Best Capital One Credit Cards This 2022

Capital One is one of the most flexible issuers in the market that can provide different credit cards for all kinds of users. And with the plethora of credit cards Capital One has, finding the right one means a mountain of research to tackle. That being said, our financial experts reviewed over 15 Capital One credit cards to guide you to the right choice this 2022.

1 Capital One Venture X Rewards

Capital One Venture X Rewards capital one credit card

Capital One Venture X Rewards Credit Card

Intro Bonus: 100,000 miles

Regular APR: 16.99% to 23.99% (Variable)

Credit Score: 750 to 850 (Excellent)

Annual Fee: $395

HIGHLIGHTS:

  • The card comes with Visa Infinite benefits such as travel and shopping protection.
  • The welcome bonus is very appealing.
  • It offers $200 and $300 back in statement credits.
  • There are 10,000 bonus miles card users will receive annually.
  • Users can earn unlimited 10X miles when using the card on Capital One Travel.
  • It provides Priority Pass and Capital One airport lounge access.

BEST FOR TRAVELERS LOOKING FOR PREMIUM TRAVEL PERKS

If you are a traveler looking for a Capital One credit card with the best travel perks, Venture X Rewards is worth considering. Launched in November 2021, this new travel card offers some of the best benefits that could entice all kinds of travelers. It starts with its rich rewards structure.

Venture X Rewards boasts 100,000 miles (equal to $1,000 in travel) as its intro bonus when you spend $10,000 on purchases in the first 6 months from account opening. Accompanying that is a $200 back in statement credits for vacation rental purchases you made with your card during its first year.

The charm Venture X Rewards is offering won’t quickly fade away as it provides annual rewards among its users. After the 100,000 miles (worth $100 in travel) during the first year, the card will receive 10,000 bonus miles annually starting on its first anniversary. The card users will also get up to $300 back annually as statement credits for bookings made through Capital One Travel.

Further, the rewards rate of this Captial One credit card is undeniably irresistible for travelers. Users can earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel, 5X miles on flights booked through Capital One Travel, and plus unlimited 2X miles on all other purchases. You can use the miles for your travel expenses (hotel, flights, car rentals, etc.) or transfer them to your choice of 15+ travel loyalty programs.

The card doesn’t have foreign transaction fees like the other Capital One credit cards, and it provides up to a $100 credit for Global Entry or TSA PreCheck. You also get unlimited access to all-inclusive amenities at the Capital One Lounge and at 1,300+ Priority Pass lounges worldwide.

On the other hand, Venture X Reward is still a bit short in some aspects despite the attractive travel benefits it is offering. Unlike the others in the same category, the card’s issuer is still developing, which explains its limited domestic airline and high-end hotel travel partners. That being said, it might not be the best option to have if you are into extremely luxurious travel credit card benefits. In this case, you might want to have a look at some credit cards Chase is offering. 

Moreover, the card comes with a $395 annual fee. This might look a bit hefty for some, but its price is pretty reasonable for a card offering a good number of travel perks in its category. Also, do not forget that it is a generous card providing overflowing miles earning and other rewards. That should be enough to justify this annual fee.

2 Capital One SavorOne Cash Rewards

Capital One SavorOne Cash Rewards capital one credit card

Capital One SavorOne Cash Rewards

Intro Bonus: $200

Regular APR: 14.99% to 24.99% (Variable)

Credit Score: 700 to 749 (Good to Excellent)

Annual Fee: $0

HIGHLIGHTS:

  • The cashback won’t expire for the life of the account.
  • There’s no limit to how much you can earn.
  • It has no annual fee but offers an incredible reward structure for entertainment, streaming, dining, and groceries.
  • You can enjoy the 0% intro on purchases and balance transfers, both for 15 months.
  • It comes with a $200 intro bonus.

