CNBC Select analyzed the pros and cons of Capital One credit cards using an average American's annual spending budget to find the best based on consumer habits.

If you want to downgrade your Capital One credit card, you'll need to call customer service and ask what your options are.

So, your Capital One credit cards may one day run on the Discover network, but it likely won't happen anytime soon. If this happens, your card's acceptance rates, perks and rewards may change.

Both the Capital One Venture Rewards Credit Card and the Capital One Venture X Rewards Credit Card cards offer 75,000 points when you spend $4,000 in the first three months of opening your account.

Both Capital One and Discover offer a wide variety of options, but some cards stand out more.

Those who have this credit card can purchase several concert and live performance tickets through Capital One Presales website and Capital One Entertainment.

The best Capital One cards include generous cash-back and travel cards, plus options for business owners, students, and those with fair or poor credit.