Capital One Venture is an excellent credit card – provided you’re someone who likes to travel. The card’s travel-related rewards are very generous, especially considering how flexible the redemption process is. Venture’s 50,000-mile sign-up bonus is worth $500 in any type of travel you want, for example. And you can use your miles to book travel ahead of time or to pay for travel purchases after the fact. But redeeming miles for anything but travel gets you half the value. So the double miles you earn on every purchase are worth just half a cent each when redeemed for cash back. Finally, there’s the $95 annual fee. It might be too rich for some people’s blood. But to others, it makes the Capital One Venture Card a bargain.
Here’s why Capital One Venture is a good credit card:
Reasonable fees. The annual fee is $95. You won’t pay a foreign transaction fee or a balance transfer fee on this credit card. The max late fee is $40.
Big initial bonus. When you spend $3,000 in the first 3 months your account is open, you get a 50,000-mile bonus. That’s worth $500 in travel rewards. Or you can earn up to 100,000 miles for spending $20,000 within the first 12 months
Generous rewards. You get 2 miles per dollar spent on every purchase, with no limit.
Redemption flexibility. You can redeem your miles to cover the cost of a trip after you take one, or you can use them to book flights, hotels and rental cars. There are other ways to redeem, like gift cards or cash back, but you get far less value.
Restriction free. Capital One doesn’t have any blackout dates or seating restrictions – you can book any flight, any time.
Here’s why Capital One Venture is not a good credit card:
Non-travel rewards lose value. Your miles are worth 1 cent each in travel and half that when used for anything else.
On-time requirement. You must always pay on time with this card. If you don’t, you’ll lose every mile you earned the month you were late.
Not good for financing. There’s no 0% intro rate – just a high regular APR.
In conclusion, Capital One Venture is a good credit card for anyone with good credit or better who likes to travel.
The best credit card for a 700 credit score could be the Capital One Venture Rewards Credit Card if you’re eager to earn travel rewards, Blue Cash Preferred if you’d prefer cash back or Wells Fargo Platinum card if you want 0% APRs. It all depends on your individual needs, as no card does everything best. But you do want to focus on cards that require “good” credit or below, since 700 is a good credit score. Of course, there are other things that affect the application process too, like income and the number of recent inquiries on your report.… read full answer
A good way to figure out whether you’re eligible for a particular credit card with your 700 credit score is to check for pre-approval on the issuer’s website. If you’re pre-approved for a card, you’re not guaranteed approval, but your odds are high – usually around 90%. You can do a pre-approval check for most of the best credit cards for a 700 credit score.
Here are the best credit cards for 700 credit scores
As you may have noticed, a lot of the best credit cards for 700 credit scores don’t have annual fees. So, you can pick up some great perks without having to shell out money for the privilege of having a card.
The best credit cards for a 600 credit score are secured cards because they offer easy approval and are often much less expensive than unsecured credit cards for bad credit. Secured credit cards require a security deposit, and the card’s credit limit is equal to the amount of the deposit. This deposit is fully refundable when you close your account with a $0 balance.… read full answer
If you’re not sure where to start looking for secured credit cards for a 600 credit score, WalletHub has picked out a few examples of popular offers.
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