Rewards Potentialįorbes Advisor estimates that the household has $36,177 in expenses that can be reasonably charged to a credit card. But it requires that effort be put in ahead of time to also understand the transfer program’s rules and limitations. Transferring to an account that values miles or points at a higher cash equivalence can be and often is the most effective way to maximize mile to dollar value.
Rewards earned with this card may be transferred to other Capital One accounts or to specific participating loyalty program accounts. Miles may be redeemed for both past travel purchases made on the card and new travel purchases at a dollar value of one cent per mile with no minimum. Redeeming RewardsĪs the VentureOne card is a travel rewards card, redeeming miles can be a bit more complicated than earning them. The lack of caps means no need to calculate limits and rewards do not expire as long as the account remains open.Ī welcome bonus is available for the card: 20,000 miles after spending $500 on purchases within 3 months from account opening, equal to $200 in travel. The perks of Capital One could, for the right customer, outweigh the slightly-better rewards of higher reward-yielding competition.Ĭardholders will earn 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 1.25 miles per dollar on every other purchase which are earned automatically with the VentureOne.
The card is worth considering as a solid all-around rewards card not because of its earning rate (which actually don’t compare as well to some no-annual-fee cash back competitors) but because of these extra benefits. Depending on the version of the card you are approved for, the extra travel benefits, like no foreign transaction fees, car rental damage coverage and travel accident insurance can create additional incentives for domestic and international travelers alike. The simplicity in VentureOne’s rewards earning might appeal to those without a desire for the complex systems of rotating capped earning categories offered by other cards. Although maximizing rewards this way comes with plenty of fine print and details to watch, the flexibility is worth taking note of. This means that rewards, which would normally be valued at one cent per mile, could be worth more. Though not as rewarding as its beefier peer, the Capital One Venture, for the casual rewards earner the appeal may lie in the card’s lack of an annual fee and the ability to transfer miles to qualifying partner hotel and airline programs. It also offers a 0% intro APR on purchases and balance transfers for 15 months 19.74% - 29.74% variable APR after that 3% fee on the amounts transferred within the first 15 months. The Capital One VentureOne credit card provides moderate rewards with an unlimited 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 1.25 miles per dollar on every other purchase and a welcome bonus of 20,000 miles after spending $500 on purchases within 3 months from account opening, equal to $200 in travel.
0 kommentar(er)
