Humans are creatures of habit, but they’re also ones with a knack for exploration.
According to a report by Forbes, over one-third of Americans – nearly 110 million – hold passports. Despite America’s vastness and grandiosity, a sizable chunk of the population is still itching to get their hands on a plane-ticket to far-off lands.
Americans will spend an average of $4,000 on vacation, including airfare, according to a recent report by USA Today. So between the plane ticket, hotel reservations and tourist trinkets, dropping everything and hastily jet-setting into the sunset may not seem as attractive a notion as before.
Despite the jarring price tag for exploration, there’s still something to be said for getting a glimpse of what the world has to offer. And with the Captial One VentureOne Rewards Card, financing a dream vacation – with wallet still in check – is certainly attainable.
In-Flight Incentive
Deemed a “road warrior” in a recent Wall Street Journal article, the Capital One VentureOne was listed as one of the top pieces of plastic for rewards program.
The card comes with a slew of traveling rewards incentives, including:
- A 10,000 mile bonus when you spend $1,000 in the first three months – equal to $100 on travel
- 1.25 miles per dollar on every purchase
- No annual fee
- 0 percent APR on purchases until winter of next year
And according to Jason Agins, author of the blog ThisWeekInTravel.com, the benefits are more than just mile bonuses.
“Rewards cards [like the Capital One VentureOne Card] come with fixed-value points that are bank-owned rewards points, which transfer their value to cash which in this case would be used for travel,” he explained. “The upside of this is that you can book any flight on any airline because you are basically just paying with cash.”
Finding that you have a surplus in miles, but little to show for a car rental or hotel fare? Not a problem, according to John Ulzheimer of Smart Credit.
“Some travel rewards cards allow you to use the accrued miles to shop for goods rather than just airline tickets,”
In the case of the Capital One VentureOne Rewards Card, redeemed miles can be used directly for hotel rooms, car rentals and other miscellaneous traveling purchases.
Staying Foreign-Fee-Free
One of the quickest ways to put a damper on your travels – besides a suspicious bug bite – is to find a pesky foreign fee slapped on your card statement.
These transaction fees, which tack on as much as a 3 percent charge on every purchase, can be problematic for travelers who intend to spend while overseas.
“Foreign transaction fees are problematic because most cardholders don’t know about them until they show up on their statement,” explained Ulzheimer. “The fee itself is only a few percentage points but when you’re a heavy international traveler they can add up very quickly.”
While some credit card companies opt to display transaction fees with a yearly amount, the amounts can still be pricey. However, The Capital One VentureOne Card comes free of foreign transaction fees, so cardholders can reserve those funds for other purchases wile overseas.
Day-to-day grinds can be absolutely grueling. And sometimes, it becomes a little necessary to start dreaming big – and internationally. If you’re ready to start your adventure with the Capital One Venture One Rewards Credit Card, apply with us today and let the exploration begin.
The rates or terms of this offer may have changed since this article was written and to reference the current terms and conditions of the offer before applying.