Capital One Venture Card

Okay so you're researching capital one venture card Duane here with how to build credit TV and in this video we're gonna have a look at the capital one venture card

And if this card is a good card for you if you're interested in getting this particular card the capital one venture card But before we get started I have a quick message Once again my name is Duane with how to build credit TV And on this channel we talk about everything you need to know about credit Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score

We also talked about how to get cash back actual cash money from using credit cards, as well as credit card reviews If this sounds like something in which you're interested be sure to subscribe to our channel by clicking the word subscribe below this video to the right and click that notification bell so you don't miss a thing Okay so Capital One actually has two different types of venture cards There's the capital one venture rewards and there's a Capital One venture one rewards So for this portion of the video we're gonna go ahead and have a look at the website so that you guys can know exactly what to expect if you're interested in getting this particular travel card from Capital One the Capital One venture card

So give me one second and I'll see you over on my laptop Okay so we're at the website to have a look at the Capital One venture card and as you can see there are two different venture cards that capital one offers So we're gonna have a look at both of them so that you can know what to expect if you're interested in getting this particular credit card from Capital One So here you go as you can see there's the venture rewards and there is the venture one rewards The credit level that's needed for both of these cards is excellent credit

So that's something that you should keep in mind before you apply for this card This is a travel rewards card, so if you travel a lot this may be something that's good for you or if you're looking to start traveling a lot this may be a good card to get so that you can rack up some miles that you can redeem towards traveling So let's take a look here like I said there are two different capital one venture cards there's the venture rewards and the venture one rewards So on the left as you can see here it says rewards info earn unlimited two times miles per dollar on every purchase every day that's the venture rewards on the left And then on the right you can see it says earn unlimited 1

25 miles per dollar on every purchase every day So that's kind of the difference you get two times the points for the venture rewards and you get 125 miles for the venture one rewards And then of course there's different sign up bonuses for different cards right so on the Left where it has venture rewards it says new Cardmember offer earned 50,000 bonus miles once you spend $3,000 on purchases within the first three months from opening the account And then the venture one rewards on the right it says new card members offer earn 20,000 bonus miles once you spend one thousand on purchases within the first three months from opening the account

So the spending requirement is clearly a little different just as well as the actual bonus so the capital one venture rewards has a 50,000 points or miles bonus that you're gonna get when you spent three thousand dollars with the first three months And then the capital one venture one rewards you you're gonna get twenty thousand bonus miles once you spend $1,000 in the first three months So like I said the spending requirements a little bit different and as well as a sign-up bonus So it says travel credit you're gonna receive on the left-hand side here you're gonna receive up to $100 credit for Global Entry or TSA pre fee So that's the capital one venture rewards on the left and of course on the right the capital one venture venture one rewards there is no travel credit

Okay so once again that's the main difference between the two so far and then of course the purchase rate is on the left you see1474% to 2474 % variable APR on the right it says purchase rate you have a zero percent introductory rate for twelve months and then after that it's gonna be between 13 74% to 23

74% variable APR the 12-month introductory rate of 0% So that's kind of good especially if you're just trying to get your feet wet initially then you may want to consider the capital one venture one rewards on the right-hand side And here we go this may be a deal breaker for some people The main difference so far as you can see when it comes to annual fees there is no angle fee for the capital one venture one rewards which is on the right hand side and there is a annual fee for the capital one venture rewards on the left hand side So for the capital one venture rewards there's going to be no annual fee for the first year and then $95 after that That's kind of similar to the Chase Sapphire Preferred where there is no annual fee for the first year and then there's $95 of annual fee for the second year

So that's something that you definitely want to keep in mind so just a real quick overview between the two cards The main difference is the signup bonus of course the capital one venture rewards you get two x miles per dollar on every purchase every day And the capital one venture one rewards on the right-hand side you get unlimited one point two five miles per dollar on every purchase And then of course the signup bonuses are different on the left with the capital one venture rewards you get 50,000 miles once you spend $3,000 on your purchases within the first three months And then on the right hand side the capital one venture one rewards you get 20,000 bonus miles once you spend 1,000 on purchases within the first 3 months

So once again that's something you definitely want to keep in mind if you're trying to decide which one of these two cards you're gonna get So the next thing here that I think is really cool is you get to earn ten times mile at hotelscom/venture so if you're going to be going out of it going out of town vacation or maybe stay in town and you just want to get a hotel room somewhere You definitely want to make sure that if you have this capital one venture card that you take advantage of this and you book your hotel through hotelscom and you're gonna get ten times the miles which makes perfect sense for every dollar that's spent

So that's a lot of value there as far as I'm concerned So of course there's the typical card benefits that you get when you have a Capital One credit card It talks about travel and retail then there's security of course and then there's account management there's apps and digital services So you guys can click on these and kind of read in more detail if you're interested in that But you know just a typical stuff right here it talks about no foreign transaction fees

You won't pay a transaction fee when you're making a purchase outside of the USA That's very important that's very cool the next one beneath that talks about 24-hour travel assistance services if your credit card is lost or stolen you can get an emergency replacement card and a cash advance I wouldn't do the cash events but I guess depending on the situation you may need cash quickly but cash advance of course there's gonna be a lot of interest on that as opposed to having the credit card and just using the credit card Then the next thing here talks about auto rental collision damage waiver Rent and eligible vehicle with your credit card and you can be covered for damage due to collision or theft

So that's always good to know There's travel accident insurance Get automatic insurance for a covered loss at no extra charge when you use your credit card to purchase your fare So that's pretty good and then of course there's the extended warranty you'll get an additional warranty protection at no cost on eligible items that are purchased with your credit card So once again guys these these two cards from Capital One the capital one venture rewards & the capital one venture one rewards pretty much the same thing except the amount of miles that you earn per dollar

Whether it's two times the points or one point two five and then of course the initial sign up bonus that you get You get fifty thousand bonus miles with the capital one venture rewards and you get twenty thousand bonus miles with the capital one venture one rewards And then of course you have a different spending limit the capital one venture rewards requires three thousand dollars within the first two months in order for you to get the fifty thousand bonus miles and the capital one venture one rewards requires that you spend $1,000 within the first three months to get 20,000 bonus miles And of course there's the annual fee differences but that's pretty much it if like I said if you're gonna be traveling this is probably something that you definitely want to do and definitely want to consider so thanks for watching this portion of the video I'll see you guys back in the video just one second Thanks for watching this video about the capital one venture card

Let me know the comments below this video which one of the cards you're interested in getting and why If you like this video please give us a thumbs up that helps our channel out quite a bit And if you want to share this video with somebody that may find it helpful please feel free to do so as well If you haven't subscribe to the channel please consider subscribing because on this channel we talk about everything you need to know about credit Whether you're looking to establish credit, build credit, rebuild credit or learn more about the FICO score and how it is comprised so you can increase your credit score

We also talked about ways to get cash back actual cash using credit cards and we also do credit card reviews So if this sounds like something in which you're interested be sure to subscribe to the channel and click that notification bell so you don't miss a thing Once again my name is Duane with how to build credit TV and I approve this video Thanks again for watching and I'll see you in another video Until next time take care and be blessed

Peace!