Earn 75,000 miles plus loads of perks by applying for the Capital One Venture X
Editor's Note
The Capital One Venture X Rewards Credit Card is a fantastic option when it comes to travel rewards credit cards.
With an annual fee that undercuts the competition and plentiful, easy-to-understand perks, the card is often a no-brainer for travelers, from luxury seekers to the more budget-minded.
Currently, new Venture X cardholders can earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.
According to TPG's October 2024 valuations, 75,000 Capital One miles are worth up to $1,388 if you use the issuer's valuable transfer partners. All that might have you taking another look at Capital One and the Venture X. If so, here's what you need to know about the card and its current offer.
Capital One Venture X welcome offer
With the Venture X's current welcome offer, new cardholders can earn 75,000 miles after spending $4,000 on purchases in the first three months of account opening.
Capital One miles are worth one cent apiece when redeemed for travel, either directly through Capital One Travel or as a statement credit toward travel purchases.
However, according to TPG's October 2024 valuations, 75,000 Capital One miles are worth $1,388 thanks to the program's 15-plus transfer partners, which you can easily leverage for even more value.
This bonus is a selling point in and of itself, but let's break down the card's other features.
Key benefits of the Capital One Venture X
The Venture X is Capital One's take on the premium travel rewards credit card.
With a $395 annual fee, the card undercuts more expensive competitors in this space, such as The Platinum Card® from American Express ($895, see rates and fees) and the Chase Sapphire Reserve® ($795; see rates and fees).
But a competitive annual fee is just the beginning.
The Venture X confers the following benefits on cardholders:
- Earning: The Venture X earns 10 miles per dollar on hotels and car rentals booked via Capital One Travel, 5 miles per dollar on flights and vacation rentals booked via Capital One Travel and an unlimited 2 miles per dollar on everything else.
- Annual credit: Cardmembers will receive a $300 credit annually for bookings made through Capital One Travel.
- Anniversary bonus: The card pays 10,000 bonus miles on your account anniversary, starting on your first anniversary. As of October 2024, TPG values those 10,000 miles at up to $185 when utilized with Capital One's transfer partners.
- Lounge access: Cardholders, authorized users and up to two guests per visit get complimentary access to Capital One Lounges and more than 1,300 Priority Pass lounges (excluding restaurants).
- Luxury hotel perks: The new Capital One Premier Collection offers free breakfast, room upgrades and other perks at participating hotels and resorts. Cardholders can also access Capital One's Lifestyle Collection.
- Authorized users: Additional authorized users can be added at no charge.
- Global Entry or TSA PreCheck: Cardholders can receive up to $120 in statement credits for either TSA PreCheck or Global Entry.
- Stacking car rental perks: Cardmembers can stack car rental perks with Hertz.*
It's worth noting how the Venture X starts with the foundation of the Capital One Venture Rewards Credit Card, the issuer's mainstay rewards card, and builds from there.
The Venture X features significant but unfussy perks that even inexperienced travelers can maximize. It keeps the same, simple earning structure, accruing 2 miles per dollar on most charges, complemented by elevated earning rates for bookings made via Capital One Travel and a host of other perks.
You also have a handy redemption scheme with the Venture X: straightforward, fixed-value options for beginners and higher-value transfer options for the more experienced rewards users.
*Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. 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.
How does the Venture X compare against other cards?
With a $395 annual fee, the Venture X falls within the premium travel cards category. Two main competitors come to mind: the Amex Platinum and the Chase Sapphire Reserve.
While both of these cards come with significantly higher annual fees — $795 for the Sapphire Reserve and $895 for the Amex Platinum — they also include more perks and, in the case of the Reserve, more flexibility.
Amex Platinum: More lounges, more complexity and a higher annual fee
The Amex Platinum is still the front-runner when it comes to lounge access, with its Global Lounge Collection for eligible cardmembers and access to American Express Centurion Lounges, Delta Sky Clubs (when on a same-day Delta flight)**, Priority Pass lounges and more. Enrollment is required for select benefits; terms apply.
While Capital One has lofty ambitions with its own lounge network, Amex has a significant head start with Centurion Lounges throughout the U.S. and in places like London (LHR) and Hong Kong (HKG).
But the Venture X is not all about lounge access; it's also about value and simplicity. This is where the Amex Platinum falters.
The Amex Platinum has a somewhat dizzying laundry list of benefits and perks, including several different built-in statement credits doled out in increments from monthly to semiannually, annually and every 4-4½ years.
While you can offset the Amex Platinum's hefty annual fee with these included credits, it's a lot to keep track of them. The Venture X beats out the Amex Platinum from the perspective of pure ease.
** Eligible Platinum Card Members will receive 10 Visits per Eligible Platinum Card per year to the Delta Sky Club or to Grab and Go when traveling on a same-day Delta-operated flight.
Chase Sapphire Reserve: More flexibility, higher annual fee
The Chase Sapphire Reserve is another key Venture X competitor. The Sapphire Reserve comes with an annual statement credit perk that is perhaps one of the easiest to use — $300 toward any travel, from hotels to ride-hailing services to airlines and much more.
It's not just Capital One that is leaning into its travel portal. Chase Sapphire Reserve cardholders also earn bonus points at similar rates to the Venture X when booking through Chase Travel℠, with 8 points per dollar on all purchases through Chase Travel℠.***
In addition, you can use the Chase Sapphire Reserve to book travel directly through Chase Travel at a value of up to 2 cents per point, depending on the card and the specific redemption (see your rewards program agreement for full details). This means the Sapphire Reserve has the ability to surpass the 1 cent per mile you get with the Venture X when booking through Capital One Travel.
Coupled with travel partners, Chase Ultimate Rewards are valued at up to 2.05 cents apiece, according to TPG's October 2024 valuations.
However, with a $795 annual fee and limited Chase airport lounge availability in the U.S., the Venture X still gives the Sapphire Reserve a run for its money.
***Elevated earning rate on eligible travel purchases triggers after the $300 annual travel credit is received.
Related: Battle of the premium travel rewards cards — which is best for you?
Long-term value proposition
Here's the math simplified: If you can maximize the $300 annual credit toward Capital One Travel, the Venture X's annual fee effectively comes down to $95, the same annual fee as the Capital One Venture Rewards Credit Card.
Add in a 10,000-mile bonus for every account anniversary (worth $185, according to TPG's October 2024 valuations) and lounge access, and the Venture X becomes even more enticing as a must-have travel card.
Bottom line
The Capital One Venture X can be a great option for many travelers, and the card will likely become more compelling over time as Capital One continues to invest in its rewards program and its lounge network.
The Venture X fits nicely in a competitive field of premium rewards cards, including established players from Amex and Chase. If you value simplicity, a user-friendly travel portal and a growing network of airport lounges, consider adding the Venture X card to your wallet.
If you're curious how the personal Venture X compares to the Venture X Business, check out our card showdown.
To learn more, read our full review of the Capital One Venture X.
Learn more: Capital One Venture X
Related: How Venture X saved me over $6,000 on a summer trip to France
For rates and fees of the Amex Platinum Card, click here.
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
TPG featured card
Rewards
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits.Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.
Rewards Rate
| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro Offer
You may be eligible for as high as 100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.As High As 100,000 points. Find Out Your Offer.Annual Fee
$325Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Excellent to Good
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits.Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.