For a no-annual-fee card, it has a generous sign-up bonus. But on an ongoing basis, you earn just 1.25 miles per dollar. I downgraded to this card when I no longer wanted to pay an annual fee on a Venture card, but I still had miles to redeem. Otherwise, I’m willing to pay the annual fee for the Venture X because the annual travel credit mostly wipes it out, it offers a bunch of other perks, and you earn at least 2 miles per dollar.
Despite its low rewards rate, the VentureOne had one unique perk that might have made it worthwhile for someone: You could transfer rewards to a transfer partner without paying an annual fee. This is still an option, but now other no-annual-fee cards with better rewards also have this perk. If transferring rewards is important to you and you also don’t want to pay an annual fee, consider the Wells Fargo Autograph or the Bilt Rewards Mastercard instead.
Other no-annual-fee travel credit cards can offer more valuable rewards and the same easy introduction into the world of points and miles. What gives this card an edge is that it has a longer list of transfer partners.
