Citi Simplicity® Card
vs. Capital One Venture Rewards Credit Card

Updated: July 17, 2024

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Both the Citi Simplicity® Card and the Capital One Venture Rewards Credit Card cater to individuals with good to excellent credit, offering introductory APRs and the convenience of Mastercard's extensive network. The Citi Simplicity offers a long introductory 0% APR period, making it the clear winner if you want a card that excels in balance transfers.

However, the Venture has unlimited miles and travel perks, making it a compelling choice for those who prioritize earning travel rewards. While the Venture card does come with an annual fee, its generous welcome offer and flexible redemption options can offset that cost for frequent travelers.

Credit Card logo for Citi Simplicity® Card
Citi Simplicity® Card
Credit Card logo for Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card
MoneyGeek Rating
4.5/ of 5
MoneyGeek Rating
4.5/ of 5

  • Regular APR
    19.24% - 29.99% variable
    19.99% - 29.99% variable
    0% APR Offer
    0% for 12 months on purchases
    Intro Offer
    No current offer
    Earn 75,000 miles
    Rewards Summary
    Earn 2X -5X miles
    Balance Transfer Offer
    0% for 21 months on balance transfers
    Balance Transfer Fee
    3% for each balance transfer, minimum $5
    4% of the amount of each transferred balance that posts to your account at a promotional APR that we may offer you. None for balances transferred at the Transfer APR.
    Annual Fee
    Recommended Credit
    670-850 (Good to Excellent)
    670-850 (Good to Excellent)
    Penalty APR
    Not sure?

Which Card Is Better for You?

You might prefer the Citi Simplicity if you want to consolidate debt and save on interest with a lengthy 0% APR period for balance transfers and purchases. The absence of annual fees and penalty charges makes it a cost-effective choice for those looking to simplify their finances without worrying about additional costs.

You might prefer the Venture card if you're a frequent traveler interested in earning miles on every purchase. With generous rewards on travel booked through Capital One and a substantial welcome offer, this card is tailored for those who want to leverage their everyday spending into travel opportunities despite the annual fee.

Head-to-Head Comparison: Card Details and Features

Evaluating APRs, fees, credit requirements, rewards and other features will help you determine which card aligns with your financial landscape. For instance, if you're managing existing debt, Citi Simplicity's balance transfer offer might appeal to you, while Venture's travel rewards could sway frequent travelers despite its annual fee.

    discount icon

    Regular APR: Citi Simplicity

    The Citi Simplicity offers a slightly lower starting APR, making it potentially better for minimizing interest costs.

    annualFee icon

    Annual Fee: Citi Simplicity

    For those looking to avoid annual fees, the Citi Simplicity is the better choice with its $0 annual fee, compared to the Venture card's $95 annual fee.

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    Introductory 0% APRs: Citi Simplicity

    The Citi Simplicity is better for introductory 0% APRs, offering 0% for 12 months on purchases and 0% for 21 months on balance transfers, with a 3% balance transfer fee. The Venture card does not have a 0% APR introductory period.

    coins icon

    Rewards: Venture

    The Venture card is better for rewards, offering 5 miles per dollar on hotels and rental cars booked through Capital One Travel and 2 miles per dollar on all other purchases. Miles do not expire, and there's no limit to how many you can earn. It also offers flexible redemption options for travel purchases.

    rewards icon

    Welcome Offers: Venture

    The Venture card has a limited-time offer of 75,000 miles after spending $4,000 within the first three months, plus receive a one-time $250 Capital One Travel credit in your first cardholder year - that's equal to $1,000 In travel, making it superior in terms of welcome offers. The Citi Simplicity has no current offer.

    creditApproved icon

    Recommended Credit Score: Tie

    Both the Citi Simplicity and Venture are designed for individuals with credit scores ranging from 670 to 850, indicating a good to excellent credit requirement. There is no distinct advantage between the two in terms of accessibility based on credit score.

    autopay icon

    Penalties and Fees: Citi Simplicity

    Citi Simplicity is better for penalties and fees, charging no late fees and having a higher rating for penalties. However, Venture does not charge foreign transaction fees, which might benefit travelers.

    points icon

    Issuer Satisfaction: Venture

    Capital One, which issues the Venture card, has a slightly higher issuer satisfaction rating at 4.2 compared to Citibank's 4.1. This makes the Venture card better in terms of issuer satisfaction.

    airplane icon

    Other Features & Perks: Tie

    Both cards offer unique perks. Venture provides travel benefits like a $100 credit for Global Entry/TSA PreCheck, lounge access and special hotel stay benefits. Citi Simplicity offers features like Citi Quick Lock, $0 liability on unauthorized charges and ID theft protection. Depending on your preferences for travel perks vs. straightforward financial benefits, either card could be more appealing.


MoneyGeek evaluates credit cards like the Citi Simplicity and Venture using a tailored scoring system for various use cases. For these cards, the highest scoring use case is balance transfers.

The evaluation considers factors such as the quality of balance transfer offers and the introductory APR on purchases. Other considerations include credit requirements, customer satisfaction and penalty fees. For a deeper understanding of our process, you can review our ranking methodology.

FAQ: Citi Simplicity vs. Venture

What are the main differences in rewards between Citi Simplicity and Venture?
Does the Citi Simplicity card have an annual fee?
What is the welcome offer for the Venture card?
Can I transfer a balance without a fee with the Citi Simplicity card?
Are there foreign transaction fees with the Venture card?

About Doug Milnes, CFA

Doug Milnes, CFA headshot

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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