The
Capital One VentureOne Rewards for Good Credit is a good travel rewards credit card for people with good credit who don’t plan to spend enough for a premium travel card to be worthwhile but are comfortable booking hotels and rental cars through Capital One Travel on occasion. This card has a
$0 annual fee, a
$0 foreign fee and modest yet flexible rewards.
Cardholders earn
1.25 miles / $1 spent on all purchases, except those made through Capital One Travel, which get you
5 miles / $1 spent. Capital One miles are worth 1 cent each when redeemed for travel.
VentureOne for Good Credit Review Highlights
5 miles / $1 spent on Capital One TravelYou can book rental cars and hotels directly through Capital One. Just make sure you can’t save even more than 5% by booking elsewhere.
1.25 miles / $1 spent on all other purchasesThe average rewards card offers 1 point or mile per $1 spent as its base rate, so you’ll be ahead of the curve with this card – just not by too much.
Easy rewards redemptionYou can use your miles to book upcoming travel or to pay off any travel-related purchase that posts to your account. Just don’t redeem for cash back because your miles will be worth less that way.
$0 annual feeThe average credit card offer charges an annual membership fee of
$22.29. Still,
credit cards with no annual fees are far from rare, so it’s a good idea to compare your options before you apply.
$0 foreign transaction feeNo Capital One credit cards charge foreign fees. Not having a foreign fee means you won’t have to pay extra if you travel abroad or just make an online purchase from a foreign merchant.
29.99% (V) APRThis is a high APR, so it’s best to pay your bill in full every month and use a different card for any financing needs. People with good credit can qualify for
credit cards with 0% introductory APRs.
Regular interest rates on credit card offers for applicants with good credit average
24.12%.
Good credit recommendedYou need a credit score of
700 or higher to have good odds of being approved for the
VentureOne for Good Credit. You can
check your credit score for free on WalletHub to get a better feel for your chances.
Alternatives for bigger spendersHigh-spending frequent travellers may want to consider the
Capital One Venture Rewards Credit Card (see Rates & Fees), which charges an annual fee but offers excellent rewards. If you’d prefer no annual fee, the
Capital One VentureOne Rewards Credit Card (see Rates & Fees) offers solid rewards and good sign-up perks.
Note: This review is not provided, commissioned or endorsed by any issuer. Opinions and ratings are our own.