Capital One VentureOne Rewards Credit score Card overview
The no-annual-fee Capital One VentureOne Rewards Credit score Card affords the identical versatile redemption choices as its sister playing cards, the Capital One Enterprise Rewards Credit score Card and the Capital One Enterprise X Rewards Credit score Card — however with a decrease rewards charge and fewer perks. The miles earned on the cardboard may be transferred to Capital One’s 15-plus airline and lodge companions or redeemed as a press release credit score towards eligible journey purchases. Card Ranking*: ⭐⭐⭐
*Card ranking relies on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.
Regardless of which card from the Capital One Enterprise household you select, all three choices supply easy earnings constructions, priceless airline and lodge switch companions and easy-to-use rewards.
For many who like a simple possibility for incomes and redeeming rewards, you may as well use your miles to cowl virtually any current travel-related buy on the Capital One VentureOne Rewards Credit score Card.
In case you’re not sure about paying an annual payment, think about this card because it would not cost one. We sometimes suggest candidates have a credit score rating of 670 or greater to extend their probabilities of approval.
Try the complete particulars of this card to find out whether or not it is a good match for you.
Capital One VentureOne execs and cons
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Capital One VentureOne welcome supply
The Capital One VentureOne Rewards comes with a welcome bonus of 20,000 bonus miles after spending $500 inside the first three months from account opening. Plus, new cardholders will obtain a $100 Capital One Journey portal credit score to make use of in your first cardholder 12 months upon account opening (no spending is required to obtain the credit score).
TPG’s August 2025 valuations peg Capital One Enterprise miles at 1.85 cents apiece, making this welcome bonus (bonus miles plus the journey credit score) value as much as $470.
The $100 journey credit score is legitimate for a 12 months and can be utilized in a number of purchases of flights, inns, rental automobiles and trip leases booked by way of Capital One Journey; nevertheless, rewards will not be earned on the credit score.
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That is considerably lower than the Enterprise Rewards card bonus, which is at present 75,000 miles after spending $4,000 on purchases inside the first three months of account opening. This welcome bonus is valued at $1,388, in accordance with TPG’s August 2025 valuations.
Nonetheless, the 20,000-mile bonus remains to be greater than what many different no-annual-fee playing cards supply. Moreover, the spending requirement for the VentureOne card’s bonus is far simpler to fulfill than the Enterprise card, requiring simply $500 in spending.
It is also vital to notice Capital One’s software restrictions. Usually, Capital One will solely approve you for one bank card each six months. Moreover, you will not be eligible for the welcome bonus in the event you obtained one on this card inside the previous 48 months.
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Capital One VentureOne advantages
The VentureOne has just a few advantages, together with:
Along with these advantages the VentureOne is among the many few no-annual-fee playing cards with no overseas transaction charges, making it particularly helpful for worldwide journey.
Plus, cardholders obtain complimentary Hertz Gold Rewards 5 Star standing (enrollment required).
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Incomes miles on the Capital One VentureOne
The VentureOne incomes construction is just like that of the $95-a-year Enterprise Rewards, however it delivers a barely decrease return on on a regular basis spending.
You will earn:
- 5 miles per greenback spent on inns, trip leases and rental automobiles booked by way of the Capital One Journey portal
- 1.25 miles per greenback spent on on a regular basis purchases
These equate to a 9.3% return on spending (based mostly on TPG’s August 2025 valuations) on eligible Capital One Journey portal bookings and a stable 2.3% return on all different purchases.
Whereas first rate, it is not the greatest return for on a regular basis spending. Nonetheless, the good thing about a vast incomes charge is that you do not have to maintain up with a number of bonus classes — favoring simplicity over most returns.
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Redeeming miles on the Capital One VentureOne
You could have just a few choices relating to redeeming Enterprise miles.
Probably the most simple means for many cardholders is to make use of them to pay for eligible purchases as a press release credit score. You check in to your Enterprise Rewards on-line account and redeem miles at 1 cent every for a press release credit score towards current, eligible journey purchases you’ve got made with the cardboard.
This consists of many journey bills that conventional miles will not cowl, from Airbnb stays to Uber rides. There aren’t any award charts, blackout dates or minimal redemption quantities.
You too can redeem your miles for Amazon purchases, Capital One leisure purchases, money again and reward playing cards. Nonetheless, these strategies all have redemption charges of lower than 1 cent per mile, so you need to keep away from utilizing any of those choices if you wish to get most worth out of your miles.
Associated: earn, redeem and switch Capital One miles
Transferring miles on the Capital One VentureOne
To get extra worth out of your Capital One miles, you might be like TPG e-newsletter and partnerships editor Emily Thompson and switch miles to journey companions.
Capital One has 15-plus airline and lodge companions to which you’ll switch your miles, together with Avianca LifeMiles, British Airways Membership, and Turkish Airways Miles&Smiles. Transferring miles to companions gives you the utmost worth in your hard-earned miles.
Associated: Cashing in Capital One miles? get the utmost worth when redeeming miles
Which playing cards compete with the Capital One VentureOne?
If this card sounds fairly interesting, know that there are literally a number of no-annual-fee playing cards that compete with the VentureOne:
For added choices, take a look at our full checklist of the greatest no-annual-fee playing cards.
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Is the Capital One VentureOne value it?
The VentureOne is a stable no-annual-fee possibility for many who need a wholesome welcome bonus, affordable perks and the flexibility to switch factors and miles on to journey companions. Nonetheless, you will get a better earn charge on on a regular basis purchases by getting a Enterprise card with an annual payment.
Backside line
The Capital One VentureOne Rewards Credit score Card affords a aggressive welcome bonus, versatile journey redemptions and no overseas transaction charges, all with out an annual payment. It is a robust decide for infrequent vacationers or these attempting out Capital One.
Nonetheless, frequent vacationers could desire the upper incomes charges and added perks of the Enterprise or Enterprise X.
Be taught extra: Capital One VentureOne Rewards
For Capital One merchandise listed on this web page, among the advantages could also be offered by Visa® or Mastercard® and should fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Upon enrollment, accessible by way of the Capital One web site or cell app, eligible cardholders will stay at that standing stage by way of the period of the supply. Please observe, enrolling by way of the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) won’t mechanically detect a cardholder as being eligible for this system and cardholders won’t be mechanically upgraded to the relevant standing tier. Further phrases apply.
