Capital One Venture X Business Card Review: Is It Worth It?
If you’re a frequent traveler or a business owner looking to maximize your travel rewards, the Capital One Venture X Business Credit Card is a top-tier option worth considering. With an annual fee of $395, this premium card offers a wealth of benefits that can easily outweigh its cost, especially for those who travel regularly. One of its standout features is a generous welcome offer, which allows new cardholders to earn up to 400,000 bonus miles—200,000 miles after spending $30,000 in the first three months, and another 200,000 after spending $150,000 in six months. Beyond the initial bonus, cardholders earn 2 miles per dollar on all purchases, and even more when booking through Capital One Travel, with 5x miles on flights and 10x on hotels and rental cars.
The perks of the Venture X Business Card extend beyond just earning miles. Cardholders enjoy access to over 1,300 airport lounges worldwide, including Capital One’s exclusive lounges, which are known for their spaciousness and quality amenities. Additionally, the card provides a $300 annual travel credit for bookings made through Capital One’s travel portal, effectively reducing the annual fee to just $95 for those who travel regularly. Other benefits include a 10,000-mile anniversary bonus, TSA Precheck or Global Entry statement credit, and no foreign transaction fees, making it a practical choice for international travelers.
For those who want to maximize their rewards, the Capital One miles can be redeemed in various ways, including travel bookings through Capital One’s portal or by transferring miles to over 15 airline and hotel partners for potentially greater value. While the card may not have as many flashy benefits as competitors like the American Express Business Platinum Card, its simplicity and straightforward earning structure make it a strong contender in the travel rewards card market. Overall, the Capital One Venture X Business Credit Card stands out as a valuable tool for small to medium-sized business owners who travel frequently, offering a blend of flexibility, rewards, and practical benefits that make it well worth the investment.
https://www.youtube.com/watch?v=aO-QS7hMLE0
I’m a sucker for a good
travel rewards card
. Over the years, I’ve collected a small handful of them — not because I love juggling annual fees, but because the right cards can save you a
lot
of money on flights, hotels, and travel perks you’d otherwise pay out of pocket for.
Not only do I have a bunch for my personal expenses but I have a couple for this business too. One of
my favorite business credit cards
is the
Capital One Venture X Business Credit Card
. It’s Capital One’s top-tier business product. I love it because there’s a big welcome offer, lounge access to over 1,300 airport lounges, annual travel credits, and a simple 2x reward on all spending (which ensures you are always earning multiples miles per dollar spent).
To help you decide if this card is for you, here’s my full review of the card and why I love it so much:
What is the Capital One Venture X Business Card?
The
Capital One Venture X Business Credit Card
is a travel rewards card issued by Capital One. It comes with a $395 annual fee that is way lower than the other premium business cards out there. And I think you can easily get way more value than the annual fee costs. Here’s a quick look at the main perks:
LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
2 miles per $1 on all purchases, no category restrictions
5× miles on flights booked through Capital One Travel
10× miles on hotels and rental cars booked through Capital One Travel
$300 annual travel credit (through Capital One Business Travel)
Every year, you’ll get 10,000 bonus miles after your account anniversary date.
Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass
lounges, after enrollment
Up to $120 statement credit for TSA Precheck or Global Entry
No foreign transaction fees
Using Your Capital One Miles
Capital One miles can be redeemed in a few ways. One is by booking travel directly through Capital One’s portal. While
I usually don’t recommend booking through credit card portals
, to fully benefit from the Venture X’s travel credit (and to get the 5x and 10x miles offers) you’ll need to use their portal.
Another option is to use your miles to get reimbursed for any travel purchase. For 90 days after making such a purchase, you can reimburse yourself at a redemption rate of one cent per mile. After 90 days, and for all other purchases, you can use miles as cash back, at a redemption rate of 0.5 cents per mile (but avoid doing this, as it’s not a good value).
You can also use your Capital One miles in the Capital One Entertainment portal to book tickets for concerts, sports events, and more. Occasionally, Capital One offers cardholder-only events and presale opportunities too. While you’ll get just 0.8 cents per mile for tickets (not the best value), it’s still a fun and unique way to redeem miles.
However, you’ll get the most out of your miles by transferring them to Capital One’s 15+ airline and hotel partners. While the actual value varies based on what you book, you can usually find airline and hotel redemptions worth much more than the aforementioned one cent per mile. (The process is pretty straightforward and can be done through your Capital One account.)
