Limited Time Offer For Big Spenders: Earn Up To 300,000 Miles Plus $1,300 Travel Credit, Lounge Access, And Much More From The Capital One Venture X Business Card!
Signup bonus:
Capital One’s ultra-premium card, the Capital One Venture X Business Card, is offering up to 300,000 bonus miles:
- Earn 150,000 bonus miles after spending $40,000 in the first 4 months. As you earn at least 2 miles per dollar spent, that’s a total of 230,000 miles after spending $40,000.
- Earn another 150,000 bonus miles plus a $1,000 travel credit after spending another $80,000 in the first 4 months. As you earn at least 2 miles per dollar spent, that’s a total of 540,000 miles and a $1,000 travel credit after spending $120,000.
The $1,000 travel credit will be applied to your account within two billing cycles and will expire 16 months after account opening. It can be used together with the card’s $300 annual travel credit. The credit will be available within Capital One Business Travel and can be applied to purchases at checkout for all travel, including flights, hotels, car rentals, vacation rentals, etc. The credit may be used in whole for a single purchase or in part over multiple purchases. If the purchase using the credit is canceled, the credit will be restored if it is not expired.
It’s worth noting that Capital One has an excellent price match guarantee for flights, hotels, or car rentals within 24 hours of booking. You can even match online travel agencies which offer little to no customer support, making this a great way to lockin lower pricing. You will get a credit for the price difference, and best of all, the credit doesn’t expire!
Note that Capital One Spark Cash Plus cardholders are unable to apply for Venture X Business. However, existing cardholders of other Spark cards like the Capital One Spark Cash Card are eligible to apply. If you do close your Spark Cash Plus card, you will become eligible for the Venture X Business Card.
Don’t have that kind of spending? The consumer Capital One Venture X Rewards Credit Card offers 75,000 bonus miles for opening the card and spending $4,000 in 3 months. As you earn at least 2 miles per dollar spent, that’s a total of 83,000 miles after spending $4,000. Read more here.
The consumer and business Venture X cards are very similar, however there are some key differences as described below.
Annual fee:
$395
The best part about this card’s annual fee is that you automatically get a $300 travel credit via the Capital One Portal and 10,000 miles every year! After those savings, you more than pay off the annual fee, with a profit!
Credit reporting:
Unlike most other Capital One cards besides the Spark Cash Plus and Venture Business Card, this card does not report spending on your personal credit report, so a high utilization rate of your credit line will not hurt your credit score.
It also means that it won’t hurt your Chase 5/24 count.
Charge Card with no preset spend limit:
This is a charge card with no preset spend limit. It is a pay in full card with no APR as your balance is due in full monthly.
It can be easier to make big purchases with this card than with traditional credit cards that have a hard credit limit.
Annual travel credit:
Receive a $300 annual travel credit every cardmembership year for all travel booked through the Capital One Travel portal, where you can book flights, hotels, and car rentals. Those credits can be applied multiple times until you spend $300.
If you maximize this credit, this card’s effective annual fee is just $95.
Anniversary bonus:
Cardholders will get an anniversary bonus of 10,000 miles every year that they have the card. Those miles are worth $100 towards travel or gift cards, but they can also be transferred into 10K airline miles where they can be much more valuable. At a value of 1.5 cents per airline mile, that’s like another $150 back every card anniversary.
Between the $300 annual travel credit and the 10,000 mile anniversary bonus, the annual rewards are worth more than the card’s annual fee!
¿Por Qué No Los Dos? (Yes, You Can Get Both)
As this card is easily profitable to open for the signup bonus and then keep open for the annual card anniversary bonuses, it’s a no brainer to open a Venture X Business Card in addition to a Venture X Card.
I have the Venture X and got approved for the Venture X Business as well!
It showed up immediately in my account as well after clicking on online setup:
Global Entry/Pre-Check Fee Refund:
It costs $78 to apply for a 5 year TSA Pre-Check membership which makes flying pleasant again. Shorter lines, no need to remove your shoes, belt, jacket, or hat. You can keep your laptop and small liquids inside your carry-on. And you go through a good old fashioned metal detector instead of assuming the position in the body scanner. If you charge it on your card the fee will be refunded.
