Capital One Venture vs Wells Fargo Active Cash®
Side-by-side comparison
| Capital One Venture | Wells Fargo Active Cash® | |
|---|---|---|
| Annual fee | $95 | No annual fee |
| Welcome offer | 75,000 Miles | $200 cash rewards bonus |
| Dining | 2x | 2x |
| Groceries | 2x | 2x |
| Gas | 2x | 2x |
| Travel | 5x | 2x |
| Streaming | 2x | 2x |
| Everything else | 2x | 2x |
| Est. yearly rewards* | $637 | $583 |
| Points type | Transfers to airlines & hotels | Pools with Wells Fargo → transferable |
| Network | Visa | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Capital One Venture earns about $637 a year in rewards and the Wells Fargo Active Cash® about $583, valuing every point at a flat 1 cent. The Capital One Venture charges $95, but carries about $100 in annual statement credits that offset it for anyone who uses them. The Wells Fargo Active Cash® has no annual fee, so its rewards are all profit. The two are close on value, but the Capital One Venture edges ahead by about $9 a year, mostly because it earns more where you spend most, on travel. 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 Venture currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Capital One Venture if your spending leans toward travel.