Card Comparison: Discover it® Miles vs. Capital One VentureOne Rewards Credit Card

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If you're eyeing a travel rewards card without an annual fee, you may be considering the Discover it® Miles and the Capital One VentureOne Rewards Credit Card. Discover it® Miles is better for a flat rewards rate on all purchases, offering unlimited 1.5x miles per dollar spent, while Capital One VentureOne is tailored for those who book travel through Capital One, with 5x miles on hotels and rental cars. The Discover it® Miles also boasts a lower APR range, which could be beneficial for those who occasionally carry a balance.

Discover it® Miles

Capital One VentureOne Rewards Credit Card

MoneyGeek Rating

3.9/ of 5

Rates & Fees

MoneyGeek Rating

3.7/ of 5

REVIEW & APPLY

On Issuer's Site

REVIEW & APPLY

On Issuer's Site

Regular APR
18.49% - 27.49% variable
19.49% – 29.49% variable
0% APR Offer
0% for 15 months on purchases
0% for 15 months on purchases
Balance Transfer Offer
0% for 15 months on balance transfers
0% for 15 months on balance transfers
Annual Fee
$0
$0
Rewards Summary
Earn unlimited 1.5X miles on every purchase
Earn 1.25 miles on every purchase
Recommended Credit
670-850 (Good to Excellent)
670-850 (Good to Excellent)
Not sure?
In the matchup of Discover it® Miles vs. Capital One VentureOne Rewards Credit Card, the Discover it® Miles edges ahead with a lower APR range and an unlimited mile-for-mile match as an introductory offer. However, the Capital One VentureOne Rewards Credit Card is compelling for those who prefer a straightforward bonus miles offer after meeting the initial spending requirement. Both cards boast no annual fee and no foreign transaction fees, making them both strong contenders for travelers.

Discover it® Miles vs. Capital One VentureOne Rewards Credit Card: Which Is Better for You?

You might prefer the Discover it Miles if: You value a higher rewards rate on your everyday spending. You'll accumulate miles quickly, which can be redeemed for travel, cash back or other rewards. Additionally, Discover it Miles offers the unique Discover Match® program, doubling the miles you've earned at the end of your first year.

You might prefer the Capital One VentureOne Rewards Credit Card if: You're looking for a straightforward rewards card from a well-known issuer with a solid reputation. While it doesn't offer the same high rewards rate as the Discover it Miles, it does provide unlimited earning potential and a welcome offer of 20,000 miles. This card could be a good fit if you prefer Capital One's customer service and enjoy the flexibility of booking travel without blackout dates or specific airlines and hotels to worry about.

MoneyGeek's Take on the Discover it® Miles

The Discover it® Miles card has a great balance transfer offer, making it appealing for those looking to manage existing debt while accruing travel rewards. Ideal for the everyday spender, this card simplifies earning with unlimited 1.5x miles on every purchase.

With no annual fee and a competitive APR range from 17.24% to 28.24% variable, it's a cost-effective choice for budget-conscious consumers. A standout feature is the first-year mile-for-mile match, which doubles the miles you earn at the end of your first year, enhancing the card's value proposition.

While it lacks bonus categories and specific travel perks, its straightforward rewards structure and introductory offers make it a strong contender for those seeking travel rewards without complexity.

Discover it® Miles

MoneyGeek Rating

3.9/ of 5

Rates & Fees

REVIEW & APPLY

On Issuer's Site

Regular APR

18.49% - 27.49% variable

0% APR Offer

0% for 15 months on purchases

Balance Transfer Offer

0% for 15 months on balance transfers

Rewards Summary

Earn unlimited 1.5X miles on every purchase

Recommended Credit

670-850 (Good to Excellent)

