Venture One Rewards by Capital One

Venture One Rewards by Capital One Review

This is a rewards credit card issued by Capital One. If you're wondering whether Capital One Venture One card is the right card for you, read on. This review will provide you with with all the details you need to make a good choice.

• Generous reward rate. You will get a rewards rate of up to 5 miles per dollar spent.
• 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
• Signup bonus. Offers a signup bonus of 20000 points after spending $500 within 3 months that can be redeemed for travel, gifts, or other perks.
• Competitive APRs. Venture One Rewards by Capital One has a variable purchase APR that ranges from 15.49% up to 25.49%.
• No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
• 3% Balance transfer fee. Venture One Rewards by Capital One charges a fee of 3% on balance transfers. For example, a balance of $1,000 could cost $30 in transfer fees.
• No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
• Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, identity theft protection, purchase protection, travel accident insurance, travel assistance, and fraud protection.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

The Good

The Bad

Transfer your miles to over 10 leading travel loyalty programs. Potentially lower than average purchase APRs. 0% APR on new purchases during the first 12 months. No annual fee. Multiple credit card perks. Offers auto rental collision damage waiver. Extended warranty on purchases. Identity Theft Protection. Travel accident and travel assistance insurance. No foreign transaction fee. Cardholders can earn rewards on their purchases. Venture One Rewards by Capital One reports to multiple credit bureaus.

Low rewards rates. Requires good to excellent credit. Charges a 3% balance transfer fee. After the introductory period, the fee is 0% .

Does Capital One Venture One card have a cash back or rewards program?

Capital One Venture One card is a travel rewards card.

Capital One Venture One card Rewards

Minimum rewards rate	1.25x
Max rewards rate	5x
Annual rewards limit	N/A
Signup Bonus (Points/Miles)	20000
Signup Bonus Spend Requirement	$500
Signup Bonus Spend Period (months)	3 months

What are the Capital One Venture One card benefits?

It provides the following benefits:

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

What are the relevant APRs for Capital One Venture One card?

According to the Federal Reserve Board, the average regular APR is 15% for all credit cards and 17% for accounts that carry a balance. This card has lower than average regular APRs.

Venture One Rewards by Capital One has a variable purchase APR that ranges from 15.49% up to 25.49%. The card has a variable balance transfer APR that ranges from 15.49% up to 25.49%. It also has a variable cash advance APR of 25.49% .

What are the fees for Capital One Venture One card?

The following fees apply:

Capital One Venture One card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Late Payment Fee	up to $40

This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost rewards card.

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

Yes, Venture One Rewards by Capital One 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 may help improve your credit.

How to apply for Capital One Venture One card

• Visit the Capital One Venture One 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.