Capital One Venture Rewards Credit Card Review
The following is a press release that was sent in to us by Capital One Bank highlighting their new Venture Rewards Credit Card:
Capital One Financial Corporation (NYSE: COF) today announced the launch of Venture (www.capitaloneventure.com), a premium travel rewards credit card offering double miles on every purchase, without the restrictions frequently found in rewards programs.
There are no limits on when, where or how you earn double miles, no retailer specifications or spending categories, no separate rewards enrollment or re-enrollment requirements, and no limit on the number of miles cardholders can accumulate. Plus, cardholders enjoy easy redemption by booking on any airline at any time, with no blackout dates, no advance booking required, and no expiration.
Rewards can be redeemed for any travel related expense, such as airline, hotel, cruise line and rental car transactions. And of course, as with all other Capital One cards, there are no foreign transaction fees. “Not only does Venture allow consumers to earn miles twice as fast, it also addresses key consumer pain points associated with earning and redeeming rewards,” said Pam Girardo, spokesperson at Capital One. “Consumers are tired of restrictions that limit how they earn their miles and frustrated with redemption roadblocks like blackout dates and expiration’s that make it challenging for them to take advantage of the rewards they’ve earned.”
Features of the Venture Rewards Credit Card:
- Earn 2 miles per dollar on all net purchases, every day
- Rewards don’t expire; no limit on how many miles you can accumulate; no special spending categories; no separate rewards enrollment requirements
- No foreign transaction fees
- Get 10,000 bonus miles when you spend $1,000 in the first three months
- Fly free on any airline, any time, with no blackout dates
- Redeem for any travel purchase (air fare, hotel room, rental car, etc.)
- Simple redemption schedule: multiply the travel purchase by 100 (simply add two zeros to the cost) and trade in that number of miles to pay for it
- Exclusive customer service
- Access to benefits, including preferred access to popular entertainment, sporting and dining events and special offers from leading hotels and retailers
