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Transferable factors and miles are among the many most respected currencies for journey rewards as a consequence of their versatility and resistance to devaluation. The flexibility to switch rewards to a number of loyalty program companions reduces the impression of anyone program’s devaluation.
Some fashionable transferable currencies embrace American Categorical Membership Rewards and Chase Final Rewards factors. To acquire and use these rewards, you could maintain a card with an annual charge, resembling The Platinum Card® from American Categorical (see charges and costs) or the Chase Sapphire Reserve®, respectively (bear in mind, although, that not all annual charges are unhealthy).
In Capital One’s portfolio of playing cards, there’s an usually missed card with no annual charge that also has transferable rewards: the Capital One VentureOne Rewards Credit score Card.
The no-annual-fee Capital One Savor Money Rewards Credit score Card is a perfect complement to the VentureOne as a result of when you’ve got journey rewards and cash-back playing cards from Capital One, you may transfer rewards between the playing cards at a ratio of 1 cent to 1 mile. This implies which you can profit from glorious cash-back incomes potential whereas nonetheless with the ability to switch to companions.
Here is why the Capital One VentureOne and Savor Money playing cards are among the many finest no-annual-fee duos for journey rewards.
Incomes miles
The VentureOne card’s earnings are easy. It earns limitless:
In the meantime, the Savor Money has extra bonus classes with elevated earnings. It earns:
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This duo actually begins to shine when spending on eating, grocery shops (excluding superstores like Walmart® and Goal®), leisure and fashionable streaming companies. When the rewards are transferred to VentureOne, this equates to three miles per greenback spent. Plus, with the VentureOne and Savor Money duo, you may earn a minimum of 1.25 miles on all different purchases.
Associated: Airline and resort eating rewards packages: Which is finest for you?
Redeeming miles
Certainly one of VentureOne’s greatest perks is the power to switch to companions as a substitute for cashing out through verify or assertion credit with the Savor. This lets you switch miles or earn money again when one presents a greater worth than the opposite.
TPG’s March 2025 valuations peg Capital One miles at 1.85 cents every due to its 15-plus useful switch companions, together with Singapore Airways KrisFlyer and British Airways Government Membership. The latter can be utilized to fly to and from London in type or for American Airways home flights.
Moreover, you may switch miles to its resort companions, together with Accor Stay Limitless and Wyndham Rewards. This implies you should use your rewards from these two playing cards to redeem for flights and resort stays after which cowl any remaining taxes or charges with the money again.
Associated: Bank card switch companions: Information to transferring factors and miles to airways and resorts
Welcome bonuses with out the charges
The VentureOne card’s welcome bonus is 20,000 bonus miles after spending $500 inside the first three months from account opening, price $370 based mostly on TPG’s March 2025 valuations.
The welcome bonus for the Savor Money is $200 money again after spending $500 within the first three months from account opening. When transferring the money again to VentureOne miles, you earn the identical 20,000 miles on each playing cards.
Along with the welcome bonus, the VentureOne and Savor Money don’t have any annual charges and neither card has international transaction charges.
Moreover, including approved customers to the account has no further price, serving to you earn extra rewards.
Associated: The most effective no-annual-fee bank cards
Different choices
Capital One provides an identical card duo with certainly one of its extra premium playing cards: the Capital One Enterprise X Rewards Credit score Card and the Savor Money card. Whereas the primary card carries an annual charge, it could actually simply make sense to pay that charge in change for the extra perks in comparison with the no-annual-fee choices.
Whereas the VentureOne comes with a welcome provide of 20,000 bonus miles when you spend $500 inside the first three months from account opening, the Enterprise X provides 75,000 miles after spending $4,000 inside the first three months from account opening. This bonus is price $1,388 based mostly on TPG’s March 2025 valuations. That is virtually 4 instances as many miles from the welcome provide alone and might simply assist to fly a household moderately than a person, or it could actually allow you to fly in enterprise class moderately than economic system.
Though the Enterprise X has a considerably increased minimal spending requirement than its counterparts, the rise will be worthwhile in case you can full it.
The Enterprise X has an annual charge of $395, whereas the VentureOne has no annual charge. However, by not paying for the annual charges, you might be lacking out on some perks with solely the VentureOne and Savor Money playing cards.
For instance, the Enterprise X has a $300 annual credit score for bookings by Capital One Journey and a 10,000-mile yearly anniversary bonus, which alone makes up for the annual charge. Alternatively, the elevated spending multiplier of two miles on each buy as an alternative of 1.25 miles on the VentureOne will assist accrue extra miles.
That is along with Enterprise X’s extra luxurious perks, resembling lounge entry worldwide and as much as $120 in assertion credit for TSA PreCheck or International Entry.
Associated: 12 methods to satisfy the spending necessities and earn the bonus on a brand new card
Backside line
Although the welcome bonuses and general earnings on purchases are lower than their premium counterparts, the Capital One VentureOne and Savor Money playing cards nonetheless provide no international transaction charges and the power to mix and switch miles to the identical superb companions.
For these on the lookout for no-frills playing cards that can enable them to journey inexpensively, the VentureOne and Savor Money duo is a good choice to entry transferable rewards.
To be taught extra, learn our full evaluations of the VentureOne and Savor Money.
Be taught Extra: Capital One VentureOne and Capital One Savor Money
Associated: The most effective rewards bank cards so as to add to your pockets
For charges and costs of The Platinum Card® from American Categorical Card, click on right here
