How Does ValuePenguin Get Paid?

Capital One Venture Rewards vs. Capital One VentureOne Rewards Credit Card: Which One Is Better For You?

Capital One Venture Rewards vs. Capital One VentureOne Rewards Credit Card: Which One Is Better For You?

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.

While the Capital One Venture Rewards Credit Card is the better all-around travel rewards card, for consumers on a budget, the Capital One VentureOne Rewards Credit Card can also be a great option.

For consumers who are annual fee averse and could benefit from a long 0% intro APR period, the Capital One VentureOne Rewards Credit Card could definitely be worth it. For frequent travelers who don't mind a moderate annual fee, however, the Capital One Venture Rewards Credit Card will likely be the better choice.

Capital One Venture Rewards Credit Card vs. Capital One VentureOne Rewards Credit Card

Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
Capital One VentureOne Rewards Credit Card
Capital One VentureOne Rewards Credit Card
Best ForFrequent travelers who don't mind paying an annual feePeople who don't want to pay an annual fee and appreciate a long intro APR
Annual Fee$95$0
RewardsEarn unlimited 2 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar when you book on Turo, the world’s largest car sharing marketplace, through May 16, 2023Earn unlimited 1.25 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel
BonusEnjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travelEarn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
Biggest DownsideNo annual benefits or elite status offersDoesn't come with travel benefits
Purchase APR16.24% - 24.24% (Variable)0% intro on purchases for 15 months; 15.24% - 25.24% (Variable) APR after that
Apply Now
On Capital One's Secure Website
Apply Now
On Capital One's Secure Website

Earning rate

The Capital One Venture Rewards Credit Card and the Capital One VentureOne Rewards Credit Card offer similar earning rates:

Card
Earning rate
Capital One Venture Rewards Credit CardEarn unlimited 2 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar when you book on Turo, the world’s largest car sharing marketplace, through May 16, 2023
Capital One VentureOne Rewards Credit CardEarn unlimited 1.25 Miles per dollar on every purchase, every day; 5 Miles on hotels and rental cars booked through Capital One Travel

It should be noted that for a no-annual-fee card, the Capital One VentureOne Rewards Credit Card has an incredibly competitive rewards rate.

Between the Capital One Venture Rewards Credit Card and the Capital One VentureOne Rewards Credit Card, the earning rate is nearly identical, with the Capital One Venture Rewards Credit Card offering just 0.75 more points on all other non-Capital One Travel purchases. The primary differences between these two cards are more evident in their other features.

Annual fee

The biggest difference between the Capital One Venture Rewards Credit Card and the Capital One VentureOne Rewards Credit Card is the annual fee:

Card
Annual fee
Capital One Venture Rewards Credit Card$95
Capital One VentureOne Rewards Credit Card$0

Because the rewards structure of these cards is so similar, it's important to note that the Capital One Venture Rewards Credit Card charges an annual fee (albeit a moderate one, compared to higher-end travel cards), while the Capital One VentureOne Rewards Credit Card does not.

{"backgroundColor":"ice","content":"\u003C\/p\u003E\n\n\u003Cp\u003EBecause the rewards structure of these cards is so similar, it's important to note that the \u003Cstrong\u003ECapital One Venture Rewards Credit Card\u003C\/strong\u003E \u003Cstrong\u003Echarges an annual fee\u003C\/strong\u003E (albeit a moderate one, compared to higher-end travel cards), while the Capital One VentureOne Rewards Credit Card does not. \n","padding":"double"}

If not paying an annual fee is important to you, this is something you'll want to take into account when deciding between the two cards.

Sign-up bonus

Another area in which the two cards differ is their sign-up bonuses:

Card
Sign-up bonus
Capital One Venture Rewards Credit CardEnjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
Capital One VentureOne Rewards Credit CardEarn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel

The Capital One Venture Rewards Credit Card offers a significantly larger sign-up bonus than the Capital One VentureOne Rewards Credit Card, which is an important consideration when debating between the two.

