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Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card is a popular travel rewards card, actually designed for frequent travellers. For every dollar spent, pretty straightforward, you get 2 miles, although each mile is worth of $0.01 (For example 15,000 miles is worth $150 towards travel expenses). Good thing is that you can collect unlimited amount of earnings, which will not expire, so there is no urgency to redeem miles before some period will end.

Credit quality necessary applying for this card:

For the first year: $0, after that: $59 Variable* 13.9% — 20.9% Intro APR: N/A
Intro period: N/A
Intro APR: N/A
Intro period: N/A

Great Signup Bonus

Capital One Venture, like other travel rewards cards, has a signup bonus, which is very good, when comparing with other cards. After spending $3,000 in purchases in the first 3 months, you get 40,000 miles worth of $400.

What About Fees?

There is no annual fee for the first year, after that it will be $59. You can cancel this annual fee if you are spending at least $3,000 per year. On the other hand, if you spend more than $3,000 , the amount of excess will be doubled and turned into miles, for example if you spend $10,000 per year, you will get $10,000 – $3,000(amount for cancelling annual fee) * 2 = 14,000 miles, which can be redeemed for $140.

It is a good idea to put all purchases on this card, if you are planning a vacation, so you can use your rewards and spend as little as possible on travel expenses, whereas there is no foreign transaction fee. If you are travelling a lot, then you might consider about applying for this card and start collecting your earnings.

Track Your Credit Card

Capital One® Venture® Rewards Credit Card provides free credit card tracker for tracking your credit score, and various helpful tools, like what-if kind of simulator, where you can predict various situations.

  • Great Rewards Program
  • Redeem Miles not only for Travel Expenses
  • Great Sign Up Bonus
  • No Foreign Transaction fee
  • No limits for earning miles
  • High interest rates
  • Smaller Signup bonus