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The Capital One Venture X Rewards Credit Card is one of the rare premium travel cards that's easy to justify — even after the first year. Between the annual $300 travel credit, 10,000 anniversary bonus miles, lounge access, and strong everyday earning rates, the card can easily offset its annual fee year after year.
If you haven't added it to your wallet yet, now's a great time to sign up. New applicants can earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening. Based on AwardWallet user redemptions, that bonus can be worth well over $1,500 toward award travel — or at least $750 toward eligible travel purchases if you prefer a simpler redemption.
Here’s what you need to know about the current Capital One Venture X offer, why it stands out among premium travel cards, and how to decide whether it belongs in your wallet.
- 10X miles per $1 on hotels and rental cars booked via Capital One Travel
- 5X miles per $1 on purchases through Capital One Entertainment
- 5X miles per $1 on flights when booking via Capital One Travel
- 5X miles per $1 on vacation rentals booked via Capital One Travel
- 2X miles per $1 on all other eligible purchases
Capital One Venture X: Earn 75,000 Bonus Miles
The Capital One Venture X currently comes with the following welcome offer: Earn 75,000 Miles when you spend $4,000 on purchases in the first 3 months from account opening.
Every now and then, Capital One boosts the welcome offer on this card. However, we've only seen a higher offer than the current one twice since the card debuted in 2021, so truly elevated offers are few and far between.
Want to see the full card offer history? Check out our comprehensive Capital One Credit Card Offer History.
What are Capital One miles worth?
Part of what makes this elevated Capital One Venture X offer truly special is the value of Capital One miles. On average, AwardWallet users redeem Capital One miles for 2.04¢ each, making the 75,000-mile bonus worth over $1,500 toward award travel.
To unlock this kind of value, you’ll need to strategically transfer your miles to Capital One’s 22 airline and hotel partners and book award travel. Some partners offer better value than others. AwardWallet users have found the greatest value through Air Canada Aeroplan, Japan Airlines Mileage Bank, and Virgin Atlantic Flying Club.
You can also redeem Capital One miles at a flat rate of 1¢ each toward travel purchases made in the last 90 days. While that rate isn’t as compelling as what you can get from transfer partners, it still guarantees that your 75,000 welcome offer is worth at least $750 toward paid travel.
Why Get the Capital One Venture X?
Since its launch in 2021, the Capital One Venture X has been one of our favorite travel rewards cards. It carries a $395 annual fee but offers several valuable benefits that make it well worth keeping in your wallet year after year.
Headline benefits
Even though it’s one of the most affordable premium cards available, the Capital One Venture X still comes with an impressive set of travel benefits. These include:
- Access to Capital One lounges and participating Priority Pass™ lounges: Get access to Capital One Lounge and Landing locations, plus a Priority Pass Select membership that provides entry to 1,300+ lounges worldwide.
- Authorized users on the Capital One Venture X no longer receive complimentary lounge access. To unlock access, you’ll need to pay a $125 annual fee per additional cardholder.
- $300 annual travel credit: Receive up to $300 in credits each year for bookings made through Capital One Travel.
- 10,000-mile anniversary bonus: Earn 10,000 bonus miles every year, starting on your first anniversary (worth over $200 based on AwardWallet user redemptions).
- TSA PreCheck® or Global Entry credit: Get up to $120 in statement credits toward a Global Entry or TSA PreCheck application every four years.
- Access to Capital One Travel Premier and Lifestyle Collections: Enjoy added perks like experience credits and exclusive benefits on eligible bookings.
- Hertz President’s Circle® status: Enroll to receive Hertz’s top-tier elite status with access to the widest selection of cars, upgrades, and more.
- Complimentary PRIOR subscription: Get access to curated travel experiences, destination guides, and more with a complimentary PRIOR membership. Enrollment is required.
- Discounted membership to The Cultivist: Receive 50% off the Enthusiast membership for up to two years, granting access to more than 60 of the world’s best museums.
