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Transferable factors and miles are among the many most precious currencies for journey rewards as a result of their versatility and resistance to devaluation. The flexibility to switch rewards to a number of loyalty program companions reduces the influence of anybody program’s devaluation.
Some in style transferable currencies embrace American Categorical Membership Rewards and Chase Final Rewards factors. To acquire and use these rewards, you could maintain a card with an annual payment, equivalent to The Platinum Card® from American Categorical (see charges and costs) or the Chase Sapphire Reserve®, respectively (remember, although, that not all annual charges are dangerous).
In Capital One’s portfolio of playing cards, there may be an usually ignored card with no annual payment that also has transferable rewards: the Capital One VentureOne Rewards Credit score Card.
The no-annual-fee Capital One Savor Money Rewards Credit score Card is a perfect complement to the VentureOne as a result of when you could have journey rewards and cash-back playing cards from Capital One, you possibly can transfer rewards between the playing cards at a ratio of 1 cent to 1 mile. This implies that you could profit from glorious cash-back incomes potential whereas nonetheless having the ability to switch to companions.
This is why the Capital One VentureOne and Savor Money playing cards are among the many greatest no-annual-fee duos for journey rewards.
Incomes miles
The VentureOne card’s earnings are easy. It earns limitless:
In the meantime, the Savor Money has extra bonus classes with elevated earnings. It earns:
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This duo actually begins to shine when spending on eating, grocery shops (excluding superstores like Walmart® and Goal®), leisure and in style streaming companies. When the rewards are transferred to VentureOne, this equates to three miles per greenback spent. Plus, with the VentureOne and Savor Money duo, you may earn a minimum of 1.25 miles on all different purchases.
Associated: Airline and lodge eating rewards applications: Which is greatest for you?
Redeeming miles
TPG’s March 2025 valuations peg Capital One miles at 1.85 cents every due to its 15-plus invaluable switch companions, together with Singapore Airways KrisFlyer and British Airways Government Membership. The latter can be utilized to fly to and from London in model or for American Airways home flights.
Moreover, you possibly can switch miles to its lodge companions, together with Accor Stay Limitless and Wyndham Rewards. This implies you should utilize your rewards from these two playing cards to redeem for flights and lodge stays after which cowl any remaining taxes or charges with the money again.
Associated: Bank card switch companions: Information to transferring factors and miles to airways and inns
Welcome bonuses with out the charges
The welcome bonus for the Savor Money is $200 money again after spending $500 within the first three months from account opening. When transferring the money again to VentureOne miles, you earn the identical 20,000 miles on each playing cards.
Along with the welcome bonus, the VentureOne and Savor Money don’t have any annual charges and neither card has international transaction charges.
Moreover, including approved customers to the account has no extra value, serving to you earn extra rewards.
Associated: One of the best no-annual-fee bank cards
Various choices
Whereas the VentureOne comes with a welcome supply of 20,000 bonus miles when you spend $500 inside the first three months from account opening, the Enterprise X gives 75,000 miles after spending $4,000 inside the first three months from account opening. This bonus is price $1,388 primarily based on TPG’s March 2025 valuations. That is nearly 4 instances as many miles from the welcome supply alone and may simply assist to fly a household relatively than a person, or it will probably allow you to fly in enterprise class relatively than financial system.
Though the Enterprise X has a considerably greater minimal spending requirement than its counterparts, the rise will be worthwhile if you happen to can full it.
The Enterprise X has an annual payment of $395, whereas the VentureOne has no annual payment. However, by not paying for the annual charges, you’re lacking out on some perks with solely the VentureOne and Savor Money playing cards.
For instance, the Enterprise X has a $300 annual credit score for bookings by Capital One Journey and a ten,000-mile yearly anniversary bonus, which alone makes up for the annual payment. Alternatively, the elevated spending multiplier of two miles on each buy as an alternative of 1.25 miles on the VentureOne will assist accrue extra miles.
That is along with Enterprise X’s extra luxurious perks, equivalent to lounge entry worldwide and as much as $120 in assertion credit for TSA PreCheck or International Entry.
Associated: 12 methods to satisfy the spending necessities and earn the bonus on a brand new card
Backside line
Although the welcome bonuses and general earnings on purchases are lower than their premium counterparts, the Capital One VentureOne and Savor Money playing cards nonetheless supply no international transaction charges and the power to mix and switch miles to the identical wonderful companions.
For these searching for no-frills playing cards that can permit them to journey inexpensively, the VentureOne and Savor Money duo is a superb choice to entry transferable rewards.
To be taught extra, learn our full opinions of the VentureOne and Savor Money.
Study Extra: Capital One VentureOne and Capital One Savor Money
Associated: One of the best rewards bank cards so as to add to your pockets
For charges and costs of The Platinum Card® from American Categorical Card, click on right here
