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Capital One is running an excellent offer on the Capital One Venture X Business, giving new cardholders the opportunity to earn 150,000 miles once you spend $30,000 in the first 3 months from account opening.
This impressive offer provides enough miles to fly you almost anywhere in the world, plus you'll receive valuable benefits including lounge access, 10,000-anniversary miles each year, and an annual $300 travel credit to spend with Capital One Travel.
- 10X miles per $1 on hotels and rental cars booked via Capital One Travel
- 5X miles per $1 on purchases through Capital One Entertainment (through 12/31/2025)
- 5X miles per $1 on flights booked via Capital One Travel
- 5X miles per $1 on vacation rentals booked via Capital One Travel
- 2X miles per $1 on other eligible purchases
How to Earn 150k Bonus Miles With the Venture X Business
The card comes with a massive welcome bonus of 150,000 miles once you spend $30,000 in the first 3 months from account opening.
The welcome bonus is an excellent offer if you can manage the minimum spend and can be leveraged for thousands of dollars worth of value. Adopting a similar redemption strategy as you would with the Capital One Venture X, the welcome bonus is more valuable than the card's $395 annual fee for several years.
For context, AwardWallet users who transfer these miles to Capital One airline and hotel partners redeem miles for an average value of 2.01¢ apiece. That would make 150,000 miles worth around $3,000.
Related: 100K+ Welcome Bonuses: The Biggest Credit Card Offers Right Now
Why Should You Get the Venture X Business?
The Venture X Business is packed with benefits. It earns well on a variety of purchases, comes with a solid lineup of travel perks and protections, and makes it surprisingly easy to justify its $395 annual fee.
Venture X Business earning rates
If you're looking for a solid return on all types of business spending, the Venture X Business can't be beat. This card earns:
- 10X miles per $1 on hotels and rental cars booked via Capital One Travel
- 5X miles per $1 on purchases through Capital One Entertainment (through 12/31/2025)
- 5X miles per $1 on flights booked via Capital One Travel
- 5X miles per $1 on vacation rentals booked via Capital One Travel
- 2X miles per $1 on other eligible purchases
Venture X Business key benefits
The Venture X Business comes with a $395 annual fee, which is all too reasonable considering it features a long list of benefits:
- No preset spending limit.
- Receive a $300 annual travel credit for booking made through Capital One Travel.
- Receive 10,000 bonus miles on each cardmember anniversary.
- Complimentary access to Capital One Lounges and Plaza Premium Lounges.
- Complimentary airport lounge access with a Priority Pass Select membership.
- Receive up to a $120 credit towards TSA PreCheck or Global Entry membership application fee every four years.
- Access to Capital One's Premier Collection and Lifestyle Collection hotel programs.
- Complimentary employee cards.
- Complimentary virtual card numbers.
- No foreign transaction fees.
- Ability to pay merchants who don't accept credit cards using bill pay through your online account (though there is a 2.9% fee).
Related: Capital One Venture X Business Full Review
Venture X Business travel protections
Your trips and purchases can be covered through built-in protections like these:
- Primary rental car insurance.
- Lost luggage reimbursement.
- Cell phone protection of up to $800 per claim (with a $50 deductible, maximum of $1,000 and two claims per 12 months).
What Can You Do With Capital One Miles?
There are plenty of ways to use the massive haul of Capital One miles you’ll earn with the Venture X Business. But the most valuable option is transferring them to Capital One’s 19 airline and hotel partners to book award travel.
Some of the best transfer partners include Air Canada Aeroplan, British Airways Club, Choice Privileges, and Wyndham Rewards. It goes without saying that this card's welcome bonus can fund a lot of award travel if used strategically.
Alternatively, you can also redeem your miles as a statement credit toward recent travel purchases at a rate of 1 cent per mile.
Another option is using your miles to book travel through the Capital One Travel portal, where they’re also worth 1¢ each — but we don’t recommend this. Since Capital One offers bonus miles (like 10x on hotels and rental cars, or 5x on flights) when paying with your card in the portal, you’ll come out ahead by paying with the card, earning the bonus miles, and then using your miles to cover the charge afterward.
And there are other redemption options, but they’re generally not worth it. These include using miles to pay with PayPal or Amazon, redeeming for gift cards, or simply cashing out. Most of these will give you just 0.8¢ per mile, and cashing out drops the value even further to just 0.5¢ per mile.
It's also worth mentioning that Capital One miles don't expire as long as your account is open. You can focus on earning and redeeming them at your pleasure without worrying about losing any miles along the way.
Who's Eligible for the Venture X Business Sign-Up Bonus?
As with all credit card issuers, Capital One has a few rules you'll need to follow.
First, you can only be approved for one Capital One card every six months. Second, the issuer is known to be sensitive to the number of new accounts and credit inquiries it sees on your credit report. High numbers here could lead to a denial, even if you have a good credit score.
Lastly, you'll see these terms on the application page:
“Existing or previous cardmembers are not eligible for this product if they have received a new cardmember bonus for this product in the past 48 months.”
For most Venture X Business applicants, this shouldn't be an issue. However, it's worth noting that you can't earn the bonus more than once per 48-month period.
And while many Capital One credit cards report to your personal credit report, a spokesperson for Capital One confirmed that this card will not report to your personal credit report so long as your account is in good standing.
Related: Understanding Rewards Credit Card Application Rules and Restrictions
Our Take
If you are a small business owner and have the spending capacity, the welcome offer on the Venture X Business could provide thousands of dollars in value.
That said, the card offers numerous ongoing perks that more than justify its annual fee. These include insurance protections, a great return on everyday spending, lounge access, bonus miles, and an annual travel credit. And if the spending threshold is attainable for your business, you'll have thousands of dollars in added value, thanks to the miles available in this valuable welcome bonus.
- 10X miles per $1 on hotels and rental cars booked via Capital One Travel
- 5X miles per $1 on purchases through Capital One Entertainment (through 12/31/2025)
- 5X miles per $1 on flights booked via Capital One Travel
- 5X miles per $1 on vacation rentals booked via Capital One Travel
- 2X miles per $1 on other eligible purchases
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