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Capital One® Venture X® Credit Card Review 2024

Fly high with the 2023 Capital One® Venture X® Credit Card—a worthy flier's co-pilot.
Derek Sall
Author: 
Derek Sall
Kacper Kozicki
Editor: 
Kacper Kozicki
Lauren Bedford
Fact Checker: 
Lauren Bedford
14 mins
November 29th, 2023
Advertiser Disclosure
Capital One Venture X Rewards Credit Card8.4Visitcapitalone.com
19.99% - 29.99% (Variable)
19.99% - 29.99% (Variable)
Earn 75,000 bonus miles
Excellent (750–850)

The Capital One® Venture X® is an unsecured travel rewards credit card that offers an introductory offer of 75,000 bonus miles (equal to $750) and earns you rewards on all purchases, with upward of 10x mileage on certain items.

But is it the right travel card for your needs?

Let’s dive deeper—

Capital One® Venture X® at a Glance

Type: Travel rewards card

Annual fee: $395

Maintenance fee: None

Credit score: Very Good / Excellent (720+)

Cash back: Up to $300 back annually for bookings through Capital One Travel, 10,000 bonus miles every year starting on your 1st anniversary, unlimited 10x miles on hotels and rental cars booked through Capital One Travel, 5x miles on flights booked through Capital One Travel, and unlimited 2x miles during other purchases.

Intro offer: 75,000 bonus miles when you spend $4,000 on purchases within the first 3 months of opening your account (which equals to $750 in travel).

Benefits: Travel rewards, free authorized users, 10,000-mile anniversary bonus, unlimited access to Capital One Lounges, primary rental car insurance, cell phone insurance protection.

Capital One® Venture X® Credit Card—How Does It Work?

The Capital One Venture X Rewards Credit Card is a decent mid-tier travel card.

It’s not regarded as a premium or specialized card, despite the fact that it offers numerous benefits for regular travelers.

This is because it charges a relatively low $395 annual cost (in comparison to other travel cards).

It’s a neat compromise for consistent travelers who want more advantages without having to pay annual fees of $500 or more.

The Venture X card might be the best option for you if you’re interested in ongoing value and useful travel benefits but don’t want to manage multiple travel cards.

But if your credit score is under 720—or you aren’t a fan of annual fees—this might not be the greatest choice for you.

Discover More: Capital One Venture X Business Card Review

Capital One® Venture X® Review: Overall Card Rating

APR

19.99% - 29.99% (Variable)

Annual fee

$395

Rewards

Earn unlimited 2x miles per dollar on every purchase

Earn unlimited 5x miles on flights booked through Capital One Travel

Earn unlimited 5 miles per dollar on hotels and rental cars booked through Capital One Travel

Intro offer

Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening

Overall credit card rating

4.2/5

Learn more

Capital One® Venture X® Review

41% of Americans currently hold a credit card with travel benefits.

But 14% of people use their points or miles for any upcoming journey, regardless of price or value.

This is why it’s important to choose a travel card that offers easy to use benefits, like the Capital One® Venture X®.

However, there are a few things to remember before you apply for this card—

Capital One® Venture X®—What we like

  • 75,000 ($750) bonus miles
  • Capital One Lounges
  • Travel Insurance
  • Hotel/Airbnb Credit

Capital One® Lounges

What’s cooler than being cool? Access to over 1,300 worldwide airport lounges.

With your Venture X®, you get free Priority Pass Select membership plus the brand-new Capital One Lounge with two free guest passes per year.

Currently, the only one open is in Dallas/Fort Worth International Airport (DFW), but two more are on the way—in Denver, Colorado and at Dulles International Airport outside of Washington, D.Ci.

Travel Insurance

This card is amazing when it comes to making sure your travels are protected. You get trip interruption and cancellation insurance, travel accident insurance, trip delay reimbursement, lost luggage reimbursement, and auto rental collision damage waiver coverage.

Bummer alert: The Venture X® doesn't offer baggage delay insurance, but it’s no biggie since it still hooks you up with tons of other coverage for your travels.

Plus, you'll love the extras like return protection and smartphone protection, as well as standard shopping protection like extended warranties.

Venture X® Airbnb Credit

As a one time perk, the Venture X offers up to $200 back in statement credits for vacation rentals that you charge to your credit card in the first year.

This includes rentals from Airbnb, which means you can save $200 on rental bookings.

Introductory Offer

When you make $4,000 in purchases with the Capital One Venture X Rewards Credit Card within the first three months of opening your account, you’ll get 75,000 extra miles.

This is equal to $750 that you can spend on other travel expenses.

You can also receive 10,000 bonus miles (equal to $100) every single year, starting on your first anniversary.

Capital One® Venture X®—Things to keep in mind

Annual Fee

While the annual fee of $395 is less expensive than other travel credit cards similar to Capital One® Venture X®, it’s still more than what some cardholders are used to paying.

If you travel often and can take advantage of rewards, the fee can easily pay for itself. But if not, this may not be the best credit card for you.

Lack of decent transfer partners

If you’re the type to squeeze every penny out of rewards programs, the Venture X’s transfer partner list might interest you.

Keep in mind, though, that only a handful of airlines (none of them American) and a few hotels (Marriott, Hyatt, InterContinental) get in on the action—so unless you stick with just those, you might not get the most bang for your mileage transfers.

Excellent credit recommended for approval odds

As with other higher-end cards, Capital One assigns this card’s recommended credit level for acceptance as “Excellent”.

This means you’ll need at least a 720+ credit score for credit approval odds. Anything less than that and you might end up with a dreaded denial for your application.

