Capital One credit cards are worth considering if you are in the market for a new, highly advantageous credit card. Over the years, Capital One has maintained its commitment to its consumer and commercial clientele.
They boosted ATM withdrawal limits and eliminated ATM fees entirely for banking customers. Furthermore, their digital service platforms and tools enable customers and businesses to manage their finances securely and hassle-free.
Capital One offers great credit cards that fit customers’ lifestyles and financial needs. Learn about some of the Capital One credit cards with the best perks below.
Capital One Venture Rewards Credit Card
The Capital One Venture Rewards card is comparable to other flat-rate travel rewards cards, but offers a simple, straightforward benefits and rewards system.
Through the Capital One Venture Rewards credit card, cardholders can earn unlimited earnings of 5 miles per dollar on hotels and rental cars booked through Capital One Travel. They can also earn 2 miles per dollar spent on all other purchases.
The card offers a welcome bonus to new cardholders of 75,000 bonus miles, worth $750 in travel, after spending $4,000 in the first 3 months of account opening.
The Venture Rewards card boasts no foreign transaction fees, making it an ideal card for frequent travelers.
There are also the Capital One Lounge Passes, where cardholders can get two complimentary visits per year. Moreover, Venture Rewards cardholders are entitled to a reimbursement for the application fee of up to $100 every four years for a Global Entry or TSA PreCheck membership.
The Venture Rewards credit card also gives the customers 24 Hour Travel Assistance Service and Travel Accident Insurance. These perks will give cardholders more reasons to enjoy their travels by using the card.
Drawbacks of the Venture Rewards Credit Card
The $95 annual fee is the major drawback compared to other 2% cashback cards that do not charge a yearly fee and let you use rewards however you want.
In addition, even though you can use reward miles to get cashback as a statement credit or to buy things through PayPal and Amazon, each mile is only worth less than 1 cent.
What Are the Fees for the Capital One Venture Rewards Credit Card?
The Venture Rewards credit card offers enticing perks, however, it is important to learn about its fees and rates below before making any decisions.
- Annual fee: $95
- Regular Annual Percentage Rate (APR): 20.74%, 25.74% or 28.74%, variable, based on creditworthiness
- Cash advance APR: 28.74%
- Balance transfer fee: 3% of the amount of each transferred balance when transferred at a promotional APR, otherwise none
- Cash advance fee: $3 or 3% of the amount of the cash advance
- Foreign transaction fee: None
- Late payment: up to $40
Consider these fees, as well as the terms and conditions before availing of the Capital One Venture Rewards credit card.
Capital One Walmart Rewards Mastercard
Anyone who regularly makes purchases at Walmart should seriously consider applying for this credit card. All purchases made with the Capital One Walmart Rewards Mastercard Credit Card are eligible for rewards and discounts.
After being approved for a Walmart Rewards Mastercard, cardholders will receive an introductory bonus of 5% cash back on all Walmart purchases in the first 12 months of card activation. To qualify for the sign-up bonus with the Walmart Rewards Mastercard, you must make in-store purchases using Walmart Pay after receiving the card.
The regular cash back rewards structure includes 5% cashback on all Walmart.com and Walmart app purchases, including grocery pickup and delivery services.
Further, when you use your Walmart Rewards Mastercard for dining out or vacation expenses, you’ll earn 2% back in rewards. Finally, there is a 1% cashback bonus on all other purchases made wherever Mastercard is accepted.
Other Perks of the Capital One Walmart Rewards Mastercard
Walmart Rewards Mastercard cardholders can amass as many points as they like and redeem them for cash, cover a purchase, buy gift cards, or redeem them for travel.
The Walmart Rewards Mastercard also provides price protection, allowing you to receive a reimbursement for the price difference up to $250. There is a four-claim limit per calendar year.
There is also an extended warranty that can cover up to an additional two years on a warranty that is already two years or less, as well as up to $10,000 to repair or replace the item.
What Are the Fees for the Capital One Walmart Rewards Mastercard?
The Capital One Walmart Rewards Mastercard Credit Card has benefits and drawbacks that should be weighed carefully before applying. Make sure you carefully consider the card’s terms and conditions before signing any agreements.
- Annual Fee: $0
- Annual Percentage Rate (APR): 17.99% or 29.49%, variable, based on creditworthiness
- APR for Transfers: 17.99% or 29.49%, variable, based on creditworthiness
- Cash Advance APR: 29.49%
- Balance transfer fee: 3% of the amount of each transferred balance when transferred at a promotional APR, otherwise none
- Cash advance fee: $3 or 3% of the amount, whichever is greater
- Late Payment: up to $39
Capital One Quicksilver Cash Rewards Credit Card
If you are torn between a card with a sign-up bonus and one with a 0% APR introductory period, look no further. Both can be found with the Capital One Quicksilver credit card.
Quicksilver Cash Rewards card customers will earn 1.5% cashback on all purchases, plus an additional 5% cashback on hotels and rental cars booked through Capital One Travel. There are no cashback categories or seasonal earnings rates to track.
The card’s 1.5% cashback rewards on all purchases have no limits, expiration dates, or restrictions, so cardholders can earn money back no matter how much they spend.
The card’s welcome bonus includes a 0% intro APR period for the first 15 months of account opening. Also, when new cardholders spend $500 in three months, they will get a one-time $200 cash bonus.
With the Quicksilver card, there is no annual fee or foreign transaction fee.
Redeeming Rewards with Quicksilver from Capital One
Capital One Quicksilver keeps redemption simple. Cashback can be redeemed as a check or statement credit.
It can also be used toward covering recent purchases made using the card, or redeemed as gift cards.
What Are the Fees for the Quicksilver Cash Rewards Credit Card?
Consider the fees, charges, and terms and conditions associated with the Quicksilver Cash Rewards credit card before signing up.
- Annual Fee: $0
- Introductory APR (purchases and balance transfers): 0% intro on purchases for 15 months
- Purchase APR: 19.74%, 25.74% or 29.74%, variable, based on creditworthiness
- Balance transfer APR: 19.74%, 25.74% or 29.74%, variable, based on creditworthiness
- Cash advance APR: 29.74%
- Balance transfer fee: 3% of the amount of each transferred balance when transferred at a promotional APR, otherwise none
- Cash advance fee: $3 or 3% of the amount of the cash advance, whichever is greater
- Foreign transaction fee: None
- Late payment Fee: $40
Conclusion
These Capital One credit cards offer the best perks from their range of cards today, and some of the best perks on the market. Consider one of these cards if you want greater purchasing power through cash back, travel perks, and more.
Disclaimer: All credit products carry risk. Be aware of these risks by reading the associated terms and conditions.