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The Capital One Venture X Rewards Credit Card is a top-rated travel credit card offering premium perks for a $395 annual fee — over $150 less than luxury cards with similar benefits. But numbers aside, what I love about this card is how its perks and extras come through for me when I'm traveling and want to feel pampered. Out of the six cards that I have, the Venture X is definitely one of my favorites.
To give you a better idea of how the Venture X might find a similar place in your heart (and wallet), I've compiled a list of my favorite benefits and how they've helped me make the road more comfortable.
The Capital One Venture X Rewards Credit Card is a premium credit card with a myriad of benefits and a lower annual fee than other high-end cards with similar features.
- Annual $300 credit for bookings through Capital One Travel
- 10,000 bonus miles after every card anniversary
- Unlimited complimentary access to 1,300+ airport lounges, including Capital One Lounge and Landing locations
- Long list of valuable travel and shopping protections, including return protection, rental car coverage and trip delay reimbursement (Benefit(s) only available to accounts approved for the Visa Infinite card. Terms apply.)
- Limited bonus spending categories compared to other premium credit cards
- High annual fee
- High credit score requirement (excellent credit)
Highlights
- Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
- Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
- Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
- Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights and vacation rentals booked through Capital One Travel
- Earn unlimited 2X miles on all other purchases
- Enjoy access to 1,300+ lounges worldwide, including Capital One Lounge and Landing locations and participating Priority Pass™ lounges, after enrollment
- Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
- Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Top rated mobile app
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fees
$0
Hertz President's Circle status
The Venture X gives cardholders complimentary Hertz President's Circle® status. I don't see this perk discussed in articles about the card as much as I feel it should be. Maybe not enough people rent cars to justify the attention. But anyone who likes to hit the road and doesn't want to depend on ride-share services will find plenty to enjoy with this benefit.
Hertz President's Circle elite status comes with the following benefits:
- Guaranteed upgrades: You can qualify for a guaranteed one-class car upgrade.
- Bonus points: You'll earn 50% more points on all rentals, or 1.5x points per dollar spent.
- Widest Ultimate Choice availability: You can pick any car from an Ultimate Choice lot.
- Dedicated Hertz Rewards phone line: You get access to a dedicated Hertz phone number for President's Circle members.
*Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply
I've never gotten to try the Ultimate Choice lot perk since those lots are usually located at airports. In my experience, renting a car at airport car rentals is significantly more expensive than in city locations, and I go for the latter. On the other hand, I once was offered an upgrade from a small to a large sedan at a city location in Bellevue, Washington, so I'm not complaining.
Normally, to become eligible for President's Circle status, you need to complete 15 rentals or spend $3,000 with Hertz. That sounds like a lot of car rentals — I'm happy I get to experience Hertz's special treatment with my credit card for free.
Travel insurance
A solid package of travel insurance benefits is a must for a travel credit card. The Venture X offers the following:
- Trip cancellation and interruption insurance, which may provide reimbursement if you need to cancel your trip or cut it short
- Trip delay coverage, which may cover lodging and meals if your trip is delayed
- Lost luggage reimbursement, which may reimburse you for damage or loss of your luggage
- Primary rental car insurance, which can cover damage or theft of the rental car with no effect on your personal car insurance policy
I always try to book my trips on a card that comes with good travel protections, and the Venture X offers all the essentials. On the other hand, you can get these with a more affordable card. For example, the Chase Sapphire Preferred® Card (which I also have; see rates and fees) offers all these travel insurance benefits and only costs $95 for the annual fee per year.
The Chase Sapphire Preferred® Card packs a punch for a $95 annual fee card, offering annual travel credits, comprehensive travel protections and more.
