If you’re in search of a travel card, you are bound to come across VentureOne® Rewards and Venture® Rewards 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® Rewards in this article, alongside offering a comparison to its sibling Venture®.
Introduction to Capital One® VentureOne® Rewards
Capital One® VentureOne® Rewards 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 $500 on purchases within three months of account opening.
You must spend approximately $168 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.
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 the Capital One® 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® Rewards Introductory APR Offer
If you are looking to make a large purchase then you would be interested in a VentureOne® Rewards credit card, as you can get a 0% intro APR for the first 12 months, and thereafter 15.49% – 25.49% variable APR rate would be applicable.
So far, we have seen all the important features offered by VentureOne®.
A quick comparison between Capital One® VentureOne® Rewards and Capital One® Venture® Rewards
|Venture® Rewards||VentureOne® Rewards|
|$95 Annual Fee||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 $3000 on purchases within 3 months of account opening||One-time 20,000 bonus miles after you spend $500 on purchases within 3 months of account opening|
|Receive $100 credit for Global Entry or TSA PreCheck fee||Not Available|
|No Intro APR offer||0% intro APR for 12 months; 15.49% – 25.49% variable APR after that period|
|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 PreCheck with Venture® which is why there is an annual fee for Venture card.
Earning the bonus miles on VentureOne® Rewards 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.