Here are Capital One’s current travel partners:
Accor Live Limitless
Aeromexico Club Premier
Air Canada Aeroplan
Air France/KLM Flying Blue
Avianca LifeMiles
British Airways Executive Club
Cathay Pacific Asia Miles
Choice Privileges
Emirates Skywards
Etihad Airways Guest
EVA Air Infinity MileageLands
Finnair Plus
I Prefer Hotel Rewards
Japan Airlines Mileage Bank
Qantas Frequent Flyer
Qatar Airways Privilege Club
Singapore Airlines KrisFlyer
TAP Portugal Miles&Go
Turkish Airlines Miles&Smiles
Virgin Red
Wyndham Rewards
Pros of the Venture X Business Card
As someone who travels constantly for work, I’m always looking for ways to earn miles faster and make airport life a little less painful.
I like this card
for the simple 2x miles on everything. I use a lot of other cards that can get you 3 or 4x on certain categories like advertising or non-portal travel spend like flights and hotels. But when it comes to dining, museums, transportation, etc, there’s not a lot of ways to get more than 2x per dollar spent on a business card. So, I use this Venture X for anything I can’t get more than 2x per dollar.
Here’s a deep dive into some of the main perks:
$300 Travel Credit
Each year, you get a $300 credit toward bookings made through Capital One Business Travel (flights, hotels, or car rentals). If you’re already booking travel regularly, this credit is basically free money — and it immediately drops your
effective
annual fee from $395 to $95.
The catch? You do have to book through Capital One’s travel portal. It’s powered by Hopper, so the interface is clean and prices are usually competitive. I’ve found some good deals there.
Lounge Access
You get access to Capital One Lounges and Priority Pass lounges. Capital One’s own lounges are actually great — spacious, modern, good food — though they’re still limited location. But they are expanding how many they have and I personally think they are way better than the other lounges competitor banks have. You also get Priority Pass access t o over 1,300 lounges globally, which is a common but really nice perk.
Anniversary Bonus
Every year on your account anniversary, you’ll get 10,000 bonus miles (worth about $100 toward travel). It’s a nice “thank you” that helps offset the annual fee even further.
Should You Get This Card?
The
Capital One Venture X Business Credit Card
is best for small- to medium-sized business owners who travel regularly and can put at least $30,000 to ensure they meet the welcome offer requirements.
Overall, I think the
Capital One Venture X Business
is one of the best-value premium business cards out there right now. It’s not as benefit-packed or as flashy as the The Business Platinum Card® from American Express or the Chase Sapphire Reserve for Business?, but it’s easier to use, has a less expensive annual fee, gets you lounge access, and an easy to understand earning structure.
It’s one of the cards I use the most often for my business. I highly recommend getting it.
Stop paying full price for travel!
Download my free guide to points and miles and learn how to use points and miles for free travel! It’s how all the pros travel so much! In this guide, I’ll show you:
How to Pick a Credit Card
How to Earn Up to 10x Miles on Your Spending
How to Redeem Your Points
And a Ton of Other Money Saving Tips!
Get the guide
Book Your Trip: Logistical Tips and Tricks
Book Your Flight
Find a cheap flight by using
Skyscanner
. It’s my favorite search engine because it searches websites and airlines around the globe so you always know no stone is being left unturned.
Book Your Accommodation
You can book your hostel with
Hostelworld
. If you want to stay somewhere other than a hostel, use
Booking.com
as it consistently returns the cheapest rates for guesthouses and hotels.
Don’t Forget Travel Insurance
Travel insurance will protect you against illness, injury, theft, and cancellations. It’s comprehensive protection in case anything goes wrong. I never go on a trip without it as I’ve had to use it many times in the past. My favorite companies that offer the best service and value are:
SafetyWing
(best for budget travelers)
World Nomads
(best for mid-range travelers)
InsureMyTrip
(for those 70 and over)
Medjet
(for additional evacuation coverage)
Want to Travel for Free?
Travel credit cards allow you to earn points that can be redeemed for free flights and accommodation — all without any extra spending. Check out
my guide to picking the right card and my current favorites
to get started and see the latest best deals.
Need a Rental Car?
Discover Cars
is a budget-friendly international car rental website. No matter where you’re headed, they’ll be able to find the best — and cheapest — rental for your trip!
Need Help Finding Activities for Your Trip?
Get Your Guide
is a huge online marketplace where you can find cool walking tours, fun excursions, skip-the-line tickets, private guides, and more.
Ready to Book Your Trip?
Check out my
resource page
for the best companies to use when you travel. I list all the ones I use when I travel. They are the best in class and you can’t go wrong using them on your trip.
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Capital One Venture X Business Card Review: Is It Worth It?
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