Details: Capital One Venture X Vacation Rental Credit

Details: Capital One Venture X Vacation Rental Credit

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Note: When the Capital One Venture X launched it had a limited time welcome bonus that included 100,000 bonus miles plus a $200 vacation rental statement credit. That limited time offer ended on March 14, 2022, however, I wanted to explain how I used the credit. Learn more about the Capital One Venture X.

The welcome bonus is only one small reason to consider picking up the $395 annual fee Capital One Venture X. In addition to that, the card offers perks like a $300 annual travel credit10,000 anniversary bonus miles, a Priority Pass membershipaccess to Capital One LoungesHertz President’s Circle elite statusprimary rental car coveragecell phone protection, amazing authorized user perks, and more.

How long is the Venture X welcome bonus valid?

The Capital One Venture X is offering a welcome bonus of 100,000 Venture miles after spending $10,000 within the first six months, plus a $200 vacation rental credit. The vacation rental credit is explicitly marketed as being a “limited-time offer.”

We don’t know when the offer will be expiring, so all we can do is speculate.

For what it’s worth, the card was launched in early November 2021, so we’re coming up on three months of this product being available. If I had to guess, I’d speculate the offer likely won’t be around much longer. I don’t have any inside info here, but rather I’m basing this on most limited-time credit card offers historically being available for somewhere around one to three months.

Personally I value Capital One miles at 1.7 cents each, so between the 100,000 Venture miles and $200 vacation rental credit, I value the welcome bonus at up to $1,900. That’s massive.

Redeem Capital One miles for an Air France business class ticket

What can the Venture X $200 vacation rental credit be used for?

How does the Capital One Venture X $200 vacation rental credit work? According to the terms:

  • The credit can be applied toward vacation rental purchases, including with merchants like Airbnb, Turnkey, Vacasa, and VRBO
  • The credit can be used in one or multiple transactions until the $200 vacation rental credit is reached
  • There’s no registration required to use the credit, assuming you sign up while the card is offering that as part of the welcome bonus
  • The credit should appear on your account within one to seven business days of when an eligible purchase is made, but it could take up to two billing cycles
  • The credit must be used within your first year as a cardmember, and isn’t in any way tied to the minimum spending requirement

It’s also worth emphasizing that this is separate from the $300 Capital One Travel portal credit that you receive with the card every cardmember year.

The Venture X is offering a vacation rental credit as part of the bonus

The Venture X vacation rental credit may be more valuable than you assume

There’s absolutely no guarantee that this will work for others, but I noticed something interesting from a purchase last month, which has been echoed by several readers. I’m not usually much into vacation rentals, but I did charge a hotel stay to my Capital One Venture X. To my surprise, the vacation rental credit was automatically applied toward that purchase.

I also received an email telling me that I had used the vacation rental credit.

While you absolutely shouldn’t count on this continuing to be the case, anecdotally it appears that lodging purchases are at least in some cases being reimbursed as part of the vacation rental credit. That’s something that has continued to be echoed by others in recent weeks.

If you do have any upcoming lodging purchases and have the Capital One Venture X, I’d recommend charging it to the card. Don’t count on that being credited, but also don’t be surprised if it does. This sure was a pleasant surprise, given how much value the card is already offering.

My vacation rental credit was applied toward a hotel stay

Bottom line

As part of its launch offer, the Capital One Venture X is offering a welcome bonus of 100,000 Venture miles upon completing minimum spending, plus a $200 vacation rental credit. While this is a limited-time offer, we don’t know how long it will be around.

According to the terms, the vacation rental credit applies to merchants categorized as vacation rentals, and will be applied automatically for up to $200 in purchases, across one or multiple transactions. Beyond that, it at least anecdotally appears that some other types of lodging purchases are being reimbursed as well.

I wouldn’t count on that happening for everyone or in the long run, but I think this is all the more reason to at least charge some lodging to the card, in hopes of triggering the credit. Not only did I randomly notice this, but I’ve heard similar reports from many other readers. This card really offers an unbelievable amount of value…

If you’ve used the Capital One Venture X vacation rental credit, what was your experience like?