BEST FOR ENTERTAINMENT WITH NO ANNUAL FEES

Capital One did a magnificent job at the rewards structure of SavorOne Cash Rewards. It will allow you to enjoy almost the same benefits present in the Capital One Savor without paying an annual fee. That being said, it is a good pick for folks who only want to pay for their luxuries and not on yearly fees.

Capital One SavorOne Cash Rewards has no rotating categories. It has a straightforward rewards structure focusing on entertainment (including popular streaming services) and dining, giving you unlimited 3% cashback. However, what will really surprise you is that this Capital One credit card still comes with the same unlimited 3% cashback on grocery stores (except Walmart and Target) despite the $0 annual fees. It makes it a versatile credit card that will satisfy users who need it for entertainment and primary grocery shopping purposes.

On the other hand, one can also earn 8% cashback on tickets at Vivid Seats through January 2023 and 1% on all other purchases. And after spending $500 on purchases within the first 3 months from account opening, card owners will get a $200 intro bonus. 

Another surprise is the 0% intro on purchases and balance transfers for 15 months (14.99% – 24.99% variable APR after), which will attract people who need a longer time to pay off expensive purchases. There is also a $0 foreign transaction fee, making it an ideal card for international travelers planning to use it for various purchases abroad. 

3 Capital One Savor

Capital One Savor capital one credit card

Capital One Savor

Intro Bonus: One-time $300 Cash Bonus

Regular APR: 15.99% to 23.99% (Variable)

Credit Score: 700 to 749 (Good to Excellent)

Annual Fee: $95

HIGHLIGHTS:

  • The card comes with additional warranty protection for eligible purchased items.
  • One can earn up to 4% cashback on entertainment purchases.
  • It comes with a one-time $300 cash bonus.
  • It is ideal for international travelers because of its $0 foreign transaction fees and other travel benefits.

BEST FOR DINING AND ENTERTAINMENT

Most credit cards are designed for essential purchases such as groceries, leaving the entertainment category behind most of the time. This is where Capital One Savor changes the game.

Unlike other credit cards in the market, Capital One Savor is meant for people who frequently pay for dining and entertainment. Users can quickly accumulate rewards by focusing their purchases on the categories that favor their fun lifestyles, though it can also be a good grocery shopping tool. The card basically provides 4% cashback on dining, entertainment, and popular streaming services, but you can also earn 3% cashback at grocery stores and 1% on all other purchases. And once you have reached $3,000 on purchases within the first 3 months of the card, you will also get an enticing introduction bonus in the form of a one-time $300 cash bonus.

On the other hand, the best thing about the main categories mentioned is that they allow unlimited reward earnings: no limits in any way. This means if you are planning to use it solely for entertainment (fine restaurants, sporting events, fast food, shows, theme parks, movies, etc.), you can always expect 4% cashback every time you spend. You can also get 8% cashback on tickets purchased via Vivid Seats and enjoy discounted VIP ticket packages for concerts, sports, and culinary experiences. The cashback won’t expire and will allow you to use them in whatever way you like: statement credit or check, promotions, purchases, gift cards, and online shopping with PayPal and Amazon.

Capital One Savor is also ideal for international travelers who want to earn rewards while splurging on various entertainment purchases, thanks to its $0 foreign transaction fees. It also comes with other travel-related benefits such as travel accident coverage and 24-hour travel assistance and concierge services.

The card requires a $95 annual fee, which might be a bit unattractive for some. However, the fee can be quickly earned back due to the benefits from the rare category the card offers.

4 Capital One Spark 2% Cash Plus

Capital One Spark 2% Cash Plus credit card

Capital One Spark 2% Cash Plus

Intro Bonus: Up to $1,000

Regular APR: N/A

Credit Score: 750 to 850 (Excellent)

Annual Fee: $150

HIGHLIGHTS:

  • The cashback can be redeemed for any amount anytime.
  • It has no APR since the balance is due in full every month.
  • The card offers unlimited 2% cashback: no categories and no spending limits.
  • Businesses can earn up to $1,000 intro bonus.
  • It has no foreign transaction fees and $0 fraud liability if the card is lost or stolen.

