Bottom Line
With high rewards, a large sign up bonus, and flexible redemption methods, this card gives you a bunch of bang for your buck, and covers the annual fee in no time at all.
Pros
- High rewards rates
- Flexible redemption
- Big sign up bonus
Cons
- Has an annual fee
- requires good to excellent credit
At a glance
| Capital One Venture Card | |
| Annual fee | – $95 |
| Sign up bonus | – 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. |
| Reward rate | – 2x-5x |
| Intro APR | – N/A |
| Ongoing APR | – APR: 19.99%-29.99% Variable APR – Cash Advance APR: 29.99%, Variable |
| Balance transfer fee | – Balance Transfer Fee applies to balances transferred at a promotional rate |
| Foreign transaction fee | – None |
| Additional benefits | – Credit of up to $100 for the application fee for Global Entry or TSA Pre-check when you pay with the card. -Travel accidental insurance for no extra charge when you use the card to pay for your travel bookings. Terms apply. -Rental car coverage. -Extended warranty on eligible items. |
Detailed Overview
The Capital One Venture Rewards Credit Card stands out as a leading choice in the credit card market, and with good reason. Distinguishing itself from airline-specific cards, it offers a generous rewards rate on all purchases, not just travel-related ones.
The flexibility is remarkable—you can redeem rewards for any travel expense with no restrictions on airlines, travel dates, or hotels. With an enticing bonus for new cardholders, it’s no surprise that this card has earned widespread favor. For those seeking straightforward, easily earned, and effortlessly redeemable travel rewards, the Capital One Venture Card is unparalleled.
Capital One Venture Card
Card type: Travel
Annual Fee:
Most travel cards have an annual fee, with many more extreme than the Venture Cards $95.
A prime example of this is the American Express Platinum Card®, which stands in a league of it’s own, with an annual fee of $695. While this is extremely pricey, the Venture card is a top competitor for a significantly lower price per year.
Extras that come with the card
- Flexible Redemption Options:
- Use miles for various travel expenses, including flights, hotels, car rentals, and more.
- No Foreign Transaction Fees:
- Enjoy making purchases abroad without incurring additional foreign transaction fees.
- Global Entry/TSA PreCheck Fee Credit:
- Receive a statement credit for the application fee when you use your card to pay for Global Entry or TSA PreCheck.
- Travel Accident Insurance:
- Access coverage for accidental loss of life, limb, sight, speech, or hearing while traveling.
- Auto Rental Collision Damage Waiver:
- Receive coverage for damage due to collision or theft when you rent an eligible car using your card.
- Extended Warranty Protection:
- Extend the warranty on eligible items purchased with your card.
- 24/7 Concierge Service:
- Access assistance with travel and dining arrangements, entertainment, and more through the card’s concierge service.
- Special Access to Events:
- Enjoy exclusive access to events, concerts, and experiences through Capital One’s partnerships.
Is it the right card for you?
For avid travelers, the Capital One Venture Rewards Credit Card demands attention. Boasting one of the market’s most impressive sign-up bonuses and ongoing rewards rates, it competes favorably with any other travel card. Its appeal is heightened, particularly for those seeking straightforward travel rewards without the hassle of a complex redemption system.
