Capital One VentureOne Card Benefits Guide
The Capital One VentureOne Rewards credit card is one of the best travel credit cards available with no annual fee. While a no annual fee card may appear to have few advantages to offer compared to those with annual fees, Capital One VentureOne cardholders can enjoy some valuable benefits.
The main advantages of the VentureOne card
The travel benefits of the Capital One VentureOne Card are impressive. It offers 1.25X miles per dollar spent on every purchase, with no limit. And new cardholders earn 20,000 bonus miles after using their card to spend just $ 500 within three months of opening the account.
These Capital One miles are worth 1 cent each as statement credits for travel purchases, or you can transfer your miles to a variety of partner airlines and hotels. Some transfers are 1: 1 while others are 2: 1.5 or 2: 1.
|Transfer to 1: 1 ratio||Transfer to ratio 2: 1.5||Transfer to 2: 1 ratio|
Beyond the travel rewards, you should be aware of several other key benefits of the Capital One VentureOne card:
- New accounts receive 12 months of 0% APR on purchases (15.49% to 25.49% variable APR thereafter)
- No foreign transaction fees on purchases processed outside of the United States
- No annual fee
- Award miles can also be redeemed directly for purchases on Amazon.com or through PayPal
There are several ways you can maximize these key benefits. First, if you plan to take advantage of the 12 months of interest-free financing, be sure to avoid interest charges by paying off your balance before the promotional period ends. And when traveling outside of the United States or charging a foreign company, be sure to use your Capital One card to avoid the 3% overseas transaction fee that many cards have. credit still charge.
And while you have the option of redeeming your Capital One award miles on Amazon.com for points and redeeming them directly through PayPal, you need to make sure you get the most out of your rewards. This is because it takes 125 Capital One miles to equal $ 1 in cash surrender value for these options, which equates to 0.8 cents per mile. That’s 20% less than what you would receive when you redeem your miles for statement credits for travel purchases, and it’s potentially much less than your miles could be worth when strategically transferred to travel partners and redeemed for high value airline or hotel reservations.
Other VentureOne Card Benefits You May Not Know About
Beyond its travel rewards program, VentureOne cardholders have access to many cardholder benefits.
Capital One offers its cardholders a variety of security features, including security alerts. This allows you to be notified via text, email, and phone if Capital One notices any potential suspicious transactions on your account.
Capital One also offers you the virtual card numbers of Eno, the automated assistant of its mobile application. By using a virtual card number, you can hide your real card number and minimize the risk of fraud. Eno can also be configured to offer account alerts that can notify you of potential errors, duplicate purchases, or recurring bill increases.
Other security features include the ability to temporarily lock your card using the Capital One mobile app, which comes in handy if your card is misplaced or lost. Capital One also offers its CreditWise service for credit monitoring, which provides alerts when your TransUnion or Experian credit report changes. You also receive a $ 0 fraud liability to completely protect yourself against liability for unauthorized charges.
Capital One Experiences
Capital One has also partnered with some major brands to provide VentureOne cardholders with access to dining, entertainment and sports experiences. For example, Capital One has partnered with NoCap to bring live streaming performances from popular artists in your living room. VentureOne cardholders receive 10% off the cost of streaming tickets in 2021 for all shows, as well as the option to purchase upgraded tickets for certain shows that include bonuses such as artist meet-ups and exclusive products.
Another current experience available to VentureOne cardholders is the James Beard Foundation’s Taste America Culinary Events. These events include fundraising dinners and cocktails featuring local and visiting Michelin-starred chefs.
Shopping in Capital One
Capital One offers a free browser extension that will automatically apply the best discount codes during checkout and let you know when the prices of products you’ve viewed and purchased have dropped. The Capital One Shopping tool saved users over $ 160 million last year.
While traveling, Capital One VentureOne cardholders have access to several travel insurance policies. (Note that these travel benefits may depend on your Visa Signature or Visa Platinum eligibility; see Capital One’s terms and conditions.) One of the most valuable is the collision damage waiver for cars from rental, which allows you to opt out of expensive optional insurance. offered by car rental companies when you use your card to pay for the rental.
Travel accident insurance – when you’ve used your card to pay for your ticket – is also included. It covers you up to $ 250,000 in the event of accidental loss of life, limb, sight, speech or hearing as a passenger.
Other travel benefits include access to the Visa Signature Luxury Hotel Collection, which offers discounts and amenities at over 900 properties around the world. You can also receive up to $ 3,000 in compensation for lost baggage reimbursement, as well as access to travel and emergency assistance and a road dispatch hotline. Be sure to check your specific card’s benefit guide for the terms and conditions of those benefits before you hit the road.
Extended warranty protection
When you make a purchase with your Capital One VentureOne card, you can benefit from its Extended Warranty Protection Policy, which extends the length of the original manufacturer’s warranty for up to an additional year (on three-year warranties). or less). This policy provides a maximum benefit of $ 10,000 per claim and $ 50,000 per cardholder, and certain items are excluded. See your Card Benefits Guide for full conditions and restrictions.
Other benefits to come
Capital One recently announced that it will deliver significant new benefits to its clients, including VentureOne cardholders. Later in 2021, it will launch Capital One Travel, in partnership with Hopper, which uses technology to help improve the travel booking experience. Features will include price prediction and alerting technology, as well as AI-based price recommendations.
Capital One also announced the opening of two new airport lounges that will include quality restaurants, exercise facilities and amenities for families. The first lounge will open in late summer 2021 at Dallas-Fort Worth Airport, with a second scheduled for Dulles International Airport outside of Washington, DC, in 2022.
The bottom line
The Capital One VentureOne Rewards card has no annual fee, but that doesn’t prevent it from offering many of the same features found on premium Travel Rewards cards which have an annual fee of hundreds of dollars. dollars. The most important feature is its robust rewards program which allows you to redeem your award miles for statement credits for travel purchases or to transfer your rewards to an expanded list of partner airlines and hotels.
But beyond the rewards, the important benefits of Capital One VentureOne include plenty of shopping, security, travel insurance, and purchase protection features. By taking a closer look at all of the perks included with this card, as well as other Travel or Capital One cards, you can choose the one that’s right for you.