The Capital One Venture X Rewards Credit Card is a strong competitor in the premium credit cards space. With a stellar earning rate, sign-up bonus and a multitude of luxury travel perks, this card could be one of the best.
The Capital One Venture X Rewards Credit Card might just beat out its competition. This card is well worth it, offering a premium earning rate on travel purchased through Capital One Travel and a higher-than-average 2X points for all other purchases.
This card also comes with a slew of valuable travel benefits ranging from account anniversary bonus points to extensive airport lounge access and more.
That said, more expensive premium cards like The Platinum Card® from American Express offer even more perks such as enhanced travel credits and complimentary Hilton and Marriott elite status (enrollment required). If you have the budget for a pricier premium card and you travel enough to take advantage of the luxury travel perks, you may want to consider another premium credit card instead.
The Capital One Venture X Rewards Credit Card is best for frequent travelers who have the budget for a premium credit card and can take advantage of all the luxury travel perks this card offers. For those not looking to break the bank on a more expensive premium card, the Capital One Venture X Rewards Credit Card can be an excellent choice.
For people looking to spend more in order to get more out of their premium travel credit card, it may be worth it to apply for a card like the Chase Sapphire Reserve® card or The Platinum Card® from American Express instead.
Intro Purchase APR
N/A
Regular Purchase APR
21.99% - 28.99% (Variable)
Intro BT APR
N/A
Regular BT APR
21.99% - 28.99% (Variable)
Annual Fee
$395
Cash Advance Fee
3% of the amount of the cash advance, but not less than $3
Foreign Transaction Fee
None
Balance Transfer Fee
$0 at the Transfer APR
The Capital One Venture X Rewards Credit Card offers new cardmembers a huge sign-up bonus: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.
Capital One miles are worth around 1 cent per mile when redeemed for travel, so this bonus is worth about $750 (or more, with the right travel transfer partner) — an incredible value when put toward travel purchases.
What’s it worth?: $750 in travel statement credits
The Capital One Venture X Rewards Credit Card allows cardholders to earn 2 Miles per dollar on every purchase, every day; 10 Miles per dollar on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar on flights booked through Capital One Travel.
This is a fantastic rate on travel purchases and an above average rate on all non-bonus category purchases. While most other credit cards only offer 1X miles per dollar spent on all other purchases, the Capital One Venture X Rewards Credit Card offers 2X miles per dollar, making this card more valuable for everyday spending.
Capital One miles are very simple to redeem. You can redeem your rewards for travel statement credits or transfer them to a Capital One travel partner to get the greatest value for your rewards. Similar to Chase Ultimate Rewards® and American Express Membership Rewards, Capital One has its own set of transfer partners that allow cardholders to maximize their rewards for at least 1 cent per mile.
That said, you also have several other redemption options available to you, they just might not be quite as valuable:
| Redemption option | Mile value (in cents) |
|---|---|
| Cover select travel purchases (including vacation rentals) | 1 |
| Redeem with PayPal | 0.8 |
| Shop with Amazon | 0.8 |
| Get gift cards | 0.8-1 |
| Redeem for cash back | 0.5 |
| Transfer your rewards to travel loyalty programs | Depends on the transfer partner and ratio |
| Book a trip through Capital One travel | 1 cent |
| Transfer your rewards to another Capital One account | 1 cent |
Capital One has significantly improved its point transfer options this year. You can transfer your Capital One Venture X Rewards Credit Card miles to 15+ travel and hotel programs, mostly at a 1:1 ratio. Though this list of partners currently ranks behind Chase and Amex due to the lack of a major U.S. airline program, it does include some great airline partners (like Air Canada Aeroplan).
Note that you’ll need to transfer a minimum of 1,000 Capital One Venture X Rewards Credit Card miles at a time to travel partners and they will need to be in 100-mile increments. Capital One miles will typically post to your account between one to three business days after they’re charged to your statement, which means you don’t need to wait until your statement closes to transfer miles to airline or hotel partners.
With a little savvy, you can get more than 1 cent in value per each mile with these partners:
Among the top benefits of the Capital One Venture X Rewards Credit Card are the variety of travel credits for cardholders. These credits work to fully offset the card’s annual fee:
The Capital One Venture X Rewards Credit Card comes with a number of travel and purchase protections designed to offer you some peace of mind.
The Capital One Venture X Rewards Credit Card may be one of the cheapest options for getting airport lounge access.
The card offers cardholders unlimited access to Capital One Lounges and 1,300+ Priority Pass lounges worldwide.
While only one Capital One lounge will be available in the near future — the Dallas/Fort Worth lounge is officially opening in November — there are plans for more lounges to open in Denver and Washington – Dulles Airport in 2022.
Capital One Lounges are full of premium amenities, like cycling and yoga rooms and futuristic nap pods, and cardholders will get two complimentary guest visits.
With Priority Pass access, cardmembers can visit thousands of airport lounges around the world. These lounges include things like complimentary refreshments, free Wi-Fi, sleeping areas, spa treatments and more.
Another top perk offered by the Capital One Venture X Rewards Credit Card is that members will receive 10,000 bonus miles every account anniversary, which is equal to $100 towards travel. This is a nice annual gift and will give you a little something to kick-start your travels each year (and help alleviate your annual fee).
