How does the Venture Rewards Credit Card work?

You’ll see in this post, how it works, fees, interest rates, and much more.

Capital One is a bank specialized in auto loans, banking, savings accounts, and credit cards. The company is known for helped pioneer the mass marketing of credit cards in the 1990s.

With a great customer support experience, this bank has been winning more space in finance marketing, since it gives priority to the innovation and serve customers in the best way possible.

How does it work and who issues it?

Also, it offers low fees, a big initial bonus, double miles on purchases. All these miles’ rewards can be redeemed for travel purchases (flight on any airline, auto rentals, stays at any hotel…).

This card works as a travel credit card, as it provides many reward points, it is suitable for passionate travelers or people who like to travel.

When you get Venture Rewards, you can earn several perks, which include 2 miles per dollar spent on purchases; 60,000 miles after spending $3,000 on the card.

Plus, it offers low fees, a big start-up bonus, and double miles on purchases.

All these mile rewards can be redeemed for travel purchases (flights on any airline, car rental, stays at any hotel…).

What is card limit?

If you have a good score of at least 750, you might get a $10,000 credit limit. Venture Rewards is a membership card, it means that the lowest possible credit limit is about $5,000.

Does it have interest rates?

Yes, it has some interest rates, check out below:

• Regular APR: 15.99% – 23.99% (Variable).
• Purchase Intro APR: non-applicable.
• Balance Transfer Intro APR: non-applicable.

Does it have fees?

• Annual fee: $95.
• Cash advance: 3% of the amount of the cash advance, but not less than $10.
• Foreign purchase transaction fee: non-applicable.

Who can get the card?

It’s possible to get it if you have a credit score of at least 700 or if you need a current Capital member. For the best approval odds, you may wait until your score is at least 750.

How to apply for it?

Getting this card is not so hard, you just must meet all the company requirements and fill the application information, which includes:

• Personal information: name, date of birth, social number, nationality.
• Contact information: residential address, city, zip code, email address, phone number.
• Finance information: employment status, monthly rent, annual income.

What happens after you apply for Venture Rewards Credit Card?

The company will analyze if you will be able to get the card, if you be approved you will receive your credit card within 14 days.

Frequently asked questions:

How many venture points do you need for a flight?

You will need 100 Capital One miles for every dollar that a fight cost.

What airlines can you use Capital One Venture miles on?

Air France, Avianca LifeMiles, British AirWays Avios, Emirates Skywards, Air Canada Aeroplan.

What is the minimum credit limit for Venture One?

The minimum credit limit is $5,000.