Capital One Venture X Business Card Review: Is It Worth It?

I’m on the hunt for a good travel rewards card. Over the years, I’ve collected a small handful of them — not because I like to juggle annual fees, but because the right cards can save you money. a lot Amounts of money on flights, hotels, and travel perks that you would otherwise pay out of pocket.

Not only do I have a bunch for my personal expenses, but I also have a couple for this business. One of my favorite business credit cards is the Capital One Venture X Business Credit Card. This is Capital One’s advanced business product. I love it because there’s a great welcome offer, lounge access to over 1,300 airport lounges, annual travel credits, and a simple 2x reward on all spend (which ensures you’re always earning miles per dollar spent).

To help you decide if this card is for you, here’s my full review of the card and why I like it so much:

What is the Capital One Venture X Business Card?

The Capital One Venture X Business Credit Card is a travel rewards card issued by Capital One. It comes with a $395 annual fee that is much lower than other premium business cards out there. And I think you can easily get more value than the annual fee costs. Here’s a quick look at the key benefits:

• Earn 150,000 bonus miles after spending $30,000 in the 3 months prior to account opening.
• 2 miles per $1 on all purchases, no category restrictions.
• 5× miles on flights booked through Capital One Travel
• 10× miles on hotels and rental cars booked through Capital One Travel
• $300 annual travel credit (through Capital One Business Travel)
• Each year, you will receive 10,000 bonus miles after your account anniversary date.
• After check-in, enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges.
• Up to $120 statement credit for TSA PreCheck or Global Entry
• No foreign transaction fees.

Using your capital a mile

Capital One Miles can be redeemed in a few ways. One is booking travel directly through Capital One’s portal. While I don’t generally recommend booking through credit card portals, to take full advantage of Venture X’s travel credit (and get the 5x and 10x miles offers) you’ll need to use their portal.

Another option is to use your miles to get reimbursed for any travel purchases. For up to 90 days after making such a purchase, you may reimburse yourself at a redemption rate of one cent per mile. After 90 days, and for all other purchases, you can use miles as cash back, at a redemption rate of 0.5 cents per mile (but avoid doing this, because it’s not a good value).

You can also use your Capital One Miles in the Capital One Entertainment Portal to book tickets for concerts, sporting events and more. Occasionally, Capital One also offers cardholder-only events and pre-sale opportunities. While you’ll only get 0.8 cents per mile for tickets (not the best value), it’s still a fun and unique way to redeem miles.

However, you’ll get the most out of your miles by transferring them to Capital One’s 15+ airline and hotel partners. While the actual cost varies based on your booking, you can usually find airline and hotel rates for well over the one cent per mile mentioned above. (This process is fairly straightforward and can be done through your Capital One account.)

Capital One’s current travel partners are:

• Accor Live Unlimited
• Aeromexico Club Premier
• Air Canada Aeroplan
• Air France/KLM Flying Blue
• Avianca Life Miles
• British Airways Executive Club
• Cathay Pacific Asia Mail
• Electoral privileges
• Emirates Skywards
• Guests of Etihad Airways
• Eva Air Infinity Mileage Lands
• Finnair Plus
• I prefer hotel rewards.
• Japan Airlines Mileage Bank
• Qantas Frequent Flyer
• Qatar Airways Privilege Club
• Singapore Airlines KrisFlyer
• Tap Portugal Mail & Go.
• Turkish Airlines Miles and Smiles
• Virgin Red
• Wyndham Rewards

Benefits of Venture X Business Card

As someone who travels constantly for work, I’m always looking for ways to earn miles faster and make airport life a little less painful. I love this card for the simple 2x miles on everything. I use a lot of other cards that can get you 3 or 4x on certain categories like advertising or non-portal travel spend like flights and hotels. But when it comes to dining, museums, transportation, etc., there aren’t many ways to spend more than 2x per dollar on a business card. So, I use this Venture X for anything I can’t get more than 2x per dollar.

Here’s a deep dive into some of the key benefits:

$300 travel credit
Each year, you get a $300 credit for bookings made through Capital One Business Travel (flights, hotels, or car rentals). If you’re already booking travel regularly, this credit is basically free money — and it knocks your money down immediately. effective Annual fee from $395 to $95.

The catch? You must book through Capital One’s travel portal. It’s powered by Hopper, so the interface is clean and the prices are generally competitive. I have found some good deals there.

Access to lounge
You get access to Capital One lounges and Priority Pass lounges. Capital One’s own lounges are actually pretty good — spacious, modern, good food — although they’re still limited space. But they are increasing how many they have and I personally think they are much better than the lounges of other rival banks. You also get priority pass access to more than 1,300 lounges globally, which is a common but really cool perk.

Birthday bonus
Each year on your account anniversary, you’ll receive 10,000 bonus miles (worth about $100 toward travel). It’s a nice “thank you” that helps further offset the annual fee.

Should you get this card?

The Capital One Venture X Business Credit Card is perfect for small to medium-sized business owners who travel regularly and can carry at least $30,000 to ensure they meet the welcome offer requirements.

Overall, I think the Capital One Venture X Business is one of the best value premium business cards out there right now. It’s not as benefit-packed or flashy as The Business Platinum Card® from American Express or Chase Sapphire Reserve for Business?, but it’s easy to use, has a low annual fee, gets you lounge access, and has an easy-to-understand earning structure.

This is one of the cards I use most often for my business. I highly recommend getting it.

Stop paying full price for travel!

Download my free guide to points and miles and learn how to use points and miles for free travel! This is how all professionals travel so much! In this guide, I will show you:

• How to choose a credit card
• How to earn up to 10x miles on your spend
• How to redeem your points
• And a ton of other money saving tips!