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3. Capital One Venture X Rewards Credit Card review: Straightforward rewards

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5 reviews from Intuit Credit Karma members

4.2

Rating: 4.2 out of 5.

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 $15,328, 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 712, 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

26.2%

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.

$104,513

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

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Strong travel rewards

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Big sign-up bonus

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Valuable travel credits

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Expensive annual fee

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Limited transfer partners

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Sign-up bonus comes at a big cost

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.

FAQs about Capital One Venture X Rewards Credit Card