Additional features

The Capital One Venture Rewards Credit Card comes with a couple of noteworthy benefits, including a $100 credit for Global Entry or TSA Precheck. Unfortunately, the Capital One VentureOne Rewards Credit Card does offer any TSA Precheck or Global Entry credit to its consumers. Lounge access is another valuable travel perk of the Capital One Venture Rewards Credit Card.

The Capital One VentureOne Rewards Credit Card, however, offers a long intro APR period which can be extremely helpful to consumers who tend to carry a balance on their card.

That said, we do always recommend you only put charges on your credit card that you feel confident you can pay off in full and on time each month to avoid falling into debt and negatively impacting your credit score.

{"backgroundColor":"gray","content":"\u003C\/p\u003E\n\n\u003Cp\u003EThat said, we do always recommend you only put charges on your credit card that you feel confident you can pay off in full and on time each month to avoid falling into debt and negatively impacting your credit score.\u003C\/p\u003E\n\n\u003Cp\u003E","padding":"double"}

Capital One Venture Rewards Credit Card features

  • Up to a $100 credit for Global Entry or TSA Precheck: For frequent travelers, Global Entry and TSA Precheck are invaluable, as they can save you significant time and hassle at the airport.
  • Two free visits per year to Capital One Lounges: This is a nice perk for travelers looking to relax while waiting for their flights.

Capital One VentureOne Rewards Credit Card features

  • Intro APR offer: Card members will receive a 0% intro on purchases for 15 months; 15.24% - 25.24% (Variable) APR after that.

It's worth noting, too, that both the Capital One Venture Rewards Credit Card and Capital One VentureOne Rewards Credit Card come with a host of additional benefits, including things like:

  • No foreign transaction fees
  • Travel accident insurance
  • Extended warranty
  • $0 fraud liability
  • Access to exclusive events
  • 24/7 customer service

Which card should you get?

As the two cards are quite similar, it can be challenging choosing the right card for your needs. Below we outline the benefits and features of both credit cards to help you decide which one will be best for you.

Best for travel rewards: Capital One Venture Rewards Credit Card

On Capital One's Secure Website

$95

16.24% - 24.24% (Variable)

660 - 850

  • Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • No foreign transaction fees

The Capital One Venture Rewards Credit Card is one of the top travel rewards cards on the market. Among its best features are its strong sign-up bonus: Enjoy a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel. It also offers a couple of key travel benefits, including a $100 credit towards Global Entry or TSA PreCheck and two free visits per year to Capital One Lounges.

The only real drawback to this card is that it charges a $95 annual fee, which can be problematic for consumers who would rather not pay anything for card ownership.

Pros

  • High earning rate
  • No foreign transaction fees
  • Strong sign-up bonus
  • Includes travel perks

Cons

  • Charges an annual fee
  • No annual benefits or elite status offers

Best for no annual fee: Capital One VentureOne Rewards Credit Card

On Capital One's Secure Website

$0

15.24% - 25.24% (Variable)

660 - 850

  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Enjoy 0% intro APR on purchases and balance transfers for 15 months; 15.24% - 25.24% variable APR after that

The Capital One VentureOne Rewards Credit Card is the no annual fee version of the Capital One Venture Rewards Credit Card. As such, the cards have a number of similarities but offer different strengths. For example, while the Capital One VentureOne Rewards Credit Card lacks travel perks, it does offer a long 0% intro APR period: 0% intro on purchases for 15 months; 15.24% - 25.24% (Variable) APR after that. Obviously, the lack of an annual fee is a major benefit of this card as well.

Pros

  • $0 annual fee
  • High earning rate
  • Intro 0% APR period
  • No foreign transaction fees

Cons

  • Doesn't offer travel benefits

Other Capital One credit card comparisons

In searching for the best credit card offer, you should never limit yourself to just two choices. The more options you consider, the better your odds of ending up with a card that is well-suited for your particular financial situation. To that end, we took a look at several other cards that are comparable to the Capital One VentureOne Rewards Credit Card and Capital One Venture Rewards Credit Card. We recommend checking them out before making your decision.

