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All comparisons
Head-to-head, 2026

Capital One Venture Rewards Luxury Card Mastercard Black Card

Capital One Venture Rewards

$95/yr

Venture Rewards
Mastercard Black Card

Luxury Card Mastercard Black Card

$699/yr

Every $1 · two cards

Capital One Venture Rewards earns more in 8 of 9 categories · Luxury Card Mastercard Black Card in 0

  • Dining
    2×3.6¢ per $1
    1×1¢ per $1
  • Groceries
    2×3.6¢ per $1
    1×1¢ per $1
  • Gas
    2×3.6¢ per $1
    1×1¢ per $1
  • Flights
    2×3.6¢ per $1
    2×2¢ per $1

    via LuxuryCardTravel.com

  • Hotels
    5×9¢ per $1

    via Capital One Travel

    2×2¢ per $1

    via LuxuryCardTravel.com

  • Everything else
    2×3.6¢ per $1
    1×1¢ per $1

Value per $1 uses the same point values as Discover Value: cash back at face value, points at Perqt's value for each program. Rates that apply all the time are shown, with caps and booking sites named; limited-time, spend-threshold and pick-one bonuses are in each card's full review. Annual fees and welcome offers are not counted here.

Fees, welcome offers & benefits

Lower annual fee: Capital One Venture RewardsBigger welcome offer: Luxury Card Mastercard Black Card

Capital One

Venture Rewards

Annual fee
$95
Network
visa
Welcome value
$1,050
Min spend
$4,000 / 3mo

Top earning rates

  • 5×Hotels, vacation rentals, and rental cars · Capital One Miles
  • 5×Capital One Entertainment purchases · Capital One Miles
  • 2×Every purchase · Capital One Miles

Key benefits

  • Global Entry or TSA PreCheck credit · $120
  • $50 Lifestyle Collection experience credit · $50
  • Capital One Offers · $0
  • Capital One Entertainment access · $0
  • No Foreign Transaction Fees · $0
Full Capital One Venture Rewards review

Luxury Card

Mastercard Black Card

Annual fee
$699
Network
mastercard
Welcome value
$1,125
Min spend
$6,000 / 3mo

Top earning rates

  • 2×Airfare · Luxury Card Rewards
  • 2×Hotels · Luxury Card Rewards
  • 1×All other purchases · Luxury Card Rewards

Key benefits

  • Luxury Card Travel Hotel Benefits · $750
  • Concierge Service · $250
  • $200 Annual Airline Credit · $200
  • Global Entry or TSA PreCheck application credit · $120
  • $100 Annual Dining Credit · $100
Full Luxury Card Mastercard Black Card review

Wondering which one is right for your wallet?

Spec sheets can't tell you which card actually earns more for the way you spend. Perqt connects to your wallet, runs the math against your real transactions, and tells you which of these two — or another card entirely — gives you the biggest annual uplift.

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