On the planet of journey rewards playing cards that earn totally transferable rewards, there are only a few no-annual-fee choices. Most require you to carry a second card with an annual price with a purpose to entry switch companions. Even rarer on this area are playing cards with flat incomes charges.
Fortunately, each Capital One and Citi provide a no-annual-fee possibility. The Capital One VentureOne Rewards Credit score Card and the Citi Double Money® Card (see charges and charges) each have flat-rate incomes constructions.
Let’s examine the 2 and see how they stack up in opposition to one another.
Evaluating the Capital One VentureOne vs. the Citi Double Money
| Citi Double Money | VentureOne | |
|---|---|---|
| Welcome provide | Earn $200 money again after spending $1,500 on purchases within the first six months from account opening. | Earn 20,000 bonus miles after spending $500 on purchases inside the first three months from account opening. Plus, new cardholders will obtain a $100 Capital One Journey portal credit score to make use of of their first cardholder 12 months upon account opening (no spending is required to obtain the credit score). |
| Incomes charges |
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| Notable advantages |
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| International transaction charges | 3% | None |
Capital One VentureOne vs. Citi Double Money welcome provide
New VentureOne cardholders can earn 20,000 bonus miles after spending $500 on purchases inside the first three months from account opening. Plus, new cardholders will obtain a $100 Capital One Journey portal credit score to make use of of their first cardholder 12 months upon account opening (no spending is required to obtain the credit score).
Based mostly on TPG’s November 2025 valuations, this welcome provide is price as much as $470 when together with the worth of each the miles and the portal credit score.
In the meantime, new candidates for the Citi Double Money can earn $200 money again after spending $1,500 on purchases within the first six months from account opening. This money again is given within the type of 20,000 Citi ThankYou Rewards factors.
In keeping with TPG’s November 2025 valuations, this welcome provide is price $380.
Winner: VentureOne, as its welcome provide is price barely extra and requires a 3rd of the minimal spending.
Associated: The most effective bank card welcome bonuses of the month
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Capital One VentureOne vs. Double Money advantages
Neither card gives intensive advantages like these discovered on its costlier counterparts. Nonetheless, the VentureOne does have a slight higher hand. With the VentureOne, you may obtain advantages like:
Plus, for those who stay close to a Capital One Cafe, you possibly can obtain 50% off drinks while you pay together with your card. I’ve personally been to the Portland cafe day-after-day this previous week to get my caffeine repair. I definitely cannot complain a few matcha beneath $4.
In the meantime, with the Citi Double Money, advantages are extra restricted. You will obtain entry to Citi Leisure, plus widespread no-annual-fee advantages like $0 legal responsibility fraud safety and identity-theft safety.
It is vital to notice that the Double Money card expenses international transaction charges, making it a much less favorable possibility to be used overseas.
Winner: VentureOne. Its advantages are extra strong than the Double Money’s, and it would not cost international transaction charges.
Associated: Why you might have considered trying a cash-back card
Incomes rewards with the Capital One VentureOne vs. Citi Double Money
Each playing cards earn flat-rate rewards on each buy. With the VentureOne, you may earn not less than 1.25 miles per greenback spent on all purchases. This can be a 2.3% return based mostly on TPG’s valuations.
Alternatively, with the Citi Double Money, you may earn not less than 2% again on all purchases (1% while you purchase and 1% while you pay). Money again is offered within the type of Citi ThankYou factors, which equate to a 3.8% return based mostly on TPG’s valuations.
Additionally, each playing cards earn 5% or 5 miles per greenback spent in rewards on choose purchases made by every issuer’s respective journey portal, however the Citi Double Money takes the slight edge as you possibly can earn bonus rewards on sights, plus accommodations and rental automobiles.
Winner: Citi Double Money. You will earn extra on nonbonus spending.
Associated: Evaluating flat-rate with bonus-category cash-back bank cards
Redeeming rewards with the Capital One VentureOne vs. Citi Double Money
Each playing cards assist you to redeem rewards in comparable methods.
