Capital One Venture X Rewards Card

Note: Capital One is a Frequent Miler advertiser. Please see our Advertiser Disclosure.

Card Details and Application Link
Capital One Venture X Rewards Credit Card
100K miles + Up to $200 statement credit
Earn a one-time bonus of 100K Capital One miles after $10K spend in the first 6 months + a limited-time bonus of up to $200 in statement credits for vacation rentals charged to your card in the first year
Click Here to Apply

$395 Annual Fee

FM Mini Review: This card offers annual rebates that easily mitigate the fee for those who travel often and could be worth it for the lounge access and travel protections given the cost/benefit ratio. Authorized users are free and also get access to perks like Priority Pass, Capital One Lounges, and Hertz President's Circle status. The card earns 2 "miles" per dollar on most purchases just like the Capital One Venture Rewards card, which are worth exactly 1 cent each toward travel. This makes the return on most spend similar to a 2% cash back card (though in this case you must redeem your miles to offset travel in order to get 1 cent per mile). One big advantage over cash back: Capital One allows transfering their "miles" to airline miles & hotel points.


Card Type: Visa Infinite

Base
Other

Earning rate: 10X on hotels and rental cars booked via Capital One Travel ⚬ 5x on flights booked via Capital One travel. ⚬ 2X everywhere else.

Noteworthy perks: Up to $300 in statement credits annually for bookings made through Capital One Travel ⚬ 10,000 bonus miles each year starting at first anniversary ⚬ Receive up to $100 application fee credit for Global Entry or TSA Pre✓® ⚬ Cell phone insurance ⚬ Trip delay / cancellation insurance ⚬ Primary CDW coverage Redeem miles for travel at value of 1 cent per mile ⚬ Convert "miles" to airline miles & hotel points ⚬ No foreign transaction fees

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Jan W

Just got approved in five minutes–which is impressively fast since I have a fraud alert after someone filed our 2016 taxes before we did! I applied at 4:18, received alerts within minutes from all three credit bureaus (slight Ugh), Capital One called me at 4:20 to confirm identity, and I received a congratulations email at 4:23. Chase recently declined P2’s CSP app after numerous follow up calls and SMs from him–it took five weeks to even get a clarification of what happened to the application. Five weeks versus five minutes…CapOne FTW!

Thomas Molina

So I completed the bonus for the Venture One this week. I opened the One June 3rd. I’d like to apply for the X now but I’ve read they may not approve a second card if you’ve opened another within six months. Do you think the offer will be pulled before my 6 month window or should I roll the dice and apply now? Thanks for all you’ve done and do.

Jwulf

How does Cap1 treat this card for those with the Cap1 Venture card? P2 got the Venture card ~6 mo ago and I’m wondering if there’s an opportunity to get this bonus as well…

Chaser123

I used your link and got instant approved. Second cap one card! Interesting application questions. I made sure to say I occasionally carry a balance. I couldn’t figure out how to get a referral link but that’s ok. Thank you for all your great work.

Kai

Just applied through your link and got approved!

Frank

I trust they will remove or reduce the cash advance upon request?

Frank

P2 just applied thru your link – instant approval. Thank you.
status was: 3/24 (now 4/24), had 1 new personal card in last 12 mo and 4 in last 24 mo.

High CL and cash advance. Seemed to remember an old online account for a savings account from 10 years ago – and the login still worked!!

Maybe I will give it a go too …

Frank

Wow !! thanks for that advice. Just reminds me why I love Frequent Miler !!

I was considering the Citi Premier as I don’t need to worry about 5/24 anymore – I have 327 Chase cards now – or so it seems, anyway!

Frank

You are right. I will wait for her card to come, generate the referral and give it a go.

I am at an unusual point right now, having just completed all spending for the bonuses on all recent cards, so why not? After all it’s 6 months to spend the $10K.

Frank

OK, I took your advice (couldn’t wait) and applied via P2’s referral code and … instant approval.

Thanks again.

JeffP

Used your link for P2 wife…approved! 802 CR with 7 new cards in last year!

Larry K

Terms don’t say whether the $300 credit is annual are cardmember based which is kind of significant for first year. Do you guys know the answer?

K K

And… does the $300 benefit transfer to each authorized user, like the lounge benefit?