Link: Apply now for the Capital One Venture X Rewards Credit Card
The Capital One Venture X Credit Card is Capital One’s ultra-premium credit card, which entered the market in late 2021. It’s not often I give advice this generalized, but I think just about everyone looking to earn travel rewards should pick up this card, as it’s almost too good to be true. I wanted to take an updated look at the Venture X, to reflect everything we’ve learned about the card since launch.
In this post:
Details of the Capital One Venture X
The $395 annual fee Capital One Venture X is Capital One’s premium travel rewards credit card, competing with cards like the Chase Sapphire Reserve® Card (review). The Venture X offers a huge welcome bonus, a minimum of 2x Venture miles on all purchases, a $300 travel credit and 10,000 bonus miles annually, and unlimited access to Capital One Lounges, Plaza Premium Lounges, and a Priority Pass membership, for both the primary cardmember and authorized users.
This card almost seems too generous, so let’s go over the details.
Capital One Venture X welcome bonus: 75,000 miles
The Capital One Venture X is offering an excellent welcome bonus where you’ll earn 75,000 bonus miles after spending $4,000 on purchases within the first three months.
Personally I value Capital One miles at 1.7 cents each, so to me the 75,000 Venture miles are worth ~$1,275. This is one of the best credit card bonuses out there.
Note that you’re eligible for this card (including the bonus) even if you have the standard Venture product, so you can apply outright. While there may be opportunities to product change, you won’t receive the new cardmember bonus if you go that route.
Capital One Venture X annual fee: $395
The Capital One Venture X has a $395 annual fee, and there is no cost to add up to four authorized users (which is a major perk, given the benefits that authorized users receive).
For anyone who travels with any frequency, the annual fee should more than pay for itself, thanks to the ongoing perks, particularly the $300 annual travel credit and 10,000 anniversary bonus miles.
Capital One Venture X return on spending: 2x miles everywhere & more
The Capital One Venture X rewards structure builds on the basics of the Capital One Venture, but is even better. The card offers:
- 10x Venture miles on hotels and rental cars booked via Capital One Travel
- 5x Venture miles on flights booked via Capital One Travel
- 2x Venture miles on all other purchases
- The card has no foreign transaction fees, making this ideal for purchases abroad
Most noteworthy is the return on everyday spending, as the card offers 2x Venture miles per dollar spent. Capital One miles are extremely valuable, and can either be redeemed for one cent each toward the cost of a travel purchase, or can be transferred to Capital One’s travel partners, generally at a ratio of 1:1. Earning two airline miles per dollar spent is awesome.
Furthermore, ordinarily I’m opposed to booking travel through credit card portals, but Capital One Travel is well done and has some unique features, including savings on flights, 24/7 alert technology with price changes, a best price guarantee on hotels, and more.
Capital One Venture X perks: $300 travel credit, 10K bonus miles, & more
This is where the Venture X shines. As mentioned above, the Capital One Venture X has a $395 annual fee, but the card offers two major annual benefits:
- $300 in statement credits every cardmember year for bookings made through Capital One Travel; this can be applied toward any type of travel booked through Capital One Travel, including flights, hotels, rental cars, etc.
- 10,000 bonus Venture miles on the account anniversary every year; there’s no spending requirement to unlock this, and it’s worth a minimum of $100 toward a travel purchase, or could get you up to 10,000 airline miles (which I value at $170)
Between those two benefits alone, that’s $470 worth of value annually for a $395 annual fee card. And that doesn’t even account for the other perks (including airport lounge access), which I’ll cover below.
Furthermore, there are some more Capital One Venture X perks & benefits that are worth being aware of:
- The Capital One Venture X offers a TSA PreCheck or Global Entry fee credit once every four years
- The Capital One Venture X offers Hertz President’s Circle status for the primary cardmember and authorized users, offering perks like being able to skip the counter, guaranteed upgrades, free additional drivers, and more
- The Capital One Venture X is a Visa Infinite Card, and therefore offers other rental car perks as well, including National Emerald Club Executive status, and savings with Avis and Silvercar
Capital One Venture X lounge access: Capital One Lounges, Plaza Premium Lounges & Priority Pass
Capital One is opening up airport lounges, and the Venture X Card has some very nice lounge access perks:
- The Capital One Venture X offers unlimited access to Capital One Lounges, with the ability to bring two guests; the first lounge opened at DFW Airport, and is simply incredible, with Peloton bikes, grab & go food, cold brew on tap, and Rumana, the lounge superstar
- The Capital One Venture X offers a Priority Pass membership, with the ability to bring two guests
- The Capital One Venture X offers unlimited access to Plaza Premium Lounges, with the ability the bring two guests
Here’s the kicker, though — you can add up to four authorized users to the Capital One Venture X at no cost, and they also get the same lounge access benefits, including access to Capital One Lounges, as well as a Priority Pass membership. That’s unbelievably generous, and truly unrivaled.
Capital One Venture X purchase protection: rental cars, travel, and cell phones
One thing that a lot of people look for in premium credit cards is great purchase protection. The Capital One Venture X is a Visa Infinite Card, and as a result it offers some valuable peace of mind:
- For rental cars, the Venture X offers primary rental car coverage; just decline the collision damage waiver offered by the car rental company, and pay for the full price of the rental with your card
- For cell phones, the Venture X offers cell phone protection; just pay your monthly bill with the card, and you’ll be protected for up to $800 if your phone is stolen or damaged, minus a $50 deductible
- For flights, the Venture X offers trip delay reimbursement; pay for your airline ticket with the card, and if you’re delayed by more than six hours or have an overnight stay, you can be reimbursed up to $500 for reasonable expenses incurred because of the delay
- For luggage, the Venture X offers lost luggage reimbursement; pay for your airline ticket with the card, and if your bag is lost, you can be reimbursed up to $3,000 per trip
Of course you’ll want to consult the cardmember agreement for all the terms, since there are always some restrictions associated with this coverage. But this is incredibly well rounded coverage, and what I look for in a premium card.
Getting approved for the Capital One Venture X
Capital One can be a quirky card issuer when it comes to getting approved for cards. Anecdotal reports suggest that a lot of people are having luck with approvals for the Capital One Venture X, which is great. A few things to note:
- Yes, you are eligible for the Capital One Venture X (including the bonus) even if you have the Capital One Venture, but you need to apply outright; product changing doesn’t qualify for the bonus
- If you’re added as an authorized user on the Capital One Venture X (or any other Capital One card), you are eligible to apply for the card yourself in the future, and receive the bonus
- Capital One doesn’t seem to have any consistent rules when it comes to getting approved, at least not like Amex and Chase; people with all kinds of credit profiles are reporting approvals
- Capital One pulls your credit from all three bureaus when you apply, though personally I don’t consider that to be a big deal
Learn more about getting approved for the Capital One Venture X.
Why the Capital One Venture X is worth it
The Capital One Venture X is jaw-droppingly generous, and that’s not even accounting for the card’s welcome bonus. The card has a $395 annual fee, which is lower than the fees of other premium credit cards. But the card shouldn’t be costing anyone nearly that much, between the $300 annual Capital One Travel credit, and the 10,000 anniversary bonus Venture miles. To me you’re coming out ahead without even using the card for everyday spending.
That doesn’t even factor in that the card has huge value beyond that — the Capital One Venture X offers an industry-leading 2x miles per dollar spent, and most significantly, offers access to Capital One Lounges, access to Plaza Premium lounges, plus a Priority Pass membership, for both the primary cardmember and the (free) authorized users.
Applying for this card is an absolute no-brainer, in my opinion. While there are lower annual fee versions of the Capital One Venture, the math very much adds up here.
Capital One Venture X FAQs
There are some questions I’ve received over and over about the Capital One Venture X, so I figured I’d answer those in a consolidated way in the form of some frequently asked questions. If there are any questions I haven’t answered in this post, please let me know in the comments, and I’ll be sure to incorporate that as well. In no particular order…
Are you eligible for the Venture X if you have the Venture?
Yep, you sure are. You can just apply outright, and you’re eligible for the card, including the bonus. While there might be opportunities to product change, you generally won’t receive a bonus for product changing.
Can you product change to the Venture X?
If you have another personal Capital One travel rewards card, like the Venture, you may be able to product change to the Venture X. You’ll have to phone up Capital One to see what options are available to you. However, note that you aren’t eligible for the welcome bonus if you product change.
How many authorized users can you add to the Venture X?
You can add up to four authorized users to the Venture X at no extra cost, and they all receive Capital One Lounge access, a Priority Pass membership, and more.
What lounge access does the Venture X offer?
The Venture X offers a Priority Pass membership, getting you access to 1,300+ lounges around the world, with the ability to take up to two guests. Additionally, it offers access to Plaza Premium Lounges, with the ability to take up to two guests. Lastly, you can access Capital One Lounges, also with two guests. These perks apply both to the primary cardmember and authorized users.
What credit score do you need to be approved for the Venture X?
There’s not a specific credit score you need to be approved for the Venture X, though the card is generally intended for those with good to excellent credit. Capital One has fairly few consistent rules about approvals otherwise, and reports suggest that a lot of people are successfully being approved for the card.