Bank of America® Travel Rewards credit card

The Bank of America® Travel Rewards credit card is worth considering if you are after a good fixed-rate travel rewards credit card. This card earns unlimited 1.5 points per $1 spent on all purchases, with no annual fee and no foreign transaction fees and your points don't expire, with a $0 annual fee. Overall, this is a solid $0 annual fee travel rewards card, and is rather comparable to the Capital One VentureOne Rewards Credit Card.

Pros

  • $0 annual fee
  • Fixed earning rate on all purchases
  • $0 annual fee
  • No foreign transaction fees
  • Points don't expire

Cons

  • Lacks travel benefits

Hilton Honors American Express Card

See Rates & Fees. Terms Apply. On American Express' Secure Website

$0

16.49%-25.49% Variable

660 - 850

  • Earn 80,000 Hilton Honors Bonus Points after you spend $1,000 in purchases on the Card in the first 3 months of Card Membership.
  • Earn 7X Hilton Honors Bonus Points for each dollar of eligible purchases charged directly with a hotel or resort within the Hilton portfolio.
  • Earn 5X Hilton Honors Bonus Points for each dollar of eligible purchases at U.S. restaurants, at U.S. supermarkets, and at U.S. gas stations.
  • Earn 3X Hilton Honors Bonus Points for all other eligible purchases on your Card.
  • No Foreign Transaction Fees. Enjoy international travel without additional fees on purchases made abroad.
  • Enjoy complimentary Hilton Honors Silver status with your Card. Plus, spend $20,000 on eligible purchases on your Card in a calendar year and you can earn an upgrade to Hilton Honors Gold status through the end of the next calendar year.
  • No Annual Fee.
  • Terms Apply.

The Hilton Honors American Express Card is a great alternative to either of the Capital One Venture cards for those who are Hilton loyalists. With a $0 annual fee and a stellar welcome offer, this card offers automatic Hilton Honors Silver Status with the ability to upgrade to Hilton Honors Gold Status (enrollment required). The only potential downside of this card is that for consumers that don't travel often or don't consistently stay at Hilton hotels, you'll likely benefit more from a general travel rewards card like the Capital One Venture Rewards Credit Card or Capital One VentureOne Rewards Credit Card.

For rates and fees of Hilton Honors American Express Card, please click here

Pros

  • $0 annual fee
  • High earning rate
  • Substantial welcome offer
  • Automatic Hilton elite status (enrollment required)
  • No foreign transaction fees

Cons

  • Must be brand loyal to Hilton to benefit from this card

Chase Sapphire Preferred® Card

On Chase's Secure Website

$95

16.24% - 23.24% Variable

720 - 850

  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 when you redeem through Chase Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 80,000 points are worth $1,000 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.

When comparing the Capital One Venture Rewards Credit Card and Chase Sapphire Preferred® Card cards, consumers will notice the two offers are comparable. The Chase Sapphire Preferred® Card earns 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases. It also includes a $50 Annual Ultimate Rewards Hotel Credit, a 10% anniversary points boost, and other limited-time perks all for a $95 annual fee.

Pros

  • Includes numerous travel perks
  • Chase points are worth more when redeemed for Chase Ultimate Rewards
  • Solid earning rate
  • High sign-up bonus

Cons

  • $95 annual fee

Best way to use Capital One Venture Rewards Credit Card and Capital One VentureOne Rewards Credit Card miles

The best way to use your Capital One rewards to maximize their value is to edeem them for travel despite that Capital One miles can be redeemed in a number of ways, including cash back, gift cards, Amazon or PayPal purchases, or to cover recent purchases.

You'll get the most value from your miles when transferring them to Capital One travel partners or booking a trip through Capital One Travel, which both offer about 1 cent per mile.

