Capital One Venture X Business
Rating
2 Miles per dollar on every purchase. 5 Miles per dollar on flights and vacation rentals booked through Capital One Travel. 10 Miles per dollar on hotels and rental cars booked through Capital One Travel.
The Capital One Venture X Business card is a premium travel rewards credit card tailored for business owners who frequently travel and want to maximize their rewards. With a combination of high earning rates, generous welcome bonuses, and extensive travel perks, this card stands out in the competitive market of business travel cards.
Rewards Program
The Venture X Business card offers a robust rewards program:
- Earning Rates: Earn 10X miles on hotels and rental cars booked through Capital One Travel, 5X miles on flights booked through Capital One Travel, and 2X miles on all other purchases.
- Welcome Bonus: Earn 100,000 bonus miles when you spend $10,000 on purchases within the first 3 months from account opening.
- Redemption Options: Miles can be redeemed for travel, transferred to over 15 travel loyalty programs, or used for cashback, gift cards, and more.
Travel Perks
This card is packed with travel benefits that can significantly enhance your travel experience:
- Lounge Access: Enjoy unlimited access to Capital One Lounges and over 1,300 Priority Pass lounges worldwide.
- Annual Travel Credit: Receive up to $300 in statement credits for travel purchases made through Capital One Travel.
- Anniversary Bonus: Get 10,000 bonus miles each year after your account anniversary.
- Global Entry/TSA PreCheck Credit: Receive up to a $100 credit for Global Entry or TSA PreCheck application fees.
Additional Benefits
Beyond travel rewards, the Venture X Business card offers several other valuable benefits:
- No Foreign Transaction Fees: Make purchases abroad without incurring extra charges.
- Purchase Protection: Enjoy coverage on new purchases against damage or theft.
- Extended Warranty: Get additional warranty protection at no extra charge on eligible items.
- Travel Insurance: Benefit from travel accident insurance, lost luggage reimbursement, and trip delay coverage.
Fees and Rates
Understanding the costs associated with this card is crucial:
- Annual Fee: $395, which can be offset by the travel credits and rewards earned.
- APR: Variable APR ranges from 17.99% to 24.99% based on your creditworthiness.
- Balance Transfer Fee: 3% of the amount of each transferred balance.
Conclusion
The Capital One Venture X Business card is an excellent choice for business owners who travel frequently and can take full advantage of its numerous travel perks and high rewards rates. While the annual fee is substantial, the benefits and earning potential can more than justify the cost for those who maximize the card’s features.
Pros
The Capital One Venture X Business credit card offers unlimited 2X miles on every purchase, with no limits or category restrictions.
New applicants can earn a generous welcome bonus of 150,000 miles after spending $30,000 in the first three months from account opening.
Cardholders receive a $300 annual credit for bookings made through Capital One Travel.
Venture X Business cardholders get unlimited access to Capital One Lounges.
Cons
The Capital One Venture X Business credit card has a high annual fee of $395, which may be a significant expense for some small businesses.
While the card offers a $300 annual travel credit, it can only be used for bookings made through the Capital One Travel portal, limiting flexibility.
The welcome bonus of 150,000 miles requires a substantial spend of $30,000 within the first three months, which may be challenging for some businesses to meet.
Lounge access is limited to the primary cardholder only, and authorized users do not receive their own lounge access privileges.
