GET.com's Review of Capital One® VentureOne® Rewards Credit Card
|Highlights||Credit Card Feature|
|Things We Like||Signing bonus of 20,000 miles, equal to $200 in travel|
|Our Least Favorite||High cash advance fee|
|Our Verdict||Great card to earn 1.25X miles per dollar on every purchase|
- $0 annual fee and no foreign transaction fees
- Earn a bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
- Earn 1.25X miles on every purchase, every day
- Earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
- Transfer your miles to over 12 leading travel loyalty programs
- Enjoy 0% intro APR on purchases for 12 months; 14.24% - 24.24% variable APR after that
- Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Intro APR
0% intro on purchases for 12 months
- Annual Fee
- Regular APR
14.24% - 24.24% (Variable)
- Credit Required
Capital One® VentureOne® Rewards Credit Card is a travel rewards credit card issued by Capital One which can help you save on any travel purchases you make. This card lets you earn reward miles which you can then redeem towards the cost of any travel bookings you make or transfer these miles to participating airlines. That makes it a pretty flexible card.
Since it's very easy to confuse this card with the similar Capital One® Venture® Rewards Credit Card, we've decided to look under the fine print and find out what perks this card gives you, and how it compares to other travel credit cards available on the market in this Capital One® VentureOne® Rewards Credit Card review.
Things We Like About Capital One® VentureOne® Rewards Credit Card
$0 annual fee. The biggest difference between this card and its close relative, Capital One® Venture® Rewards Credit Card, is that Capital One® VentureOne® Rewards Credit Card has a $0 annual fee. That means you don't have to pay a fee every year to use this card, so you don't have to discount an annual fee from the miles you earn to calculate your actual travel savings.
You earn 1.25X miles per dollar on every purchase. Every purchase you make with this card, every day, earns 1.25X miles for each $1 you spend. Just calculate your average annual spending multiplied by 1.25X to see how many miles you could earn by using this card.
Earn 10X miles per dollar on purchases made at hotels.com/venture, through January 2020. To earn these miles all you have to do is choose where you want to stay on hotels.com/venture then click the "pay now" button at checkout and make the payment with your Capital One® VentureOne® Rewards Credit Card. The 10X miles per dollar you earn will be posted to your account within two billing cycles.
It has a bonus offer! When you spend $1,000 on purchases within 3 months from account opening, you will receive a bonus of 20,000 miles (equal to $200 in travel). So just getting this card and spending less than $400 a month within 3 months from account opening can start you off with up to $200 worth of travel!
You can redeem your rewards for any travel purchases. The miles you earn with this card can be redeemed towards airline tickets, hotel stays, cruises, car rentals, vacations, and many more travel purchases you pay for with this card. You can book your travel any way you prefer (travel booking sites, directly from airlines, right at the hotel counter, and other ways), and then just redeem your miles as statement credit to cover those purchases. You can even transfer your miles to one of 10+ participating airline partners. So you really are in control of your travel rewards when you use this card.
Your miles don't expire. The miles you earn with this card don't expire, as long as your account is open and in good standing. So you can accumulate as many miles as you want to and hoard them for as long as you choose before redeeming them.
You don't pay foreign transaction fees. Capital One is famous for not charging foreign transaction fees on many of its cards. When you use this card to pay in a foreign currency while traveling, you won't have to pay a fee. Most credit cards charge 3% of the amount you spend, which can add up to some serious bucks. So this is a good card to take with you when you travel outside of the U.S.
You get an intro APR period. With this card you get 0% intro APR on purchases for 12 months, which means you won't have to pay interest on balances you carry until that time. After that a standard 14.24% - 24.24% variable APR will apply.
Our Least Favorite Things About Capital One® VentureOne® Rewards Credit Card
You pay a lot to get cash with this card. This is a great card to use when you pay at a credit card terminal, but try not to use it to get cash. Every time you use this card to get a cash advance you will pay either $10 or 3% of the amount of each cash advance.
How Other Cards Compare With Capital One® VentureOne® Rewards Credit Card
|Intro APR:||0% Introductory APR for 12 billing cycles for purchases|
|Regular APR:||17.24% - 25.24% Variable APR|
Capital One® VentureOne® Rewards Credit Card is a good all-round travel rewards card for those of you who like to keep your travel options open and don't like to pay an annual fee. Pedro Pla
Capital One® VentureOne® Rewards Credit Card gives you everything you really need in a travel credit card for $0 annual fee, including a fairly good rate of earning miles and no foreign transaction fee.
If you like to earn flexible miles on all purchases you make, and redeem your miles towards any travel purchases you make with any airline or hotel, then Capital One® VentureOne® Rewards Credit Card is a good choice of credit card to use. Plus you have the added benefit of using this Visa credit card in countries all over the world.
See more Capital One credit cards.