Capital One® Venture X® Credit Card Fees

RATES & FEES

DETAILS

Annual fee

$395

Monthly maintenance fee

N/A

APR

19.99% - 29.99% (Variable)

APR for cash advances

29.99% (Variable)

Balance transfer fee

$0 at the Transfer APR, 3% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you

Cash advance fee

3% of the amount of the cash advance, but not less than $3

Foreign transaction fee

None

Late fee

Up to $40

Minimum interest charge

1% or $25 (whichever is greater) of your revolving balance, plus interest and fees

Returned payment fee

$25

Alternatives to the Capital One® Venture X® Credit Card

Capital One Venture X Rewards Credit Card

4.2

The Platinum Card® from American Express

3.8

Chase Sapphire Preferred® Card

4.2

Annual Fee

$395

Annual fee

$695

Annual Fee

$95

Rewards

2x–10x miles

Earn unlimited 2x miles per dollar on every purchase. Earn unlimited 5x miles on flights booked through Capital One Travel. Earn unlimited 5 miles per dollar on hotels and rental cars booked through Capital One Travel.

Rewards

1x–5x points

5x points on flights and prepaid hotels booked on AmexTravel.com. 1x points on all other purchases.

Rewards

1x–5x

Earn 5x total points on travel purchased through Chase Ultimate Rewards®. Earn 3x points on dining, including eligible delivery services, takeout and dining out, online grocery purchases, and select streaming services. Earn 2x on other travel purchases. Earn 1 point per dollar spent on all other purchases.

Intro offer

75,000 bonus miles

Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening

Intro offer

Earn 80,000 Membership Rewards® Points

Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership.

Intro Offer

Earn 60,000 bonus points

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.

Learn more

Learn more

Learn more

Based on our research, the two best alternatives for the Venture X® card are—

American Express Platinum Card®

CREDIT CARD

RATING

ANNUAL FEE

REWARDS RATE

INTRO OFFER

American Express Platinum Card® Card

4/5

2/5

5/5

5/5

Why we like it

The American Express Platinum Card is quite like the Capital One Venture X because it carries premium perks and similar reward rates.

The Membership Rewards points with the Amex Platinum are more versatile than the Venture X—but it does come with a heftier $695 annual fee to get all those deluxe benefits.

Some of the awesome extras you’ll get include statement credits for Walmart+, Equinox, SoulCycle, and even digital entertainment subscriptions.

Plus, as an introductory offer, you’ll score 80,000 miles (5,000 more than in Venture X’s offer). The APR rates are fairly similar, though.

  • $200 a year for hotel bookings, $200 a year for Uber, and $240 a year for digital entertainment from Peacock, Audible, SiriusXM, Disney+, The Disney Bundle, and/or The New York Times.
  • Access to over 1,300 airport lounges around the world.
  • Cell phone protection, fee credit for TSA Precheck or Global Entry, and 24-hour access to concierge services by phone.

Chase Sapphire Preferred® Card

CREDIT CARD

RATING

ANNUAL FEE

REWARDS RATE

INTRO OFFER

Chase Sapphire Preferred® Card

4.2/5

4/5

5/5

5/5

Why we like it

When it comes to travel credit cards, the Chase Sapphire Preferred® Card is one of the best options.

It provides both points and miles for reward-maximizing experts and novices alike.

It only has a $95 annual fee and offers: five points for every dollar spent on travel booked through Chase Ultimate Rewards®, three points for every dollar spent on dining, select streaming services, and online grocery shopping, two points for every dollar spent on other travel, and one point for every dollar spent on everything else.

However, it does have a fairly high APR rate which starts at 20.74%—and it doesn’t have an introductory offer like the other two cards.

  • Transfer points to travel partners at 1:1 rate.
  • Earn high rewards on several areas of spending.
  • $95 annual fee.

Is Capital One® Venture X® Good for Me?

Among all premium credit cards, the Capital One Venture X card has the lowest annual cost and a ton of fantastic benefits—including many bonus categories and great introductory offers.

It’s ideal for frequent travelers who have the budget for a premium credit card and can benefit from all the upscale travel perks the card provides.

The annual fee may be a turn off for people who prefer not to spend a few hundred bucks each year—and the benefits might escape you if you don’t travel often.

In cases like this, a cash back card may be ideal.

We’d say that this card is one of the best options for those with great credit and who love to travel.

If your credit is fair, or if you’re looking for different types of rewards, it may be worth exploring other cards.

Read More:

FAQ

Is the Venture X card metal?
How to upgrade Venture to Venture X card?
What is the Capital One® Airbnb credit?
How do you get a Capital One® Venture X® authorized user added?
Is Capital One® a Visa or Mastercard?
How do Capital One® miles work?
What is the difference between Capital One® Venture vs. Capital One® Venture X cards?
How to use your Capital One® Venture with transfer partners and miles?

Sources

See all

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Contributors

Derek Sall
Derek has a Bachelor's degree in Finance and a Master's in Business. As a finance manager in the corporate world, he regularly identified and solved problems at the C-suite level. Today, Derek isn't interested in helping big companies. Instead, he's helping individuals win financially — one email, one article, one person at a time.
Kacper Kozicki
Kacper is an editor, writer, and multilingual translator with expertise in producing tailored content for global online brands.
Lauren Bedford
Fact Checker
Lauren Bedford
Lauren is a published content writer and journalist. In the last five years, she has written about a range of subjects, including business, technology, and finance. She was born in June 1994 in the UK, but relocated to Barcelona five years ago. Initially covering topics like business and technology, Lauren is now dedicated to her position as a personal finance journalist and is always keen to keep learning and evolve as a finance writer.
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