Capital One Venture X: Luxury travel perks at a competitive price

Reviews Capital One Venture X: Luxury travel perks at a competitive price

Milesopedia recommends this card from Capital One

Capital One Venture X Rewards

75,000 Miles

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The Capital One Venture X is a premium travel rewards credit card that combines high-end benefits with a simple, straightforward earning structure. Launched in 2021, Capital One created this card to compete with more expensive options like The Platinum Card from American Express and the Chase Sapphire Reserve. It’s no surprise that it has quickly become a favorite among travelers with a competitive annual fee and generous perks that rival those of pricier cards.

As Capital One expands its airport lounge offerings, the Venture X card becomes an even more attractive option for frequent travelers with lounges in Dallas Fort Worth International Airport (DFW), Denver International Airport (DEN) and Washington’s Dulles International Airport (IAD). There’s also a Capital One Landing with tapas at Ronald Reagan Washington National Airport (DCA).

With the Venture X, you’ll enjoy complimentary, unlimited access to these lounges, along with over 1,300 additional partner lounges through Priority Pass.

I’ve been using the Capital One Venture X since its launch, and it’s the card I spend the most on. The annual travel credit alone makes it an incredibly rewarding option. I also appreciate the generous earning rates — whether I’m booking a flight or making everyday purchases, it consistently delivers exceptional value. This card strikes the perfect balance of luxury, flexibility and rewards.

Still on the fence? Here’s everything you need to know before applying.

Capital One Venture X welcome offer

Capital One Venture X Rewards

Elevate Your Travel at a Value: Capital One Venture X Rewards Credit Card

10X miles on hotels & rental cars booked through Capital One Travel
5X miles on flights & vacation rentals through Capital One Travel
2X miles on all other purchases
$395 annual fee, with up to $300 annual travel credit for portal bookings
10,000 anniversary bonus miles (worth $100) each year
Global Entry/TSA PreCheck credit up to $100 every four years
Unlimited lounge access at Capital One & Priority Pass lounges
No foreign transaction fees

Perfect for frequent explorers, this card’s robust benefits—from statement credits to lounge access—easily offset its annual fee. Book your next adventure, relax in premium lounges and enjoy seamless digital tools, all while earning unlimited rewards on every dollar spent.

Terms apply. See issuer’s website for rates, fees and complete details.

Capital One Venture X earning rates

As a cardholder, you earn:

10 miles per dollar on hotels and rental cars booked through Capital One Travel.
5 miles per dollar on flights booked through Capital One Travel.
2 miles per dollar on all other purchases.

Capital One Venture X benefits

The Capital One Venture X offers substantial value despite its $395 annual fee through several key benefits:

Key annual benefits

$300 annual travel credit for bookings through Capital One Travel.
10,000 bonus miles annually (worth $100 toward travel).
Complimentary airport lounge access for the cardholder and at least two guests.

Travel protections

Up to $120 Global Entry or TSA PreCheck credit.
Trip delay reimbursement up to $500 per person when your trip is delayed more than six hours.
Auto rental collision damage waiver.
Extended warranty protection.

Additional Perks

Free cell phone protection (up to $800 coverage).
No foreign transaction fees.
Access to luxury hotel collections.
Hertz President’s Circle status.
Up to four complimentary authorized users (each authorized user receives their own lounge membership and Hertz status, too).
90-day return protection.

Value breakdown

While the $395 annual fee might seem high, cardholders can easily recoup:

$300 travel credit.
10,000-anniversary miles.
Lounge access.
Travel and purchase protections.

Capital One miles

You can redeem Capital One miles for:

Travel bookings through Capital One Travel at 1 cent per mile.
Statement credits against travel purchases.
Transfers to airline and hotel partners (often a better value).
Gift cards (typically at a lower value).

Transferring Capital One miles and sweet spots

Capital One has 15 airline partners and three hotel partner programs. By strategically transferring your Capital One miles to airline and hotel partners, you can often greatly increase their value.

While Capital One doesn’t have any direct U.S. airline partners, you can still use your Capital One miles to book award flights on major U.S. carriers through their partner airlines. For example:

For American Airlines flights:

Transfer to British Airways Executive Club: Book short-haul AA flights starting at 12,000 Avios each way. For example, New York John F. Kennedy International Airport (JFK) to Miami International Airport (MIA) costs 16,000 Avios in economy and 32,000 Avios in business class.
Transfer to Etihad Guest: Book AA flights often at lower rates than using AAdvantage miles. For instance, Los Angeles International Airport (LAX) to Phoenix Sky Harbor International Airport (PHX) costs 6,000 Eithad miles in economy.

