Best no-annual-fee travel card
The Capital One VentureOne is a no-annual-fee travel card that allows cardmembers to earn 1.25 miles per dollar spent on all purchases. These miles can be used for travel purchases and are fully transferable to Capital One’s numerous travel partners. (Partner offer)
At a glance
- 5 Miles 5 Miles per dollar on hotels and rental cars booked through Capital One Travel
- 1.25 Miles 1.25 Miles per dollar on every purchase, every day
- $0 annual fee and no foreign transaction fees
- Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
At a glance
- 5 Miles 5 Miles per dollar on hotels and rental cars booked through Capital One Travel
- 1.25 Miles 1.25 Miles per dollar on every purchase, every day
- $0 annual fee and no foreign transaction fees
- Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
- Earn unlimited 1.25X miles on every purchase, every day
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Transfer your miles to your choice of 15+ travel loyalty programs
- Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.99% - 29.99% variable APR after that; balance transfer fee applies
Our Take
TPG Editor's Rating
Overview
The world of points, miles and credit cards can be difficult to enter, especially when many travel cards come with hefty annual fees. Luckily for many budding travelers, the Capital One VentureOne card is a no-annual-fee travel card that allows cardmembers to earn 1.25 miles per dollar spent on everyday spending and 5 miles per dollar spent on hotels and rental cars booked through Capital One Travel. With its flat rate earning and lack of annual fee, the Capital One VentureOne card could be the perfect intro travel credit card. Coupled with a sign up bonus of 20,000 bonus miles once you spend $500 within the first three months from account opening.
Pros
- No annual fee
- Earn a bonus of 20,000 bonus miles once you spend $500 within the first three months from account opening
- Use your miles to book or pay for travel at a 1-cent value, or transfer your miles to loyalty programs to gain potentially even greater value for your rewards
- Earn 1.25x miles on all purchases
- No foreign transaction fees
- The intro APR offer that comes with this card makes it a solid choice for those looking to finance a large purchase. You’ll get 0% intro APR on purchases and balance transfers for the first 15 months (19.99% - 29.99% variable APR after, there's a 3% balance transfer fee for the first 15 months or at the promotional APR offered at any other time. No fee for amounts transferred at the Transfer APR).
Cons
- Other credit cards can offer you higher rewards for your common purchase categories
- Capital One airline transfer partners do not include any large U.S. airlines
Who is this card good for?
The Capital One VentureOne card is a good fit for travelers looking to get into the points and miles world. It offers a flat 1.25 miles per dollar on everyday spending and has no annual fee. This simple model and lack of annual fee can be a great introduction for flyers looking into rewards traveling.
Earning Rewards
The VentureOne earns 1.25 miles per dollar spent on everyday purchases and 5 miles per dollar spent on hotels and rental cars booked through Capital One Travel.