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General knowledge

You carry a balance: If you don’t pay your card off in full each month, the interest rate is quite high. The APR on purchases and balance transfers is 17.24% – 24.49% (Variable), depending on your creditworthiness. And there is no 0% APR promotional period.

Your credit’s not that great: When it comes to travel credit cards, the better the rewards are, the better your credit score needs to be. This card is no exception; if your credit is less than stellar, you may not qualify.

Did you know: All Capital One cards holders have access to CreditWise – a service that allows you to monitor your credit score. It monitors recent inquires, new account openings, and credit utilization. This can help protect you from becoming a victim of identity theft.

Our Opinion: Is the Capital One Venture Rewards Worth It?

Our general opinion is yes – this is a great travel rewards cards. The 2x points on everything is hard to beat.

We also like that this card now gives you more options in how you redeem points.

If you’re more a casual traveler and just want something simple to use, you can still use this card to redeem against recent travel purchases. You simply book travel and then use your miles as statement credit. You can book on any airline or hotel, at any time. There are absolutely no restrictions on dates, seats, etc.

If you like maximizing rewards, you can also now transfer your miles to airline partners. Just be aware that since miles don’t transfer at 1:1 ratio, you’ll have to do some math to see if the redemption value is worth it.

How many Capital One miles do I need for a flight? This depends on the cost of your flight. The redemption value is 1 cent per mile. So this means if your flight costs $300, you will need 30,000 points. Earning 2 miles per dollar on all purchases, that means you would need to spend $15,000 to earn enough miles for your flight – not including the 50,000-mile bonus promo.

How the Venture Card Compares

To round out our review, we decided to compare the Venture card to some of its competitors. Take a look at how it stacks up against these travel rewards heavy-hitters.

If you want domestic transfer partners:

Chase Sapphire Preferred: This is a popular card for travelers because of its ability to transfer points to multiple travel partners (including United and Southwest). Points transfer at 1:1 ratio to all transfer partners. Even though Chase has less airline partners, you may find that the lineup is stronger, especially for domestic travelers.

Compared to the Capital One venture capital malaysia, medium.com, card, the Preferred’s reward structure isn’t as great. You get 2x points on travel and dining and 1x on all other purchases. But the real value is being able to transfer points, which could potentially make each point worth a lot more.

Purchase APR17.24% to 24.49% (Variable) based on your creditworthiness and other factors15.99% to 22.99% Variable based on your creditworthiness and other factors
Balance Transfers APR17.24% to 24.49% (Variable) based on your creditworthiness and other factors15.99% to 22.99% Variable based on your creditworthiness and other factors
Balance Transfer FeeNo balance transfer feeEither $5 or 5% of the amount of each transfer, whichever is greater.
Annual Fee$0 intro annual fee for first year; $95 after that$95 annual fee
Benefits and Features

Airline DealEarn a one-time bonus of 50,000 miles if you spend $3,000 on purchases within three months of account opening (worth $500 in travel).
Bonus Deal Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $750 toward travel when you redeem through Chase Ultimate Rewards
TravelEarn 2x miles per dollar on all purchases. Redeem your miles for travel purchases on any airline, hotel, or car rental.2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide.
AirlineEarn 2x miles per dollar on all purchases1:1 point transfer to leading airline and hotel loyalty programs
Hotel 1:1 point transfer to leading airline and hotel loyalty programs
Points 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Restaurant 2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Airline Transfer PartnersCapital One transfer partners include Aeromexico, Air Canada, Air France/KLM, Alitalia, Avianca, Cathay Pacific, Emirates, Etihad, EVA, Finnair, Hainan, Qantas, Qatar, and Singapore Airlines.Chase airline transfer partners include United Airlines, Southwest Airlines, JetBlue, British Airways, Air France, Singapore Airlines, Virgin Atlantic, Iberia, Emirates, and Aer Lingus.
Capital One Venture: Pricing information including interest rates, rewards, benefits and fees was obtained on January 6, 2020 from published websites and is believed to be accurate, but not guaranteed.

Read our detailed comparison of the two cards.

If you prefer cash back:
Capital One Quicksilver Cash Rewards Credit Card: Travelers who prefer cash back to miles or points may like the Quicksilver card. The card earns 1.5% unlimited cash back on every purchase, plus a $150 cash back bonus when you spend $500 in the first 3 months.

The Quicksilver card also has no annual fee and no foreign transaction fees.

