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Capital One VentureOne Rewards card art

Capital One VentureOne Rewards

By Alex Compton · Last verified

Transferable miles with no annual fee and no foreign transaction fees.

7.2/10Capital OnepersonalCapital One Miles
Offer recheck in progressBest for: Transferable miles with zero annual cost

Welcome Bonus

Under review

Current claim suppressed

Spend Requirement

Under review

Annual Fee

Under review

Last recorded terms remain in the history below

Credit Score

670+

(Good)

Historical Offers Chart

Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.

Sign-Up Bonus (points)Spending Requirement ($)
06,25012,50018,75025,000$0$187.5$375$562.5$7502021-012022-012023-012024-012025-012026-01Sign-Up BonusSpending Requirement ($)
ObservedOfferRequirementWhat changedEvidence
2026-0620,000$500 in 3 moTerms reconfirmedArchive record · no attached snapshot
2024-0120,000$500 in 3 moTerms reconfirmedArchive record · no attached snapshot
2021-0120,000$500 in 3 moEarliest recordArchive record · no attached snapshot

Primary-source verification log

Append-only evidence ledger

Event-level primary-source attachments begin with the September 2026 verification system. Older records remain visible but are not retroactively presented as evidenced.

Source checked 2026-06-10 · spot an outdated offer? Report a correction above.

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Last Recorded Earning Rates

These terms are historical context and are not presented as current.

  • 1.25xAll purchases
  • 5xHotels, vacation rentals, rental cars via Capital One Travel

Last Recorded Credits

No statement credits, this card wins on earn rates, not coupons.

Last Recorded Benefits

Confirm availability and enrollment requirements with the issuer.

  • Miles transfer to Capital One's full airline and hotel partner list
  • 0% intro APR on purchases for 15 months
  • No foreign transaction fees

Why it earns its spot

  • +Cheapest entry to a real transferable currency
  • +Easy bonus: 20,000 miles on just $500 spend
  • +No FTF on a no-fee card

Where it costs you

  • 1.25x base earn trails 1.5x flat-rate rivals
  • Most people outgrow it for the Venture within a year

The Compound Verdict

The lowest-stakes door into transferable points anywhere. The 1.25x earn is forgettable, but full access to Capital One's transfer partners on a free card is not. A fine first travel card and a fine downgrade landing spot.

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