Conversations (45)
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  1. Alex Guest

    I was approved for the card on March 3, but I don't see the vacation rental credit listed as one of my benefits on the app.

  2. David Cook Guest

    I paid my apartment rent with the card (Essex Properties) in order to hit the minimum and it qualified for the vacation rental credit!

  3. David Fonoimoana Guest

    I received an email thanking me for booking a vacation rental with Capital One and that my current vacation rental balance is now zero. But I haven't book a vacation rental, a hotel, or anything similar that would count as a vacation rental.

  4. Y.S Guest

    Is the $200 credit only available once reaching the 10k spending threshold? Or even before ?

    1. Ben Schlappig OMAAT

      @ Y.S -- It's available even before.

  5. Amy Guest

    MGM hotel stay was credited as Vacation Rental Credit

  6. Andrew Diamond

    Hyatt Place Pasadena did not credit. At least not yet - it's been give days.

  7. FranP Guest

    I was in Mexico over the holidays and stayed at a small boutique hotel for a few nights. I charged my incidental expenses to the card when I checked out. I was surprised to receive the $200 credit. On the other hand I charged the room costs to my Chase Reserve and only received 1 pt/$ even thought it was a hotel stay. My bill just arrived so calling Chase tomorrow. Doubt I’ll get anywhere but worth a try!

  8. John F Guest

    While on a tour in Costa Rica (where lodging but not meals was built into the tour price), I got the vacation rental reimbursement applied to some hotel restaurant purchases which were treated as hotel charges.

  9. Very Satisfied Guest

    I recently earned my 100,000 miles after completing the spend requirement. I decided to use the Capital One travel portal to make a purchase that would utilize my points, $300 portal credit, $200 vacation credit, and the 5% cash back VRBO offer all in one transaction. I found a 4 day vacation rental in July in a place that my family always likes to visit in summer and booked a $1575 transaction. It took about...

    I recently earned my 100,000 miles after completing the spend requirement. I decided to use the Capital One travel portal to make a purchase that would utilize my points, $300 portal credit, $200 vacation credit, and the 5% cash back VRBO offer all in one transaction. I found a 4 day vacation rental in July in a place that my family always likes to visit in summer and booked a $1575 transaction. It took about 10 days for the $200 VRBO credit to post, it took about 4 days for the VRBO 5% (activating the offer beforehand was required) credit to post, it took about 2 days for the $300 travel portal credit to post. All in all, I'm very happy. I got a 4 day summer rental for my family in a place we love to visit and we usually pay cash for. I consider the cost of the trip the $395 I paid for the card annual fee. The other $1200 was covered by the card perks.

  10. David Guest

    Charged by 10 day mandatory hotel quarantine at a hotel in Jakarta, 200 USD applied within 2 days.

  11. Forest Guest

    I used my $300 credit towards booking two nights at a Kimpton in southern California. To my surprise, the $200 vacation rental credit then covered my incidentals.

  12. Chris K Guest

    Hi Ben
    Got a direct offer in the mail - applied and instantly approved with 20k credit limit. The mail offer letter didn't mention the $200 vacation credit. Any ideas if I will be eligible for the $200 vacation credit.
    Thanks in advance.

    1. Jeff Guest

      Incidentals I charged to the card also showed up as vacation rental credits.

  13. KJ Guest

    Does anyone know if purchasing airbnb gift card through the mileageplusX app trigger the credit?

  14. Aimee Guest

    Hyatt House Puerto Rico parking charges and hotel charge gave me the credit. Was a nice surprise.

    Hyatt regency Puerto Rico parking charges did NOT credit.

  15. Josh Guest

    Another data point: Got a membership to HomeExchange (use my link below for bonus points) and it was credited under the vacation rental bonus!

    http://www.homeexchange.com/?sponsorkey=josh-8da3e

  16. Pablo Guest

    I'm not 100% sure what triggered it but I have only done bookings on booking.com. I was happy to see it.

