Capital One VentureOne Rewards Card evaluation: a easy journey rewards card with no annual payment

Capital One VentureOne Rewards: Overview

Card kind: Travel rewards, 0% APR, Balance transfer

With the Capital One VentureOne Rewards Credit score Card , you’ll earn limitless rewards which you can redeem in a number of methods, together with transfers to airline and resort companions. It earns 1.25x miles on each different buy and 5X miles when reserving journey by means of Capital One. For brand spanking new accounts, there’s additionally a welcome bonus that’s easy to earn with a low minimal spending requirement. Plus, the cardboard contains an intro APR supply on each stability transfers and purchases for greater than a 12 months. Whereas the cardboard has restricted advantages, it has no annual payment or overseas transaction charges, which makes it a strong card to earn versatile rewards for the lengthy haul.

Who’s Capital One VentureOne good for?

The Capital One VentureOne is an effective possibility for customers who need to earn versatile rewards with out paying an annual payment. It earns limitless rewards on each buy, which could be redeemed for money again, journey, present playing cards and extra. Not like Chase Freedom playing cards, rewards earned from the VentureOne could be transferred to Capital One airline and resort companions with out requiring you to have a second bank card.

Customers who want further time to repay their balances may even profit from the cardboard’s intro APR supply. It contains 0% curiosity for 15 months on each purchases and stability transfers. This promotion offers greater than a 12 months to repay balances with out incurring any curiosity costs.

Who shouldn’t get Capital One VentureOne?

Customers who need to earn increased rewards on purchases ought to take into account different purchases. The VentureOne’s 1.25x miles is comparatively weak in comparison with playing cards just like the Chase Freedom Limitless or the Citi DoubleCash. Moreover, the VentureOne card doesn’t supply bonus classes (except for reserving lodges and rental automobiles by means of its journey portal) the place you’ll be able to maximize rewards on spending.

VentureOne Rewards: Rewards

There are 4 main strategies of incomes miles with the Capital One VentureOne bank card.

Welcome bonus

While you open a brand new VentureOne bank card, you’ll be able to earn 20,000 miles after spending $500 on purchases inside 3 months from account opening.. These miles are price $200 in journey booked by means of Capital One or instantly with journey suppliers. Miles may be transferred to greater than 15 airline and resort loyalty packages for a probably increased worth.

On a regular basis purchases

The Capital One VentureOne Rewards Credit Cardprovides a easy rewards construction:

• 5x miles on lodges and rental automobiles booked by means of Capital One Journey
• 1.25x miles on each different buy 

You’ll earn limitless 1.25x miles on each buy you make with the Capital One VentureOne Card. Though it doesn’t have bonus classes, you’ll earn 25% extra rewards than different playing cards on on a regular basis purchases.

Reserving by means of Capital One Journey

Capital One incentivizes cardholders to ebook their journeys by means of its journey portal by providing further rewards on choose reservations. The VentureOne earns limitless 5x miles on lodges and rental automobiles by means of the Capital One Journey portal. All different reservations, together with flights, earn the usual 1.25x miles.

Refer new candidates

Should you get pleasure from your card and need to refer others, you’ll earn miles after they get accepted by means of your referral hyperlink. The variety of miles acquired varies primarily based on which card they apply for. VentureOne cardholders can earn 10,000 miles for every referral and as much as 50,000 miles per 12 months. For extra data, log into your Capital One account on-line or by means of the financial institution’s cell app, then choose “Refer a friend” inside your bank card particulars.

How you can redeem VentureOne Miles

The VentureOne bank card earns versatile rewards with quite a few redemption choices. Right here’s easy methods to redeem your miles for optimum worth.

Guide journeys by means of Capital One Journey

Cardholders can ebook journey by means of Capital One Journey utilizing miles at a price of 1 cent every. By means of this journey portal, you’ll be able to ebook flights, resort rooms, rental automobiles and extra. Though you’re utilizing your Enterprise miles to ebook journey, it’s possible you’ll earn rewards from the airways, lodges and rental automotive corporations instantly.

Cowl journey purchases

Prospects have 90 days from the transaction date to cowl eligible journey purchases made with the VentureOne bank card. This lets you ebook any airline, resort or different journey supplier with out worrying about blackout dates. So long as the acquisition codes as journey, it may be lined together with your miles. When redeeming miles for these purchases, you’ll be able to select to cowl a portion of the cost or the whole quantity.

Switch miles to airline and resort companions

Capital One companions with greater than 15 airline and resort loyalty packages the place you’ll be able to switch your miles. Most often, your miles switch on a 1:1 foundation in increments of 1,000 miles. These companions embody Air Canada, Cathay Pacific,  Selection Accommodations, Qantas and Wyndham Accommodations.

