Capital One® VentureSM Rewards Credit Card

From the CompareCards.com Editorial Team:

The Capital One Venture Rewards card is a really exceptional piece of plastic for those who want to earn some fast and flexible travel rewards. In fact it was named Money magazine’s “Best Rewards Card” for those who want to earn lots of airline miles, thanks to the fact that you get double miles on every purchase, all the time.

Not only that but you can redeem miles for virtually any kind of travel related expense and there are no limitations on how many miles you can rack up by using the program and card. Neither do your accumulated miles expire. You can get 10,000 bonus miles if you spend at least $1,000 during the first three months of card membership, too, and for those who travel overseas there are no pesky foreign transaction fees.

The card is for people with really good credit, however, and there is a $59 annual membership fee. But the fee is waived in the first year and the standard APR falls into the reasonable range of 11.9%-19.9%, depending upon your credit worthiness.

The Bottom-Line
This is a really good travel rewards cards for people who can qualify for it by having excellent credit. You can earn lots of miles and use in them in many different ways with no expiration dates or hidden fees.

The Good
Your miles will not expire, there is no cap on how many you can earn, and you can redeem them for all sorts of travel products and services such as flights, hotels, and car rentals. Those who qualify for the lower range of interest rates get a sweet 11.9% APR and the annual fee is waived for one year.

The Not So Good
Your credit has to be exceptionally good and there is a $59 annual fee after the first year of membership.