Capital One VentureOne Rewards for Good Credit

Capital One VentureOne Rewards for Good Credit Review

This is a rewards credit card issued by Capital One. If you're wondering whether Capital One VentureOne Rewards for Good Credit 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.

• High APRs. This is not a great card for people who carry a balance. It has a variable purchase APR of 26.99%
• 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. Capital One VentureOne Rewards for Good Credit 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.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

The Good

The Bad

You will earn 5 miles per dollar for purchases (hotel and car rental only) made through Capital One Travel using this Rewards card account. Earnings will apply to net purchases (purchases minus any credits or returns) only. You’ll earn the usual VentureOne travel rewards, but won’t be eligible for bonus miles or 0% intro APR. No annual fee. Identity Theft Protection. No foreign transaction fee. Cardholders can earn rewards on purchases everywhere Capital One VentureOne Rewards for Good Credit is accepted. Capital One VentureOne Rewards for Good Credit reports to multiple credit bureaus.

Higher than average purchase APRs. Requires good to excellent credit. Does not offer a signup bonus. Charges a 3% balance transfer fee. After the introductory period, the fee is 0% . Does not include many credit card benefits.

Does Capital One VentureOne Rewards for Good Credit have a cash back or rewards program?

Capital One VentureOne Rewards for Good Credit is a travel rewards card.

Capital One VentureOne Rewards for Good Credit Rewards

Minimum rewards rate	1.25x
Max rewards rate	N/A
Annual rewards limit	N/A

What are the Capital One VentureOne Rewards for Good Credit benefits?

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

What are the relevant APRs for Capital One VentureOne Rewards for Good Credit?

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 higher than average regular APRs.

Capital One VentureOne Rewards for Good Credit has a variable purchase APR of 26.99%. It also has a variable cash advance APR of 26.99% .

What are the fees for Capital One VentureOne Rewards for Good Credit?

The following fees apply:

Capital One VentureOne Rewards for Good Credit 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 Capital One VentureOne Rewards for Good Credit report your account activity to credit bureaus?

Yes, Capital One VentureOne Rewards for Good Credit 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 VentureOne Rewards for Good Credit

• Visit the Capital One VentureOne Rewards for Good Credit 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.