The Capital One Miles loyalty program has been making headlines in recent years primarily as a function of introducing cards like the card_name. This card offers a blend of rewards and card perks that cater to the modern business traveler. In this Captial One Venture X Business review, we’ll highlight why to consider adding this card to your wallet, how to earn and redeem miles as well as the card perks. Let’s dig in!
What is the Capital One Venture X Business Credit Card?
card_name is a premium travel credit card targeted at business owners. The card stands out for its access to the Capital One Miles loyalty program along with its travel benefits. The business travel credit card landscape continues to be competitive. Capital One clearly recognizes this so it’s targeting business owners looking to maximize their spending while offering card benefits to an array of business owners.
Venture X Business Review: Rewards and Perks
2x miles or points per dollar spent is the going rate for cards looking to compete in the travel credit card space. The card_name earns 2x miles per dollar spent on all purchases with no mileage-earning caps. Business owners may find this simple earning structure up their alley as the types of spending business owners incur are likely all over the map. Additionally, the Captial One Venture X Business earns miles for travel-related expenses:
- 10X miles on hotels and rental cars booked through Capital One Travel.
- 5X miles on flights booked via Capital One Travel.
Earning rates of 5-10X miles per dollar spent on travel-related expenses booked through Capital One Travel can be an ideal way for business owners to rack up on miles.
The Annual Fee: Is It Worth It?
Let’s talk about the Venture X Business annual fee. Generally speaking, $300+ is the going rate for premium travel credit card annual fees. At $395, the card_name annual fee seems steep, and it is. However, when you consider the value Capital One packs into this card, it’s not a stretch to see how you can offset the $395 annual fee by being a savvy card user.
A Generous Welcome Bonus
For a limited time, the card_name earns up to 300,000 bonus miles: 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months. These miles can go a long way by transferring them to Capital One Miles’ travel partners to book business and first-class flights.
Travel Benefits That Matter
Benefits, benefits, benefits. The card_name does not skimp when it comes to offering a suite of travel perks for business owners:
- $300 Annual Travel Credit: This annual credit applies to travel booked through Capital One Travel. You can think of this $300 annual credit as effectively reducing the card’s $395 annual fee to $95 per year.
- Airport Lounge Access: Enjoy complimentary lounge access to 1,300+ lounges worldwide, including Capital One, Priority Pass, and Plaza Premium Group lounges. I hear the Capital One lounge in Dallas is A+.
- Global Entry or TSA PreCheck Credit: Nearly every premium travel credit today offers this credit. However, the card offers up to a $100 statement credit for the application fee.
Card benefits like an annual travel credit, airport lounge access, and a security checkpoint credit can offer serious value for business owners who travel regularly.
Who Should Consider the Capital One Venture X Business Card?
The card_name is ideal for business owners with good credit scores and who also have material monthly spending. In addition, the card is great for business owners who are on the road frequently, whether that is for personal or business travel. The simple earning structure plus travel perks can help card members maximize the value on both the earning and redeeming side of the house.
Final Thoughts on Our Venture X Business Review
The card_name offers a compelling earning structure, access to an interesting loyalty program, valuable card perks, and a substantial welcome bonus. Yes, the annual fee is on the higher end of the spectrum but the value a card member can unlock by earning miles on the card and using the Capital One Travel portal can offset the annual fee. Whether you’re looking to earn miles with your business spending or unlock premium travel benefits, the Capital One Venture X Business card deserves a look.
Disclaimer: If you click and/or sign up for a credit card through certain links on this site or any of my related social media platforms, I may make a commission from that click-through. The editorial content on this page and the user comments are not provided by any of the companies mentioned and have not been reviewed, approved, or otherwise endorsed by any of these entities. The opinions expressed here are mine alone.
