Capital-One-Venture-X-Benefits-and-Review

Capital One Venture X: Benefits and Review

Capital One Venture X card is one of my favorite options for families who want a flexible points option and the best card option for luxe benefits.

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Table of Contents

    Capital One Venture X
    Capital One® Venture X : Earn 75,000 bonus miles
    • 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
    • $395 annual fee
    • $300 annual travel credit when booking through Capital One’s portal
    • 10,000 points every year on account anniversary (worth at least $100)
    • Statement credit for Global Entry or TSA Precheck
    • Easy airport lounge access for your whole family
    • Miles can be redeemed to erase any travel purchase. 75,000 miles = $750
    • Can be transferred to a variety of partners like Jet Blue, Wyndham, Avianca, Turkish Airways and more.
    • Get our downloadable checklist here so you can max your benefits

    Basic Card Details

    Capital One Venture X

    Earning rates

    • 10x Venture miles on hotels and rental cars booked via Capital One Travel
    • 5x Venture miles on flights booked via Capital One Travel
    • 2x Venture miles on all other purchases

    Annual Fee – $395

    The annual fee is $395 a year. If you’ve never had a card with a high annual fee, this may seem crazy! But thanks to just 2 annual benefits ($300 travel credit and 10k anniversary points), it is really easy for many people to break even on this.

    That’s not even taking into account all the other benefits!

    You can also add 4 authorized users for free to share some of the benefits.

    Annual Travel Credit – $300

    The $300 annual travel credit is per cardmember year. That means if you apply for the card in March 2022, you have through February 2023 to use the credit.

    This credit is for bookings made through Capital One Travel. You can book flights, hotels, or car rentals.

    If you usually would book $300 of flights, hotels, or car rentals during a year, it is really easy to use this credit. Even better, you will earn 10x miles on hotels or car rentals that you book through the portal — so in using this credit, you also could earn 3000 miles. Keep reading to see how we used this benefit without even paying for a hotel.

    In my experience, the credits appeared on my statement within a week of the purchase I made through the portal. Note that the Vacation Rental Credit was a temporary credit when the card launched.

    Capital One Venture X

    $300 credit hack: I ended up having to cancel the hotel I had booked through the Capital One portal and I got a refund. Notably, Capital One didn’t take remove the travel credit. I’ve had a few other people test this out and it seems to be a standard policy. If you want to essentially cash out the $300 credit you can book a refundable reservation and let your credit post. Wait at least another full statement cycle and then cancel it. You should get a refund and keep your travel credit (based on my experience anyway). This could change at any time but in July 2022, it is working.

    Account Anniversary Bonus – 10,000 miles

    Every year on your account anniversary, you will also receive 10,000 bonus miles. At the minimum, you can redeem this for $100 in travel credit.


    My Favorite Venture X Benefit: Lounge Access

    This is hands down my favorite perks of the card. It is especially valuable because you can add 4 authorized users for free and they all get their own lounge access for themselves and 2 guests. You get access to lounges with 3 different lounge networks: Capital One Lounges, Priority Pass, and Plaza Premium.

    The easiest way to keep track of which airports have lounges that give you access is to get the Lounge Buddy App. It lets you create a free account and note which cards you have that give you lounge access. Then when you search an airport, it will show you all the options at that airport.

    The ability to add Authorized Users for free is what sets this card apart and makes it the best credit card for families who want lounge access.

    Large Family Lounge Hack: Capital One lets you add kids of any age as authorized users. Not only will you help build their credit (Assuming you use the card responsibly), that means you can get even more people into the lounge! Each cardmember can bring 2 guests.

    Capital One Venture X

    Capital One Lounges

    Capital One currently has a lounge at the Dallas Fort Worth airport and lounges are scheduled to open in Denver in 2022 and Washington Dulles in 2023.

    Each cardmember can bring 2 guests with them into the lounge.

    To access the lounge, just show your Venture X card. Check out this great review by Miles for Family to see what the lounge is like.

    Priority Pass Lounges, Restaurants, and Experiences

    Each cardmember is also able to enroll in a Priority Pass membership. Enter in your home airport or airports you are traveling to on the Priority Pass website to browse some options!