It costs $120 to apply for a 5 year Global Entry membership which lets you bypass the customs line. If you have Global Entry you also get TSA Pre-Check for free.
If you charge it on your card the fee will be refunded. You can get refunded for this charge once every 4 years.
You can read more about the differences in this post.
My whole family has Global Entry and it sure makes traveling a whole lot easier! If you have Global Entry, you can get it free for your kids under 18!
Capital One Lounge and Capital One Landing Access:
Capital One currently operates excellent lounges in JFK’s Terminal 4 on Level 3 in the Retail Hall near the B Gates, in Dallas/DFW’s Terminal D, in Denver’s Concourse A, Las Vegas‘ Concourse D on level 2, near gate D50, and in Washington/IAD just beyond the airport’s PreCheck, between the East and West Security Checkpoints. A new lounge is expected to open in Charlotte‘s Concourse A in 2027.
Capital One Landings, which offer premium dining and drinks, are now open in LaGuardia and Washington Reagan/DCA.
In the JFK lounge, you can use the QR code in this post to order fresh kosher food!
I loved being able to shower, use the prayer and relaxation rooms, try out the Peloton, and enjoy free snacks, premium beer, and cocktails while connecting in DFW.
Lounges feature grab and go food with to-go bags for your flight, fully stocked bars with local beers and craft cocktails, coffee bars, work zones, exercise rooms with Peloton bikes and yoga mats, nursing rooms, kids rooms, soundproof relaxation rooms, luggage lockers, multi-faith prayer rooms, and shower suites!
Venture X Business cardholders get unlimited free lounge entry. You need to have a departing or connecting flight within 3 hours to use the lounge.
If you spend $75K per calendar year, you will unlock 2 free guests at Capital One Lounges and 1 free guest at Capital One Landings. The free guesting lasts for the remainder of the calendar year, plus the following calendar year, and expires on 1/31 of the 3rd calendar year. Alternatively, you can pay $45 per guest per lounge visit for adults, or $25 for guests between 2-17 years old. Kids under 2 are free.
Additional cardholders can pay an annual $125 lounge access fee to have access to Capital One Lounges, Priority Pass lounges, and Capital One Landings. If the account has spent $75K per calendar year, additional cardholders will also have guesting privileges.
Priority Pass Membership:
Venture X Business cardholders get a complimentary Priority Pass lounge membership. Priority Pass lounge membership allows you to bring 2 guests with you into over 1,300 airport lounges.
You can enroll here.
Notably, this is more generous than the Venture X, which will no longer offer free guests at Priority Pass lounges.
Additional cardholders can pay an annual $125 lounge access fee and also get Priority Pass lounge membership with 2 free guests.
Card earnings:
- 2 miles per dollar everywhere.
- 5 miles per dollar on flights booked via Capital One Travel, plus get a refund if Hopper by Capital One Travel says to buy a flight and the price goes down within 10 days. Cardholders can also freeze the price of select flights for up to 14 days!
- 10 miles per dollar on hotels and rental cars booked via Capital One Travel.
- There are no foreign transaction fees.
Spend Threshold:
You can pay your federal taxes for a 1.85% fee. If you overpay your taxes, you can request a refund or apply it to your next year’s taxes.
My local natural gas company allows me to prepay up to $1,000 on a credit card for a $1.65 flat fee. That’s a great way to earn miles and help meet a spend threshold. My electricity supplier allows me to pay with a credit card for free as long as I am enrolled in autopay.
Excellent MLB Redemptions
Capital One cardholders have access to exclusive tickets to special events such as All-Star Week, the MLB Postseason, and the World Series presented by Capital One.
Plus, you can redeem just 5,000 miles (or $40 cash back) for ultra-premium MLB seats in every ballpark, for every game. There are 4 tickets available for every game at that rate. The best time to buy is when each month’s games go live, which are posted here.
