Capital One Venture Card and Capital One VentureOne Card: A Comprehensive Comparison
In the world of travel credit cards, Capital One's Venture and VentureOne Rewards cards stand out as attractive options for frequent travellers. These cards offer rewards, travel benefits, and redemption options tailored to meet the needs of different types of travellers.
The Capital One Venture Rewards Credit Card, with an annual fee of $95, offers 2 miles per dollar on every purchase, and 5 miles per dollar on hotels, vacation rentals, and rental cars booked through Capital One Travel. The card also comes with a welcome bonus of 75,000 miles, worth approximately $750 in travel, when you spend $4,000 on purchases within the first 3 months from account opening.
On the other hand, the Capital One VentureOne Rewards Credit Card, which does not charge an annual fee, earns 1.25 miles per dollar on every purchase. Like its counterpart, it also offers 5 miles per dollar on hotels, vacation rentals, and rental cars booked via Capital One Travel. The welcome bonus for the VentureOne card is 20,000 miles, worth approximately $200 in travel, when you spend $500 on purchases within the first 3 months.
Both cards allow transferring miles to over 15 airline and hotel travel partners, booking any airline flights with no blackout dates, and have no foreign transaction fees, making them well-suited for travel.
When it comes to redemption options, both cards offer similar choices, including transferring miles to travel partners, booking travel via Capital One Travel, using miles for travel booking or statement credits, and redeeming miles for gift cards, PayPal, and Amazon purchases. However, miles are worth about 1 cent each when used for travel redemptions.
The Capital One Venture Rewards Card offers additional perks such as reimbursement for the Global Entry or TSA PreCheck application fee, making it more appealing for frequent travellers. In contrast, the Capital One VentureOne card is a good choice for casual travellers or those preferring no annual fee and simpler rewards.
In summary, the Capital One Venture Rewards Card is ideal for those who want higher rewards and travel perks and don't mind paying an annual fee, while the Capital One VentureOne card is better for those seeking a no-fee card with simpler rewards but lower earning potential.
[1] Capital One (2021). Capital One Venture Rewards Credit Card. Retrieved from https://www.capitalone.com/credit-cards/venture/
[2] Capital One (2021). Capital One VentureOne Rewards Credit Card. Retrieved from https://www.capitalone.com/credit-cards/ventureone/
[3] Capital One (2021). How to redeem your Capital One Miles. Retrieved from https://www.capitalone.com/rewards/redeem-miles/
[4] Capital One (2021). How to transfer Capital One Miles to travel partners. Retrieved from https://www.capitalone.com/rewards/transfer-miles/
- The business sector of personal-finance, particularly travel credit cards, appreciates Capital One's Venture and VentureOne Rewards cards for their travel-centric benefits and rewards.
- Alongside the venture Rewards card's annual fee of $95, it provides 2 miles per dollar on every purchase and 5 miles per dollar on travel booked through Capital One, coupled with a substantial welcome bonus.
- In comparison, the VentureOne Rewards card, devoid of an annual fee, rewards users with 1.25 miles per dollar on every purchase and identical travel-focused rewards, along with a smaller welcome bonus for new account holders.
- Both cards cater to various travel preferences, accommodating redemption options like transferring miles to travel partners, booking travel without blackout dates, and utilizing miles for travel, statement credits, gift cards, PayPal, or Amazon purchases.
- To invest wisely in travel and personal-finance, one should consider the lifestyle benefits offered by the Venture Rewards Card, with its higher rewards and travel perks, or the simplicity of the VentureOne Rewards Card, ideal for casual travellers or those seeking a no-fee card with a lower earning potential.
