This is such a great card! In the year I have been rebuilding my credit due to past problems and finally my credit is back to pristine and I was able to qualify for this one. I love the fact that I get free miles on pretty much any purchase!

The Capitol One Venture Rewards Credit Card is PERFECT for a person that travels as much as I do. Whit this card I earn 2 miles/$1 I spend and it has no foreign transaction fees! The bottom line is, if you are a traveler like me, then I would definitely consider this card.

I do like this card for the miles that you earn with every purchase. However, there are two things that urk me. One is that it does not allow me to transfer my miles online to my husbands card. Don't give that option when it is truly not available. I have to call in. Two is that they are not honoring their offer of personalizing credit cards due to the new chip technology. I won't have my chip card for over a year according to the representative. So why can't I have my card personalized for a year???? So lame. The representatives are nice. Although I do since a little tongue in cheek action.

I love this card! A couple of months ago I started searching for my first credit card. I saw a lot cash back cards which were appealing, but I decided to go with the Capital One Venture Rewards card. Because I wanted to travel. And this card offered me free miles with every purchase. I earned bonus miles in my first month just by using my card to buy books and clothes. It's unbelievable that I can earn free airline tickets whenever I buy shoes or pay for gas. Their customer service agents are helpful, and fast. I have always had my questions quickly answered by an agent.

The interest rates are comparable to other credit card companies, especially for people like me who barely have a credit history. The only reason I did not give it five stars is because of the yearly fee. It's a lot of money, but I do appreciate not having to pay it until next year. And I could always save $5 a month to pay the fees, so it's not that bad.

The Capital One Venture Rewards card is perfect for traveler's. The card offers 2% rewards on all purchases which is a rare find in cards today. There is a very nice sign-up bonus for new accounts and plenty of traveler friendly rewards and perks. With low rates and no foreign transaction fee, the card is one of the best available for those on the go.

Cost:

This card is great if you travel a lot.
New accounts have a $0 introductory annual fee for the entire first year which will save you a lot of money compared to cards that charge large fees. It also has 40,000 bonus miles. There is a $0 foreign transaction fee which can equal huge savings and is a great benefit of the card. There is also a $0 transfer fee. All of these things equal savings and are great in comparison to the competition that is out there. Cash advances are at a rate of 3% of the cash advance, which isn't very high. The purchase APR is 13.9%-20.9%. This isn't too bad considering many other cards can easily go up to 24% or more. Cash advances are at a rate of 24.9% variable APR which I think is about standard. The 25 day grace period on purchases is a big help should you find yourself low on money when the bill is due. I love that there is no over the credit limit fee, but there is a 29.4% variable APR penalty fee. This isn't isn't bad considering the competition.

Benefits:

There are unlimited 2X miles and 40,000 bonus miles for new accounts, but you have to spend $3000 on purchases in the first three months. This comes out to be about $400 in travel credit for free. You can stay at hotels and fly airlines anytime with no blackout dates. Many other cards limit you in this area and have blackout times and dates. Another of my favorite features is the 100% free credit tracker which allows for credit alerts and credit score viewing. The credit score checkers out now almost always charge a dollar. Even the "free" ones generally require a dollar to be on your card to verify it. The credit alerts are a big help and come in really handy for catching charges or things you may have otherwise missed. You can get complementary upgrades available at hotels, resorts, and spas with use of the Visa signature card and complementary concierge service is available 24 hours a day at home and when traveling. For me, even better is the 24 hour travel assistance and roadside service are handy in case of car problems or emergency situations and in the event of a stolen car. If you have AAA or something similar it can get expensive and this is an easy way to feel safe and secure while you travel without having to spend extra or worry that the account is good. There is also auto rental insurance coverage available. Generally, it is about $25 per day for this when you rent a car so this is another big savings. There is an extended warranty program at no additional cost and $0 fraud liability in case of a stolen card. There are no minimum spending requirements and no caps on rewards. A lot of other cards cap rewards. The "no hassle" miles are very easy to redeem and may be used for more expenses than most other travel cards on the market today. The miles also show up in your account instantly after making a purchase. I love that because I hate waiting for perks and miles and it lets you know you got it applied right away so there is no question. It comes in handy to enjoy help by way of suggestions on which travel services miles may be exchanged for. This saves you the hassle of trying to figure it out yourself. You could easily miss something doing it yourself. In addition to all this, the miles never expire as long as the account is still active. The most attractive feature to many, the no foreign transaction fee feature, would equal $60 in savings if spending $2000 in travel expenses.

