Venture X Business Card: 11 Reasons To Apply

Venture X Business Card: 11 Reasons To Apply

2
In the interest of full disclosure, OMAAT earns a referral bonus for anyone that’s approved through some of the below links. These are the best publicly available offers (terms apply) that we have found for each product or service. Opinions expressed here are the author's alone, not those of the bank, credit card issuer, airline, hotel chain, or product manufacturer/service provider, and have not been reviewed, approved or otherwise endorsed by any of these entities. Please check out our advertiser policy for further details about our partners, and thanks for your support!

Link: Apply now for the Capital One Venture X Business

While I’ve written a detailed review of the Capital One Venture X Business, in this post I wanted to share 11 reasons that this business card should be in your wallet. While the $395 annual fee might sound high at first, the perks and return on spending more than justify it, in my opinion.

With that out of the way, here are some reasons you should consider applying for this card, in no particular order…

Welcome bonus of 150,000 Capital One miles

The Capital One Venture X Business is offering a welcome bonus of 150,000 Capital One bonus miles after spending $30,000 within the first three months.

Personally I value Capital One miles at 1.7 cents each, so to me, 150,000 Capital One miles are worth $2,550, which is huge. Admittedly the spending requirement is big, but so is the bonus.

Note that eligibility for this card is unrelated to any other Capital One card, with the exception of the Capital One Spark Cash Plus (review). Read my guide to getting approved for the Venture X Business.

Redeem Capital One miles for first class travel

Card doesn’t report to personal credit

Assuming your account remains in good standing, the Capital One Venture X Business shouldn’t report to your personal credit, at least based on the reports that I’ve seen (and my own personal experience). For example, if you’re trying to stay under Chase’s 5/24 limit, then applying for this business card shouldn’t count toward that.

2x Capital One miles on everyday spending

The Capital One Venture X Business offers unlimited 2x miles on all purchases, making this one of the best cards for everyday spending. I value Capital One miles at 1.7 cents each, so to me that’s the equivalent of a 3.4% return on everyday spending.

In addition to earning 2x miles on all purchases, the card also offers some bonuses when booking through Capital One Travel, which is Capital One’s travel portal (as you may have guessed based on the name):

  • Earn 10x miles for rental cars and hotels
  • Earn 5x miles for flights

Best of all, the card has no foreign transaction fees for all purchases.

Earn a minimum of 2x miles on all your spending

No preset spending limit

The Capital One Venture X Business has no preset spending limit, meaning that the card adapts to your needs based on your spending behavior, payment history, credit profile, and other factors.

Many small businesses feel constrained by the traditional credit limits you’ll find on cards, which make it tough to pay for large purchases by card. This is much less of an issue on cards without a preset spending limit.

A flexible & valuable mileage currency

Capital One miles offer great flexibility. For one, you can redeem Capital One miles for one cent each toward virtually any travel purchase by “covering travel purchases” through the rewards dashboard on your card. This is awesome, because it allows you to book travel however you want, and then apply miles as statement credits after the fact.

Since the Capital One Venture X Business offers a minimum of 2x miles per dollar spent, that means you’re earning at least two cents back on the dollar. You can use this toward the cost of a flight, a rental car, or a stay at a hotel, without having to worry about blackout dates, limited availability, etc.

However, there’s a way to get even more value, if you’re willing to put in the work. My preference is to transfer miles to Capital One’s airline & hotel partners, as you can transfer miles at a 1:1 ratio to over a dozen programs. As is the case with all major transferable points currencies, this allows you to get way outsized value, especially when redeeming for first & business class travel.

Capital One miles get you a lot of flexibility

$300 annual Capital One Travel credit

The Capital One Venture X Business offers a $300 credit for Capital One Travel every cardmember year (including the first year), which can be used for flights, hotels, rental cars, etc. Personally my strategy is to just book a $300+ flight through the portal every year, and that’s an easy way to recoup the full value of that.