Capital One Quicksilver

Introductory APR for PurchasesN/A0% intro on purchases for 15 months
Introductory APR for Balance TransfersN/A0% intro on balance transfers for 15 months
Purchase APR17.24% to 24.49% (Variable) based on your creditworthiness and other factors15.49% to 25.49% (Variable) based on your creditworthiness and other factors
Balance Transfers APR17.24% to 24.49% (Variable) based on your creditworthiness and other factors15.49% to 25.49% (Variable) based on your creditworthiness and other factors
Balance Transfer FeeNo balance transfer fee3% of the amount of each transfer that posts to your account within the first 15 months.
Annual Fee$0 intro annual fee for first year; $95 after that$0 annual fee
Benefits and Features

Cash Back Deal Earn a one-time $150 bonus if you spend $500 on purchases within three months of account opening.
Airline DealEarn a one-time bonus of 50,000 miles if you spend $3,000 on purchases within three months of account opening (worth $500 in travel).
Cash Back Earn 1.5% cash back on every purchase
TravelEarn 2x miles per dollar on all purchases. Redeem your miles for travel purchases on any airline, hotel, or car rental.
AirlineEarn 2x miles per dollar on all purchases
Airline Transfer PartnersCapital One transfer partners include Aeromexico, Air Canada, Air France/KLM, Alitalia, Avianca, Cathay Pacific, Emirates, Etihad, EVA, Finnair, Hainan, Qantas, Qatar, and Singapore Airlines.
Capital One Venture: Pricing information including interest rates, rewards, benefits and fees was obtained on January 6, 2020 from published websites and is believed to be accurate, but not guaranteed.

Capital One Quicksilver: Pricing information including interest rates, rewards, benefits and fees was obtained on January 6, 2020 from published websites and is believed to be accurate, but not guaranteed.

Disclaimer: The information for the Capital One Venture Rewards Credit Card and Capital One Quicksilver Cash Rewards Credit Card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Compare: Capital One Quicksilver and Chase Freedom Unlimited

If you want a travel rewards card with no annual fee:
Capital One VentureOne: For a no-annual fee version of this card, look no further than the VentureOne card. It works much the same way as the Capital One Venture, but the rewards are smaller. You’ll get 1.25x miles on all purchases with no limit on how many miles you can earn.

If you spend less than $1,056/month on your credit card, then it’s better to go with the VentureOne. You’ll be able to keep more rewards since there’s no annual fee.

Capital One Venture

Interest Rates and Fees

Introductory APR for PurchasesN/A0% intro on purchases for 12 months
Purchase APR17.24% to 24.49% (Variable) based on your creditworthiness and other factors14.49% to 24.49% (Variable) based on your creditworthiness and other factors
Balance Transfers APR17.24% to 24.49% (Variable) based on your creditworthiness and other factors14.49% to 24.49% (Variable) based on your creditworthiness and other factors
Balance Transfer FeeNo balance transfer feeNo balance transfer fee
Annual Fee$0 intro annual fee for first year; $95 after that$0 annual fee
Benefits and Features

Airline DealEarn a one-time bonus of 50,000 miles if you spend $3,000 on purchases within three months of account opening (worth $500 in travel).Earn a one-time bonus of 20,000 miles if you spend $1,000 on purchases within three months of account opening (worth $200 in travel)
TravelEarn 2x miles per dollar on all purchases. Redeem your miles for travel purchases on any airline, hotel, or car rental.Earn 1.25 miles per dollar on all purchases. Redeem your miles for travel purchases on any airline, hotel, or car rental.
AirlineEarn 2x miles per dollar on all purchasesEarn 1.25 miles per dollar on all purchases.
Airline Transfer PartnersCapital One transfer partners include Aeromexico, Air Canada, Air France/KLM, Alitalia, Avianca, Cathay Pacific, Emirates, Etihad, EVA, Finnair, Hainan, Qantas, Qatar, and Singapore Airlines.
Capital One Venture: Pricing information including interest rates, rewards, benefits and fees was obtained on January 6, 2020 from published websites and is believed to be accurate, but not guaranteed.

Capital One VentureOne: Pricing information including interest rates, rewards, benefits and fees was obtained on February 25, 2020 from published websites and is believed to be accurate, but not guaranteed.

Disclaimer: The information for the Capital One Venture Rewards Credit Card and Capital One VentureOne Rewards Credit Card has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.