Transferable miles with no annual fees: The Capital One SavorOne and VentureOne duo

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Transferable factors and miles are among the many most respected currencies for journey rewards on account of their versatility and resistance to devaluation. The flexibility to transfer rewards to a number of loyalty program companions reduces the impression of anyone program’s devaluation.

Some widespread transferable currencies embrace American Express Membership Rewards and Chase Ultimate Rewards factors. To acquire and use these rewards, it’s essential to maintain a card with an annual price, reminiscent of The Platinum Card® from American Express (see rates and fees) or the Chase Sapphire Reserve®, respectively (remember, although, that not all annual fees are bad).

In Capital One’s portfolio of cards, there’s an typically neglected card with no annual price 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’ve got journey rewards and cash-back playing cards from Capital One, you possibly can move rewards between the cards at a ratio of 1 cent to 1 mile. This implies which you can profit from wonderful cash-back incomes potential whereas nonetheless having the ability to switch to companions.

This is why the Capital One VentureOne and Savor Money playing cards are among the many finest no-annual-fee duos for journey rewards.

The VentureOne card’s earnings are easy. It earns limitless:

In the meantime, the Savor Cash has extra bonus classes with elevated earnings. It earns:

This duo actually begins to shine when spending on eating, grocery shops (excluding superstores like Walmart® and Goal®), 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 Money duo, you may earn no less than 1.25 miles on all different purchases.

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Considered one of VentureOne’s greatest perks is the flexibility to transfer to partners as an alternative choice to cashing out through test or assertion credit with the Savor. This lets you switch miles or earn money again when one presents a better value than the opposite.

TPG’s March 2025 valuations peg Capital One miles at 1.85 cents every due to its 15-plus valuable transfer partners, together with Singapore Airlines KrisFlyer and British Airways Executive Club. The latter can be utilized to fly to and from London in type or for American Airlines domestic flights.

Moreover, you possibly can switch miles to its lodge companions, together with Accor Live Limitless and Wyndham Rewards. This implies you should utilize your rewards from these two playing cards to redeem for flights and lodge stays after which cowl any remaining taxes or charges with the cash back.

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The VentureOne card’s welcome bonus is 20,000 bonus miles after spending $500 throughout the first three months from account opening, price $370 primarily based on TPG’s March 2025 valuations.

The welcome bonus for the Savor Money 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.

Along with the welcome bonus, the VentureOne and Savor Money haven’t any annual charges and neither card has foreign transaction fees.

Moreover, including approved customers to the account has no extra value, serving to you earn extra rewards.

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Capital One affords the same card duo with one in every of its extra premium playing cards: the Capital One Venture X Rewards Credit Card and the Savor Cash card. Whereas the primary card carries an annual price, it may possibly simply make sense to pay that price in alternate for the extra perks in comparison with the no-annual-fee choices.

Whereas the VentureOne comes with a welcome provide of 20,000 bonus miles when you spend $500 throughout the first three months from account opening, the Enterprise X affords 75,000 miles after spending $4,000 throughout the first three months from account opening. This bonus is price $1,388 primarily based on TPG’s March 2025 valuations. That is virtually 4 occasions as many miles from the welcome provide alone and may simply assist to fly a family rather than a person, or it may possibly allow you to fly in enterprise class slightly than economic system.

Though the Enterprise X has a considerably increased minimal spending requirement than its counterparts, the rise could be worthwhile when you can full it.

The Enterprise X has an annual price of $395, whereas the VentureOne has no annual price. However, by not paying for the annual charges, you’re lacking out on some perks with solely the VentureOne and Savor Money playing cards.

For instance, the Enterprise X has a $300 annual credit for bookings via Capital One Journey and a 10,000-mile yearly anniversary bonus, which alone makes up for the annual price. Alternatively, the elevated spending multiplier of two miles on each buy as an alternative of 1.25 miles on the VentureOne will assist accrue extra miles.

That is along with Enterprise X’s extra luxurious perks, reminiscent of lounge access worldwide and as much as $120 in assertion credit for TSA PreCheck or Global Entry.

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Although the welcome bonuses and total earnings on purchases are lower than their premium counterparts, the Capital One VentureOne and Savor Money playing cards nonetheless provide no overseas transaction charges and the flexibility to mix and transfer miles to the same amazing partners.

For these in search of no-frills playing cards that may permit them to journey inexpensively, the VentureOne and Savor Money duo is a superb choice to entry transferable rewards.

To study extra, learn our full evaluations of the VentureOne and Savor Cash.

Study Extra: Capital One VentureOne and Capital One Savor Cash

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For charges and charges of The Platinum Card® from American Specific Card, click here