Earn 40,000 bonus miles with the Capital One VentureOne

We’ve sung plenty of praises for the Capital One Venture lineup. The Capital One Venture X Rewards Credit Card and the Capital One Venture Rewards Credit Card offer excellent sign-up bonuses, easy earning structures and impressive travel benefits.

However, there’s one more Venture card that is somewhat less glamorous but holds its own against its siblings. The Capital One VentureOne Rewards Credit Card is a great option if you like the simple earning structures and easy-to-use rewards that the Venture X and Venture cards offer but aren’t ready to commit to paying an annual fee.

Here’s what you need to know about the VentureOne’s current offer.

Official application link: Capital One VentureOne with 40,000 bonus miles after you spend $1,000 on purchases in the first three months from account opening.

Capital One VentureOne sign-up bonus

Currently, new applicants can earn 40,000 miles after spending $1,000 on their card within the first three months of account opening. This bonus is worth $740, based on TPG’s valuation of Capital One miles, making it one of the most valuable bonuses available on a card without an annual fee.

You’ll also enjoy an introductory 0% annual percentage rate on purchases and balance transfers for 18 months. After that, you’ll see a 19.24%-29.24% variable APR. There is a 3% balance transfer fee on the amounts transferred within the first 18 months.

VentureOne benefits

The VentureOne earns 5 miles per dollar on hotels and rental cars booked through Capital One Travel.

You’ll also earn an unlimited 1.25 miles per dollar on all other purchases with this card. There are no bonus categories to keep track of, so you can feel good knowing you have a strong earning rate no matter what you’re purchasing with your card.

The VentureOne also offers some useful shopping and travel-related benefits, including:

How to redeem Capital One miles

One of the best things about Capital One miles is how simple they are to redeem. You can redeem your miles to “pay” for any travel charges on the card at a rate of 1 mile per 1 cent.

You can also unlock more value by transferring your miles to any of Capital One’s transfer partners, an option rarely offered on cards without an annual fee.

Bottom line

The Capital One VentureOne offers the simplicity the Venture lineup is known for, making it an excellent card to add to your wallet. With its 40,000-mile sign-up bonus, the current offer is one of the highest we’ve seen on a card without an annual fee.

Apply here: Capital One VentureOne Rewards Credit Card

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.