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The new Capital One Venture X Rewards Card might be the best premium travel credit card on the market. With easy to use credits and benefits, this card is hard to beat. Plus, it comes with an annual fee that is considerably less expensive than several of its competitors.
A $300 annual travel credit, 10,000 annual bonus miles ($100 value), and access to over 1,300 airport lounges are just the start. The card also offers a $100 credit for TSA Precheck or Global Entry fees and increased earning potential on travel purchases.
Additionally, you can earn a welcome bonus of 100,000 miles when you spend $10,000 in the first 6 months. Those miles are super flexible and worth $1,000 toward travel expenses.
Ready to learn more? In this Capital One Venture X Rewards Card review, we’ll help you decide whether the card is right for your travel style. Let’s get started!
Capital One Venture X Rewards Card Highlights
The Capital One Venture X Card offers some of the best premium travel benefits you’ll find. Here’s a quick look at some of the card’s best features:
- Welcome Offer ($1,000 Value): You’ll earn 100,000 bonus miles when you spend at least $10,000 on the card in the first 6 months. That is equal to $1,000 in statement credits toward travel expenses.
- $200 in Vacation Rental Credits: For a limited-time, you’ll also receive $200 in statement credit toward vacation rentals during the first year you have the card.
- $300 in Annual Travel Credits: This card comes with a $300 annual travel credit (taken as a statement credit) toward travel booked through the Capital One Travel portal.
- 10,000 Bonus Miles Annually: Every year, you’ll get 10,000 bonus miles on your cardmember anniversary (worth $100 in travel credit).
- Earn up to 10x Miles on Travel Purchases: With the Capital One Venture X Rewards Card, you’ll earn 10x miles on hotel and rental car purchases booked through Capital One Travel. The card also earns 5x miles on flights booked through their travel portal and 2x miles on all other purchases.
- Airport Lounge Access: Enjoy complimentary access to all Capital One Lounges and over 1,300 Priority Pass lounges worldwide.
- Global Entry or TSA Precheck Credit: Get up to $100 in statement credits toward the membership fee for either Global Entry or TSA Precheck.
If you love to travel, this card is packed with some major benefits. It rivals some of the best premium travel rewards cards on the market, and the benefits of the card easily cover the cost of the annual fee (and more).
Where It Shines
The Capital One Venture X Rewards Card is, quite simply, one of the best travel credit cards available. Even better, the card packs a ton of value into its various credits and benefits. Unlike some of the card’s competitors, these perks are easy to understand and simple to use.
First, let’s talk about the welcome offer. You’ll earn 100,000 bonus miles when you spend $10,000 over the first 6 months. Yes, $10K can be a lot to spend, but you do have a full half year to do it. Once you meet the requirement, the 100K bonus miles are worth $1,000 in statement credits toward travel expenses.
In addition to the welcome offer, the Capital One Venture X Card comes with a host of other bonuses and credits. You’ll get $300 in annual statement credits toward travel purchases booked through Capital One Travel. You’ll also receive 10,000 bonus miles each year on your account anniversary. Those bonus miles are worth $100 toward travel expenses purchased using your card.
For a limited-time, the card also comes with a $200 credit toward vacation rentals. This can be redeemed as a statement credit and is good for rentals during the first year you have the card.
The Capital One Venture X Card also comes with a $100 credit toward Global Entry or TSA Precheck fees. (This covers the entire fee for either program.) You’ll also enjoy complimentary airport lounge access at the expanding network of Capital One Lounges, plus you’ll get access to more that 1,300 Priority Pass lounges worldwide.
When it comes to the earnings structure, the Venture X Card is no slouch either. The card earns 10x miles on rental cars and hotels booked through the Capital One Travel portal. It also earns 5x points on flights booked through the portal and 2x miles on all other purchases.
Additionally, Capital One continues to improve their partnerships with hotel, airline, and rental car loyalty programs. You can now transfer your miles to more than 15 partner loyalty programs – including British Airways, Emirates, Wyndham Rewards, and more.
Things You Might Not Like About the Card
So, what’s not to like about the Capital One Venture X Rewards Card? For starters, the $395 annual fee on this card is certain to turn off some people.
With that said, premium rewards cards offer bigger benefits but come with higher fees. The Venture X Rewards Card is no different, and its $395 annual fee is considerably less than its two biggest competitors in the space.
Additionally, if you’re a frequent traveler, the value of the card’s benefits outweigh the cost of the annual fee. Every year, the card provides $400 toward travel expenses – a $300 travel credit for purchases through Capital One Travel and 10,000 bonus miles that are worth $100 in travel credits.
