AwardWallet receives compensation from advertising partners for links on the blog. The opinions expressed here are our own and have not been reviewed, provided, or approved by any bank advertiser. Here's our complete list of Advertisers.
What if we told you that you could earn 20,000 transferable miles, a $100 Capital One Travel credit, at least 1.25X miles per dollar on every purchase, and pay no annual fee? Well, you can thanks to the new offer on the Capital One VentureOne Rewards Credit Card.
Here’s a look at all the details of this offer and why it might be the next card you add to your wallet.
- Earn 20,000 miles once you spend $500 on purchases within 3 months from account opening, plus enjoy a $100 credit to use towards flights, stays, and rental cars booked through Capital One Travel during your first cardholder year.
- 1.25 Miles on every purchase
- 0% intro APR on purchases for 15 months; 19.24% - 29.24% variable APR after that
- No foreign transaction fees
- $0 annual fee
- 5 Miles per dollar on hotels, vacation rentals, and rental cars booked through Capital One Travel
- 5 Miles per dollar on purchases through Capital One Entertainment (through 12/31/2025)
- 1.25 Miles per dollar on every purchase, every day.
Earn 20k Miles Plus a $100 Capital One Travel Credit With the Capital One VentureOne
The welcome offer on the Capital One VentureOne just got better. Right now, new applicants can earn 20,000 miles once you spend $500 on purchases within 3 months from account opening, plus enjoy a $100 credit to use towards flights, stays, and rental cars booked through Capital One Travel during your first cardholder year.
What's the Capital One VentureOne welcome bonus worth?
On average, AwardWallet users redeem Capital One miles for 2.03¢ each. That makes 20,000 bonus miles worth over $400 toward award travel when you strategically transfer them to one of Capital One’s 19 transfer partners. Alternatively, you can redeem these miles for 1¢ towards travel you've already booked.
You’ll also get a $100 Capital One Travel credit you can use toward flights, hotel stays, or rental cars booked through Capital One Travel.
If you redeem your miles at the average AwardWallet user rate and value the travel credit at face value, this welcome bonus is worth at least $500 toward future travel. That's pretty impressive for a card with no annual fee.
Related: Complete Guide to Capital One Rewards Miles: Earning and Redeeming Like a Pro
Why Get the Capital One VentureOne?
The Capital One VentureOne often gets overshadowed by its annual fee-charging stablemates, the Capital One Venture Rewards Credit Card and Capital One Venture X Rewards Credit Card. But if you're looking for a card with no annual fee, consider the Capital One VentureOne.
Beyond the sign-up bonus, here’s what the Capital One VentureOne offers:
- Earn 1.25X miles per dollar on every purchase, plus 5X miles on hotels, vacation rentals, and rental cars booked through Capital One Travel
- Capital One miles are transferable to 19 travel partners, including 16 airline and three hotel loyalty programs.
- 0% intro APR on purchases and 0% intro APR on balance transfers; 19.24% - 29.24% Variable APR after that; Balance transfer fee applies.
- Complimentary Hertz Gold Plus Rewards Five Star status.
- Receive a 50% discount on eligible purchases made at Capital One Cafés around the U.S.
- No foreign transaction fees.
Related: Our Full Review of the Capital One VentureOne Rewards Credit Card
Bottom Line
There’s a lot to like about the Capital One VentureOne. Whether you’re already in the Capital One ecosystem and want to pick up 20,000 miles and a $100 travel credit, or you’re just dipping your toe into Capital One credit cards for the first time, this offer is a solid bonus for a no-annual-fee card.
- Earn 20,000 miles once you spend $500 on purchases within 3 months from account opening, plus enjoy a $100 credit to use towards flights, stays, and rental cars booked through Capital One Travel during your first cardholder year.
- 1.25 Miles on every purchase
- 0% intro APR on purchases for 15 months; 19.24% - 29.24% variable APR after that
- No foreign transaction fees
- $0 annual fee
- 5 Miles per dollar on hotels, vacation rentals, and rental cars booked through Capital One Travel
- 5 Miles per dollar on purchases through Capital One Entertainment (through 12/31/2025)
- 1.25 Miles per dollar on every purchase, every day.
The comments on this page are not provided, reviewed, or otherwise approved by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