What is the highest & lowest credit limit for the Venture X?
Since the Venture X is a Visa Infinite card, the minimum credit limit on the card will be $10,000, if you’re approved. Meanwhile the highest credit limit I’ve heard of for this card is $30,000 (though if anyone has received a higher credit limit, please let me know).
When does the Venture X welcome bonus end?
The Venture X is offering a bonus of 75,000 miles after meeting minimum spend requirements. I have no indication of if/when this bonus will change.
Is the Venture X card made of metal?
Yep, the Capital One Venture X is indeed made of metal.
How can you redeem the Venture X $300 travel credit?
The Venture X $300 travel credit is issued each anniversary year (including the first year), and can be used toward any purchase in the Capital One Travel portal. This includes purchasing flights, hotels, rental cars, etc. For most people this should be more or less good as cash toward travel.
How does the Venture X 10K anniversary bonus miles work?
The Venture X offers an automatic 10,000 bonus Venture miles on the account anniversary every year. This couldn’t be more straightforward, as the miles will automatically post to your account. You can redeem them whenever you’d like, however you’d like. 10,000 Venture miles could get you $100 worth of travel, or alternatively could get you up to 10,000 bonus miles with one of Capital One’s airline partners.
Is the Venture X a Mastercard or Visa?
The Venture X is a Visa Infinite Card, which is Visa’s most premium type of credit card.
Bottom line
Capital One’s premium credit card, the Capital One Venture X, has become incredibly popular with consumers in the short time since it was released.
This $395 annual fee card offers a ton of value. On the most basic level, you’ll receive a $300 annual Capital One Travel credit plus 10,000 bonus miles annually, which should cover the annual fee. On top of that you earn at least 2x miles per dollar spent, plus you get access to Capital One Lounges, Plaza Premium Lounges, and a Priority Pass membership, for both the primary cardmember and any (free) authorized users.
Very well done, Capital One! This is an innovative product that offers exceptional value. I’ve already picked up the card myself, and recommend others do as well.
What do you make of the Capital One Venture X?
Late 2022 update on this card:
* Priority pass losing restaurant benefits.
* None of the benefits (like Presidents Circle) work with their travel portal for the point multipliers.
* Their travel portal is god awful. Do you want to fly an international airline? Haha, this isn't Amex, get ready for the Spirit Airlines of OTAs.
* Apple Pay / Google Pay does not work internationally. (What? Is this a travel...
Late 2022 update on this card:
* Priority pass losing restaurant benefits.
* None of the benefits (like Presidents Circle) work with their travel portal for the point multipliers.
* Their travel portal is god awful. Do you want to fly an international airline? Haha, this isn't Amex, get ready for the Spirit Airlines of OTAs.
* Apple Pay / Google Pay does not work internationally. (What? Is this a travel card?)
* Their fraud system is borderline medieval. Printouts, physical mail, no presumed innocence. Astonishingly retro processes and technology.
Also, no retro AF refund. I'm going to be cancelling before I get that "mystic 10k bonus" for sure.
Can we please have a day that doesn’t involve opening credit cards ?! I love this site but everything revolves around people opening credit cards for USA residents, we don’t really use depend on credit in uk , if you can’t afford it , you save or don’t have it. :) what about other ways to get points etc.
CS:809, 6 years Avg credit history, household income: 220K, no new credit cards/no hard enquiries in last 2 years. No previous Capital One cards, very rarely do I carry balance on my cards. Approved for 30K today.
Hope this info helps out somebody.
I was rejected for this card in March, with a credit score of 730. Would it be wise to reapply now? If not, how long should I wait? My score is around the same now and my financial situation (which is good) hasn't changed.
Before you switch from Amex/Chase - the Capital One fraud system is awful. I'm fighting a massive fraud charge from an international trip - had something similar happen with Amex and it was resolved quickly and easily, and it felt like they were on my side.
Capital One so far:
1. Documents have to be faxed
2. My claim was closed without an explanation, called back, was told it was reopened because it...
Before you switch from Amex/Chase - the Capital One fraud system is awful. I'm fighting a massive fraud charge from an international trip - had something similar happen with Amex and it was resolved quickly and easily, and it felt like they were on my side.
Capital One so far:
1. Documents have to be faxed
2. My claim was closed without an explanation, called back, was told it was reopened because it was initially filed incorrectly
3. 2 weeks pass, no response, call back - no it was never reopened. I was missing one specific document that was 100% in the fax I sent, the case closing email did not mention that.
4. They're asking me to pay the $2,000 in fraudulent charges or face late fees.
I'm at 2 months in and I don't think they'll help - closing my card as soon as I can get my points out.
Called to cancel:
1. I was not able to downgrade
2. You don't get your annual fee refunded/prorated
There's a reason Chase/Amex are great to have at this level and Capital One is not there. Consider me an extremely unhappy customer.
Well shoot. Now I see this. 6+ months later they still have the same janky process. Will probably transfer my points out before my anniversary date.
Received an offer for the Venture X through a mass mailing. The bonus was 100k points at the time. Did my research and planning. It's only my third card, and would be the highest credit limit to date. Waited for my score to return to above 750 after the holiday spending and my zero balanced appeared on my credit report. Applied, and was approved for 20k. I keep looking through the travel portal for flights,...
Received an offer for the Venture X through a mass mailing. The bonus was 100k points at the time. Did my research and planning. It's only my third card, and would be the highest credit limit to date. Waited for my score to return to above 750 after the holiday spending and my zero balanced appeared on my credit report. Applied, and was approved for 20k. I keep looking through the travel portal for flights, but nothing to my liking so far. Applied for the P Pass the same week, was given digital account, and the physical card was mailed out with a week. Works nicely for my everyday spending. Can't wait to take it overseas.
Writing my comment in hope this may be helpful to anyone applying to this card prior to the March 14th deadline! Was really nervous about applying for this card that I put it off for months. I saw an IG post that the 100k bonus miles promotion was ending so I decided it was now or never.
For reference, I am a 24 year old woman, making $55k a year, living with my parents and...
Writing my comment in hope this may be helpful to anyone applying to this card prior to the March 14th deadline! Was really nervous about applying for this card that I put it off for months. I saw an IG post that the 100k bonus miles promotion was ending so I decided it was now or never.
For reference, I am a 24 year old woman, making $55k a year, living with my parents and my credit score according to nerdwallet is 740ish although realistically its probably lower like 720s or 730s. I have the Chase freedom unlimited (Fall 2020), Chase sapphire preferred (Summer 2021), and a small local credit card that my parents put me as authorized user since about 2018. This is my first capital one card and account ever.
I listed on my application that I 'sometimes' carry a balance, which was an optional question. I was instantly approved with 20k credit line. I also did not use any referral link, just went straight to the website.
I felt that many data points people provide on here are from people with ancient (sorry, you have accounts older than me lol) credit histories or make enough money in a year to provide for a whole decade of my life. I chose to apply to this card over the chase sapphire reserve for the lower annual fee and similar, if not better, travel benefits.
Hoping this is helpful to any young professional that pretty much doesn't know anything about credit card applications or approval odds!
Used your link: approved for 30k. I was wary because of a previous C1 rejection a few years ago for a Savor card despite immaculate credit. Used up a potential Chase slot, unfortunately, but still ok at 3/24.
Update: I absolutely regret applying for this card. Several days after applying, I received the card via FedEx. When I attempted to set up the online account, I got a message that the account was "restricted" until I verified my identity. It required me to call a customer service rep on the phone (major strike number 1). I spoke with this fraud specialist for nearly half an hour attempting to supply the info needed, namely...
Update: I absolutely regret applying for this card. Several days after applying, I received the card via FedEx. When I attempted to set up the online account, I got a message that the account was "restricted" until I verified my identity. It required me to call a customer service rep on the phone (major strike number 1). I spoke with this fraud specialist for nearly half an hour attempting to supply the info needed, namely a photo of my drivers license. The rep texted a link to which I was to attach a photo of the license, but it never worked. It kept saying there was a problem and that it was probably because the license was expired (it wasn't) or damaged (it wasn't). I tried multiple photos; nothing worked. Finally, the rep gave up and instead emailed a link to which I was supposed to upload the photos. This too did not work. I tried on 3 different devices (phone, tablet, computer), but it always said, "We are unable to upload the documents at this time. Please try again later." So I tried every single day for a week but kept getting the error message. And when I attempted to upload via my phone, it claimed there was an issue with the address on my phone not matching. This is a phone number I've had for 17 years; there is no problem with the phone. So today I called Capital One yet again (since a simple, efficient email is evidently not possible), asking if I could just send an email with attached photos. I was told no by the rep whose grasp of English was marginal at best. Instead, they wanted me to mail (yes, snail mail) the photos or to fax. Exasperated, I gave up. Having wasted hours on this matter by this time, I was not about to resort to 1980s technologies, probably only to have some other issues arise. I've never had such problems with Citi, AmEx, Chase, or Barclays. Only Capital One had me jump through ridiculous hoops and for no good reason. There is absolutely nothing in my history that should have triggered even the slightest fraud alert. The kicker, at the end of the call, I asked the rep to confirm I would not be responsible for paying the $395 annual fee given the fact that I never was even able to use the card a single time because of their byzantine system. The rep said, "oh, I don't know." Brilliant. I had foresworn Capital One because of a previous rejection years ago, but I gave them another shot this one time because of the effusive reports here. Never again. Having wasted quite a bit of my time this month, Capital One is permanently dead to me. I don't care if they offer a billion points as a sign-up bonus; they can keep it.
