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Apply online for Capital One® VentureOne® Rewards Credit Card
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Credit Needed
Excellent, Good

Capital One® VentureOne® Rewards Credit Card Review

Pros & Cons

  • Take advantage of earning 10 miles per $1 spent when you use your card to book stays on Hotels.com/Venture. Earn 1.25 miles per $1 spent on all your other purchases, every day.
  • All of the flexibility of the Capital One® Venture® Rewards Credit Card without the annual fee.
  • Opportunity to earn a great early spend bonus of 20,000 miles (equal to $200 in travel credit).

Top Features

Rewards
1.25 Miles per dollar on every purchase, every day.
Bonus Rewards
20,000 Miles once you spend $1,000 on purchases within 3 months from account opening
Regular APR
14.24% - 24.24% (Variable)
Annual Fee
$0

Full Review

Brooklyn Lowery Site Editor

Capital One® VentureOne® Rewards Credit Card Essentials

The Capital One® VentureOne® Rewards Credit Card rarely gets much attention outside of its own website since the big brother Capital One® Venture® Rewards Credit Card has stolen the spotlight through national ad campaigns. But the Capital One® VentureOne® Rewards Credit Card holds its own thanks to word-of-mouth and a not-ungenerous 1.25 miles per $1 spent on all your purchases. Sure, that's less than the better-known sibling's two-miles-per-$1 offer, but with no annual fee, the Capital One® VentureOne® Rewards Credit Card could be just the right "no-strings-attached" fit for a rewards-card seeker who just doesn't travel enough or spend enough on credit cards to justify an annual fee.

Plus, right now VentureOne® cardholders, just like Venture® cardholders, can earn 10 miles per $1 spent when they use their card to book a stay on Hotels.com/Venture. That's in addition to the Hotels.com rewards program through which you earn a free night stay for every 10 nights booked.

Most notable features of the Capital One® VentureOne® Rewards Credit Card

  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within three months from account opening, equal to $200 in travel.
  • Earn unlimited 1.25 miles per $1 on every purchase, every day, and pay no annual fee.
  • Earn 10 miles per $1 when you use your card to make bookings on Hotels.com/Venture.
  • Transfer your miles to over 12 leading travel loyalty programs.
  • Fly any airline, stay at any hotel, anytime.
  • Enjoy a 0 percent intro APR on purchases for 12 months (then, 14.24% - 24.24% (Variable)).
  • Travel when you want with no blackout dates.
  • Pay no foreign transaction fees.
  • Miles won't expire for the life of the account and there's no limit to how many miles you can earn.

What Our Editors Like Most About the Capital One® VentureOne® Rewards Credit Card

When we called the Capital One® VentureOne® Rewards Credit Card a "no strings attached" card above, we meant it.

While some rewards credit cards, particularly travel rewards cards, have an introductory no-annual-fee offer for the first year, many expect you to pay a fee every year after that. With the Capital One® VentureOne® Rewards Credit Card, this is something you'll never have to worry about, which means you don't need to work through the math of whether you'll earn enough rewards in a given year to offset the fee.

And though you might not earn as many miles per purchase as with the $95-per-year (fee is waived for the first year) Capital One® Venture® Rewards Credit Card, the Capital One® VentureOne® Rewards Credit Card does still allow you to rack up 1.25 miles for every $1 spent; offers a nice welcome offer of 20,000 miles after spending $1,000 in the first three months; and as an added bonus, has 0 percent interest APR on purchases for the first 12 months (then, 14.24% - 24.24% (Variable)). These perks, along with no annual fee ever, certainly make the Capital One® VentureOne® Rewards Credit Card one to not overlook.

Plus, if you do find yourself traveling abroad, you'll save a bundle since this card doesn't charge foreign transaction fees.

Potential Downsides of the Capital One® VentureOne® Rewards Credit Card

No annual fee is great, but those looking for a rewards card that will gain miles quickly might become frustrated with the 1.25 mile per $1 ratio. While the no annual fee perk makes the Capital One® VentureOne® Rewards Credit Card a great option for those who have time to work on their mile accumulation, those wanting to gain miles fast might want to consider a card with a higher mile-to-$1 ratio.