Capital One Travel has thousands of flights, hotels and rental cars available for booking on their site. Capital One now boasts an innovative travel booking experience, which includes things like predictive pricing models and tools for finding the best deals possible. You’ll also have access to free price drop protection, 24/7 alert technology, and the option to freeze a price you find and return to book it up to 14 days later.
Capital One Venture X Rewards Credit Card members will receive automatic Hertz President’s Circle status, which means you’ll get guaranteed upgrades and will have the ability to choose from the widest selection of cars.
Capital One Venture X Rewards Credit Card holders can add authorized users to your account for no fee. Your additional cardmembers can enjoy the same benefits you have and their purchases will earn you rewards.
Card members have access to the Visa Infinite Concierge, which can help you with special requests, including things like dinner reservations, Broadway tickets, and access to music and sporting events.
The Capital One Venture X Rewards Credit Card requires at least a Excellent credit score. You’ll want to make sure you have a high enough credit score and can afford the $395 annual fee before applying for this credit card to avoid damaging your credit score and increase your chances of acceptance.
| Credit Cards | Rewards Rate | Welcome Offer | Annual Fee | |
|---|---|---|---|---|
Capital One Venture X Rewards Credit Card
 Apply Now
on Capital One's secure site Rates & Fees |
2 Miles per dollar on every purchase, every day; 10 Miles per dollar on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar on flights booked through Capital One Travel | Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel | $395 |
Apply Now
on Capital One's secure site Rates & Fees |
The Platinum Card® from American Express
|
5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel on up to $500,000 on these purchases per calendar year and 5X Membership Rewards® points on prepaid hotels booked with American Express Travel. Terms apply. | Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership. | $695 | |
Chase Sapphire Reserve®
Review Coming Soon
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Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases | Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards® | $550 | Review Coming Soon |
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Chase Sapphire Reserve®
Review Coming Soon
|
Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases | Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Ultimate Rewards® | $550 | Review Coming Soon |
While more expensive than the Capital One Venture X Rewards Credit Card, The Platinum Card® from American Express is the better choice for those seeking the best luxury travel card. It offers enhanced luxury travel benefits, including access to exclusive American Express Centurion Lounges, up to a $300 Equinox credit (enrollment required), up to $240 entertainment credit (enrollment required), complimentary Hilton Honors and Marriott Bonvoy Elite status (enrollment required) and more.
Beyond these additional benefits, the two cards appear to offer comparable welcome offers and earning rates. However, keep in mind that the points that you earn with the The Platinum Card® from American Express are far more valuable, thanks to the breadth of its travel transfer partners.
How does it compare?
To see rates & fees for The Platinum Card® from American Express please click here.
Verdict: Better travel partners and a more flexible travel credit
While the Capital One Venture X Rewards Credit Card gives it a run for its money, the Chase Sapphire Reserve® still holds the title of the most flexible luxury travel card. For a higher $550 annual fee, the Chase Sapphire Reserve® offers a broader list of travel transfer partners (including United and Southwest) and a far more flexible $300 travel credit that applies to most travel purchases. You can also redeem your points for travel through Chase Ultimate Rewards® to get a 50% bonus. Plus, you can pair it with other Chase cards to get points in extra spending categories. This flexibility makes the points you earn with the card generally more valuable than Capital One Venture miles.
The Chase Sapphire Reserve® offers many of the same benefits as the Capital One Venture X Rewards Credit Card, so the choice between the two mostly comes down to whether you think the extra flexibility (and extra points via other Chase cards) justifies the higher annual fee.
How does it compare?
Verdict: A lower cost alternative for collecting rewards
If you care less about lounge access and more about collecting points for travel, the Chase Sapphire Preferred® Card is a lower-cost alternative to the Capital One Venture X Rewards Credit Card.
Though it’s not considered a premium credit card, the Chase Sapphire Preferred® Card is one of the top travel credit cards on the market. The Chase Sapphire Preferred® Card only charges a $95 annual fee and offers a similarly valuable earning rate: Enjoy benefits such as 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining, and 2x on all other travel purchases, and $50 annual Ultimate Rewards Hotel Credit, plus more.. Like the Chase Sapphire Reserve® card, the points you earn with the Chase Sapphire Preferred® Card are very flexible and valuable, and can be transferred to the same set of travel partners.
It also offers a number of limited time offers, a $50 annual Ultimate Rewards hotel credit, and travel insurance and protections.
How does it compare?
You should get the Capital One Venture X Rewards Credit Card if you’re a frequent traveler looking for a moderately priced premium travel rewards card. If you know you’ll be able to take advantage of the travel perks and credits offered with this card, the Capital One Venture X Rewards Credit Card can end up saving you lots of money on travel long term.
For travelers who would prefer not to pay such a high annual fee, however, the Chase Sapphire Preferred® Card or another, less expensive travel card might be a better option.
Points are valued at 1 cent per point, so if your flight costs $200, you’ll need 20,000 miles, and so on.
Yes, the Capital One Venture Rewards Credit Card has a $95 annual fee.
Your Capital One card should not be declined if you have enough credit available on your card to make your desired purchase. Capital One uses Visa and Mastercard cards, which are accepted most places that take credit cards throughout the world.
*Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at upgraded status level through Dec. 31, 2024. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
To see rates & fees for The Platinum Card® from American Express please click here.
