Link: Learn more about the Capital One Venture X Business
The Capital One Venture X Business is Capital One’s lucrative business card. Several weeks ago, we saw a huge limited time welcome bonus rolled out on this card — while the spending requirement is significant, so is the potential upside. I’d like to post a reminder of this offer, as it’s anyone’s clue how much longer it’ll stick around.
In this post:
Limited time Capital One Venture X Business bonus details
The Capital One Venture X Business is offering a limited time two-part welcome bonus where you can earn up to 400,000 Capital One bonus miles:
- Earn 200,000 bonus miles after spending $30,000 within the first three months
- Earn an additional 200,000 bonus miles after spending a total of $150,000 within the first six months
For context, previously the card simply offered a bonus of up to 150,000 miles after spending $30,000, so even if you “only” spend that much, this bonus is already 33% better. Meanwhile if you are an even bigger credit card spender, it’s hard to beat this return for $150K of spending.
For example, if you spent $150,000, you’d earn a minimum of 700,000 miles, which is excellent. This is a phenomenal bonus, and for what it’s worth, I value Capital One miles at 1.7 cents each.
So to me, 200,000 miles are worth $3,400, while 400,000 miles are worth $6,800. Or put another way, the minimum of 700,000 miles you’d earn on $150,000 of spending are worth $11,900 by my valuation, so that’s a roughly 8% return on spending.
There are lots of great uses for Capital One miles, as they can be transferred to all kinds of useful airline and hotel partners, or they can be redeemed toward a travel purchase.
Who is eligible for the Capital One Venture X Business bonus?
All card issuers have some general application restrictions. However, Capital One probably has among the fewest consistent restrictions. Specific to the Capital One Venture X Business, the welcome offer on the card isn’t available to those who already have the card, or those who had the Spark Travel Elite Card (which is what this card was briefly branded as) or who have the Capital One Spark Cash Plus (review).
Beyond that, eligibility should be unrelated to having any other Capital One card. You are eligible for the bonus on this card if you have the personal version of the card. Note that while there are similarities between the two cards, there are also some differences.
Read my guide to getting approved for the Venture X Business.
Why the Capital One Venture X Business is worth it
The Capital One Venture X Business has a $395 annual fee, so it’s among the higher annual fee business cards out there. However, the card offers a variety of rewards, benefits, and perks, that should offer outsized value:
- The Venture X Business offers a minimum of 2x miles on all purchases, making it one of the best cards for everyday spending; on top of that, the card has no foreign transaction fees and no preset spending limit
- The Venture X Business offers a $300 annual Capital One Travel credit, which can be used toward a flight, hotel, or rental car; if you travel with any frequency, this should be worth close to face value
- The Venture X Business offers 10,000 Venture bonus miles on your account anniversary every year; this is worth a minimum of $100, but potentially way more than that
- The Venture X Business offers the primary card member a Priority Pass™ Select membership, plus access to Capital One Lounges and Capital One Landings
- The Venture X Business offers a Global Entry or TSA PreCheck credit once every four years
The way I do the math on the card is that I consider the $300 annual travel credit and 10,000 anniversary bonus miles to (more than) cover the annual fee on an ongoing basis, and then everything else is the real value offered by the card. You’re earning a great return on spending, plus airport lounge access.
Read a full review of the Capital One Venture X Business here.
Bottom line
The Capital One Venture X Business is offering a massive limited time welcome bonus, whereby you can earn up to 400,000 bonus miles (though with a huge spending requirement, admittedly). You should be eligible for this card as long as you don’t currently have this exact card, haven’t had the Spark Travel Elite, and don’t currently have the Spark Cash Plus.
There’s lots of value to having this card in the long-run, including being able to earn 2x miles with no preset spending limit, plus all kinds of valuable travel perks, including airport lounge access. If you’ve been considering this card, now is the ideal time to apply.
Do you plan on picking up the Capital One Venture X Business with this huge welcome offer?
And then we wonder why award tickets continue to get more and more expensive and harder to come by....
Ben, it is good that you feature these but no mention of C1 customer service and issues with approvals? I always thought you were more unbiased compared to other bloggers who just want their share and completely hide the truth about these cards/companies.
Agreed
Like many many others, denied with very high score.and VenX pers card, long history, etc
Cap1 is known for these shenanigans
Love their rewards but their cc app process is a NIGHTMARE
How about when they deny you but pop up an approval for a much lesser card and much smaller bonus-- love that bait and switch they do-- oh wait didn't they get fined for that very thing though? So...
Agreed
Like many many others, denied with very high score.and VenX pers card, long history, etc
Cap1 is known for these shenanigans
Love their rewards but their cc app process is a NIGHTMARE
How about when they deny you but pop up an approval for a much lesser card and much smaller bonus-- love that bait and switch they do-- oh wait didn't they get fined for that very thing though? So why are they still doing it??!?
The very best thing Cap1 could do to be a serious big player is change their reconsideration process
When you call, there is only a robot human following a script who will gladly pull your credit again (all 3 bureaus as we know !! So this would be 6 pulls) but for no good reason at all since the outcome is purely by algorithm with no human intervention or override...
