Overview
Capital One Venture One Card Snapshot
Annual Fee: $0
Recommended FICO Score: 680 – 850
Interest Rate: 14.99% – 24.99%
SignOn Bonus: 25,000 points after spending $500 in first 3 months
Card Type: Rewards
Best For: Travel and everyday spending
The Capital One Venture One credit card is a no-fee/no-frills credit card that can be used to accumulate reward points at an average rate. This card is probably aimed for people who are trying to build or re-establish their credit, even so I’d recommend you do some card comparison against other no-fee cards for better rewards.
Reward Offering
The Sign On Bonus
The Capital One Venture One card has a 25,000 bonus miles (equal to $250 towards travel) once you spend $500 on purchases within the first 3 months from account opening.
Reward Multiplier
5x
5x miles on hotels and rental cars booked through Capital One Travel.
1.25x
Earn 1.25x miles on all other purchases.
Other Benefits
Transfer your miles to your choice of 15+ travel loyalty programs.
Travel Accident Insurance, Auto Rental Collision Damage Waiver and Extended Warranty.
No foreign fee transactions.
Transferring Miles To Partner Programs
The Capital One Venture card has a simplified redemption schedule between most of partners at a 1:1 transfer ratio (the exception being Accor and Eva Air). The below table summarizes the transfer ratio between Capital One and its partners:
| Capital One Transfer Partner | Transfer Rate | Transfer Time |
|---|---|---|
| Accor | 2:1 | Up to 48 hours |
| Aeromexico | 1:1 | Instant |
| Air Canada | 1:1 | Instant |
| Air France KLM | 1:1 | Instant |
| Avianca | 1:1 | Instant |
| British Airways | 1:1 | Instant |
| Cathay Pacific | 1:1 | Up to 48 hours |
| Emirates Airlines | 1:1 | Instant |
| Etihad | 1:1 | Up to 48 hours |
| EVA Air | 2:1.5 | Up to 48 hours |
| Finnair | 1:1 | Instant |
| Qantas | 1:1 | Up to 48 hours |
| Singapore Airlines | 1:1 | Up to 48 hours |
| TAP Air Portugal | 1:1 | Instant |
| Turkish Airlines | 1:1 | Up to 48 hours |
| Wyndham Hotels & Resorts | 1:1 | Instant |
Who Is This Card Suited For
This card would be ideal for someone who travels infrequently (maybe once or twice a year). They are looking for a low cost (no-fee) card to accumulate enough points for one free ticket a year and does not need any additional travel perks. This card would also be good for anyone looking to sustain or build their credit.
Key Benefits:
- A simple reward system.
- Ability to transfer miles to partner programs.
- No foreign transactions.
- No annual fee.
Key Drawbacks:
- Weak rewards.
Card Fees And Expenses
| Annual Fee | $0 |
| Foreign Transaction Fee | $0 |
| Interest Rates | 0% intro APR for 18 months; 14.99% - 24.99% variable APR after that |
| Late Fees | up to $40 |
| Balance Transfers | 0% intro APR for 18 months; 14.99% - 24.99% variable APR after that; 3% fee on the amounts transferred within the first 18 months |
| Cash Advance | Either $10 or 3% of the amount of each cash advance, whichever is greater. 24.99% APR |