I just Pulled the trigger on the Venture X and got an instant approval! 30K credit line.
I was very reluctant to apply as CapitalOne has turned me down twice for the regular Venture card and I had sworn them off. Now to meet the big spend.
As a follow up, instant approval Thursday afternoon, card delivered Monday morning! (on a holiday)
$10k spend in 6 months to unlock the 100k points. That's a high bar for my household to spend in that time period. Unfortunalty going to take a hard pass.
Random question
Mr. Ben Schlappig
Do you still go by the nicknames
Coins or Lucky?
Also loved the card
Instant 30K, 10K spend won't be an issue, low 800s score
Probably replace Sapphire, Use AmEx Gold for restaurants and Groceries
AmEx Plat and Ink for Business
Haven't applied for a new card in years, over 2 mllion points built up but might as well keep adding, will be able to travel again soon
Had a weird experience that I wanted to share. Initially got the "regular" Venture card back in October. In late November I applied for the Venture X and was denied. Highly unexpected as I've never been denied for a card before. Pay off balances each month, plenty of income, 800+ credit score. Reason given in a follow-up letter was "you currently have a pending application or promotional status". Called the reconsideration line and they basically...
Had a weird experience that I wanted to share. Initially got the "regular" Venture card back in October. In late November I applied for the Venture X and was denied. Highly unexpected as I've never been denied for a card before. Pay off balances each month, plenty of income, 800+ credit score. Reason given in a follow-up letter was "you currently have a pending application or promotional status". Called the reconsideration line and they basically said it was too close since my Venture card was opened.
Reapplied today for Venture X and was approved instantaneously with a $30K credit limit.
Don't know if anyone else has experienced the same, but figured I'd share.
Used your link. Approved instantly for 30k limit.
I have a $6k purchase imminent, so this was a good find and getting the 100k bonus will be easy now. All of the other perks mentioned are still intact and - using Lucky's link - I was immediately approved at $30k like others. Score in mid 800's and good income, etc. While I use the Amex Plat and Aspire for most travel benefits (like Hilton Diamond, etc), I can easily see using the $300 travel benefit of this card, so it's a no-brainer.
Instantly approved $30K credit limit, credit score in low 800s, six figure income, always pay cards off in full every month. Was worried I wouldn't get approved as my only prior history with Capital One was a card I signed up for a few years ago, met the minimum spend for the bonus on, never used again, and then cancelled when the renewal came up. Additionally, I ran the Capital One "see if you're preapproved...
Instantly approved $30K credit limit, credit score in low 800s, six figure income, always pay cards off in full every month. Was worried I wouldn't get approved as my only prior history with Capital One was a card I signed up for a few years ago, met the minimum spend for the bonus on, never used again, and then cancelled when the renewal came up. Additionally, I ran the Capital One "see if you're preapproved for card offers" tool before applying and neither the Venture X nor the lower level Venture card showed up in the results. Very happy to be approved for the Venture X as this is a card I fully intend to put long term spend on between the earning rates and recent improvements made to transfer partners. When I signed up for my first Cap One card a few years ago, I didn't realize until after signing up that transfer rates were less than 1:1 at the time which made that card not worthwhile to spend on beyond the initial bonus.
I always wonder if i book hotel or rental car from Capital One travel, does hotel loyalty program still count my stay towards the loyalty program definition of stay? i ask because in the past if i book on expedia, the hotel always tells me, "oh that won't count towards my stay", Same with rental car.
@ LL -- Generally speaking you don't get points and elite perks when booking a hotel or rental car through a third party, including the Capital One Travel portal. That's why I'd generally recommend using the portal to book flights, as you do still receive elite perks and earn points when booking that way.
i see. thanks for the response Ben. Kinda defeats the 10x booking benefit :)
Data point. Score around 775, 24 open card accounts, average 5% usage, no monthly balance, no cash advance. First time application w Capital One - instantly approved for $30k. Location Silicon Valley
While this card has excellent travel benefits on paper, I have discovered a serious problem with the Capital One travel portal (capitalonetravel.com)
Over the last three weeks, I have twice failed to book United Airlines Business Class long haul flights on this portal. A Capital One travel representative confirmed that their travel portal continues to experience an issue with booking business and first class tickets with "certain" airlines. He wouldn't elaborate and he couldn't say...
While this card has excellent travel benefits on paper, I have discovered a serious problem with the Capital One travel portal (capitalonetravel.com)
Over the last three weeks, I have twice failed to book United Airlines Business Class long haul flights on this portal. A Capital One travel representative confirmed that their travel portal continues to experience an issue with booking business and first class tickets with "certain" airlines. He wouldn't elaborate and he couldn't say when or if this will be fixed. I had to book directly with United Airlines.
Not being able to book on the Capital One travel portal causes the following problems:
- I can't get the promised 5 points per dollar spent.
- I can't get the $ 300 annual travel rebate.
The Venture X representative gave me a paltry $ 50 credit on my account for my trouble. So, beware! If you like to book business or first class tickets on "certain" airlines, this credit card is not as good a deal as Capital One has led you to believe. This is a huge bummer for me.
Thanks Lucky,
Not sure what I was waiting for. Saw you write about this weeks ago. Was just approved instantly with a $30k limit. It's my first Capital One card and my main motivation was the built in travel insurance which my Citi Aadvantage apparently eliminated back in 2019, my business amex platinum doesn't offer it either.
For you data points; applied using your link, my credit score is 805, medium income.
@ Chris -- Thanks so much for the support and for reading, and congrats on picking up the card!
Hi Ben, Thank you for your expert advice.
I have seen many of your videos and write-ups, a big fan of your(s).
Applied via OMAAT link, Approved instantly $30K credit limit.
I have 770 credit score, I have another credit card with Cap1 (8 years old), and Opened a new CC in the last 3 months (non-cap1)
It was smooth. Thank you.
As a data point, just applied (using the link!) and was accepted, and was denied for the regular Venture summer 2021. I have high 700s credit, medium income.
Anyone know how soon the card arrives? Or is there any way to get my full card info? I have a large purchase coming up I'd love to put on it.
For those wondering, this card came in 3 business days, if you also have a big purchase coming up.
FYI - 817 FICO $180k income, former Capital One Mortgage holder, have 11 cards currently - instant approval $30K line. I recently dumped Chase Sapphire Reserve because of my awful experiences booking airfare with their portal (I liked the 1.5x credit but not the process) - prices never the lowest, long waits, no notifications of flight changes, difficulty making changes. I also still have Amex Plat (Amex gave me 100k to upgrade from my gold)...
FYI - 817 FICO $180k income, former Capital One Mortgage holder, have 11 cards currently - instant approval $30K line. I recently dumped Chase Sapphire Reserve because of my awful experiences booking airfare with their portal (I liked the 1.5x credit but not the process) - prices never the lowest, long waits, no notifications of flight changes, difficulty making changes. I also still have Amex Plat (Amex gave me 100k to upgrade from my gold) but I will cancel - I love Amex service but $695 is just too high even if I force myself to use benefits ($100 in Saks crap per year, plus Audible with more books than I can listen to, and I dont live in a city so no Uber use). My wife has Citi Premier. Chase and Amex priced themselves out of this game...
Does Capital One’s travel booking site allow you to put in corporate codes so as to book at pre-negotiates employer rates?
Applied through your link. Immediate approval for 30k limit. Only issue i had was that i was traveling abroad at the time so i had to use a VPN. Also contrary to another reader i could not get my number over the phone. But overall very easy process and fast customer support.
Unsure why this card is getting so much attention other than you are paid to promote it. The benefits and return is not good compared to other cards currently on the market.
if that is true, then you should give examples.
Ive been looking at credit card offers for many years, and the one Lucky describes here is pretty top notch.
You're buying 100k miles and a $300 voucher for future bookings (the rest of the benefits are garbage or redundant), at a cost of $395 AF, the opportunity cost on $10k spend, and 3 HP. I can do do much better.
For 3 HP and $10k spend there are a variety of ways to get >200k points for less than $200 in AF. Citi premier, CIC/CIU, Aeroplan, Alaska, etc. That ROI is much higher.
When...
You're buying 100k miles and a $300 voucher for future bookings (the rest of the benefits are garbage or redundant), at a cost of $395 AF, the opportunity cost on $10k spend, and 3 HP. I can do do much better.
For 3 HP and $10k spend there are a variety of ways to get >200k points for less than $200 in AF. Citi premier, CIC/CIU, Aeroplan, Alaska, etc. That ROI is much higher.
