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

I’m a sucker for a superb journey rewards card. Through the years, I’ve collected a small handful of them — not as a result of I really like juggling annual charges, however as a result of the proper playing cards can prevent a lot of cash on flights, lodges, 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. One among my favourite enterprise bank cards is the Capital One Venture X Business Credit Card. It’s Capital One’s top-tier enterprise product. I adore it as a result of there’s an enormous 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 at all times incomes multiples miles per greenback spent).

That will help you determine if this card is for you, right here’s my full overview of the cardboard and why I adore it 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 price that’s means decrease than the opposite premium enterprise playing cards on the market. And I feel you possibly can simply get far more worth than the annual price 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 lodges 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.
• Get pleasure from entry to 1,300+ airport lounges worldwide, together with Capital One Lounge places and Precedence Move™ lounges, after enrollment
• As much as $120 assertion credit score for TSA Precheck or World Entry
• No international transaction charges

Utilizing Your Capital One Miles

Capital One miles might be redeemed in a number of methods. One is by reserving journey instantly by Capital One’s portal. Whereas I normally don’t advocate reserving by bank card portals, to completely profit from the Enterprise X’s journey credit score (and to get the 5x and 10x miles presents) you’ll want to make use of their portal.

Another 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 possibly can 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 superb worth).

You too can use your Capital One miles within the Capital One Leisure portal to guide tickets for concert events, sports activities occasions, and extra. Sometimes, Capital One presents cardholder-only occasions and presale alternatives too. Whilst you’ll get simply 0.8 cents per mile for tickets (not the very best worth), it’s nonetheless a enjoyable and distinctive option to redeem miles.

Nevertheless, you’ll get probably the most out of your miles by transferring them to Capital One’s 15+ airline and resort companions. Whereas the precise worth varies primarily based on what you guide, you possibly can normally discover airline and resort redemptions price way more than the aforementioned one cent per mile. (The method is fairly simple and might be performed by your Capital One account.)

Listed here are Capital One’s present journey companions:

• Accor Stay Limitless
• Aeromexico Membership Premier
• Air Canada Aeroplan
• Air France/KLM Flying Blue
• Avianca LifeMiles
• British Airways Government Membership
• Cathay Pacific Asia Miles
• Alternative Privileges
• Emirates Skywards
• Etihad Airways Visitor
• EVA Air Infinity MileageLands
• Finnair Plus
• I Choose Resort 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 at all times in search of methods to earn miles sooner and make airport life rather less painful. I like this card for the easy 2x miles on every little thing. 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 lodges. However in relation to eating, museums, transportation, and so forth, 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 principal perks:

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

The catch? You do need to guide 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 Move lounges. Capital One’s personal lounges are literally nice — spacious, fashionable, good meals — although they’re nonetheless restricted location. However they’re increasing what number of they’ve and I personally suppose they’re means higher than the opposite lounges competitor banks have. You additionally get Precedence Move entry t o over 1,300 lounges globally, which is a typical 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 price 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 might put at the very least $30,000 to make sure they meet the welcome provide necessities.

Total, I feel the Capital One Venture X Business is without doubt one of 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, however it’s simpler to make use of, has a cheaper annual price, will get you lounge entry, and a straightforward to know incomes construction.

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