About.com Rating
Visit Their Website
This is a very good miles rewards card at a reasonable price. There's a no-fee version if you prefer that, although the rewards aren't as good.
Who the Capital One Venture Rewards Credit Card Is For
Credit Rating Required
About the Capital One Venture Rewards Credit Card
Pros
Cons
Rewards
APRs
Fees
Capital One Venture Rewards Credit Card Review
The Capital One Venture Rewards Card earns you generous rewards at a reasonable price. There's a $59 annual fee, but it's waived the first year.
You earn double miles on each dollar you spend on the Capital One Venture Rewards Card. You also earn 10,000 bonus miles if you spend $1,000 on the card within your first three months of membership.
Miles can be redeemed on any airline, and there are no blackout dates. There's no limit on how many miles you can earn, and they don't expire. You can also redeem your miles for cash, gift cards and brand-name merchandise.
To figure out how many miles you need, multiply the cost of your trip by 100. If your ticket costs $200, multiply that by 100; you'll need 20,000 miles to redeem.
The APR is a low 13.9%, and there are no balance transfer fees. However, you'll need excellent credit to get this card.
Capital One also has a no-annual-fee version of this card called the VentureOne Rewards Card. However, you only earn 1.25 miles per dollar, and there's no 10,000 mile bonus offer. Otherwise, it has the same APR and other terms.
Recommendation
I highly recommend this card because of its generous mileage rewards program. I also like Capital One cards because they give you all the information you need upfront; there's not a lot of important information buried in the fine print.
Visit Their Website
Last reviewed February 19, 2013. Credit card terms and sign-up bonuses are subject to change from the time of this review.
Visit Their Website
This is a very good miles rewards card at a reasonable price. There's a no-fee version if you prefer that, although the rewards aren't as good.
Who the Capital One Venture Rewards Credit Card Is For
- People with excellent credit who want to earn travel rewards on their credit card spending.
Credit Rating Required
- Excellent (740+)
About the Capital One Venture Rewards Credit Card
Pros
- Double miles earned on each purchase.
- Annual fee waived the first year.
- 10,000 bonus miles for new customers (must spend $1,000 within first three months).
- Flexible rewards redemptions.
- No blackout dates.
- No limit on rewards; miles don't expire.
- No balance transfer fee.
- Relatively low APR.
Cons
- Not available for people with weak credit.
Rewards
- Two miles per dollar on purchases.
APRs
- 13.9% to 20.9% on purchases and balance transfers.
- 24.9% on cash advances
- Penalty interest rate: 29.4%.
Fees
- Annual fee: $59, waived the first year.
- Late payment fee: Up to $35.
- Return check or payment fee: Up to $35.
- Over the limit fee: None.
- Balance transfer fee: None.
- Cash advance fee: $10 or 3%
- Foreign transaction fee: None
Capital One Venture Rewards Credit Card Review
The Capital One Venture Rewards Card earns you generous rewards at a reasonable price. There's a $59 annual fee, but it's waived the first year.
You earn double miles on each dollar you spend on the Capital One Venture Rewards Card. You also earn 10,000 bonus miles if you spend $1,000 on the card within your first three months of membership.
Miles can be redeemed on any airline, and there are no blackout dates. There's no limit on how many miles you can earn, and they don't expire. You can also redeem your miles for cash, gift cards and brand-name merchandise.
To figure out how many miles you need, multiply the cost of your trip by 100. If your ticket costs $200, multiply that by 100; you'll need 20,000 miles to redeem.
The APR is a low 13.9%, and there are no balance transfer fees. However, you'll need excellent credit to get this card.
Capital One also has a no-annual-fee version of this card called the VentureOne Rewards Card. However, you only earn 1.25 miles per dollar, and there's no 10,000 mile bonus offer. Otherwise, it has the same APR and other terms.
Recommendation
I highly recommend this card because of its generous mileage rewards program. I also like Capital One cards because they give you all the information you need upfront; there's not a lot of important information buried in the fine print.
Visit Their Website
Last reviewed February 19, 2013. Credit card terms and sign-up bonuses are subject to change from the time of this review.
Source...