Capital One Venture X Visa or Mastercard: A Comprehensive Review

The Capital One Venture X Visa and Mastercard are two popular credit cards that offer a range of benefits and rewards. The Venture X Visa offers 75,000 miles after spending $4,000 in the first 3 months, while the Mastercard offers 75,000 miles after spending $4,000 in the first 3 months as well.

Both cards have a $300 credit for travel purchases, which can be redeemed for travel statement credits or applied to pay travel expenses. This can be a great benefit for frequent travelers.

The Venture X Visa has a higher annual fee of $395, while the Mastercard has a lower annual fee of $395 as well. This fee can be worth it for those who value the card's benefits and rewards.

The Capital One Venture X Visa or Mastercard offers a range of rewards and benefits that make it a compelling choice for travelers.

The card's welcome bonus is 75,000 miles after spending $4,000 on eligible purchases in three months, worth $1,275 in travel based on Business Insider's valuations.

You can earn 10X miles on hotels and rental cars booked through Capital One Travel, 5X miles on flights booked through Capital One Travel, and 2X miles on all other purchases.

A cardmember will receive an annual statement credit of up to $300 when booking through the Capital One Travel portal.

The card also comes with a slew of powerful travel insurance benefits, including travel accident coverage, insurance for trip cancellation or interruptions, trip delay reimbursement, and lost luggage reimbursement.

You can use your rewards to book award travel with more than a dozen airline and hotel Capital One transfer partners.

The card's annual fee is $395, which is lower than similar cards, and comes with a range of valuable travel perks, including airport lounge access through Priority Pass, Plaza Premium, and Capital One.

Here are the key benefits of the Capital One Venture X Visa or Mastercard:

The Capital One Venture X Rewards Credit Card offers impressive travel perks, including a $300 annual statement credit when booking through the Capital One Travel portal.

You can use this credit to offset travel expenses, making it a valuable benefit for frequent travelers. This credit is a nice touch, especially since it's simpler than some other travel perks on the market.

Travel insurance benefits are also included, such as travel accident coverage, trip cancellation or interruptions, trip delay reimbursement, and lost luggage reimbursement.

Travel Insurance and Purchase Protection can be a lifesaver on long trips or when making big purchases. This card comes with a slew of powerful travel insurance benefits.

Travel accident coverage and insurance for trip cancellation or interruptions are just a few of the benefits that can provide peace of mind.

The Capital One Venture X Rewards Credit Card also offers trip delay reimbursement and lost luggage reimbursement.

Extended warranty and purchase protection are available if you buy large-ticket items with this card. I have yet to use any of these benefits, primarily because I have several other cards with overlapping benefits.

Global Entry is a game-changer for frequent international travelers, saving you hours of waiting time in line over a year.

You can receive a statement credit of up to $120 every four years for the Global Entry or TSA PreCheck application fee with the Capital One Venture X Rewards Credit Card.

As a cardholder, you can use this credit for your own application or gift it to a friend or family member whose Global Entry membership is covered by another card.

Global Entry includes enrollment in the TSA PreCheck program, making it a convenient and cost-effective option for those who travel frequently.

You can use the Capital One Venture X card to pay for the application and receive up to $100 in statement credit.

The Capital One Venture X card charges a $395 annual fee, which may seem steep at first, but can be easily offset by taking advantage of its bonuses and benefits. This fee is lower than some of its competitors, such as the Chase Sapphire Reserve card, which costs $550.

Not only is the annual fee $395, but the card also doesn't charge foreign transaction fees, making it a great option for international travelers. This is a must-have benefit when traveling abroad.

The Venture X Business Card's annual fee is $395, which is on the higher end for business credit cards, but is still lower than some other premium business credit cards on the market, such as the Business Platinum Card from American Express, which has an annual fee of $695.

You can get a statement credit of up to $120 for the Global Entry or TSA PreCheck application fee every four years with the Capital One Venture X Rewards Credit Card.

Global Entry allows you to use the expedited immigration lane when returning to the U.S. from international travel, and it includes enrollment in the TSA PreCheck program.

Using this credit for a Global Entry application is a great idea, as it can save you hours of waiting time in line over a year if you often travel internationally.

The annual fee is a significant cost to consider when choosing a credit card. The Capital One Venture X Rewards Credit Card charges a $395 annual fee, which is considered relatively affordable compared to other premium credit cards.

This fee can be offset by the card's bonuses and benefits, such as the statement credit for up to $200 for qualifying vacation rental purchases. However, this credit is a promotional offer and may be pulled at any time.

