Capital One Venture Rewards Card is a Credit Card
With a credit card, you can carry a balance and accrue interest if necessary. Note this is not advised by me. The points game does not work well, if you are carrying a balance and accruing interest. See #4 in Let’s Get Started To Earning Free Travel.
Earn Miles on Spending
No Foreign Transaction Fees
Pay no foreign transaction fees when you use your card on purchases made outside the United States.
Redeem Your Miles For A Statement Credit
Basically, you use your card to book travel. You then redeem your miles online or by phone to get reimbursed for your purchase. After that, your account will be credited for the purchase, and you will see that credit on your statement. Learn more about redeeming miles here.
The Points Mom And The Capital One Venture Rewards Card