Capital One Venture Rewards Credit Card
Fees & APRs
Fees and APRs will vary, always be sure to check with the card issuer.
Dive into the geeky details and see how you reap the benefits.
- Earn 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3,000 on purchases in the first 3 months
- Earn unlimited 2X 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
- Receive up to $100 application fee credit for Global Entry or TSA Pre✓®
- Redeem on travel—including flights, vacation rentals, car rentals and more. Plus transfer your miles to over 15+ travel loyalty programs
Read through our extensive research on the Capital One Venture Rewards Credit Card and see if its the best credit card for you.
Capital One Venture does charge an annual fee of $95, but there’s no foreign transaction fee. Plus, you can use Venture miles to pay for any travel-related charges once they post to your account, which is great for people who like to shop around for the best deals on travel comparison sites. That policy gives you a lot of booking freedom relative to most travel rewards cards, especially when you consider how broad of a definition Capital One uses for Venture Card travel charges.
You can learn more about Capital One Venture’s unique benefits below, in our summary of the key things you should know if you’re thinking about applying for the Venture Card.
Capital One Venture Card Review Highlights
Hefty initial bonusCapital One Venture’s 50,000 miles are worth $500 when redeemed for any travel-related purchase that appears on your statement. All you have to do to earn this bounty is spend at least $3,000 within 3 months of account opening. Or, for a limited time only, you can earn 100,000 bonus miles if you spend $20,000 in the first 12 months of account opening.
Up to 2% back on all purchasesThe Capital One Venture Card gives you 2 miles per $1 spent on most purchases, which equates to 2% cash back when you redeem for travel. Miles are worth half as much when redeemed for anything else.
Travel-booking flexibilityUnlike many other rewards cards, the Venture Credit Card doesn’t force you to book rewards travel through Capital One. Instead, you can book wherever you want and then simply use your miles to pay for the purchase when it appears on your statement.
Generous ‘travel’ definitionThe fact that Venture rewards are worth half as much if you don’t redeem for travel could be a major drawback, depending on how “travel” is defined. Fortunately, Venture views the term pretty broadly. You’ll get full value for your miles by redeeming them for any of the following types of travel expenses:
- Hotel reservations
- Cruise reservations
- Train tickets
- Taxi, bus or limo fare
- Travel agent fees
- Time shares
Reasonable annual feeThe Capital One Venture Rewards Credit Card's $95 annual fee might scare some applicants off, but it’s a bargain when you consider the card’s rewards. The initial bonus alone covers more than five years of annual fees.
No foreign feeNone of Capital One’s credit cards charge foreign-transaction fees. And it is one of only two major issuers to take that step. This will save you 1.46% on all purchases processed outside the U.S., whether you’re traveling or simply buying something from an international merchant.
Built to be paid in fullLike most rewards cards, Capital One Venture sports a rather high APR. In fact, you’re likely to receive an above-average rate for your credit standing. So it’s best not to carry a balance from month to month with this particular plastic.
It’s fair to say that the Capital One Venture Card is an elite option for anyone with even a bit of travel on their itinerary. You just need to make sure you have the good or excellent credit needed to qualify. You can check your latest credit score for free on WalletHub to find out.
Learn More About the Capital One Venture Card:
The Capital One Venture credit score requirement is 700 or higher for good approval odds. That means applicants generally need good credit or better for Capital One Venture Card approval.
The Capital One Venture annual fee is $95.
Credit Limit Capital One assigns Venture Card credit limits based on each applicant’s credit history and ability to pay.
Spend some time reviewing the last details on the Capital One Venture Rewards Credit Card.
- Max Late Fee $40
- Max Overlimitfee None
- Max Penalty Apr None
- Grace Period 25 days
- Online Response No
- Cash Advanceapr 24.49% (V)
- Cash Advancefee 3% (min $10)
- Foreigntransaction Fee $0
- Smart Chip Yes, chip-and-signature
- No foreign transaction fees