When are you people going to realize that prepaying for expenses on a portal, or through restrictive credits, is not worth anywhere close to face value? Nobody needs travel credits. It's not like a benefit that a cc company can uniquely provide better than others, like lounges, cell phone protection, etc. It's just a gimmick so that bloggers can dishonesty say "it's only net $95 AF!".
Data point. Used the Capital one X for a stay at the Hyatt House and my parking fees were credited by Capital one as the vacation rental credit. Then, by luck, the hotel accidentally charged me the point price they charge Hyatt for a point stay. I got that reversed at checkout, but it still went thru on my card. Capital one gave me the rental credit for that charge also.
Stayed at a Hyatt...
Data point. Used the Capital one X for a stay at the Hyatt House and my parking fees were credited by Capital one as the vacation rental credit. Then, by luck, the hotel accidentally charged me the point price they charge Hyatt for a point stay. I got that reversed at checkout, but it still went thru on my card. Capital one gave me the rental credit for that charge also.
Stayed at a Hyatt Regency after the Hyatt house and my parking charges there did NOT get credited with the vacation rental credit. I’m guessing the Hyatt house coded differently and is considered a vacation rental because the rooms have kitchens?
I have a stay in February at a Towneplace suites and a Doubletree. I’ll do a test charge at each and see what happens.
But, wanted to share my datapoint. It surprised me. I was dreading using the credit at a AIRBNB, and now will not have to.
Please help me with Application process...
During the final step of the application there is a pop up, indicating Capital One will use the provided mobile number for Identity verification. How do they do this ID verification?
Because I use Google Voice for all purposes and do not have any other number on major carrier like ATT Verizon or T Mobile or a land line for that matter.
Will this be a problem...
Please help me with Application process...
During the final step of the application there is a pop up, indicating Capital One will use the provided mobile number for Identity verification. How do they do this ID verification?
Because I use Google Voice for all purposes and do not have any other number on major carrier like ATT Verizon or T Mobile or a land line for that matter.
Will this be a problem for the application? I do not have any existing relationship with Capital One today.
Do transactions in foreign currency count towards the $10,000 requirement, and earn miles?
OK the last part I can confirm myself now, because a day after my international charges posted, I see them now also earning miles.
However, the spending counter in the mobile app still doesn't count those charges towards the $10,000 requirement, as of today...
I got rejected :( even though my credit score is way over 820. Too many revolving accounts was their reason.
If your credit score is "way over 820," wouldn't it be at least 830?
Can you book Southwest flights if you call into Cap One Travel? Also does the $300 travel credit earn 2x or higher when being used?
No. Southwest doesn't allow 3rd party booking on any OTA. Why do people constantly ask this question?
Because it’s a very important question
it’s an important question in that it shows that the person asking it is a total noob.
Does that mean you had to cancel the card? I'm in the same situation as a US citizen living overseas and was instantly approved. I have no US mobile phone number but will receive the card in a couple of days and will need to activate it. Is there no way around it? Can't you just call Capital 1 and tell them your situation?
I'm in the same situation. You can activate it online after you receive the card using the 3 digit code on the back.
Careful if you’re in Canada. I’m an American with a US mailing address and great credit rating and was immediately approved with a $30k limit. However to activate the card, a US phone number is required. Without it, it can not be activated nor access to your account online is possible
Does that mean you had to cancel the card? I'm in the same situation as a US citizen living overseas and was instantly approved. I have no US mobile phone number but will receive the card in a couple of days and will need to activate it. Is there no way around it? Can't you just call Capital 1 and tell them your situation?
Can't you use a google voice # or something?
It wouldn't let me use Google voice.
The application process didn't accept your Google Voice number? or it did initially and threw an error when you hit Submit button?
Just got approved! Once I get my card, can I move all capital one points to new card and close my Venture card when the annual fee is due in a few weeks? Don’t want to lose points and don’t want to pay AF for a card I won’t use. Thanks
Yes, you can do exactly that. But I find that it makes more sense to call and request product change of the old card to one of their others with no annual fee. That way your credit history and total credit isn’t reduced. They offered me the VentureOne which has no annual fee. Just use it 1x per year to keep it open.
I’m hesitant to do that since C1 can be more picky than other lenders with the number of accounts with them. I’m closing mine since just approved for the X & AF coming due
Is purchase protection included? That (and centurion lounges) are literally the only things Amex still has going for itself.
I may or may not apply. I've had bad luck with Capital One, been denied twice in the last five years, and I'm RARELY denied for any other cards. Good 800+ credit score, no late payments, but I'm definitely a churner and maybe Capital One sniffs out churners more aggressively than other issuers.
I picked the card up and will likely cancel my Amex Plat when the AF comes due. One thing I found of interest is that I received Hertz President's Circle, though both destinations I have attempted to book a rental did not offer Hertz as an option. I can book numerous models via Hertz directly, but it's a no go on the C1 portal.
FC1! First C1 application, under 5/24, 800+ credit rating and six figure high income.
Hi Ben, thanks for the great article. Do you know if the lounge can be accessed upon arrival? Also, do you know the tentative day of the lounge opening at DEN?
Karo
@ Karo -- Capital One Lounges can only be accessed on departure, and not on arrival, unfortunately. As far as the Denver lounge goes, all we know as of now is 2022, and no timeframe beyond that has been given. Based on that, I'd assume it will be in second half of 2022, but who knows.
Not that it would necessarily change the top-line advice re product-switching, but I'm a current Venture cardholder and got an email yesterday offering a 50k bonus to product-switch to the X (so unless I'm unique, not the case that you'd get no welcome bonus if you switch).
Slow week eh? Recycling old articles..
I would just warn everyone that Capital One is BY FAR the shadiest of the credit card companies. They employ all sorts of tricks. If you do get this card, keep a close eye on them. The card is tempting, but given their history I'm not sure it is worth it.
Has anyone tried to use the $200 airbnb or vrbo credit? I can find no info on CapOne site or even mention of it. Do you just use card and hope it credits the $200?
Yes, the credit is straight forward. I recently made an Airbnb booking and received a statement credit three days later.
Thanks!
I stayed at a Hyatt house last month and the parking charges were the only spend I had. Capital one credited me the charge under the vacation rental credit. I had a stay the same week at a Hyatt regency and the parking charge there did not give me the vacation rental. Just luck, I guess!
Just a data point for everyone.
140k Income, 5k monthly spend 810 Credit - was instantly approved for 30k credit line
This card is a no brainer - ontop of 100k bonus, first year $200 vacation rental.
Annual fee is $395, but comes with 300 travel credit, 10k annual bonus points, and all other perks.
If you use my referral I'll greatly apprecaite it!
https://www.capitalone.com/credit-cards/lp/referrals/?referralCode=1BQ5EMJJ&customerName=Richard&programCode=3014&pId=923812
Just a data point for everyone.
140k Income, 5k monthly spend 810 Credit - was instantly approved for 30k credit line
This card is a no brainer - ontop of 100k bonus, first year $200 vacation rental.
Annual fee is $395, but comes with 300 travel credit, 10k annual bonus points, and all other perks.
If you use my referral I'll greatly apprecaite it!
https://www.capitalone.com/credit-cards/lp/referrals/?referralCode=1BQ5EMJJ&customerName=Richard&programCode=3014&pId=923812
Isn’t every deal for Americans a “no brainer”, till they go bankrupt?
Next time try using the phrase “IMO”…
780 fico, 8/24 with some balances on 0 apr (~5k) . Applied through the link here and was asked to verify my income on Friday, so I sent three recent bank statements and got an approval today (Monday) morning.
Really wanted to go this route for a premium card since 95% of my layovers are in DFW, and Amex is going to be charging for guests next year. But Capital One declined me. I even called for reconsideration, and got double declined. I guess my 825 credit score and 15 years of never missing a payment was too risky? Haven’t opened any accounts in the last six months either. Guess I’m still looking for the perfect premium card. If you like pina coladas…
Received the physical card via FedEx 3 days after applying. Other card issuers could really learn something from Capital One (I'm talking to you Chase & Barclay esp)
Approved with a 800+ score. 2/24, previously rejected for the Venture. Wasn't holding out much hope because my utilization is basically 1-2%. Answered Often to carrying balances and Yes to cash advances, so that might help ;)
Applied using your link; it's the least I could do considering the value I've received from both the blog and you over the years, so thanks for that.
Instantly approved.
I'm one of the ones who did have to upload a photo of the back of my driver's license.
Thanks for all you do, Ben (and Tiffany and Jimmy and everyone else!).
When did you have to upload a photo of the driver's license?
Who cares! This premium card has the same benefits as other cards on the market. It's not that interesting. These days high reward cash cards are best.
Denied unfortunately :( ~775 credit score, no existing accounts with Capital One, and currently at 7/24, although one of them was being added as an authorized user on the AmEx Platinum (which will go as a new account on your credit report for anybody curious). I selected student instead of employed which may have been an issue, and my income isn't that high, although I was approved for the Citi Prestige last December with similar numbers.
Hello, can an authorized user be added when filling out application form?
Is credit score of authorized user taken into account or is it only main applicants credit score?
Is there any score impact on authorized user - any pulls etc.?
Thank you!
