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Transferable factors and miles are among the many most respected currencies for journey rewards attributable to their versatility and resistance to devaluation. The means to switch rewards to a number of loyalty program companions reduces the affect of anybody program’s devaluation.
Some widespread transferable currencies embody American Express Membership Rewards and Chase Ultimate Rewards factors. To get hold of and use these rewards, you have to maintain a card with an annual charge, resembling The Platinum Card® from American Express (see charges and charges) or the Chase Sapphire Reserve®, respectively (consider, although, that not all annual charges are unhealthy).
In Capital One’s portfolio of playing cards, there’s an typically neglected card with no annual charge that also has transferable rewards: the Capital One VentureOne Rewards Credit Card.
The no-annual-fee Capital One Savor Cash Rewards Credit Card is a perfect complement to the VentureOne as a result of when you have got journey rewards and cash-back playing cards from Capital One, you’ll be able to transfer rewards between the playing cards at a ratio of 1 cent to 1 mile. This means you could profit from glorious cash-back incomes potential whereas nonetheless having the ability to switch to companions.
Here’s why the Capital One VentureOne and Savor Cash playing cards are among the many finest no-annual-fee duos for journey rewards.
Earning miles
The VentureOne card’s earnings are easy. It earns limitless:
Meanwhile, the Savor Cash 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 Target®), leisure and widespread streaming companies. When the rewards are transferred to VentureOne, this equates to three miles per greenback spent. Plus, with the VentureOne and Savor Cash duo, you will earn a minimum of 1.25 miles on all different purchases.
Related: Airline and resort eating rewards packages: Which is finest for you?
Redeeming miles
One of VentureOne’s greatest perks is the power to switch to companions as an alternative choice to cashing out by way of verify or assertion credit with the Savor. This permits you to switch miles or earn money again when one presents a greater worth than the opposite.
TPG’s March 2025 valuations peg Capital One miles at 1.85 cents every because of its 15-plus priceless switch companions, together with Singapore Airlines KrisFlyer and British Airways Executive Club. The latter can be utilized to fly to and from London in fashion or for American Airlines home flights.
Additionally, you’ll be able to switch miles to its resort companions, together with Accor Live Limitless and Wyndham Rewards. This means you need to use your rewards from these two playing cards to redeem for flights and resort stays and then cowl any remaining taxes or charges with the money again.
Related: Credit card switch companions: Guide to transferring factors and miles to airways and accommodations
Welcome bonuses with out the charges
The VentureOne card’s welcome bonus is 20,000 bonus miles after spending $500 inside the first three months from account opening, value $370 based mostly on TPG’s March 2025 valuations.
The welcome bonus for the Savor Cash 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.
In addition to the welcome bonus, the VentureOne and Savor Cash have no annual charges and neither card has international transaction charges.
Additionally, including licensed customers to the account has no further price, serving to you earn extra rewards.
Related: The finest no-annual-fee bank cards
Alternative choices
Capital One gives an analogous card duo with one among its extra premium playing cards: the Capital One Venture X Rewards Credit Card and the Savor Cash card. While the primary card carries an annual charge, it could possibly simply make sense to pay that charge in change for the extra perks in comparison with the no-annual-fee choices.
While 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 Venture X gives 75,000 miles after spending $4,000 inside the first three months from account opening. This bonus is value $1,388 based mostly on TPG’s March 2025 valuations. This is nearly 4 instances as many miles from the welcome supply alone and can simply assist to fly a household somewhat than a person, or it could possibly allow you to fly in enterprise class somewhat than financial system.
Although the Venture X has a considerably larger minimal spending requirement than its counterparts, the rise might be worthwhile if you happen to can full it.
The Venture X has an annual charge of $395, whereas the VentureOne has no annual charge. But, by not paying for the annual charges, you might be lacking out on some perks with solely the VentureOne and Savor Cash playing cards.
For instance, the Venture X has a $300 annual credit score for bookings by way of Capital One Travel and a ten,000-mile yearly anniversary bonus, which alone makes up for the annual charge. Alternatively, the elevated spending multiplier of two miles on each buy as a substitute of 1.25 miles on the VentureOne will assist accrue extra miles.
This is along with Venture X’s extra luxurious perks, resembling lounge entry worldwide and as much as $120 in assertion credit for TSA PreCheck or Global Entry.
Related: 12 methods to satisfy the spending necessities and earn the bonus on a brand new card
Bottom line
Though the welcome bonuses and general earnings on purchases are lower than their premium counterparts, the Capital One VentureOne and Savor Cash playing cards nonetheless supply no international transaction charges and the power to mix and switch miles to the identical superb companions.
For these in search of no-frills playing cards that may permit them to journey inexpensively, the VentureOne and Savor Cash duo is a superb choice to entry transferable rewards.
To study extra, learn our full opinions of the VentureOne and Savor Cash.
Learn More: Capital One VentureOne and Capital One Savor Cash
Related: The finest rewards bank cards so as to add to your pockets
For charges and charges of The Platinum Card® from American Express Card, click on right here
