Capital One Venture X Business Card vs. Ink Business Preferred Card [Detailed Comparison]

Selecting the right business card can add bottom-line economic value to your business, help organize your expenses, and provide benefits that make your professional life easier.

The Capital One Venture X Business Card*×Information collected independently. Not reviewed by Capital One. and the Ink Business Preferred^® Credit Card are 2 exciting card options that match all of these priorities. Plus, both cards ensure that every purchase your business makes will earn rewards.

Because businesses can differ widely, we’ve compiled all the pertinent information you’ll need on today’s featured cards to make an informed decision on which card may be a better fit.

If you’re considering the Capital One Venture X Business card or the Ink Business Preferred card, you’ll find today’s card comparison timely and informative.

Overview

Because there is a great deal of information to consider when selecting a business card, we’ll start with a summary comparison of our featured cards before we get into the details.

Here’s a quick side-by-side of the key features and benefits of the Capital One Venture X Business card and the Ink Business Preferred card.

Welcome Bonus Offer Compared

Once you’re approved for either the Capital One Venture X Business card or the Ink Business Preferred card, you’ll have the opportunity to earn a generous welcome bonus.

Welcome bonus offers can be earned by meeting minimum spending requirements within the specified period immediately after card approval and can jumpstart your rewards earnings.

While welcome offers vary, these bonuses can have the potential to be worth thousands of dollars in value when redeemed for travel.

Here are some quick card snapshots that include the most current welcome bonuses:

Capital One Venture X Business Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Capital One Venture X Business card offers at least 2x miles on all purchases, and comes packed with premium perks.

Capital One Venture X Business Card

The Capital One Venture X Business card offers at least 2x miles on all purchases, and comes packed with premium perks.

Welcome Offer

Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening

150,000 miles

UP's Bonus Valuation*:

$2,700

Annual Fee

$395

APR

All charges made on this account are due and payable in full when you receive your periodic statement. The minimum payment due is the New Balance as indicated on your statement.

Why We Like This Card

The information regarding the Capital One Venture X Business card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

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The Capital One Venture X Business card is a great all-around premium rewards card that helps you rack up miles on all of your business expenses.

From 2x miles per dollar on all purchases, airport lounge access, an annual travel credit, complimentary employee cards, and more, there is plenty to love about the Capital One Venture X Business card.

Pros & Cons

Pros

• 10x miles per dollar on hotels and rental cars purchased through Capital One Travel
• 5x miles per dollar on flights and vacation rentals purchased through Capital One Travel
• 2x miles per dollar on all other purchases

Cons

• $395 annual fee (rates and fees)
• 10x and 5x bonus categories are limited to Capital One Travel bookings

Read Full Review

Card Highlights

• Earn unlimited 2X miles per dollar on every purchase, everywhere—with no limits or category restrictions
• This card has no preset spending limit, so you get purchasing power that adapts to your spending needs. The annual fee on this card is $395
• Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
• Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
• Earn unlimited 10X miles per dollar on hotels and rental cars and 5X miles per dollar on flights and vacation rentals booked through Capital One Travel, where you’ll get the best prices on thousands of options
• Every year, you’ll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings through Capital One Travel
• Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
• Skip the lines with up to a $120 statement credit on TSA PreCheck^® or Global Entry. Then enjoy unlimited complimentary access to Capital One Lounges and a network of 1,300+ lounges worldwide, including Priority Pass™ and Plaza Premium Group lounges
• This is a pay-in-full card, so your balance is due in full every month
• Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  

Financial Snapshot

• APR: All charges made on this account are due and payable in full when you receive your periodic statement. The minimum payment due is the New Balance as indicated on your statement.
• Foreign Transaction Fees: None

Rewards Center

Capital One Miles

Ink Business Preferred^® Credit Card

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Learn More(at Chase's secure site)

Ink Business Preferred^® Credit Card

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Welcome Offer

Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠.

90,000 points

UP's Bonus Valuation*:

$1,800

Annual Fee

$95

APR

20.74% - 26.74% Variable

Credit Recommended

Upgraded Points credit ranges are a variation of FICO^®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

Why We Like This Card

The Ink Business Preferred^® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.

Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.

Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.

Pros & Cons

Pros

• 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
• Cell phone protection
• Purchase protection

Cons

• No elite travel benefits like airport lounge access

Read Full Review

Card Highlights

• Earn 90k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $900 cash back or $1,125 toward travel when redeemed through Chase Travel℠
• Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
• Round-the-clock monitoring for unusual credit card purchases
• With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
• Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
• Points are worth 25% more when you redeem for travel through Chase Travel℠
• Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
• Member FDIC

Financial Snapshot

• APR: 20.74% - 26.74% Variable
• Foreign Transaction Fees: $0

Rewards Center

Chase Ultimate Rewards

Earning Potential

Earning rewards on the Capital One Venture X Business card and Ink Business Preferred card becomes automatic when using your card for everyday business expenses.

Here’s how you’ll earn rewards when spending on either card and additional ways to earn even more rewards.

Referral Opportunities

Although the Capital One Venture X Business card does not yet have a referral link, once approved, you can log in to your online card account and see if one has been added.

The Ink Business Preferred card does offer referral opportunities. Currently, you can earn up to 40,000 bonus points for each approved referral, a total of up to 200,000 bonus points each year.

Spending on the Card

The Capital One Venture X Business card earns rewards in the form of Capital One miles. The miles are not frequent flyer miles but points with flexible redemption options. The Ink Business Preferred earns Ultimate Rewards points, which also have flexible options at redemption time.

We’ll talk more about redemption options coming up next. First, let’s look at how you will earn rewards by spending on each of our featured cards.

To determine which card has the better earning potential, you will need to look at the specific spending mix of your business.