I don’t know how I would be able to transfer to the airlines I fly most: JetBlue, United, Delta, is there a way? Otherwise it’s really not very useful
@ Ann -- While you can't transfer miles directly to those currencies, you can redeem them through the Capital One Travel portal towards flights on those airlines. Alternatively, you could transfer them to other partner programs, and then redeem on those airlines. For example, you can transfer Capital One miles to Avianca LifeMiles, and then redeem on United.
Lucky,
Can I get this card if I live in US territory like USVI? On application I cant find VI in the pull down menus. Is there a work around? I do not a taxpayer in the mainland US. Thanks.
@ Rafa -- Interesting question. Based on doing some online searching, it seems that unfortunately most Capital One cards aren't available to those in Puerto Rico or the US Virgin Islands.
Sorry to hear that. I guess I will stick to Chase and Amex. Thanks for your research.
Hi Ben. I do live in PR and was approved (20K SL). PR appears on the state list when you apply. Still waiting sor the card to arrive.
If you have a stateside mailing address (family or someone who will forward), you can get the card and then choose paperless on-line statements. Just have to remember the stateside ZIP code if you need to call Cap One.
Applied yesterday using OMAAT link: it took a day to process since I have a fraud alert on my account. Last time with the Venture card it took a few days before I got that call back.
The phone call went smoothly and I got approved quickly right after with a 30k limit! Very excited about this card and makes me think about cancelling the Amex Platinum.
@ Tahsin -- Thanks for the data point, and thanks for the support!
Used the link and was instantly approved with my 836 credit score for 30K Thank you!
@ OldCrowAZ -- Congrats, and thanks for the support!
Who uglified his site first with this garish wallpaper - you or Leff?
Yawn...
I am not exactly sure what the hype, complete with websites being plastered garishly with the Cap One logo, is about considering that, except for the signup bonus (with a steep $10K spend requirement), one can get pretty much the same things with the CSR, without incurring "points currency dilution" by beginning to collect points in yet another points currency denomination. I am already collecting points in Chase UR and AMEX MR. I do...
Yawn...
I am not exactly sure what the hype, complete with websites being plastered garishly with the Cap One logo, is about considering that, except for the signup bonus (with a steep $10K spend requirement), one can get pretty much the same things with the CSR, without incurring "points currency dilution" by beginning to collect points in yet another points currency denomination. I am already collecting points in Chase UR and AMEX MR. I do not need to start doing it in another denomination.
This clear imitation (the most sincere form flattery) of the CSR is yet another example of the virtual "revolution" that the launch of the CSR ushered in with a big bang, and of the card's enduring and timeless value:
- 10x Venture miles on hotels and rental cars booked via Capital One Travel - the CSR gets you this via UR booking and offered it first.
- 5x Venture miles on flights booked via Capital One Travel - the CSR gets you this via UR booking and offered it first.
- 2x Venture miles on all other purchases - the CSR gets you 3x on dining and travel, two of my biggest spend categories, while the CSR's sidekick, the CFU, gets you 1.5x on everything else. That combination, in my view, trumps Cap One Venture's 2x
- The card has no foreign transaction fees, making this the ideal card for purchases abroad - The CSR matches this as well. In fact, it is the only card I use overseas other than co-branded hotel cards.
Advantage CSR, which, in addition to matching Cap One Venture blow for blow on the above and other features but the 10K annual bonus (no big deal), still gets me 10x on Lyft and, though I prefer other redemption avenues, can get me 50% value by redeeming through UR, etc, etc...
So, yawn, even though with a credit score of 830 and a credit use of 1% (0% when banks report my CC balances this month), I should be easily approved...
Applied using your link, Lucky, and was approved!
I have a similar profile to a lot of others who got denied (800 credit score, good income), but I think the thing that got me approved was having a checking account with them. I set it up in anticipation of Capital One creating a high-end credit card.
I don't post often, but read every day. I really appreciate the amazing content - sometimes it's what turns a bad day into a good one.
@ Ryan -- You're too kind, thanks for the kind words and support. And congrats, enjoy the miles!
I don't see the appeal. Why do people get caught up on 2x back? Most of my spend is in categories where I receive 2-5x back with a Chase or Amex card.
@ Will -- Sure, there are cards with better bonus categories out there, but there aren't many cards that offer such a rewarding structure for everyday spending.
But I think you have to step back and look at the card bigger picture. Capital One is essentially paying you to have this card, between the $300 annual travel credit and 10K bonus anniversary miles. And then you get Priority Pass memberships and Capital One Lounge access...
@ Will -- Sure, there are cards with better bonus categories out there, but there aren't many cards that offer such a rewarding structure for everyday spending.
But I think you have to step back and look at the card bigger picture. Capital One is essentially paying you to have this card, between the $300 annual travel credit and 10K bonus anniversary miles. And then you get Priority Pass memberships and Capital One Lounge access not only for you, but also for your authorized users.
So it's not any one thing that makes this card amazing, but rather a combination of everything -- by my valuation of things, Capital One is basically paying you to hold onto a card that offers a great return on everyday spending and an awesome lounge access perk. That doesn't even factor in the welcome bonus of 100K miles.
What form of ID is required for this credit card? Other Capital One credit card applications require a DL or State ID. Is it the same for this one as well?
@ Sid -- I didn't have to provide any sort of ID. It seems that some people are being asked to upload their driver's license (or something), but that seems to be the exception rather than the norm.
This is very tempting (not sure about using the Travel Portal, tho' -- the Chase Portal is a nightmare and the CSRs can't help if something goes sideways). But it seems like a much better deal than my Sapphire Reserve which is due to renew this month at $550!
I froze all three credit bureaus after the T-Mobile breach. Which one do I unfreeze to apply for this -- or all three?
@ MJ John -- Personally I'd recommend unfreezing all three. If you unfreeze just one or two, you might get denied for not all credit reports being available.
I applied and was denied. Wife who has the same scores and profile instant Approval for 20k. Go figure? By the way Ben we used the OMAAT link. Thanks.
@ Cmorgan -- Thanks for the data point, and for the support. Very strange how you were denied but your wife wasn't. Hmmm...
Instant approved. Around 760 score, and showing $12k/$150k utilization. I answered often carry balance. I have a checking and savings with them that has probably been open 10+ years. 1/24, but 3 additional pulls /24 for biz cards. About 16 open cards.
Instantly approved with 30K credit limit and a score of 830. Second card in more than 2 years and first Capital One card I applied for (have one additional card that is now Capital One).
795 credit score, 11% credit utilization. Was DENIED. Unbelievable. Makes no sense.
Ben - were you able to figure out if miles can be transferred between the main cardholder and the additional cardholders? This would be a valuable source of flexibility which might just be enough to convince me to drop my CSR in favor of the card?
@ Eoj -- I'll ask about it, but haven't been able to determine for sure yet. I think it's possible, but am not 100% sure yet.
Was looking forward to this. Applied with your link. Denied.
Just for reference for everyone else: FICO ranges from 735 to 690 depending on the credit report. Have approx. 18 year clean and never late history. Only issue is that I carry heavy monthly balances (50% utilization) as the founder and CEO of a startup, even though they're paid off each month, it's never times good with my credit report so it looks like...
Was looking forward to this. Applied with your link. Denied.
Just for reference for everyone else: FICO ranges from 735 to 690 depending on the credit report. Have approx. 18 year clean and never late history. Only issue is that I carry heavy monthly balances (50% utilization) as the founder and CEO of a startup, even though they're paid off each month, it's never times good with my credit report so it looks like I have a ton ($300k) of revolving debt.
I really want this card, so may have our accounting department pay that all down before statement closing in the coming month or two and try to time another application for this card when my score bounces up to 780 for that brief five day period. lol
Any idea when Capital One website will have the link available to update Hertz status?
Do someone know how long it takes to receive Priority Pass Membership access from the date of approval?
Applied via the OMAAT link and was instantly approved. Said I'd have my new card in three business days! Time to chip away at that $10K for the bonus. Thanks, Ben!
@ Pauls98 -- Thanks so much for the support, I appreciate it, and congrats!
Is the 100k point bonus available to those who want to upgrade? For example I just upgraded my Amex gold to platinum- same card #, got 100k bonus and minimal credit check impact as it was upgrade not new application.
@ Devon Rogalski -- The bonus is only available if you apply outright. While a product change might be possible, Capital One isn't currently offering a bonus for doing so.
Thanks. Approved. Planning to cancel my now redundant venture. Do I need to do anything regarding existing points or will they remain and tie to my name/ existence of capital one account? Thanks
@ Devon -- Congrats! You should be able to transfer them over on Capital One's website, just to be on the safe side (I'm not sure if it would happen automatically or not if you just closed the account without doing so). More details on that here:
https://onemileatatime.com/guides/transfer-combine-share-capital-one-miles/
Similarly, ehat's the best time to dump my Amex Bonvoy card once approved for this card? Anything to watch out for? Appreciate any hints
Approved. Used the OMAAT link.
740 credit score. 8% utilization. No Capital cards but opened 5 others in the last 12 months. Was actually declined for the other Capital Venture card about a month ago.
