Travel And See Rewards with Capital One Venture X

If you’re in the market for a new travel card, you’ve probably been comparing miles and other perks that are offered by the major card companies for joining. The newest card from Capital One offers welcome bonuses, and some other great benefits that aren’t hard to qualify for and can really make opening a new credit card account worth it. 

75,000 Venture Miles are a fantastic welcome bonus given to fresh Venture X cards. Although the spending threshold is lower than the previous 100,000-mile offer, $4,000 in the first three months, it is still far more manageable.

The yearly cost is incredibly low when compared to other high-end items on the market. This card costs $395 annually, which is $155 less than the $550 annual fee for the Chase Sapphire Reserve and roughly half the $695 charge for American Express, rates & fees.

The Venture X credit card accrues rewards miles, or Venture miles, whichever you choose to call them, much like a number of other Capital One-branded credit cards. You will accrue miles at a rate of two miles for each $1 spent, just as you did with the Capital One Venture.

Additionally, Venture X offers increased mile earning in a number of travel-related areas, including:

• 10x miles on lodging and auto rentals made via Capital One Travel
• 5 times the miles when flying via Capital One Travel

Compared to other Capital One credit cards that offer mile rewards, the present 75,000-mile bonus is worth:

• With the Capital One Venture X Rewards Credit Card, you may earn 20,000 miles after spending $500 within three months of account opening. A yearly cost of 0.
• Use the Venture Rewards Card to get 75,000 extra miles once you spend $4,000 within three months of opening your account. $95.- each year.
• Spark Miles for Business: Once you expend $4,500 on purchases within three months of the account creation, you will receive a one-time bonus of 50,000 miles, which is equal to $500 in travel. First year’s annual charge is $0; subsequent years’ annual price is $95.
• Spark Cash Plus: Spend $30,000 during the first three months to receive a one-time money bonus of $1,200. A $150 yearly charge.

Other Card Advantages

This premium rewards card has a hefty list of bonuses, just like any excellent premium rewards cards. Although the card doesn’t offer any benefits that can’t be found anywhere else, they do have eligibility requirements that are fairly easy to meet, and the travel perks are enough to make it worth signing up. The Venture X card offers the following benefits:

• $300 yearly credit for reservations made via Capital One Travel for hotels, flights, rental cars, and more.
• Each anniversary year, 10,000 more miles
• Top Hertz President’s Circle membership
• Free access to Priority Pass lounges, unlimited lounge access, and a $100 TSA PreCheck / Global Entry credit

Who Ought to Purchase a Capital One Venture X?

Few aficionados of points and miles would not get anything from this card. The welcome package is excellent, and the charge is quite fair. In actuality, the $300 credit for traveling and anniversary miles much surpass the $395 yearly price.

The card also offers 2x points on all transactions and a 10x bonus in certain bonus areas. The best thing is that you can transfer those miles to a ton of amazing partners. There is no shortage of ways to spend your points and bonuses with this card. 

Capital Application Regulations 

One’s application guidelines are straightforward and quite lax. Although, be mindful of your credit score before you apply, as not everyone is eligible.  You must have at least a moderate score to be considered for travel reward cards. Even though they should theoretically be able to, some people discover that they are actually unable to obtain a card.

First of all, every six months, you are eligible for one new credit card. Both consumer and commercial credit cards fall under this. Furthermore, you can only have two of their branded credit cards in your possession at once.

The final thing you should know is the fact that the bank obtains a copy of your credit score (https://www.canada.ca/en/financial-consumer-agency/services/credit-reports-score/credit-report-score-basics.html) from each of the three bureaus. Depending on your credit situation, you can decide whether or not this is a huge concern. That frequent credit pulls are a significant turnoff for some folks. Others don’t care about it at all.

Final Reflections

Following all the program adjustments, the Venture X Rewards card’s current introductory offer may earn new cardholders a ton of points, which are now incredibly valuable. Earning 75,000 bonus miles with a $4,000 purchase is also a wonderful value. This credit card is a need when you factor in all the advantages and bonuses for only $395 a year.