Capital One Venture X: The Best Card For Families

Capital One Venture X: The Best Card For Families

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Link: Apply now for the Capital One Venture X Rewards Credit Card

The Capital One Venture X Rewards Credit Card was launched roughly a year ago, and has proven to be an incredibly popular product. That’s not too surprising, given that the card’s value proposition speaks for itself.

Generally I look at credit card value propositions in the context of what a card has to offer for the primary cardmember. However, sometimes it makes sense to look at the overall value of a card for a family. Is there such a thing as a perfect credit card for families? Well, I’d argue the Capital One Venture X is unbeatable in that regard, and I challenge anyone to disagree with me (okay, I’ll probably regret that). 😉

The Capital One Venture X pays for itself

First for some background, the Capital One Venture X has a $395 annual fee. However, in reality the card shouldn’t cost anyone nearly that much, as there are endless reasons to pick up this card. Among other things, the card offers:

The card is also offering an excellent welcome bonus of 75,000 Venture miles upon completing minimum spending, and anecdotally lots of people are having success getting approved.

This is truly a card that pays for itself — the $300 annual travel credit and 10,000 anniversary bonus miles should more than cover the annual fee on an ongoing basis, and then the rest is just the icing on the cake.

Redeem Capital One miles for travel in Emirates first class

Why the Capital One Venture X is perfect for families

While the value proposition of the Capital One Venture X is there for just a single user, what makes this card exceptional is the unrivaled value it offers to families. Capital One lets you add up to four authorized users to the Venture X at no extra cost, and best of all, each authorized user gets many of the same perks as the primary cardmember.

This is ideal for families who want to add their significant other, children, parents, etc., to their credit card (Capital One also doesn’t have a minimum age to add authorized users). Authorized users receive:

  • All the same lounge access perks as the primary cardmember, including a Priority Pass membership, access to Plaza Premium Lounges, and access to Capital One Lounges
  • Earn 2x Venture miles on spending with no foreign transaction fees; the primary cardmember is on the hook for paying and racks up the points, but this is a great everyday spending card to give to a spouse or children if you’re looking to maximize rewards in an easy way
  • The same protections, including cell phone protection, primary rental car coverage, etc.
  • Hertz President’s Circle elite status

Let me share how I’ve made this work in my own situation. I’ve added my parents to the Capital One Venture X, so that they can get airport lounge access. They used to have the Chase Sapphire Reserve® Card (review), but now they’ve downgraded that to the Chase Sapphire Preferred® Card (review), as the primary incremental benefit for them was the lounge access. They’re saving quite a bit of money thanks to that.

While I think it’s probably a bit early to get our not-even three month old son a credit card, I know plenty of people who have added their college-aged kids to the card, and they’ve loved having airport lounge access.

While there are several good premium credit cards, other popular options don’t let you add authorized users for free:

So by comparison, being able to add four authorized users at no cost on the Capital One Venture X is unbelievably generous.

Access airport lounges with the Capital One Venture X

Bottom line

The Capital One Venture X has an amazing value proposition in general, but the area where the card really shines is for families. That’s because you can add four authorized users to the card at no extra cost, and they get many of the same perks as the primary cardmember, including airport lounge access.

Being able to gift airport lounge access to family and close friends is an awesome opportunity, especially since it doesn’t come at any sort of opportunity cost. So if you are considering this card, be sure to think of it beyond just the value to the primary cardmember (even though that math also checks out there).

To those with the Capital One Venture X, have you added authorized users to the card to maximize value?

The following links will direct you to the rates and fees for mentioned American Express Cards. These include: The Platinum Card® from American Express (Rates & Fees).

Conversations (9)
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  1. Josh Guest

    My wife got the card and added me as AU, putting me over 5/24. If I remove myself as AU, can I still keep the priority pass for the rest of the year? Has anyone tried this?

  2. Doug Guest

    This card is fantastic. As a TPA based flyer, my family and I get $100+ value every single time we depart simply by eating a meal at Mis en Place. This card has paid for itself many times over.

  3. Daniel M Guest

    For the 100th time, your blog posts once again ignore the Chase Ritz Carlton Visa card, which provides unlimited free authorized users with their own Priority Pass and an unlimited number of guests, and it’s gotten even better now that the free night is worth up to 85,000 points. Just because it’s not open for new applicants doesn’t mean you get to ignore it, as you can still product-change to it.

  4. Ellen Guest

    Agree with you. As a family of four that likes to travel a lot, having two adults with Venture X cards means that we can all go into any lounge for free. We had a great long layover in DFW at their lounge...already looking forward to a long layover in Denver on our way home from Europe next summer. Also, having Hertz presendents gold (or whatever it's called) means that you will get an automatic upgrade so you don't have to book a bigger car every time.

  5. Anthony Diamond

    Seems like bit of a reach - I would imagine the best card for most families would be one that offer enhanced earnings on categories families spend a lot on, like groceries, home improvement, etc… Venture X is good but a few (Amex Gold) may be better.

  6. Other Chris Guest

    Does the Priority Pass automatically renew on its expiration date? I was an early applicant for the Venture X card and have myself and two family members with cards. Will all three have their Priority Pass renewed automatically?

    1. Pete Guest

      Yes, mine got automatically mailed to me

  7. Chris Guest

    Question for you in regards to your infant and credit cards; wouldn't it be advantageous to put small children as an authorized user? If there is no minimum age set by the cards and if the credit card companies submit credit scores for all users (since they have SSN's attached to every user), it seems like it's a smart way for children to build credit scores from their parents. Obviously they wouldn't "use" their card...

    Question for you in regards to your infant and credit cards; wouldn't it be advantageous to put small children as an authorized user? If there is no minimum age set by the cards and if the credit card companies submit credit scores for all users (since they have SSN's attached to every user), it seems like it's a smart way for children to build credit scores from their parents. Obviously they wouldn't "use" their card at all, though it would be funny for a three-month-old to flash their card at the entrance to the lounge.

    1. Ivan B Guest

      There is a minimum age of 18 for priority pass.

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.

Josh Guest

My wife got the card and added me as AU, putting me over 5/24. If I remove myself as AU, can I still keep the priority pass for the rest of the year? Has anyone tried this?

0
Doug Guest

This card is fantastic. As a TPA based flyer, my family and I get $100+ value every single time we depart simply by eating a meal at Mis en Place. This card has paid for itself many times over.

0
Ivan B Guest

There is a minimum age of 18 for priority pass.

0
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