Capital One Venture X Business Card Review: Is It Worth It?

I’m a sucker for a very good travel rewards card. Over time, I’ve collected a small handful of them — not as a result of I like juggling annual charges, however as a result of the precise playing cards can prevent a lot of cash on flights, motels, and journey perks you’d in any other case pay out of pocket for.

Not solely do I’ve a bunch for my private bills however I’ve a pair for this enterprise too. Considered one of my favorite business credit cards is the Capital One Venture X Business Credit Card. It’s Capital One’s top-tier enterprise product. I find it irresistible as a result of there’s a giant welcome provide, lounge entry to over 1,300 airport lounges, annual journey credit, and a easy 2x reward on all spending (which ensures you’re all the time incomes multiples miles per greenback spent).

That will help you determine if this card is for you, right here’s my full assessment of the cardboard and why I find it irresistible a lot:

What’s the Capital One Enterprise X Enterprise Card?

The Capital One Venture X Business Credit Card is a journey rewards card issued by Capital One. It comes with a $395 annual charge that’s method decrease than the opposite premium enterprise playing cards on the market. And I believe you’ll be able to simply get far more worth than the annual charge prices. Right here’s a fast take a look at the primary perks:

• 150,000 miles after spending $30,000 within the first 3 months
• 2 miles per $1 on all purchases, no class restrictions
• 5× miles on flights booked by Capital One Journey
• 10× miles on motels and rental vehicles booked by Capital One Journey
• $300 annual journey credit score (by Capital One Enterprise Journey)
• Yearly, you’ll get 10,000 bonus miles after your account anniversary date.
• Take pleasure in entry to 1,300+ airport lounges worldwide, together with Capital One Lounge places and Precedence Cross™ lounges, after enrollment
• As much as $120 assertion credit score for TSA Precheck or International Entry
• No overseas transaction charges

Utilizing Your Capital One Miles

Capital One miles may be redeemed in a number of methods. One is by reserving journey immediately by Capital One’s portal. Whereas I usually don’t recommend booking through credit card portals, to totally profit from the Enterprise X’s journey credit score (and to get the 5x and 10x miles gives) you’ll want to make use of their portal.

An alternative choice is to make use of your miles to get reimbursed for any journey buy. For 90 days after making such a purchase order, you’ll be able to reimburse your self at a redemption price of 1 cent per mile. After 90 days, and for all different purchases, you should use miles as money again, at a redemption price of 0.5 cents per mile (however keep away from doing this, because it’s not a very good worth).

You may also use your Capital One miles within the Capital One Leisure portal to e book tickets for live shows, sports activities occasions, and extra. Sometimes, Capital One gives cardholder-only occasions and presale alternatives too. Whilst you’ll get simply 0.8 cents per mile for tickets (not the perfect worth), it’s nonetheless a enjoyable and distinctive strategy to redeem miles.

Nonetheless, you’ll get essentially the most out of your miles by transferring them to Capital One’s 15+ airline and resort companions. Whereas the precise worth varies based mostly on what you e book, you’ll be able to normally discover airline and resort redemptions price way more than the aforementioned one cent per mile. (The method is fairly simple and may be achieved by your Capital One account.)

Listed here are Capital One’s present journey companions:

• Accor Dwell Limitless
• Aeromexico Membership Premier
• Air Canada Aeroplan
• Air France/KLM Flying Blue
• Avianca LifeMiles
• British Airways Govt Membership
• Cathay Pacific Asia Miles
• Selection Privileges
• Emirates Skywards
• Etihad Airways Visitor
• EVA Air Infinity MileageLands
• Finnair Plus
• I Choose Lodge Rewards
• Japan Airways Mileage Financial institution
• Qantas Frequent Flyer
• Qatar Airways Privilege Membership
• Singapore Airways KrisFlyer
• TAP Portugal Miles&Go
• Turkish Airways Miles&Smiles
• Virgin Crimson
• Wyndham Rewards

Execs of the Enterprise X Enterprise Card

As somebody who travels continuously for work, I’m all the time on the lookout for methods to earn miles sooner and make airport life rather less painful. I like this card for the straightforward 2x miles on all the things. I take advantage of plenty of different playing cards that may get you 3 or 4x on sure classes like promoting or non-portal journey spend like flights and motels. However on the subject of eating, museums, transportation, and many others, there’s not plenty of methods to get greater than 2x per greenback spent on a enterprise card. So, I take advantage of this Enterprise X for something I can’t get greater than 2x per greenback.

Right here’s a deep dive into among the major perks:

$300 Journey Credit score
Every year, you get a $300 credit score towards bookings made by Capital One Enterprise Journey (flights, motels, or automotive leases). Should you’re already reserving journey commonly, this credit score is principally free cash — and it instantly drops your efficient annual charge from $395 to $95.

The catch? You do need to e book by Capital One’s journey portal. It’s powered by Hopper, so the interface is clear and costs are normally aggressive. I’ve discovered some good offers there.

Lounge Entry
You get entry to Capital One Lounges and Precedence Cross lounges. Capital One’s personal lounges are literally nice — spacious, trendy, good meals — although they’re nonetheless restricted location. However they’re increasing what number of they’ve and I personally suppose they’re method higher than the opposite lounges competitor banks have. You additionally get Precedence Cross entry t o over 1,300 lounges globally, which is a standard however very nice perk.

Anniversary Bonus
Yearly in your account anniversary, you’ll get 10,000 bonus miles (price about $100 towards journey). It’s a pleasant “thanks” that helps offset the annual charge even additional.
 

Ought to You Get This Card?

The Capital One Venture X Business Credit Card is greatest for small- to medium-sized enterprise homeowners who journey commonly and may put a minimum of $30,000 to make sure they meet the welcome provide necessities.

General, I believe the Capital One Venture X Business is among the best-value premium enterprise playing cards on the market proper now. It’s not as benefit-packed or as flashy because the Amex Enterprise Platinum or the Chase Sapphire Reserve, but it surely’s simpler to make use of, has a inexpensive annual charge, will get you lounge entry, and a straightforward to grasp incomes construction.

It’s one of many playing cards I take advantage of essentially the most usually for my enterprise. I extremely suggest getting it.

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