Here’s how the Capital One VentureOne scores against our benchmark. That doesn’t mean it’s the best credit card on the market - rather, it means we use it as a basic standard to compare other credit cards and see where they score better, and where they’re worse. Stacking up the Capital One VentureOne against our benchmarkĬNN Underscored has chosen the Citi Double Cash Card as our “ benchmark” credit card. It’s definitely more of a “would be nice” than a “must have” feature, but with cell phone insurance expanding onto more cards in recent years, it would be a great addition to the VentureOne in the future. The most notable omission from the Capital One VentureOne’s various protections is cell phone insurance, which is available on quite a few cards nowadays - even some without annual fees. The list feels a bit less compelling when contrasted with some of the American Express Membership Rewards or Chase Ultimate Rewards transfer partners. It’s also worth noting that while the list of Capital One transfer partners continues to grow, most of the partners are based outside of North America. For example, you could use the no-annual-fee Freedom Flex card when its rotating bonus categories make sense for your spending habits, and then the VentureOne for all other purchases. However, you could pair the VentureOne with a credit card like the Chase Freedom Flex℠ to unlock even more potential. Spend $500 and earn $200 with the Chase Freedom Flex credit card For those who like bonus categories, this may be seen as a disadvantage. With the exception of earning 5 miles per dollar for hotels and car rentals booked with the card through Capital One Travel, there are no opportunities to earn more than 1.25 miles per dollar on the VentureOne. While you can criticize elite credit cards for lacking perks that are expected alongside a lofty annual fee, it’s tough to knock the Capital One VentureOne given its annual fee of zero. In other words, those who have large purchases in their immediate future - engagement ring, anyone? - may want to take advantage of this card in order to minimize interest while paying down those assets.ĭisadvantages of the Capital One VentureOne iStockįinally, new cardholders will get a 0% introductory APR on all purchases and balance transfers for the first 15 months that your account is open (after 15 months, the rate jumps to a variable 19.74%-29.74%).
The Capital One VentureOne's auto rental damage coverage is there if you need it. Through a tool lovingly dubbed the Purchase Eraser, you simply apply your miles to any travel purchase when you get your statement, and what you owe is reduced accordingly. All miles can be redeemed to cover any travel purchase at a value of 1 cent per mile. The Capital One VentureOne offers a simple redemption path as well. Just note that hotels can be difficult about providing elite member benefits for stays booked through third-party portals such as Capital One Travel. You’ll earn 5 miles per dollar for hotel and car rental purchases made with the card through Capital One Travel. While there aren’t any broad bonus categories, there’s one avenue for scoring even more miles on the VentureOne. It even includes overseas transactions, and with no foreign transaction fees, you can use this card while traveling internationally and earn miles without being dinged for each purchase. It’s 1.25 miles on every purchase, everywhere, with no cap. In many ways, the VentureOne sets the bar for perks on a no-annual-fee credit card, though the overall earning rate isn’t quite as strong as our benchmark credit card, the Citi® Double Cash Card.īy far, the most compelling individual feature of the Capital One VentureOne card is its no-nonsense approach to earning miles. You’ll rarely find a no-annual-fee card that has no foreign transaction fees paired with a strong list of transfer partners, but both help define the VentureOne. Plus, most credit cards with no annual fee have weak or nonexistent sign-up bonuses, while the Capital One VentureOne’s 20,000-mile bonus - available when you spend $500 on purchases within the first three months after opening the account - is worth at least $200 in travel. Lower your expenses by getting one of these credit cards with no annual fee Your CNN account Log in to your CNN account
0 kommentar(er)