    Though I see other blogs reporting you get 2 guests with your Priority Pass membership, this is not what I see. The terms are actually vague about guests allowed for Priority Pass and currently say “unlimited access for member and guests.” This leads me to believe that you could actually get in more than 2 guests per card but I haven’t had the chance to test it myself yet.

    If you already have Priority Pass membership through an American Express card — this Priority Pass membership is actually more valuable. American Express excludes restaurants and spas from its Priority Pass membership — whereas this membership will give you access to all Priority Pass experiences.

    When you receive your physical card, you can use the number to sign up here for Priority Pass Membership : https://prioritypass.com/capitalone

    You have to be 18 to sign up for Priority Pass Membership. If you added your kid as an authorized user, there is an easy workaround to get the Priority Pass Membership in the name of an adult.

    That’s because of this: the name on the Priority Pass membership does not have to match the name on the credit card. Essentially the credit card gives you the benefit of signing any one person up for a Priority Pass membership.

    In our case, I added my son as an authorized user on my card. He is 9 so he can’t get a Priority Pass membership because there is a minimum age of 18. Instead, I used his card number and created a Priority Pass membership for my husband.

    There are two extra benefits here, too! First, I didn’t have to add my husband to the card as an authorized user (so it doesn’t affect his 5/24 status for trying to open Chase cards). Second, it will help my son build credit.

    A few weeks after you sign up, you will receive your Priority Pass card in the mail. I recommend you download the app and use the digital membership card instead!

    When you enter a Priority Pass location, you’ll typically need to show your membership card and your boarding pass for the day. They will process your card and add any guests you have with you. Be sure to check open and close times as well as guest policies for individual lounges. Some restaurants, for instance, only allow 1 guest. Some spas allow no guests.

    If you are a single parent, you can add your child as an authorized user on the card and then open a second Priority Pass membership in your name. When you go to use a Priority Pass lounge, you can use both cards in your name and they will allow you to bring in two guests per card.

    Plaza Premium Lounges

    Capital One Venture X cards also give you access to select Plaza Premium Lounges. This includes some Virgin Atlantic Clubhouses.

    Show your Venture X card to get access to the lounges for yourself and two guests.


    Capital One Venture X Benefits

    You can find more details and even more benefits in the Venture X’s benefits guide. Because the Venture X is a Visa Infinite card, you also get access to Visa Infinite perks.

    Capital One Venture X

    Cell Phone Protection

    If you pay your cell phone bill with the Venture X card, you will receive complimentary cell phone protection. It applies to all lines on the bill.

    You get $800 of coverage if your cell phone is stolen or damaged. There is a $50 deductible per claim and you can use the benefit twice per 12 month period.

    This includes accidental damage.

    Free Shipt Membership for 3 Years

    With your Venture X card, you are also entitled to a Free Shipt Membership for 3 years! This gives you free delivery on orders over $35. Activate your benefit here.

    Free Museum Membership – includes the Louvre!

    Through a new partnership with Cultivist, Capital One Venture X cardholders can get a 6 months complimentary Enthusiast level membership (a $240 value).

    Note that the ongoing monthly membership fee of $40 is automatically billed after complimentary membership expires. Make a note to cancel your membership after 6 months.

    This membership allows you and 3 guests to enter the museums for free. If you’re a family, you may want to stagger when you sign up for this benefit to maximize your time.

    Sign up here to activate your membership. Browse the list of museums to see which require you to request tickets 24 hours in advance, others give you instant access. The Louvre requires 7 days advance notice.

    This can represent huge savings for families who love museums!

    TSA Precheck / Global Entry Credit

    If you pay for your TSA PREcheck or Global Entry membership with the Venture X, you will get a statement credit for up to $100 (valid once every 4 years).

    Hertz President’s Circle status

    The primary cardmember and authorized users can sign up for this status. Perks include being able to skip the counter, guaranteed upgrades, and free additional drivers.

    Extended Warranty Protection

    You can receive an additional year of warranty protection at no charge on eligible items that are purchased with your Venture X card.  

    Visa Infinite Concierge

    Want a hand making the perfect dinner experience? A Visa Infinite concierge will help make the reservation and more, like line up live stage show, music or sporting event tickets.

