Capital One Venture Rewards Credit Card Review

Review of: Capital One Venture Rewards Credit Card

Reviewed by:
On August 23, 2011
Last modified:October 18, 2015


This card offers excellent travel rewards and bonus miles. It's the card I carry and use everyday.

Venture, as defined by Webster’s dictionary, is to “proceed somewhere despite the risk of possible dangers.”  Seems like a strange way to introduce a credit card that is the most recognizable brand of the Capital One product line, but the Capital One® Venture® Rewards Credit Card offers excellent benefits for any consumer with good to excellent credit. This is a card that my wife and I have used for years, and have been extremely happy with it.

One of the few Capital One cards to offer a bonus up front, the Capital One® Venture® Rewards Credit Card rewards cardholders with 40,000 bonus miles after spending just $3,000 during the first three months of card ownership.  Every $1 you spend earns you two miles, which can be redeemed for any travel expense.  Miles never expire and there’s never a limit to the amount of miles that you can earn.

Note: Compare this and other travel rewards credit cards at

Having used the card, I can tell you that redeeming miles is very easy. You can redeem miles online in seconds for statement credits on travel related purchases. I use both the personal and business version of the card for this purpose.


The purchase APR on the Capital One® Venture® Rewards Credit Card is 12.9% - 22.9% (V) variable and the APR you will receive will be based on your credit history.  An annual fee of $59 is associated with this card, but it’s waived for the first year, allowing you to test drive your new credit card without paying a fee.  Last but certainly not least, this travel rewards credit card does not charge foreign transaction fees.


Owning a travel rewards credit card is a great way to save money on vacations and other travel purchases.  But foreign transaction fees can put a damper on every purchase you make outside of the United States.  Paying up to a 3% fee simply for making purchases abroad is not something a cardholder should have to put up with and fortunately, you don’t have to with the Capital One® Venture® Rewards Credit Card.

Compare this and other travel rewards credit cards at

Published or Updated: October 18, 2015
About Rob Berger

Rob founded the Dough Roller in 2007. A litigation attorney in the securities industry, he lives in Northern Virginia with his wife, their two teenagers, and the family mascot, a shih tzu named Sophie.


  1. I think I still prefer a combo of the Discover More card with rotating 5% cash back categories and the Penfed Visa with the 5% cash back on gas all the time. It gives me more options overall.

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