Capital One Venture Rewards Credit Card Review: a Solid Choice If You’re not a Frequent Flyer

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Best for Travel Rewards Beginners Capital One Venture Rewards Credit Card
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Capital One Venture Rewards Credit Card
Editor’s Score: (4.3/5)
Apply Now externa link icon At Capital One’s secure site.
Best for Travel Rewards Beginners Capital One Venture Rewards Credit Card
Editor’s Score: (4.3/5)
  • Intro offer:
    75,000 miles
  • Annual fee:
    $95
  • Regular APR:
    16.24% – 24.24% (Variable)
  • Recommended credit score:
    670-850 (Good to Excellent)
Rewards rate:

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. Earn unlimited 2X miles on every purchase, every day.

NextAdvisor’s Take

Pros
  • Flat 2x miles on every purchase
  • Generous sign-up bonus
  • Flexible rewards redemptions
  • No foreign transaction fees
Cons
  • High variable APR
  • $95 annual fee
  • Travel transfer partners options and value aren’t as good as some other programs
The Bottom Line
The Capital One Venture Rewards Credit Card is a great travel credit card option for travel enthusiasts who value flexible rewards over premium benefits or credits. It even ranks among our best credit card picks. Double miles on every dollar you spend, a generous welcome bonus, and numerous redemption options can all go a long way to offset the card’s $95 annual fee — and help you save on future travel.

Additional Card Details

  • Flexible redemption options to use rewards toward future travel
  • No foreign transaction fees
  • Up to $100 credit toward Global Entry or TSA PreCheck® membership every four years
  • Two complimentary visits to Capital One Lounge locations each year

Capital One Venture Rewards Credit Card Full Review

Card Type

This card is a travel rewards credit card. You can earn miles toward future travel on your everyday spending.

Annual Fee

The Capital One Venture charges an annual fee of $95.

Welcome Offer

You can earn 75,000 bonus miles after spending $4,000 on your card within three months of account opening.

Rewards

With the Capital One Venture, you’ll earn 5X miles on hotels and rental cars booked through Capital One Travel, plus an unlimited 2X miles on every other purchase.

You can redeem your rewards toward previous travel purchases on your statement, by booking travel through Capital One, or by transferring to Capital One travel partners — or for cash in the form of a statement credit, check, gift cards, or more.

Fees 

There’s a $95 annual fee, and variable APR of 16.24%-24.24%. If you pay late, you may incur a late payment fee up to $40. If you plan to travel internationally, this card carries no foreign transaction fees on purchases made abroad.

How to Use the Capital One Venture Rewards Credit Card

You’ll earn 2x miles for each dollar you spend, so you can maximize your rewards by using your card for all your regular spending. If you have other rewards cards with higher rewards in some categories, like groceries or gas, it may make sense to continue using them where applicable, but otherwise you can rack up Venture miles quickly by using your card for everyday purchases and recurring payments.

You can also earn the 75,000 miles by spending $4,000 within three months of account opening, which easily helps justify the $95 annual fee.

Just remember to charge only what you can afford to pay off, and make sure you pay your bill in full each month. This card’s high APR can quickly lead to high-interest debt if you make a habit of carrying a balance.

When you’re ready to redeem your rewards, you’ll likely get the maximum value for your rewards with travel redemptions. Book directly through Capital One’s travel portal at a rate of one cent per mile, or use your miles to cover airfare, hotel stays, rental cars, and more travel-related purchases made within the past 90 days.

Capital One Venture Rewards Credit Card Compared to Other Cards

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Capital One Venture Rewards Credit Card

Capital One Venture Rewards Credit Card

Editor’s Score: (4.3/5)
  • Intro offer:
    75,000 miles
  • Annual fee:
    $95
  • Regular APR:
    16.24% – 24.24% (Variable)
  • Recommended credit:
    670-850 (Good to Excellent)
  • Apply Now externa link icon At Capital One’s secure site
Learn More externa link icon
Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Editor’s Score: (4.5/5)
  • Intro offer:
    80,000 points
  • Annual fee:
    $95
  • Regular APR:
    16.24% – 23.24% Variable
  • Recommended credit:
    670-850 (Good to Excellent)
  • Apply Now externa link icon At Chase’s secure site
Learn More externa link icon
Citi Premier® Card

Citi Premier® Card

Editor’s Score: (3.6/5)
  • Intro offer:
    60,000 points
  • Annual fee:
    $95
  • Regular APR:
    16.74% – 24.74% (Variable)
  • Recommended credit:
    670-850 (Good to Excellent)
  • Learn more externa link icon At our partner’s secure site

Pro Tip

Use the Capital One Venture Rewards card to pay for car rentals and decline the rental agency’s own pricey collision insurance.

Travel credit cards from Capital One are also eligible for miles transfers to partner loyalty programs. Here is the full list of Capital One’s transfer partners:

  • Aeromexico Club Premier
  • Air Canada Aeroplan
  • Air France-KLM Flying Blue
  • Avianca LifeMiles
  • Cathay Pacific Asia Miles
  • Emirates Skywards
  • Etihad Guest
  • EVA Infinity MileageLands
  • Finnair Plus
  • Qantas Frequent Flyer
  • Singapore KrisFlyer
  • Accor Live Limitless
  • Wyndham Rewards

Other redemption options include cash, gift cards, and shopping with Amazon or PayPal.

Is Capital One Venture Rewards Credit Card Right for You?

If you want to earn rewards for future travel without tracking bonus categories or earning caps, the Capital One Venture Rewards Credit Card is a solid bet. 

This card’s flexibility really shines when you’re ready to redeem the miles you earn, especially if you don’t want to be tied to a single rewards program or you enjoy shopping around for the best travel deal before booking. You can redeem miles for any travel purchases you make with your Venture card within 90 days, book travel through Capital One’s rewards program, or transfer to travel partners.

Even when you’re not traveling, you can maximize value with your Venture card. You’ll earn miles on every purchase, so you don’t need to be a frequent flyer to earn great rewards.

EDITORIAL INDEPENDENCE

As with all of our credit card reviews, our analysis is not influenced by any partnerships or advertising relationships.

 

Frequently Asked Questions

Is the Capital One Venture a good card?

Capital One Venture Rewards Credit Card is one of the top travel credit cards on the market today. With 2x miles on all your purchases and flexible redemption options, you can use this card to rack up considerable travel rewards.

What credit score do you need for the Capital One Venture Card?

You’ll need good or excellent credit (670 or higher credit score) for the best chances of approval when you apply for the Capital One Venture Rewards Credit Card.

What is the difference between the Capital One Venture and the Capital One VentureOne?

Capital One’s VentureOne Rewards Credit Card is similar to the Venture card, but charges no annual fee. In exchange for no annual fee, you’ll also get a reduced welcome bonus and earning rate (1.25x miles per dollar) and forgo the Global Entry or TSA PreCheck fee credit.