Capital One Venture X Rewards Credit Card Review

Premium travel credit cards are incredibly popular thanks to their generous benefits and lucrative sign-up bonuses. However, their annual fees are often high, which can be a tough pill for some to swallow. The card_name stands out as a worthy alternative to high-annual-fee premium travel cards.For instance, one of the card_names main competitors, the card_name, has an annual fee of annual_fees (Rates & Fees). Then there is the card_name, which increased its annual fee from $450 to annual_fees in 2020. If you’re looking for a cheaper option that still has excellent benefits, the card_name is worth a look. Its annual fee is a more affordable annual_fees.

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In addition, the card_name has a relatively simple rewards structure that makes miles easy to accrue and use. Plus, its extra benefits and perks can pay for its annual fee all on their own. All in all, the card is a worthy alternative and a welcome addition to the premium travel card space.

TIME's Take

The card_name is an outstanding credit card and is now a worthy contender with the likes of card_name and card_name. It manages all this in a slimmed-down package with a lower annual fee to match. For those who want premium perks without a premium price tag, this card is worth a look.

Who is the card for?

The card_name is for customers who want a premium travel card but aren’t happy with the downsides of its competitors. Of those, the biggest downside is arguably high annual fees. The Venture X comes in lower than the alternatives here with an annual fee of annual_fees.

The card_name is also for those who want a premium travel card that is easy to use. Competitors like the card_name have numerous perks, but they can be difficult to keep track of. And the user needs to take advantage of some of those perks to offset the card_name's annual fee (Rates & Fees). Meanwhile, the card_name makes it relatively easy to offset its annual fee.

For instance, you can receive up to $300 in travel credits each year toward travel booked through Capital One Travel. You also receive 10,000 bonus miles for every year. New cardholders bonus_miles_full.

Rewards structure

Compared to the alternatives, the card_name has a simple rewards structure:

The 2X miles you earn on all purchases alone make the card_name a great card for everyday spending. As the table shows, you can also earn much higher miles rates on flights, hotels, and rental cars. However, the higher earnings rate only applies if you book through Capital One Travel.

Capital One has some unique ways to redeem miles. One option is to get reimbursed for travel. With this option, you use rewards miles you have already earned to get reimbursed for travel purchases. Another option is to use miles at a value of one cent per mile to book travel through Capital One.

Another possibility is to transfer miles from Capital One to one of its transfer partners. Most have a 1:1 transfer ratio, though there are a few exceptions:

• Aeromexico (1:1 ratio)
• Air Canada (1:1 ratio)
• Air France-KLM (1:1 ratio)
• ALL - Accor Live Limitless (2:1 ratio)
• Asia Miles (1:1 ratio)
• Avianca (1:1 ratio)
• British Airways (1:1 ratio)
• Choice Privileges (1:1 ratio)
• Emirates Airways (1:1 ratio)
• Etihad (1:1 ratio)
• EVA Air (2:1.5 ratio)
• Finnair (1:1 ratio)
• Qantas (1:1 ratio)
• Singapore Airlines (1:1 ratio)
• TAP Miles & Go (1:1 ratio).
• Turkish Airlines (1:1 ratio)
• Virgin Red (1:1.3 ratio)
• Wyndham Rewards (1:1 ratio)

Capital One lets you redeem miles in a few other ways, like for gift cards for Amazon, Walmart, etc. However, these redemptions are often worth less than one cent per mile.

The fine print

Interest Rates

• Regular APR: reg_apr,reg_apr_type
• Purchase Intro APR: intro_apr_rate,intro_apr_duration
• Balance Transfer Intro APR: balance_transfer_intro_apr,balance_transfer_intro_duration

Fees

• Annual Fee: annual_fees
• Balance Transfer Fee: balance_transfer_fees
• Cash Advance: cash_advance_fee

Additional hidden perks

The Venture X includes several perks that allow you to get the most out of the card. Here are the best hidden perks it offers:

• Annual travel credit: Up to $300 in annual travel credits on travel booked through Capital One Travel
• Anniversary bonus miles: 10,000 bonus miles each anniversary of your account opening ($100 value)
• TSA PreCheck/Global Entry Credit: Up to $120 credit toward TSA PreCheck or Global Entry after paying the application fee
• Priority Pass: Gain access to over 1,300 restaurants and lounges worldwide with a free Priority Pass membership.
• Cell phone protection: When you pay your cell phone bill with the card, you can get a maximum of two claims and $1,600 per 12-month period. A $50 deductible applies per occurrence. Certain terms, conditions and exclusions apply.
• Extended warranty: Eligible purchases made with the card will receive an extended manufacturer warranty.
• Return protection: Purchases that are not eligible for return may be eligible for return protection.
• Trip cancellation/interruption: The Venture X includes cancellation and interruption coverage, which lets you change dates as needed for qualifying events.

