Capital One Venture X Benefits Guide

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The Capital One Venture X Rewards Credit Card is a premium travel card with a lower annual fee than its competitors. However, it doesn’t skimp on helpful travel-related benefits and card protections.

The card provides plenty of opportunities to easily earn rewards on travel and a solid flat rate on everyday spending. You’ll also have many flexible options to redeem your miles for a variety of travel needs, and the cost of the card is easy to offset.

Benefits at a glance

Here’s an overview of the benefits and rewards of the Capital One Venture X. Bankrate’s points and miles valuations give Capital One miles a value of around 1.7 cents each.

Rewards rate and welcome offer

• Welcome bonus:
  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel

• 10X miles on hotels and rental cars booked through Capital One Travel (17 percent value)
• 5X miles on flights and vacation rentals booked through Capital One Travel (8.5 percent value)
• 2X miles on all other purchases (3.4 percent value)

Capital One Venture X statement credits

Venture X’s credits and bonuses make it simple to justify the annual fee before spending anything. Here’s what you’ll get with the card.

*Using our valuation of 1.7 cents per mile

• Capital One Travel credit: Get an annual credit of $300 for bookings with Capital One Travel.
• Anniversary bonus miles: Get 10,000 bonus miles every year starting on your account anniversary date (worth at least $100 in travel).

Travel benefits and protections

The Venture X card has solid premium travel protections and benefits which are on the level of premium cards with much higher annual fees.

• Airport lounge access
  

  Capital One has improved its airport lounge access game to compete with the benefits other luxury travel cards offer. You’ll get unlimited, complimentary access to the Capital One Partner Lounge network, offering access to over 1,700 lounges internationally for you and two guests per visit. You can access:

  However, beginning February 1, 2026, primary cardholders and authorized users will no longer be able to bring complimentary guests into Capital One Lounges or Capital One Landings. Also, authorized users will no longer receive complimentary lounge access, but you can pay an annual fee of $125 per card to maintain access.

  If you spend $75,000 on your card in a calendar year, you’ll regain complimentary guesting privileges for the remainder of that year and the next year. Otherwise, guests will cost $45 per person ($25 if under age 17) for each visit.

• Hotel benefits
  

  You’ll have access to luxury hotels, resorts and vacation rentals from Capital One’s Premier Collection and Lifestyle Collection and get premium benefits on every booking, such as:

  • $100 experience credit (Premier Collection) or $50 experience credit (Lifestyle Collection) to use during your stay
  • Daily breakfast for two (Premier Collection)
  • Room upgrade (when available)
  • Early check-in and late checkout
  • Complimentary Wi-Fi

• Travel protections
  

  The Capital One Venture X also comes with valuable travel insurance benefits thanks to its Visa Infinite status. While it doesn’t quite match the top premium cards, coverage is still fairly useful. Here’s what the card provides.

  Trip cancellation/interruption insurance

  With trip cancellation and interruption insurance, you’ll get reimbursed for up to $2,000 per insured traveler for any nonrefundable Common Carrier tickets, as well as a $1,000 additional travel accident benefit. Coverage begins on the initial deposit or booking date and ends at the point and time of departure on your scheduled departure date.

  Trip delay reimbursement

  Receive up to $500 per ticket in lodging and food reimbursements if your travel is delayed more than six hours or to the extent that it requires an overnight stay.

  Lost luggage reimbursement

  Checked and carry-on baggage each have a maximum benefit of $3,000 per covered trip ($2,000 for New York residents).

  Primary auto rental collision damage waiver

  You’ll get primary auto rental coverage for theft or damage (up to $75,000 per rental agreement) when you pay for an eligible rental car with your card and decline the collision damage waiver at the rental company counter. Rental periods up to 15 days in your country of residence and 31 days outside of it are covered. Exclusions and restrictions apply.

  Travel accident insurance

  In the event you die or lose a limb, sight, speech or hearing in a travel accident (plane, bus, cruise or train), you or your beneficiaries will be entitled to up to $1 million in insurance benefits.

• Additional benefits
  

  Your Venture X also provides the following travel and lifestyle benefits:

  • Capital One Dining: Exclusive restaurant reservations and access to culinary experiences.
  • Capital One Entertainment: Exclusive presale access to a variety of cultural experiences, plus earn 5X miles on purchases through 12/31/25.
  • Hertz President’s Circle® Status: Get expanded rental options, car upgrades, skip the rental counter and more. After upgrading your status, you can book directly through Capital One Travel to earn 10X miles.
  • Global Entry or TSA PreCheck® credit: Receive a statement credit of up to $120 once every four years for paying for a Global Entry or TSA PreCheck application with your card.
  • No foreign transaction fees.
  • Complimentary PRIOR subscription: Access extraordinary travel experiences, destination guides and more to help inform your travel decisions ($149 value).
  • Discounted membership to The Cultivist: Access over 60 of the world’s best museums with a 50 percent discount for the Enthusiast membership to The Cultivist for up to 2 years.

Shopping protections and benefits

The Venture X offers additional shopping protections and benefits to protect your purchases. Keep in mind you’ll need to charge your purchase to your card for the benefits to apply.

• Cellphone protection
  

  You’ll get cellphone protection when you pay your cellphone bill with your Venture X card. If your phone is damaged or stolen, you can be reimbursed up to $800 per claim (maximum of two claims per 12-month period). Terms and a $50 deductible apply.

• Purchase protection
  

  Receive reimbursement for up to $10,000 per claim (maximum of $50,000 per year) for stolen or damaged new purchases within 90 days of purchase.

