Capital One Venture X Rewards Credit Card review: Straightforward rewards
Great for practical premium perks
Annual Fee: $395
This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.
Here’s the average credit limit of members who matched their Capital One Venture X Rewards Credit Card or similar cards.
% of members by credit limit range
The average credit limit for members who have matched with this card or similar cards is $15,376, with $5,000 being the most common.
Here’s the average credit score of members who matched their Capital One Venture X Rewards Credit Card or similar cards.
% of members by credit score range
The average credit score for members who have matched with this card or similar cards is 711, with 810 being the most common. Note this is just one of the deciding factors when it comes to getting approved.
Member stats
Updated daily
26.5%
Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.
41 years
Average age of members who matched this card or similar cards.
$104,933
Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.
Pros and cons
Image: yesStrong travel rewards
Image: yesBig sign-up bonus
Image: yesValuable travel credits
Image: ConExpensive annual fee
Image: ConLimited transfer partners
Image: ConSign-up bonus comes at a big cost
Capital One Venture X Rewards Credit Card review
Updated October 23, 2024
This date may not reflect recent changes in individual terms.
Written by: Tim Devaney
Is the Capital One Venture X Rewards Credit Card worth it?
The Capital One Venture X Rewards Credit Card is great for casual travelers who want a seamless experience. The straightforward perks and benefits are easy to use and will make your trips more enjoyable.
While the rewards flow bountifully, if you’re scared off by expensive annual fees, you might want to look elsewhere.
But if you’re willing to pay the upfront cost for having this card, it could help you save a lot more money on travel than it costs you.
Capital One Venture X Rewards Credit Card at a glance
- Annual fee: $395
- Estimated bonus value: $1,590
- Standout benefit: Generous travel credit
- Standout rewards rate: Minimum 2 miles per $1 on purchases that aren’t part of a bonus spending category
Capital One Venture X Rewards Credit Card’s best perks and features
Big sign-up bonus
The Capital One Venture X Rewards Credit Card comes with a big sign-up bonus of 75,000 bonus miles (worth $750 when redeemed for travel) after spending $4,000 on purchases during the first 3 months that you have the card.
The spending requirement works out to more than $1,300 a month. So if you’re not prepared to spend this kind of cash, you may want to look at other premium rewards cards that offer more valuable bonuses.
Generous travel credit
The Capital One Venture X Rewards Credit Card comes with a $300 travel credit each year, which helps offset the annual fee.
The only catch? To earn the credit, you have to book directly through Capital One’s own travel portal. But you should be able to make all of your usual travel reservations there, including booking airfare, hotels and rental cars.
The card also offers solid rewards for travel spending and bonus categories that are on par with other premium rewards cards.
You’ll earn …
- 10 miles for every $1 spent on hotels booked through Capital One Travel
- 10 miles per $1 on rental cars booked through Capital One Travel
- 5 miles per $1 on flights and vacation rentals booked through Capital One Travel
- 2 miles per $1 on all other purchases
Anniversary bonus miles
Starting after your first year, you’ll receive 10,000 bonus miles each year on the anniversary of your account opening. You can use these miles just like you would with the sign-up bonus or the rewards you earn for everyday spending. That’s worth $100 toward travel when you book through Capital One.
Combined with the $300 travel credit, these two perks should help you offset the annual fee as long as you take at least one trip per year.
Airport lounge access
The Capital One Venture X Rewards Credit Card also comes with airport lounge access to help you relax before your flight.
As a cardholder, you and two guests will have access to more than 1,300 lounges around the world, including Capital One Lounges and lounges in Capital One’s partner lounge network.
What are the drawbacks of the Capital One Venture X Rewards Credit Card?
The annual fee is expensive
We’re not going to sugarcoat it: $395 is an expensive annual fee.
While the Capital One Venture X Rewards Credit Card can pay for itself if you use the card’s excellent benefits and rewards, you’ll have to bear the upfront costs of the annual fee.
