Card Highlights
Intro BonusEarn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
APR15.24% – 25.24% (Variable)
Recommended CreditExcellent, Good
- 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.
Annual Fee$0
Intro Purchase APR0% intro on purchases for 15 months
Additional Details
Intro Balance Transfer APR0% intro on balance transfers for 15 months
Balance Transfer Fee3%
Balance Transfer APR15.24% – 25.24% (Variable)
Late Payment FeeUp to $40
Foreign Transaction FeesNone
Penalty APRNone
Rewards & Redemption Details
- 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.
The VentureOne offers cardholders considerable value at little cost to their bank account. Use it for every purchase to rake in the miles. Try to book at least one aspect of travel (such as hotel, rental car, and airfare) through Capital One Travel to earn 5x miles per dollar. Miles can then be transferred to Capital One’s travel partners or redeemed for recent travel purchases, gift cards, or statement credits.
Capital One, however, doesn’t offer very many domestic airline partners, and the transfer rates vary depending on the partner. So, unless you’re planning to fly internationally, the best use for your miles will be to redeem for travel purchases made within 90 days.
Redeeming for past travel expenses will ensure a per-mile value of 1 cent. That said, there’s no foreign transaction fee to worry about, so if you do plan to travel internationally, you won’t incur any additional fees for using the card overseas.
The card also provides an impressive collection of benefits for a no annual fee card, including travel accident and rental car insurance. It even has an intro 0% APR for purchases for 15 months (then 5.24%, 21.24%, or 25.24%) and an easy-to-reach welcome bonus.
Pros
- No annual fee
- 1.25x miles per dollar for everything
- Intro APR offer for new purchases
- Travel Accident Insurance/rental car insurance
- No foreign transaction fee
Cons
- Few US airline partners
- Requires excellent credit
