Best Capital One Credit Cards

In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. We choose our OMAAT Picks based on the combination of benefits the card provides, and the ability to earn outsized rewards. These are the best publicly available offers (terms apply) that we have found for each product or service. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out our advertiser policy for further details about our partners, and thanks for your support! The offers for the Spark® Cash from Capital One®, and Spark® Miles from Capital One® have expired. Learn more about the current offers here.

Updated: 5 days ago

Capital One offers a variety of bank credit cards for a variety of consumers and lifestyles. From premium travel cards and lucrative dining rewards cards to specific cards for students and small businesses, and even to secured cards for those just building credit, the range of options can make it overwhelming to choose the best Capital One credit card.

Best Capital One Credit Card Offers of November 2020

Fortunately, we’ve done the research already, and can help with finding the ideal card for your situation. To start, you’ll want to think about a few factors:

  1. What type of card do you need? — More so than other bank credit cards, Capital One offers different cards depending on where consumers are in their lives. There are cards designed for those starting out with credit, or needing to repair their credit scores, student cards, small business cards, and then multiple general rewards cards.
  2. Cash back or travel rewards? — Depending on which card you choose, you can either earn cash back in the form of a statement credit, or points that can be used towards travel (either as a credit on your statement, or directly with airlines, which we’ll get into below).
  3. Is a higher annual fee worth it? — In many cases, Capital One essentially has two “versions” of a card. One will have no annual fee, and a solid reward structure. The other will have a moderate annual fee (Capital One has reasonable annual fees across the board), but will offer a higher return on your spending. A great example is with the Savor products, which offer an excellent bonus on dining and other purchases. The no-annual-fee SavorOne gives 3% back on dining, while the Savor has an annual fee, but gives 4% back on dining.

With that background in mind, here are the best Capital One credit card offers available today:

Earn 20,000 Miles

Capital One VentureOne Rewards Credit Card

Foreign Transaction Fee: None
Annual Fee: $0
on Capital One's secure site
Why we like this card

Current Offer

  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 10+ travel loyalty programs
  • Enjoy 0% intro APR on purchases for 12 months; 15.49% - 25.49% variable APR after that
on Capital One's secure site
$200 Cash Back

Capital One SavorOne Cash Rewards Credit Card

Foreign Transaction Fee: None
Annual Fee: $0
on Capital One's secure site
Why we like this card

This card has a great return for a cash-back card with no annual fee.

Current Offer

  • Earn a one-time $200 cash bonus after you spend $500 on purchases within the first 3 months from account opening
  • Earn unlimited 3% cash back on dining and entertainment, 2% at grocery stores and 1% on all other purchases
  • No rotating categories or sign-ups needed to earn cash rewards; plus cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.49% - 25.49% variable APR after that
  • No foreign transaction fee
  • No annual fee
on Capital One's secure site
$200 Cash Back

Capital One Quicksilver Cash Rewards Credit Card

Foreign Transaction Fee: None
Annual Fee: $0
on Capital One's secure site
Why we like this card

A cash-back card can be a good way to cut costs in other areas, saving money for travel!

Current Offer

  • One-time $200 cash bonus after you spend $500 on purchases within 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase, every day
  • No rotating categories or sign-ups needed to earn cash rewards; plus, cash back won't expire for the life of the account and there's no limit to how much you can earn
  • 0% intro APR on purchases for 15 months; 15.49%-25.49% variable APR after that
  • Pay no annual fee or foreign transaction fees
on Capital One's secure site

A handful of Capital One cards offer a variety of extra perks and rewards structures, ranging from cards with annual fees to no annual fee cards, from cards earning cash rewards to cards earning travel rewards, etc.

So let’s take a look at my favorite Capital One cards:

The Capital One® Spark® Cash For Business — Best Business Cash Back Credit Card (Review)

The Capital One Spark Cash for Business is ideal for any business looking for a straightforward cash back rewards card.

$95 Annual Fee (Waived The First Year)

The card has a $95 annual fee that’s waived for the first year.

Up To $2,000 Welcome Bonus

The card offers a limited time welcome bonus of up to $2,000:

  • Earn $500 cash back when you spend $5,000 within the first three months
  • Earn an additional $1,500 when you spend $50,000 within the first six months

2% Cash Back Rewards

Earn unlimited 2% cash back on all purchases, with no foreign transaction fees.

Why You Should Get This Card

A lot of businesses just like to get cash back rewards that they can invest back into their business, so getting unlimited 2% cash back with a big welcome bonus and a reasonable annual fee that’s even waived the first year is excellent.

While there are a good number of personal cards offering 2% cash back, this is much rarer with business cards, making this a great option.


Earning 2% cash back on a business card is an excellent return

Alternatives To Consider

The closest alternative to the card is the Blue Business Cash™ Card from American Express, which has no annual fee (Rates & Fees) and offers 2% cash back on the first $50,000 spent every calendar year. However, the card doesn’t have a welcome bonus, and also has foreign transaction fees.

The Capital One® Spark® Miles For Business — Best Business Rewards Credit Card (Review)

The Capital One Spark Miles for Business is a well rounded travel rewards business card, that gives you the option of earning transferable miles, or miles that can be redeemed as cash towards the cost of a travel purchase.