  17. AJ Guest

    Used venture x to book a week using redweek and that triggered the $200 credit

    1. Will Guest

      How long did it take for your credit to post?

      I just booked a Redweek Timeshare rental and charge currently shows as "REDWEEK RENTALS - Other Services".

  18. Jim Nathan Guest

    Just got my credit overnight after checking into a hotel in Medellin

  19. FunnyMommy Guest

    How do hotel rates and airfares offered by Cap One's Travel portal compare to direct booking at hotel or airlines websites?

  20. Asher Guest

    I charged my apartment rent to the card to help with reaching the sign up bonus and to my surprise the vacation rental credit got applied to that charge! Pleasant surprise!

    1. Juan Guest

      Did it categorize it as rental on the credit card statement? Mine was categorized as other

  21. Jess Guest

    I was surprised to get the credit for paying the parking charges for our prepaid stay in Madeira earlier this month.

  22. Rick Guest

    Just curious, which Kimpton did it work on?

  23. Art_Czar Member

    Charged a recent stay at a Kimpton to my IHG card - didn't think of using my Venture X.
    Just curious Ben - do you not use your IHG card when staying at IHG properties?

    1. Eskimo Guest

      I don't even use my IHG card. 3x on Citi or Chase usually gets me better value than 10x IHG.

  24. Matt Guest

    Stayed at a Marriott property in NYC, and the credit didn't apply. However, dining at a restaurant within another hotel in Germany a few weeks ago posted as "Lodging", and the credit applied.

  25. DeWeb Guest

    Got mail in offer stating it is valid till Jan 15, 2022.

    1. Eskimo Guest

      Can you explain more, what offer is valid till Jan 15? Just the $200 credit or the whole 100k?

      This would be a useful data point for other readers who didn't apply for the card yet.

    2. Mishas Guest

      I assume it just the individual mail-in offer - the usually specify a ‘respond by’ date, it usually has the same terms/benefits as the publicly available offer. The next individual offer will have the same terms, but a new deadline.

    3. Linda Guest

      Mine covered $200 of timeshare dues.

    4. Pam Guest

      Didn’t work on my timeshare HOA which is strange since codes as “Travel,” BUT credited on house HOA, coding as “Other Services.” Go figure but certainly welcome for a payment needed to make anyway.

  26. Mike Guest

    Paid my quarantine hotel in Bangkok with my Venture X and got my $200 credit within days.

  27. Hal Guest

    Booked a VRBO stay next year using the Cap One Venture X. $200 credit appeared immediately. Stacked with a Cap One order for 5% off too.

  28. Sb Guest

    Same! Exhausted the whole $200 in one shot…..by using card to pay for a Hyatt in Rome!

  29. lsbuffs Guest

    I was surprised to have the $200 credit post recently, despite no vacation rentals. I assume it was related to a recently hotel stay, booked through Hotels.com, classified as "lodging". The hotel stay was December 20, and the credit posted on December 23.

  30. Mak Guest

    I have to say that Capital One’s marketing is so bad I don’t understand the difference between their offerings. “Venture,” “Spark,” wtf? Just stupid celebrities with stupid catchphrases.

    1. JC Guest

      Well, what’s in *your* wallet? =)

    2. Eskimo Guest

      It's so bad that no one cares about the difference.
      The only question is, What's in your wallet?

  31. Sexy_kitten7 Guest

    There is a thread to track what counts. Helpful for ppl like me who rarely get hotels (and have never even stayed at A/V). Merry xmas to all who celebrate! https://www.flyertalk.com/forum/credit-card-programs/2057811-capital-one-venture-x-395-100k-points-10k-spend-6-months.html

  32. John Ryan Guest

    @ Merry Christmas, Ben! Greetings from Dubai!

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.

Kyle Guest

Mine did the same!

1
Asher Guest

I charged my apartment rent to the card to help with reaching the sign up bonus and to my surprise the vacation rental credit got applied to that charge! Pleasant surprise!

1
Rick Guest

Which Kimpton was this?

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