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Capital One VentureOne Rewards Credit Card
- 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
- Earn unlimited 1.25X miles on every purchase, every day
- Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
- $0 annual fee and no foreign transaction fees
- Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.74% - 29.74% variable APR after that; balance transfer fee applies
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.
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.
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
- 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
- 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
- $0
- Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.74% - 29.74% variable APR after that; balance transfer fee applies