Travel Rewards card review
Capital One VentureOne Rewards Credit Card
The no-fee entry point to Capital One Miles. Lower earning, but the miles behave the same way.
Open to new applicantsVerified on issuer pages
At a glance
Annual fee$0
Welcome offer20,000 bonus miles$500 in 3 months
IssuerCapital One
Rewards programCapital One Miles
Foreign transaction feeNone
Welcome offer
20,000 bonus miles after $500 of spending within 3 months.
Shown on Capital One's card listing page on 2 November 2026.
Earning rates
| Rate | On | Cap or condition |
|---|---|---|
| 5x | Hotels and car rental booked through Capital One Travel | No cap stated |
| 1.25x | Everything else | No cap stated |
Benefits and credits
- No annual fee
- No foreign transaction fees
- Transfer partners Same partner list as the other Venture cards.
Restrictions worth knowing
- 1.25x on general spend is below a flat 2% cash-back card unless you transfer miles well.
How to use it well
- Useful as a keeper card once you downgrade from a Venture or Venture X, since it keeps the miles account open with no fee.
- If you will not transfer miles to partners, a flat 2% cash-back card returns more.
Sources and freshness
What we checked: Fee and welcome offer read from Capital One's own card listing page on 2 November 2026.
- Capital One: all credit cards — read November 2, 2026
Last updated: November 2, 2026.
Other Capital One cards
- Capital One Savor Cash Rewards Credit Card — $0, open to new applicants
- Capital One Quicksilver Cash Rewards Credit Card — $0, open to new applicants
- Capital One Venture X Rewards Credit Card — $395, open to new applicants
- Capital One Venture Rewards Credit Card — $95, open to new applicants