Credit Cards

Capital One® VentureOne® Rewards Credit Card Review

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Last updated on August 29, 2019 Comments: 5

Update – This offer is now EXPIRED.

Credit card companies tend to have some of the most pervasive marketing messages. Through frequent commercials, credit cards get their branding goals across with immediately identifiable taglines. Discover has “It pays to Discover.” Citibank has been using “Citi never sleeps” recently. One of the most effective marketing hooks comes from Capital One®, with the indelible “What’s in your wallet?” message. The ads are also memorable because they are confusing. Why, exactly, are barbarians the spokespeople for the card? Alec Baldwin signed on as a spokesperson recently, so now they offer a mixed message with barbarians on the one hand with an eloquent and cultured version of Alec Baldwin on the other.

The product in which Capital One® spends the most time advertising is the Capital One® VentureOne® Rewards Credit Card. This card is designated one of the best travel rewards credit cards and new account holders will earn 20,000 bonus miles after spending $1,000 on purchases during the first three months, which is equal to $200 in travel.

Capital One® also includes a 0% introductory APR for new customers on purchases until February 2017, so this card is great for making interest-free purchases, as long as the cardholder focuses on getting the entire balance paid off by the time the introductory period ends.

The Capital One® VentureOne® Rewards Credit Card carries a simple rewards program. Every card user earns 1.25 miles for every dollar spent, and these miles never expire. There is no maximum to the miles earned, and they can be redeemed to fly any airline, stay at any hotel, any time.

The standard purchase APR on the card once the introductory rate expires is 12.24% to 22.24% variable, depending on credit history. This rate, or range of rates, is also the rate for balance transfers. Although there is no low-interest introductory offer for balance transfers, the Capital One® VentureOne® Rewards Credit Card has a $0 balance transfer fee, unlike most other major cards currently on the market.

In addition to the travel rewards and low APR, Capital One® VentureOne® Rewards Credit Card also offers the following:

  • No foreign transaction fees
  • No annual fees
  • No blackout dates when redeeming miles

The Capital One® VentureOne® Rewards Credit Card is a great all-around travel rewards credit card but the up-front bonus is a little light. If you have the excellent credit that this card requires, you may want to consider the Chase Sapphire Preferred Card as they offer 60,000 bonus points after you spend $4,000 in the first 3 months which is worth $750 toward travel. The rewards are similar, and Chase provides a nice 25% bump in value when you use your points to book travel through Chase.

Article comments

5 comments
Anonymous says:

Whoops! Citicard sent me a solicitation in the mail. I returned the selfaddressed stamped envelope saying “Get rid of Alec Baldwin”. Baldwin, the child abuser, does commercials for another bank. Sorry, Citicard.

Anonymous says:

Alec Baldwin is an idiot. Once my balance is paid off I am going to cancel my card if I keep seeing him advertising for Capital One. I will not contribute to anyone who treats people the way he does and I wouldn’t think Capital One would either.

Anonymous says:

I am always happy to write about Capital One, especially since they have been sending bills about 20 years, adding $580. a year since I refuse to pay for something I did not buy. That balance has grown to $11,167.43- for nothing!! If you do not want your credit records and credit worthiness score ruined, and enough make-believe bills to paper a wall: by all means do not ever answer credit card offers from Capital One.

Anonymous says:

I got an offer in the mail to upgrade my regular old Capital One platinum card – same credit limit for 10 years, to the Venture card. I put it off and missed the deadline – no big deal – but here’s the thing: along with my “personalized” offer, there was an identical offer to some other guy, with another card number, and with an address similar to mine! The two form letters were identical except for the names. Someone at Cap 1 isn’t careful!

Now, how should I handle this? Should I call the guy and tell him (some immigrant in Miami) or should I Twitter it at their site? I am suffering mental duress, and the poor fellow in Miami — he missed his offer and I have his personal details.

Moreover, Sharebuilder tricked me with an offer for $25 – just deposit $50 or more for 4 months. I did the first deposit and it went straight into one of my little holdings — for $4! So, I am instantly in the hole by 8% on that one! Tricky… going to close all Cap 1 contacts (ING, Sharebuilder, etc) except my card because of that and because they sent me someone else’s details.

Anonymous says:

Seems I remember that Capital One started the ‘Barbarian’ ads saying that they could
protect you from the barbarians that wanted to steal your money and your identity through
your credit card…..they showed barbarians attacking a suburban home, and the family
stopping the attack by using a Capital One card. Suddenly the barbarians were the (mostly) sympathetic
center of the ads. Hey, whatever works in advertising. I agree that having the barbarians as
spokesmen for the company would seem to be a bit mystifying to someone who didn’t see
the first ads….