Why we love this card: Frequent travelers who don’t want to pay the $500+ annual fee that comes with competitors’ luxury travel cards will appreciate Capital One Venture X Rewards Credit Card For the generous bonus structure and valuable perks.
Positives
- One of the highest reward rates on the market
- Miles are transferable
- There are no foreign transaction fees
cons
- $395 Annual fee
- There is no APR provided
Capital One Venture X: Overview
April
- introduction: Unavailable
- buying: 21.74% – 28.74% variable
- cash advance: 28.74%, plus a fee of either $3 or 3% of the amount of each cash advance, whichever is greater.
Annual fee: $395
Foreign transaction fees: no one
Late payment: Up to $40
the Capital One Venture X Rewards Credit Card It is a premium travel rewards credit card that offers a range of benefits designed especially for frequent flyers. It rewards cardholders with a high mileage rate per dollar on every purchase, with an added bonus for travel and dining expenses. In addition, new cardholders can earn a generous bonus 75,000 miles once they spend $4,000 on purchases within the first three months of account opening. The miles can be used to book travel through the Capital One travel portal or transferred to a variety of airline and hotel partners.
In addition to earning miles, the card offers a host of travel-centric benefits. This includes an annual travel credit for eligible travel purchases made on the card, which can offset annual fees, a Global Entry or TSA PreCheck application fee credit, free airport lounge access, travel protection services, and no foreign transaction fees.
Capital One Venture X: Bonuses
Capital One Venture X offers some of the highest miles earning rates you’ll find in the market today, particularly for travel booked through its online portal:
- 10x miles on hotels and rental cars booked through Capital One Travel
- 5 times more miles on flights booked through Capital One Travel
- Double the miles on everyday purchases
New cardholders also have the opportunity to earn an early spend bonus of 75,000 bonus miles once they spend $4,000 on purchases within the first three months of account opening.
How to redeem Capital One Venture X miles
Journey book
One of the best ways to get the most value from your miles is to book through Capital One Travel outlet. Miles can be redeemed for flights, hotels, car rentals and more.
Cover your travel purchases
Venture Miles can be redeemed for travel purchases within 90 days of booking. This basically allows you to get rid of charges on your statement on credit. Miles are redeemed 1:1 in this way.
Transfer miles to partners
Capital One also allows you to transfer miles from over 15 travel loyalty programs. Generally, miles transfer at a 1:1 rate, although you may be able to increase the value of your rewards with certain partners or deals.
Sharing rewards
If you have a friend or family member who also has a Venture Card, you can transfer your miles to them. You choose how many miles you want to send.
Redeem for gift cards
If you don’t plan to travel, you can redeem your miles for gift cards instead. Capital One offers gift cards from merchants like iTunes, Barnes & Noble, Best Buy, and more.
Get cash
It is also possible to redeem your Venture Miles in the form of a statement or check. Statement balances appear in your account as soon as two to three business days, while checks are mailed within three business days and should arrive in two to three weeks.
replacement for entertainment
Capital One Entertainment provides eligible cardholders with exclusive access to events and experiences. Venture Miles can be redeemed for over 500,000 events, such as sporting events, concerts, VIP packages and more.
Additional benefits
In addition to the ability to redeem miles on spending, the Capital One Venture X card offers the following perks and benefits:
- Anniversary Bonus: Earn 10,000 bonus miles (equivalent to $100 when you redeem them for travel) every year, starting on your first anniversary.
- Annual travel credit: Get up to $300 statement credit for bookings with Capital One Travel.
- Global Entry or TSA PreCheck Credit: Get up to $100 in statement form to cover Global Entry or TSA PreCheck fees.
- Entry to the Capital One Lounge: Unlimited free entry for you and up to two guests per visit.
- Partner lounge network: Unlimited access for you and two guests to over 1,300 lounges worldwide.
- Low price protection: If you book a flight when Capital One recommends it and the price drops within 10 days, you’ll get a travel credit of up to $50 toward the difference.
- Price match: If you find a better rate and inform Capital One within 24 hours after booking, you’ll receive a travel credit for the difference.
- Mobile phone protection: If your cell phone is stolen or damaged, you’ll get up to $800 in reimbursement as long as you pay the bill with your Venture X card.
- Premier group: Get a $100 experience credit, daily breakfast for two, and other special benefits.
- Hertz head circuit mode: A free upgrade that allows you to skip the rental counter and enjoy the widest selection of cars.
Is Capital One Venture X right for you?
With an annual fee of $395, Venture X isn’t the card for everyone. However, when compared to similar high-end travel cards, it is more affordable than many competitors. Since it also saves a few hundred dollars in annual statement credits, cardholders who use Venture X strategically can recoup most of those annual fees and enjoy the perks of luxury travel.
Credit cards are similar to Capital One Venture X
While the Venture X is a standout among travel rewards credit cards, there are a few cards from other issuers that offer similar benefits.
Chase Sapphire Reserve vs. Capital One Venture X
the Sapphire Chase Reserve It’s one of the few cards to match Venture X’s 10x earning rate on hotels and rental cars, plus 5x on flights booked directly through the issuer’s travel portal after you spend your first $300 on travel purchases annually. However, it also provides 3X back savings when dining, which the Venture X does not. And although Sapphire Reserve has a higher annual fee of $550, it also offers a number of credits and statement perks that more than make up for it, including Including a 50% higher redemption value for points redeemed with Chase Ultimate Rewards, a free Lyft Pink All Access membership, an annual travel credit of up to $300, and more.
The Platinum Card from American Express against Capital One Venture X
With one of the highest annual fees on the market at $695, some travel rewards enthusiasts might shy away from using the American Express Platinum Card. However, this card offers very competitive rewards and superior perks. Cardholders earn 5x the membership points on flights and hotels booked through American Express Travel, plus double the points on other travel purchases booked through Amex and 1X on everything else. They also enjoy up to $200 annual credit for airline fees, up to $200 annual credit for hotel group bookings, up to $200 in Uber credits, a fee credit for either Global Entry or TSA Precheck, and more. By much (conditions apply and registration is required).
To view American Express Platinum Card rates and fees, see This page.
Frequently Asked Questions
What is the difference between Capital One Venture and Venture X?
The Capital One Venture Card is basically a scaled-down version of Venture X. It has an annual fee of just $95, and rewards are over 5x miles for certain travel spends.
What score is required for Capital One Venture X?
According to Capital One, applicants need to have a premium credit card to be approved. This generally translates to a FICO credit score of 740 or higher.
What is the value of 75,000 Venture X points?
When redeemed for travel bookings, the bonus is $75,000 (1 cent per point). However, you may be able to increase the value of these points by transferring them to certain travel partner loyalty programs.
Please note that card details are accurate as of the date of publication, but are subject to change at any time at the discretion of the issuer. Please contact the card issuer to verify rates, fees, and benefits before applying.