The competition:

The Barclaycard Arrival Plus MasterCard comes close in features and a high reward rate. For example, it pays 2 miles per $1, but it has a bigger cost with an annual fee. As far as acceptance rates the Discover Escape card has lower acceptance fees.

The Capital One Venture Rewards Credit Card could be considered a traveler's favorite credit card. On the surface, the credit card appears to offer travelers a great opportunity to earn rewards while traveling and making everyday purchases. To see if the Capital One Venture Rewards Credit Card will make your travels easier, let's find out more about what this credit card has to offer and if it's flexible enough to take you around the world.

Pros

Capital One has prided itself on being the no hassle reward credit card company, by providing their cardholders with exclusive features. The credit card can earn you a bonus of 40,000 miles as soon as you spend $3000 in purchases within the first three months of ownership. This is an equivalent of $400 in travel. The card allows you to earn twice the amount of mileage points on every purchase, every day. You can use the credit card to fly with any airline, stay at any hotel, and you can use this feature anytime you want. As a traveler if you're worried about your miles expiring, don't be. The miles don't expire on this credit card and there is no limit on the mileage you can earn. You can use your miles to purchase gift cards, merchandise, and even earn cash back.

Cons

Just like most credit cards, the Capital One Venture Rewards credit card has a number of fees. There is no introductory rate on purchases and transfers. Base on your creditworthiness, the regular APR rate will be between 13.9%-20.9%. There is no annual fee for the first year of card ownership, but the fee becomes $59 each year after. Return payment and late payment fees are up to $35. There is no over the credit limit fee and the penalty APR is variable up to 29.4%. Don't overlook the fees associated with this credit card. Use your credit card wisely to minimize the cost of some of these fees. Beware, interest will be charged on charges no less than $0.50. If payments are late, the penalty APR will be applied indefinitely. You can lose any rewards applied to your rewards balance during the billing cycle that contains the late fee.

Other Information

As a Capital One Venture Rewards credit card user, there is a $0 fraud liability if your card is lost or stolen, the Visa signature card gets you special access and seating at preferred events, you can receive complimentary upgrades, such as savings at hotels and spas, there is a 24 hour travel and emergency assistant that grants users with a replacement card as well as cash advances and you could personalize your card with an image. Also, their is no balance transfer fees. When traveling outside the continental United States there is no foreign transaction fee. Some of these benefits don’t come free of charge. There is a fee of $10 or 3% of the amount of each cash advance, whichever is greater. The $0 fraud liability is subject to investigation and verification.

The Capital One Venture Rewards card offers a number of rewards, but be very mindful of the fees that could result in additional charges when using this credit card. However, this credit card is one of the best credit cards for travelers and if you're looking for a credit card that will earn rewards faster and offer you more travel flexibility then the Capital One Venture Rewards credit card may be the card for you.

I like the rewards on the Capitol One Venture Rewards card. 40,000 bonus miles after only $3000 in purchases as well as the 2x miles AND it’s good on any airline. I know other cards tend to lock you into one airline. For someone who travels a lot it sounds like a really great deal. The APR is high but should not be a concern if you pay your bill every month, which is the best way to deal with these rewards card.

This card rocks. You can redeem 1:1 for amazon.com gift cards. A home run in the industry.

Love the rewards and the ease of payment with my C. One Card. I found the APR although to be on the high side

I have been very pleased with the card so far. I like to travel, so earning rewards that can be converted into free vacation fun is a huge perk. The interest rates are comparable to other cards. The alerts help me stay informed and organized. The credit tracker is one of the best things about the service. Overall, I have been very happy with this card. I would certainly recommend the Capital One Venture Rewards Credit Card.