Citi® Diamond Preferred® Card
vs. Capital One VentureOne Rewards Credit Card

If you're looking for a credit card with no annual fee and introductory APR offers, you may be considering the Citi Diamond Preferred Card and the Capital One VentureOne Rewards Credit Card. The Capital One VentureOne Rewards Credit Card is better for those who want to earn rewards and take advantage of a welcome offer, providing five miles per dollar on hotels and rental cars booked through Capital One Travel and a bonus of 20,000 miles after spending $500 in the first three months. In contrast, the Citi Diamond Preferred Card is more suitable for those seeking a longer balance transfer introductory period, offering 0% APR for 21 months on balance transfers.

You might prefer the Citi® Diamond Preferred Card if: you're looking to transfer an existing balance and want the longest possible introductory APR period to pay it off. With a 21-month 0% intro APR on balance transfers, this card stands out for those who need an extended timeframe to manage their debt without accruing interest. Additionally, there's no annual fee, which can help you save money in the long run. However, this card does not offer rewards on purchases, so it's not suited for those looking to earn points or miles on their spending.

You might prefer the Capital One VentureOne Rewards Credit Card if: you're interested in earning rewards on your purchases. This card offers five miles per dollar on hotels and rental cars booked through Capital One Travel, making it a good choice for frequent travelers who book through Capital One. It also has a $0 annual fee and no foreign transaction fees, which are great for international travelers. The card provides a 0% intro APR on purchases and balance transfers for 15 months, which is shorter than the Citi Diamond Preferred Card but still a considerable period to enjoy interest-free payments.

The Citi Diamond Preferred Card boasts a strong MoneyGeek balance transfer card rating of 4.1, reflecting its exceptional offering in this category. Ideal for individuals seeking to consolidate and pay off existing credit card debt, the card features an outstanding 21-month 0% introductory APR on balance transfers. This extended period can provide substantial interest savings for those working to reduce their balances. While the card does not offer rewards for spending, its $0 annual fee makes it an economical choice for those focused on minimizing costs. However, users should be aware of the 5% balance transfer fee and a 3% foreign transaction fee, which could affect the overall savings if not considered carefully.

The Capital One VentureOne Rewards Credit Card, rated at 3.4 by MoneyGeek for balance transfer cards, offers a blend of flexibility and value for those with good to excellent credit. With a $0 annual fee and no foreign transaction fees, this card is a smart choice for travelers and budget-conscious consumers alike. Its rewards program allows for unlimited earning potential, making every purchase an opportunity to accumulate miles. The card's welcome offer provides an opportunity to earn 20,000 miles and boosts your rewards balance. Additionally, the 0% introductory APR for 15 months on both purchases and balance transfers is helpful for new cardholders. This card is well-suited for individuals looking for a cost-effective way to earn travel rewards without annual fees.

Our breakdown compares APRs, fees, required credit, rewards, introductory offers and other features. Use this section to gauge which card aligns with your financial habits, whether you prioritize a longer balance transfer period or a rewards program. For instance, if you're planning a big purchase or a balance transfer, the Citi Diamond Preferred Card's longer intro APR period might be appealing. If you travel frequently and prefer earning miles, the Capital One VentureOne Rewards Credit Card could be the better fit.