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finder.com’s rating: 4.4 / 5.0
★★★★★
50,000
Miles as welcome offer
Up to 2x
Miles
$0
Annual fee
for the first year ($95 thereafter)
17.24%, 22.24% or 24.49%
Purchase APR (variable)
| Product Name | Capital One® Venture® Rewards Credit Card |
|---|---|
| Card type | Visa |
| Annual fee | $0 intro annual fee for the first year ($95 thereafter) |
| Purchase APR | 17.24%, 22.24% or 24.49% variable |
| Balance transfer APR | 17.24%, 22.24% or 24.49% variable |
| Balance transfer fee | 3% |
| Cash advance rate | 24.49% variable |
| Cash advance fee | $10 or 3% of the cash advance amount, whichever is greater |
| Foreign transaction fee | None |
| Interest free period | Up to 25 days |
| Late payment fee | Up to $39 |
| Additional cardholder fee | $0 |
| Rates & fees | rates & fees |
Review by
Kevin Joey Chen is a credit cards, banking and investments writer whose work and analysis have appeared on CNN, U.S. News & World Report, Lifehacker and CreditCards.com. He's passionate about helping you get your finances in order and expertly navigate the cutting-edge financial tools available -- including credit cards, apps and budgeting software.
According to the provider, the Capital One® Venture® Rewards Credit Card has a signup bonus worth $500 when redeemed for travel. This is solid, though the Chase Sapphire Preferred® Card offers a higher-value bonus for a similar annual fee.
In short: This card offers some of the best rewards on the market.
For flat-rate rewards, 1.5% is a standard rate. Meanwhile, the Capital One® Venture® Rewards Credit Card offers a 2% rate, which is a great deal if you can stomach the card’s annual fee.
The card gets more valuable considering not many travel cards offer equivalent rewards. The PenFed Pathfinder Rewards American Express® Card is one alternative, however, giving Capital One a run for its money.
Compare Capital One® Venture® Rewards Credit Card with Delta SkyMiles® Gold American Express Card
| Answer choices | Responses |
|---|---|
| 740-850 | 52.38% |
| 670-739 | 23.81% |
| 580-669 | 23.81% |
| 300-579 | 0.00% |
| Answer choices | Responses |
|---|---|
| Rewards | 44.19% |
| Welcome bonus | 9.30% |
| Features and benefits | 39.53% |
| APR | 6.98% |
They’re great compared to what you’ll find with close competitors such as the PenFed Pathfinder Rewards American Express® Card and Chase Sapphire Preferred® Card.
For example:
The Capital One® Venture® Rewards Credit Card offers travel accident insurance and auto rental collision damage waivers. Check out our guide to learn more about these benefits.
Compare Capital One® Venture® Rewards Credit Card with Chase Sapphire Preferred® Card
Back to topApply for the card if you’re a US citizen or permanent resident of the US and you’re at least 18 years old.
You’ll need to fill out personal details, including:
During the application process, you can choose whether or not you want to make a balance transfer, and you can opt to receive further communications in Spanish if that’s your preferred language.
Apply with a good to excellent credit score of 670 or higher. An excellent credit score of 740 or higher will greatly increase your chances of approval. A higher score will also land you with a lower APR and a better credit limit.
Back to topMost customers love the Purchase Eraser perk, the flat 2% return they get on all purchases and they especially love the high credit line they received. The negative feedback revolves around the high APR that some customers received — but if you pay on time, this shouldn’t be a problem.
Capital One gets an A+ rating from the Better Business Bureau, which accredited the bank in 1995.
Due to its automated preapproval process, Capital One usually makes a decision within 60 seconds. In some cases, it may take up to 10 business days.
Upon approval, expect your card and welcome materials to arrive within seven to 10 business days.
Back to topIf you travel often and spend more than $10,000 per year with your card, this can be a good pick for you. You’ll get to earn miles on every purchase you make.
Not quite what you’re looking for? Check out other travel rewards cards and compare your options before deciding which card to pick.
Compare Capital One travel cards
★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our team evaluates credit cards to determine their value against similar cards on the market.
We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.
Images: Capital One