How the Capital One® VentureOne® Rewards Credit Card Compares to Other Rewards Credit Cards

Capital One® VentureOne® Rewards Credit Card vs. Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

Learn More

Do you and your family only have a couple long weekends on the horizon, or are you dreaming of a year of jetsetting? Choosing between the Capital One® VentureOne® Rewards Credit Card and the Capital One® Venture® Rewards Credit Card just requires you to know your annual "break-even point."

Both the Capital One® VentureOne® Rewards Credit Card and Capital One® Venture® Rewards Credit Card feature one-time bonus offers for new cardholders. The Capital One® VentureOne® Rewards Credit Card offers a one-time bonus of 20,000 miles once you spend $1,000 on purchases within the first three months, equal to $200 in travel, and the Capital One® Venture® Rewards Credit Card offers a one-time bonus of 50,000 miles once you spend $3,000 on purchases within the first three months, equal to $500 in travel.

If you are looking at bonus offers alone, the Capital One® Venture® Rewards Credit Card is a clear front-runner for the slot in your wallet reserved for a travel rewards card; however, if you don't spend very much on credit cards or don't travel that often, the Capital One® VentureOne® Rewards Credit Card becomes a better deal as the years pass.

Quick math estimates that, after the Capital One® Venture® Rewards Credit Card annual fee kicks in (it's $95 after the first year), you'll have to spend about $8,000 on the card every year to break even. If you're funneling every monthly expense, vacation charge and supermarket purchase to your travel rewards card, you'll hit that mark pretty quickly each year. If that's not for you, the Capital One® VentureOne® Rewards Credit Card gives you the ability to earn rewards for travel without spending a dime on annual fees.

Capital One® VentureOne® Rewards Credit Card vs. Discover it® Miles (This card is not currently available on CardRatings)

Similar to the Capital One® VentureOne® Rewards Credit Card, Discover it® Miles is a no-annual-fee card that has no blackout dates and allows you to travel any airline and stay anywhere at anytime. Though similar in that aspect, these two cards differ a bit when it comes to earning miles, as well as in rewards offers.

Instead of a mile earning rate of 1.25 miles for every $1 spent like you'll get with the Capital One® VentureOne® Rewards Credit Card, with Discover it® Miles you earn a little more at 1.5 miles for every $1 spent. Additionally, with Discover it® Miles cardholders can look forward to a mile-for-mile match on all the miles earned within the first year. So say you've earned 30,000 miles with your card in the first year, at the end of that year, Discover will match that number and you'll instead have 60,000 miles to use toward your travel plans. Basically, you earn three miles per $1 spent during your first year with Discover it® Miles. Not too shabby.

While this gives cardholders a great opportunity to rack up some serious miles, it might not be ideal for those wanting to cash in on rewards sooner rather than later since you have to wait until after your first year to receive the match. However, those in no hurry to redeem their miles could really benefit from this unique rewards offer.

Capital One® VentureOne® Rewards Credit Card vs. Barclaycard Arrival Plus® World Elite Mastercard®

Barclaycard Arrival Plus® World Elite Mastercard®

Learn More

If you're looking for a card with a similar welcome offer, or maybe something that'll gain you miles a little faster, the Barclaycard Arrival Plus® World Elite Mastercard® might be a worthy option to consider (See Rates and Fees).

Unlike the Capital One® VentureOne® Rewards Credit Card, the Barclaycard Arrival Plus® World Elite Mastercard® charges an $89 (waived first year) annual fee; however, with this card, cardholders will earn two miles for every $1 spent and will earn a 70,000-mile bonus after spending $5,000 on purchases within the first 90 days of account opening. That's enough to redeem for a $700 travel statement credit.

As an added bonus, as a Barclaycard Arrival Plus® World Elite Mastercard® cardholder, you will receive 5 percent of your miles back each time you redeem to use toward your next redemption. For example, if you redeem 70,000 miles (worth a $700 credit), you will receive 3,500 miles back to put toward your next redemption.

Though it has some nice reward offers, the downside of the Barclaycard Arrival Plus® World Elite Mastercard® is that annual fee, which might be off-putting to some, especially when comparing it the the no-annual-fee status you'll enjoy with the Capital One® VentureOne® Rewards Credit Card.

This is again a situation where you need to understand your spending habits and break-even point to determine whether the annual fee is worth it.

