The Capital One VentureOne Rewards Credit Card earns transferrable miles, which is a stand-out benefit for a no-annual-fee card.
- 5 miles per dollar on hotel and rental cars booked through Capital One Travel
- Miles never expire for the life of the account
- No Global Entry or TSA PreCheck statement credit offerings
- No airport lounge access
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- $0 annual fee and no foreign transaction fees
- Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
- 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 and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options
- 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; 19.24% – 29.24% variable APR after that; balance transfer fee applies
Balance transfer fee
3% for the first 15 months; 4% at a promotional APR that Capital One may offer you at any other time
Capital One VentureOne Rewards Card review
Welcome bonus
Benefits and perks
- Concierge*: Enjoy 24/7 assistance booking travel, restaurant reservations, finding that perfect gift and more
- Travel Assistance Services*: Available 24/7 to help connect you with local emergency and assistance resources when you’re away from home
- Extended Warranty*: Doubles the original manufacturer’s warranty, up to a maximum of twenty-four (24) months, for eligible items purchased with your card
- Auto Rental Insurance*: Use your card to rent an eligible vehicle and you may be covered for physical damage to the vehicle
- No foreign transaction fees
Capital One also provides a credit score and report dashboard, CreditWise®. It’s free to use, and anyone can join — you don’t need a Capital One account. With CreditWise, users can learn more about the key factors that impact their credit scores, get email alerts whenever their credit score changes and monitor their credit information.
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How to earn and redeem miles
Earning Capital One miles
You’ll earn miles at the following rates:
- 1.25 miles per dollar on every purchase
- 5 miles per dollar on hotels and rental cars booked through Capital One Travel
While 1.25X isn’t the highest return on everyday purchases, it’s still above the usual 1X return. However, the VentureOne’s 5X return on eligible hotel and rental car bookings is strong.
Redeeming Capital One miles
The miles you earn with your Capital One VentureOne Rewards card can be used in a few different ways, such as:
- Booking travel through Capital One Travel
- Covering recent travel purchases
- Shopping at Amazon or through PayPal
- Getting gift cards
- Redeeming for cash back
- Reserving exclusive tickets, event access and perks through Capital One Entertainment
Miles are worth a flat one cent apiece when redeemed as a statement credit for past travel purchases or to book new travel reservations through Capital One Travel. Statement credit redemptions apply to all sorts of travel purchases, from flights and hotels to cruises and public transit, but must be made within 90 days from the date your travel purchase posts to your account. You may want to avoid the non-travel redemptions, such as redeeming for gift cards or Amazon purchases, since they typically yield lower values.
To potentially get outsized value of your miles, consider booking travel through Capital One’s transfer partners. Capital One offers 15 airline transfer partners with a 1:1 conversion ratio (unless noted):
- Aeromexico Club Premier
- Air Canada Aeroplan
- Air France-KLM Flying Blue
- Avianca LifeMiles
- British Airways Executive Club
- Cathay Pacific Asia Miles
- Emirates Skywards
- Etihad Guest
- EVA Air Infinity MileageLands (2:1.5 ratio)
- Finnair Plus
- Qantas Frequent Flyer
- Singapore Airlines KrisFlyer
- TAP Air Portugal Miles&Go
- Turkish Airlines Miles&Smiles
- Virgin Red
Capital One also has three hotel transfer partners with a 1:1 conversion ratio (unless noted):
- ALL Accor Live Limitless (2:1 ratio)
- Choice Privileges®
- Wyndham Rewards
Transfering your Capital One miles to airlines or hotel partners can help you get more value from your rewards. For instance, you can transfer your Capital One miles to Turkish Airlines and book any domestic United flight for just 10,000 miles one way, whereas 10,000 miles would only get you a flight worth $100 through the Capital One Travel portal. If you’re looking to travel internationally, you can book flights to Europe through Avianca LifeMiles from just 35,000 miles one-way in economy or 70,000 miles in business class.
You can transfer your miles by signing into your Capital One account, selecting “View Rewards” and linking your loyalty accounts. It’s important to note that transfers are irreversible, so we recommend only transferring miles once you have a specific redemption in mind.
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Rates and fees
Card comparison
Capital One VentureOne Rewards vs. Discover it® Miles
The Discover it® Miles is a rewarding credit card for everyday purchases, especially when you consider that it has no annual fee.
- Generous intro-APR offer applies to purchases and balance transfers
- Straightforward rewards program makes earning and redeeming miles easy
- No annual fee
- No meaningful travel perks, such as airport lounge access or travel credits
- No bonus rewards for travel spending
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
Highlights
- Unlimited Bonus: Unlimited Mile-for-Mile match for all new cardmembers—only from Discover. Discover gives you an unlimited match of all the Miles you’ve earned at the end of your first year. There’s no signing up, no minimum spending or maximum rewards. Just a Miles-for-Miles match. You could turn 35,000 Miles to 70,000 Miles.
