The Capital One Venture Card is one of the credit cards greatly advertised on the market right now. However, its widespread popularity is not only about hype. This credit card is known for offering a significant sum of sign-up bonus, very flexible options on redemption, and a high constant rewards rate. It only means that this is one of the best credit cards you can get today.
Benefits and Basics of Capital One Venture Card
The Capital One Venture Card is a type of travel card. This is designed for people who need a credit card that will let them earn travel rewards but don’t want getting tied to a particular hotel or airline. This card works in a simple way:
- You get to earn 2 miles for each dollar spent.
- You can redeem miles for statement credit against every travel purchase. These miles are worth one penny per piece once redeemed for travel.
One more advantage is that since you book the flight as if you pay in cash, there is no need for you to worry about seat restrictions, blackout dates, or any other common limitations associated with rewards programs plans of airlines.
Big Bonus Upon Sign-Up
The Capital One Venture Card will give you a head start for your next travel with their sign-up bonus. You can get a one-time bonus worth 50,000 miles if you spend $3,000 on your purchases within 3 months after you open an account, which is equivalent in travel to $500.
High Rate for Rewards
Majority of airline-branded credit cards provide you one mile for every dollar spent on majority of purchases as well as double miles on purchases with the airline. Capital One Venture Card provides you double miles on everything. Its miles are worth the same one cent apiece as it’s the standard within the industry of airline.
No Fees for Foreign Transaction
Oftentimes, credit cards add a surcharge of around three percent to every purchase made in a foreign country. Great travel cards must not charge this fee and Capital One Venture Card doesn’t.
Flexible Redemption
The rewards program of Capital One Venture Card offers you 2 ways of redeeming miles for travel. These include the use of the travel center of the issuer to find deals on hotels, flights, all-inclusive vacation packages or rental cars, pay for them upfront with the accumulated miles.
Is Capital One Venture Card Right for Your Needs?
If you are serious about traveling, Capital One Venture Card must be on your radar. With the best ongoing travel rewards rates and high signup bonus in the market, it may go toe to toe with any travel cards. It is a great option if you like flexibility or you want to travel internationally. However, depending on your requirements, some travel credit cards might be a better choice. If you want to make a wise decision, you should explore some options first before you apply.