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Capital One is one of the most widely recognized and respected brands in the financial services industry. It boasts a current customer base of over 100 million. The company offers a broad range of financial products, including credit cards, savings and checking accounts, personal loans, and auto loans.
The VentureOne Rewards Credit Card is a simple no-annual fee travel rewards card that has several valuable perks. These include 1.25x miles on every purchase and 5x miles on hotels plus rental cars that cardholders book via Capital One Travel. There’s also a 0% intro APR period on both purchases and balance transfers for the first 15 months. Plus, if you spend $500 and above on purchases in the first three months, you’ll earn a 20,000-mile welcome bonus.
The VentureOne Rewards Credit Card is ideal for individuals who travel occasionally and want to earn rewards on everyday purchases without paying an annual fee.
It’s also perfect for those who value simplicity in a rewards program. While premium rewards cards often come with complex earning structures and tiered categories, the VentureOne Rewards Credit Card keeps matters straightforward.
The VentureOne Rewards Credit Card offers a 0% introductory APR for the first 15 months on purchases and balance transfers. After this period, the purchase APR reverts to a variable rate of 19.49% - 29.49%, depending on your creditworthiness.
There are no annual or foreign transaction fees with this card. However, there's a fee of 3% for balance transfers carried out during the 15-month introductory period, which increases to 4% after this period ends. Additionally, the card has a cash advance fee of 5% or a minimum of $5, whichever is greater.
APR | 0% for the first 15 months; 19.49% - 29.49% variable APR thereafter |
Annual fee | None |
Foreign transaction fee | None |
Balance transfer fee | 3% for balances transferred in the first 15 months; 4% thereafter |
Cash advance fee | 5% or a minimum of $5, whichever is greater. |
The VentureOne Rewards Credit Card offers 1.25x miles on all purchases and 5x miles on hotels plus rental cars you book via Capital One Travel.
New cardholders can also earn a bonus of up to 20,000 miles by spending $500 on purchases in the first three months of opening an account. Some premium cards may offer higher bonuses, but you’ll likely have to spend several thousand dollars to qualify. With some, you’ll also have to pay an annual fee.
You can use your miles rewards to book travel directly via Capital One Travel or get reimbursed for past travel purchases. Another option is to redeem the miles as a statement credit for travel-related expenses charged to your card. Furthermore, Capital One allows you to transfer your miles to 15 external travel loyalty programs for even more redemption options.
You can apply for the VentureOne Rewards Credit Card online in minutes. Here’s a step-by-step guide.
Pre-qualification: The pre-qualification tool on the website lets you check if you qualify for the VentureOne Rewards Credit Card, or any other Capital One card, without affecting your credit score.
Complete the application: If you pre-qualify, you’ll then complete a formal application. That requires providing personal and financial information such as your name, date of birth, Social Security number, residential address, email, phone number, employment status, and annual income.
Results: You’ll usually receive an instant decision. In some cases, Capital One may need additional time for review, but you should generally get a decision within seven to ten days. You can also check your application status anytime online or by calling 800-903-9177.
Receive the card: Once approved, you’ll receive your card in the mail within seven to ten business days.
Capital One offers dedicated phone support for credit card holders at 800-CAPITAL (227-4825). This service is available seven days a week, 8am-11pm, ET.
For quick answers to general questions, you can use ENO, Capital One's 24/7 virtual assistant, which is available via the bank’s mobile app, text, and desktop when signed into your account. Additional support is available through Capital One’s X handle (@AskCapitalOne).
Furthermore, the company’s website also has an FAQs section with answers to common queries about credit card rewards. It also has an extensive Help Center with useful guides on credit card topics such as increasing credit limits, managing payments, and adding authorized users.
Online reviews of Capital One’s customer service are mixed. Some users report positive interactions, noting that representatives are knowledgeable, courteous, and quick to resolve issues. Others, however, report frustrating experiences, including difficulty reaching live agents and resolving more complex issues.
Capital One employs advanced security measures to protect your personal and financial data, including sophisticated firewalls, intrusion detection software, and SSL encryption. And for secure and convenient access to your account, it offers both two-factor and biometric authentication.
Additionally, the company requires identity verification for certain sensitive transactions or account changes. If you suspect fraudulent activity on your account or believe you may be at risk, you can contact Capital One's dedicated fraud protection line at 800-427-9428 for immediate assistance.
You can easily review and redeem your rewards by logging into your Capital One account online or through the mobile app.
Your Capital One rewards will not expire as long as your account remains active.
Capital One doesn’t disclose the credit score you require to qualify for the VentureOne Rewards Credit Card. But like many other cards in its category, you’ll likely need a good to excellent credit score—which means a FICO score of at least 670.
The fee-free Capital One VentureOne Rewards Credit Card lets you earn 1.25x miles on all purchases and 5x miles on hotels and car rentals booked via Capital One Travel. Additionally, get 15 months of 0% APR on purchases and balance transfers, plus a 20,000-mile bonus after spending $500 in the first three months. Overall, it offers solid value for those looking to earn travel rewards in an easy way.
This review was created using information from the Capital One website and reviews on comparison sites like Trustpilot.
