There are some exciting new privileges for people with Capital One® Venture® Rewards Credit Card. These privileges are especially appealing to people who travel frequently because they offer ways to cut to the front of the line at the airport without paying more. Capital One® Venture® Rewards Credit Card customers now get rebates when they apply for Global Entry and TSA PreCheck membership. This exciting new perk officially becomes available to cardholders on June 12.
Cardholders who wish to apply for Global Entry will receive a rebate that covers the $100 application fee for this service, once every 4 years. Cardholders who prefer to sign up for TSA PreCheck will receive a rebate that covers the $85 application fee for that service. There is actually a simple way that cardholders can maximize this benefit. Membership in the Global Entry program actually comes with TSA PreCheck membership automatically. That means that it makes sense to apply for the pricier Global Entry membership when you're going to be reimbursed for the application fee.
Some frequent travelers may not feel that signing up for Capital One® Venture® Rewards Credit Card is worth doing just for the sake of free membership in Global Entry or TSA PreCheck due to the fact that the card has a $0 intro annual fee for the first year; $95 after that. That means that the rebate that's being offered can actually be obtained for free. It is also possible to transfer the rebate to a family member or friend as long as you pay for the application using your Capital One® Venture® Rewards Credit Card. Of course, there are many other cards out there that offer similar perks if Capital One® Venture® Rewards Credit Card doesn't provide exactly what you need.