Capital One miles, reaching Air Canada, Avianca LifeMiles, Turkish, British Airways, and Emirates. Most transfers are 1:1 on both, so the partners themselves, not the ratios, are what separate them.
The standout difference is the crown-jewel partner: for the Bilt Blue it is Alaska and Hyatt, a rare pairing that covers both a top airline and a top hotel program; for the Capital One VentureOne Rewards it is Turkish and Avianca for cheap Star Alliance premium cabins. Pick the program whose best partners match the trips you would actually book.
The verdict
On a typical year of household spending, the Bilt Blue earns about $310 a year in rewards and the Capital One VentureOne Rewards about $364, valuing every point at a flat 1 cent. The Bilt Blue has no annual fee, so its rewards are all profit. The Capital One VentureOne Rewards has no annual fee, so its rewards are all profit. The two are effectively tied on value, with the Capital One VentureOne Rewards marginally ahead, mostly because it earns more where you spend most, on everything else and groceries. Both earn transferable points rather than flat cash, so the deciding factor is whose transfer partners reach the airlines and hotels you would actually book. On the sign-up bonus, the Capital One VentureOne Rewards currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Bilt Blue if your spending leans toward travel. Pick the Capital One VentureOne Rewards if your spending leans toward dining, groceries, gas.