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Long list of travel and shopping protections
- $50 annual Chase Travel hotel credit
- Has an annual fee
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 75,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
- Enjoy benefits such as 5x on travel purchased through Chase TravelSM, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases
- Earn up to $50 in statement credits each account anniversary year for hotel stays through Chase TravelSM
- 10% anniversary points boost - each account anniversary you'll earn bonus points equal to 10% of your total purchases made the previous year.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
- Complimentary DashPass which unlocks $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27. Plus, a $10 promo each month on non-restaurant orders.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
Airport lounge access
In the days before the Venture X made its way to my wallet, I once had a trip from Moscow, Russia to Austin, Texas, that took 14 hours and had two layovers. During the stop in Helsinki, Finland, I had to run to make the connection. But when I made it to the second layover in Chicago and had an hour to kill, the exhaustion began to settle in as I tried to get comfortable sitting at the gate. By the time I arrived in Austin, I felt like a crumpled paper bag.
Relaxing in a lounge makes layovers something you almost look forward to, but you usually either have to have elite airline status or pay a fee to get in. Another option is to fork out for a premium-cabin ticket.
Or you can have a credit card that offers complimentary lounge access.
With the Venture X, you get access to over 1,300 lounges worldwide from Priority Pass™ and Plaza Premium Group. You can also access Capital One Lounge and Landing locations, but so far there is only one open in Dallas/Fort Worth International Airport, with locations at Denver International Airport and Dulles International Airport opening later in 2023. I checked it out and found it comfortable, clean and spacious — and the food was tasty (and free!).
A word of caution: that airport lounge life is easy to get used to. You might not want to get back to waiting at the gate ever again.
Expedited airport security
Every time I find myself in a regular airport security line, I feel like I should wear a neck brace for the whiplash I'm about to experience. First I'm standing around with my shoes off for what seems like forever, my old Doctor Who socks for the world to see. Then I need to put my shoes back on with the speed of light and shove my laptop back in my already overstuffed carry-on backpack so that I'm not in anyone's way.
The Venture X helps keep my airport security experience as sane as possible by providing a statement credit of up to $120 every four years to pay for your Global Entry or TSA PreCheck® membership. PreCheck allows you to go through a separate security line at the airport and you get to keep your shoes and jacket on, and your electronics in your bag. Global Entry includes PreCheck benefits and also lets you clear customs quicker when you travel internationally and arrive back in the U.S.
I haven't had a chance to use my Global Entry privileges yet, but PreCheck is such a time-saver. Each time I used it, I was able to go through the security line in less than 10 minutes without anyone knowing my favorite sci-fi show by glancing at my feet.
Note that you can get the same benefit with a more affordable card. For example, the Venture X's sibling card, the Capital One Venture Rewards Credit Card, and the Bank of America® Premium Rewards® credit card both offer this perk at a $95 annual fee.
Double rewards rate
The Venture X offers 2X miles on everything. This makes earning rewards incredibly easy. I use this card on all purchases that don't fit bonus categories on my other rewards credit cards: utilities, haircuts, PlayStation games, Jazzercise On Demand, you name it. This way, I ensure I get extra rewards on everything I spend.
A double rewards rate on everything is a somewhat rare feature. You can find it on some cash rewards cards, such the Wells Fargo Active Cash® Card and the Citi Double Cash® Card (with the latter, you get 1% cash back when you make a purchase and another 1% when you pay it off).
The Wells Fargo Active Cash® Card is great if you want simplicity thanks to its flat-rate 2% unlimited cash rewards on purchases and $0 annual fee.
- High flat-rate return on purchases
- Intro-APR for purchases and qualifying balance transfers for a year
- No annual fee
- Cell phone protection
- Has a foreign transaction fee
- Limited redemption options unless you pair it with a Wells Fargo card that allows point transfers
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Apply Now to take advantage of this offer and learn more about product features, terms and conditions.
- Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
- Earn unlimited 2% cash rewards on purchases.
- 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 18.49%, 24.49%, or 28.49% variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
- $0 annual fee.
- No categories to track or remember and cash rewards don't expire as long as your account remains open.
- Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
- Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
Balance Transfer Fee
3% intro for 120 days from account opening, then up to 5%, min: $5
Foreign Transaction Fee
3%
The Citi Double Cash® Card is one of the best no-annual-fee cash-back cards thanks to its straightforward rewards structure.