Related: Capital One Venture X Rewards Credit Card: The Ultimate Guide to Features, Benefits, and Rewards
Under-the-hood benefits
The Capital One Venture X also comes with several under-the-hood benefits, including:
- Visa Infinite benefits: As a Visa Infinite cardholder, you’ll have access to an extensive suite of protections and services, such as:
- Roadside dispatch
- Car rental collision damage waiver insurance
- Travel accident insurance
- Trip cancellation or interruption reimbursement
- Trip delay reimbursement
- Travel and emergency assistance services
- Lost luggage reimbursement
- Extended warranty, purchase protection, and return protection
- And more
- Cell phone protection: When you pay your monthly phone bill with the card, you’ll be reimbursed up to $800 if your phone is lost or stolen.
- No foreign transaction fees: Use your card abroad without paying extra for foreign purchases.
Earning rates
In addition to all of its benefits, the Capital One Venture X is an incredibly rewarding card to spend on. It earns miles that never expire at the following rates:
- 10X miles per $1 on hotels and rental cars booked via Capital One Travel
- 5X miles per $1 on purchases through Capital One Entertainment
- 5X miles per $1 on flights when booking via Capital One Travel
- 5X miles per $1 on vacation rentals booked via Capital One Travel
- 2X miles per $1 on all other eligible purchases
Capital One Venture X Application Rules and Restrictions
If you're interested in applying for the Capital One Venture X, there are two sets of rules and restrictions to keep in mind.
The first relates to how often you can apply for a Capital One credit card. Capital One will only accept one card application every six months. And this limit applies to both business and consumer cards issued by the bank. If you've applied for another Capital One card more recently, you'll need to wait before submitting your application.
The second relates to eligibility for the welcome bonus. On the card's application page, you'll find this statement:
“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.”
Finally, unlike most card issuers, Capital One pulls your credit report from all three credit bureaus (Experian, Equifax, and TransUnion). Be sure to review your credit file with each bureau to ensure there are no surprises that could lessen your approval odds.
Other Premium Travel Rewards Card Options
Not sure if the Capital One Venture X is right for you? Here's a side-by-side comparison of the welcome offers, earning rates, and annual fees of other premium travel cards that compete with the Capital One Venture X:
$595Rates & Fees
- 12X – Earn 12 Points per $1 spent on Hotels, Car Rentals, and Attractions booked on cititravel.com.
- 6X – Earn 6 Points per $1 spent on Air Travel booked on cititravel.com.
- 6X – Earn 6 Points per $1 spent at Restaurants including Restaurant Delivery Services on CitiNights℠ purchases, every Friday and Saturday from 6 PM to 6 AM ET. Earn 3 Points per $1 spent any other time.
- 1.5X – Earn 1.5 Points per $1 spent on All Other Purchases.
$795Rates & Fees
- 8x points on all purchases through Chase Travel℠
- 4x points on flights and hotels booked directly
- 3x points on dining worldwide
- 1x points on all other purchases
$895Rates & Fees
(Terms apply)
- Earn 5X points for flights booked directly with airlines or with American Express Travel® (up to $500,000 in purchases per calendar year).
- Earn 5X points on prepaid hotels booked with American Express Travel®.
- Earn 5X points on Fine Hotels + Resorts® and The Hotel Collection bookings.
Bottom Line
Of all the premium travel rewards cards out there, the Capital One Venture X is among the easiest to justify. It’s highly rewarding for everyday spending, offers airport lounge access, and includes several standout benefits that can easily offset the annual fee. Even better, it’s currently offering a standard, but lucrative 75,000-mile 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
- 5X miles per $1 on flights when booking via Capital One Travel
- 5X miles per $1 on vacation rentals booked via Capital One Travel
- 2X miles per $1 on all other eligible purchases
For rates and fees of the cards mentioned in this post, please visit the following links: Citi Strata Elite℠ Card (Rates & Fees), Chase Sapphire Reserve® (Rates & Fees), and American Express Platinum Card® (Rates & Fees)
