Capital One Venture Rewards Credit Card from American Express is simply one of the most generous rewards programs offered by this credit card company. It offers clients an opportunity to earn double points on every single purchase they make. That ability to earn multiple double points on every single purchase and the convenience of instantly redeeming them earned it high picks for my top travel rewards cards list. Those Capital One points can then be applied to airline and rental car partners, or can simply be transferred to specific travel-related vendors.
Aside from its generous rewards program, Capital One also has an extremely convenient and very reasonable annual fee and low APR. This annual fee is a very reasonable 2.9%, which is better than many other issuers who charge annual fees of several thousand dollars. Moreover, with Capital One's zero annual fee, you'll be able to pay off your balance in just two years, significantly reducing your financial strain while still maintaining your current spending habits. The zero percent APR is a very simple way to keep your expenses low while increasing your savings. These benefits are obtained by simply paying off your balance every month in full. There's no catch!
Other travel cards that earn high marks for their cash back and travel rewards programs include the American Express Blue Card and the Discover Open Road Card. The American Express Blue Cash offers frequent flyer miles and a zero percent introductory rate. With these benefits, you can fly whenever you want, and at whatever airport you prefer, for free. Furthermore, when you use your zero percent card to pay down your balance and transfer your balance to another zero percent offer, you earn the equivalent amount of cash back.
If you're concerned about your credit score, you're not alone. Many people are leery about transferring their balances from high-interest credit cards to new cards with a low or zero percent interest rate. However, transferring your balances to these cards can actually help raise your credit score. Most experts recommend that you transfer at least some of your debt to these cards in order to improve your credit score. Once you have an improved credit score, you'll enjoy all the benefits mentioned above as well as many others such as no penalty charges for balance transfers, instant approval credit, no annual fee, and additional perks such as airline miles, points toward home purchase, and complimentary travel insurance.
Credit cards with a zero percent global entry and cash back bonus are especially good if you need to travel frequently or plan to visit more than one country in the course of a year. The global entry rewards credit card offers up to double the cash back on all purchases, regardless of whether you made your purchase in the United States, Europe, Asia, South America, or any other area of the globe. This means that if you plan to visit Hong Kong, for example, you can purchase the tickets for your trip without having to pay an annual fee.
Other rewards credit cards from Capital One include the Discover More card and the Chase Freedom card. Both of these credit cards can earn you double points with every dollar you charge to your account. You can earn up to two percent back on hotels, rental cars, cruises, and more when you use your card to pay your bills online. Additionally, you can get up to five percent back on gas purchases made at American Express, Discover, Chase, Citibank, or other participating fuel companies when you use your card to pay.
For consumers who want more from their savings and money management programs, the Capital One Venture Rewards Credit Card from Capital One is perfect. You can get up to two percent cash back on all purchases at American Express, Discover, Chase, or Citibank. This means that you'll be able to save money on everyday and general purchases that you make at places like supermarkets, department stores, drugstores, etc. You can even earn up to five percent back on gas purchases at American Express, Discover, Chase, Citibank, or other participating fuel companies when you use your card to pay for your daily or general expenses. The Capital One Card also comes with a special emergency benefit that allows you to save money on unexpected emergencies when you know you will be without power or gasoline for an extended period of time. This benefit is available only to cardholders of Capital One Credit Cards.
The Capital One Venture Rewards Credit Card offers some of the most flexible redemption options available today. This means you can choose between the standard reward plan and the Flex Plan, which allows you to redeem your points for air miles and cash back at the conclusion of each month. You can also elect to pay annually or every twelve months. If you pay annually, you can have twelve different credit card payments due all at once, whereas with the Flex Plan, you are able to make just three payments at a specific interval. Both of these rewards plans come with annual fees that vary, but neither one comes with a higher annual percentage rate than the other.
All the perks and benefits of owning an American Express Credit Card comes at a cost, however. American Express is known as one of the most expensive credit cards available in the industry. However, the rewards and benefits that come with owning an American Express credit card are well worth the annual fee. Even if you rarely use your card, it is nice to know that you have it, because it allows you to make purchases online whenever you feel like it.