From the CompareCards.com Editorial Team:
People with really great credit who want a wonderfully flexible travel card with no annual fees – plus especially good chances to earn miles – will enjoy the benefits of the Capital One VentureOne rewards card.
For starters, you can earn 1.25 miles per dollar on every purchase, every day, and then redeem rewards for a variety of travel products such as hotel reservations, airline flights, and car rentals. When you fly you don’t have to worry about blackout dates and similar card program restrictions, either.
The interest rates are reasonable, ranging from 11.9%-19.9% (V) depending on your creditworthiness, which is also the same rate for balance transfers. The introductory rate is 0% percent through December 2014 on purchases only.
The Bottom Line
You can earn 1.25 miles per dollar, which is a good program. Meanwhile, you get to apply the rewards across a range of products and airlines without blackout dates or expiration rules. This is a superior card for those who like to travel and also like to put purchases on their plastic.
There is no annual fee, which distinguishes this rewards card from many of its most expensive and less flexible competitors. 20,000 bonus miles can be earned in the first 3 months of card membership after making $2,000 in purchases.
The Not so Good
Unless you have excellent credit you probably will not qualify for this particular card.