Link: Apply now for the Capital One Venture X Business
The Capital One Venture X Business is Capital One’s lucrative business card. The card continues to have an excellent offer, making it an ideal time to apply — while the minimum spending requirement is big, so is the bonus.
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Capital One Venture X Business bonus details
The Capital One Venture X Business is offering a welcome bonus where you can earn 150,000 bonus miles after spending $30,000 within the first three months.
This is a huge bonus — personally, I value Capital One miles at 1.7 cents each, so to me, 150,000 miles are worth $2,550. 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, which is the Capital One Venture X Rewards Credit Card (review). 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 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 great bonus, and you should be eligible for this card as long as you don’t currently have 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.
Do you plan on picking up the Capital One Venture X Business with this welcome offer?
Sure it’s a great travel card, but $30k in 3 is no easy feat. You need to have some multiple big purchases lined up. Just a few appliances or tvs won’t do it. even much more than that is needed. I doubt 95% of people will be able to achieve that kind of spending requirement within a short time.
Ben fails to mention that Capital one pulls all 3 credit bureaus and reports this business card to your personal credit report thus affecting 5/24.
For such a huge spend requirement, the sign-up bonus is only 5x :(. For a category like flights, compared to Amex Plat, there is basically no value, and just 4x additional value in non-category spend. Not sure if this is really attractive.
For this spend to be attractive, I would say the bonus should be greater by same multiplier as spend requirements for other cards. For example, if you get 100k bonus for a...
For such a huge spend requirement, the sign-up bonus is only 5x :(. For a category like flights, compared to Amex Plat, there is basically no value, and just 4x additional value in non-category spend. Not sure if this is really attractive.
For this spend to be attractive, I would say the bonus should be greater by same multiplier as spend requirements for other cards. For example, if you get 100k bonus for a personal card on $3k spend, I think 1 million bonus miles makes more sense when we're asked to spend 30k.
Yeah, clearly they overvalue their miles pts. Cap one should increase offer to 250k or 300k pts and provide 12 mos to meet the spend (at least 6 mos min) to make it competitive in business cards.