The Discover it® Miles is a cash back card in all but name, delivering consistent 1.5 miles per dollar spent on all purchases. Its first-year miles match and no-interest period for 15 months add value to the card. It’s great for beginner travelers looking for a simple rewards card, but it lacks bonus spending categories and premium travel perks.
PROS
- Earn 1.5 miles per dollar spent
- First-year miles match
- Flexible rewards redemption
- 0% APR for 15 months on purchases and balance transfers
- No foreign transaction fees
CONS
- No bonus categories
- No travel perks
- Rewards
  - Unlimited match of all Discover Miles earned at the end of the first year. - Earn 1.5x Discover Miles on every dollar spent on purchases.
- APRs, Fees, and Penalties
  - 0% intro APR for 15 months on purchases.
  - Standard Variable Purchase APR of 18.49% - 27.49% applies after the intro period.
- Perks & Benefits
  - No annual fee.
  - Redeem Miles for cash or as a statement credit for travel purchases like airfare, hotels, rideshares, gas stations, and restaurants.
  - Discover helps remove personal information from select people-search sites.
  - Accepted by 99% of places that take credit cards.

MoneyGeek's Take on the Capital One VentureOne Rewards Credit Card

The Capital One VentureOne Rewards Credit Card has a solid balance transfer offer. This card is also particularly well-suited for individuals seeking a straightforward rewards program with the added benefit of a welcome promo.

Cardholders can earn 20,000 bonus miles, which can be a significant boost to their travel budget. With no annual fee and no foreign transaction fees, it's a cost-effective choice for both domestic and international spenders. The card also offers an attractive 0% introductory APR for 15 months on both purchases and balance transfers.

Recommended for consumers with a credit score ranging from good to excellent (670-850), this card is a strong contender for anyone looking to earn travel rewards without worrying about extra costs.

Capital One VentureOne Rewards Credit Card

MoneyGeek Rating

3.7/ of 5

REVIEW & APPLY

On Issuer's Site

Regular APR

19.49% – 29.49% variable

0% APR Offer

0% for 15 months on purchases

Balance Transfer Offer

0% for 15 months on balance transfers

Rewards Summary

Earn 1.25 miles on every purchase

Recommended Credit

670-850 (Good to Excellent)

The Capital One VentureOne Rewards Credit Card offers exceptional value and flexibility for both frequent travelers and everyday spenders. It allows you to earn 5X miles on hotel and rental car bookings made through Capital One Travel and 1.25X miles on all other purchases. The card also provides a generous welcome bonus of 20,000 miles when you spend $500 within the first three months. The enticing welcome bonus and the absence of annual and foreign transaction fees add further value to this card. While there are some considerations, such as a balance transfer fee and potentially higher ongoing APR, this card's overall quality and functionality make it a desirable option for consumers seeking flexibility and rewards.
PROS
- Unlimited earning potential
- Welcome offer with low spend requirement
- Decent intro APR offer on balance transfers and purchases
- No annual fee
- No foreign transaction fees
CONS
- Balance transfer fee of 3% for the first 15 months; 4% at a promotional APR that Capital One may offer you at any other time
- Somewhat short intro APR offer period
- High ongoing APR
- No impressive travel protections
- Introductory Offers
  - Earn a bonus of 20,000 miles after spending $500 on purchases within the first three months, equivalent to $200 in travel.
- Rewards
  - Earn unlimited 1.25X miles on every purchase, every day.
  - Earn 5X miles on hotels and rental cars booked through Capital One Travel.
- APRs, Fees, and Penalties
  - Enjoy a $0 annual fee and no foreign transaction fees.
  - Benefit from 0% intro APR on purchases and balance transfers for 15 months; 19.49% - 29.49% variable APR after that, with a balance transfer fee.
- Perks & Benefits
  - Miles won't expire for the life of the account, and there's no limit to how many you can earn.
  - Transfer your miles to over 15 travel loyalty programs.
  - Use your miles to reimburse any travel purchase or book trips through Capital One Travel.

Details Comparison: Discover it® Miles vs. Capital One VentureOne Rewards Credit Card

Our breakdown will help compare APRs, fees, required credit, rewards, introductory offers and other features. This side-by-side analysis provides a clear view of how each card performs in key areas, such as the cost of borrowing, potential rewards and the creditworthiness needed for approval.

