VentureOne vs. Quicksilver
The Capital One VentureOne focuses on earning and redeeming travel rewards, whereas the Capital One Quicksilver focuses on earning and redeeming cash back.
Both credit cards have similar card benefits and perks. However, there are a few noticeable differences between their earning rates and redemption options.
FinanceBuzz star ratings | ||
FinanceBuzz value calculation1 | Year 1: $731
Year 2: $531 |
Year 1: $763
Year 2: $563 |
Annual fee | $0 | $0 |
Early spend bonus | Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening | Earn a one-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening |
Earning rate | 1.25 miles per dollar on every purchase, every day and 5 miles per dollar on hotels and rental cars booked through Capital One Travel | 1.5% cash back on every purchase, every day; and 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply) |
Redemption methods |
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Intro APR |
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Foreign transaction fee | None | None |
Credit needed | Excellent, Good | Excellent, Good |
Learn more | Learn more |
What both cards excel at
The Capital One VentureOne and Quicksilver share several benefits, including:
- Early spend bonus: The Capital One VentureOne and Quicksilver both offer one-time early spend bonuses. These bonuses offer a quick way to earn loads of rewards within a few months of account opening, and they work out to be roughly equal in terms of monetary value.
- Annual fee: The Capital One VentureOne has a $0 annual fee. The Capital One Quicksilver also has a $0 annual fee. On this front, you can’t go wrong either way.
- No foreign transaction fees: The Capital One VentureOne and Quicksilver both make it easy to avoid foreign transaction fees when you travel abroad. This is something I always look for when shopping for a new credit card, especially a travel card.
- Introductory APR offers on purchases: The Capital One VentureOne offers 0% intro APR for 15 months on purchases, then 19.74% - 29.74% (Variable) APR. The Capital One Quicksilver has 0% intro APR for 15 months on purchases, then 19.74% - 29.74% (Variable) APR.
- Introductory APR offers on balance transfers: The Capital One VentureOne offers 0% intro APR for 15 months on balance transfers, then 19.74% - 29.74% (Variable) APR. Balance transfer fee applies. The Capital One Quicksilver offers 0% intro APR for 15 months on balance transfers, then 19.74% - 29.74% (Variable) APR. Balance transfer fee applies.
- World Elite Mastercard benefits: Certain Capital One credit cards qualify for different types of Visa or Mastercard benefits, depending on your creditworthiness and other factors. If you qualify for a World Elite Mastercard, you get benefits such as purchase protection, price protection, and extended warranty coverage. You also receive travel benefits such as concierge services, car rental insurance, travel accident insurance, and trip cancellation and interruption insurance.
Important differences
There are three ways that the Capital One VentureOne and Quicksilver essentially differ. Understanding these three differences can help you decide which card is better for you.
Reward type
The Capital One VentureOne enables you to earn Capital One miles, whereas the Capital One Quicksilver can give you cash back.
One reward type isn’t necessarily better than the other. It simply depends on your preferences. For me, travel rewards are often more valuable, as I travel frequently and am always looking for good deals. Therefore, if I were choosing between these two cards, I would likely choose the VentureOne. But if you prefer earning cash back on purchases, the Quicksilver makes more sense.
Winner: Tie. It depends on the type of rewards you want to earn.
Earning rates
The Capital One VentureOne offers 1.25 miles per dollar on every purchase, every day and 5 miles per dollar on hotels and rental cars booked through Capital One Travel. The Capital One Quicksilver offers 1.5% cash back on every purchase, every day; and 5% cash back on hotels and rental cars booked through Capital One Travel (terms apply).
Based on their earning rates, the Quicksilver is the better choice. This is also a good reminder that you should always run the numbers on travel cards. What sounds like a lot of miles could equate to significantly less money than you think.
Check out our Capital One Quicksilver Cash Rewards review for more information.
Winner: Capital One Quicksilver, because it has a higher rewards rate and comes out on top in a simple earnings comparison.
Redemption options
The redemption options between the Capital One VentureOne and Quicksilver are nearly identical. They include:
- Statement credits
- Mailed checks
- Gift cards
- Capital One Travel purchases
- Amazon.com purchases
But one redemption option you’ll find with the VentureOne that’s not available with the Quicksilver is the opportunity to transfer rewards to more than a dozen travel partners. Capital One transfer partners include loyalty programs from major airlines and hotels such as British Airways Executive Club, Virgin Red, and Wyndham Rewards. This is another feature that I often look for when reviewing a travel card.
Transfer partners can be useful if you have specific redemptions in mind with an airline or hotel.
For example, you may find a great deal on a flight with Singapore Airlines that you can’t find on the Capital One Travel portal. Or you may have elite status with a hotel loyalty program, and you know third-party bookings don’t typically honor it.
A quick transfer of rewards from your Capital One VentureOne account to an applicable loyalty program account can help solve these and other issues.
Check out our Capital One VentureOne review for more details.
Winner: Capital One VentureOne, because it offers access to transfer partners.
Which card should you choose?
When to go with the VentureOne: You should choose the Capital One VentureOne if, like me, you prefer a travel rewards card rather than a cashback credit card. You can always get a different cashback card that offers rewards in particular spending categories to use in conjunction with the VentureOne.
This card has lower earning potential versus the Quicksilver, but it can be more convenient to earn miles over cash back if you’re a frequent or occasional traveler. And you can transfer your miles to several travel partners, which is a big perk to me.
When to go with the Quicksilver card: You should choose the Capital One Quicksilver if you want to increase your earning potential. The Quicksilver offers a higher rewards rate compared with the Capital One VentureOne, and you can use cashback rewards for just about anything, including travel.
Both cards have general earning rates for most spending categories. You can use them on various purchases and still expect to earn the same rewards rate. This can help when you don’t want to carry a different card for every bonus category or if you frequently shift between different types of expenses.
FAQs
What credit score do I need to get the Capital One VentureOne card?
You typically need a good or excellent credit score to qualify for the Capital One VentureOne card. That’s at least a 670 credit score according to the FICO scoring model.
Keep in mind that your credit score is only one factor that credit card issuers take into account, and having a certain credit score doesn’t guarantee approval.
Is the Capital One VentureOne card metal?
No, the Capital One VentureOne card is made of plastic. But Capital One offers its other Venture credit cards in metal. This includes:
Can I change my Quicksilver card to a VentureOne card?
Yes, it’s typically possible to change your Quicksilver card to a VentureOne card. This can be done after receiving a product change offer from Capital One or after contacting Capital One to qualify for a change.
Keep in mind that requesting a change could result in a hard inquiry and affect your credit score.
How many Capital One cards can you have at once?
You can typically have a maximum of two Capital One personal cards at once. This isn’t an officially published rule by Capital One, but this is generally understood to be the case, according to reports from Capital One customers and cardholders.
Keep in mind that this rule doesn’t usually apply to Capital One co-branded store credit cards.