Remember, that is just the annual travel credits. There is also the airport lounge access, the Global Entry/TSA Precheck credit, and more to consider. Plus, if you earn the welcome bonus during the first year ($1,000 value), you come out way ahead.
Alternatives to the Capital One Venture X Rewards Card
The Capital One Venture X Rewards Card is a great premium travel rewards card, but it isn’t the only option on the market.
Capital One Venture Rewards Card
If you like the simplicity of Capital One but don’t like the annual fee of the Venture X, the Capital One Venture Rewards Card is a great alternative.
With the Venture Rewards Card, you’ll earn 60,000 bonus miles for making $3,000 in purchases during the first 3 months. Those points are worth $600 in statement credits when you use your card for purchases with any airline or hotel.
Like the Venture X Card, this card also offers a $100 credit toward Global Entry/TSA Precheck. It earns 5x miles on prepaid rental car and hotel purchases through the Capital One Travel portal and 2x miles per dollar on all other purchases. Again, these points are super flexible and can be used for statement credit or transferred to any of Capital One’s 15+ travel partners.
Although you won’t find the same premium benefits on this card, the annual fee is only $95 per year.
Chase Sapphire Reserve Card
The Chase Sapphire Reserve Card comes packed with premium travel benefits that we love. It also earns points through Chase Ultimate Rewards – our favorite rewards program of all.
Earning the welcome bonus on the Sapphire Reserve takes less of a commitment than it does with the Venture X Card. At 50,000 points for spending $4,000 in the first 3 months, the welcome bonus is much easier to earn and worth nearly as much ($750 value when points are used through Chase Ultimate Rewards).
The Chase Sapphire Reserve also offers a host of credits and benefits – including a $300 annual travel credit, access to Priority Pass airport lounges, and up to $100 toward TSA Precheck or Global Entry fees. Benefits with companies like Lyft and DoorDash make the card even more valuable.
When you use the Chase Ultimate Rewards portal, you’ll earn 10x points on hotels and rental cars while airline purchases will net you 5 points per dollar. The card also earns 3x points on all other travel and dining purchases. The annual fee is $550, but the benefits make this our favorite premium travel card on the market.
The Platinum Card® from American Express
Last but not least is The Platinum Card® from American Express. With this card, $6,000 in purchases during the first 6 months nets you 100,000 points. Those points are worth $1,000 in statement credits when you use them to book flights or hotels through Amex Travel.
The Amex Platinum Card also offers a $200 annual statement credit when you prepay your booking with Fine Hotels & Resorts or The Hotel Collection. There is up to $100 in reimbursements available for TSA Precheck or Global Entry fees (enrollment required), status upgrades from Hilton Honors and Marriott Bonvoy (enrollment required), and access to various airport lounge programs.
There are various other benefits, but many of them are super targeted and can be difficult to use. The annual fee also costs a hefty $695 (See rates and fees), but it can still be a good card for the right person.
Final Thoughts: Capital One Venture X Rewards Card
The Capital One Venture X Rewards Card is simply one of the best premium travel rewards card on the market.
With a $300 annual travel credit and 10,000 annual bonus miles (worth $100 in travel statement credits), the card effectively pays for itself. When you consider the card’s airport lounge access and earning potential, it becomes almost a “no-brainer” for frquent travelers.
The card also offers a valuable welcome bonus. At 100,000 miles for spending $10,000 in 6 months, the bonus miles are worth $1,000 toward travel expenses. Plus, for a limited time, you’ll get $200 in vacation rental credits which are good for purchases during the first year you have the card. That is hard to beat.
Overall, we rank this premium travel card near the top of the heap. You should definitely consider the Capital One Venture X Rewards Card for a spot in your wallet.
To see rates and fees for the American Express cards featured, please use the following links: Amex Platinum Card: See Rates and Fees.
Capital One Venture X Rewards Card Review
Capital One Venture X Rewards Card Review Summary
The Capital One Venture X Rewards Card is one of the top premium travel rewards cards available.
With a $300 annual travel credit and 10,000 annual bonus miles ($100 value), the card more than pays for itself. Frequent travelers will love gaining access to over 1,300 Priority Pass airport lounges across the world. Plus, the welcome bonus (100,000 bonus miles for spending $10,000 in the first 6 months) is worth $1,000 in travel credit.
The card also earns up to 10x points on travel purchase through the Capital One Travel portal. If you love to travel, the Capital One Venture X Card is definitely a card you should consider for your wallet.