Capital One VentureOne Rewards | finder.com

VentureOne® from Capital One® review – January 2019

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VentureOne® from Capital One®

A no-annual-fee travel card with a long intro APR period on purchases.

30-second take

  • Get this card if you want a simple travel rewards card.
  • Pick something else if you’re looking to earn more miles or want an intro APR period on balance transfers.
  • Apply with a good to excellent credit score of 680 or higher.
Product NameVentureOne® from Capital One®
Card TypeVisa
Annual Fee$0
APR (Annual Percentage Rate) for Purchases13.74%, 21.74% or 25.74% variable
Introductory Purchase APR0% for the first 12 months (then 13.74%, 21.74% or 25.74% variable)
Balance Transfer APR13.74%, 21.74% or 25.74% variable
Introductory Balance Transfer APR

N/A

Balance Transfer Fee3%
Cash Advance Rate23.74% variable
Cash Advance Fee$10 or 3% of the cash advance amount, whichever is greater
Interest Free PeriodUp to 25 days
Late Payment FeeUp to $38
Minimum Age18 years of age
Welcome OfferEarn 20,000 bonus miles once you spend $1,000 on purchases within the first 3 months from account opening.
Reward Value per Dollar1.25x miles

The basics

VentureOne® from Capital One® is a simple travel rewards card that lets you earn unlimited miles on all purchases. But its coolest feature is the incredibly high number of miles you can earn when booking through the Hotels.com Venture website.

You also get a long intro APR period on purchases, which can help if you plan to make a large purchase and want to carry a balance without interest.

The perks

  • Signup bonus.

    Earn 20,000 bonus miles after you spend $1,000 on purchases during your first 3 months of card membership. These miles are worth $200 when redeemed for travel rewards

  • Earn miles.

    Earn an unlimited 1.25x miles on all of your purchases and 10x miles on bookings through the Hotels.com Venture website. The 10x miles offer ends on January 31, 2020.

  • Intro APR period on purchases.

    Get a 0% intro APR on purchases for the first 12 months your account is open. After that, a variable APR of 13.74%, 21.74% or 25.74% applies.

  • No annual fee.

    Take advantage of all perks of the card without paying an annual fee.

How can I redeem the miles I earn?

  • Use Purchase Eraser.

    After booking your travel with your VentureOne® from Capital One® card, log in to your Capital One account or call the rewards center to take advantage of Purchase Eraser, which allows you to redeem your miles toward credit for the amount you spent on your travel. You must use this feature within 90 days of your purchase.

  • Book travel.

    Log in to your Capital One account or call the rewards center to book your flight, hotel or car rental with your miles. The value of 100 miles is $1 toward a travel booking.

  • Nontravel redemption.

    Redeem your miles for cash back in the form of a check or statement credit. You can also redeem miles for merchandise or gift cards. The value of your miles for these types of redemption vary.

You’ll also like

  • No foreign transaction fees.

    When you use your card while traveling abroad, you won’t pay a foreign transaction fee. With other cards, you face a fee of up to 3% for each transaction.

  • No penalty APR.

    When you make a late payment, you’ll pay only a penalty fee. Other cards may also apply a penalty APR of up to 30%. What’s worse is cards that stick you with that penalty indefinitely.

  • Visa Signature® benefits.

    If you apply for the Visa Signature® card, you’ll enjoy such benefits as a 24/7 concierge service, complimentary room upgrades at participating hotels and resorts, car rental insurance, shopping discounts and extended warranties.

Which card will I get: Visa Signature® or Visa Platinum?

If your approved credit line is $5,000 or more, you’ll get the Visa Signature® card. Otherwise, you’ll get the Visa Platinum card.

What to watch out for

  • Credit line.

    With this card, the minimum credit line you can receive is $1,000. But if you have an excellent credit score and low utilization, you may see a higher credit limit.

  • No intro APR period on balance transfers.

    The card comes with an intro APR period on purchases, but not on balance transfers. If you’re looking to consolidate debt, comparing other balance transfer cards.

  • Potentially high APR.

    Depending on your creditworthiness, you might end up with an APR of 25.74% variable, which is considerably higher than the average of 16%. However, if you pay your balances on time and in full, the APR may not matter.

Consider other cards if …

  • You want a similar card from another bank.

    Consider the Bank of America® Travel Rewards credit card or the PenFed Pathfinder Rewards American Express® Card. The PenFed card lets you earn more points on your purchases along with a $100 credit for a TSA PreCheck application and $100 in airline credit. You’ll also get an intro APR period on balance transfers, but not on purchases.

  • You want cash back.

    The Capital One® QuicksilverOne® from Capital One® lets you earn unlimited cash back on everything you buy. A similar card is the PenFed Power Cash Rewards Visa Signature® Card, which offers earnings of up to 2% back on all purchases if you’re a PenFed Honor Advantage member.

    On the other hand, the Blue Cash Preferred® Card from American Express could be an ideal pick if you spend a lot on groceries and gas. If you spend on dining, travel, online purchases and Uber rides, the Uber Visa Card could be a better choice.

  • You want intro APR period on balance transfers.

    Consider the U.S. Bank Visa® Platinum Card, which offers one of the longest intro APR periods on balance transfers and purchases. You can also check out the Citi Simplicity® Card or the BB&T Bright® Credit Card.

