How Does LendingTree Get Paid?
LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.
|
Advertising Disclosure
LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).

Advertising Disclosure

LendingTree is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products. We are compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order).
|
American Express Disclosure
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Disclosure

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

Capital One VentureOne Rewards Credit Card Review

Updated on:
Content was accurate at the time of publication.
LendingTree's Review

How LendingTree Rates Credit Cards?

Our experts rate credit cards based on several factors including card benefits, bonus offers and independent research. Credit card issuers do not influence or have a say in our card ratings. Read our credit card methodology here.
4.6
Capital One VentureOne Rewards Credit Card
Sign-Up 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
Rewards Rate
1.25 Miles per dollar on every purchase, every day; 5 Miles per dollar on hotels and rental cars booked through Capital One Travel
APRs
0% intro on purchases for 15 months, then 19.74% - 29.74% (Variable). 0% intro on balance transfers for 15 months, then 19.74% - 29.74% (Variable). Balance transfer fee applies
Editorial Note: shortenedCCEditorialNote

Who is the Capital One VentureOne Rewards Credit Card best for?

The Capital One VentureOne Rewards Credit Card is ideal for those new to travel rewards cards and who want a simple approach to earning and redeeming rewards miles, much like the Capital One Venture Rewards Credit Card, but without having to pay an annual fee.

Along with offering a flat rewards rate on every purchase, the card comes with a $0 annual fee and a few travel benefits.

We look at the pros and cons of the Capital One VentureOne Rewards Credit Card, and show how it compares to another flat rate travel rewards card — the Discover it® Miles card.

*To see rates & fees for Capital One VentureOne Rewards Credit Card, please click here.

Quick facts

    • $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; 19.74% - 29.74% variable APR after that; balance transfer fee applies
    • For Capital One products listed on this page, some of the above benefits are provided by third parties such as Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as certain terms, conditions, and exclusions apply
  • Recommended Credit
    Credit scores ranges may vary. Your individual chance at approval may vary due to factors such as creditors using a particular variation at their discretion
  • 660 720 850
    Good / Excellent
  • 10+ travel transfer partners
  • Travel accident insurance
  • Redeem rewards with PayPal
  • Extended warranty
  • Foreign exchange fee: none
  • Easy credit statement redemption process for hotel and airline purchases
  • No blackout or expiration dates

Intro Purchase APR

0% intro on purchases for 15 months

Regular Purchase APR

19.74% - 29.74% (Variable)

Intro BT APR

0% intro on balance transfers for 15 months

Regular BT APR

19.74% - 29.74% (Variable)

Annual Fee

$0

Cash Advance Fee

5% of the amount of the cash advance, but not less than $5

Foreign Transaction Fee

None

Balance Transfer Fee

Balance transfer fee applies

*To see rates & fees for Capital One VentureOne Rewards Credit Card, please click here.

Pros and cons of the Capital One VentureOne Rewards Credit Card

Pros

  • Simple rewards structure
  • Intro APR offer
  • $0 annual fee
  • No limit on number of miles earned
  • Redeem rewards for airfare, hotel or travel purchase with no blackout dates

Cons

  • Modest rewards earning rate
  • Balance transfer fee applies
*To see rates & fees for Capital One VentureOne Rewards Credit Card, please click here.

What we like about the Capital One VentureOne Rewards Credit Card

  • Sign up bonus

    Capital One VentureOne Rewards Credit Card holders can earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel.

  • Simple rewards structure

    The Capital One VentureOne Rewards Credit Card offers a flat rewards rate of 1.25 Miles per dollar on every purchase, every day; 5 Miles per dollar on hotels and rental cars booked through Capital One Travel. Venture miles can be redeemed for cash in the form of a check or account credit and gift cards. You can also use miles to book new travel reservations through capitalone.com or the Capital One Rewards Center.

  • Intro APR on purchases and balance transfers

    If you need to finance a large purchase and pay it off over time, you can do so without incurring interest charges for more than a year. That’s because the Capital One VentureOne Rewards Credit Card offers an APR of 0% intro on purchases for 15 months. After that, a regular APR of 19.74% - 29.74% (variable) applies to any unpaid portion of the balance.

    The card also offers an APR of 0% intro on balance transfers for 15 months, then a regular APR of 19.74% - 29.74% (variable).

    A balance transfer fee applies for promotional rates that Capital One may offer.
    *To see rates & fees for Capital One VentureOne Rewards Credit Card, please click here.
  • Limited fees

    The Capital One VentureOne Rewards Credit Card charges a $0 annual fee. As for foreign transaction fees – there are none. Additionally, if you pay your bill late, you will not be subject to a penalty APR.

