Capital One VentureOne Business
The welcome offer, what it earns, the insurance, and what it is worth.
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Business travel cards · Capital One
Welcome offer
50,000 miles
Annual fee
$0
50,000 bonus miles after $4,500 in purchases in the first 3 months. Capital One says the bonus may not be available to existing or previous Capital One business cardholders.
Employee cards: FreeForeign transaction fees: NoneRewards: Capital One miles
The Atelier Take
A no-fee route into Capital One’s transfer partners for a business, at a modest 1.5x.
Who it suits
Businesses that want transferable travel miles without an annual fee, and owners testing whether Capital One miles suit them. It also fits a business with modest spending that would not use the Venture Business’s credits.
Who should skip it
Any business that would use the Venture Business’s two $50 credits: they cover its $95 fee, which makes its extra 0.5x per dollar effectively free.
What it earns
Rewards: Capital One miles, which transfer to 22 airline and hotel programs, most at 1:1, or cover travel purchases at 1¢ each.
5x
Hotels and rental cars booked through Capital One Business Travel
The card page also lists vacation rentals; the rewards terms name hotels and rental cars only
5x
Tickets bought on Capital One Entertainment
Cardholder pre-sales and tickets bought directly from Capital One Arena or Capital One Hall excluded
1.5x
Everything else
No caps and no categories to track
TPG values Capital One miles at 1.85¢ each when transferred to partners, so 1.5x returns about 2.8¢ per dollar. Used to cover travel purchases, a mile is worth 1¢.
Transfer partners and other benefits
Transfer partners
18 airlines and 4 hotel programs, per Capital One’s transfer page. Most airlines transfer at 1:1, including Air Canada Aeroplan, Avianca LifeMiles, British Airways Club, Flying Blue, Qatar Privilege Club, Singapore KrisFlyer and Turkish Miles&Smiles; Emirates, EVA Air and Japan Airlines at 2:1.5; JetBlue at 5:3. Hotels: Choice Privileges and Wyndham Rewards at 1:1, I Prefer at 1:2, Accor at 2:1. Minimum transfer 1,000 miles.
Hertz Five Star status
Skip the counter at select locations and choose from a wider selection of cars, once enrolled.
Capital One Business Travel
A booking tool with travel policies, administrators and spend tracking for the business, included at no cost.
Roadside assistance
Listed by Capital One on the card page; the published Guide to Benefits does not describe it, so its terms and any costs are not public.
What it is worth
At 1.5x and TPG’s 1.85¢ valuation, each dollar earns about 2.8¢ in transferable value. On the $67,200 of yearly business spending used across these pages, that is about 100,800 miles a year: roughly $1,865 when transferred, or $1,008 used against travel purchases.
The welcome offer adds 50,000 miles, about $925 at TPG’s valuation, after $4,500 in purchases in 3 months.
The Venture Business earns 0.5x more per dollar: about 33,600 more miles, or roughly $620, on the same spending, and its two $50 credits cover its $95 fee. The VentureOne Business makes most sense when those credits would go unused or a fee is not wanted.
Insurance and protections
World Elite Mastercard for Business benefits, from the Guide to Benefits that Capital One links for the VentureOne Business. The card page lists rental collision insurance, roadside assistance and extended warranty. The guide includes no trip delay cover. Pay for the trip, rental or purchase with the card to be covered.
Auto rental collision damage
The guide’s conditions require the car to be rented primarily for business purposes, in the cardholder’s own name, paid in full with the card, for 31 days or less; those rentals are covered on a primary basis for theft and damage. The guide sets no fixed dollar cap on the vehicle (it pays the lesser of repair cost or actual cash value); loss-of-use charges up to $500, personal effects up to $1,000 per person and $2,000 per rental. Not available in Ireland, Northern Ireland, Israel, Jamaica, Australia, Italy or New Zealand.
Trip cancellation and interruption
Up to $1,500 per covered trip and $5,000 per account per 12 months, for non-refundable common carrier fares paid with the card, when illness, injury or death cancels or cuts short the trip.
Baggage delay
$100 a day for up to 3 days ($300) for essentials when checked bags are delayed more than 4 hours.
Lost or damaged luggage
Up to $1,500 per incident, 2 claims per 12 months, above what the carrier pays.
Travel accident insurance
Up to $1,000,000 when the full fare is charged to the card.
Cell phone protection
Up to $800 per claim and $1,000 per 12 months, 2 claims, after a $50 deductible. Pay the monthly phone bill with the card.
Purchase assurance
Theft or damage within 90 days of purchase: up to $10,000 per claim and $50,000 per account per 12 months.
Extended warranty
Doubles manufacturer warranties of 5 years or less, adding up to 12 months; up to $10,000 per item.
Price protection
Up to $500 per item and $2,500 a year when an identical item is advertised for less within 60 days of purchase.
Rideshare protection
Up to $750 per trip for personal items lost or stolen in a rideshare vehicle, after a $100 deductible; 2 claims and $1,500 per 12 months.
Pros and cons
Pros
- No annual fee
- Miles transfer to 22 airline and hotel programs
- 1.5x on every purchase, with no caps
- Primary car rental cover on business rentals, plus cell phone protection
Cons
- 1.5x is modest next to the Venture Business’s 2x
- No annual credits
- No lounge access or lounge discounts
- A smaller welcome offer than the Venture Business
Card terms change often and some offers are personalized; the issuer’s page is the final word.