For United Airlines flights:

Transfer to Turkish Airlines Miles&Smiles: Book domestic United flights for just 7,500 miles each way in economy or 12,500 in business class. This is especially a great value on Hawaii flights when award space is available.
Transfer to Air Canada Aeroplan: Book United flights starting at 6,000 points for flights under 500 miles. Longer domestic flights cost 10,000 to 12,500 points in economy.

For Delta Air Lines flights:

Transfer to Air France-KLM Flying Blue: Book economy flights from Boston Logan International Airport (BOS) to London’s Heathrow Airport (LHR) for 23,000 miles. Delta flights from Newark Liberty International Airport (EWR) to Hartsfield-Jackson Atlanta International Airport cost 10,500 miles in economy and 28,000 miles in business class.
Transfer to Virgin Red: Economy class tickets between the East Coast and London start at just 10,000 miles.

In many of these cases, you get a better value than booking directly through the airlines’ own loyalty programs. Additionally, Capital One occasionally offers transfer bonuses to various partners, which can increase the value of your miles even further.

Here are some of our favorite ways to use Capital One miles by leveraging partner program sweet spots:

Air France-KLM Flying Blue for flights to Europe: Economy flights from the U.S. to Europe start at just 15,000 miles in economy, 35,000 miles in premium economy and 50,000 miles in business class.
Turkish Airlines Miles&Smiles for domestic U.S. flights: Book domestic flights for 7,500 miles in economy or 12,500 miles in business class.
Air Canada Aeroplan for Star Alliance flights: Book business class flights from San Francisco International Airport (SFO) to Singapore Changi Airport (SIN) for 87,500 points on Singapore Airlines. Flights on carriers like Austrian, Lufthansa, Swiss, United and Brussels Airlines cost either 60,000 or 70,000 points from the continental U.S. to Europe, and you can add a stopover for 5,000 points.
British Airways Avios for short-haul flights: Awards start at just 9,250 Avios in economy and 15,000 in business class for flights like London to Václav Havel Airport Prague (PRG). This can also be a good option on partner flights like Cathay Pacific from Hong Kong International Airport (HKG) to Taiwan Taoyuan International Airport (TPE) for 9,750, 14,300 and 20,800 Avios in economy, premium economy and business class respectively.
Virgin Red for flights to London: You can fly on saver tickets from JFK to London from 6,000, 10,500 and 29,000 Virgin points in economy, premium economy and business class respectively.

Comparable cards to the Capital One Venture X

The Chase Sapphire Reserve and The Platinum Card from American Express offer similar premium travel benefits but with higher annual fees. Check our reviews of the Chase Sapphire Reserve card and The Platinum Card.

The Capital One Venture and Chase Sapphire Preferred provide travel rewards with a lower annual fee. Check our reviews of the Capital One Venture and the Chase Sapphire Preferred card.

Chase Sapphire Reserve®

Experience Luxury Travel with the Chase Sapphire Reserve^® Credit Card

100,000 bonus points + $500 travel credit after $5,000 in purchases in the first 3 months
8X points on travel booked through Chase Travel℠; 4X points on direct airline and hotel bookings
3X points on dining and eligible delivery services; 1X point on all other purchases
$300 annual travel credit automatically applied to travel purchases
Complimentary lounge access with Priority Pass™ Select and Chase Sapphire Lounges for you +2 guests
Up to $300 in annual credits for dining at Exclusive Tables and stays with The Edit
$120 Global Entry/TSA PreCheck^® credit every four years
No foreign transaction fees
$795 annual fee

From premium lounge retreats to robust trip protections—cancellation, interruption, auto rental and baggage insurance—this card lets you travel with confidence. Manage your account seamlessly in the Chase app, tap to pay with contactless security, and let automatic credits offset the annual fee for high‑value perks all year long.

Terms apply. See issuer for complete details and eligibility.

