Capital One VentureOne Credit Card Review
Key Takeaways
If you're planning to stay in the points and miles hobby long term, the VentureOne isn’t worth occupying one of your 5/24 slots. Its modest 20,000-mile sign-up bonus and underwhelming benefits don’t compare to what you’d get with the Venture or Venture X cards. If you're considering a Capital One card, skip this entry-level option and go with one that actually builds value.
Why This Card Could Be Right For You
It’s tough to justify choosing the VentureOne card when Capital One’s higher-tier cards offer significantly better rewards and benefits. Still, if you’re extremely fee-averse and just testing the waters:
- Earn 20,000 Capital One miles after spending only $500 in the first 3 months
- 5x miles on hotels and rental cars booked through Capital One Travel
- 1.25x miles on all other purchases
- No annual fee
Capital One has offered 40,000-mile bonuses on this card in the past, which is better — but even then, we think the Venture or Venture X cards are far superior options.
When The Usual Advice Doesn't Apply
This card may not be a good fit if:
- You’re looking for strong benefits and travel perks—there simply aren’t any here
- You want to maximize value from your 5/24 slots (and you should) — this card doesn’t deliver the long-term value that others do
- You’d prefer better-earning multipliers and a more worthwhile sign-up bonus, even with an annual fee
What to Know About Capital One Miles
Capital One is a flexible point system we use for travel items that other systems don't cover
- Partner transfers are niche airlines and hotel brands, making the points more difficult to maximize
- Using an award search tool such as PointsYeah makes finding flights with those airlines more realistic
- Simple redemptions for erasing travel can be useful for cruises & rental cars (value isn’t maximized)
- Capital One is particularly attractive to businesses with large spending
How The Capital One VentureOne Credit Card Fits In The Capital One Miles Ecosystem
The VentureOne is Capital One’s entry-level travel card, but it doesn’t offer much in the way of long-term benefits.
- Its 20,000-mile sign-up bonus pales in comparison to the 75,000-mile offers on the Venture and Venture X
- VentureOne earns just 1.25x miles on everyday purchases (compared to 2x on the Venture and Venture X)
- The Capital One SavorOne card offers better multipliers on everyday categories and can transfer rewards to a Venture card
- The Venture ($95 annual fee) and Venture X ($395 annual fee) offer premium benefits like travel credits, lounge access, and better travel protections—making them well worth it for travelers
My Experience, No Filter
I got this card almost entirely for an at-the-time inflated sign-up bonus. I do love the ease of spending the points on canceling a travel expense via the "Points Eraser" benefit. But, again, I really fell in love with the Venture X card —much better for people fixated on traveling.
Card Information
| Bonus Points | Minimum Spend | Point Value | Annual Value | Annual Fee |
1st Year Value
|
|---|---|---|---|---|---|
| 20,000 | $500 | 1.3 ¢ | $0 | $0 |
$267
|
| Best Value | Differentiating Perks | Rules |
|---|---|---|
| Wyndham transfers | Solid benefits for a card with no annual | No 5/24 , Cap One 1/6 |
Award System
Most Recent Special Offer
$1,000 spend ended May 2023
Card Benefits
Using this card gives you secondary coverage on collision and theft, up to the cost of the vehicle for 15 days. Any international rentals are covered by primary insurance when using this card.
Travel accident insurance up to $250,000; trip cancellation insurance up to $1,500 per trip; lost luggage insurance up to $3,000 per trip; baggage delay insurance up to $100 per day for 3 days.
You will pay no foreign transaction fees when you use your card for purchases made outside the United States.
Call 1-800-953-7392 to get complimentary assistance making dinner reservations, buying theater tickets, getting travel guides, sending gifts/flowers, and dozens of other specific requests.
Call 1-800-847-2869; a flat $69.95 charge for towing up to 5 miles, tire changing, jump starting, locksmith service, fuel delivery and standard winching; cardholder will be charged for any additional services or goods provided.
You're reimbursed up to $500 per claim for 90 days from the date of purchase.
You can double the warranty up to 1 additional year on eligible purchases with warranties of 3 years or less.
Point Transfer Options
Transfer To Spouse/Partner Yes
Transfer To Friends Yes
Travel Partner Transfers
Capital One Miles Outside Point System
Transfers Out To
1:1 62% value retained
1:1 108% value retained
1:1 100% value retained
1:1 85% value retained
1:1 77% value retained
2:1.5 69% value retained
1:1 92% value retained
2:1.5 58% value retained
2:1.5 69% value retained
1:1 100% value retained
1:1 92% value retained
1:1 100% value retained
1:1 77% value retained
1:1 92% value retained
1:1 108% value retained
1:1 77% value retained
Capital One VentureOne Application Rules
Card approval not subject to 5-personal-cards-in-24-months rule
You won’t be approved for a second Capital One card if you’ve opened one in the past six months
Ranking of Cards Offering Capital One Miles
Best for Series
Below is a snapshot of where this card performs best compared to the other cards in our database: