Capital One® VentureOne® Rewards Credit Card

Apply by phone 1-866-960-8706
  • Enjoy a one-time bonus of 20,000 miles once you spend $1,000 on purchases within the first 3 months, equal to $200 in travel
  • Earn unlimited 1.25 miles per dollar on every purchase, every day and pay no annual fee
  • Fly any airline, stay at any hotel, anytime
  • Enjoy a low intro APR on purchases until April 2016; 11.9%-21.9% variable APR after that
  • Travel when you want - no blackout dates
  • No foreign transaction fees
  • Miles don’t expire and there’s no limit to how many you can earn
Annual Fee
Purchase Intro APR
Purchase Regular APR
Balance Transfer Intro APR
Balance Transfer Regular APR
until April 2016
$0
0%
11.9% – 21.9%*
N/A
11.9% – 21.9%*
Variable
Variable
Annual Fee
Purchase Intro APR
until April 2016
$0
0%
Purchase
Regular APR
Balance
Transfer
Intro APR
Balance
Transfer
Regular APR
11.9% – 21.9%*
N/A
11.9% – 21.9%*
Variable
Variable

Offer Details

Click here for Additional Details

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* See the online Provider's credit card application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However all credit card information is presented without warranty. When you click on the 'Apply Now' button, you can review the credit card terms and conditions the provider's website.

Cash Advance Rate 24.9%* Variable
Cash Advance Fee 3%, Min: $10
Late Fee Up to $35
Balance Transfer Fee $0

Cardholders' Reviews

The following information and reviews are brought to you by Credit Karma and/or its users. Banks, issuers, and credit card companies do not endorse or guarantee, and are not responsible for this content.
Most Helpful Positive Review
MichaelintheLBC
APPROVED!
by MichaelintheLBC
Helpful to 160 out of 175

Credit Karma recommended I apply for Capital One's "VentureOne" card with good approval odds.  I decided to apply, as I'd been working on improving my credit for the past two years.  However, not wanting to just jump in, I researched both cards using Credit Karma's community reviews, credit card metrics, and other credit card boards for opinions, regarding approval.

The general consesus is to use Capital One's "pre-approval" tool.

Based on Capital One's questions/ remarks for defining "Excellent", "Average," or "Rebuilding," I defined my credit as "Excellent" - even though it's far from it:

From Credit Karma: TransUnion Vantage Score: 687
TransUnion "New Account" (traditional FICO estimate): 629

From Capital One's report:
TransUnion: 642

I chose "Excellent' based on my personal profile of not having the "Average" negative remarks/ notes.  In any case, back to the pre-approval tool, they came back with the VentureOne as a recommendation.  So, I figured I'd apply for the VentureOne - no lie, having Credit Karma's "recommend for you" (and the past couple years of credit rebuilding and the research) gave me the 'courage' to submit.  60 seconds later: APPROVED!

 

Addional Credit Profile Notes:

GOOD: My credit utilization, deragotory remarks, total accounts (mostly student loans), and credit inquiries were all in "Excellent" status.
BAD: My payment history was very poor (95%), and my average age was poor (4y 7m).
CAVEATS: All of my open/ current accounts have been on-time/ no lates for the past 2-3 years.  My older accounts are student loans approaching 10 years.  Lastly, I have 3 CLOSED/ REMOVED collection accounts.  The most recent (and last) collection was closed less than a month before applying.

I have a decent salary: $63,000.

Additional Credit Card Notes:

This was the first 'real' credit card I applied for in the past 2 years, after being declined.  However, I took note of the reasons why I was declined (Chase Freedom (05/2013) and Macy's (03/2013)  ) and worked on improving the areas noted.

I chose to apply for the VentureOne card because I want to finance a trip to visit family in Florida and future flights/ trips - I live in California.  I also intend to use it for higher expenses, like auto maintenance, to build miles.

In the same 10min window, I applied for both the VentureOne and Quicksilver (approved for both) basically because I'd "burned" a hard inquiry anyways.  I've reviewed my credit reports, and as I thought, I only have one hard credit inquiry for both cards.  I was planning on applying for both eventually anyways, so this was a nice 2 for 1 opportunity.

 

I hope my review helps some people with similar situations.  I'll re-review the card, after I've had it longer.  But so far, it's working as I'd expected it to, the customer service has been courteous and easy to work with (I had to update my address before receiveng the card), and the website is user-friendly.

The following information and reviews are brought to you by Credit Karma and/or its users. Banks, issuers, and credit card companies do not endorse or guarantee, and are not responsible for this content.
Most Helpful Negative Review
Anonymous
Stay Away
by Anonymous
Helpful to 176 out of 192

I'll start by saying I have had a Capital one card for at least 10 years. I've been happy using it overseas, but unhappy about the APR issue and finally challenged them overit several times this week.

I think you should be made aware that the 11.9-19.9% APR range is a scam.Thats the only way I can describe it, seeing as it doesn't appear to be possible to get it lowered below 19.9%.

When I called to ask why my APR was 19.9% even though my credit score is about 825, they told me it was because it was all they could offer me. No 'body' on the phone would even discuss the 11.9% or tell me what I had to doaside from having a good credit score to get it. I called several times over several days about the issue just to be thorough, and I got the same stonewalling each time.

I eventually had to hang up and call the 'new cards' line pretending to be a new customer wanting the card to be told anything about the APR. They told me that the APR was decided based on my credit. Surprise surprise!

So, the application line says its given based on my good credit, but the customer service line says I can't get it lowered from 19.9% even with my 825 credit score.

I just want to share my very disturbing personal experience with everyone. When I call each time, I get an overseas call office that sound like they just want to read off the screen. When I repeated my question clearly asking "what does it take to get a lower APR" the lady at the other end would just get confused and say they were giving me all they could give me. Total Stonewalling... and as I hope you are starting to pick up.. pathetic excuse for customer service.

I emailed them at my account on their website too and they said they couldn't help me but to call the number. I did that 3 times just to give them a chance. I have a witness who was even on one of the phone calls with me (who, after hearing their bizarre treatment of me as a customer, no longer wants to get one of their cards by the way!)

I think everyone should be fully aware of the TRUTH rather than the facade.

Thank you


Our Take

If you have good to excellent credit and are looking for attractive travel rewards, the Capital One® VentureOne® Rewards Credit Card could be an appealing option.

What to Like

Cardholders earn 1.25 miles on every purchase every day, as well as a 20,000 mile bonus after spending $1,000 in the first three months of card membership. Miles can be redeemed for airline tickets, hotel rooms and car rentals with no limit on the amount of miles earned, and no expiration date. The Capital One® VentureOne® Rewards Credit Card also offers a 0% introductory APR on purchases until April 2016.

Look Out For

Late payments can result in a high penalty APR and cause you to lose some of the rewards you earned, so it’s important to stay on-time. Unredeemed rewards can also be lost if your card is closed.

Rewards

Sign-Up Bonus

Earn 20,000 miles after you spend $1,000 in 3 months.

All Purchases

1 mile per dollar

No cap on spending


Similar Offers

Capital One® VentureOne® Rewards Credit Card

Balance Transfer Intro APR Purchase Intro APR Regular APR

until April 2016

N/A

0%

11.9% – 21.9%*

Variable

† These Approval Odds represent Credit Karma's estimation of how likely you are to be approved for a product based on a comparison of your profile with data about Credit Karma members who have been approved for the product in the past (if available). There is no guarantee that you will be approved by the lender or that credit will be extended to you.

‡ Average score refers to the arithmetic mean, typical low score to the 5th percentile and typical high score to the 95th percentile of, in each case, available VantageScore 3.0 credit scores provided by TransUnion of Credit Karma members who were approved for this product from October 2014 through March 2015. Average and typical approved scores are provided as guidelines only and approval is not guaranteed. You can learn more about credit card approval through our in-depth article.

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