Transferring your points could be a headache
Most of Capital One’s transfer partners are foreign.
While some of these foreign airlines present great values, the value you can get from the transfer depends on your taking an international trip. Plus, it can be a headache to navigate through unfamiliar websites and figure out how to redeem your miles through them. There’s also the trust factor of transferring your points to an airline you’ve never heard of before.
Unfortunately, Capital One doesn’t partner with any domestic airlines where you can transfer your points.
How to redeem your Capital One miles
You can redeem Capital One miles directly through Capital One for 1 cent each.
Whether you want cash back or travel rewards, if you’re looking for a simple way to use your points, redeeming directly through Capital One is the way to go.
But it’s worth noting you can also transfer your points to another rewards program. While this could potentially give you a better value, it also requires more elbow grease. Capital One’s airline transfer partners are foreign, so if you want to transfer your points, this option is only valuable to you if you’re flying internationally.
Other cards to consider
If the Capital One Venture X Rewards Credit Card doesn’t seem like the right fit, here are some other travel cards you might be interested in.
- Capital One Venture Rewards Credit Card: This card is good for people who want a more affordable travel card.
- Chase Sapphire Reserve®: This card is good for people who want more flexible rewards.
- Platinum Card® from American Express: This card is good for people who want even more perks and benefits.
Credit Karma’s methodology
Credit Karma uses qualitative and quantitative measures to review travel and premium credit cards. Our goal is to help you understand a card’s most useful features — and where it may fall short compared to other options.
We take into account factors such as unique rewards and benefits, ease of redeeming rewards, fees and rates, transfer partners, lounge access and rewards rates.
Credit Karma editors have also built some proprietary metrics to measure the value of rewards credit cards.
Our point valuations estimate how much rewards programs are worth. We look at both the value you could get by redeeming your points directly through a credit card issuer, as well as the value you could get by transferring your points and miles to an airline or hotel rewards program.
Instead of just telling you how many miles you could earn, the editors’ estimated bonus value multiplies the sign-up bonus by the reward program’s point valuations to tell you how much we believe they’re worth.
Our goal is that these metrics will help you decide whether the card’s rewards and benefits are worth it for you.
FAQs about Capital One Venture X Rewards Credit Card
You’ll likely need strong credit to qualify for the Capital One Venture X Rewards Credit Card.
While Credit Karma can’t say for sure whether you’ll be approved, we’ve found that most of our members who have the Capital One Venture X Rewards Credit Card or similar cards in their wallets have good or excellent credit scores.
The Capital One Venture X Rewards Credit Card has a higher annual fee ($395) than the Capital One Venture Rewards Credit Card ($95). But it also offers better perks and benefits.
Your credit limit will vary depending on your specific financial circumstances.
But we’ve found that the majority of Credit Karma members who have the Capital One Venture X Rewards Credit Card or similar cards in their wallet have credit limits of $5,000 or more.
Member reviews
Most helpful positive review
October 6, 2024
Great
— Credit Karma Member
Applied for this card three years ago It was approved right away for credit limit line 10k. Always using for TRAVEL, which is airplane tickets, hotels, and car rental.Back to that time was 100k rewards after spending $10000 in six months. Had poor chance of approval, but I took a risk and was approved. I love Capital One.
Most helpful negative review
April 26, 2022
Extremely disappointed after using
— Credit Karma Member
The card's promises are unbeatable in the travel card category. Then I started using it, and realized if the card is unusable the rewards are just air. 1. Tried to book a flight on a foreign website, the card does not go through (checked the information three times). Then tried Chase and it went through instantaneously 2. Tried to book a flight within the foreign country I am visiting. The flight does not have any details on the portal including cancellation policy or seats. I called the customer service only to be told that no you won't have the details until you book it. And Capital One does not control what option the airline provides. What??? I can't even know if the flight is refundable before I book it, and I am just going to throw the few hundred dollars betting on the flight has the right option that I want??? The rewards do not matter when the card is not reliable.