For businesses that spend a lot on equipment purchases, fuel, dining, and print advertising and have annual expenses greater than $150,000, the Capital One Venture X Business card could be a good choice for earning rewards.

If most of your business spending falls into the bonus categories of the Ink Business Preferred card, up to the $150,000 maximum per year, you’ll likely do better with this card.

Earning rewards is just one important consideration when selecting a business card. We’ll talk about the importance of value at redemption time and other key benefits shortly.

Renewal Bonus

Each card anniversary year, when you renew your Capital One Venture X Business card, you will receive 10,000 bonus miles.

The Ink Business Preferred card does not offer a renewal bonus.

Redemption Options

There’s much to discuss about redeeming rewards on each of our featured cards. On the plus side, both cards offer the option to transfer rewards to airline or hotel partners, typically at a 1:1 ratio. While this is the redemption option with the most potential for upside value, the collection of partners differs by card. Some partners, such as Emirates Skywards, Virgin Atlantic Flying Club/Virgin Red, and Singapore KrisFlyer, overlap between the 2 programs. However, each has unique partners of their own, as well.

You’ll want to check out the list of Capital One transfer partners and Chase transfer partners. We value Capital One miles at approximately 1.8 cents each and Chase Ultimate Rewards at 2 cents when redeemed this way.

Chase Ultimate Rewards points also have the edge over Capital One miles when used as a general statement credit or cash-back at 1 cent each in value. Capital One miles are worth just 0.5 cents for a general statement credit. Additionally, Ultimate Rewards points are worth 1.25 cents each when redeemed for travel via the Chase travel portal while Capital One miles redeem via Capital One Travel for just 1 cent each.

Travel Protections and Benefits

The Capital One Venture X Business card and Ink Business Preferred card both come with a long list of premium travel benefits.

Here are some of the travel protections and benefits the cards have in common:

Here are the additional benefits you’ll find on our featured cards and more details on some of the benefits listed above.

Capital One Venture X Business Card

• Worldwide Lounge Access — Enjoy complimentary Priority Pass Select membership with access for the cardholder and up to 2 guests to over 1,400 lounge and lounge-alternative restaurant properties. Cardholders also enjoy complimentary access to Capital One Lounges and Premium Plaza Lounges with 2 complimentary guests per visit.
• Capital One Travel Credit — Receive up to $300 credit each year to use toward travel purchases made with Capital One Travel.
• Premier Collection and Lifestyle Collection Hotel Benefits — Book your stay via Capital One Travel and receive complimentary breakfast for 2, an upgraded room when available, complimentary Wi-Fi, early check-in/late checkout, and up to $100 in credit for a unique on-site experience.

Ink Business Preferred Card

• Trip Cancellation/Trip Interruption Coverage — Receive up to $10,000 per person, up to $20,000 per trip, for eligible circumstances.
• Trip Delay Coverage — Receive up to $500 per ticket for delays of 12 hours or more or overnight.
• Baggage Delay Coverage — Receive up to $100 per day, up to 5 days, if baggage is delayed 6 hours or more.
• Visa Signature Luxury Hotel Collection Benefits — Receive elite-style perks when booking at over 900 properties worldwide. Benefits include an upgraded room (when available), complimentary breakfast for 2, late checkout on request (when available), complimentary Wi-Fi, and a $25 food/beverage credit.

Shopping Protections and Benefits

Eligible items purchased with the Capital One Venture X Business card or Ink Business Preferred card may have extra protection if something goes wrong with the purchase.

Shopping benefits that come with each card can also save money or help you earn additional rewards on your purchase.

Here are the shopping protections and benefits you’ll find on our featured cards:

Additionally, the Ink Business Preferred card comes with cell phone protection of up to $1,000 per claim for damage/theft for cardholder and employee phones listed on the monthly bill paid with the card, up to 3 claims per 12-month period, $100 deductible per claim.

Annual Fees and Authorized Users

The annual fee for the Capital One Venture X Business card is $395, and the annual fee for the Ink Business Preferred card is $95.

Adding authorized users to your business card can help with managing expenses. Additional cards for key employees can allow them to make purchases and free up a business owner for more important tasks. Plus, the expenses can be monitored and tracked.

Fortunately, there is no additional fee to add employee cards to either of our featured cards.

Additional Information

Some of the common travel/shopping protections and benefits will have different terms and conditions and even different coverage limits.

Also note that we haven’t included every feature or benefit that comes with our featured cards, just key ones for comparison purposes. We’ve also abbreviated the descriptions.

The source for full information will be each card’s Guide to Benefits.

Additionally, the Capital One Venture X Business card is a charge card with no preset spending limit. This also means that the card must be paid off each statement period.

The Ink Business Preferred card is a credit card that charges interest when a balance is carried from one statement period to the next.

Final Thoughts

At first glance, the Capital One Venture X Business card has a higher annual fee than the Ink Business Preferred card. If you value worldwide lounge access and can utilize the up to $300 travel credit with Capital One Travel, you may realize value beyond that annual fee with just those 2 benefits.

When we look at earning potential, the better card for your business will depend on your business’s spending patterns. If your expenses include high levels of spending for online advertising, shipping, and phone services, earning 3x points with the Ink Business Preferred card can be compelling. If your spending is in other categories, or greater than $150,000, earning 2x miles on all of those purchases with the Capital One Venture X Business card could make sense.

While both cards have flexible redemption options, the Ink Business Preferred has the option to redeem points for cash/statement credit at the rate of 1 cent each — an option, while not good value, that could deliver cash funds in a pinch. Points can also be redeemed for 1.25 cents each through the Chase travel portal, while Capital One miles can be redeemed for just 1 cent each via the associated portal.

You won’t go wrong selecting either card if you take the time to match the card’s strengths to your business structure and preferences.