Different redemption choices

Your miles will also be redeemed for money again, present playing cards, on-line procuring and extra. Nonetheless, these redemption choices have a tendency to supply decrease worth than the strategies talked about above. Should you aren’t touring quickly, these choices may help you discover worth together with your rewards fairly than permitting them to go unused.

Capital One VentureOne charges and costs

• Annual payment: None
• International transaction payment: None
• Buy APR: 19.99%, 26.24% or 29.99% variable, primarily based on creditworthiness

Further advantages

Along with the power to earn miles again on spending, the Capital One VentureOne Rewards Credit Card additionally provides the next perks and advantages:

• No overseas transaction charges. Keep away from hidden costs of as much as 3% when making purchases exterior the U.S. Many playing cards with no annual payment don’t waive this payment.
• Rental automotive insurance coverage. Your rental automotive is roofed with secondary harm or theft protection when utilizing your card.
• Credit score report monitoring. Get free alerts when there are modifications to your Transunion or Experian credit score stories. These warnings may help you keep glorious credit score and decrease the affect in case of fraud.
• Licensed customers. Add approved customers to your account free of charge to earn further rewards and assist them construct credit score.
• Journey accident insurance coverage: While you use your card to buy your fare, you get computerized insurance coverage for a lined loss at no further cost.
• Prolonged guarantee: Objects bought together with your card get further guarantee safety at no cost. This profit is proscribed to not more than the unique worth of the bought merchandise, minus delivery and dealing with charges, as much as a most of $10,000 per declare and $50,000 per cardholder.

Bank cards just like Capital One VentureOne Rewards

The VentureOne card offers limitless rewards with out charging an annual payment. Nonetheless, different playing cards could also be a greater match primarily based in your spending habits and the way you need to redeem your rewards. Examine these no-annual-fee playing cards earlier than submitting your software.

Chase Freedom Limitless vs. Capital One VentureOne

With the Chase Freedom Unlimited, you’ll earn extra rewards on on a regular basis purchases than the VentureOne card. It earns a limiteless 1.5% money again on each buy, which is 20% increased. Plus, the money again will increase to three% on eating and drugstore purchases and 5% on journey booked by means of Chase.

Much like the VentureOne, the Chase Freedom Limitless card features a $200 welcome bonus after spending $500 inside three months and a 0% intro APR on purchases and stability transfers for 15 months. Nonetheless, the foremost draw back is that the Freedom Card can not switch to airline and resort companions with out pairing it with an eligible Chase card.

Citi Double Money vs. Capital One VentureOne

The Citi Double Money earns a limiteless 2% money again on each buy. You’ll obtain 1% while you make a purchase order plus a further 1% as you again off your stability. It additionally provides a $200 welcome bonus, however its spending requirement of $1,500 inside six months is 3 times increased than the VentureOne card. New cardholders get a 0% intro APR on stability transfers for 18 months. Nonetheless, this promotion doesn’t embody purchases within the intro price.

Though this card has no annual payment, there are some limitations and costs to concentrate on. ThankYou Factors earned with the Citi Double Money are eligible to be transferred to a restricted variety of companions, together with Selection, JetBlue and Wyndham. When touring exterior the U.S., there’s a 3% overseas transaction payment. It additionally doesn’t embody invaluable advantages like rental automotive safety or an prolonged guarantee.

Is the Capital One VentureOne Rewards Card best for you?

The CapitalOne VentureOne is a superb alternative for customers who need a simple entry to the Enterprise Miles loyalty program. It has no annual payment and earns a limiteless 1.25X miles on each buy or 5X when reserving journey by means of Capital One. This ensures you’re incomes most rewards on each buy with out worrying about bonus classes or limited-time promotions. Plus, new cardholders can qualify for a welcome bonus and use the intro APR supply on purchases and stability transfers. Miles could be redeemed in a number of methods, together with transferring to any airline or resort loyalty program that Capital One companions with.

Regularly requested questions

Is it exhausting to get a Capital One VentureOne card?

The VentureOne card requires glorious credit score for the very best approval odds. In accordance with Equifax, this interprets into an 800 FICO rating. Use the Capital One prequalification device to see if you happen to qualify, or take steps to spice up your credit score rating earlier than making use of.

What sort of card is VentureOne?

The VentureOne card is a rewards bank card that earns versatile factors. Capital One points each Visa and Mastercard, and also you’ll be issued one or the opposite in case you are accepted.

Is VentureOne or Quicksilver higher?

Each bank cards earn limitless rewards on each buy with out charging an annual payment. The Quicksilver card earns 1.5% money again on each buy, which is a better price than the VentureOne. Whereas the VentureOne earns simply 1.25x miles, its rewards can switch to airline and resort companions for even increased worth. Should you’re capable of get greater than 1.2 cents every when redeeming miles, the VentureOne is the higher deal.

Please notice that card particulars are correct as of the publish date however are topic to vary at any time on the issuer’s discretion. Earlier than making use of, please contact the cardboard issuer to confirm charges, charges, and advantages.