$95 Annual Fee (Waived The First Year)

The card has a $95 annual fee that’s waived for the first year.

Up To 200,000 Mile Welcome Bonus

The card offers a limited time welcome bonus of up to 200,000 Spark miles:

  • Earn 50,000 Spark miles when you spend $5,000 within the first three months
  • Earn an additional 150,000 Spark miles when you spend $50,000 within the first six months

2x Spark Miles Rewards

Earn unlimited 2x Spark miles on all purchases, with no foreign transaction fees.

Why You Should Get This Card

The card earns 2x Spark miles per dollar spent, and you can redeem them in one of two ways:

  • You can redeem them for one cent each towards the cost of a travel purchase, meaning that each dollar spent on the card gets you two cents towards travel
  • You can transfer them to airline or hotel partners at a ratio of up to 2:1.5, meaning that you’re earning up to 1.5 points per dollar spent

The transfer partners are as follows:

AirlinesHotels
Aeromexico Club PremierAccor Live Limitless (ALL)
Air Canada AeroplanWyndham Rewards
Air France/KLM Flying Blue
Alitalia MilleMiglia
Avianca LifeMiles
Cathay Pacific Asia Miles
Emirates Skywards
Etihad Guest
EVA Air Infinity MileageLands
Finnair Plus
JetBlue TrueBlue
Qantas Frequent Flyer
Singapore Airlines KrisFlyer

That flexibility makes this one of the best business credit cards for travel rewards, especially if you spend a lot in non-bonused categories.

On top of that, the card offers a TSA Pre-Check or Global Entry credit once every four years.


Transfer Capital One miles to Emirates for redemptions in first class

Alternatives To Consider

I’d say the best alternative to this would be to get the Ink Business Preferred® Credit Card and Ink Business Unlimited® Credit Card.

The Preferred offers 3x points on the first $150,000 in combined purchases each account anniversary year on travel, shipping, internet, cable, phone services, and advertising purchases made with social media sites and search engines.

Meanwhile, the Unlimited offers 1.5x points on all purchases.

If you have the Ink Preferred and Ink Unlimited, then points can be redeemed for 1.25 cents each towards a travel purchase, or can be transferred to airline and hotel partners.

I value those points at 1.7 cents each, so to me that means the Ink Unlimited offers ~2.55% back, while the Ink Preferred offers ~5.1% back in bonused categories.

The Capital One Venture Rewards Credit Card — Best Personal Rewards Credit Card (Review)

The Capital One Venture Card is probably Capital One’s most popular card, and for good reason. It’s a great option for anyone looking for straightforward travel rewards.

$95 Annual Fee

The card has a $95 annual fee.

100,000-Mile Welcome Bonus

The card offers a welcome bonus of 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening, or still earn 50,000 miles if you spend $3000 on purchases in the first 3 months

2x Venture Miles Structure

Earn unlimited 2x Venture miles on all purchases, with no foreign transaction fees.

Why You Should Get This Card

Much like the Capital One Spark Miles for Business, the card offers 2x miles per dollar spent, and you can redeem those in one of two ways:

  • You can redeem them for one cent each towards the cost of a travel purchase, meaning that each dollar spent on the card gets you two cents towards travel
  • You can transfer them to airline or hotel partners at a ratio of up to 2:1.5, meaning that you’re earning up to 1.5 points per dollar spent

Note that while the miles on the Spark and Venture cards are branded differently, in reality, they’re very similar, and you can actually combine them easily between accounts.

The Venture Card also offers a TSA Pre-Check or Global Entry credit once every four years.


Transfer Capital One miles to Flying Blue for redemptions in KLM business class

Alternatives To Consider

I’d say the best alternative to this would be to get either the Chase Sapphire Preferred® Card or Chase Sapphire Reserve® Card, and complement it with the Chase Freedom Unlimited®.

The Preferred offers 2x points on dining and travel, and the Reserve offers 3x points on dining and travel, while the Freedom Unlimited offers 1.5x points on all purchases. For example, if you have the Sapphire Reserve and Freedom Unlimited, then points can be redeemed for 1.5 cents each towards a travel purchase, or can be transferred to airline and hotel partners.

I value those points at 1.7 cents each, so to me, that means the Freedom Unlimited offers ~2.55% back, while the Sapphire Reserve offers ~5.1% back in bonused categories.

Capital One® Savor® Cash Rewards Credit Card — Best Credit Card For Dining (Review)

The Savor Rewards Card is ideal for anyone who spends a lot on dining and entertainment.

$95 Annual Fee (Waived The First Year)

The card has a $95 annual fee that’s waived for the first year.

$300 Welcome Bonus

The card offers a welcome bonus of $300 cash back after spending $3,000 within three months.

Up To 4% Rewards

The card offers unlimited 4% cash back on dining and entertainment, 2% cash back at grocery stores, and 1% back on all other purchases. The card has no foreign transaction fees, so is great for purchases abroad.

