This is almost four times as many miles from the welcome offer alone and can easily help to fly a family rather than an individual, or it can enable you to fly in business class rather than economy. While the VentureOne comes with a welcome offer of 40,000 miles after spending $1,000 in the first three months, the Venture X offers 75,000 miles after spending $4,000 within the first three months from account opening. And while these two cards both have annual fees, it can easily make sense to pay those fees in exchange for the additional perks compared to the no-annual-fee options. Related: The best no-annual-fee credit cards Alternative optionsĬapital One does offer a similar card duo with two of its more premium cards: the Capital One Venture X Rewards Credit Card and the Capital One Savor Cash Rewards Credit Card. To help earn more rewards, there is no fee to add authorized users to the account. Furthermore, neither card has foreign transaction fees. In addition to the welcome bonus, the VentureOne and SavorOne have no annual fees. When transferring the cash back to VentureOne miles, you earn the same 20,000 miles on both cards.Īfter completing the minimum spending requirement for both cards, the combined bonuses will yield 40,000 Capital One miles, worth $740 by TPG’s valuations. The sign-up bonus for the SavorOne card is $200 cash back after you spend $500 in the first three months from account opening. The VentureOne card’s sign-up bonus is 40,000 miles after you spend $1,000 on purchases in the first three months from account opening. Related: Why Wyndham is now my new favorite Capital One transfer partner Welcome bonuses without the fees Overall, this means that you can use your rewards from these two cards to redeem for flights and hotel stays and then cover any remaining taxes or fees with the cash back. The latter can be used to fly to and from London in style or for American Airlines domestic flights.Īdditionally, you can transfer miles to its hotel partners, including Accor Live Limitless and Wyndham Rewards. TPG values Capital One miles at 1.85 cents each thanks to its valuable transfer partners, including Singapore Airlines KrisFlyer and British Airways Executive Club. This allows you to either transfer miles or earn cash back when one presents a better value than the other. One of the biggest perks of the no-annual-fee VentureOne is the ability to transfer to partners as an alternative to cashing out via check or statement credits with the SavorOne. Related: The best credit cards for dining 14, 2024, cardholders earn 10% cash back (10 miles per dollar) on Uber or Uber Eats purchases. This equates to 3 miles per dollar when the rewards are transferred to the VentureOne.Īdditionally, through Nov. Spending on restaurants, grocery stores, entertainment and popular streaming services, which earn 3% cash back with the SavorOne card, is where this duo really begins to shine. It earns an unlimited 1.25 miles per dollar on every purchase and an increased 5 miles per dollar on hotels and rental cars booked through Capital One Travel. The VentureOne card’s earnings are simple. Here’s why the Capital One VentureOne and SavorOne rewards cards coupled together are one of the best no-annual-fee duos for travel rewards. This means that you can benefit from excellent cash-back earning potential while still being able to transfer to partners. The no-annual-fee Capital One SavorOne Cash Rewards Credit Card is an ideal complement to the VentureOne because when you have both travel rewards and cash-back cards from Capital One, you can move rewards between the cards at a ratio of 1 cent to 1 mile. In Capital One’s portfolio of cards, there is an often overlooked card with no annual fee that still has transferable rewards: the Capital One VentureOne Rewards Credit Card. The issue for some is that obtaining and using these rewards requires holding a card with an annual fee, such as The Platinum® Card from American Express (see rates and fees) or Chase Sapphire Reserve, respectively (keep in mind, though, that not all annual fees are bad). Some popular transferable currencies include American Express Membership Rewards and Chase Ultimate Rewards. The ability to transfer rewards to multiple loyalty program partners reduces the impact of any one program’s devaluation. Transferable points and miles are among the most valuable currencies for travel rewards due to their versatility and resistance to devaluation.
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