The Capital One Venture X is a premium travel credit card designed for frequent travelers. It offers a compelling mix of rewards, travel perks, and exclusive benefits, making it a strong contender in the competitive travel rewards space.
Is It Really Free? Technically Yes! Here’s why..
The Card has a $395 annual fee but every year the card provides $300 annual travel credit.
Only catch is you have to use the Capital One Travel Website to book Hotel, Airfare or Car Rental. The website is very user friendly and prices are very similar to other travel sites.
Another great perk of the card is 10,000 miles anniversary bonus that is redeemable for a minimum of $100.
So, $395 fee – $300 travel credit – $100 anniversary bonus = (-$5).
Meaning, Capital One is paying you $5 per year to use this card!!!! You heard that right.
Now that you see the card is technically free if you take at least 1 trip worth $300 per year. Let’s talk about the benefits!
Benefits:
- Generous Welcome Bonus: As of Dec 2024, Capital One is offering 75,000 miles welcome bonus if you meet minimum spending. Which is redeemable for $750. This alone takes care of annual fees for almost 2 years.
- Unlimited Miles: Earn 2X miles on every purchase, with no category restrictions. Plus 10X on Hotel and Car Rental and 5X on Airfare purchases.
- Capital One also does Price Match if you find a better price at another valid website within 24 hours.
- Flexible Rewards Redemption: Redeem miles for travel, cash back(not recommended), or statement credits.
- Global Entry or TSA PreCheck® application fee credits up to $120.
- Rental car insurance, trip cancellation and interruption insurance.
Luxury Travel Benefits:
- Airport Lounges: There are currently 4 Capital One airport lounges in the USA and over 1300 Priority Pass lounges all over the world. With Venture X card you get unlimited lounge access and allowed to take up to 2 guests during each visit. Each visit is valued at approximately $35 per person.
- Premier Collection ($100) and Lifestyle Collection ($50) hotel credits on Capital One Travel website.
- Hertz President’s Circle Status.
- Exclusive Cardholder Experiences: Access to exclusive events, experiences, and partnerships.
Hidden Benefits:
- You are allowed to authorize up to 4 person for free. Each of those authorizers can get their own priority card membership. That means every authorized user can bring 2 guests with them to a Capital One or Priority Pass Lounges. Mind blowing isn’t it!!
Visa Infinite:
- Venture X is a Visa Infinite card, that comes with it’s own line of benefits as well.
- Credit limit starts at $20K.
Overall Assessment:
The Capital One Venture X is a well-rounded travel credit card that caters to both casual and frequent travelers. Its combination of high earning potential, flexible rewards, and premium travel perks makes it a compelling choice for those seeking a premium travel experience. However, it’s crucial to carefully consider the annual fee and ensure that you’ll maximize the card’s benefits to justify the cost.
You might be wondering why is Capital One giving out so much benefits for free. In my personal opinion, Capital One is trying to gain market share from American Express and Chase that has been in the Premium Travel Credit Card Market for longer. So enjoy the great benefits while it’s still free!
Additional Considerations:
- Responsible Spending: Always use credit responsibly and pay your balance in full each month to avoid interest charges.
- Review Terms and Conditions: Familiarize yourself with the card’s terms and conditions to understand the specific rules and limitations of the rewards and benefits.
Note: To get the most accurate and up-to-date information on the Capital One Venture X, it’s recommended to visit Capital One’s official website
If you found this article helpful and considering to apply for this credit card, please use this referral link to apply. I would greatly appreciate it.
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