The Capital One VentureOne Rewards Credit Card is what you might call an entry-level travel credit card. The VentureOne Rewards card is a credit card with no annual fee that offers an unlimited 1.25 Capital One miles per dollar on every purchase—giving you a flexible way to earn and redeem travel benefits without having to pay an upfront cost.
But are the Capital One VentureOne card benefits worth it? How does the VentureOne Rewards card compare to travel credit cards that charge annual fees—and are the extra travel benefits you might get from a credit card with an annual fee worth the cost?
Let’s take a look at the Capital One VentureOne Rewards card, including the VentureOne card benefits and how the VentureOne Rewards card stacks up against other top travel credit cards.
Capital One VentureOne card benefits
What kind of benefits can you expect with the Capital One VentureOne Rewards card? The VentureOne card offers a number of benefits and perks, including these highlights:
- Unlimited 1.25X miles per dollar on every purchase
- 5X miles per dollar on hotels and rental cars booked through Capital One Travel
- 20,000 bonus miles if you spend $500 in the first three months
- Access to money-saving programs, like Capital One Shopping, and credit-building programs, like CreditWise
Now here’s a closer look at everything the Capital One VentureOne card has to offer:
Want unlimited rewards no matter what you buy? The Capital One VentureOne Rewards card offers an unlimited 1.25 miles per dollar on everything you buy. Not only does this flat-rate rewards card give you the same benefits whether you’re buying groceries, gas or plane tickets, but the Capital One miles program also offers extremely flexible rewards redemption options. You can turn your miles into statement credits, transfer them to more than 15 hotel and travel partners or use your miles to cover purchases you make with PayPal or Amazon.com.
Savvy cardholders know that one of the best ways to earn rewards is by taking advantage of a credit card’s welcome offer. The VentureOne Rewards card offers new cardholders 20,000 bonus miles if they spend $500 in the first three months after opening their account—and those bonus miles can be worth as much as $200 if you redeem them for travel booked through Capital One.
Capital One Shopping
Want to save money while you shop online? Use Capital One Shopping to automatically track coupons, price comparisons and more. When you download the Capital One Shopping app or add the Capital One Shopping extension to your Chrome browser, Capital One will begin searching for coupon codes and sending you price-drop alerts. Capital One Shopping will even file a price drop claim on your behalf if you buy something right before the price lowers.
Plus, VentureOne Rewards cardholders can earn Capital One Shopping Credits by linking their VentureOne Rewards card to the Capital One Shopping app and using the card at checkout. Shopping Credits are only available on select purchases, but they can still add up—which is why we recently listed Capital One Shopping as one of the best cash back apps for saving money.
CreditWise from Capital One
Whether you’re trying to improve your credit score or simply keeping an eye on your credit, you’ll want to sign up for CreditWise from Capital One. This free credit monitoring app is one of our favorite credit monitoring services because it not only tracks changes to your credit score but also monitors your personal and financial information for any potential security breaches.
Want to know how to take your credit score to the next level? CreditWise can help, and you’ll get real-time updates as your credit improves. Want to know if your email address recently appeared on the dark web? CreditWise will let you know. CreditWise will also let you know what you might want to do next to keep your accounts safe.
$0 fraud liability
If you experience fraudulent activity on your Capital One VentureOne Rewards credit card account, rest assured that you won’t be liable for any unauthorized charges. The VentureOne card comes with $0 fraud liability, which means you won’t be responsible for paying any fraudulent or unauthorized charges made on your VentureOne credit account, and this benefit applies whether your credit card is lost or stolen.
When applying for the VentureOne, Capital One will review your credit history and application to determine your credit line, which will also determine whether you receive a Visa Signature or Visa Platinum card. If you are approved for the Visa Signature version of the VentureOne card, you may also have access to travel accident insurance, auto rental collision damage waiver and extended warranty benefits. Check the terms and conditions from Capital One for details about what applies for your card.
Are the VentureOne benefits worth it?
Is the Capital One VentureOne Rewards card worth it? It depends. If you want a flat-rate rewards card with no annual fee, the VentureOne Rewards card is a good way to earn miles on everything you buy and redeem those miles for everything from travel bookings to Amazon.com purchases.
If you’re looking for a top travel credit card, the Capital One VentureOne card might not be your best option. Although the VentureOne Rewards card includes a number of benefits designed to help you save money and build your credit, the Capital One VentureOne card travel benefits are fairly limited. You don’t get any of the benefits that are standard with many of the best travel credit cards, such as TSA PreCheck and Global Entry application credits and airport lounge access. Using the VentureOne Rewards card to earn and redeem Capital One Miles gives you plenty of flexibility, but it probably won’t do much to improve your next travel experience.
If you want a Capital One credit card that offers a few more travel perks, you might consider the Capital One Venture Rewards Credit Card instead. Although these two cards have similar names, they each come with a different set of rewards and benefits. In exchange for a $95 annual fee, the Venture Rewards card gives you an unlimited 2 miles per dollar on every purchase—plus, you’ll get to take advantage of a few more travel benefits, including an automatic statement credit to cover the cost of your TSA PreCheck or Global Entry application.
You may also wish to consider the Chase Sapphire Preferred Card. This entry-level travel credit card includes a few top-level travel benefits, including the opportunity to earn a welcome bonus of 60,000 bonus points when you spend $4,000 in the first three months, worth $750 toward travel when redeemed through Chase Ultimate Rewards.
Like the Capital One Venture card, the Chase Sapphire Preferred comes with a $95 annual fee—so if you want to avoid an annual fee more than you want a few more travel benefits, you’ll probably want to stick with the VentureOne Rewards card.
The bottom line
The Capital One VentureOne Rewards card is a credit card with no annual fee that offers a few basic travel benefits, including the ability to earn and redeem Capital One Miles. If you’re looking for a good starter travel card—or if you simply want a low-cost card—the VentureOne Rewards card might be a good choice. If you’re hoping to get a little more out of your travel credit card, you might decide that the Capital One VentureOne card travel benefits aren’t enough. Use our guide to make the choice that is best for you, your finances and your next trip or vacation.