An excellent card if you want simple, flat-rate travel rewards.
The Capital One Venture Rewards Credit Card is a travel card that offers 2x miles on all purchases. The card's signup bonus allows you to earn 75,000 miles after you make $4,000 in purchases within the first 3 months of account opening. Finally, you get all of this for a $95 annual fee.
Because of its strong, flat-rate rewards, the card occupies a unique position in the travel space. Its simplicity means it’s an excellent choice if you don’t want to deal with multiple bonus-reward categories. You can also transfer miles to 15+ travel loyalty programs. Thankfully, Capital One has boosted a majority of its transfer rates to a 1:1 ratio, meaning points transferred this way are now often worth 2 cents or more a piece compared to a straight redemption. On top of it all, you’ll receive up to a $120 credit for your Global Entry or TSA PreCheck application fee. It’s a perk not often seen in mid-tier travel cards, and it elevates an already impressive product.
finder.com's rating: 4.4 / 5.0
★★★★★
| Annual fee | $95 |
| Welcome offer | Enjoy 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel |
| Rewards | 2X miles per dollar on every purchase, every day, 5X miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel |
| Purchase APR | 19.99% - 29.74% variable |
| Balance transfer APR | 19.99% - 29.74% variable Balance Transfer Fee applies to balances transferred at a promotional rate (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) |
| Minimum credit score | 670 |
| Issuer | Mastercard® |
| Balance transfer fee | Balance Transfer Fee applies to balances transferred at a promotional rate (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) |
| Cash advance rate | 29.74% variable |
| Cash advance fee | $5 or 5% of the cash advance amount, whichever is greater |
| Cash advance fee description | 5% of the amount of the cash advance, but not less than $5 |
| Foreign transaction fee | None |
| Interest free period | Up to 25 days |
| Late payment fee | Up to $40 |
| Additional cardholder fee | $0 |
| Security deposit | N/A |
| Rates & fees | Terms apply, see rates & fees |
Due to its automated preapproval process, Capital One usually makes a decision within 60 seconds. In some cases, it may take up to 10 business days.
Upon approval, expect your card and welcome materials to arrive within seven to 10 business days.
| Answer choices | Responses |
|---|---|
| 740-850 | 44.44% |
| 670-739 | 33.33% |
| 580-669 | 22.22% |
| 300-579 | 0.00% |
| Answer choices | Responses |
|---|---|
| Rewards | 48.39% |
| Welcome bonus | 12.90% |
| Features and benefits | 32.26% |
| APR | 6.45% |
Compare the Venture Card side-by-side with Capital One VentureOne Rewards Credit Card and Capital One Venture X Rewards Credit Card.
Capital One Venture Rewards Credit Card |
Capital One VentureOne Rewards Credit Card |
Capital One Venture X Rewards Credit Card |
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★★★★★ |
★★★★★ |
★★★★★ |
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Minimum credit score 670 |
Minimum credit score 670 |
Minimum credit score 740 |
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Annual fee $95 |
Annual fee $0 |
Annual fee $395 |
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Purchase APR 19.99% - 29.74% variable |
Purchase APR 0% intro |
Purchase APR 19.99% - 29.74% variable |
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Balance transfer APR 19.99% - 29.74% variable Balance Transfer Fee applies to balances transferred at a promotional rate (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) |
Balance transfer APR 0% intro for the first 15 months (then 19.74% to 29.74% variable) Balance transfer fee applies (3% for the first 15 months; 4% at a promotional APR that Capital One may offer you at any other time) |
Balance transfer APR 19.99% - 29.74% variable Balance Transfer Fee applies to balances transferred at a promotional rate (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) |
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Rewards Up to 5x miles |
Rewards Up to 5x miles |
Rewards Up to 10x miles |
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Welcome offer Enjoy 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel |
Welcome offer 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel |
Welcome offer
75,000 miles after you spend $4,000 in your first 3 months of account opening |
Compare even more credit cards
Apply for the card if you’re a US citizen or permanent resident of the US and you’re at least 18 years old.
You’ll need to fill out personal details, including your:
During the application process, choose whether you want to make a balance transfer. Also, you may opt to receive further communications in Spanish if that’s your preferred language.
Apply with a good to excellent credit score of 670 or higher. An very good to excellent credit score of 740 or higher will greatly increase your chances of approval. A higher score will also land you with a lower APR and a better credit limit.
Back to topMost customers love the the flat 2% return they get on all purchases and they especially love the high credit line they received. The negative feedback revolves around the high APR that some customers received — but if you pay on time, this shouldn’t be a problem.
The Better Business Bureau has accredited Capital One with a rating of A- as of May 2023. However, it sports a 1.13 out of 5 when it comes to a customer rating from an average of nearly 500 reviews. It fares little better on Trustpilot, earning a 1.3 rating out of 5 as of May 2023.
The best reason to get the Capital One Venture Rewards Credit Card is its solid reward rate on every purchase. This is ideal if you don’t want to deal with multiple reward tiers for different categories and prefer to keep things simple.
At the same time, you’ll want to watch out for the $95 annual fee (Terms apply, see rates & fees), which will effectively reduce the rewards you earn. Additionally, while mile transfers are a nice touch, the transfer ratios can be a drag.
As a rule of thumb, consider this card if you plan on spending $10,000 or more on it. This will easily let you offset your annual fee with your rewards, and give you comfortable mile earnings on top of that.
Not quite what you’re looking for? Check out other travel rewards cards and compare your options before deciding which card to pick.
Back to top★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor
Our team evaluates credit cards to determine their value against similar cards on the market.
We rank card types — travel, cash back, business — on a set of factors that are most relevant to that type of card. We create these rankings to help you narrow down a credit card that best suits your spending and budget.
Images: Capital One
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