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If you have excellent credit and want to start earning and redeeming travel rewards, the Capital One® Venture® Rewards Credit Card may be an ideal card for you. You will earn 2 miles per dollar on all purchases with no limits. Spend $3,000 on the card within the first 3 months, and you'll get a sweet 50,000 bonus miles. And you won't pay an annual fee the first year you have the card.
|Customer service contact info for Capital One|
1 (800) 227-4825Capital One
Attn: General Correspondence
P.O. Box 30285
Salt Lake City, UT 84130-0287
|Good standard rewards rate||Requires excellent credit|
|Generous introductory bonus miles offer||$95 annual fee after the first year|
|No foreign transaction fees|
|No annual fee for the first year|
Do you want a travel rewards credit card that offers flexibility? If so, you'll appreciate that the Capital One® Venture® Rewards Credit Card offers the option to redeem miles for both travel and non-travel expenses. This card lets you earn 2 miles per dollar spent on all purchases, with a 50,000-mile sign-up bonus when you spend $3,000 within the first 3 months of opening your account.
Earn a Sign-Up Bonus and Double Miles on all Purchases
As a new Venture® Rewards cardholder, you'll enjoy 50,000 bonus miles after spending $3,000 within 3 months of account opening. You also earn 2 miles per dollar on all purchases, with no limits on how many miles you can earn. This is very competitive with other top travel rewards cards.
When you're ready to use your miles, you can redeem them for 1 cent per mile toward travel reservations such as airfare, hotel, car rentals and cruises. Those 50,000 bonus miles equate to $500 in travel rewards—enough for round-trip airfare to plenty of destinations.
There are two ways you can redeem your miles for travel purchases. You can go to CapitalOne.com or contact the Rewards Center to book your flight, car rental or hotel and use your miles to pay, or you can use the Purchase Eraser feature to redeem miles for previous travel purchases within 90 days of purchase. Here's how Purchase Eraser works: Book your travel through the travel website, travel agent or other travel resource of your choice using your Capital One® Venture® Rewards Credit Card. Then go to CapitalOne.com or call the Rewards Center to redeem your miles and get an account credit for the cost of that travel purchase. This convenient feature gives you more flexibility on travel arrangements.
Want even more options? You can transfer your rewards miles to a Capital One airline partner—there are 15 to choose from. Don't have travel plans in the near future? You can redeem your miles for non-travel expenses or cash in the form of a check, account credit or gift card. Keep in mind that redemption rates for partners and non-travel expenses may vary.
There's no limit on how many rewards miles you can earn, and miles never expire as long as your account is open and in good standing.
Enjoy Valuable Travel and Shopping Benefits
Earning miles isn't the only travel perk the Capital One® Venture® Rewards Credit Card offers. In fact, you'll get an array of useful benefits that can help you on the road. For instance, get a credit of up to $100 toward your application for TSA PreCheck or Global Entry (which includes PreCheck) when you use your Venture® card to apply. If your credit card is lost or stolen on a trip, Capital One's 24-hour Travel and Emergency Assistance Services will provide an emergency replacement card and a cash advance.
You'll enjoy valuable coverage for travel-related mishaps too. Rent an eligible vehicle with your credit card and you'll be covered for damage due to collision or theft. That means you don't have to buy rental car collision insurance—savings that can quickly add up for frequent renters. When you use your Venture® Rewards credit card to buy your fare, you automatically get travel accident insurance for covered losses.
Whether you're traveling or staying close to home, the Venture® Rewards card offers access to premier dining, entertainment and sporting events. You can get early access, special VIP offers and discounts on a range of dining experiences, concerts and festivals, as well as on sporting events at Capital One Stadium in Washington, D.C. Check out upcoming and past experiences to see if these benefits appeal to you.
Get a Virtual Assistant and Additional Mobile App Features
The Capital One mobile app is available for iOS, Android and Apple Watch and offers a variety of convenience and security features. The app lets you view account activity and balances, pay bills, report fraud, instantly lock a lost or stolen card and set up a variety of notifications to help you keep tabs on your account. There's no need to type a password every time you want to check your account; instead, just choose from Face ID, Touch ID or SureSwipe options to quickly and securely access your account on your phone.
You also can use the mobile app to monitor your credit score with CreditWise. This is a free benefit of the Venture® Rewards card that alerts you when your TransUnion or Experian credit score changes. Being able to track changes to your credit score conveniently on your phone helps you make sure your excellent credit score stays that way.
When you use the Capital One mobile app, you can enlist its virtual assistant, Eno, to help monitor your card. Eno will alert you about potential fraud, unusually high recurring payments or duplicate charges on your card so you can correct them before they wreak financial havoc.
Eno also provides extra security when shopping online or paying bills online. Use Eno to generate virtual card numbers, specific to each merchant, you can use to pay for online purchases so you don't have to share your credit card number. If one of your virtual numbers is ever compromised, you'd just lock that number instead of canceling your credit card. Plus, you'll have 0% fraud liability on this card. If your card is ever defrauded, customer service is available 24/7.
Worried about missing a payment? Since timely payments are vital to maintaining a strong credit score, consider setting up autopay. You can have your Capital One® Venture® Rewards Credit Card payments made automatically each month from the bank account you select, so you never again have to sweat a payment due date.
No Annual Fee for the First Year
There is a $95 annual fee for the Capital One® Venture® Rewards Credit Card, but it's waived the first year and is competitive with those of other credit cards that offer flexible travel rewards you can transfer to airline miles. Speaking of fees, you'll pay no foreign transaction fees when you make purchases with this card outside the United States, which makes this card appealing if you've got an overseas trip in your future.
|Purchase APR: 17.49% - 24.74% (Variable), based on your creditworthiness||Grace period: 25 days|
|Transfer APR: 17.49% - 24.74% (Variable), based on your creditworthiness||Annual fee: $0 for the first year, $95 thereafter|
|Cash advance APR: 24.74%||Balance transfer fee: 3% of the amount of each transferred balance that posts to your account at a promotional APR; $0 for balances transferred at the Transfer APR|
|Cash advance fee: $10 or 3% of the amount of each cash advance, whichever is greater|
|Foreign transaction fee: $0|
|Late payment fee: Up to $39|
There's no fee to add an authorized user to your Venture® Rewards account, and it's easy to do. Your authorized user doesn't need to complete an application or undergo a credit check. You can add a spouse, children, a relative or even a trusted friend to the card. Add your housekeeper so they can use the card to buy your household's groceries, or your nanny so they can use the card to buy the kids ice cream or tickets to the zoo. You'll earn rewards points on the authorized user's purchases, which can significantly boost your rewards. Keep in mind that you're ultimately responsible for any charges an authorized user makes. Fortunately, you can set up real-time purchase alerts to help you keep an eye on their spending.
Is This Card Right for You?
Capital One has another offering, the Capital One® VentureOne® Rewards, that offers 1.25 miles per dollar spent with no annual fee. However, Capital One says if you spend $1,056 or more per month on everyday purchases, you'll get more rewards value from the Venture® Rewards even when considering the card's $95 annual fee.