    *To see rates & fees for Capital One VentureOne Rewards Credit Card, please click here.

What to watch out for with the Capital One VentureOne Rewards Credit Card

  • Mediocre rewards earning rate

    While the Capital One VentureOne Rewards Credit Card offers a reasonable 1.25 Miles per dollar on every purchase, every day; 5 Miles per dollar on hotels and rental cars booked through Capital One Travel, there are other flat rate cards available — like the Discover it® Miles — that offer a higher amount of rewards per dollar.

  • Balance transfer fee

    If you transfer a balance to the Capital One VentureOne Rewards Credit Card, just know that a balance transfer fee applies.

    *To see rates & fees for Capital One VentureOne Rewards Credit Card, please click here.

Alternative travel card to the Capital One VentureOne Rewards Credit Card

Compare it to the Discover it® Miles

| Disclosures
Discover it® Miles*
Discover it<sup>®</sup> Miles
Learn More
0% Intro APR for 15 months
18.74% - 27.74% Variable APR
$0
1.5 Miles per dollar on all purchases.
  • UNLIMITED BONUS: Unlimited Mile-for-Mile match for all new cardmembers—only from Discover. Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. You could turn 35,000 Miles to 70,000 Miles. There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match.
  • Automatically earn unlimited 1.5x Miles on every dollar of every purchase
  • No annual fee
  • Turn Miles into cash. Or redeem as a statement credit for your travel purchases like airfare, hotels, rideshares, gas stations, restaurants and more.
  • 0% intro APR for 15 months on purchases. Then 18.74% - 27.74% Standard Variable Purchase APR will apply.
  • Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. It’s free, activate with the mobile app.
  • Discover is accepted nationwide by 99% of the places that take credit cards.
  • Terms and conditions apply.
660 720 850
Good / Excellent
*The information related to the Discover it® Miles has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

 

Like the Capital One VentureOne Rewards Credit Card, the Discover it® Miles card offers a simple approach to earning rewards — but at a slightly higher rate.

Discover it® Miles cardholders 1.5 miles per dollar on all purchases. The card also offers a generous sign-up bonus: For new cardmembers, unlimited Mile-for-Mile match for all new cardmembers—only from Discover. Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. You could turn 35,000 Miles to 70,000 Miles. There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match.

Miles can be redeemed for cash or travel, including hotels, airfare, car rentals, restaurants, gas stations and more. You can also use miles at Amazon.com checkout.

The Discover it® Miles has an intro APR on purchases of 0% Intro APR for 15 months, then 18.74% - 27.74% Variable APR. Additionally, the card offers an intro APR on balance transfers of 0% Intro APR for 15 months. After that, a regular APR of 18.74% - 27.74% Variable APR applies to any unpaid portion of the transfer.

Just know, the card comes with a 3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*.

The Discover it® Miles card does not offer some of the benefits often associated with travel credit cards, such as travel transfer partners, car rental insurance or emergency travel assistance. However, the card does waive the late fee (of up to $41) the first time you pay your bill late.

Is the Capital One VentureOne Rewards Credit Card right for you?

If you’re looking for a no-annual-fee travel rewards card, the Capital One VentureOne Rewards Credit Card and Discover it® Miles card are both good choices.

But while the Capital One VentureOne Rewards Credit Card provides more travel-specific benefits and travel transfer partners, the Discover it® Miles card offers a slightly higher rewards rate.

Or, if you’d prefer the same travel benefits offered by the Capital One VentureOne Rewards Credit Card, but with an even higher rewards rate and sign-up bonus, you may want to look at the Capital One Venture Rewards Credit Card.

The card offers 2 Miles per dollar on every purchase, every day; 5 Miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel. Plus, new card members can 75,000 miles once you spend $4,000 on purchases within 3 months from account opening. Just know, the card also comes with a $95 annual fee.

*To see rates & fees for Capital One Venture Rewards Credit Card, please click here.
apply-now-icon Apply Now
on Capital One's secure site
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.

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

The information related to the Discover it® Miles has been collected by LendingTree and has not been reviewed or provided by the issuer of this card prior to publication. Terms apply.

The content above is not provided by any issuer. Any opinions expressed are those of LendingTree alone and have not been reviewed, approved, or otherwise endorsed by any issuer. The offers and/or promotions mentioned above may have changed, expired, or are no longer available. Check the issuer's website for more details.