We don’t talk a ton about the Capital One VentureOne credit card. This is the no-fee Venture-family card that only earns 1.25X Capital One Miles per dollar spent. Normally we discuss the Venture X card these days, and sometimes the original Venture Rewards card.
The offer on the Capital One VentureOne has doubled and is the highest I’ve ever seen it at 40,000 miles for $1,000 in spend within 3 months.
On top of that you get an Intro 0% APR (19.24% – 29.24% variable APR after that) for 18 months. It used to be 15 months.
Interestingly enough, as my team and I were working on the upcoming 2.0 version of Your Best Credit Cards, I thought I had the wrong bonus offer and 0% Intro APR length on the current site, only to get an email a few minutes later about the change! Crazy timing.
Anyway, you might want to apply for this card for a few reasons.
- One is if you are flat out annual fee adverse. I mean I teach you all the time why you often get more out of a card with an annual fee than one without, but some of you still won’t pay one 😉
- Another reason is if you want that 18 month 0% intro APR. You don’t need amazing credit to be approved for this card and that is one of the longest 0% APR credit cards on the market. The Chase Edge Slate has an equal 18 month offer, but no bonus offer and earns no points.
- The last reason is the most fun. If you have a Capital One credit card that earns cash back (like the SavorOne or the Spark Cash Plus for Business), you can transfer your cash back into your VentureOne card where you can then transfer them out to the Capital One airline and hotel partners listed below.
You’d transfer $100 for 10,000 points. You could technically then have the Spark Cash plus for your business, rack up 2% on everything, and then transfer to your no fee VentureOne to spend the cash as miles.
| Capital One Miles | ||
|---|---|---|
| Transfer Ratio | Expected Transfer Time | |
| Air Canada (Aeroplan) | 1:1 | Instant |
| Air France / KLM Flying Blue | 1:1 | Instant |
| Avianca Lifemiles | 1:1 | Instant |
| Aeromexico | 1:1 | Instant |
| British Airways Avios | 1:1 | TBD |
| Cathay Pacific Asia Miles | 1:1 | Nearly instant |
| Choice Hotels | 1:1 | 1 day |
| Emirates Skywards | 1:1 | Instant |
| Etihad Guest | 1:1 | 1-2 days |
| Finnair | 1:1 | Instant |
| Qantas | 1:1 | 1-2 days |
| Singapore Airlines KrisFlyer | 1:1 | 1-2 days |
| TAP Air Portugal | 1:1 | TBD |
| Turkish Airlines Miles&Smiles | 1:1 | TBD |
| Wyndham Rewards Hotel Program | 1:1 | Instant |
| EVA | 2:1.5 | 1-2 days |
| Accor Live Limitless (ALL) Hotel Program | 2:1 | 1-2 days |
| Virgin Red | 1:1 | TBD |
How to Apply for the VentureOne card
Thoughts?
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You can find credit cards that best match your spending habits and bonus categories at Your Best Credit Cards.
New to all of this? My “introduction to miles and points” book, MilesTalk: Live Your Wildest Travel Dreams Using Miles and Points is available on Amazon and at major booksellers.
Can points be combined with Venture X to spend? Similar to Chase Ultimate Reward points?