Card Alternatives

The card_name is excellent overall, but there are a few alternatives that are also worth considering. Some have better redemptions than the card_name in some cases or may offer things the card_name doesn’t.

card_name vs. card_name

The card_name and the card_name earn similar rewards rates on spending. They each earn 10X points on flights and 5X points on hotels and rental cars when booked through their respective travel portals. The card_name has higher earning rates in some areas, such as 3X points on dining and takeout and 3X points on drugstore purchases.

However, the card_name earns 1X points on all non-bonus category spending. The card_name is better here, as it earns 2X points on all purchases not booked through Capital One Travel. The card_name does have some other advantages, such as a better network of transfer partners within the U.S. However, the card_name's higher annual_fees will make it a tough sell for some when compared to the card_name’s annual_fees fee.

card_name vs. card_name

With its annual_fees annual fee (Rates & Fees), one would hope that card_name offers a ton of value. While that is true for the most part, taking full advantage of the card’s benefits hinges on a complicated set of benefits. There are a slew of statement credits that can be hard to keep track of and which may not be valuable for all cardholders. Compare that to the card_name, which allows you to offset its entire annual with its $300 credit and 10,000-mile bonus.

But that is not to say that the card_name doesn’t have a lot to offer. Access to American Express Centurion Lounges and Delta Sky Club means you may have a lot of options to fly in style with the card_name. Capital One has begun building out a lounge network of its own, but so far, it only includes three lounges.

card_name vs. card_name

Those who like what card_name has to offer but want a cheaper option can also consider the card_name. With the card_name, you still earn unlimited 2X miles on all purchases. Plus, you earn 5X miles on hotels and rental cars booked through Capital One Travel. Like the card_name, you bonus_miles_full.

One thing that is noticeably missing is the 10X points that the card_name earns on flights booked through Capital One Travel. However, you can transfer points to the same transfer partners with the same ratios. If you don’t want to pay the card_name’s annual fee and you don’t fly often, the card_name could be a great alternative.

Lots of benefits and simpler rewards

The card_name is a premium travel credit card that offers a ton of benefits, including a $300 travel credit and a 10,000-mile anniversary bonus each year. It earns 10X miles on flights and 5X miles on hotels and rental cars booked through Capital One Travel. All other purchases earn 2X miles.

It’s also packed with extra perks, like a TSA Precheck/Global Entry credit, and a Priority Pass membership. The downside is Capital One’s transfer partners aren’t the best domestically, and Capital One only has three lounges in its network so far. Still, this card offers a lot despite having a lower annual fee than its competitors.

For rates and fees of the card_name, please visit this URL.

Frequently asked questions (FAQs)

Is the Venture X hard to get?

The card_name generally requires excellent credit to qualify.

What is the minimum credit score to apply for the Venture X?

There is no definite credit score needed to apply for the card_name, as card issuers use several factors to assess creditworthiness. But in general, the higher your credit score, the better.

Does it do a hard pull when you apply?

Yes, there will be a hard pull of your credit score when you apply for the card_name.

How much is 7,500 miles on the card worth with the card_name?

Miles values can vary with the card_name depending on how you redeem. However, points are most often worth one cent per mile with this card. Thus, 7,500 miles would be worth $75.

What is the max credit limit with the card_name?

Credit limits will vary from cardholder to cardholder. However, some cardholders have reported limits as high as $75,000 with this card.

How long does it take to redeem rewards from the card?

How long it takes depends on the redemption. However, some methods, such as travel reimbursement, usually go through within a few minutes.

What is the best Capital One card?

The best Capital One card depends on several factors, such as your spending habits and whether you can afford to pay an annual fee. However, some of the best Capital One credit cards are the card_name, the card_name, and the card_name.