The Capital One VentureOne Rewards card offers a surprising number of additional perks for a card that doesn’t ask for an annual fee. It can be easy to slip into credit card debt. That said, try not to buy anything you normally wouldn’t just because of the introductory APR offers. You can charge the cost to your card and then pay it down while avoiding interest. But that pales in comparison to the money you could end up paying in interest charges on another credit card.Īn introductory purchase APR is a great tool to use if you have any trips planned. So if you transfer a balance within the 15 months, you’ll pay a 3% balance transfer fee. Banks make much more money through periodic interest charges at the standard APR than by charging a one-time balance transfer fee. However, don’t let the lack of balance transfer fee after the promotional period encourage you to make unnecessary balance transfers. There is a 3% balance transfer fee during the promotional period, but after that period, there’s no fee to transfer a balance. The VentureOne offers cardholders the opportunity to transfer a balance from another card that’s accruing interest, or make a large, planned purchase, and pay it down at 0% introductory interest for 15 months (then 19.74% to 29.74% variable). Introductory purchase and balance transfer offer The welcome bonus would equate to $200 if you redeem for past travel purchases, which might cover a night or two at a hotel or even a plane ticket depending on where you’re headed. If you have any planned trips coming up, you could use the card to cover it, and then in return use the bonus miles to fund a part of the trip. The VentureOne offers a welcome bonus of 20,000 bonus miles for spending $500 on purchases within the first three months with the card.

If you can use it for your hotel and rental car you should, but it also wouldn’t be a bad idea to shop around and compare prices. You can book your hotel, rental car and airline through this platform, but you’ll only earn 5x miles per dollar for hotels and rental cars with the VentureOne.Ĭardholders are able to cancel their flights for any reason, get price-drop protection, price match capabilities, and compare prices among hotels and airfare. Capital One TravelĬapital One Travel is Capital One’s travel portal for its cardholders. So while Capital One doesn’t have partnerships with many US airlines, international travelers may want to consider transferring miles to find better value. Transfer ratio (Capital One mile:Partner mile) Take a look at all of Capital One’s hotel and airline partners, and the transfer ratios to each: Travel partner Depending on the transfer ratio, it will likely be worth the extra effort. While redeeming for past travel purchases is the easiest option - and a good way to secure a solid return on your travel spending - you could find an even better per-mile value by transferring your miles to one of Capital One’s travel partners. The other redemption options will likely provide a lower per-mile value.Įligible past travel expenses include airlines, hotels, rail lines, car rental agencies, limousine services, bus lines, cruise lines, taxi cabs, travel agents and timeshares. Miles are worth 1 cent so long as you redeem for past travel expenses. Past travel expenses made within 90 days.You won’t have to worry about your miles expiring for the life of the account once you’ve earned them, either.Īfter earning your miles, you can redeem them for: In addition to its simple structure of 1.25x miles for most purchases, cardholders can earn 5x miles for hotels and rental cars booked through Capital One Travel. The rewards offered by the VentureOne are impressive, considering its lack of an annual fee. However, because it doesn’t feature any annual travel credits, airport lounge access or, for example, a Global Entry/TSA PreCheck application fee credit, it’s best used by those who only travel a handful of times each year. There are no foreign transaction fees either, so you can use the card outside of the US without worrying about additional costs. The card’s perks are more impressive than most travel cards with no annual fee, as they include a few travel protections like travel accident insurance** and auto rental collision damage waiver**. It’s a straightforward travel credit card that you can use to earn 1.25x miles per dollar on every purchase, with a greater reward rate for hotels and rental cars booked through Capital One Travel. The Capital One VentureOne Rewards Credit Card* offers a good opportunity to bolster your travels with decent rewards and surprisingly useful perks for a card with no annual fee. Earn unlimited 1.25X miles on every purchase, every day.

Capital one venture card