• Return protection
  

  Get reimbursed for up to $300 per item that a retailer won’t accept a return on within 90 days of your purchase, up to a maximum of $1,000 per year.

• Extended warranty
  

  Get an additional one-year extension of a manufacturer’s warranty of three years or less. Coverage is limited to the original purchase price, less shipping and handling fees, with a $10,000 maximum per claim (maximum of $50,000 per account).

Maximizing your Venture X

Although you can offset the $395 annual fee easily, here are tips to maximize your Venture X’s value:

Earn the welcome bonus

The easiest way to quickly extract value from your new card is to make sure to earn the welcome bonus. With a minimum spending requirement of $4,000 in three months, you’ll need to average over $1,333 to stay on track. Once you’ve met the spending requirement, here are 7 ways to redeem the welcome bonus.

Use your card for purchases that don’t typically earn bonuses

The Venture X is a great catch-all card for any purchases that don’t fit nicely into a bonus category on another card. You’ll earn 2X miles on every purchase, which we value at around a 3.4 percent return. Not many cards offer a consistent return this high.

Because of this value and the strong redemption options, it’s my go-to card in these situations. Also, if you prefer a simplified approach to spending, you can feel comfortable knowing you’re getting a top return on all spending.

Use the travel portal

Capital One incentivizes you to use its travel portal with a $300 annual travel credit, so make sure you take advantage. It’s the easiest way to offset most of your annual fee. You can book flights, hotels and car rentals through the portal. 

Because I prefer booking flights and hotels directly to use elite status benefits, I often use my credit for car rentals or when I fly with an airline that doesn’t incentivize me for booking directly, like a domestic flight when I’m outside of the U.S.

Combine your miles

If you have multiple Capital One cards, you can easily combine your miles online. In the “Rewards & Benefits” tab, select “Combine rewards” and choose the account to merge your miles. You can also call the number on the back of your Capital One card and transfer miles to any other cardholder that can earn miles. 

There’s no limit or expiration on transfers: Just provide the name and card number of the person you want to transfer your miles to. This can be a convenient way to have a household work together to pool miles for a larger redemption.

Redeeming Capital One miles

Capital One miles don’t expire for the life of your account, nor do they have blackout dates. If you close your account, you will lose any rewards you haven’t redeemed. Capital One miles have many flexible uses, but the ideal redemption is for different types of travel. 

Transferring to airline and hotel partners

Capital One has 19 transfer partners that offer outstanding flexibility for using your miles. Transferring to partners is the most valuable redemption method but does require more work than just redeeming for statement credit to cover your travel purchases to ensure good value. Bankrate’s valuations give Capital One miles a value of around 1.7 cents each when used with the right travel partner. 

There’s a minimum of 1,000 miles required and miles transfer at a 1:1 ratio unless otherwise noted. Here are Capital One’s 16 airline partners, along with transfer ratios and times. 

Capital One also has three hotel partners, none of which are unique. While airline partners will generally offer better value, Choice Privileges has the best value of the three hotel options when compared to ratios offered by other issuers.

• Redeeming through Capital One Travel
  

  The Capital One Travel portal offers a third-party booking option with solid price protection features for booking flights, hotels, car rentals and premium stays. When you book through Capital One Travel, the Venture X gives you $300 in annual credit that you can use for any booking. You don’t need to apply the credit in a single transaction, and you can also combine miles you’ve earned alongside the credit on a redemption. You’ll get a value of 1 cent per mile when redeeming for travel portal bookings.

  While this isn’t the optimal use of miles compared to the value you can get with transfer partners, it’s a solid option to defray your costs even further when making bookings. On top of the redemption value, you’ll also still earn 5X to 10X miles depending on what form of travel you book.

• Redeeming for statement credits for travel purchases
  

  One of the redemption options unique to Capital One is the ability to redeem miles at a rate of 1 cent per mile as a statement credit to cover eligible travel purchases made within the past 90 days.

  There are a few important pieces of information here: You don’t need enough points to cover the full amount of the purchase. And even if you don’t have the miles you need to cover the purchase when you make it, you can accumulate more miles during the 90-day period after the purchase to help you reduce the cost. This is optimally used for travel redemptions that you can’t cover in a different way.

  My favorite way to use this feature is for train tickets or bookings at hotels that aren’t affiliated with a hotel brand.

• Other redemption options
  

  Venture X provides additional redemption options, none of which are worth more than 0.8 cents per mile. Your goal should be to always get a minimum of one cent in value per point  on your redemption, making these options less than ideal. Here’s the value of the other redemption options available:

  • Gift cards: typically 0.8 cents per mile, promotions available periodically for specific merchants
  • Pay with points: 0.8 cents per point at Amazon and PayPal
  • Experiences: 0.8 cents per mile
  • Statement credit/mailed check: 0.5 cents per mile

Expert opinions on the Venture X

Since its release, the Venture X has garnered lots of acclaim as one of the best options for a premium card at a reasonable price. Our experts agree: Here’s what they have to say about it.

How we rank the Venture X

The Venture X is one of the highest-ranked cards on many of our “Best of” lists and is a Bankrate Awards winner as our best card for jet-setters. Here’s where our experts think the Venture X is a top choice:

The bottom line

While it doesn’t offer the comprehensive benefits as some other top travel cards, the Capital One Venture X Rewards has a lower annual fee and can easily pay for itself with travel credits and the anniversary rewards bonus. Add solid flat rate rewards and flexible redemption options and you have a top travel card that ranks consistently as one of the top cards on the market.