Capital One Venture One Rewards Credit Card Review
Sunday, January 22nd, 2012Read the rest of this entry »
Today’s credit card review is focused on the Capital One Venture One Rewards Credit Card (not to be confused with the similarly named Capital One Venture Rewards Card).

The Pentagon Federal Premium Travel Rewards card is the cat’s meow (I wonder if that’s the first time ‘cat’s meow’ and ‘Pentagon’ have been used in the same sentence?). With a whopping 5 points per dollar spent on airfare, and airfare redemptions yielding $0.016 cents per point, this card is a must-have for anyone who does even a moderate level of travel. And if you don’t travel at least a bit, you should. It’s fun. And you might find international romance.
The Discover Miles card is the lightweight brethren of the invincible Discover Escape card. As with the Escape card, PlasticIQ classifies the Discover Miles card as a restricted cash-back card, because the miles earned on Discover Miles can be applied against nearly any form of travel (airline, hotel, auto rentals, cruises, travel packages) in the form of a statement credit post-purchase.
The Capital One Venture Card is an excellent restricted cashback credit card, currently ranking 2nd in our cashback category and 3rd in our airline category, using the PlasticIQ Ranking Engine with specific spending assumptions. You may be surprised to see the Venture card appearing in the cashback category, given that cardholders earn miles (and not cash back!) with the use of the card.