We all know that life is not so simple sometimes as a simple algorithm
But that's Cap1
Gives them a really bad cheap reputation
And they are fulfilling it with this card app process
For those who got denied: Can you apply for a business card just because or do you have to provide some measure of proof that you have a business?
Officially, you'd better have a 'real' business... makin' stuff, servin' folks, doin' sh*t... but, in reality, you can just make up things, and rarely does anyone get called out.
Also, you'd better disclose and pay your taxes on that $20 bill you found on the floor, or else!
One more: If you go 1 mph over the speed-limit, you're officially 'an illegal' too. Wowza.
There is a rumor around at the Chinese blogger saying that enrer annual income of $500k or above will be get instantly approved. But that sound like only work with personal Venture X thro.
Not true. I'm actually in the exact same Chinese thread and I have a genuine income of 540k W2. Instant denial. Last C1 VX approval was 11/2024 (12 months ago). 2/6 new accounts.
Frozen EX, TU / EQ pulled, -6 points for nothing. At least I can finally give up on this card and focus my time on banks that actually want my business.
Even reddit has almost zero positive DPs on this card.
Have we learned NOTHING... those Chinese blogs are what got everyone in trouble with Citi Strata Elite bogus links... c'mon guys... (That's what Xi said.)
This is nuts. I spend 6K for a 90K sub.
By that metric this 150K spend should yield me 2.25 million points. It only yields 400k. That is a massive rip off and I choose not to be ripped off.
Within the set of transferable points cards, how many SUBs can one reasonably pursue in a 12-month or 24-month period before card issuers begin declining applications? I've already hit every Amex card and I don't receive NLL offers. Chase has now throttled Ink applications. Other cards typically have 24/48-month limits. I think that the math does not reflect the practical reality.
Applied a little while ago (3 months or so), and got rejected. Any data points on repeat applications? I have the personal VX.
I have the personal vx too and a credit score of 845. I also got rejected for the VX business
Hold personal VX from 11/2024. 760 on all 3 cbs. 540k income W2. 2/6 accounts. Instant rejection.
Reddit and r/churning has zero positive DPs on this. This card is just a waste of time.
Off topic. Is it true that Marriot has filed for bankruptcy and everyone must vacate their hotels today?
No, it's Sonder (one of Marriott's affiliated brands) that went bankrupt. If Marriott had gone bankrupt it would be front page news on travel blogs.
Capital one will decline all your transactions over $100 as their algorithm learns your behavior
But, but... they have the 'Landing' lounge... coming soon to an airport near you.
Interesting. Does one actually need a business to apply for this or could you get this by just using your SSN as a sole proprieter?
Getta loada Mr. Moneybags ova ere!
If anyone who's applying could use my referral so I can get some bonus points, I'd be super thankful! Long time OMAAT reader here.
https://i.capitalone.com/JFRNoqV4b
You can choose Venture X Business or the Business Spark 2% Cash Plus card with only a $150 fee: Earn a $2,000 cash bonus when you spend $30,000 in the first 3 months. Plus, earn an additional $2,000 bonus for every $500,000 spent in the first year.
Thanks!
If you have the Spark Cash Plus, any details on how long it must be closed before they'll let you go for this Venture X Biz bonus?
Did the last one with some business spend, wish it was this current offer. Still very lucrative and they still do Emirates 1 to 1.
Large bonuses like this distort the redemption playing field and contribute to devaluation of existing points and miles. It is a race to the bottom. The effect of cards like this that offer significantly higher bonuses than the norm is similar to the way individuals who do not have access to US based credit cards, with their easy access to miles, have seen their hopes to redeem points for travel vanish as the cost in...
Large bonuses like this distort the redemption playing field and contribute to devaluation of existing points and miles. It is a race to the bottom. The effect of cards like this that offer significantly higher bonuses than the norm is similar to the way individuals who do not have access to US based credit cards, with their easy access to miles, have seen their hopes to redeem points for travel vanish as the cost in points for a particular flight escalates partly due to the vast number points issued by US cardholders. This may sound like sour grapes, but if more cards like this appear those who do not have access to a particular class of card and its large bonuses will find themselves also on the outside looking in as the cost of air travel in points inflates.
It's irrelevant as most people will be rejected by C1 anyway. 850 FICO? Rejection. 500k income? Rejection. Breathe the wrong way? Rejection.
These advertised large point bonuses do not circulate or get redeemed in the marketplace because there are zero positive DPs on this on reddit, chinese forums, and blogs.
Any one who gives me tangible advice that *guarantees* me an approval will be venmoed $1k USD on the spot. I was rejected last night at 540k W2 income.
Ah, yes, of course, for that $150,000 we're all spending within the next 6 months... just 15 lbs of Beluga caviar and done. Easy peasy lemon squeasy.
Oh, or we can fill-up with G700 tax-free for the flight to the Maldives, right? How now, brown cow.
Could you try not to comment on every thread, bro?
No thanks. You do you.