Link: Apply now for the Capital One Venture X Business (Rates & Fees)
We’ve just seen online applications open for the Capital One Venture X Business, which is Capital One’s lucrative new business card. This card is offering an excellent welcome offer, so in this post I wanted to go over the details of that.
In this post:
Capital One Venture X Business offering 150K bonus miles
The Capital One Venture X Business is currently offering a welcome bonus of 150,000 Capital One 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 the 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.
Admittedly this spending requirement is significant, but the reward is big as well. Since the Venture X Business offers a minimum of 2x miles per dollar spent, you’d earn a minimum of 210,000 miles after spending $30,000. That’s like earning 7x miles per dollar spent during your bonus spending period.

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) (Rates & Fees).
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) (Rates & Fees). 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
- 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 now open for online applications, and the card is offering a huge bonus of 150K Capital One miles upon completing minimum spending. You should be eligible for this card as long as you don’t currently have card and haven’t had the Spark Travel Elite.
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 the current welcome offer?
Do you know if it is possible to upgrade to this card with another C1 biz card? E.g. Sparkmiles? Will I still get the bonus?
Is this the standard welcome offer on the card or is it a "special" launch offer?
Ben, if I have the Spark Cash Plus that had the big offer last year, can I still be approved? Got that card last March also have an old Spark Select. Read some conflicting reviews about not being able to get this new one if you have the Spark Cash Plus.
@ YoloB -- It's a great question, and I've reached out to Capital One for official clarification. I'll report back when I know for sure.
Is it just me or was another post (along with all the comments) on Capital One deleted?
I’d posted a comment asking if any site usage / visit data was being shared with Capital One as part of the sponsorship deal.
Note the blog now says “one mile at a time, presented by capita one”. Don’t think that was true as of yesterday… really hope OMAAT isn’t going the way of TPG…. Feel like Ben should address this as I don’t remember previous advertisers getting that kind of space?
@ ECR12 -- Capital One is sponsoring the blog for the week to celebrate the launch of the card, so this is temporary. OMAAT of course always has some sort of display ads, but in this case Capital One bought out display ads for the period. Unless otherwise stated, the content is still my own, and not reviewed by Capital One (and I can write what I want).
@ Frog -- I responded to Alec-14 below in a way that answers the first part of your question. As far as the second part of your question goes, general site usage data is shared with advertisers. That's the case for any website selling ad space, since companies want to know what kind of traffic a site gets, etc. However, we're not selling any personal user data to Capital One, so it's not like we're...
@ Frog -- I responded to Alec-14 below in a way that answers the first part of your question. As far as the second part of your question goes, general site usage data is shared with advertisers. That's the case for any website selling ad space, since companies want to know what kind of traffic a site gets, etc. However, we're not selling any personal user data to Capital One, so it's not like we're giving them access to email addresses. Hope that addresses your question.
There seems to be recent change in the $300 travel credit. It is no longer issued as a statement credit after the booking shows up on your account statement. Rather there seems to be some kind of code that needs to be applied at check out.
When I recently looked for hotels, the prices on the Capital One portal were significantly higher compared to Orbitz. That makes the travel portal less valuable. In my case,...
There seems to be recent change in the $300 travel credit. It is no longer issued as a statement credit after the booking shows up on your account statement. Rather there seems to be some kind of code that needs to be applied at check out.
When I recently looked for hotels, the prices on the Capital One portal were significantly higher compared to Orbitz. That makes the travel portal less valuable. In my case, I booked the last available room, so there is less "evidence" for an after booking price match if you want to go through that extra step.
@ InternationalTraveler -- Interesting, just saw that for the first time, thanks. For what it's worth, I find that it's most useful to just use the Capital One Travel credit for flights, since there's the least opportunity cost to booking that way. But that's just me.
Did you delete your original article (with some negative comments from readers) about this card from yesterday? I don’t think anyone minds you taking sponsorship money but once the integrity of posts start to drop…
@ Alec-14 -- I did for the time being redirect the post to the main review post. I published 17 blog posts yesterday, as there was an unbelievable amount of news (the most posts I've ever published in a single day).
I had hoped to write a full review of the card yesterday, but couldn't quite finish it in time, given all that was going on. So I published the best that I had...
@ Alec-14 -- I did for the time being redirect the post to the main review post. I published 17 blog posts yesterday, as there was an unbelievable amount of news (the most posts I've ever published in a single day).
I had hoped to write a full review of the card yesterday, but couldn't quite finish it in time, given all that was going on. So I published the best that I had at the time. This morning I finally had the time to sit down and write that, so I redirected the less detailed post to the review.