Capital One Launches Venture X Premium Travel Credit Card


There’s a new player in the competitive premium travel credit card arena: Capital One’s all-new Venture X. The card offers rewards of 10 miles per dollar on hotels and rental cars booked through the Capital One travel portal, and 5 miles per dollar on flights booked through the portal. All other purchases earn 2 miles per dollar spent.

Venture X has an annual fee of $ 395, but that comes with some significant benefits. New cardholders will receive a 100,000 mile bonus offer once they spend $ 10,000 on purchases in the first six months of account opening, and cardholders will earn 10,000 bonus miles additional at each account anniversary. Each Capital One mile is typically worth 1 cent when redeemed for travel. The Venture X also offers an annual travel credit of up to $ 300 in statement credits on bookings through Capital One Travel.

Relaunched travel portal and new airport lounges as part of Premium Push

Earlier this fall, Capital One launched a redesigned Capital One Travel, the place where Capital One cardholders can redeem miles and book travel. Venture X cardholders get huge bonus miles for booking through the portal, even compared to other Capital One cards. The Capital One Venture Rewards credit card, for example, enjoys a 5 miles per dollar bonus for booking hotels and rental cars through the portal, compared to Venture X’s 10 miles per dollar bonus. Venture cardholders do not receive any bonus for booking flights, compared to Venture X’s 5 miles per dollar bonus.

Capital One has just opened its first airport lounge, located at the Dallas-Fort Worth International Airport. Venture X cardholders have unlimited free access, as well as one free entry for two people per visit. (By comparison, Venture cardholders only get two free tours per year.) Capital One plans to open two additional lounges in 2022, at Denver International Airport and Washington Dulles International Airport.

What are the additional benefits and conditions of the Venture X card?

For a limited time, Capital One is offering another perk to new cardholders – earn up to $ 200 in statement credits for vacation rentals paid with your Venture X in the first year. Additional benefits of the card include:

  • Sign up for the Priority Pass and get free, unlimited access to over 1,300 national and international airport lounges.
  • Receive up to $ 100 refund on Global Entry or TSA PreCheck.
  • Venture X does not charge any foreign transaction fees.
  • Venture X miles do not expire and there is no blackout date when you use them to book travel.

The Venture X has an annual fee of $ 395. The conditions and additional costs of the card include:

  • Annual percentage rate for purchases and transfers of 16.99%, 20.99% or 23.99%, depending on creditworthiness.
  • APR of 23.99% cash advance.
  • Transfer fee of 3% of each balance transferred.
  • Cash advance fee of $ 10 or 3%, whichever is greater.
  • Late payment fees of up to $ 40.

Should you get the Capital One Venture X credit card?

Prior to Venture X, Capital One offered two travel rewards cards: the Capital One Venture Rewards credit card, with an annual fee of $ 95, and the Capital One VentureOne Rewards credit card, with no annual fee. The Venture X has a significantly higher annual fee of $ 395, but the perks are also significantly better.

Capital One positions the Venture X to compete with high-end travel cards like the Chase Sapphire Reserve ($ 550 annual fee) and the Platinum Card from American Express ($ 695 annual fee). If you travel often you should definitely consider the Venture X, especially if you pass through Dallas-Fort Worth, Denver, or Washington Dulles airports frequently, where a new Capital One lounge could be a welcome oasis during hectic travel days. .


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