Best no-annual-fee travel card

The Capital One VentureOne is a no-annual-fee travel card that allows cardmembers to earn 1.25 miles per dollar spent on all purchases. These miles can be used for travel purchases and are fully transferable to Capital One’s numerous travel partners.

At a glance

  • 5X 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
  • 1.25X Earn unlimited 1.25X miles on every purchase, every day.
40,000 miles
Earn a bonus of 40,000 miles once you spend $1000 on purchases within 3 months from account opening, equal to $400 in travel
19.24% - 29.24% (Variable)
None
29.24% (Variable)
19.24% - 29.24% (Variable)
0% intro on purchases for 18 months
0% intro on balance transfers for 18 months
$0
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 40,000 miles once you spend $1000 on purchases within 3 months from account opening, equal to $400 in travel

At a glance

  • 5X 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
  • 1.25X Earn unlimited 1.25X miles on every purchase, every day.
40,000 miles
Earn a bonus of 40,000 miles once you spend $1000 on purchases within 3 months from account opening, equal to $400 in travel
19.24% - 29.24% (Variable)
None
29.24% (Variable)
19.24% - 29.24% (Variable)
0% intro on purchases for 18 months
0% intro on balance transfers for 18 months
$0
  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 40,000 miles once you spend $1000 on purchases within 3 months from account opening, equal to $400 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 18 months; 19.24% - 29.24% variable APR after that; 3% fee on the amounts transferred within the first 18 months

Our Take

TPG Editor's Rating

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3/5

Overview

The world of points, miles and credit cards can be difficult to enter, especially when many travel cards come with hefty annual fees. Luckily for many budding travelers, the Capital One VentureOne card is a no-annual-fee travel card that allows cardmembers to earn 1.25 miles per dollar spent on everyday spending and 5 miles per dollar spent on hotels and rental cars booked through Capital One Travel. With its flat rate earning and lack of annual fee, the Capital One VentureOne card could be the perfect intro travel credit card. Coupled with a sign up bonus of 40,000 miles once you spend $1,000 on purchases within three months from account opening.

Pros

  • No annual fee
  • Earn a bonus of 40,000 miles once you spend $1,000 on purchases within three months from account opening.
  • Use your miles to book or pay for travel at a 1-cent value, or transfer your miles to loyalty programs to gain potentially even greater value for your rewards
  • Earn 1.25x miles on all purchases
  • No foreign transaction fees

Cons

  • Other credit cards can offer you higher rewards for your common purchase categories
  • Capital One airline transfer partners do not include any large U.S. airlines

Who is this card good for?

The Capital One VentureOne card is a good fit for travelers looking to get into the points and miles world. It offers a flat 1.25 miles per dollar on everyday spending and has no annual fee. This simple model and lack of annual fee can be a great introduction for flyers looking into rewards traveling.

Earning Rewards

The VentureOne earns 1.25 miles per dollar spent on everyday purchases and 5 miles per dollar spent on hotels and rental cars booked through Capital One Travel.

Frequently asked questions

  • Is the Capital One VentureOne the best Capital One travel card?

    The “best” credit card is a subjective term as different cardmembers will see the most benefits with different cards. Capital One currently offers three “Venture” cards: the VentureOne, Venture, and Venture X with the VentureOne being the least “premium”. Cardmembers who travel and spend more frequently may see better returns with a more premium card, even when adjusting for the annual fee.

  • Is the Capital One VentureOne card a World Elite Mastercard card?

    The Capital One VentureOne card is a Mastercard product. The issued card can vary by the applicant based on credit approval but will range from Standard Mastercard, World Mastercard, or World Elite Mastercard. World Elite Mastercard products includes additional benefits such as travel assistance, concierge and auto rental insurance. In addition, the card does not impose foreign transaction fees when traveling abroad.

    For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.