Capital One Venture X Rewards Credit Card
The Capital One Rewards Mastercard allows frequent shoppers to stock up on reward points from purchases made at the retail giant.
Card Summary
A travel rewards credit card, the Capital One Venture X Rewards Card Card is a card with lucrative benefits that provides frequent travelers.
Spend at least two dollars to earn cardholders 2 miles, and you can get up to 10 miles for eligible travel purchases. To maximize your rewards and gain up to $300 each year in statement credits, cardholders are encouraged to plan ahead with Capital One Travel.
Capital One Venture X Rewards credit card review:
Although the Capital One Venture X Rewards credit card has a hefty $395 per year, frequent travelers who use Capital One Travel can get more than enough rewards to offset it.
The pros:
There is no cap on the amount of rewards earned and they never expire. No foreign transaction fee. Base rewards rate: 2 miles per $1.
Card Summary - Cons
Annual fee of $395.
You can only earn bonus rewards for eligible travel bookings made using Capital One Travel.
There is no introductory 0% annual percent rate.
Rates and fees
Highlights
Spend $10,000 in your first six months to earn 100,000 bonus miles, which is equivalent to $1,000 for travel.
Only for a limited time: Get up to $200 in credit on your statement to pay vacation rentals that were charged to your account during your first year, you can get up to $300 annually in statement credit for Capital One Travel bookings. Capital One offers the best deals on thousands of options and you will receive Capital One's highest prices.
Start your anniversary with 10,000 bonus miles, which equals $100 toward travel. Book hotels or rental cars through Capital One Travel to earn unlimited 10X Miles and 5X Miles on flights through Capital One Travel. Plus, you can get unlimited 2X Miles on any other purchase.
Get away from the crowds at airports and get recharged before you fly with all-inclusive access at Capital One Lounge or at 1300+ priority pass lounges around the world.
Get up to $100 off Global Entry and TSA pre-check. Venture X points can be used to cover your travel costs, such as flights and hotels. You also have the option to transfer your miles into one of more than 15 travel loyalty programs.
Comparative Analysis with Other Cards
Capital One Venture X Rewards Credit Card vs. Chase Sapphire Reserve:
Annual Fee: The Capital One Venture X rewards Credit Card has a $395 fee. Chase Sapphire Reserve cards have a $550 fee and a $75 per user.
Reward: Capital One Venture X rewards credit card earns 10 mile per dollar for hotels, rental cars, flights, and other purchases. The Chase Sapphire Reserve card has more reward categories, so earning rewards is more difficult. Chase Ultimate Rewards offers additional points for travel purchases. After your initial $300 of travel, you can get 10 points per $1 on hotel and rental car bookings and 5 points per $1 on flights.
Chase Ultimate Rewards will give you 10 points for every dollar spent on Chase Dining, and 3 points per dollar for any other dining purchases. After the initial $300 of travel expenses each year, eligible travel purchases other than Ultimate Rewards earn 3 points per dollar. Other purchases earn 1 point for every dollar.
Sign up bonus: Capital One Venture X Rewards credit card - Earn 100,000 bonus miles when you spend $10,000 in Purchases within the first 6 months. This is equivalent to 1,000 in Travel. These bonus miles can be used to book travel through Capital One Travel.
Chase Sapphire Reserve cards come with 50,000 bonus point for customers who spend $4,000 within the first three months of account opening. These points are worth $750 when you book travel through Chase Ultimate Rewards.
Benefits: The benefits of both cards include access to lounges at airports and a credit that can be used to pay the Global Entry application fee or TSA pre-check fee. There is no foreign transaction fee. Both cards offer the ability to convert rewards into other rewards programs.
The Chase Sapphire reserve card offers Lyft and DoorDash benefits. Capital One Venture X Rewards Credit Card provides a $200 credit for vacation rental expenses in the first year of cardholders.
Capital One Venture X Rewards Credit Card vs. Capital One Venture Rewards Credit Card
Annual Fee: Capital One Venture X rewards Credit Card has a $395 annual charge, and Capital One Venture Rewards Credit Card has a $95 annually fee.
Reward: The Capital One Venture X rewards credit card earns 10 mile per dollar for hotels, rental cars, and flights on Capital One Travel. It also earns 5 miles per $1 on other purchases.
Capital One Travel Rewards Credit Card Earns 5 Miles per Dollar on Hotels and Rental Cars, and 2 Miles per Dollar on All Other Purchases.
Sign up bonus: Capital One Venture X Rewards Credit Card gives cardholders 100,000 bonus miles when they spend $10,000 within the first six months of account opening. This is equivalent to $1,000 travel. Capital One Venture Rewards Credit card offers 60,000 bonus mile for cardholders if they spend $3,000 within the first 3 months of account opening. This is equal to $600 travel.
Benefits: The cards have the following benefits: You can transfer your miles to any eligible loyalty program, receive a fee credit from Global Entry and TSA pre-check, as well as a fee credit for TSA pre-check or Global Entry.
Capital One Venture X Rewards credit card also includes unlimited access to Capital One lounges and Priority Pass lounges.
Conclusion
Do You Need Capital One Venture X Reward Credit Card?
If you are:
You can earn enough rewards to pay the $395 annual card fee.
Spend often in the bonus category of your card.
You don't need to pay foreign transaction fees.
Note: Credit Card summary is for informational purposes only and is not an endorsement of the product. Products and services described are offered by third parties and not Bright Money or its partner banks. Bright Money strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider, or specific product’s site and the information has not been reviewed or provided by the issuer of the product before publication.
