Capital One VentureOne Rewards Credit Card Review 2023

There are many types Credit card There. For those who travel often, cards that earn points and miles — say so often Travel Rewards Card – can be a smart option to choose.

With these, every dollar you spend helps you earn miles for future travel. They may also offer you certain travel discounts, special benefits and protections (like travel insurance, for example).

One such card is the Capital One VentureOne Rewards Credit Card. Are you considering a travel credit card for your expenses? Here’s what you need to know about this card and whether it’s right for you

What is the Capital One VentureOne Rewards Credit Card?

Capital One VentureOne is one Rewards credit card Designed to help you earn travel miles on your regular spend. You get 1.25 miles per dollar spent (more if you travel through Capital One’s platform) and there are bonus miles just for signing up.

The card is issued by Capital One Bank and comes with a 0% introductory APR that lasts for 15 months. After that, your APR will range between 19.74% and 29.74%, depending on your credit.

Learn more about the Capital One VentureOne Card and how you can use it to save on travel this summer.

Breakdown of Capital One VentureOne Rewards travel benefits

Since the VentureOne card is a Travel credit card, let’s dive into the travel benefits first. When you sign up for the card and spend at least $500 in the first three months, you’ll automatically earn 20,000 bonus miles. Beyond that initial bonus, you can earn:

• Cost is 1.25 miles per dollar
• 5 miles per dollar on hotel and car rentals you book through Capital One Travel

Travel miles can be transferred to over 15 different travel loyalty programs or you can redeem rewards for past travel spend (within 90 days). You get automatic travel accident insurance when you book a trip with your card. Finally, there are no foreign transaction fees when you use your VentureOne card outside the United States

Other Benefits

The card also comes with other benefits. Capital One offers rental car collision and theft coverage and extended warranties on certain items purchased with the VentureOne card.

If you don’t have travel plans, you can use your rewards to pay your card balance or to Amazon or Paypal (as currency for purchases).

Start saving on travel with the Capital One VentureOne Card today!

Capital One VentureOne Rewards Credit Card Rates and Fees

The VentureOne card comes with no annual fee and 0% interest on new purchases and balance transfers for the first 15 months. After that, the rate varies depending on you Credit score.

Balance Transfer with a 3% fee (at least in the first 15 months when transfers have an introductory rate), and cash advances cost $4 or 3% of the amount — whichever is higher. Late payment fee is $40.

Advantages and Disadvantages of Capital One VentureOne Card

The biggest benefit of the VentureOne card is its ability to help you build up travel miles quickly, especially if you use the card often. It has a simple travel platform that you can use to book trips, and you have other options for using your miles if you don’t want to travel for a while.

The 0% promo APY can also make the VentureOne card a good balance transfer option, though be aware of the 3% transfer fee that comes with it.

On the downside, the card is only for customers with “excellent” credit. According to Capital One, this means you’ve never filed for bankruptcy or defaulted on a loan, you haven’t been more than 60 days late on a credit card, medical bill or loan in the past year, and you’ve had debt or credit with a limit greater than $5,000 for at least three years. card

Considering the Capital One VentureOne Rewards Card? Now explore more benefits here.

The opinions expressed herein are solely those of the author and not those of any bank, credit card issuer, hotel, airline or other entity. This content has not been reviewed, endorsed or otherwise approved by any entity included in the post.