For instance, while both cards offer a 0% introductory APR period, you might prefer the Discover it® Miles for its first-year rewards matching or the VentureOne for its bonus miles offer. Use this section to align your financial needs with the card that best serves them.

Regular APR

Discover it Miles offers a lower regular APR range starting at 17.24% compared to Capital One VentureOne Rewards Credit Card, which starts at 19.99%. The upper limit for Discover it Miles is also lower at 28.24% vs. 29.99% for Capital One VentureOne.

Annual Fee

Both cards have a $0 annual fee. This makes them equally attractive for users looking to avoid yearly charges.

Introductory 0% APRs

Both the Discover it® Miles and the Capital One VentureOne Rewards Credit Card offer a 0% introductory APR on purchases and balance transfers for 15 months. Neither card is better in terms of introductory 0% APRs as both offer the same terms.

Rewards

Discover it® Miles offers a more straightforward rewards structure, automatically earning unlimited 1.5x miles on every dollar of every purchase. In contrast, Capital One VentureOne Rewards Credit Card provides five miles per dollar on hotels and rental cars booked through Capital One Travel, and 1.25x miles on every other purchase. For general spending, Discover it® Miles is the better option due to its higher flat rate on all purchases. However, Capital One VentureOne could be more rewarding for those who frequently book travel through Capital One.

Welcome Offers

Capital One VentureOne Rewards Credit Card offers a bonus of 20,000 miles after spending $500 in the first three months. Discover it Miles counters with a unique offer, providing an unlimited mile-for-mile match for all miles earned at the end of the first year. For those seeking immediate rewards, Capital One VentureOne offers a clear advantage.

Recommended Credit Score

Both the Discover it® Miles and the Capital One VentureOne Rewards Credit Card require a credit score of 670 to 850 (good to excellent). This makes neither card better based on the recommended credit score criteria alone.

Penalties and Fees

Capital One VentureOne charges a late fee of up to $40, while Discover it® Miles offers a more forgiving policy with no late fee for the first late payment, then up to $41. Neither card imposes a penalty APR. For cash advances, Capital One VentureOne has a fee of 3% for the first 15 months compared to Discover it® Miles, which charges either $10 or 5% of the amount of each cash advance, whichever is greater. Both cards do not charge foreign transaction fees.

Issuer Satisfaction

Discover it® Miles has a better issuer satisfaction reputation compared to Capital One VentureOne Rewards Credit Card, which can mean a better customer experience.

Other Features & Perks

Discover it® Miles offers a unique perk with its unlimited match of all the miles you've earned at the end of your first year, which can significantly increase your miles without any additional spending. On the other hand, Capital One VentureOne Rewards Credit Card provides practical travel benefits like no foreign transaction fees and travel accident insurance.

FAQ: Discover it® Miles vs. Capital One VentureOne Rewards Credit Card

What are the annual fees for Discover it® Miles and Capital One VentureOne Rewards Credit Card?

Both cards have no annual fee, making them excellent no annual fee cards.

How do the APRs compare between Discover it® Miles and Capital One VentureOne Rewards Credit Card?

Discover it® Miles offers an APR range from 17.24% to 28.24% variable, while Capital One VentureOne ranges from 19.99% to 29.99% variable. More details on zero interest credit cards.

Which card offers better rewards, Discover it® Miles or Capital One VentureOne Rewards Credit Card?

Discover it® Miles has a higher effective reward rate, making it a potentially better rewards card.

What credit score is needed for Discover it® Miles vs. Capital One VentureOne Rewards Credit Card?

Both cards are best suited for individuals with a credit score range from 670 to 850, which is considered good to excellent credit.

What are the unique perks of each card?

Discover it® Miles offers a unique first-year mile match, while Capital One VentureOne provides bonus miles on hotels and rental cars. Explore Capital One cards for more perks.

About Doug Milnes, CFA

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.

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*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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