Capital One Announces Premium Credit Card, Venture X Capital One Announces Premium Credit Card, Venture X

Capital One Announces Premium Credit Card, Venture X

“Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.”

With the travel industry continuing to rebound, Capital One is finally joining the premium travel credit card scene. This week, the bank officially announced the Venture X card. As CNN reports, the new card will open applications on November 9th and feature a slew of travel benefits along with a special introductory welcome bonus.

Starting with the annual fee, the Venture X card will come at a cost of $395. However, that will be offset by a $300 annual statement credit triggered by bookings made on Capital One Travel. As far as other perks, the card will offer complimentary Hertz President’s Circle status, include various travel insurance and protections, and allow airport lounge access via Priority Pass Select as well as the new Capital One Lounges.

Turning to mile-earning potential, Venture X will earn 10x miles on hotels and rental car bookings made with Capital One Travel, 5x miles on flights booked on the platform, and 2x miles on all other purchases. Plus, cardholders will earn 10,000 bonus miles on their cardholder anniversary each year. Finally, at launch, the Venture X will offer a 100,000-mile welcome bonus when customers spend $10,000 in purchases on the card in their first six months. Sweetening the deal even more, a limited-time offer will allow new cardholders to earn up to $200 in statement credits for vacation rentals such as Airbnb and VRBO.

Best Travel Credit Cards

For the complete list of travel rewards credit cards with all of the latest offers click below.

Get Rewards

Capital One’s announcement of a premium card was widely expected following the bank’s previous airport lounge reveal. The first of these lounges is now open at Dallas-Fort Worth International Airport with locations at Washington Dulles International Airport and Denver International Airport set to follow next year. While Venture X cardholders and up to two guests will have complimentary access to these lounges, Venture and Spark Miles customers will only receive two free visits per year but can purchase subsequent entries for $45 (a $45 per guest charge will also apply for each visit). Additionally, all other airport travelers will be able to visit at a cost of $65 per person. Each Capital One lounge will include dining, grab-and-go food items, relaxation rooms, exercise rooms, shower suites, and more.

Overall, the Capital One Venture X is an intriguing entry into the travel card world. While the card is still a premium product, it does come in on the lower end of that description compared to the $550 Chase Sapphire Reserve and $695 American Express Platinum Card — not to mention the fact that the $300 Capital One Travel statement credits take the card’s effective annual fee down to $95, matching that of the standard Venture card. Between the Venture X and Capital One Louge openings, it will be interesting to see what other travel-centric moves the bank makes in the months ahead.

Fioney has partnered with CardRatings for our coverage of credit card products. and CardRatings may receive a commission from card issuers.” (Note: advertising relationships do not have any influence on editorial content. Advertising compensation allows to provide quality content for free. All editorial opinions are those of the individual author and/or Fioney staff.)

The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
H-E-B and Central Market  credit cards

Imprint Launches Credit Cards from H-E-B and Central Market 

The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Summer app

Student Loan Benefit FinTech Summer Raises $6 Million

For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
Choice Privileges Select Card

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....
Melissa Urban holding a Ness card

Health and Wellness Rewards Card Ness Partners with Whole30

In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...