INSIDER SECRET: Keep this card open long term because it earns flexible miles and will help improve your credit score, with no annual fee.
The Capital One VentureOne Rewards Credit Card is a great no annual fee card option for folks who still want to earn transferable points or receive a quick and sizeable sign-up bonus.
The card also comes with a slew of benefits that makes keeping it long term a no-brainer! Some benefits are standard with most credit cards, but others are particularly valuable or unique to Capital One.
Here’s what you need to know about Capital One VentureOne credit card benefits.
I appreciate the numerous Capital One VentureOne benefits that let me travel with peace of mind. (Photo by Joyseulay/Shuttershock)
I love redeeming Capital One miles for unique travel experiences such as train rides, boutique hotels, or local tours and rentals.
Capital One VentureOne Benefits
Apply Here: Capital One VentureOne Rewards Credit Card
Read our Capital One VentureOne Rewards Credit Card review
When you sign up for a new VentureOne credit card, you can earn 20,000 Capital One miles after you spend $1,000 on purchases within the first three months of account opening. That’s worth at least $200 in travel and can be redeemed toward any travel-related purchase.
But depending on your travel plans and preferences, you can get even more value from your miles by transferring the miles to any of the Capital One transfer partners. My favorite transfer partners are Air France/KLM Flying Blue, Singapore Airlines and Virgin Atlantic. If you can find value in any of the transfer partners, the ability to move around your miles can be a great perk.
You’ll also never pay an annual fee on the VentureOne card, making it a great option of folks with minimal credit history looking to improve their score for the long term. And because this isn’t a “premium” credit card, it’s easier to get approved for than some other Capital One credit cards.
My favorite current benefit of the VentureOne card is that you can earn 10x miles per dollar on hotels when booked and paid through hotel.com/venture through January 2020. That’s a fantastic earning rate and makes it one of my favorite credit cards with no annual fee.
In addition to these features, the VentureOne card offers the following benefits:
No Foreign Transaction Fees
If you love traveling overseas, it’s wise to bring a credit card that won’t ding you or charge you an additional fee for making purchases outside of the US. The VentureOne card is one of my favorite credit cards with no foreign transaction fees.
When you use the VentureOne to purchase an eligible item, the card will double the manufacturer’s warranty up to an additional year on eligible warranties of three years or less. That lets you avoid purchasing additional warranties when making big-ticket purchases.
CreditWise from Capital One
Capital One actually offers CreditWise to anyone (even if you’re not a Capital One customer), and it’s a great monitoring tool for keeping an eye on your credit to prevent against identify theft or credit reporting mistakes.
24-Hour Travel Assistance
Capital One will send you an emergency replacement credit card and even a cash advance if you lose your card and need help. This is great as a back up that you hopefully never need to use.
The VentureOne card’s 24/7 travel assistance can come in handy in tricky situations. (Photo by Tanasan Sungkaew/Shuttershock)
$0 Fraud Liability
With this benefit, you won’t be held responsible for unauthorized charges made with your card so you can have peace of mind using your card anywhere and everywhere. This can save you lots of hassle in the unfortunate event that your card gets compromised or stolen.
Card Lock and Virtual Credit Card Numbers
In addition to $0 fraud liability, Capital One will allow you to “lock” your credit card from their app in case you notice that you lost it or it was stolen. You can also request virtual credit card numbers to use online in order to protect your real card account information. Both of these are additional nice-to-haves that give Capital One account holders more peace of mind.
Rental Car Insurance
You’ll get secondary rental insurance when you pay for a rental car using your VentureOne card. This benefit is handy, but you can get even better coverage with one of many credit cards that offer primary rental car insurance.
You can apply for the Capital One VentureOne Credit Card here.
To learn more about Capital One miles, check out our guides:
Capital One Rewards Review
Capital One Miles Value
Best Way to Use Capital One Miles
Capital One Transfer Partners
How to Earn Capital One Miles
How to Setup a Capital One Miles Account
How to Use Capital One Miles
Do Capital One Miles Expire?
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