VentureOne Rewards from Capital One
The Capital One VentureOne Rewards Credit Card offers a rare combo of travel miles, zero annual fee, and global usability, making it a perfect entry-level travel card. It won’t get you into airport lounges, but it’ll get you off the ground — and into the world of miles, rewards, and smart travel habits. If you want to start earning miles without overthinking your spending or worrying about fees, VentureOne is a great way to go.
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Key Highlights
- 1.25X miles on every purchase
- No annual fee
- 20,000-mile welcome bonus
- 0% intro APR on purchases
- Flexible redemption with no blackout dates
The VentureOne Rewards Credit Card from Capital One is a lightweight, low-maintenance travel card for people who want to dip into miles without juggling fees or complex categories. It’s a no-annual-fee sibling of the Venture Rewards Card, ideal for beginners or occasional travelers.
You earn miles on everything, redeem them flexibly, and enjoy international usability without foreign transaction fees — all at zero yearly cost.
- Earn 20,000 bonus miles after spending $500 in the first 3 months
- That equals $200 in travel
- Great for someone new to rewards cards or planning an affordable trip soon
The low spend requirement makes this offer very attainable for most users.
- 1.25X miles per dollar on every purchase
- 5X miles on hotel and rental car bookings via Capital One Travel
- No categories, caps, or tracking — just swipe and earn
While the 1.25X rate is lower than the Venture’s 2X, it’s consistent and still rewarding for a no-fee card.
- Use miles to erase travel purchases (statement credit)
- Book directly through the Capital One Travel portal
- Transfer miles to 15+ airline and hotel partners for higher value
- Also redeem for gift cards or cash, but best value comes via travel
Redemption is easy, flexible, and stress-free — especially for new cardholders.
- 0% intro APR for 15 months on purchases
- Then a variable APR of 19.99% – 29.99%
Ideal if you want to spread out payments on travel or larger expenses
This makes the card double as a financial planning tool, not just a travel reward card.
- Use it abroad without worrying about a 3% charge
- Works everywhere Visa is accepted
- Great for first-time international travelers or students studying abroad
- Virtual card numbers via Eno® for safe online spending
- Real-time alerts, fraud coverage, and mobile banking access
- Contactless payment and mobile wallet compatibility (Apple Pay, Google Pay, etc.)
You get all the modern fintech conveniences, without the complexity.
- Lower earning rate (1.25X) compared to premium travel cards
- Fewer luxury perks or protections (no lounge access, no Global Entry credit)
- Not ideal for frequent travelers or rewards maximizers
- Miles are worth 1 cent per point unless transferred to a partner
- Beginner travelers who want to earn miles with no annual fee
- People who prefer simplicity and low commitments
- Users looking for interest-free purchasing power
- Cardholders who want to test the waters of the Capital One travel ecosystem