Capital One Venture vs. Capital One VentureOne: Is an annual fee worth it?

Overview - Capital One offers two popular travel rewards cards: the Capital One Venture Rewards Credit Card and the Capital One VentureOne Rewards Credit Card, which have distinct benefits despite their similar names [1][2] Annual Fees - The Capital One Venture Card has an annual fee of $95, while the Capital One VentureOne has no annual fee [3] Welcome Bonuses - The Capital One Venture offers a significantly higher welcome bonus compared to the VentureOne, requiring more spending but remaining within typical limits for similar travel credit cards [4] Rewards Rates - The Capital One Venture earns 2x miles on all eligible purchases, while the VentureOne earns 1.25x miles on all other purchases [6][21] Redemption Options - Both cards provide the same redemption options, including 5x miles on hotels, vacation rentals, and rental cars booked through Capital One Travel [7][21] Additional Benefits - Both cards have no foreign transaction fees and allow transfers to over 15 travel partners. The Venture offers additional benefits such as a statement credit for Global Entry or TSA PreCheck application fees, while the VentureOne provides a 0% introductory APR for 15 months [9][10][16] Recommendations - The Capital One Venture is recommended for frequent travelers seeking higher rewards and benefits, while the VentureOne is suitable for those preferring a no-annual-fee card with a 0% intro APR offer [10][15] Card Comparison - There is little reason to hold both cards simultaneously due to their similar rewards rates and benefits, although earning welcome offers on each may be beneficial [19]