Is No Price Capital One VentureOne Card Value It?
Hyperlink: Apply now for the Capital One VentureOne Rewards Credit score Card
The Capital One VentureOne Rewards Credit score Card is a well-liked no annual charge journey rewards bank card. I needed to evaluation the cardboard on this put up, and speak about whether or not this can be a good product to think about making use of for. Let’s go over a few of the key options of the cardboard, after which I’ll share my take.
Finest-ever 40,000 Enterprise bonus miles provide
The Capital One VentureOne Card has a best-ever welcome bonus of 40,000 Enterprise miles after spending $1,000 inside the first three months. That’s a wonderful bonus for a no annual charge card, however suffice it to say there are extra rewarding bank card bonuses on the market when you’re prepared to pay an annual charge.
No annual charge & no international transaction charges
The Capital One VentureOne Card has no annual charge and no international transaction charges. For many who wish to keep away from paying charges, this actually units the cardboard aside. There aren’t many strong journey rewards bank cards on the market that don’t have any international transaction charges, so this can be a nice possibility overseas.
1.25x Enterprise miles on all purchases
The Capital One VentureOne Card has a simple rewards construction, and affords a flat 1.25x Enterprise miles on all purchases. Capital One miles might be redeemed in quite a lot of methods, together with for one cent every towards the price of a journey buy, or they are often transferred at a 1:1 ratio to quite a lot of airline and lodge companions.
Personally I worth Capital One miles at 1.7 cents every, so by my math the cardboard affords a ~2.125% return on spending.
Must you apply for the Capital One VentureOne Card?
There are three variations of the Capital One Enterprise Card, so is the Capital One VentureOne Card the precise card for you?
When you take a look at the cardboard individually, it has some issues going for it. It’s uncommon to have a no annual charge card that has no international transaction charges and earns a couple of transferable mile per greenback spent. Moreover, the cardboard has a wonderful bonus for a no annual charge card.
So if (for no matter cause) you’re completely dedicated to not paying an annual charge and desire a “one measurement suits all” journey rewards card, this could in all probability be it.
It’s additionally price evaluating this card to the opposite playing cards within the Enterprise lineup. I believe there’s a case to be made for making use of for the $95 annual charge Capital One Enterprise Rewards Credit score Card (evaluation) as a substitute. Why? Most importantly:
- The cardboard has a welcome bonus of 75,000 Enterprise miles, which is sort of 4x as massive of a bonus
- The cardboard affords 2x Enterprise miles per greenback spent, reasonably than 1.25x Enterprise miles; that makes this among the best playing cards for on a regular basis spending
- Typically talking it’s attainable to downgrade a bank card when you’ve had it for a yr and determine you don’t need it; so you might apply for the higher card with the larger bonus, after which down the street it needs to be attainable to downgrade it to the no annual charge model, providing you with the most effective of each worlds
Personally I believe the most effective play is to use for the Capital One Enterprise X Rewards Credit score Card (evaluation). Now, the cardboard has a $395 annual charge, so I believe lots of people in any other case contemplating a no annual charge card could be postpone by that value level.
However let me simply say that the cardboard affords limitless perks, like a $300 annual journey credit score, 10,000 anniversary bonus miles, a Precedence Cross membership, entry to Capital One Lounges, entry to Plaza Premium Lounges, major rental automobile protection, mobile phone safety, and unbelievable approved person perks. That is the premium card with the annual charge that’s best to justify, for my part.
The Capital One VentureOne Card is a strong no annual charge card that provides an enormous bonus of 40K Enterprise miles, has no international transaction charges, and affords 1.25x transferable miles on all purchases. Whereas that’s a well-rounded card, I believe the a lot better play is to think about the Capital One Enterprise Card. The cardboard has a a lot larger welcome bonus, a greater rewards construction, and extra perks.
Do any OMAAT readers have the no annual charge Capital One VentureOne Card, and if that’s the case, what has your expertise been?