
Venture X miles can indeed expire with time, but it's not a straightforward process. If your card is inactive for 12 months or more, your miles will expire and you won't be able to redeem them.
You can check the expiration date of your miles by logging into your account online or through the mobile app. This will give you a clear idea of when your miles will expire.
However, if you continue to use your card for purchases or pay your annual fee, your miles will remain active and won't expire. This is a good reason to make sure you're using your card regularly.
What is Venture X Miles
Venture X Miles are a type of rewards currency earned by members of the Venture X community, a network of coworking spaces and business services.
To earn Venture X Miles, members can use their credit card, pay rent at a Venture X location, or take advantage of other program benefits.
Venture X Miles can be redeemed for things like free coworking space, meeting rooms, and other business services.
Members can also use their Venture X Miles to book travel, hotel stays, and other experiences through the Venture X Miles travel portal.
The Venture X Miles travel portal is a unique feature of the program that sets it apart from other rewards currencies.
Do Venture X Miles Expire
Venture X miles can expire, but the timeline varies depending on the specific program.
Typically, Venture X miles expire after 18 months of inactivity.
If you're a frequent traveler, you might not notice the miles expiring, but if you're not using your miles regularly, it's essential to keep track of your account activity to avoid losing your miles.
Expiration Period
Venture X miles expire after a certain period of inactivity, typically 24 months. This means that if you don't earn or redeem miles within 2 years, they will expire.
The expiration period starts from the date of the last activity on your account, which can be earning or redeeming miles. If you haven't used your miles in 2 years, you'll lose them.
For example, if you earned 1,000 miles in January 2020 and didn't use them until January 2022, the expiration period would start from January 2022, not from when you earned the miles.
Anniversary Bonus
The anniversary bonus is a great perk for Venture X cardholders, who receive 10,000 bonus miles on their account anniversary.
These miles are worth a significant amount, with a value of $185 when redeemed through Capital One's airline and hotel transfer partners.
You'll receive these miles one year after opening your account and each subsequent year on that date, not at the start of a new calendar year each January.
This means you can look forward to an extra $185 in value every year, on top of the $300 Capital One Travel credit you already receive.
Expiration Date
Venture X miles do expire, but they have a long shelf life. They can remain active for up to 5 years from the date of issuance.
The expiration date is tied to the account holder's anniversary date, which is the date their Venture X account was opened. This means that miles will expire on the anniversary of the account opening, regardless of when they were earned.
If you don't use your miles within the 5-year window, they will expire and be forfeited.
Unused Miles
Unused miles can be a real bummer, especially if you've accumulated a large balance. Unused miles typically expire 12 to 18 months after the last qualifying purchase or balance transfer.
If you have a Venture X card, you're in luck because unused miles don't expire as long as your account remains open. This means you can keep earning and redeeming miles without worrying about them disappearing.
However, if you close your account, any unused miles will be forfeited. It's essential to keep your account active to avoid losing your accumulated miles.
Sources
- https://thepointsguy.com/news/capital-one-venture-x-worth-annual-fee/
- https://onemileatatime.com/guides/capital-one-venture-x-anniversary-bonus-miles/
- https://wallethub.com/answers/cc/do-capital-one-venture-miles-expire-1000392-2140649728/
- https://wallethub.com/answers/cc/do-capital-one-venture-x-miles-expire-1000392-2140816934/
- https://frequentmiler.com/100k-capital-one-venture-rewards-credit-card-bonus-after-20k-in-purchases/
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