Capital One VentureOne Rewards Credit Card Review: Flexible Travel Rewards Made Simple

The Capital One VentureOne Rewards Credit Card stands out for travelers who want simplicity and freedom. Every purchase earns miles that can be easily redeemed toward flights, hotels, or other travel expenses—without blackout dates or complicated restrictions. With no annual fee and straightforward earning potential, it’s a strong option for those who prefer flexible, low-maintenance travel rewards.

Capital One VentureOne Rewards Credit Card
Top Features
Rewards
1.25 Miles per dollar on every purchase, every day. 5 Miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel.
Welcome Bonus
Earn $300 in travel bonuses with a limited-time $100 Capital One Travel credit, plus earn 20K bonus miles with $500 spend within 3 months from account opening - that's equal to $300 in travel
Annual Fee
$0
Key Features
LIMITED-TIME OFFER: Earn $300 in travel bonuses. Enjoy $100 to use on Capital One Travel in your first cardholder year, plus earn 20,000 bonus miles once you spend $500 on purchases within the first 3 months from account opening - that's equal to $300 in travel
$0 annual fee and no foreign transaction fees
Earn unlimited 1.25X miles on every purchase, every day
Miles won't expire for the life of the account and there's no limit to how many you can earn
Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
Use your miles to get reimbursed for any travel purchase-or redeem by booking a trip through Capital One Travel
Transfer your miles to your choice of 15+ travel loyalty programs
Enjoy 0% intro APR on purchases and balance transfers for 15 months; 18.99% - 28.99% variable APR after that; balance transfer fee applies
Editor Analysis:
Pros
Given that this card doesn't charge an annual fee, it's a great starter card for those looking to introduce a travel credit card to their wallet.
For a limited time, earn $300 in travel bonuses! Enjoy $100 to use on Capital One Travel in your first cardholder year, plus earn 20,000 bonus miles once you spend $500 on purchases within the first three months from account opening.
A travel rewards card with an intro 0% APR offer?! You read that right: This card offers an introductory 0% APR on purchases and balance transfers for 15 months from account opening (then, 18.99% - 28.99% (Variable); balance transfer fee applies).
Cons
If you plan to spend $5,000 or more annually, the Capital One Venture Rewards Credit Card may be a better choice to earn greater rewards.

Citi Double Cash® Card

Credit Score: Excellent, Good
Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, earn 5% total cash back on hotel, car rentals and attractions booked with Citi Travel.
Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 17.99% - 27.99%, based on your creditworthiness.
Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
Capital One VentureOne Rewards Credit Card rewards

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.

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

Enjoy a limited-time offer of $300 in travel bonuses! Enjoy $100 to use on Capital One Travel in your first cardholder year, plus earn 20,000 bonus miles once you spend $500 on purchases within the first three months from account opening.
Earn unlimited 1.25 miles per $1 on every purchase, every day, and pay no annual fee.
Earn 5X miles on hotels, vacation rentals, and car rentals booked through Capital One Travel.
Transfer your miles to multiple leading travel loyalty programs.
Fly any airline, stay at any hotel, anytime.
Enjoy a 0% intro APR on purchases and balance transfers for 15 months (then, 18.99% - 28.99% (Variable); balance transfer fee applies).
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.
Capital One VentureOne Rewards Credit Card benefits

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 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 limited-time offer of $300 in travel bonuses! Enjoy $100 to use on Capital One Travel in your first cardholder year, plus earn 20,000 bonus miles once you spend $500 on purchases within the first three months from account opening; and as an added bonus, has introductory 0% interest APR on purchases and balance transfers for the first 15 months (then, 18.99% - 28.99% (Variable); balance transfer fee applies). These perks, along with no annual fee ever, certainly make the Capital One VentureOne Rewards Credit Card one to not overlook.

There are also a number of travel benefits offered with this card. Capital One VentureOne Rewards Credit Card holders have access to travel assistance services, auto rental insurance, and more. There are also no foreign transaction fees associated with this card, making it a great international companion as well.

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.

Disclaimer:The information in this article is believed to be accurate as of the date it was written. Please keep in mind that credit card offers change frequently. Therefore, we cannot guarantee the accuracy of the information in this article. Reasonable efforts are made to maintain accurate information. See the online credit card application for full terms and conditions on offers and rewards. Please verify all terms and conditions of any credit card prior to applying.

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For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.