The Platinum Card® from American Express

Unlock Unmatched Travel & Lifestyle Perks with The Platinum Card^® from American Express

5X points on flights booked directly with airlines or through AmEx Travel, and on prepaid Fine Hotels + Resorts^® & The Hotel Collection^® stays
1X point on all other purchases
$200 airline fee credit (up to $200 per calendar year) for baggage fees, in‑flight refreshments and other incidental charges
$200 hotel credit (up to $200 per calendar year) for prepaid Fine Hotels + Resorts^® or The Hotel Collection^® bookings
$240 digital entertainment credit ($20 per month) on eligible streaming services
$300 Equinox credit ($25 per month) for Equinox gym or app purchases
$189 CLEAR^® Plus credit (up to $189 per calendar year) for expedited airport security
$100 Global Entry/TSA PreCheck^® credit every 4–4.5 years
Complimentary lounge access to The Centurion^® Network, Priority Pass™ Select, Delta Sky Clubs^® (when flying Delta) and more
$695 annual fee

Whether you’re jetting across continents or unwinding at a luxury resort, The Platinum Card^® delivers premium benefits that easily offset its fee—if you use them. Earn accelerated Membership Rewards^® points on travel, then redeem or transfer them to top airline and hotel partners. Enjoy exclusive credits, top‑tier lounge access and white‑glove concierge services, all managed seamlessly in the AmEx app. Terms apply.

While the Capital One Venture X offers a compelling mix of premium travel benefits at a lower annual fee, these alternatives provide different combinations of rewards, credits and perks. The Chase Sapphire Reserve offers more bonus categories for earning points, while the Amex Platinum provides a wider array of travel credits and premium lounge access options

Is the Capital One Venture X worth it?

If you can use the $300 travel credit and lounge access, the Venture X easily justifies its annual fee. The simple earning structure and flexible redemption options make it valuable even for less frequent travelers.

Bottom line

The Capital One Venture X offers a strong combination of premium travel benefits and straightforward earning potential at a competitive annual fee. It’s an excellent choice for those seeking luxury travel perks without the higher costs associated with some competitor cards.

FAQs – Capital One Venture X

What is the Capital One Venture X welcome offer?

The Capital One Venture X typically offers a welcome bonus of 75,000 to 100,000 miles after you meet the minimum spending requirement within the first few months. Offers may vary by promotion.

How much is the Capital One Venture X annual fee and is it worth it?

The card has a $395 annual fee. However, it includes a $300 annual travel credit and 10,000 anniversary miles (worth $100), making it easy to offset the cost if you travel at least once a year.

What are the main benefits of the Venture X card?

Key benefits include unlimited lounge access, $300 travel credit, 10,000 anniversary miles, Global Entry/TSA PreCheck credit, travel protections, cell phone insurance, and Hertz President’s Circle status.

How do you earn miles with the Venture X?

You earn 10x miles on hotels and rental cars, 5x miles on flights (all through Capital One Travel), and 2x miles on all other purchases.

Can you transfer Venture X miles to travel partners?

Yes. Venture X miles can be transferred to over 15 airline and hotel partners, most at a 1:1 ratio. This is often the best way to maximize the value of your miles.

Does the Venture X card include airport lounge access?

Yes. Cardholders get unlimited access to Capital One Lounges, plus over 1,300 Priority Pass lounges worldwide. Authorized users also receive their own lounge access at no extra cost.

Are Capital One miles earned with Venture X flexible?

Yes. You can redeem miles through Capital One Travel, as a statement credit for past travel purchases, or transfer them to travel partners for premium redemptions like business class flights.

Marc Delaney

Marc Delaney is a bilingual (English/French) travel rewards strategist and credit card expert at Milesopedia USA. Born in the U.S. to a French-American family, Marc combines North American know-how with a deep understanding of international loyalty programs. With over a decade of experience in personal finance, he specializes in helping high-income individuals, digital nomads, and frequent flyers optimize their credit card points and travel benefits. His insights focus on maximizing value from programs like Chase Ultimate Rewards®, Amex Membership Rewards®, Aeroplan® and Flying Blue®. Marc started his career advising startups on business credit strategies and later transitioned into rewards consulting for cross-border entrepreneurs. He holds a degree in economics from the University of Vermont and has contributed to financial newsletters, webinars, and loyalty-focused communities across North America and Europe. A passionate traveler, Marc has explored more than 40 countries using points and miles to fly in premium cabins and stay in luxury hotels. When he's not analyzing credit card ecosystems, you'll find him hiking remote trails or reviewing airport lounges for Milesopedia readers.

All posts by Marc Delaney