Capital One VentureOne Rewards
No-Fee Travel Card for Beginners
Practical Recommendation
VentureOne is the no-fee "learn the ropes" travel card: flat 1.25x everywhere, plus 5x when you book hotels and rental cars through Capital One Travel. Redemptions are easy (erase recent travel at 1¢ per mile) and you can graduate to transfers when you're ready.
If you want faster earning, Venture or Venture X will outpace it. If you want simple value with no annual fee and no foreign fees, this is a painless starter.
Credits
Practical Advice
This is what makes or breaks a card for you. If you can use these credits in your normal spend, the perks and protections are all bonus for you. We have a calculator at the bottom of this section to help you calculate that. Below we break down exactly what every credit is to show you if it's easy or if they're going to make you jump through 17 hoops to redeem it.
- $100 Capital One Travel credit (first year) – One-time credit inside Capital One Travel, available for the first 12 months after opening. Apply it at checkout to flights, hotels, rental cars, etc. It can be split across multiple bookings and does not earn miles. If you cancel, an unexpired credit returns; expired credit does not. Great if you'll book at least $100 through the portal; worth $0 if you never use Capital One Travel. — See VentureOne offer details • Capital One Travel terms
| What It Is: | $100 one-time statement credit to use on Capital One Travel bookings within 12 months of account opening. |
| How It Works: | Appears in your Capital One Travel account; apply at checkout on eligible bookings. Can use all at once or across multiple purchases; no miles earned on the credited amount. |
| Gotchas: | Expires on your 1-year anniversary; must book through the portal; account must be open and in good standing; canceled trips restore the credit only if it hasn't expired. |
| Who Actually Benefits: | Anyone planning at least $100 of portal bookings in year one (a single hotel night or rental car easily qualifies). |
| Practical Value: | Easy $100 if you'll make one portal booking; $0 if you won't. |
This is effectively what you are paying for this card. It is now up to you if the perks, protections, and earning rates are worth this fee to you over other cards.
Perks
- Earning, at a glance – 1.25x on everything; 5x on hotels and rental cars via Capital One Travel; 5x on Capital One Entertainment purchases. Use the portal when price matches or beats booking direct. — Compare Venture vs. VentureOne • Capital One Travel • Capital One Entertainment
- No foreign transaction fees – Handy for international trips or foreign merchants; avoids the typical 1–3% surcharge. — See benefits
- Transfer partners – Move miles to airlines/hotels for potentially higher value (when you're ready to learn award bookings). Partners include Air Canada Aeroplan, British Airways Avios, and more. — Transfer partners list
- Flexible redemptions – "Purchase eraser" lets you redeem miles at 1¢ each for recent travel charges or book through Capital One Travel. — Ways to redeem miles
- Hertz Five Star status – Enrollment required via your Benefits tab; status shows up 24–72 hours after registering. Useful for potential upgrades and shorter lines. — How to enroll
- Virtual card numbers (Eno) – Generate merchant-locked numbers for safer online checkout and easy cancellations. — Get Eno
- Capital One Travel protections – Price drop protection (up to $50 when you book when recommended) and 24-hour price match credit on portal bookings. — Travel protections overview
Protections
- Rental car insurance (secondary CDW) – Covers damage or theft to the rental car when you pay with the card; secondary to your personal auto policy; not liability insurance. — Benefits guide hub
- Travel accident insurance – Pays a benefit for covered accidental loss when travel is purchased with the card; terms and exclusions apply. — Visa Signature benefits
- Purchase security – Helps with theft or accidental damage on eligible new purchases for a short window after purchase; limits/exclusions vary. — Benefits guide hub
- Extended warranty – Adds extra warranty time on eligible items beyond the manufacturer's warranty; coverage caps and exclusions apply. — Visa Signature benefits