Capital One Venture Rewards Credit Card Review

Capital One Venture Rewards Credit Card is a rewards credit card issued by Capital One. If you're wondering whether Capital One Venture Rewards Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

• Generous reward rate. You will get a cashback rewards rate of up to 10%.
• Earn 2% cash back on everyday purchases. This is higher than the average reward rate (1% cash back) for everyday purchases.
• Signup bonus. Offers a signup bonus of 50000 points after spending $3,000 within 3 months that can be redeemed for travel, gifts, or other perks.
• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR that ranges from 17.49% up to 24.74%.
• Annual fee waived the first year. Capital One Venture Rewards Credit Card gives you the chance to have the card for a year without paying the $95 annual fee.
• 3% Balance transfer fee. Capital One Venture Rewards Credit Card charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees.
• $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You should probably try with another card if your credit score is below 700.

The Good

The Bad

$0 annual fee for the first year, $95 thereafter. Annual fee waived during the first year. Multiple credit card perks. No foreign transaction fee. Earn rewards on every purchase. Capital One Venture Rewards Credit Card reports to multiple credit bureaus. Cardholders can earn rewards on their purchases. Offers auto rental collision damage waiver. Extended warranty on purchases. Travel accident and travel assistance insurance.

Higher than average purchase APRs. Requires good to excellent credit. Charges an annual fee of $95 Charges a 3% balance transfer fee.

Is there a Capital One Venture Rewards Credit Card cash back or rewards program?

Capital One Venture Rewards Credit Card offers a rewards program to its customers.

Capital One Venture Rewards Credit Card Rewards

Rewards rate (all purchases)	2%
Max rewards rate	10%
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus (Points/Miles)	50000
Signup Bonus Spend Requirement	$3000
Signup Bonus Spend Period (months)	3 months

What are the Capital One Venture Rewards Credit Card benefits?

Capital One Venture Rewards Credit Card provides the following benefits:

• Auto Rental Collision Damage Waiver
• Emergency Support
• Extended Warranty Protection
• Zero fraud liability
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for Capital One Venture Rewards Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. Capital One Venture Rewards Credit Card has higher than average purchase APRs.

Capital One Venture Rewards Credit Card has a variable purchase APR that ranges from 17.49% up to 24.74%. The card has a variable balance transfer APR that ranges from 17.49% up to 24.74%. It also has a variable cash advance APR of 24.74% .

What are the Capital One Venture Rewards Credit Card fees?

The following fees apply to Capital One Venture Rewards Credit Card:

Capital One Venture Rewards Credit Card Fees

Fees	Amount
Annual Fee	up to $95
Foreign Transaction Fee	0%
Balance Transfer Fee	3%
Late Payment Fee	up to $39

Does Capital One Venture Rewards Credit Card report your account activity to credit bureaus?

Capital One Venture Rewards Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for Capital One Venture Rewards Credit Card

• Visit the Capital One Venture Rewards Credit Card website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
• Check the information is accurate and submit your application.
• If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.