As mentioned above, the card has a $395 annual fee, but that $300 credit alone should easily offset more than 75% of that fee, which is awesome. So while the card’s annual fee might seem high on the surface, it shouldn’t really be costing anyone all that much to hold onto.

Use your $300 Capital One Travel credit toward a flight

10,000 Capital One bonus miles on anniversary

Not only does the Capital One Venture X Business offer a $300 credit every cardmember year, but it also offers 10,000 miles on your account anniversary every year (starting on your first anniversary).

Personally I value those 10,000 miles at ~$170. Even if you valued the 10,000 miles at $100, I’d say that between the $300 Capital One Travel credit and $100 worth of travel with Capital One miles, that more than covers your annual fee right there. That makes this one of the cheapest premium cards to hold onto.

Get 10,000 anniversary bonus miles with the card

Priority Pass membership with guests

The Capital One Venture X Business offers a Priority Pass membership for the primary card member. This can be used to access the world’s largest network of airport lounges, with 1,300+ locations around the world. You can bring up to two guests with you into lounges at no extra cost.

Get a Priority Pass membership with the card

Capital One Lounge access

The Capital One Venture X Business offers access to Capital One Lounges for the primary card member. Currently there are locations in Dallas Fort Worth (DFW), Washington Dulles (IAD), and Denver (DEN).

Capital One Lounges are fantastic, with cold brew on tap, grab and go food, and more amenities. I rank these among the best lounges in the United States. If you frequently travel through an airport with a Capital One Lounge, I’d consider this to be a valuable perk.

Access Capital One Lounges with the card

Capital One Landing access

The Capital One Venture X Business offers access to the new Capital One Landing concept, with the first location having now opened in Washington (DCA). Cardmembers can even bring one guest in with them for free.

This is a twist on the traditional airport lounge concept. Think of this as almost being like an airport restaurant, with complimentary food and drinks. Capital One Landing is offered in partnership with Chef José Andrés, and you can expect a tapas-style dining experience, plus an extensive drink selection.

Access Capital One Landings with the card

Global Entry or TSA PreCheck credit

The Capital One Venture X Business offers a TSA PreCheck or Global Entry credit once every four years. Just charge the enrollment fee to your card, and it will automatically be reimbursed. Even if you already have Global Entry or TSA PreCheck, you can always use this for someone else, as long as your card is used to pay.

Get a Global Entry or TSA PreCheck credit with the card

Bottom line

The Capital One Venture X Business is a compelling card that many small business owners should consider. The card has a $395 annual fee, but for that you get a $300 annual Capital One Travel credit and 10,000 anniversary bonus miles, which should offset the annual fee for savvy consumers.

Then you’re left with a card offering a minimum of 2x Capital One miles on all purchases with no preset spending limit, a Priority Pass membership with restaurant credits, Capital One Lounge access, Capital One Landing access, and more.

When you add the excellent welcome bonus to the equation, picking up this card is a no-brainer, in my opinion.

Conversations (2)
The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.
Type your response here.

If you'd like to participate in the discussion, please adhere to our commenting guidelines. Anyone can comment, and your email address will not be published. Register to save your unique username and earn special OMAAT reputation perks!

  1. Shazia Ijaz Guest

    Can you please explain how do you value the 10k points at anniversary for $170? Is it better to use the $300 on flights or hotels?

  2. Miles Guest

    I had a Spark Cash Plus in the past, any idea when I might be an eligible for a bonus for the Venture X Business?

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

Shazia Ijaz Guest

Can you please explain how do you value the 10k points at anniversary for $170? Is it better to use the $300 on flights or hotels?

0
Miles Guest

I had a Spark Cash Plus in the past, any idea when I might be an eligible for a bonus for the Venture X Business?

0
Meet Ben Schlappig, OMAAT Founder
5,163,247 Miles Traveled

32,614,600 Words Written

35,045 Posts Published

Keep Exploring OMAAT
  • October 22, 2024
  • Ben Schlappig
12
Capital One SavorOne Card Rebrands As Savor
  • March 10, 2022
  • Ben Schlappig
10
Capital One Launches New Dining Platform