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Do you hold a Capital One Venture X Rewards Credit Card or the Capital One Venture X Business? Then it's time to log in to your account because Capital One has launched an awesome new offer for cardholders. First reported by Frequent Miler, let's get into the details of this promotion — which offers $200 off a hotel stay.
Capital One Travel Premier Collection Hotel Promotion
Eligible cardholders will receive $200 off a booking from the Capital One Premier Collection. The Premier Collection mimics hotel elite status by providing benefits such as free breakfast, complimentary room upgrades, and a $100 experience credit on stays.
Keep in mind the following key terms of this promotion:
- Available until December 31, 2023 — or while supplies last.
- Reservation must be made via the Capital One Travel Portal.
- Only valid for Capital One Venture X or the Venture X Business cardholders.
- Promotion cannot be applied to existing bookings.
- Single-use only, even if you cancel your reservation.
- Minimum stay requirements may apply to certain hotels.
To use this promotion, simply login to your Capital One account and search for a Premium Stay through the Capital One Travel Portal. To see details of this promotion, navigate to the My Travel Offers page.
Related: Capital One Venture X Rewards Card vs. Capital One Venture X Business
Is It Worth It?
This promotion is a no-brainer if you have an eligible card. There are tons of properties that participate in the Premier Collection. So, if you have upcoming travel, it's a great excuse to apply the credit. However, Premier Collection hotels tend to be luxury-oriented, so the nightly room rate for many will exceed that $200 offer, especially once you factor in taxes and fees.
That being said, it does look like you can apply any lingering credits you have in your account. This can happen when the price-drop protection for flights you've booked via the portal kicks in.
Related: Why You Should Never Redeem Capital One Miles Through Capital One Travel
The Bottom Line
Capital One has launched a new offer for eligible cardholders, allowing them to save up to $200 on hotel bookings with the Premier Collection. However, this promotion is only valid while supplies last, so if you're interested — hurry!
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