BEST BUSINESSES CHARGE CARD WITH CASHBACK

Do you own a business? Looking for rewards in every purchase your employees are making? In that case, the Capital One Spark 2% Cash Plus is something that will favor your situation.

It’s a charge card that offers a 2% cashback rate for all purchases. There are no rotating or specific categories to track, giving business owners to use the card on anything and still expect sufficient rewards in every purchase made everywhere. 

Besides its straightforward use, Spark 2% Cash Plus gives businesses the chance to earn up to a $1,000 intro bonus. The first $500 bonus can be earned by spending $5,000 in the first 3 months, while the additional $500 requires a total of $50,000 spending in the first 6 months of the card. Moreover, businesses can get an annual $200 cash bonus after spending $200,000 or more in each calendar year. While the spending requirement seems a bit overwhelming, it is a good thing for businesses that spends a lot. Moreover, there are no limits, which means your business can earn unlimited rewards that won’t expire and can be redeemed anytime. 

Adding employee cards is free, and using each of the cards will automatically generate 2% cashback to the account. There is also a $0 fraud liability if the card is lost or stolen, $0 foreign transaction fees, and other Visa benefits. However, remember that these benefits come with a significant tradeoff: a $150 annual fee. 

On the other hand, it has no APR since it is a charge card. The balance needs to be paid in full, or the account will be charged a 2.99% monthly late fee. With this, we would suggest Capital One Spark 2% Cash Plus to business individuals who don’t plan to carry a balance from month to month.

5 Capital One Venture Rewards

Capital One Venture Rewards credit card

Capital One Venture Rewards

Intro Bonus: 60,000 miles

Regular APR: 15.99% to 23.99% (Variable)

Credit Score: 700 to 749 (Good to Excellent)

Annual Fee: $95

HIGHLIGHTS:

  • The miles won’t expire, and there is no limit on how many you can earn.
  • It offers 60,000 miles as an intro bonus.
  • You can earn 5X miles on hotels and rental cars booked through Capital One Travel.
  • It provides unlimited 2X miles on all other purchases.
  • The annual fee is cheaper than what Venture X Rewards has.

BEST FOR TRAVELERS WITH DECENT ANNUAL FEES & REWARDS

What Venture X Rewards offers is genuinely magnificent. However, it can be too much for others who are just looking for a reliable travel credit card. That being said, Capital One Venture Rewards is a good alternative.

This Capital One credit card comes with a lower annual fee of $95, which is $300 cheaper than what Venture X Rewards card requires. It is stripped off of some luxurious travel perks that you can see in its Venture X Rewards sibling, but it is equipped enough to satisfy all kinds of travelers.

Venture Rewards has no foreign transaction fees and will allow you to earn 5X miles on hotels and rental cars booked through Capital One Travel. It doesn’t have other categories providing higher rewards rates, but its base rate is satisfying enough at 2X miles on every purchase. There is also no limit to earning rewards, making the card ideal for frequent CC users.

Users will also receive an admirable intro bonus of 60,000 miles (equal to $600 in travel) after spending $3,000 on purchases within 3 months from account opening. You have different options in redeeming the miles: you can directly use it on the Capital One website or pay for the eligible travel expenses first and then redeem the miles as statement credits.

Venture Rewards also offers some travel-related benefits. It includes the $100 credit for Global Entry or TSA PreCheck, free travel accident insurance, and the ability to transfer your miles to Capital One’s airline and hotel partners. Some include British Airways, Wyndham, Accor, Air Canada Aeroplan, and Emirates. If you intend to transfer your miles, however, be informed that not all partners have a 1:1 transfer ratio. For instance, the Accor Live Limitless has a 2:1 ratio, while the EVA Infinity MileageLands has a 2:1.5 ratio.