    Venture X Travel Insurances

    Trip Cancellation and Interruption Coverage

    If you paid for a ticket with your Venture X, you can receive up to $2,000 per eligible person for the nonrefundable common carrier ticket.

    “Eligible persons” include you (the cardholder), your spouse or domestic partner and your dependent children if you charged the entire cost of the trip to your card or redeemed your miles earned from the card.

    The trip cancellation and interruption insurance on the Venture X will only cover you and your immediate family members in one of the following scenarios, but there are some excluded situations.

    • Death, accidental bodily injury, disease or physical illness.
    • Default of the common carrier resulting from financial insolvency.

    Trip Delay Reimbursement

    If you experience a flight delay of at least six hours or requiring an overnight stay, you can receive up to $500 per eligible person for reasonable expenses incurred such as hotel rooms, meals and more. Your period of travel also must not exceed more than 365 days.

    Auto Rental Collision Damage Waiver

    Rent an eligible vehicle with your card and you could be covered for damage due to collision or theft. Learn more about rental car insurance.


    My Take

    This is the best option for families who are looking to get airport lounge access. Even better, since you can add 4 authorized users for free (who get their own lounge access) it is so easy for a whole family to get in. Or add a friend/parent/sibling and gift them their own lounge access for Christmas!

    Capital One Venture X

    I love that it is easy to make up your $395 annual fee. The $300 annual travel credit is fairly easy to use (and note my trick above for cashing it out). In general to get the credit, you will have to book through the Capital One portal which means if you book hotel stays you won’t earn elite night credits or be able to utilize any elite benefits you have. But since it is a Visa Infinite card, the car rental protection will be strong, so we will likely use our credit to book rental cars. 

    The lounge access for families as well as the ability to easily get our annual fee value back means this is easily a card we will keep long term. 

    The transfer partners for Venture miles may seem a bit obscure, but there are some great options which I will outline below. 

    In the past, Capital One has been notoriously fickle with people who have many cards open. I was auto-approved even though I’m at 8/24 (have opened 8 personal cards in the past 24 months). 

    If you decide to apply, I appreciate if you use my referral link!

    Capital One Venture X
    Capital One® Venture X : Earn 75,000 bonus miles
    • 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
    • $395 annual fee
    • $300 annual travel credit when booking through Capital One’s portal
    • 10,000 points every year on account anniversary (worth at least $100)
    • Statement credit for Global Entry or TSA Precheck
    • Easy airport lounge access for your whole family
    • Miles can be redeemed to erase any travel purchase. 75,000 miles = $750
    • Can be transferred to a variety of partners like Jet Blue, Wyndham, Avianca, Turkish Airways and more.
    • Get our downloadable checklist here so you can max your benefits


    5 Great Uses of Venture X Miles

    Here are 4 of my favorite uses for families with Venture X miles!

    Capital One Venture X

    Use your miles to “erase” any travel purchase — even Disney!

    While this is not the way to get the max value from your miles — it is a very easy redemption option that still provides value! If you have 75,000 miles, you can use it to erase $750 of travel purchases.

    This works for any expense that codes as a travel expense. You can erase Airbnbs, hotels, or cheap flights. This is also the easiest way to pay for Disney Vacations using points.

    You can even plan to use your points this way before you have them.

    Transfer to Wyndham Rewards and use to book Vacasa Rental homes

    This is my personal favorite option and the one we plan to utilize for our Venture miles.

    Rental homes cost 15,000 Wyndham points per bedroom per night. This makes homes with lots of bedrooms very expensive but one bedrooms can be a great value. The pricing does not take into account if homes have lofts or basements with extra sleeping areas. Some one-bedroom homes actually sleep up to 8. Or you can book a 2 bedroom house for 30,000 points.

    Read my full post on Booking Vacation Rentals with Points for all the details.

    Transfer to British Airways for cheap flights to Dublin or Hawaii

    This booking might seem more advanced if you’re new to miles and points, but I promise you can do it!

    British Airways has different partner airlines and those are the ones you’d want to use miles to book on. British Airways charges very high taxes and surcharges on its own flights, so we avoid them.

    The sweet spot here is direct flights. British Airways uses a distance-based calculation for award flights. It also charges per flight segment. This means it makes flights with connection very expensive.