Chose not to answer the optional questions during application (although did that last month when declined, so not sure it helped).
Thanks Ben!
Approved for $30k. No previous Capital One cards. 2 accounts opened in the last 2yrs. 800+ credit score.
@ Aerov53 -- Thanks for the data point, and congrats!
Not approved with an 800+ credit score... I am so over capital one.
Used your link also.
Wife was also denied. She has a 760 credit score and is under 5/24. No clue what they are looking for.
Just for another data point, referred my wife to the amex aspire card immediately after her capital 1 denial (and mine) and she was instantly approved. She'll spend 4k there while I spend 25k on my gold to get a 100k referral bonus. I'm literally upset with Capital One. I have no clue what they want. Ben, any idea? I was over 5/24 with an 800+ credit score, but my wife was under 5/24 with...
Just for another data point, referred my wife to the amex aspire card immediately after her capital 1 denial (and mine) and she was instantly approved. She'll spend 4k there while I spend 25k on my gold to get a 100k referral bonus. I'm literally upset with Capital One. I have no clue what they want. Ben, any idea? I was over 5/24 with an 800+ credit score, but my wife was under 5/24 with a solid (760), not great credit score. We both applied for the Venture card through your link when it was a 100k bonus a few months ago and were both denied. I'm really not sure what we're doing wrong with regards to capital 1. Honestly, love the blog and always try to use your link when it's the best offer.
@ Andrew -- Thanks for the support, and sorry to hear about your frustration, because I'd feel the same way. Can I ask how many cards you and your wife have opened in the past 24 months? Or is there anything else that might seem unusual to Capital One? Trying to figure out what the issue could be here...
I'm at 6 in the last 24 months. She's at 4 in the last 24 months but soon to be at 2 (in 3 more months). I have 14 total cards open so I kind of get my predicament, but my wife only has 6 so I'm a little more confused by her denial. I guess we'll wait to hear what capital 1 has to say. The Amex referral will dominate my spend for the...
I'm at 6 in the last 24 months. She's at 4 in the last 24 months but soon to be at 2 (in 3 more months). I have 14 total cards open so I kind of get my predicament, but my wife only has 6 so I'm a little more confused by her denial. I guess we'll wait to hear what capital 1 has to say. The Amex referral will dominate my spend for the near future and then she'll be under 5/24 so we'll go back to Chase (try to use your links!). I'll also be at 48 month for the sapphire card so I can downgrade and get a new sign up bonus. Both of us have never been denied except for Capital One (now twice each for the venture and X). I've done plenty of Amex, Chase, Citi, Barclays, and BoA (have checking with them so I have a longer leash). I read your blog and try to follow the rules to a T, but I am always confused by capital 1.
Any idea how long the offer will be valid for? Looking to complete the spend on another card before signing up for this one. Thanks!
@ Sel, D. -- Unfortunately the end date hasn't been published, so all we can do is speculate.
LOL, turned down again. I have no idea why these clowns at C1 don't want my business.
I am looking for the original documentation to confirm that the Priority Pass works at restaurants and for up to two guests. I do not see it in the footnotes or in the Visa Infinity Card Guide on their website. Do you have a source for this information from Capital One?
@ Enb -- I can try to find the public written documentation, but I've had this confirmed officially from a Capital One contact.
Applied using OMAAT link! I had the Venture Card for 3 years so far, but if I get approved for this then I might just downgrade the Venture card to no annual fee card and make this one my primary Capital One card!
@ Tahsin -- Thanks for the support, I appreciate it! And crossing my fingers you get approved.
Was instantly approved for C1 X with a $30k limit, which is the highest limit I've ever been approved for. For anyone tracking approvals/declines, I have a current C1 Miles no-fee card that I've had for over a decade but have not applied for another C1 card since getting that card. I also have a total of 22 cards currently open, mostly no fee cards, and a credit score right above 800.
I take the...
Was instantly approved for C1 X with a $30k limit, which is the highest limit I've ever been approved for. For anyone tracking approvals/declines, I have a current C1 Miles no-fee card that I've had for over a decade but have not applied for another C1 card since getting that card. I also have a total of 22 cards currently open, mostly no fee cards, and a credit score right above 800.
I take the $300 travel credit at face value since I will easily use it up at non-points hotels or rental car, which I don't mind booking through a travel portal like C1. The remaining annual fee of $95 is easily covered by the 10k in points given annually, even if you don't have any spend on the card.
Not sure why anyone would not want this card. I see people mentioning that they feel like their Plat AMEX or CSR is better but neither of those cards have 2 points/$ for all non-bonused spend. And neither of those cards easy bring their annual fee down to $0 without jumping through more hoops and valuing their myriad of benefits at high levels. I actually have both a Plat AMEX and CSR but this new card is making me think it's time to ditch one of my premium cards and it's probably the Plat AMEX.
Sorry Ben. Applied and was accepted before you posted the link! Guess I was a bit too quick!
Applied and approved instantly with $20K credit line, this was my first time applying for a Capital One card. Happy to support OMAAT link!
@ Izz -- Thanks so much for the support, I really appreciate it!
Decided to apply, and to my surprise instant approval (credit score over 800, but ~20 open accounts so I thought that would mean instant decline).
Dumb question but does anyone know how to get Hertz status? I can't find any link on C1's website.
@ Clem -- Woot, happy to hear you got approved. Will have a post soon about the Hertz status, stay tuned.
10k in 6 months I think is too much for me
The ad all over the background on the front page has made the website unusuable! Honestly who's idea was this??!?!?
Probably the same genius who started sprinkling multiple, pop-up, self-playing video windows in every post. Really obnoxious. About as annoying and spammy as it gets. Buh by.
> "including savings on flights, 24/7 alert technology with price changes, and the ability to freeze the price of a flight and come back 14 days later to book it."
Are you saying the C1 travel portal discounts airfare compared to other sites like Kayak? How limited is this? Also is there a fee to freeze a price for 14 days? Thanks.
Too bad its Capital
Instant decline - 800+ credit, no previous cards with Capital One, 5 cards opened in last 24 months.
Same here with an income approaching 7 figures, 800 score and never delinquent on payments. 5 cards also in last 24 months.
@Lucky, same concern here. Does Capital have any rule similar to 5/24? I have a fair number of cards and just went under 5/24 end of last month.
@ Quo Vadis -- Nope, no 5/24 rule. I outlined Capital One's policies in a separate post, which you can find here:
https://onemileatatime.com/guides/capital-one-venture-x-approval/
Same here. High income, no debt, instant decline
Instantly declined with a similar data point here (800 credit, exactly 5 other cards opened in the last 24 months) but I do have 1 card with Capital One already - my first CC that I got 20 years ago this month (11/2001), which still has a low limit (couple thousand dollars), so I never closed it (but also haven't put any spend on in a few years).
Instant approval for X this morning!
Are miles able to be used for Delta flights?
Can you share if you expect to have a referral link in the near future? I figure they won’t launch referral links immediately, but I’m happy to wait a bit so you can get your well-deserved kickbacm. I know this is your bread and butter, and loyal readers can definitely be patient if you will have access to the best public offer *eventually.* Feel free to shoot me an email if I should wait to...
Can you share if you expect to have a referral link in the near future? I figure they won’t launch referral links immediately, but I’m happy to wait a bit so you can get your well-deserved kickbacm. I know this is your bread and butter, and loyal readers can definitely be patient if you will have access to the best public offer *eventually.* Feel free to shoot me an email if I should wait to start evangelizing this card to friends and family but you can’t respond publicly.
@ Brewer -- That's very kind, thanks for the support, I really appreciate it! I should have a referral link shortly, around the same time that the card goes live publicly. I'll update this post when that happens.
Do we know when it is going live? Waiting for your referral link as well.
@ Drew -- Any minute now, and I should have a link then. Thanks so much for the support, as I'll be updating the post shortly when it's live.
I'm starting to wish cards weren't made of metal anymore. Did you know Amex no longer sends self-addressed envelopes to dispose of their metal cards? They say it's up to us to find a way to destroy them, or send them to some place in Florida where they will handle it.
But regular postage won't cover the weight - just what I need: to send first-class mail because Amex is too cheap now that they...
I'm starting to wish cards weren't made of metal anymore. Did you know Amex no longer sends self-addressed envelopes to dispose of their metal cards? They say it's up to us to find a way to destroy them, or send them to some place in Florida where they will handle it.
But regular postage won't cover the weight - just what I need: to send first-class mail because Amex is too cheap now that they raised their fees to $695. Shareholders clearly are expecting to cash in now.
Go to any auto shop and ask them to torch it. They'll actually smile the whole time they are melting your card.
???
Had my Amex Platinum replaced in late August and they sent along with my replacement card a self addressed envelope to send my old card back.
Hello. Sorry, do you happen to know if I’ll be able to product change from Venture One to this? And if yes when. Thank you.
I think the Capital One Travel Portal is what will make or break this card since it seems like that's how you use most of your benefits. I love transferring to travel partners on my Sapphire Reserve Card but the Chase Travel Portal leaves much to be desired.
Excited about this one. @lucky, for those of us with Venture already, if we apply, and get approved for this, what would you recommend product changing the old venture to?
