While not the end of the world, this is still a sad development…
Venture X cutting some Priority Pass access in 2023
The Capital One Venture X Rewards Credit Card has become one of the most popular premium travel credit cards, since launching just over a year ago.
While the card has a $395 annual fee, there are so many reasons to get this card, from the excellent welcome bonus, to ongoing perks like a $300 annual travel credit, 10K anniversary bonus miles, and much more.
The Capital One Venture X has offered an extremely well rounded lounge access benefit, all of which apply to both the primary cardmember and authorized users:
- The Venture X offers a Priority Pass membership
- The Venture X offers access to Plaza Premium Lounges
- The Venture X offers access to Capital One Lounges
Unfortunately as of January 1, 2023, a change will be made to the card’s Priority Pass membership — the card will no longer offer credits or experience at Priority Pass’ non-lounge airport experiences, including Priority Pass restaurants, spa discounts, and more.
As far as premium credit card Priority Pass memberships go, this aligns the Capital One Venture X with the policy of The Platinum Card® from American Express (review) rather than that of the Chase Sapphire Reserve® Card (review).
My take on this Capital One Venture X lounge access perk change
It goes without saying that this is a negative change, and I’m sad to see this. This now makes the Chase Sapphire Reserve the popular premium card that continues to offer Priority Pass restaurant credits, at least for now (hopefully Chase doesn’t make the same change).
While this is of course disappointing, to me it doesn’t fundamentally change the value proposition of the Capital One Venture X. The way I view it, the card’s $395 annual fee is still more than covered by the $300 annual Capital One Travel credit plus the 10,000 anniversary bonus miles.
Everything else is the icing on the cake, and this remains the best premium card for families, as you can add up to four authorized users, and they all get lounge access as well. Also keep in mind that unlike with the Chase Sapphire Reserve, the Capital One Venture X offers access to Plaza Premium Lounges and Capital One Lounges.
As of January 1, 2023, the Capital One Venture X is changing its Priority Pass benefit. Priority Pass memberships issued through the card will no longer offer non-lounge airport experiences, like Priority Pass restaurants and spa treatments.
What do you make of this Capital One Venture X card benefit change?