- Balance transfers get a long intro APR
- Generous flat-rate cash-back rewards structure
- No annual fee
- Travelers face a foreign transaction fee
- Intro APR only applies to balance tranfer
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn $200 cash back after you spend $1,500 on purchases in the first 6 months of account opening. This bonus offer will be fulfilled as 20,000 ThankYou® Points, which can be redeemed for $200 cash back.
- Earn 2% on every purchase with unlimited 1% cash back when you buy, plus an additional 1% as you pay for those purchases. To earn cash back, pay at least the minimum due on time. Plus, earn 5% total cash back on hotel, car rentals and attractions booked with Citi Travel.
- Balance Transfer Only Offer: 0% intro APR on Balance Transfers for 18 months. After that, the variable APR will be 17.49% - 27.49%, based on your creditworthiness.
- Balance Transfers do not earn cash back. Intro APR does not apply to purchases.
- If you transfer a balance, interest will be charged on your purchases unless you pay your entire balance (including balance transfers) by the due date each month.
- There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. After that, your fee will be 5% of each transfer (minimum $5).
Balance transfer fee
There is an intro balance transfer fee of 3% of each transfer (minimum $5) completed within the first 4 months of account opening. A balance transfer fee of 5% of each transfer ($5 minimum) applies if completed after 4 months of account opening.
Foreign transaction fee
3%
If you'd like double travel rewards without the big price tag, the Capital One Venture Rewards Credit Card is also worth looking into: It earns the same 2X miles on everything with an annual fee of $95 per year.
The Capital One Venture Rewards Credit Card has a reasonable annual fee and earns flexible travel rewards, which makes it a great travel card for beginners or heavy travelers.
- Valuable welcome offer worth at least $750 in travel
- You can transfer miles to over 15 Capital One partners, including Emirates Skywards, Choice Privileges and Singapore Airlines KrisFlyer
- No foreign transaction fees
- Lacks ongoing travel benefits such as statement credits or lounge access
- Limited bonus spending category that only applies to certain Capital One Travel bookings
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn a one-time bonus of 75,000 miles once you spend $4,000 on purchases within 3 months from account opening, equal to $750 in travel
- Earn unlimited 2X miles on every purchase, every day
- Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
- Miles won't expire for the life of the account and there's no limit to how many you can earn
- Receive up to a $120 credit for Global Entry or TSA PreCheck®
- Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
- Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
- Transfer your miles to your choice of 15+ travel loyalty programs
- Top rated mobile app
Balance transfer fee
$0 at the Transfer APR, 4% of the amount of each transferred balance that posts to your account at a promotional APR that Capital One may offer to you
Foreign transaction fee
None
Annual bonuses and credits
All of the above wouldn't persuade me to get the Venture X — if it didn't practically pay for itself.
Of course, premium travel cards like the American Express Platinum Card® and Chase Sapphire Reserve® (see rates and fees) also offer a ton of statement credits — but they're also more expensive. The Chase Sapphire Reserve leaves you with $495 to recoup after you use the card's $300 annual travel credit. The Amex Platinum reminds me of a coupon book with all the statement credits it offers, but none of them fit my spending. I can't afford Equinox even with $300 in annual credits (enrollment required) and most of the hotels eligible for the $600 credit are also out of my budget even with the credit; (Hotel Collection requires a minimum two-night stay). I can definitely afford Walmart, but I shop there too rarely to take advantage of Walmart+ membership credits (enrollment required. subject to auto-renewal) of up to $12.95 plus applicable taxes on one membership fee. Terms apply.
The American Express Platinum Card® is a premium card loaded with annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and more. (Enrollment required for select benefits mentioned)
- Access to 1,550+ airport lounges, including Priority Pass™ Select lounges (enrollment required) and Amex Centurion lounges
- Statement credit offers worth up to twice what the annual fee costs
- Elite status perks for hotels and rental cars (Enrollment required for select benefits mentioned)
- High annual fee
- Many statement credit offers are complicated and are earned in increments or limited to specific purchases
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- You may be eligible for as high as 175,000 Membership Rewards® points after you spend $12,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you're approved and find out your exact welcome offer amount – all with no credit score impact. If you're approved and choose to accept the Card, your score may be impacted.
- Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.