With the VentureOne, you possibly can redeem miles for an announcement credit score on journey purchases or on journey booked by Capital One Journey at a fee of 1 cent per mile. You may also redeem miles for:
Nonetheless, these redemption strategies all present a price of lower than 1 cent per mile, one thing I do not suggest. Money-back redemptions are price simply 0.5 cents per mile, and all the opposite redemption choices are price 0.8 cents per mile.
Moreover, with the VentureOne, you possibly can redeem rewards at checkout on Amazon and on Capital One Leisure.
The Citi Double Money has comparable redemption choices, together with
- Reserving journey by the Citi Journey portal
- Money again
- Charitable donations
- Present playing cards
- Store with Factors
You’ll be able to redeem ThankYou factors for money again by the Citi Journey portal. Utilizing Store with Factors yields a redemption worth beneath 1 cent per level. Redeeming factors for present playing cards can often yield the next return than 1 cent per level. I might keep away from these choices, moreover money again or journey, altogether.
Nonetheless, transferring rewards with both card will maximize their worth.
Winner: Citi Double Money, as rewards might be redeemed for money again at a fee of 1 cent per level.
Associated: Cashing in Capital One miles? How you can get the utmost worth when redeeming miles
Transferring rewards with Capital One VentureOne vs. Citi Double Money
Transferring rewards to journey companions permits you to maximize your rewards with both card. Each issuers have strong rosters of journey companions, together with choices in Oneworld, SkyTeam and Star Alliance.
With the VentureOne, you may have entry to Capital One’s lineup of 15-plus switch companions, together with Air Canada Aeroplan, Air France-KLM Flying Blue and Japan Airways Mileage Financial institution. Most companions have a 1:1 switch ratio.
I just lately added the VentureOne to my pockets and am intrigued by one in all its newer companions: I Choose Lodge Rewards. I am planning on transferring miles to that program to guide a couple of accommodations for an upcoming journey to India.
In the meantime, with the Citi Double Money, you may have entry to Citi’s expansive roster of twenty-two switch companions, together with fashionable ones like American Airways AAdvantage, Air France-KLM Flying Blue and Singapore Airways KrisFlyer.
Switch ratios are decreased by 30% with the Double Money (usually 1:0.7). If you would like entry to the complete switch ratio, you may want to carry a card just like the Citi Strata Premier® Card (see charges and charges).
In case your redemption technique is solely to switch rewards to companions, the VentureOne could also be a greater possibility regardless of incomes much less on purchases.
Whenever you issue within the decreased switch ratio on the Double Money, you are successfully getting a 2.7% return with the Double Money in comparison with a 2.3% return on the VentureOne, based mostly on TPG’s November 2025 valuations.
Winner: VentureOne, since you possibly can switch to most companions at a full 1:1 ratio.
Associated: Greatest methods to redeem Citi ThankYou Rewards factors
Ought to I get the Capital One VentureOne or the Citi Double Money?
If maximizing rewards incomes is your objective, go for the Citi Double Money, because it gives the next baseline incomes fee on all purchases.
Nonetheless, for those who worth journey perks and having no international transaction charges, the VentureOne is the higher alternative, particularly for individuals who journey overseas or need full 1:1 ratio switch entry with out paying an annual price.
Backside line
Including a no-annual-fee, flat-rate rewards card generally is a welcome boost to any bank card setup, as you assure you may earn greater than 1% in rewards on each buy. Even for those who’re searching for simplicity, without having to recollect bonus classes, or solely need to carry one card, the Capital One VentureOne and Citi Double Money are each strong choices.
And since each playing cards don’t have any annual price, you could possibly add each to your pockets, incomes two simple welcome bonuses and diversifying your rewards currencies.
To study extra, learn our full evaluations of the Capital One VentureOne and Citi Double Money Card.
Apply right here: Citi Double Money Card
Be taught extra: Capital One VentureOne Rewards Credit score Card
