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Capital One VentureOne Rewards Credit Card

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  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.24% - 29.24% variable APR after that; balance transfer fee applies

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Apply for Capital One VentureOne Rewards Credit Card - Credit-Land.com

Capital One VentureOne Rewards Credit Card

Rating 5.0

APPLY NOW

on Capital One's secure website

If you were looking for a simple credit card for your occasional travels, rejoice! The Capital One VentureOne Rewards Credit Card might well be the card you were looking for. The card has no annual fee, offers good flat rewards rate on all purchases, plus comes with an introductory annual percentage rate on new purchases and balance transfers.

The Capital One VentureOne Rewards Credit Card has the same great redemption options as more expensive credit cards from the Venture family - the Capital One Venture Rewards Credit Card and the Capital One Venture X Rewards Credit Card. However, it has fewer perks and rewards earning rate is lower. Still, the card is worth considering not only because of its flat rate rewards on everything, but also because of its extra benefits.

Great sign-up bonus

The Capital One VentureOne Rewards Credit Card currently has a sign-up bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening. If you use these miles to book an award travel through Capital One Travel, the bonus will be equal to $200 in travel.

This is a generous bonus offer for a travel credit card that has no annual fee. Plus, the spending requirement is relatively low compared to other no-annual-fee cards.

Flat-rate rewards on all purchases

Simple rewards earning is what you get with the Capital One VentureOne Rewards Credit Card: unlimited 1.25 miles per dollar on every purchase, every day. While this is not the best rewards rate for a travel credit card, it's still decent. You do not need to choose or activate multiple bonus categories and there's no cap on how many miles you can earn.

Plus, when you use the Capital One Travel portal to book a hotel room or rent a car, you will earn 5 miles per dollar on those purchases.

Flexible rewards redemption

The Capital One VentureOne Rewards Credit Card does not limit you to just travel redemptions. You've got several ways to redeem your Venture miles.

Redeem for past travel purchases

The easiest and the most straightforward way to use Venture miles is to get reimbursed in the form of statement credit for travel purchases you've made with the card in the last 90 days. When you choose this option, 1 mile is worth 1 cent (no award charts, no blackout dates, and no minimums). This way you can cover various travel expenses, including ride shares, rail lines, travel agents, or purchases from various travel resources.

Book new travel reservations

If your travel is yet to come, go to Capital One Travel to book your flight, car rental or hotel and use your miles to pay for your travel. The portal will offer you: best prices on travel, price drop protection, and refund you the difference if you find a better price within 24 hours after booking. The redemption rate is the same - 1 mile = 1 cent.

Transfer your miles

Capital One partners with 15+ travel loyalty programs to which you could transfer your miles, including British Airways Avios, Etihad Guest, Qantas Frequent Flyer, and Choice Privileges. This option may help you get more value from your Venture miles.

Shop with your miles

You can link your Capital One VentureOne Rewards Credit Card to your Amazon.com account and pay with rewards every time you shop. There is no fee to use this option. The miles value may be lower than one sent though.

Redeem miles with PayPal

You will also need to link your Capital One VentureOne Rewards Credit Card to your PayPal account. Then, every time you check out with PayPal, you can use available miles to pay for your purchase.

0% introductory rates

The Capital One VentureOne Rewards Credit Card offers 0% intro APR on purchases and balance transfers for 15 months, which is a rare benefit for travel credit cards. When the zero introductory rate is over, a go-to 19.24% - 29.24% (Variable) APR will apply. If you decide to transfer some balance to this card within the first 15 months, you will need to pay a balance transfer fee on each transferred amount.

When considering a balance transfer, keep in mind that balance transfers do not earn rewards. Also, we don't recommend carrying a balance from month to month. So if you decide to use the intro feature, make sure you pay your card balance in full by the end of the promotional period to avoid interest payments and keep your rewards intact.

VentureOne benefits and perks

As with any travel credit card, the VentureOne card comes with travel benefits and additional perks. The card also comes with a standard suite of Mastercard travel and shopping benefits. Here are some of the outstanding benefits:

  • No foreign transaction fees. No extra charges on purchases made outside of the United States.
  • Auto rental insurance*. Eligible cardmembers will receive coverage for physical damage and theft of the rental car when paid with the VentureOne card.
  • Travel assistance services*. Eligible cardholders can rely on important services they or their travel companions may need when traveling. The enrollment is automatic and the assistance is free to cardholders.
  • Extended warranty*. This coverage doubles the original manufacturer's warranty up to a maximum of 24 months on most items purchased with the eligible VentureOne card.
  • $0 Fraud Liability for unauthorized charges. If your card is lost or stolen, you will not be responsible for unauthorized charges.
  • CreditWise. Get alerts when your TransUnion® or Experian® credit report changes.
  • Card Lock. You can lock your card in the Capital One Mobile app if it's misplaced, lost, or stolen.
  • Capital One Dining. Get access to exclusive reservations at award-winning restaurants and tickets to unforgettable culinary experiences.
  • Capital One Entertainment. Experience events across music, sports and dining with exclusive access to pre-sales, tickets, and more.
  • Capital One Travel. Use the service to get the best price, even after booking, earn extra rewards, use rewards to book flights, hotels and rental cars, or find inspiration for your next getaway.
  • Complimentary Hertz Five Star® status: As a Venture cardholder, get the most out of your car rental with complimentary Hertz Five Star® status. Skip the rental counter and choose from a wider selection of cars. Register for status through the link in your Capital One account**

    • *Benefit available to accounts approved for the World Elite Mastercard product, subject to terms, conditions, and exclusions in the World Elite Mastercard Guide to Benefits. See Account Terms or Application Terms for more details.
    **Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.

Bottom line

The Capital One VentureOne Rewards Credit Card is a great option for infrequent travelers and can as well become a good travel companion for those who travel a lot. The card has valuable travel perks and beats other no-annual-fee cards for benefits such as no foreign transaction fees and purchase protection. If you want to earn more rewards and get additional travel benefits, like TSA PreCheck credit and lounge access, take a look at the VentureOne's sister card - the Capital One Venture X Rewards Credit Card. This card comes with an annual fee, but some travelers may find it worth it.

Capital One VentureOne Rewards Credit Card

Apply for Capital One VentureOne Rewards Credit Card - Credit-Land.com
Compare

Rating 5.0

APPLY NOW

on Capital One's secure website

    Rewards Bonus

  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel

    • Earning Rewards

  • Earn unlimited 1.25X miles on every purchase, every day
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options

    • Annual Fee

  • $0

    • Interest Rates

  • Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.24% - 29.24% variable APR after that; balance transfer fee applies

Rates & Fees

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

Disclaimer: This editorial content is not provided or commissioned by the banks or credit card issuer(s). Opinions expressed here are the author's alone, not those of the banks or credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the banks or credit card issuer(s). Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult with the issuing bank of the card or account for terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are accurate as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.