    Two of the best deals are:

    • Fly from the West Coast to Hawaii on non-stop flights (on their partners Alaska or American) for 26,000 points round trip. Taxes will be $5.60 each way. You will need to find saver availability on those award flights.
    • Fly on AerLingus for 26,000 miles round trip on direct flights from Chicago and farther east (if you fly off-peak). You will pay taxes and fees of $200ish per person.

    Transfer to Choice Hotels for great stays in Europe

    Venture miles transfer to Choice hotels at a 1:1 ratio. This isn’t as good as the Citi Premier card, which transfers at 1:2 — so if you like this option, I’d recommend you look at the Citi Premier card instead. But Choice has some fabulous hotels in Europe — like this one in Venice which is as low as 16,000 points per night.

    It also has some great family options in the US with 1 bedroom suites or bigger.

    Buy baseball tickets to a MLB game

    Capital One has some exclusive tickets at baseball games — and sometimes you can get great seats for as little as 5,000 points each. See Thrifty Traveler’s write up for all the details.


    Card Application

    If you decide to apply, I am so grateful if you use my affiliate link!

    Capital One Venture X
    Capital One Venture X
    Capital One® Venture X : Earn 75,000 bonus miles
    • 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
    • $395 annual fee
    • $300 annual travel credit when booking through Capital One’s portal
    • 10,000 points every year on account anniversary (worth at least $100)
    • Statement credit for Global Entry or TSA Precheck
    • Easy airport lounge access for your whole family
    • Miles can be redeemed to erase any travel purchase. 75,000 miles = $750
    • Can be transferred to a variety of partners like Jet Blue, Wyndham, Avianca, Turkish Airways and more.
    • Get our downloadable checklist here so you can max your benefits

    Editorial Disclosure – The editorial content is not provided or commissioned by the credit card issuers. Opinions expressed here are the author’s alone, not those of the credit card issuers, and have not been reviewed, approved or otherwise endorsed by the credit card issuers.

    7 thoughts on “Capital One Venture X: Benefits and Review”

    1. Pingback: Visit Disneyland Paris with Points - Katie's Travel Tricks

    2. Pingback: How to Stay At Disney Hotels with Points - Katie's Travel Tricks

    3. Hi Katie!
      I was traveling with my 3 kids and have 2 Priority Memberships (I used your ‘single parent’ tip to get a second card). When we went into the lounge, they would not allow me to use my second membership since both memberships were under my name, so I had to pay for my third child to come in with us. This was one of the primary reasons I chose the Venture X card over the others. Did the rules change or am I not doing something correctly to take advantage of the second membership? Thank you!

      1. A few questions. First, did you end up getting actually charged for the 3rd guest? As far as I have read in the terms it just says “guests” with no number. I haven’t gotten to test this out though and other bloggers have all been saying 2 guests. But I am not sure anyone has actually tested it and terms don’t have a number attached.
        And then it is possible that this is just a rule enforced at that particular lounge. We’ve used two separate cards under the same name to sign in multiple times and never had an issue.
        I have a few other ideas for workarounds, but first check to see if you were actually charged at all when they rung you up for 3 guests.

        1. Hi Katie – Thanks for your reply.
          This just happened over the weekend so I’m not sure if I’m going to be charged but I’m not seeing anything as pending so far. Perhaps you’re right that I won’t be charged but we were definitely limited to 2 guests. I’ll keep you posted about the charges.
          However, I am optimistic that you’ve had success with two cards under the same name. This makes me feel alot better for choosing the Venture X card. Thanks again!

        2. Hi Katie,

          Looks like you were right. It’s been over a week and I’m not seeing the charges on my credit card.
          Not sure why the front desk person had an issue with my second membership. It caused a bit of confusion at the time but seemed to have worked out. Next step is to use up the $300 travel credit and will try your suggestion, if needed. Thanks again!

        3. Good to know! This fits with the terms that I can read which indicated it is actually unlimited guests at Priority Pass lounges. If you were to visit a Capital One lounge, you would just show the authorized user Venture X card for your child and that should be fine there. The other option is that Capital One has announced that you can use your Venture X instead of a Priority Pass card to enter a lounge. So you could try using the one Priority Pass card and the Venture X card that is in your child’s name. Unfortunately we don’t have any air travel at Priority Pass lounges where I can test all this until November!

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