Pros & Cons

Pros

  • +Welcome Bonus: 40,000 points
  • +Purchase protection included
  • +No foreign transaction fees

Cons

Our Review

Discover Simple, No-Fee Travel with the Capital One VentureOne Rewards Credit Card

  • 40,000 bonus miles after $1,000 spent in the first 3 months (worth $400 in travel)
  • 1.25X miles on every purchase, every day
  • Earn 5X miles on hotels & rental cars booked through Capital One Travel
  • Transfer miles to leading airline & hotel partners without a fee
  • No annual fee and no foreign transaction fees

Perfect for cost-conscious travelers, this card pairs a standout welcome offer with a straightforward earning structure. Enjoy flexible redemptions—use miles for travel statement credits, book through Capital One’s portal or transfer to top loyalty programs. Plus, manage your account effortlessly with real‑time alerts, contactless payments and an intuitive mobile app.

Terms apply. Bonus miles require $1,000 spend within 3 months. Miles worth 1¢ each toward travel. Balance transfers incur a 4% fee. APR: 19.24%–29.24% variable. See full terms for details.

Rewards

All Spending

1.25x

Capital One Miles pts per dollar

Credit Card Rewards Calculator

See how much you could earn with this card based on your spending.

¢/ point
0.50¢
Groceries1.25x
$700/mo
Gas & EV1.25x
$200/mo
Transit1.25x
$100/mo
Restaurants1.25x
$300/mo
Pharmacy1.25x
$50/mo
Travel1.25x
$150/mo
Bills & recurring payments1.25x
$250/mo
Telecom1.25x
$150/mo
Entertainment & streaming1.25x
$100/mo
Office supplies1.25x
$0/mo
All other spending1.25x
$500/mo

Points Earned

37,500

Capital One Miles/yr

Estimated Value

$375

After Fees

+$375

1st Year Value

$775

incl. welcome bonus

Breakdown

Groceries$8,400/yr × 1.25x10,500 pts
Gas & EV$2,400/yr × 1.25x3,000 pts
Transit$1,200/yr × 1.25x1,500 pts
Restaurants$3,600/yr × 1.25x4,500 pts
Pharmacy$600/yr × 1.25x750 pts
Travel$1,800/yr × 1.25x2,250 pts
Bills & recurring payments$3,000/yr × 1.25x3,750 pts
Telecom$1,800/yr × 1.25x2,250 pts
Entertainment & streaming$1,200/yr × 1.25x1,500 pts
All other spending$6,000/yr × 1.25x7,500 pts
Total annual spend$30,000
Total monthly spend$2,500
Average earn rate on spend per year1.25x
Total points earned37,500 pts
Value of points accumulated in the first year$375

Perks & Benefits

Concierge

24/7

Additional Benefits

$0 annual fee. 0% intro APR for 15 months on purchases and balance transfers; a balance transfer fee applies. No foreign transaction fees. Earn unlimited 5 miles per dollar on hotels, vacation rentals and rental cars booked through Capital One Travel. Book a trip with miles through Capital One Travel, or use miles to get reimbursed for past travel purchases made elsewhere; to redeem for a statement credit, redemptions must be made within 90 days from the date the travel purchase posts to your account. Rewards do not expire for the life of the account.

Travel Insurance

Trip Cancellation

Up to $1,500

Trip Interruption

Up to $1,500

Delayed Baggage

Up to $300

Lost Baggage

Up to $3,000

Travel Accident

Up to $1,000,000

Purchase Protection

Purchase Protection

Up to $1,000 / 90 days

Extended Warranty

+1 years

Auto Rental Collision (secondary, primary abroad)

Included

Price protection

Included

View the insurance certificate (PDF)

Fees and interest rates

  • Annual Fee
    $0
  • Foreign currency conversion fee
    0%

Terms & Conditions

Card Features

  • $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; 19.24% – 29.24% variable APR after that; balance transfer fee applies

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Conditions apply. All information is believed accurate but not guaranteed. Card details, rewards, and offers are subject to change at any time. Always verify the latest terms on the issuer’s website before applying. Milesopedia USA may receive compensation through affiliate links. This does not affect our editorial choices or card rankings. © 2026 Capital One. All trademarks are property of their respective owners.