We don't recommend using your miles for the other redemption options, as you won't get as much value from your redemption. For example, we estimate that redeeming your miles for cash back only offers about 0.5 cents per mile.

{"backgroundColor":"ice","content":"\u003C\/p\u003E\n\n\u003Ch2 id=\"Best\"\u003EBest way to use Capital One Venture Rewards Credit Card and Capital One VentureOne Rewards Credit Card miles\u003C\/h2\u003E\n\n\u003Cp\u003E\u003Cdiv class=\"ShortcodePullquote--root\"\u003E\n \u003Cp class=\"ShortcodePullquote--text ShortcodePullquote--blue\"\u003E\n The best way to use your Capital One rewards to maximize their value is to \u003Cstrong\u003Eedeem them for travel\u003C\/strong\u003E despite that Capital One miles can be redeemed in a number of ways, including cash back, gift cards, Amazon or PayPal purchases, or to cover recent purchases.\n \u003C\/p\u003E\n\u003C\/div\u003E\u003C\/p\u003E\n\n\u003Cp\u003EYou'll get the most value from your miles when transferring them to Capital One travel partners or booking a trip through Capital One Travel, which both offer about \u003Cstrong\u003E1 cent per mile\u003C\/strong\u003E.\u003C\/p\u003E\n\n\u003Cp\u003EWe don't recommend using your miles for the other redemption options, as you won't get as much value from your redemption. For example, we estimate that redeeming your miles for cash back only offers about \u003Cstrong\u003E0.5 cents per mile\u003C\/strong\u003E.\u003C\/p\u003E\n\n\u003Cp\u003E","padding":"double"}

How to upgrade the Capital One VentureOne Rewards Credit Card to Capital One Venture Rewards Credit Card

You can upgrade your Capital One VentureOne Rewards Credit Card to the Capital One Venture Rewards Credit Card simply by calling the number on the back of your card and requesting an upgrade.

Luckily, upgrading from the Capital One VentureOne Rewards Credit Card to the Capital One Venture Rewards Credit Card shouldn't require a hard pull on your credit score so you can upgrade without worrying about causing damage to your credit score.

FAQs

Is Capital One Venture Rewards Credit Card worth the fee?

If you are a frequent traveler and can afford the annual fee, the Capital One Venture Rewards Credit Card can certainly be worth it for you. It comes with valuable travel perks and a solid rewards rate.

Are Capital One Venture Rewards Credit Card and Capital One VentureOne Rewards Credit Card Visa or Mastercard?

Both the Capital One VentureOne Rewards Credit Card and Capital One Venture Rewards Credit Card are Visa.

What is the best way to use Capital One Venture miles?

The best way to use Capital One Venture miles is for travel, which we estimate results in a value of about 1 cent per mile.

Which is better, Capital One® Savor® Cash Rewards Credit Card or Capital One Venture Rewards Credit Card?

The Capital One® Savor® Cash Rewards Credit Card is a cashback card and does not include travel-specific benefits. If you're looking for a high-earning cashback card rather than a travel rewards card, the Capital One® Savor® Cash Rewards Credit Card may be a better option.

Is Capital One Venture Rewards Credit Card or Capital One Quicksilver Cash Rewards Credit Card better?

The Capital One Quicksilver Cash Rewards Credit Card is a flat rate cashback card with a $0 annual fee. If you're looking for a cashback card without an annual fee rather than a travel rewards credit card, you may be better off with the Capital One Quicksilver Cash Rewards Credit Card.

Can I upgrade Capital One Quicksilver Cash Rewards Credit Card to Capital One Venture Rewards Credit Card?

To find out if you can upgrade from the Capital One Quicksilver Cash Rewards Credit Card to the Capital One Venture Rewards Credit Card, you can call the number on the back of your card to ask if you are eligible and request an upgrade.

For rates and fees of Hilton Honors American Express Card, please click here

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).