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If you’re thinking about packing up and heading out of town for a vacation, you may like this news. Capital One announced a partnership with HotelTonight, a last-minute hotel deal app, on Thursday. This pairing gives Capital One Venture and Capital One VentureOne cardholders a 10% discount on hotels booked through the HotelTonight app.

To receive the discount, all cardholders have to do is enter the promo code VENTURE, which is applicable through January 2017. This is an unlimited usage discount until the promotion expires, but it’s still a good idea to comparison shop to be sure you’re getting the best deal out there for you.

This new perk comes alongside other travel perks that already accompany these credit cards. With the Capital One Venture Rewards credit card, cardholders receive unlimited double miles on every purchase, as well as 50,000 bonus miles after spending $3,000 on the card during the first three months. The Capital One VentureOne Rewards credit card offers customers 1.25X miles on every purchase and a one-time bonus of 20,000 miles after making $1,000 worth of purchases on the card within the first three months.

Neither of these cards have foreign transaction fees or initial annual fees. However, the Venture card does have a $95 annual fee after the first year. The VentureOne rewards card has a 12-month 0% introductory annual percentage rate (APR), but that changes to a 13.49% - 23.49% (Variable) APR (based on creditworthiness). The Venture card has a 17.24% - 24.49% (Variable) APR. (For more about these cards, you can read our in-depth review of both the Capital One Venture Rewards card and the Capital One VentureOne Rewards card here.)

Using Travel Reward Credit Cards

It’s important to remember that you don’t want to overspend on a trip just to get perks, whether they’re in the form of points, a discount or something else. And, before you sign up for any rewards credit card, there’s a lot to think about. For example, it’s important to make sure you’ll be able to cover any annual fees that may come with the card. You may also want to review your budget and decide if you’ll be able to pay the balance in full each month — doing so with rewards credit cards helps to prevent you from losing all those added benefits to interest fees.

Finally, you may want to take a look at your credit scores, as these types of credit cards are typically issued to people with good credit. You don’t want to go through the application process and get a hard inquiry on your credit report, simply to get denied for the card. You can see two of your credit scores for free, updated every 14 days, on Credit.com. If your credit isn’t quite up to snuff, there are some steps you can take to polish it — pay down any debts, fix any errors appearing on your credit report and limit the number of credit inquiries until your score rebounds.

At publishing time, the Capital One Venture Rewards card and Capital One VentureOne Rewards card are offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment.

Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other financial products frequently change. As a result, rates, fees and terms for credit cards, loans and other financial products cited in these articles may have changed since the date of publication. Please be sure to verify current rates, fees and terms with credit card issuers, banks or other financial institutions directly.

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