Capital One Venture Rewards Card

Basic Information: 0% APR on purchases until April 2011 APR: 11.90% variable on purchases Earn two miles for each dollar spent on purchases Receive 10,000 additional miles if you spend one thousand dollars each month for the first three months you are a card member. Annual Fee: None for first year $59.00 after Miles don’t expire Signature Visa card

It appears Capital One is at it again with the release of the new credit cards with the Venture Rewards. This card is not for everyone; for instance, if you have bad credit you shouldn’t be looking for an airline miles credit card, because almost all of them require excellent credit and a lot of spending to really enjoy the benefits they have to offer.

Benefits:
This is a Signature Visa card, which means it comes with a few added bonuses. These include savings on hotels and shopping savings if you shop through Capital One’s website.

In order to receive the bonus miles you must spend a minimum of one thousand dollars every month for the first three months you are a card member. This is a huge bonus and if you are serious about getting this credit card you need to plan ahead of time and wait till you are approved. Then use this card exclusively so you can make that one thousand dollar mark. If you are already a big spender, this shouldn’t be a problem.

Overall I like the feel of this credit card. It is pretty basic, but it offers just enough to entice most people. It isn’t flashy but if you are looking for just an airline miles card this one should be at the top of your list.