If you’re in search of a travel card, you are bound to come across VentureOne and Venture card from Capital One. Both the cards are in the travel category, yet they cater to different users needs in this segment. We will be exploring the benefits of VentureOne in this article, alongside offering a comparison to its sibling Venture.
Introduction to Capital One VentureOne
VentureOne is a good card for light travelers, who would like to accumulate miles with moderate spending and do not want to be burdened with a hefty annual fee. The VentureOne as a starter travel card has an attractive introductory bonus of 20,000 bonus miles when you spend $1000 on purchases within three months of account opening.
You must spend approximately $334 on purchases each month, during the first three months of account opening to receive 20,000 miles. The spending limit is not set too high, so the miles accumulation is possible in the beginning.
Earning Ultimate Rewards
You get 1.25 miles per dollar for each purchase, there is no cap on collectible miles, and no expiry of miles as far as your account is in good standing.
You can earn 10x miles only when you book through hotels.com/venture using a VentureOne card, this offer is available until January 31, 2020. The 10x miles will take up to two billing cycles to be posted to your account. If you are an existing hotels.com rewards member then you may also be eligible for the rewards points from them for your stay.
No Foreign Transaction Fee
All your travel plans may not be within the United States, for those trips that are planned abroad, VentureOne has you covered as you won’t have to pay a foreign transaction fee on your purchases.
Easy Miles Redemption
Many options to redeem the miles is as important feature as ease of miles accumulation. You can book your travel from your favorite sites and yet get them redeemed against your miles using the purchase eraser option.
Another way to redeem your points is by making a direct travel booking through CapitalOne site or by calling the rewards center.You can also opt to redeem the miles for a gift card, check or a statement credit.
Transfer Miles to Travel Programs
Capital One has fifteen airline partners to whom you can transfer your miles and pay for your next ticket. Before transferring your points to a loyalty program, you must check the redemption value that you would receive, to maximize the benefits of your miles.
|AirCanada (Aeroplan)||Air France/ KLM||Aeromexico||Alitalia|
|Qantas||Qatar Airways||Singapore Airlines|
Capital One VentureOne Introductory APR Offer
If you are looking to make a large purchase then you would be interested in VentureOne credit card, as you can get a 0% intro APR for first 12 months, and thereafter a variable APR rate would be applicable (14.24% – 24.24%).
So far, we have seen all the important features offered by VentureOne.
A quick comparison between Capital One VentureOne and Capital One Venture
|Venture Rewards||VentureOne Rewards|
|$0 for the first year, afterward $95||No Annual Fee|
|2x miles per dollar on every purchase||1.25 miles per dollar on every purchase|
|One-time 50,000 bonus miles after you spend $3,000 on the purchases within 3 months of account opening||One-time 20,000 bonus miles after you spend $1,000 on the purchases within 3 months of account opening|
|10x miles on hotel booking through hotels.com/Venture||10x miles on hotel booking through hotels.com/Venture|
|Receive $100 credit for Global Entry or TSA Pre? fee||Not Available|
|17.99% – 25.24% variable Purchase APR||0% intro APR for 12 months; there after 14.24% – 24.24% variable Purchase APR|
|Balance Transfer 17.99% – 25.24% variable APR; No Transfer Fee|| Balance Transfer 14.24% – 24.24% variable APR; No Transfer Fee|
|No Foreign Transaction Fees||No Foreign Transaction Fees|
|Travel Accident Insurance||Travel Accident Insurance|
|Extended Warranty||Extended Warranty|
|Auto Rental Collision Damage Waiver||Auto Rental Collision Damage Waiver|
|24-Hour Travel Assistance Services||24-Hour Travel Assistance Services|
|$0 Fraud Liability||$0 Fraud Liability|
|Card Lock Feature||Card Lock Feature|
|Security Alerts||Security Alerts|
While both these cards offer similar benefits from VISA or MasterCard, the key difference is that you earn more miles per dollar with Venture, the bonus miles are higher and you can receive a credit for Global Entry or TSA PRE check with Venture which is why there is an annual fee for Venture card.
Earning the bonus miles on VentureOne is far easier. You also get intro APR for your purchases with VentureOne, which you miss out if you choose Venture. No Annual Fee is a bonus.
Depending upon your travel requirements you can choose either of the cards. If you do not want to pay an annual fee then VentureOne is the card for you. You need to have a good credit score to be eligible for a VentureOne card.