- Automatically earn unlimited 1.5x Miles on every dollar of every purchase
- No annual fee
- Turn Miles into cash. Or redeem as a statement credit for your travel purchases like airfare, hotels, rideshares, gas stations, restaurants and more.
- 0% intro APR for 15 months on purchases. Then 18.24% – 27.24% Standard Variable Purchase APR will apply.
- Discover could help you reduce exposure of your personal information online by helping you remove it from select people-search sites that could sell your data. Activate by mobile app for free.
- Discover is accepted nationwide by 99% of the places that take credit cards.
- Terms and conditions apply.
Balance transfer fee
3% intro balance transfer fee, up to 5% fee on future balance transfers (see terms)*
The biggest difference is that there’s no way to get outsized value from your Discover miles. Unlike Capital One, Discover doesn’t have transfer partners, so you’re limited to fixed-rate redemptions like a travel credit or cash back. The VentureOne also offers additional perks like the rental car coverage and extended warranty protection.
If you’re looking for a simple rewards program, the Discover it Miles could be a good fit, but if you’re willing to explore transfer partner options and can maximize the card’s 5X bonus categories, you may get more value with the Capital One VentureOne Rewards Card.
Learn more: Discover it® Miles
Capital One VentureOne Rewards vs. Citi Double Cash® Card
The Citi Double Cash® Card is one of the best no-annual-fee cash-back cards thanks to its straightforward rewards structure.
- Long intro-APR for balance transfers
- High flat-rate cash-back rewards structure
- No annual fee
- Has a foreign transaction fee
- Intro APR doesn’t apply to purchases
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- 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, a special travel offer, earn 5% total cash back on hotel, car rentals and attractions booked on the Citi Travel℠ portal through 12/31/25.
- Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 18.24% – 28.24%, 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).
Balance transfer fee
For balance transfers completed within 4 months of account opening, an intro balance transfer fee of 3% of each transfer ($5 minimum) applies; after that, a balance transfer fee of 5% of each transfer ($5 minimum) applies
Foreign transaction fee
The Capital One Venture Rewards Credit Card has a reasonable annual fee and earns flexible travel rewards, which makes it a great travel card for beginners or heavy travelers.
- Valuable welcome offer worth at least $750 in travel
- You can transfer miles to over 15 Capital One partners, including Emirates Skywards, Choice Privileges and Singapore Airlines KrisFlyer
- No foreign transaction fees
- Lacks ongoing travel benefits such as statement credits or lounge access
- Limited bonus spending category that only applies to certain Capital One Travel bookings
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options
- Miles won’t expire for the life of the account and there’s no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fee
The Capital One Venture X Rewards Credit Card is a premium credit card with a myriad of benefits and a lower annual fee than other high-end cards with similar features.
- Annual $300 credit for bookings through Capital One Travel
- 10,000 bonus miles after every card anniversary
- Unlimited complimentary access to 1,300+ airport lounges, including Capital One Lounge locations
- Long list of valuable travel and shopping protections, including return protection, rental car coverage and trip delay reimbursement (Benefit(s) only available to accounts approved for the Visa Infinite card. Terms apply.)
- Limited bonus spending categories compared to other premium credit cards
- High annual fee
- High credit score requirement (excellent credit)
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select’s editorial staff.
- Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
- Receive a $300 annual credit for bookings through Capital One Travel, where you’ll get Capital One’s best prices on thousands of trip options
- Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
- Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights and vacation rentals booked through Capital One Travel
- Earn unlimited 2X miles on all other purchases
- Enjoy complimentary access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and the Partner Lounge Network
- Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more. You can even transfer your miles to your choice of 15+ travel loyalty programs
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fees
Capital One bank accounts to pair with the VentureOne
If you want to have your credit card and bank accounts within the same ecosystem, Capital One has you covered with checking and high-yield savings account options and hundreds of physical branches nationwide.
Capital One 360 Checking®
Capital One Bank is a Member FDIC.
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Monthly maintenance fee
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Minimum deposit to open
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Minimum balance
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Annual Percentage Yield (APY)
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Free ATM network
70,000+ Capital One®, MoneyPass and Allpoint® ATMs
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ATM fee reimbursement
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Overdraft fee
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Mobile check deposit
Capital One 360 Performance Savings™
Capital One Bank is a Member FDIC.
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Annual Percentage Yield (APY)
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Minimum balance
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Monthly fee
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Maximum transactions
Up to 6 free withdrawals or transfers per statement cycle
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Excessive transactions fee
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Overdraft fee
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Offer checking account?
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Offer ATM card?
Yes, if have a Capital One checking account
Is the Capital One VentureOne right for you?
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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.
*Benefit available to accounts approved for the World Elite Mastercard product, subject to terms, conditions, and exclusions in the World Elite Mastercard Guide to Benefits. See Account Terms or Application Terms for more details
For rates and fees of the Discover it® Miles , click here.
Editorial Note: Opinions, analyses, reviews or recommendations expressed in this article are those of the Select editorial staff’s alone, and have not been reviewed, approved or otherwise endorsed by any third party.