@Lucky do you have to use the Venture X when booking Hertz to get the President's circle features or will i just need to link my accounts and ill have Pres Circle status as long as i have the card. I have to use my work card for rentals but would love auto Pres status.
I am waiting for an answer to your excellent question - can we book with Capital One and still get President's circle, or do I have to book through Hertz? An important point!
@Lucky - how do you value the Hertz President’s circle status, if at all?
Does Capital one still have a 2 card limit?
@ JDW -- I believe Capital One does unofficially limit people to two personal credit cards, excluding co-brands.
This is a very nice travel card to have. It’s not for me, as I have a $59 Venture and Amex, but something I would have jumped on if available when I first got the Venture.
Great in every way except one - requires travel portal use. No way. CSR for booking flights has been a disaster for me (no notifications, higher costs, wrong info) so I just canceled my CSR. Amex is a little better, but I only use it sparingly for hotels. I much prefer buying from the hotel or airline directly. I have PP from Amex Platinum so who needs another card unless I cancel? My wife has Citi Premier - who needs Capital One?
Million times better to deal with for 1 flight than craptastic horrific amex travel credit. I hate it so much I'm cancelling Amex plat unless my retention is insane.
Yeah i dont get the big drawback of booking through portals. I understand the complication if your flight is canceled but for hotels i love it. Sometimes you get better deals and if im paying less for the room i dont care about the worthless hotel points that im not getting. Plus if you go to a place like napa where there arent many branded points earning hotels anyways its best to book a small inn through one of these portals.
I have to agree with you. My worst flight reservation / change experience ever came from redeeming a *refundable* business class ticket through Citi's travel portal. Short story: I had to pay AA extra money ($50 / ticket) to 'eject' them from Citi's reservation system so that I could change the booking.
I'm never doing that again.
Oh wow, I just signed up for the Capital One Venture regular card ... any idea if the bonus will be available to people who have gotten the Venture card? Thanks!
@ KW -- Yes, I'm told those who have the Venture will also be eligible for the Venture X. However, Capital One does often make people wait six months between opening new accounts.
The following benefit looks interesting: “The ability to freeze the price of a flight and come back 14 days later to book it”.
Would this be a 14 day hold of the ticket and is there any obligation to buy it ? Does this work for all fare classes ?
Doesn't say anywhere it's free.
Many airlines are already charging nominal fees to 'hold' the price.
Triple pull just to get told that your credit score is "too good" is the most cap1 thing ever.
That is ridiculous.
I was already planning on dumping my Amex Platinum, which I love but I refuse to stomach the new $695 annual fee. If I can can get the 100K bonus while upgrading my Venture Rewards card, I'll probably jump all over this.
Yup you and me both brother!
Yep. Been holding AMEX PLAT for about 5 years. It's time to part ways. TOO EXPENSIVE. I use it mostly for the lounge perk. I'm going to keep it until my anniversary and get my travel credits first. I guess I have to bring 4 bags on my ski trip to make the most of it.
If you have a venture with an authorized user already can you apply for this? And/ or product change?
@ JD -- Yep, you could indeed apply. There might be product change opportunities as well, but you wouldn't earn the welcome bonus then.
Interesting, but: 1) The transfer partners for those who mostly travel within the US seem pretty bad...? No transfer to UA, AA, DL, or SWA, no transfer to Marriott, Hyatt, or Hilton...unless I'm missing something? 2) Is anyone else worried about the C1 lounges (well, just lounge, for now) being overcrowded from Day 1, given the guest policy and AU policy?
I agree. C1 transfer partners are horrible and having to book thru the portal to get the travel credit makes it useless to me. I'll stick with my CSR.
When will it be available to apply?
Nov. 9
How about primary rental car insurance coverage to go with that 10x on rental cars through the portal - any word on that??
If it's a Visa Infinite, which is confirmed, it should automatically include primary rental car insurance, AFAIK, which is huge.
Agreed. Honestly downgrade to CSP or freedom and get the VX card.
Oh snap. There goes paying $15 extra for every Amex rental car booking to get primary insurance.
In summary: this is a finishing move by Capital One. Why would anyone pay for Amex Plat anymore?
Will there be a referral points bonus if my husband or mom also gets one?
This… might kill my CSR. Wow.
I need to really run the numbers but at first glance it looks really, really good.
for sure. I cancelled my CSR after 6 years and applied for C1 X this morning. was a no Brainer for me.
HI Ben
can you please change the default setting of your cookie policy? Right now, it automactically allows third party cookies to track us if they "think" it is a legitimate interest but we all know that they can be sloppy in their definiation becuase there is no policing. To object to these, I have to select all of them individually, which is a pain. Most european sites give an option to object to all...
HI Ben
can you please change the default setting of your cookie policy? Right now, it automactically allows third party cookies to track us if they "think" it is a legitimate interest but we all know that they can be sloppy in their definiation becuase there is no policing. To object to these, I have to select all of them individually, which is a pain. Most european sites give an option to object to all but your website does not, yet the defaul is allowing them to track your readers...
Another EU bullying the world to conform with GDPR.
Might stop Zuck to legally deny of watching but it can't stop big brother from watching or State sponsored hackers or scammers.
You think they have time to enforce every violations?
It's like giving tickets to every one jaywalking or parking meter that expires by 1 minute.
False sense of security. Might even be a conspiracy.
Will access into the Capital One lounges for guests be capped like AMEX is going to? Centurion Lounge cutting access to anyone beyond the cardholder really hurt me since we are a family of 4. I would scoop this card up if my family can use the lounge especially since we are DFW based.
@ Jon -- You can bring two guests with you at no extra cost, plus kids under two years old. On top of that, you can add up to four authorized users at no cost, and they get the same lounge access benefit.
Quick question on authorized users and lounge benefit.
Do the authorized users ALSO get 2 guest benefit as well?
If yes, that would mean 1 card = 12 people lounge access at same time
If no, that would mean 1 card = 6 people lounge access at same time...
Correct?
Have to think this would lead to a crowding problem if the lounge is any good... a la Centurion.
This is one of many reasons my Amex Plat is getting canceled. Raise the fee and then announce you’re ruining one the the main reasons to have the card for people with families.
Are you sure that the authorized users will also get Priority Pass memberships? It sounds too good to be true for a $395 with no authorized card fee. How about Global Entry?
@ Toys Samurai -- I'm 100% sure, yep, it really is that generous. The Global Entry is one per account, so authorized users don't get additional ones.
The bloggers have spoken, it's a no brainer. Get this card.
The reason I'm saying this is because, there isn't any one card fits all or one card that is superiors to another in every way. All the premium cards complement each other (with some overlap) and their respective eco system cards are always a good addition.
As long as your benefit received is more than what you paid for, it should be in...
The bloggers have spoken, it's a no brainer. Get this card.
The reason I'm saying this is because, there isn't any one card fits all or one card that is superiors to another in every way. All the premium cards complement each other (with some overlap) and their respective eco system cards are always a good addition.
As long as your benefit received is more than what you paid for, it should be in your wallet.
Having 20+ cards isn't a bad thing at all. What's bad is when you mixed up your Priority Pass cards, one without guest, one without restaurants, one with limited visits.
Every day that passes is another day that I get *this* much closer to closing my AMEX Platinum.
This looks like a solid card, and they have transfer partners I use frequently, so this is a no-brainer for me.
Why don't you close it now.
It's costing you $58 every month.
I think I will once I get this card. I do use the Priority Pass access quite a bit since I fly Delta often and have been waiting for a card (besides the CSR) to offer it.
Maybe he enjoys spending $58 per month
It's just like the gym membership....you don't go but you still pay
XD
Any idea if the $300 credit is by anniversary year or calendar year?
Thank you!
@ SHO -- I've just confirmed that it's per anniversary year.
Thank you Ben!
Long time reader. Always appreciate your posts!
Can't believe I'm going to sign up for this just to get PP restaurant access. It's too valuable when you have one at your home airport. Wish Amex kept that.
@ Sel, D. -- Makes perfect sense to me, since the card is otherwise more than breakeven, by my math...
Not bad at all. Probably won't work for me given I do value direct hotel bookings/status and no lounges in NYC airports yet while Chase/Amex and their airline partners do have them. But maybe in the future...
@ DG -- While I'm by no means a fan of making all my travel bookings through a portal, I do think making the occasional booking through that way is easy enough. I suppose some people don't value the 10K miles and $300 travel credit at $395, but for those that do, there's general value in holding onto the card, even if it's just to get Priority Pass memberships for friends and family at no cost.
Oh, I definitely would consider it if I didn't have a substantial Chase/Amex setup already.
What other benefits do they offer beyond the ones you've outlined e.g. akin to Visa signature/infinity. Do they have the extra year warranty, primary rental car coverage, cell phone coverage etc.
Or even ones related to travel given their focus on that
@ Khatl -- It's a Visa Infinite Card, so it offers benefits like cell phone protection, trip delay and cancelation coverage, etc.
Wow. Getting this card is a definite no-brainer.
