Eligible for receiving the Capital One Venture X welcome bonus?
Take a gander at the scoop on the Three-Headed Money Monster - the Capital One Venture X, the Chase Sapphire Reserve, and the American Express Platinum Card.
The Capital One Venture X is the budget-friendly bruiser in the premium travel rewards sphere, flaunting a comparatively modest $395 annual fee. New cardholders scoop a juicy 75,000 bonus miles after spending $4,000 in the first three months of account opening. Valued at $1,388 using TPG's November 2024 estimations, these miles can be redeemed for travel-related charges or transferred to Capital One's swanky transfer partners like Air Canada Aeroplan and Air France-KLM Flying Blue, where you can bump up the value significantly.
If you're hankering for the Venture X, it's smart to review eligibility first, especially if you're a Capital One card veteran.
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Venture X Perks
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Here's the lowdown on what Venture X offers, from the welcome bonus to the ongoing perks:
Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
Welcome Bonus
Newbies rake in a hefty 75,000 bonus miles after spending $4,000 within the first three months.
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You can swap these miles for travel expenses on your statement or transfer them to partners for better value.
Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
Going the travel statement route will give you about $750 worth of travel value. Alternatively, you can hike it up by moving your miles to lucrative transfer partners.
Annual Fee
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The Venture X shows off a $395 annual fee, significantly lower than competitors. This makes it a shrewd choice for those yearning for premium perks without wanting to pay super-steep annual fees.
Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
Venture X Earnings
The Venture X dishes out a simple yet rewarding earning rate:
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- 10 miles per dollar on hotels and rental cars booked through Capital One Travel
- 5 miles per dollar on flights booked through Capital One Travel
- 2 miles per dollar on all other eligible purchases
Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
Additional Benefits
Beyond the welcome bonus, a roster of perks awaits:
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- $300 annual credit for bookings made through Capital One Travel
- 10,000-mile bonus on every cardmember anniversary
- Lounge access to Capital One and Priority Pass lounges
- Up to $120 Global Entry or TSA PreCheck statement credit every four years
- Cellphone protection and trip delay reimbursement
- Access to the Capital One Premier and Lifestyle Collections of hotels
- No foreign transaction fees
Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
Venture X Eligibility
Before you apply for the Venture X, check the card's eligibility requirements:
Required Credit Score
TPG tips an excellent credit score for this card. Although Capital One doesn't specify a credit score range, they define an excellent credit score as 800 or above. With multiple reports of approval below the mark, it's probably smart to apply even if you're a tad below that marker.
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TPG recommends a score of 740 or higher. Keep in mind that approval isn't guaranteed even with a spectactular credit score.
Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
Capital One Application Rules
You'll only nab approval for one Capital One card every six months, so keep that in mind when doling out applications. Capital One hosts a stuffed roster of cards, so if you're keen on opening several with them, strategize for the long haul.
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Some of Capital One's other cards include:
Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Capital One Venture Rewards Credit Card
- Capital One VentureOne Rewards Credit Card
- Capital One Quicksilver Cash Rewards Credit Card
- Capital One Savor Cash Rewards Credit Card
Relationships with Previous/Current Capital One Cards
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Current or previous Venture X cardholders are out of the running if they've scored a new cardmember bonus in the past 48 months.
Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
If you're in case with the Venture X's sister cards (Capital One Venture Rewards and VentureOne Rewards), you can still swing the Venture X and nab the welcome bonus. The caveat is you'll need to mind the timing of applications closely.
Nick Ewen and David Slotnick, TPG staffers, applied for the Capital One Venture Rewards when it offered an up-to-100,000-mile welcome bonus in April 2021 (since expired). Both were given the thumbs-up for the Venture X less than a year post-Venture Rewards application.
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To Sum it Up
Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
The Capital One Venture X Rewards Credit Card delivers a sizable bang for its reasonable fee. Suitable for diverse travelers, it's a great bet as long as you time your applications properly and boast an excellent credit score based on Capital One's standards.
For more details, peruse our full review of the Venture X.
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Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
In case the info above doesn't float your boat, here are Capital One's top picks.
- The Capital One Venture X provides a more affordable entry into the premium travel rewards market, boasting a yearly fee of $395 compared to competitors.
- The news about the Venture X is a game-changer for budget-conscious travelers seeking premium perks without expensive annual fees.
- To stay updated on the latest Venture X reviews, guides, and travel rewards, sign up for Capital One's daily newsletter and agree to their Terms of Use and Privacy Policy.
- The Venture X's perks are noteworthy, including earning 4X points on dining worldwide, up to $50,000 per year, and transferring them for greater value through Capital One's transfer partners.
- If you're investing in the Venture X, it's crucial to consider financing aspects, such as phone protection, and business-related benefits like hotel and dining privileges.
- In the realm of finance and investing, the Venture X remains an exciting option, especially for those wanting to maximize their credit card rewards and travel experiences.
