VentureOne Rewards for Good Credit from Capital One

VentureOne Rewards for Good Credit from Capital One Review

This is a rewards card issued by Capital One. If you're wondering whether VentureOne Rewards for Good Credit from Capital One is the right card for you, read on.

Key Takeaways

• 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. VentureOne Rewards for Good Credit from 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.
• Good or better credit required. You will have low approval odds if your credit score is below 700.

Pros & Cons of VentureOne Rewards for Good Credit from Capital One

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 their purchases. VentureOne Rewards for Good Credit from Capital One reports to multiple credit bureaus.

Higher than average purchase APRs. You need good credit to qualify. 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.

VentureOne Rewards for Good Credit from Capital One FAQ

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

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

VentureOne Rewards for Good Credit from Capital One Rewards

Minimum rewards rate	1.25x
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A

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

It provides the following benefits:

• Zero fraud liability
• Reports to major credit bureaus

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

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.

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

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

The following fees apply:

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

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

• Visit the VentureOne Rewards for Good Credit from Capital One 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.