Why You Should Get This Card

While this isn’t a card I’d recommend using for everyday spending, earning 4% cash back on dining and entertainment with no caps is a useful category for someone who eats out a lot and isn’t looking for travel rewards. When you balance the reasonable annual fee (waived the first year) with the welcome bonus, this is a card that could definitely be worth acquiring.

For anyone wondering, dining includes purchases at restaurants, cafes, bars, lounges, fast-food chains and bakeries. Then entertainment includes purchases like tickets to a movie, play, concert, sporting event, tourist attraction, theme park, aquarium, zoo, dance club, pool hall or bowling alley, as well as purchases made at record stores and video rental locations.

This card also comes with some other unique benefits, like 8% cash back on Vivid Seats purchases.


Earn 4% cash back on dining

Alternatives To Consider

If you’re looking for a straightforward cash back card that’s good for non-bonused spending, consider the Citi® Double Cash Card, which offers 1% cash back on every purchase, and then an additional 1% cash back when you pay for those purchases. The card has no annual fee, so is an excellent option.

Otherwise, something like the Uber Visa Card is a great option, as it offers 4% back on dining, 3% back on hotels and airfare, 2% back on online purchases, and 1% back on everything else, and has no foreign transaction fees and no annual fee.

The downside of both of these cards is that they don’t have welcome bonuses that are nearly as good.

 The Capital One SavorOne Cash Rewards Credit Card — Best No Annual Fee Card

If you’re interested in the Savor Card but don’t want to pay an annual fee, the SavorOne is your best bet.

No Annual Fee

The card has no annual fee.

$200 Welcome Bonus

The card offers a welcome bonus of $200 cash back after spending $500 within three months.

Up To 3% Rewards

The card offers unlimited 3% cash back on dining and entertainment, 2% cash back at grocery stores, and 1% back on all other purchases. With no foreign transaction fees, this card is great for purchases abroad.

Why You Should Get This Card

Personally, I think the Savor Card is worth paying the annual fee for, but otherwise, this is a very nice alternative. Getting a no annual fee card with no foreign transaction fees and bonuses on dining and entertainment is great for anyone traveling internationally.


Earn 3% cash back on dining

Alternatives To Consider

Similar, to the Savor Card, I think the best alternatives are the Citi® Double Cash Card, if you want a straightforward no annual fee card that’s good for everyday spending, and the Uber Visa Card if you want a no annual fee card also offering a great return on dining.

Applying For Capital One Credit Cards

If you’re applying for a Capital One credit card, there are a few general things to be aware of:

  • Capital One typically pulls credit from all three bureaus when you apply for a card; this shouldn’t be a huge deal, but is something to be aware of
  • Applying for a Capital One business card counts as a card towards the 5/24 limit (just as most personal cards would), since it shows up on your personal credit report
  • Generally Capital One will approve you for at most one card every six months, so you’ll want to select your card carefully

Best Capital One Credit Card for Travel Rewards

Capital One credit cards come in two varieties — those offering cash-back rewards, and those offering travel rewards. Historically there wasn’t much distinction between the two categories, as while they were marketed differently, the points ultimately functioned in the same way.

Cash Back vs. Purchase Eraser

While the Capital One cash-back cards offer a statement credit as a way of cashing out your rewards, while the Capital One travel rewards cards let you “erase” purchases, by choosing certain travel-related transactions to receive a rebate on.

In both cases, 1 Capital One point (or mile) gives 1¢ in credit, and the net result is receiving a reduction in the amount you’ll owe on your credit card bill.

Capital One recently introduced a new benefit to their travel rewards cards, allowing those with certain credit cards to transfer their points directly to airline miles. You can still use the Purchase Eraser option, but can also convert Capital One miles to over a dozen loyalty programs.

Being able to transfer points to airlines opens up a ton of aspirational redemptions, and makes Capital One miles much more valuable. Since you can still use your points for a statement credit via Purchase Eraser, if you think you’ll ever want to use points for travel, you should choose a travel rewards card instead of a cash-back card. Here are the best Capital One credit cards for travel available today:

Earn 20,000 Miles

Capital One VentureOne Rewards Credit Card

Foreign Transaction Fee: None
Annual Fee: $0
on Capital One's secure site
Why we like this card

Current Offer

  • $0 annual fee and no foreign transaction fees
  • Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
  • Earn unlimited 1.25X miles on every purchase, every day
  • Travel when you want with no blackout dates and fly any airline, stay at any hotel, anytime
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Transfer your miles to over 10+ travel loyalty programs
  • Enjoy 0% intro APR on purchases for 12 months; 15.49% - 25.49% variable APR after that
on Capital One's secure site

In the past, Capital One was known for their straightforward cards that earned either cash back or miles that could be redeemed towards travel purchases.

Capital One is really reinventing themselves, though, as they create a transferable points currency and also increasingly offer valuable partnerships. In addition, almost all of their cards have the benefit of no foreign transaction fees. With the addition of the mileage transfer benefit, the Venture and Spark Miles are among the best credit cards for earning airline miles, but with so many cards to choose from there’s truly a Capital One card designed for every lifestyle.

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Blue Business Cash Card (Rates & Fees).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
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