Who Should Get the Capital One® VentureOne® Rewards Credit Card?

The Capital One® VentureOne® Rewards Credit Card is a great option for those who are in no hurry to cash in on their miles, and who have some time to work on their mile accumulation while enjoying no annual fee. Plus, if you're just looking for a card that earns miles in the background while you go about your daily spending, this one won't disappoint thanks to its simple, flat-rate earning structure.

This page was last updated on February 01, 2019

This card compared to other travel rewards cards

Rewards
1.25 Miles per dollar on every purchase, every day.
Earn 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 you can earn as a World of Hyatt member
Earn 2 miles per $1 spent at restaurants, on hotel stays and on purchases from United. 1 mile per $1 spent on all other purchases
Bonus Rewards
20,000 Miles once you spend $1,000 on purchases within 3 months from account opening
Earn up to 50,000 Bonus Points - 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening. Plus an additional 25,000 Bonus Points after you spend a total of $6,000 on purchases within the first 6 months of account opening.
Earn 40,000 bonus miles after you spend $2,000 on purchases in the first 3 months your account is open
Regular APR
14.24% - 24.24% (Variable)
18.24% - 25.24% Variable 
18.24% - 25.24% Variable 
Annual Fee
$0
$95
$95
CardRatings.com Editorial Staff

Capital One® VentureOne® Rewards Credit Card details

Balance Transfer Intro APR
N/A
Balance Transfer Intro Period
N/A
Purchase Intro
APR:
0% intro on purchases
Period:
for 12 months
Regular APR
14.24% - 24.24% (Variable)
Annual Fee
$0

What Capital One says about this card

  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn 1.25X miles on every purchase, every day and pay no annual fee. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture
  • Transfer your miles to over 12 leading travel loyalty programs
  • Fly any airline, stay at any hotel, anytime
  • Enjoy a low intro APR on purchases for 12 months; 14.24%-24.24% variable APR after that
  • Travel when you want with no blackout dates
  • No foreign transaction fees
  • Miles won't expire for the life of the account and there's no limit to how many you can earn

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Highlighted offers
Currently available on the Capital One® VentureOne® Rewards Credit Card
20,000 Miles
Once you spend $1,000 on purchases within 3 months from account opening
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Apply online for The World Of Hyatt Credit Card

The World Of Hyatt Credit Card

  • Earn up to 50,000 Bonus Points - 25,000 Bonus Points after you spend $3,000 on purchases in the first 3 months from account opening
  • Earn an additional 25,000 Bonus Points after you spend a total of $6,000 on purchases within the first 6 months of account opening - free nights start at 5,000 points
  • Receive 1 free night every year after your cardmember anniversary at any Category 1-4 Hyatt hotel or resort
  • Earn an extra free night at any Category 1-4 Hyatt hotel or resort if you spend $15,000 during your cardmember anniversary year
  • Get automatic World of Hyatt Elite status for as long as your account is open and 5 qualifying night credits toward your next tier status every year
  • Earn 2 qualifying night credits towards your next tier status every time you spend $5,000 on your card
  • Earn 9 points total per $1 spent at Hyatt - 4 Bonus Points per $1 when you use your card at Hyatt hotels & 5 Base Points per $1 you can earn as a World of Hyatt member
  • Plus, earn 2 Bonus Points per $1 spent at restaurants, on airlines tickets purchased directly from the airlines, on local transit and commuting and on fitness club and gym memberships
Credit Needed:
Excellent, Good
Apply online for United℠ Explorer Card

United℠ Explorer Card

  • 40,000 bonus miles after you spend $2,000 on purchases in the first 3 months your account is open
  • $0 introductory annual fee for the first year, then $95.
  • Earn 2 miles per $1 spent at restaurants and on hotel stays
  • Up to $100 Global Entry or TSA Pre✔® Fee Credit
  • 25% back on United inflight purchases
  • Check your first bag for free (a savings of up to $120 per roundtrip) when you use your Card to purchase your ticket
  • Enjoy priority boarding privileges and visit the United Club℠ with 2 one-time passes each year for your anniversary
  • Earn 2 miles per $1 spent on purchases from United, and 1 mile per $1 spent on all other purchases
Credit Needed:
Excellent, Good