If you're a frequent traveler seeking to amplify your journey with rewarding experiences, the Capital One Venture X Rewards Credit Card is worth exploring. From accelerated rewards on travel-related expenses to luxurious perks like lounge access and travel credits, this card caters to your wanderlust while easing the financial burden of your adventures. With an attractive welcome offer and a unique anniversary bonus, the card's offerings extend beyond just travel, ensuring value in every purchase. Although it has a considerable annual fee, frequent travelers might find its benefits outweigh the costs.
MoneyGeek’s Take
Capital One Venture X Rewards Credit Card Review
Updated: October 23, 2024
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Capital One Venture X Rewards Credit Card
On Issuer's Site
Rewards Summary
Earn 2X – 10X miles 10 Miles per dollar on hotels and rental cars booked through Capital One Travel 5 Miles per dollar on flights and vacation rentals booked through Capital One Travel 2 Miles per dollar on every purchase, every day
APR
19.99% - 29.74% variableAnnual Fee
$395Recommended Credit
740-850 (Excellent)Moneygeek.com 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.
Capital One Venture X Overview
Here’s a high-level view of the Capital One Venture X Rewards Card’s key features, from impressive rewards rates and a generous welcome bonus to a significant annual fee:
- Rewards rate: Earn 10X Miles per dollar on hotels and rental cars booked through Capital One Travel, 5X Miles per dollar on flights and vacation rentals booked through Capital One Travel, and 2X Miles per dollar on every purchase, every day.
- Welcome offer: Earn 75,000 bonus miles after spending $4,000 in the first three months, equal to $750 in travel
- Regular APR: 19.99% - 29.74% variable
- Annual fee: $395
- Foreign transaction fee: None
- Intro APR offer: None
Important Card Details
Let’s take a closer look at what the Capital One Venture X Rewards Credit Card offers. From rewards rates and travel perks to fee structures, consider whether the potential benefits of this card will outweigh the sizeable annual fee and some of its travel limitations.
Big Rewards on Travel and Everyday Spending
The Capital One Venture X Rewards Credit Card offers impressive earning rates. With 10X Miles per dollar on hotels and rental cars booked through Capital One Travel, and 5X Miles per dollar on flights and vacation rentals booked through Capital One Travel. For everyday purchases, the card provides 2X miles — a competitive rate with some of the best general rewards cards in the market. This means that all your spending is continuously contributing to your next adventure.
Travel Perks
The travel perks on the Capital One Venture X Rewards Credit Card are noteworthy and designed to enhance the travel experience of cardholders. You receive a complimentary Priority Pass Select membership, granting you access to over 1,300 airport lounges worldwide and transforming your wait time at airports into a more enjoyable experience. Additionally, you get up to $120 application credit for Global Entry or TSA PreCheck every four years, ensuring your travel begins hassle-free. Plus, with the $300 annual travel credit, you can significantly offset your travel expenses.
Considerable Annual Fee
This card carries a $395 annual fee, which is a considerable amount compared to many other rewards cards but much lower than other premium travel cards. The high-value benefits and rewards for frequent travelers could easily outweigh this cost. It's important to assess how much you travel and how frequently you would utilize the card's benefits to determine if the annual fee is worthwhile for your lifestyle and spending habits.
Lucrative Welcome Offer
The card's welcome offer is incredibly generous, allowing you to earn 75,000 bonus miles after spending $4,000 in the first three months. This bonus can be redeemed for travel purchases and holds a value of around $750, which could significantly reduce your travel costs for an upcoming trip. However, reaching the $4,000 spending threshold requires relatively high spending, so it's essential to consider your budget before chasing this bonus.
Anniversary Bonus
Another noteworthy feature is the 10,000 bonus miles awarded each year on your account anniversary. This is a unique benefit that not only rewards your loyalty but also serves as a yearly boost to your miles balance. Valued at about $100, it's like a mini thank you from Capital One each year, which further helps to offset the card's annual fee.
How the Capital One Venture X Rewards Card Compares
Let's compare the Capital One Venture X Rewards card to another of the best travel credit cards to see how your mileage can vary between different credit cards.
How This Card Compares
Capital One Venture X Rewards Credit Card
- Rewards rate: Earn 10X Miles per dollar on hotels and rental cars booked through Capital One Travel, 5X Miles per dollar on flights and vacation rentals booked through Capital One Travel, and 2X Miles per dollar on every purchase, every day
- Welcome offer: Earn 75,000 bonus miles after spending $4,000 in the first three months, equal to $750 in travel
- Regular APR: 19.99% - 29.74% (variable)
- Annual fee: $395
- Foreign transaction fee: None
- Intro APR offer: None
- Best for: moderate travelers with varied spending
Chase Sapphire Reserve® Card
- Rewards rate: Earn 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠, 5x total points on flights through Chase Travel℠, 3x points on other travel and dining, and 1 point per $1 spent on all other purchases.
- Welcome offer: Earn 60,000 points after spending $4,000 in the first three months. That's $900 toward travel when you redeem through Chase Travel℠.
- Regular APR: 21.99% - 28.99% variable
- Annual fee: $550
- Foreign transaction fee: None
- Intro APR offer: None
- Best for: frequent travelers
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.
About Doug Milnes, CFA
Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.
Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.
*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
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Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.