The annual fee is also a major point of consideration when comparing business credit cards, such as the Venture X Business Card and the Ink Business Preferred Card. The Venture X Business Card has an annual fee of $395, while the Ink Business Preferred Card charges an annual fee of $95.

Here's a comparison of the annual fees of some popular credit cards:

The annual fee can be offset by the card's bonuses and benefits, such as the 10,000 annual miles bonus, which can be redeemed for $100 or more, depending on the valuation of the miles. This bonus, combined with the $300 travel portal credit, can completely offset the annual fee.

Capital One issues several of the best credit cards on the market, from options that can help you build your credit to a premium card that earns valuable travel rewards.

To get a Capital One card, you'll need to apply online, by phone, or through the Capital One mobile app.

The application process is relatively quick and easy, and you can usually get a decision within a few minutes.

Capital One will review your credit report and income information to determine whether you qualify for a card and what terms you'll be offered.

If you're approved, you'll typically receive your card in the mail within 7-10 business days.

The Capital One Venture Rewards Credit Card is especially popular thanks to its robust marketing budget and television commercials, but it's not necessarily the right card for everyone.

Your best option is the one that fits your spending style and your goals, so take some time to review your options before applying.

The Capital One Venture X Rewards Credit Card has a massive welcome bonus worth $1,275 in travel, making it a great option for those looking to earn rewards quickly.

This bonus is worth $1,275 based on Business Insider's valuations and can be earned by spending $4,000 on eligible purchases in three months.

The Venture X card is a premium travel card that earns 10X miles on hotels and rental cars booked through Capital One Travel, making it a great option for those who frequently book travel through the Capital One portal.

Capital One issues several of the best credit cards on the market, from options that can help you build your credit to a premium card that earns valuable travel rewards.

The Capital One Venture Rewards Credit Card is especially popular thanks to its robust marketing budget and television commercials. But it's not necessarily the right Capital One card for you.

To find the best Capital One card for your needs, consider your spending style and goals. This will help you determine which card fits you best.

You'll need an excellent credit score to be approved for the Venture X card, which means a score above 740. However, some travelers have been approved with credit scores in the "Good Credit" range between 700 to 740.

If you have your credit report frozen at any of the three credit bureaus, you'll need to remove the freeze before applying for a Capital One credit card.

If you get denied for the Capital One Venture X, don't panic - it's not the end of the world. I've been there myself, and I can tell you it's unpredictable.

Even if you meet all the requirements and have a good credit score, like I did with a 798, getting approved is still not a guarantee. My credit score was 798, and I never carry a balance on any of my cards.

You'll get a letter in the next seven to 10 business days explaining why your application was denied, but in my case, the bank couldn't tell me why I was denied on the phone. I called their credit card reconsideration phone line twice, and both times I got the same answer.

You can always apply again in the future, and outside of your credit score taking a temporary hit of a few points, getting declined for a credit card isn't going to have much of a long-term impact. In my case, nothing had changed with my financial situation, and I hadn't opened or closed any credit cards.

To qualify for the Capital One Venture X Rewards Credit Card, you'll need excellent credit, which means you've never declared bankruptcy or defaulted on a loan, been more than 60 days late on any credit card, medical bill, or loan in the last year, and have had a loan or credit card for three years or more with a credit limit above $5,000.

A FICO score of at least 800 is also required for excellent credit. The good news is that you can still get approved if you already have the Capital One Venture Rewards Credit Card open, as these cards are considered totally different products.

It's also possible to upgrade the Capital One Venture Rewards Credit Card to the Capital One Venture X Rewards Credit Card, but you won't earn the welcome bonus and it's up to Capital One to decide if you're eligible.

The Capital One Venture X Visa or Mastercard is a premium credit card that offers a range of benefits, but it's essential to compare it to other options to determine if it's the right choice for you.

The Venture X Business Card charges a $395 annual fee, which is considered "affordable" compared to other premium credit cards. However, this fee is $300 more than the Ink Business Preferred Card.

To decide between these two cards, consider your business's expense levels and categories. The Venture X Business Card's spending bonuses are geared towards businesses that spend a lot on travel, while the Ink Business Preferred Card's bonuses are more general, covering expenses like shipping, advertising, and internet services.

Here's a comparison of the two cards:

Ultimately, the choice between these two cards depends on your business's specific needs and expenses. If you spend a lot on travel and can earn the welcome bonus, the Venture X Business Card may be a good choice. However, if your business has lower expense levels or spends more on general expenses, the Ink Business Preferred Card might be a better option.