- With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection®, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club® visits when flying on an eligible Delta flight (subject to visit limitations), Priority Pass Select membership (enrollment required), and other select partner lounges.* As of 07/2025.
- $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.
- $300 Digital Entertainment Credit: Experience the latest shows, news and recipes. Get up to $25 in statement credits each month when you use your Platinum Card® for eligible purchases on Disney+, a Disney+ bundle, ESPN streaming services, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV when you purchase directly from one or more of the providers. Enrollment required.
- $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.
- $400 Resy Credit + Platinum Nights by Resy: Get up to $100 in statement credits each quarter when you use the Platinum Card® to make eligible purchases with Resy, including dining purchases at U.S. Resy restaurants. Enrollment required. Plus, with Platinum Nights by Resy, you can get special access to reservations on select nights at participating in demand Resy restaurants with the Platinum Card®. Simply add your eligible Card to your Resy profile to book and discover Platinum Nights reservations near you.
- $209 CLEAR+ Credit: CLEAR+ helps get you to your gate faster by using your face to verify you are you at 55+ airports nationwide. You can cover the cost of a CLEAR+ Membership* with up to $209 in statement credits per calendar year after you pay for CLEAR+ with your Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the Platinum Card® Account. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.
- Start your vacation sooner, and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in, when available, and guaranteed 4PM check-out.
- $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That's up to $300 in statement credits each calendar year. Enrollment required.
- $155 Walmart+ Credit: Receive a statement credit* for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Platinum Card®.* Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- $895 annual fee.
- Terms Apply.
- See Rates & Fees
Balance transfer fee
N/A
Foreign transaction fee
None
The Chase Sapphire Reserve® is a standout premium credit card with plenty of luxury perks and statement credits to justify its annual fee.
- Access over 1,300 airport lounges worldwide with a complimentary Priority PassTM Select membership, plus every Chase Sapphire Lounge® by The Club with two guests.
- Up to $300 in annual travel credit each account anniversary year
- You can transfer rewards to all of Chase's travel partners including World of Hyatt, Southwest Rapid Rewards and many more
- Top-tier travel and shopping protections
- High annual fee
- Requires a high credit score
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 150,000 bonus points after you spend $6,000 on purchases in the first 3 months from account opening.
- Get $3,000 in annual value with Sapphire Reserve.
- Earn 8x points on all purchases through Chase TravelSM, including The EditSM and 4x points on flights and hotels booked direct. Plus, earn 3x points on dining worldwide & 1x points on all other purchases
- $300 annual travel credit as reimbursement for travel purchases charged to your card each account anniversary year.
- Access over 1,300 airport lounges worldwide with a complimentary Priority PassTM Select membership, plus every Chase Sapphire Lounge® by The Club with two guests. Plus, up to $120 towards Global Entry, NEXUS, or TSA PreCheck® every 4 years
- Get up to $150 in statement credits every six months for a maximum of $300 annually for dining at restaurants that are part of Sapphire Reserve Exclusive Tables.
- Count on Trip Cancellation/Interruption Insurance, Auto Rental Coverage, Lost Luggage Insurance, no foreign transaction fees, and more.
- Get complimentary Apple TV+, the exclusive streaming home of Apple Originals. Plus Apple Music — all the music you love, across all your devices. Subscriptions run through 6/22/27 — a value of $288 annually
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
However, the Venture X gives me a $300 Capital One Travel credit to use toward purchases made through Capital One Travel. Plus, I get a 10,000-mile annual bonus on each card's anniversary worth $100 when redeemed through Capital One Travel. Together, they provide $400 in value to spend on my trips. With how much travel currently costs, it takes me two trips out of state at the very most to spend this money — and offset the card's $395 annual fee.
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Bottom line
For a $395 annual fee, the Capital One Venture X packs incredible value. From nice-to-haves like elite status at Hertz to generous rewards and annual credits, this card more than justifies its cost. If you travel at least a few times a year and watch your budget but don't mind feeling VIP on your trips, you'll likely be as happy with the Venture X as I am.
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For rates and fees of the American Express Platinum Card®, click here.
For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply
