Capital One Venture X Credit Card Review

The card_name is one of my favorite travel rewards cards. This card comes with several great benefits, the miles are easy to redeem and the annual fee is very reasonable. This is why the card is one of my favorites to recommend to most people.

In 2021, Capital One stepped into the premium travel card space when it launched the card_name. This card directly competes with card_name and the card_name. In my opinion, it’s definitely giving both of these cards a run for their money.

Welcome Bonus

Currently, the card_name comes with a solid welcome bonus. bonus_miles_full

These miles can be worth $750 if you redeem them for travel directly through Capital One. However, these miles can be worth significantly more if you transfer them to one of Capital One’s travel partners. I’ll list our the transfer partners down below.

Annual Fee

This card comes with a $395 annual fee. This is significantly less than other premium rewards cards and comes with comparable benefits. Like all cards with annual fees, you should be getting more in benefits than the cost of the fee. So let’s get into the benefits.

Venture X Benefits

This card_name comes with some fantastic benefits. This isn’t a comprehensive list but here are several of my favorite benefits.

Travel Credit – You will get up to $300 in statement credits each year for travel booked directly with Capital One Travel. In my opinion, getting the full $300 credit is super easy to do.

Anniversary Bonus – Starting on your first card anniversary, you’ll get 10,000 bonus miles each year. If you use these miles as a statement credit, their worth $100.

Lounge Access – With this card, you’ll get a free Priority Pass membership to airport lounges around the world and Capital One lounges. This give access for both you and 2 guests. of all the lounges I’ve visited, the Capital One lounge in DFW is by far my favorite!

Hertz Status – You’ll get free Hertz President’s Club status just by having the card. I love this benefit! When you rent with Hertz, you can pick any car from the President’s Circle row when you rent a midsize car or above. Plus, you can skip the rental counter and go straight to your car which can save so much time!

Global Entry/TSA PreCheck – You get up to a $100 statement credit for your Global Entry or TSA PreCheck application fee.

Cell Phone Protection – If you pay your monthly wireless phone bill with your card_name, you’re eligible for up to $800 in coverage per claim with a maximum of two claims and $1,600 per 12-month period. There is a $50 deductible applies per occurrence.

There are other free benefits, like trip delay insurance, primary car rental insurance and extended warranty coverage and others as well.

Earning More Miles

Earning more miles with the card is pretty straightforward. You can earn more miles with the card_name in the following ways:

10X – You’ll earn 10 times the miles on every dollar you spend on hotels and car rentals when booked directly with Capital One Travel.

5X – You’ll also earn 5 times the miles on all airfare purchases made directly with Capital One Travel.

2X – Finally, you’ll earn 2x miles on all other purchases you make with the card.

Redeeming Your Miles

Transferring Miles – Capital One has several fantastic travel partners you can transfer your miles to. Typically, this is the best way to get the most value out of your miles.

Statement Credits – You can also redeem your miles to offset travel purchases via statement credits. You can offset any purchase the codes as travel using your miles at a rate of 1 cent per point. This is a simple way to redeem your miles.

Future Travel – You can book travel directly with Capital One Travel and use your miles to pay for it. Again, you can redeem your points at a flat 1 cent per point for this as well.

Gift Cards – You can redeem your miles for a variety of gift cards at a rate of 1 cent per point.

Cash Back – If you want straight cash back, you can request it at a rate of 0.5 cents per point. Please don’t do this. If you want the cash, just get a bunch of gift cards to stores where you shop.

Capital One Transfer Partners

All miles transfer at a 1:1 ratio with the respective partners, with the exceptions noted below. You can transfer the miles you earn with the card_name to the following travel partners:

• Aeromexico Club Premier – Miles transfer instantly
• Air Canada Aeroplan – Miles transfer instantly
• Air France/KLM Flying Blue – Miles transfer instantly
• Avianca LifeMiles – Miles transfer instantly
• Accor Live Limitless (2:1) – Miles transfer in 1 day
• British Airways – Miles transfer instantly
• Cathay Pacific Asia Miles – Miles transfer in 5 days
• Choice Privileges – TBD Transfer Time
• Emirates Skywards – Miles transfer instantly
• Etihad Guest – Miles transfer within 24 hours
• Eva Infinity MileageLands (2:1.5) – Miles transfer within 36 hours
• Finnair Plus – Miles transfer instantly
• Qantas Frequent Flyer – Miles transfer within 24 hours
• Singapore Airlines KrisFlyer – Miles transfer within 36 hours
• Tap Portugal – Miles transfer instantly
• Turkish Airlines – Miles transfer instantly
• Virgin Atlantic Red – Miles transfer instantly
• Wyndham Rewards – Miles transfer instantly

Some of my favorite ways to use my Capital One miles are to transfer to Turkish Airlines Miles & Smiles program to take advantage of their sweet spots. I also like us British Airways for flights to Mexico and nonstop domestic routes.

Final Thoughts

The card_name is one of my favorite travel rewards cards. In fact, both my wife and I have this card in our wallets. I think the benefits are top-tier and easy to use. I think most people can easily get enough value out of this card to make it worth paying the annual fee each year. If you don’t have this card, I would strongly recommend you taking a closer look to see if it’s right for you.

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