The Best Travel Credit Card for First-Timers

Have you heard of people booking trips using points? Travelers use credit card rewards points to book hotel rooms, rental cars, flights and upgrades. It’s an enticing way to travel when you think about earning points on purchases you’d make every day anyway!

This is a full review of my Capital One Venture One rewards credit card and why I recommend first-time travel rewards credit card users apply for a Capital One travel credit card.

I am not affiliated with Capital One and these are all my honest opinions about my personal experience with this company. I do not earn anything if you apply for a credit card through the link in this post.

Capital One vs. Other Travel Cards

When I started looking online at different travel credit cards, I was a bit overwhelmed. As traveling becomes more accessible, more companies are opening travel rewards credit cards. It’s great to have choices, but it can be a bit much to filter through if you don’t know what you’re looking for!

The first thing you need to decide when you’re looking at travel rewards card is whether or not you’re willing to pay an annual fee. This will cut out about half of the cards out there. If you travel enough and spend enough on credit cards, it would be worth it to apply for one with an annual fee because they have better perks. However, if you don’t want to pay a fee or don’t think you’d use it enough for it to be worth it, opt for one without a fee.

After that, consider your own credit score. Some cards are easier to get than others, so apply for one you can realistically get approved for. The more benefits a card offers, the higher the score you’ll need to have.

Travel bonuses are the last thing you need to compare. Credit cards offer special points/miles packages when you first open a new credit card, and that’s one of the best ways to use perks to travel.

Once I started comparing travel credit cards these were the conditions I was looking for:

  • No annual fee
  • Decent credit ratings
  • No foreign transaction fees
  • Decent APR
  • Attainable opening bonus
  • Trusted company
  • Easy smart phone app

Ultimately, I went with the Capital One Venture One credit card, and I’m so happy I did!

Venture vs. Venture One

Capital One has two personal travel credit cards: Capital One Venture and the Capital One Venture One.

These are both excellent cards, but they have different intended audiences. As a college student, the Venture One card was perfect for me! It has no annual fee, you earn 1.25 miles on every dollar you spend, and you get $20,000 bonus miles after spending $1,000 in the first three months.

The Venture card has better benefits: 2x the points on every dollar you spend, plus 50,000 bonus miles if you spend $3,000 in the first three months after opening it. They even offer the first year without an annual fee, but it’s $95 per year after that.

I looked at the requirements for earning bonus miles and decided that the Venture One card was attainable, but the Venture card was out of reach.

The bonuses for opening a travel credit card is one of the most important factors in deciding which card you should pick.

You need to pick a card where you can achieve the points/miles bonus, because that is how you make the most use out of your card! My bonus miles bought my a round trip flight from Chicago to Denver! If you don’t meet those requirements in the first three months, you lose that bonus and you only earn 1.25x or 2x the points on each purchase. While that’s still a good reward system, the boost of 20,000/50,000 miles is what will quickly allow you to book a trip!

Other travel cards will match your points for the first year, allow you access into airport lounges, global entry and TSA pre check, no international transaction fees, and more!

Why I Chose Capital One Venture One

Ultimately, the Capital One Venture One card was the best choice for me. It met all of my requirements! I love not having to pay an annual fee. It was easy for me to earn the sign-up bonus, and I was able to book a round trip flight!

The APR is 14-24% which isn’t fantastic, but if I stay on top of my bills I don’t even have to worry about it. For the entire first year, there was no APR! I opened this card before I left for a semester of study abroad in Europe and it was fantastic to have because there were no foreign transaction fees, and I spent the next few months paying it off without having to worry about interest.

The Capital One app on my phone is very easy to use so I can keep track of my spending, points and payment due dates. It’s also easy to redeem points on flights and hotels! They partner with hundreds of different companies, so I get to choose from the best. I don’t have to book with just one airline or hotel chain, giving me the best options every time I want to take a trip.

Capital One is trust world-wide and has been for a long time, which is why I have been recommending other people to apply for it. Companies all over the world accept Capital One so you won’t have any issues with it. Other companies have higher fees for businesses, and I’ve been turned away. That will never happen with my Capital One card.

As I start to plan my 2020 travels, I’m looking for cheap long-haul flights that I can use my points to upgrade with. I love traveling in style, and getting to fly in business class for the price of an economy ticket is the best use of my miles I can think of!

I highly encourage you to check out the Capital One site and decide for yourself if this is worth it! There are so many other reward programs out there, but if you like to travel then you need a travel credit card. You’re already making rent payments, car payments, grocery trips, etc. every month, so why not get rewarded for it?

You deserve that trip, so earn that signing bonus and then book those tickets!

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