Capital One® VentureOne® Rewards Credit Card

Note: Capital One is a Frequent Miler advertiser. Please see our Advertiser Disclosure.

Capital One® VentureOne® Rewards Credit Card
20K "miles"
20K after $1K spend in 3 months from account opening
Click Here to Apply

$0 Annual Fee

FM Mini Review: Many no-fee cards offer better rewards, so there's no point in using this card after collecting the signup bonus.


Card Type: Visa Signature or Platinum

Base
1.25X
(1.71%)

Earning rate: 1.25X everywhere

Noteworthy perks: ⚬ Earn 10x miles on hotels when you pay with your VentureOne card at hotels.com/venture ⚬ Redeem miles for travel at value of 1 cent per mile.

Overview

The Capital One VentureOne Rewards card earns only 1.25 miles per dollar. Miles are worth 1 cent each when redeemed for travel. In other words, this card effectively earns 1.25% in rewards. That's not very good.

Things get a little more interesting now that Capital One Miles are transferable to airline miles. Since the transfer ratio is 2 to 1.5, you can think of this card as earning your choice of 1.25% everywhere OR 0.94 airline miles everywhere. That's NOT a good earning rate, but it's worth noting.

More information about Capital One transfer partners can be found here.

10X for Hotels...

One area in which this card shines is when booking hotels through their special link. Earn 10x miles on hotels when you pay with your Venture card at hotels.com/venture. In other words, you get the equivalent of 10% back for all hotel bookings made this way!

Bottom Line

Good choice for a signup bonus, but an awful choice to use for spend with one big exception: Earning 10X miles on hotels is excellent.

Application Tips

Capital One Application Tips


  • 6 month rule: Must wait 6 months after applying for a Capital One card before applying for another one.

  • 2 card limit: You can have at most 2 Capital One consumer cards

  • Get Same Card Again: There is no known rule against getting the same card and bonus again even if you still have the card open.

  • Hard inquiries usually get issued through all 3 credit bureaus


To check application status, call (800) 903-9177 or (877) 277-5901
If denied, call reconsideration here: (800) 625-7866

Related Cards (Capital One Miles)

Capital One® Spark® Miles for Business
Up to 200K miles
Up to 200K miles: 50K after $5K spend in 3 months from account opening. Earn an additional 150K miles when you spend $50K on total purchases within the first 6 months. Limited time offer.

No Annual Fee First Year, Then $95

Recent better offer: None.

Capital One® Venture® Rewards Credit Card
75K "miles"
75K after $5K spend in 3 months from account opening

No Annual Fee First Year, Then $95

Capital One® VentureOne® Rewards Credit Card
20K "miles"
20K after $1K spend in 3 months from account opening

$0 Annual Fee

Capital One® Spark® Miles Select for Business
20K "miles"
20K after $3,000 spend in 3 months from account opening

$0 Annual Fee

Last updated on May 30th, 2018

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