Your Guide to the Capital One Venture X Rewards Credit Card: Perks, Earning Rewards, Transferring Miles
by Krish Patel
With plenty of travel perks and great earning rates, the Capital One Venture X Rewards Credit Card is considered to be one of the best luxury travel cards on the market. Alongside cards such as the Chase Sapphire Reserve and Platinum Card from American Express, this card offers some great travel perks and statement credits. All of this comes at a reasonable $395 annual fee.
Capital One Venture X Earning Rates and Welcome Offer
Currently, the Capital One Venture X Rewards Card offers a welcome offer of 75,000 Capital One Miles after spending $4,000 on the card in the first three months of account opening.
The card comes with the following earning rates attached:
Earn 10 points per dollar spent on hotels and rental cars booked through Capital One Travel
Earn 5 miles per dollar spent on vacation rentals and flights booked through Capital One Travel
Earn 2 miles per dollar spent on all other purchases
Capital One Venture X Perks
The Capital One Venture X offers a competitive annual fee, which can be offset due to the card’s many perks. Listed below are some of the perks that come attached with the card:
An annual credit of $300 for bookings made through the travel portal
Earn 10,000 bonus miles (worth $100 towards travel) on each account, starting with the first anniversary
Free lounge access for up to two guests and the cardholder per visit to Capital One Lounges and lounges in Capital One’s partner network
A number of additional cardholders can be added without charge and can enjoy perks and earn rewards on every dollar they spend
You’ll receive a statement credit for your application fee for either Global Entry or TSA PreCheck
As a cardholder, you’ll also receive trip delay reimbursement.
You’ll receive cell phone protection by paying your monthly wireless bill.
Capital One Venture X Redeeming and Transferring Miles
When it comes to redeeming Capital One Miles, there are several options. However, your best bet is to transfer your points to one of the hotel or airline travel partners. Some Capital One transfer partners include British Airways Executive Club and Avianca LifeMiles. Note that Capital One also offers several other redemption options, including the option to redeem miles for cash-back. However, the Venture X isn’t the best card for this.
Related: How Do You Maximize Your Points with the Capital One Miles Transfer Partners?
Conclusion
The Capital One Venture X is overall a solid credit card that has a great value for when it comes to earning rates and benefits. Considering Capital One’s many transfer partners and the value that Capital One Miles provide, you’ll be able to travel more using miles with the credit card. With a reasonable annual fee and perks such as lounge access and solid earning rates, this is an impressive premium travel credit card.