Great initial bonus. Beyond that though, if you aren’t a heavy user of the portal, and don’t care a lot about Priority Pass, the 2x spending is the same you get on the regular Venture. The regular Venture is pretty outstanding value at $95 and 2x everything. CapOne seems a bit cautious on adding a bonus category on spend.
@ Anthony -- Agree that I wish we'd see some other bonus categories, though by my math this card is cheaper to hold onto than the Capital One Venture. The difference in annual fees is $300, and with the Venture X you're getting a $300 credit plus 10K miles.
Yeah, I guess if you use their annual credit every year, it pencils. Not hard to book a flight or boutique hotel on the portal a year.
I’m loathe to add any new fees but will likely apply for this next week (who knows with Capital One though)
I also am a big fan of the regular Venture card. They do not require foreign travel notification, never deny a charge when using overseas websites for purchases, and I’ve charged huge individual purchases on it overseas without any problems. Redemptions are super easy and hassle free.
The new space for the DFW Capital One lounge looks like it will be amazing when the lounge is finished and open. I passed by it a few days ago and was impressed.
Intrigued, but last two attempts applying for Capital One cards rejected despite ~820 FICO scores for apparently having too many active (non-Capital One) cards. Do they want my business or not?
Sounds like they don’t.
Is it a visa or mc? If it’s visa is it a infinite or signature? If it’s an infinite I would assume it comes with 6hr delay and $10k cancelation, not the lowly 12hr and $1500. Is the travel credit per calendar year or account year? Getting to the main points, we all know cap one isn’t going to approve people with great credit+high income who ostensibly know how to get the most value out...
Is it a visa or mc? If it’s visa is it a infinite or signature? If it’s an infinite I would assume it comes with 6hr delay and $10k cancelation, not the lowly 12hr and $1500. Is the travel credit per calendar year or account year? Getting to the main points, we all know cap one isn’t going to approve people with great credit+high income who ostensibly know how to get the most value out of their cards. Flyertalk and reddit will be littered with reports of 800+ scores and $150k+ a year income getting denied for BS cockamamie reasons. Now let’s debunk this costing cap one so much money. The rewards for spending DO NOT COST MORE THAN THE REGULAR VENTURE. Why? So glad you asked, the 2x costs the same obviously, the 5x is a wash for their 5% OTA commission on flights, rental cars are I believe about a 10-12% commission so that’s a wash, and for hotels they earn a 15-20% commission so even though they’re handing out 10x they’re still making money. So that 300 yearly credit will only cost them 250 if you use it for a hotel. Also remember no southwest or ulcc thru a OTA. I could go on but it’s not worth it, just like applying for this card. I do think the PP and or free AU’s may be nerfed doe. For people who are based at an airport with a cap one lounge or want nearly free PP but don't want the Ritz this may be a solid choice.
@ Scott -- It's a Visa Infinite. And I agree that the rewards structure isn't that much of an advantage over the regular Venture Card, but I do view this card as being lower cost, given the incremental perks for the annual fee that's $300 higher.
No $80 in credits at obscure stores distributed in $6 increments every month? Really missing out on that Amex Value.
:)
Hahaha, this wins.
Yup this is a no brainer card, and time to say downgrade to the CSR!
One interesting thing about Accor as a transfer partner is that it’s a Euro-based redemption program and you can do a little currency arbitrage and do well when the Euro is high against the US dollar.
But is there really any value getting the card for people who like to maximize their hard earned status with airlines/hotels? I mean sure there's a $300 credit but the card is $395 so that's moot.
Even if I don't have an incentive to book direct, I default to the Amex Plat because of FHR perks, IAP program, etc... If C1 offered similar programs, then it would indeed be a no brainer. I'm gonna have...
But is there really any value getting the card for people who like to maximize their hard earned status with airlines/hotels? I mean sure there's a $300 credit but the card is $395 so that's moot.
Even if I don't have an incentive to book direct, I default to the Amex Plat because of FHR perks, IAP program, etc... If C1 offered similar programs, then it would indeed be a no brainer. I'm gonna have to crunch the numbers because I'm struggling to find a scenario where I would benefit from using 3rd party booking engine - right now for me the only compelling elements are the sign up bonus and yearly 10k points.
Your hard earn status is still recognized with airlines (for now).
While you are maximize your hard earned status with airlines/hotels, you are ignoring to maximize your hard earn cash with options outside your loyalty sphere.
IAP doesn't always work everywhere and $300 credit doesn't even get you that far on IAP.
You are telling me your entire year of travel is only booked through IAP?
FHR doesn't always get you the...
Your hard earn status is still recognized with airlines (for now).
While you are maximize your hard earned status with airlines/hotels, you are ignoring to maximize your hard earn cash with options outside your loyalty sphere.
IAP doesn't always work everywhere and $300 credit doesn't even get you that far on IAP.
You are telling me your entire year of travel is only booked through IAP?
FHR doesn't always get you the best rate even with the same perks either.
Amex Platinum has its benefits occasionally but it should be far from default for anyone.
@Eskimo - you're making good points and don't disagree with most of that, hence why I will need to crunch numbers.
For hotels, my reasoning is checking chains where I have top status, then FHR if nothing satisfactory, then travel agent (for Virtuoso, and all the other chains programs like Four Seasons Preferred etc), and lastly 3rd party booking sites. And based on my patterns, that last category rarely happens. The 10x could make...
@Eskimo - you're making good points and don't disagree with most of that, hence why I will need to crunch numbers.
For hotels, my reasoning is checking chains where I have top status, then FHR if nothing satisfactory, then travel agent (for Virtuoso, and all the other chains programs like Four Seasons Preferred etc), and lastly 3rd party booking sites. And based on my patterns, that last category rarely happens. The 10x could make it worth considering though.
For flights, besides IAP, I already get 5 points with the Amex Plat so there's actually less value going through the C1 portal, since booking direct is always better when irrops happen.
Will the Priority pass membership with Capital One follow the AMEX restrictions?
@ nfd -- Access to Priority Pass restaurants will be granted, so it'll be more like the membership through Chase than through Amex.
One more question, I have yet to apply for a Capital One card, do they still lower your score on all 3 bureaus, and how will it affect my 5/24 with chase, does it count like 3 pulls or 1?
@ Izz -- Capital One does pull from all three bureaus. Personally that's not something I care about much, as the implications should be limited for those who have good credit.
For Chase's 5/24 purposes, that still only counts as one new account.
Thanks so much for this reply and the reply to my other comment! Cannot wait to apply and will wait for the update on your site when you have a referral link.
Seems like a great offer!
Does anyone know the details of this Priority Pass membership that comes with the card? Is it similar to Chase where Restaurants are included, or is it like Amex where it is not included?
@ Izz -- Priority Pass restaurants will be included.
Having to use their portal for bookings, no thanks. Chase is starting to go the same route. I like to book direct. Takes out the guess work when something goes wrong like a flight delay/cancellation or that infamous "we can't locate your reservation" when arriving at a hotel. Yuck.
@ Alonzo -- I agree in general and have historically avoided using credit card travel portals. However, I think it's easy enough to use the portal at least once per year to save $300. On top of that, the Capital One Travel portal is actually pretty well done, unlike some of the other ones out there.
Will this become your card for every day spend then? I currently use Chase Unlimited for that but this seems like a better options
@ Alec Higgins -- Yep, it will definitely become my card for everyday spending. You can't beat earning 2x airline miles with no foreign transaction fees and no caps on points earning.
Have you been using the regular Venture card for everyday spend? Because that also earns 2x/$ and has been available for a long time.
Will this give access to Priority Pass Restaurants, unlike amex?
@ bryan -- It sure will, there will be no exclusions.
The most important question is: is it going to be made of metal? :)
@ Damiano -- I've confirmed that the card will be made of metal.
@ Ben, thank you!
I haven’t had much success in recent years getting approvals from Cap1. Are there any thresholds where rejection is guaranteed (i.e. something along the lines of 5/24)?
@ HoKo -- The only major restriction I'm aware of is that you can generally only get one Capital One card every six months. Capital One can be a bit strange with approvals sometimes even beyond that, so you're not alone there.
Thanks for the quick response. How would a recent Cap1 rejection affect the six-month clock...for example, if I got denied for a Cap1 card in June 2021, do I need to count six months from that date before trying for this new card?
Is there a limit to how many authorized users you can add?
@ JB -- You can add up to four authorized users to the card at no cost.
Do authorized users get Priority Pass access as well?
@ Speck -- Yep!
Not sure if I should upgrade the Venture card or just get this new card. But, yes this seems too good to be true, especially for under $400 annual fee. Looking forward to this coming out!
@ Tahsin -- It's probably worth seeing what eligibility requirements will be like. I'm not positive yet if Capital One Venture cardmembers will be eligible for the card (including the bonus), or if product changing is the only way to get it. I'll ask a contact and report back.
Thanks Ben!
@ Tahsin -- As an update, I've been told that it will be possible to be a cardmember of both cards, so that's a great opportunity.
Do you know if you will be able to product change to it?
If you can hit the sign up bonus which you have 6 months to do then I would apply for the new one and then close or downgrade the old one. Too much money to leave on the table.