I have gone to games with amazing seats in NYC, DC, LA, Anaheim, Cincinnati, Cleveland, Dallas, Denver, Detroit, Houston, Miami, Philadelphia, Pittsburgh, S. Diego, S. Louis, Sacramento, San Diego, San Francisco, Seattle, Tampa, and during my 30 ballpark tour using my Capital One miles at an excellent value!
Getting $200 seats for 5,000 miles is a great deal!
Premier collection hotel access
Venture X Cardholders have access to The Premier Collection of hotels.
Those hotels will qualify for the card’s $300 travel credit and 10x points per dollar, plus you’ll get a $100 experience during your stay, breakfast for 2, free WiFi, upgrades, early check-in, late checkout, and you will earn standard elite credit, elite benefits, and hotel points.
Flight booking perks
Cardholders get access to airfare perks like the ability to get free price drop credits, get alerted about price drops, and the ability to pay a nominal fee to freeze airfare prices or get a refund on airfare for any reason.
It’s worth noting that Capital One has an excellent price match guarantee for flights, hotels, or car rentals within 24 hours of booking. You can even match online travel agencies that offer little to no customer support, making this a great way to lock in lower pricing. You will get a credit for the price difference, and best of all, the credit doesn’t expire!
Discounted travel offers are also available for Venture X cardholders.
Excellent card benefits:
This will be a World Elite Mastercard with benefits like:
Primary and additional cardholders get benefits like:
- Primary rental car CDW insurance, for rentals primarily for business purposes
- Cell phone insurance, up to $800 per claim if monthly bill is charged to card. $50 deductible applies.
- Price protection, up to $500 per item for price drops within 60 days, up to $2,500 per year.
- Delayed baggage coverage for bags delayed over 4 hours, up to $100 per day for 3 days.
- Rideshare protection for items lost in a rideshare car up to $750 per ride.
- Trip cancellation and interruption insurance, up to $1,500 per trip.
- Extended warranty of 1 extra year, up to $10,000 per item.
- Lost or damaged luggage insurance, up to $1,500.
- Travel medical services coverage, up to $2,500 per person.
- Travel Accident Insurance, up to $1,000,000 per person.
- Purchase protection for items damaged or stolen within 90 days, up to $10,000 per item.
Business vs Consumer card:
The Capital One Venture X Business card, the Spark Cash Plus, and the Venture Business Card don’t appear on your credit report. That’s good for several reasons.
First of all they won’t count against your 5/24 count for opening new Chase cards. Only cards on your report that have been opened within the past 24 months count for that.
Second, when you spend money on personal cards your credit score will be hurt even if you pay your bill on time. A whopping 30% of your credit score is based on credit utilization. You can pay off your card bill before your statement is generated to avoid that, but that takes effort and laying out money well before you have to. Additionally, it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On this card it’s just not reported, so you can wait until the money is due without it having a negative effect on your score.
Third, if you close a business card it won’t ever have an effect on your score.
You may already have a business that needs a card to keep track of expenses. For example if your name is Joe Smith and you sell items online, or if you have any other side business and want a credit card to better keep track of business expenditures you can open a business credit card for “Joe Smith” as the business. You don’t need to file any messy government paperwork to be allowed to do that.
Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field
Use points for paid travel reimbursement:
You can redeem your points to pay yourself back for any travel related expenses (airfare, hotels, car rentals, cruises, ride sharing, etc) or book new travel at a value of 1 cent per point. There’s no need to book via any portal, just pay yourself back for part or all of a purchase!
300,000 miles would reimburse $3,000 in free travel!
