Capital One VentureOne Rewards Credit Card review

Travel Rewards Card

Capital One VentureOne Rewards Credit Card

Top Features

• Rewards
• 1.25 Miles per dollar on every purchase, every day. 5 Miles per dollar on hotels and rental cars booked through Capital One Travel.
• Welcome Bonus
• 20,000 Miles once you spend $500 on purchases within 3 months from account opening
• Annual Fee
• $0

5.0

Credit Score: Excellent, Good

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ALTERNATE CARD TO CONSIDER

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card_name rewards

The CardName rarely gets much attention outside of its own website since the big brother CardName has stolen the spotlight through national ad campaigns. But the CardName holds its own thanks to word-of-mouth and a not-ungenerous 1.25 miles per $1 spent on all your purchases. Sure, that’s less than the better-known sibling’s two-miles-per-$1 offer, but with no annual fee, the CardName could be just the right "no-strings-attached" fit for a rewards-card seeker who just doesn’t travel enough or spend enough on credit cards to justify an annual fee. See Rates and Fees

Most notable features of the CardName:

• Enjoy a one-time bonus of 20,000 miles once you spend $500 on purchases within three months from account opening, equal to $200 in travel.
• Earn unlimited 1.25 miles per $1 on every purchase, every day, and pay no annual fee.
• Earn 5X miles on hotels and car rentals booked through Capital One Travel.
• Transfer your miles to multiple leading travel loyalty programs.
• Fly any airline, stay at any hotel, anytime.
• Enjoy a 0% intro APR on purchases and balance transfers for 15 months (then, RegAPR; balance transfer fee applies).
• Pay no foreign transaction fees.
• Miles won’t expire for the life of the account and there’s no limit to how many miles you can earn.
• See Rates and Fees

CardName benefits

When we called the CardName a "no strings attached" card above, we meant it.

While some rewards credit cards, particularly travel rewards cards, have an introductory no-annual-fee offer for the first year, many expect you to pay a fee every year after that. With the CardName, this is something you’ll never have to worry about, which means you don’t need to work through the math of whether you’ll earn enough rewards in a given year to offset the fee.

And though you might not earn as many miles per purchase as with the annual_fees-per-year CardName, the CardName does still allow you to rack up 1.25 miles for every $1 spent; offers a nice welcome offer of 20,000 miles after spending $500 in the first three months; and as an added bonus, has introductory 0% interest APR on purchases and balance transfers for the first 15 months (then, RegAPR; balance transfer fee applies). These perks, along with no annual fee ever, certainly make the CardName one to not overlook. For VentureOne Rewards See Rates and Fees and for Venture Rewards See Rates and Fees.

There are a also a number of travel benefits offered with this card. CardName holders have access to Travel Assistance Services, auto rental insurance, and more. There are also no foreign transaction fees associated with this card, making it a great international companion as well.

Potential downsides of the CardName

No annual fee is great, but those looking for a rewards card that will gain miles quickly might become frustrated with the 1.25 mile per $1 ratio. While the no-annual-fee perk makes the CardName a great option for those who have time to work on their mile accumulation, those wanting to gain miles fast might want to consider a card with a higher mile-to-$1 ratio.

How do cardholders rate the CardName?

CardRatings conducts a survey annually to learn what actual cardholders think of their cards. Here are the results for the CardName:

How does the CardName compare to other cards?

CardName vs. CardName

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The CardName has no annual fees, no foreign transaction fees, a 0% intro APR period on purchases and balance transfers (for 15 months, then RegAPR after that, balance transfer fee applies), has a decent welcome bonus (one-time $200 cash-back bonus after spending $500 on purchases within the first three months from account opening), and earns rewards on every purchase made. See Rates and Fees

One big difference is that the CardName earns cash back instead of miles, and the earning rate is a bit higher, at 1.5% per dollar spent, versus the 1.25 you get with the CardName.

CardName vs. CardName

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Do you and your family only have a couple long weekends on the horizon, or are you dreaming of a year of jetsetting? Choosing between the CardName and the CardName just requires you to know your annual "break-even" point.

Both the CardName and CardName feature one-time bonus offers for new cardholders. The CardName offers a one-time bonus of 20,000 miles once you spend $500 on purchases within the first three months, equal to $200 in travel, and the CardName offers 75,000 miles once you spend $4,000 on purchases within three months from account opening, equal to $750 in travel.

If you are looking at bonus offers alone, the CardName is a clear front-runner for the slot in your wallet reserved for a travel rewards card; however, if you don’t spend very much on credit cards or don’t travel that often, the CardName becomes a better deal as the years pass.

Quick math estimates that, with the CardName annual fee, you’ll have to spend about $5,000 on the card every year to break even, if you don’t earn the welcome bonuses. If you’re funneling every monthly expense, vacation charge and supermarket purchase to your travel rewards card, you’ll hit that mark pretty quickly each year. If that’s not for you, the CardName gives you the ability to earn rewards for travel without spending a dime on annual fees. For VentureOne Rewards See Rates and Fees and for Venture Rewards See Rates and Fees.

Is the CardName a good card?

The CardName is a great no annual fee credit card option for those who are in no hurry to cash in on their miles, and who have some time to work on their mile accumulation. Plus, if you’re just looking for a card that earns miles in the background while you go about your daily spending, this one won’t disappoint thanks to its simple, flat-rate earning structure. See Rates and Fees

For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.