Compare Bank of America® Travel Rewards credit card vs. Barclaycard Arrival® Plus World Elite Mastercard®

Compare travel credit cards

Name Product Welcome Offer Reward Value per Dollar APR (Annual Percentage Rate) for Purchases Annual Fee
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $625 toward travel when you redeem through Chase Ultimate Rewards®
1x points
17.99% to 24.99% variable
$0 annual fee for the first year ($95 thereafter)
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
Earn 50,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening - that's $750 toward travel when you redeem through Chase Ultimate Rewards®.
1x points
17.99% to 24.99% variable
$450
Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months.
30,000 bonus miles after spending $1,000 in purchases on your new card in your first 3 months and a $50 statement credit after you make a Delta purchase with your new card within your first 3 months.
1x miles
17.99% to 26.99% variable
$0 annual fee for the first year ($95 thereafter)
30,000 bonus miles after you use your new card to make $1,000 on purchases within the first 3 months. Rates & Fees
75,000 Hilton Honors Bonus Points with the Hilton Honors American Express Card after you use your new card to make $1,000 in eligible purchases within the first 3 months of card membership.
3x points
17.99% to 26.99% variable
$0
Earn 75,000 Hilton Honors™ Bonus Points after you spend $1,000 in purchases on the card within your first 3 months of card membership. Rates & Fees
35,000 Membership Rewards® Points after you spend $2,000 on eligible purchases with your new card within the first 3 months.
1x points
See Rates & Fees
$250
35,000 bonus Membership Rewards® Points when you spend $2,000 in the first 3 months Rates & Fees
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days
2x miles
18.24%, 22.24% or 25.24% variable
$0 annual fee for the first year ($89 thereafter)
Enjoy 70,000 bonus miles after spending $5,000 on purchases in the first 90 days.
60,000 Membership Rewards® points after you use your new card to make $5,000 in purchases in your first 3 months.
1x points
None (Charge Card)
$550
Get 5x Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5x points on eligible hotels booked on amextravel.com. Rates & Fees
125,000 Hilton Honors Bonus Points with the Hilton Honors American Express Ascend Card after you use your new card to make $2,000 in eligible purchases within the first 3 months of card membership.
3x points
17.99% to 26.99% variable
$95
Earn 125,000 Hilton Honors™ Bonus Points after you spend $2,000 or more in purchases with your new card within the first 3 months of card membership. Rates & Fees
10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months.
1x miles
17.99% to 26.99% variable
$0
Earn 10,000 bonus miles after spending $500 in purchases on your new card in your first 3 months of card membership. Rates & Fees
75,000 bonus points after you use your new card to make $3,000 in purchases within the first 3 months.
2x points
17.99% to 26.99% variable
$0 annual fee for the first year ($95 thereafter)
75,000 bonus points after you use your new card to make $3,000 in purchases within the first 3 months from account opening. Rates & Fees
1x points
16.99% variable
$195
Enjoy unique excursions, privileged access to exclusive events and insider opportunities.
1x points
16.99% variable
$495
Receive an annual $100 air travel credit toward flight-related purchases including airline tickets, baggage fees, upgrades and more.
2x points
16.99% variable
$995
Earn 2x points when redeemed for airfare through the Luxury rewards program.

Compare up to 4 providers

What should I know before I apply?

To apply for the card, you must be at least 18 years old and a US citizen or a permanent resident of the US.

You’ll also need to such provide information as:

  • Your full name and contact information.
  • Your date of birth and Social Security number.
  • Your financial information, including employment details and your annual income.

You can request a balance transfer with your application. And if you prefer communication in Spanish, you can select it as your preferred language.

If you have an existing Capital One account or had an account previously, you may not be eligible for the signup bonus.

What credit score do I need?

Apply with good to excellent credit score of 680 or higher. To get a higher credit line and a low APR, apply with an excellent credit score.

What do customers say about the VentureOne® from Capital One®?

Most customers are happy with the size of this card’s signup bonus and its credit line. Complaints revolve around high APRs some customers say they received.

Capital One earns an A+ from the Better Business Bureau, which accredited the bank in 1995.

How do I apply for the VentureOne® from Capital One® card?

  1. Go to the Capital One website and select the VentureOne® from Capital One® card from the list of travel cards. Click Apply now.
  2. Complete the application with your personal and financial details.
  3. Review and submit your application.

How long will it take to get my VentureOne® from Capital One® card?

Thanks to an automated approval system, Capital One usually makes a decision within 60 seconds. In some cases, it can take up to 10 business days.

After approval, your card arrives by mail within 10 business days.

I got the card. Now what?

  • Download the app. With the Capital One Mobile app, you can pay your bills or send money to your friends and family from your phone. If lose your card, lock your account through the app and unlock it when you find it. You can also get notifications for every transaction you make and more.
  • Pay on time. Pay your balance when it’s due to avoid paying late fees and unnecessary interest.
  • Get help. Call Capital One’s customer service at 800-227-4825 with any questions or issues.

Bottom line

If you’re looking for a simple, no-annual-fee travel card, the VentureOne® from Capital One® might be for you. You’ll earn unlimited miles on all purchases, with a generous 10x miles for purchases through the Hotels.com Venture website.

If you travel more often and you spend more money with your card, the Venture® from Capital One® could result in stronger rewards. Or compare other travel rewards cards to find the best fit for your needs and lifestyle.

Frequently asked questions

Images: Capital One

Kliment Dukovski

Kliment Dukovski is a writer who specializes in global financial markets and personal finance, with a focus on credit cards. His main goal is to deliver honest and accurate information to help you make the right financial decision. When he's not writing about finance-related subjects, he writes sci-fi stories.

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