Airline and hotel transfer partners:
You can transfer points from Capital One into these programs at the following ratios:
- Aer Lingus (1:1 via BA, No alliance)
- Aeromexico (1:1, SkyTeam)
- Air Canada Aeroplan (1:1, Star Alliance)
- Air France/KLM Flying Blue (1:1, SkyTeam)
- Avianca LifeMiles (1:1, Star Alliance)
- British Airways Avios (1:1, OneWorld)
- Cathay Pacific Asia Miles (1:1, OneWorld)
- EVA (1:0.75, Star Alliance)
- Etihad (1:1, No alliance)
- Emirates (1K:750, No alliance)
- Finnair (1:1, OneWorld)
- Iberia (1:1 via BA, OneWorld)
- JAL (1:0.75, No alliance)
- JetBlue (1:0.6, No alliance)
- Qantas (1:1, OneWorld)
- Qatar (1:1, OneWorld)
- Singapore (1:1, Star Alliance)
- TAP Air Portugal (1:1, Star Alliance)
- Turkish Airlines (1:1, Star Alliance)
- Virgin Red/Virgin Atlantic (1:1, SkyTeam)
- Accor Hotels (1:0.5)
- Choice Hotels (1:1)
- Hilton Hotels (1:1.5 via Virgin)
- Preferred Hotels & Resorts – I Prefer (1:2)
- Wyndham Hotels (1:1)
You can also combine miles between Capital One miles cards, transfer cash back into miles, and you can transfer miles to any Capital One cardholder!
A nice perk is that after the 1,000 mile minimum transfer, you only need to transfer points in increments of 100, meaning you have fewer leftover points compared to other bank transfers.
- Air Canada awards start at just 6K miles, making for excellent bargains!
- Avianca Lifemiles awards start at just 6.5K miles. Or save up for the 194K miles you’ll need for a round-trip flight in First Class from the US to Tel Aviv on Lufthansa with access to their amazing first class terminal during your connection with a Porsche transfer to your plane.
- Turkish Airlines has a generous domestic award chart, with domestic travel on United, including Alaska and Hawaii, costing just 10K miles in coach or 15K miles in business class!
- 7.5K Virgin Atlantic miles is enough for a Delta short-haul flight. Fly to London from just 6K points. Use points to fly on El Al, or book bargains on ANA (From 52.5K points in business or 72.5K in first class), ITA (75K business class awards to Italy), and Air New Zealand (62.5K points business class US-New Zealand).
- Flying Blue has award flights to Israel for 30K miles for adults or 22.5K miles for kids or domestic awards on Delta from just 4K miles each way!
- JAL has incredible bargains on OneWorld or round-the-world travel.
- Qatar Avios can book short-haul JetBlue flights for 8.5K Avios, short-haul AA flights for 9.5K Avios, transatlantic JetBlue for 25K Avios, and transatlantic JetBlue Mint business class for 78K Avios.
- With 90K Cathay Pacific Asia Miles you can book a round-trip business class award between North America and Europe. Plus, save big on BA fuel surcharges.
- With Qantas you can fly one-way on El Al between NYC and Tel Aviv for 43.5K points in coach, 85K points in premium economy, or 108K points in business class.
- 7.5K British Airways Avios are enough for short-haul flights worldwide.
- 120K Aeroplan miles is enough for a round-trip business class award between North America and 2 European cities.
- With Singapore miles you can book highly rated premium cabin award bargains or suites on Singapore flights that are blocked with partner miles.
- With 102K Emirates miles you can fly in A380 Shower Class from JFK to Milan.
- With 163.5K Emirates miles you can fly in A380 Shower Class from JFK to Dubai.
- And endless other possibilities!
Dan’s Quick Thoughts:
This card is a no-brainer thanks to the annual credits that more than cover the annual fee and a massive signup bonus, if you can swing the spending.
Assuming you take advantage of those annual credits, there is essentially no cost for all of the card’s valuable benefits, like Capital One lounge access, Priority Pass lounge access, Hertz elite status, high end protections, and more.
With the ability to reimburse yourself for any travel purchase and the option to transfer miles to airlines, spending on the card is valuable and doesn’t require jumping through hoops with multiple cards as with other banks.
Plus, with the business version of this card, you’ll get free guesting at Priority Pass lounges, plus spending won’t be reported on your personal credit report and the card won’t count against your 5/24 count.
The signup bonus is just gravy on top of those benefits!
Will you signup for the Capital One Venture X Business Card?
