Capital One Venture Rewards full review
Earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening!
Read on to learn more about the Capital One Venture Rewards card
Capital One Financial Corporation is an American bank holding company specializing in credit cards, auto loans, banking, and savings accounts, headquartered in McLean, Virginia with operations primarily in the United States. It is on the list of largest banks in the United States and has developed a reputation for being a technology-focused bank.
More than 25 years ago, Capital One revolutionized the credit card industry with data and technology. Today, Capital One is the sixth-largest bank in the United States.
The bank has 755 branches and conducts business in the United States, Canada, and the United Kingdom. In 2016, it was the 5th largest credit card issuer by purchase volume, after American Express, JPMorgan Chase, Bank of America, and Citigroup.
With a market share of 5%, Capital One is also the second-largest auto finance company in the United States,
Capital One’s solid reputation and know-how is what brings you the Capital One Venture Rewards credit card.
So read on to find out more about this product.
How the Capital One Venture Rewards card will work
When you become a Capital One Venture Rewards cardholder, you will earn unlimited 2 miles per dollar on every purchase and 5 miles per dollar on hotels and rental cars booked through Capital One Travel. Furthermote, there’s an new cardmember offer should take advantage of: earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening.
Capital One Venture Rewards card has an annual fee of $95, which is above the average market fee.
Now let’s clear up some doubts through questions and answers.
Will the rewards ever expire?
Your rewards are yours for the life of the account—they will not expire. But if your account is closed, you will lose any rewards you have not redeemed.
Is there a limit to the amount of rewards one can earn?
There is no cap to the amount of rewards you can earn on purchases.
How to redeem rewards for travel?
You have two ways to redeem your miles for travel. You can redeem for past travel purchases, or you can book new travel reservations.
Is it possible to redeem the rewards for something other than travel?
You can also redeem your miles for cash in the form of a check or account credit, gift cards and more. Rates for these other redemption options vary and are subject to change without notice. As an Accountholder, you can enroll in online servicing at capitalone.com to see a complete description of current redemption offers.
You deserve some benefits
The benefits of the Capital One Venture Rewards card can be divided into four categories. Let’s look at them.
Travel & Shop
The list consists of 12 benefits.
- No Foreign Transaction Fees.
- 24-Hour Travel Assistance Services.
- Auto rental collision damage waiver.
- Capital One Shopping (online shopping tool that automatically applies available coupon codes to your order).
- Redeem your rewards with PayPal.
- Capital One Lounge.
- Travel accident insurance.
- Extended warranty.
- Transfer your miles.
- Shop with your rewards at Amazon.com.
- Capital One Travel.
- Partner Lounge Network.
Capital One Dining: make your next meal even more memorable with access to cardholder-only reservations at award-winning restaurants and tickets to curated culinary events.
Capital One Entertainment: enjoy access to can’t-miss events across music, sports and dining with exclusive pre-sales, tickets, suite experiences and more.
- Security Alerts.
- $0 Fraud Liability.
- Virtual Card Numbers from Eno.
- Card Lock (if misplaced, lost, or stolen).
- Account Alerts from Eno.
- CreditWise (alerts when your TransUnion® or Experian® credit report changes).
- Add an authorized user to your account and track spending by user.
- 24/7 Customer Service.
- Manage your account anywhere, anytime via the Capital One Mobile app.
- Chat with Eno (Capital One Assistant, to manage your account on the go).
- Balance Transfer.
- See Recurring Merchants.
Capital One Venture Rewards card requires good/excellent credit. So if you have the profile of someone who is trying to firm up the first financial steps, this card is not for you yet.
Also, it has a high annual fee of $95.
Want to know how to apply for the Capital One Venture Rewards card?
Got interested? Now is time to know how to apply for this card. But remember that you will need a credit score of good to excellent. Otherwise, the fees on that card will not do you any good and you will have more problems than advantages.
Well, let’s get to the point; tap on the green button to learn how to apply for your Capital One Venture Rewards.