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

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Christine Krzyszton

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Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, deta...
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Chris is a freelance writer and editor with a focus on timely travel trends, points and miles, hot new hotels, and all things that go (he’s a proud aviation geek and transit nerd). Formerly full time ...
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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 and 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.

Capital One Venture X Business Card vs. Ink Business Preferred Card — 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.

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Feature or BenefitCapital One Venture X Business CardInk Business Preferred® Credit Card
Welcome OfferEarn 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months.NEW OFFER: Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months.
Earning
  • 10x miles on hotels and rental cars via Capital One Travel
  • 5x miles on flights via Capital One Travel
  • 2x miles on all other purchases
  • 10,000 bonus miles at the card anniversary (starting with the first renewal)
  • 5x points on Lyft rides through March 2025
  • 3x points on select business purchases, up to $150,000 in purchases each year
  • 1x points on all other purchases
Top Redemption Options
  • Redeem miles via Capital One Travel
  • Transfer miles to airline or hotel partners
  • Redeem miles for a statement credit toward previous travel purchases
  • Redeem points via the Chase Ultimate Rewards travel portal
  • Transfer points to airline or hotel partners
  • Redeem points for a statement credit
Top Travel Protections and Benefits
  • Worldwide lounge access
  • Primary car rental insurance
  • Up to $300 travel purchase credit via Capital One Travel

Primary car rental insurance, trip cancellation, trip interruption, and trip delay

 

Top Shopping Protections and Benefits
  • Fraud coverage
  • Extended warranty, purchase assurance
  • Cell phone protection
  • Purchase protection, extended warranty
Annual Fee and Authorized Users
  • Annual fee of $395
  • No additional fee to add employee cards
  • Annual fee of $95
  • No additional fee to add authorized users

The Value of a Welcome Bonus Offer

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:

LIMITED TIME OFFER
Capital One Venture X Business Card

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.
For a limited time through March 11th, 2024, earn up to 300,000 bonus miles: 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months
Up to 300,000 miles
$5,400
$395
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.

Information collected independently. Not reviewed by Capital One.


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 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

  • 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
  • 5x miles per $1 on flights purchased through Capital One Travel
  • 2x miles per $1 on all other purchases
  • $300 annual travel credit on bookings made through Capital One Travel
  • 10,000 bonus miles awarded on your account anniversary each year
  • Unlimited complimentary access for cardholder and 2 guests to 1,300+ lounges, including Capital One Lounges and Priority Pass lounges
  • Global Entry/TSA PreCheck credit
  • Free employee cards
  • No preset spending limit
  • No foreign transaction fees

Cons

  • $395 annual fee (rates and fees)
  • 10x and 5x bonus categories are limited to Capital One Travel bookings
  • Earn unlimited 2X miles 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
  • For a limited time through March 11th, 2024, earn up to 300,000 bonus miles: 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Earn unlimited 10X miles on hotels and rental cars and 5X miles on flights 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 $100 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
  • Elevate your stay at luxury hotels and resorts from the Premier Collection with a $100 experience credit and other premium benefits on every booking

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

Card Categories

Rewards Center

Capital One Miles

NEW OFFER
Ink Business Preferred® Credit Card

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.
Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel
100,000 points
$2,000
$95
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)

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

  • 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
  • Trip cancellation and interruption insurance
  • Rental car insurance
  • Extended warranty coverage

Cons

  • No elite travel benefits like airport lounge access
  • Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 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
Bottom Line:

Both the Capital One Venture X Business card and Ink Business Preferred card come with a generous welcome bonus that can be earned by meeting minimum spending requirements in the specified period immediately after card approval.

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

Chase Ink Refer a Friend
Referring other business owners can result in hundreds of thousands of additional bonus points. Image Credit: Chase

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.

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Earning CategoryCapital One Venture X Business Card Ink Business Preferred Card
Travel
  • 10x miles on hotels and rental cars via Capital One Travel
  • 5x miles on flights via Capital One Travel
  • 2x miles on all other travel
3x points on all types of travel (up to $150,000 in combined purchases for all 3x categories)
Business Expenses2x miles3x points for internet, cable/phone services, shipping expenses, ads purchased with search engines or social media sites (up to $150,000 in combined purchases for all 3x categories)
All Other Purchases2x miles1x points

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.

Bottom Line:

You’ll earn 2x miles on every purchase (and up to 10x miles on select travel with Capital One Travel) on the Capital One Venture X Business card. Travel and common business purchases earn 3x points on up to $150,000 each year with the Ink Business Preferred card.

Redemption Options

Cathay Pacific Airbus A350 Business Class Window Seat
Rewards earned on either card will have flexible options at redemption time. Image Credit: Cathay Pacific
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Redemption OptionCapital One Venture X Business Card Ink Business Preferred Card
Travel
  • Redeem miles for 1 cent each for travel via Capital One Travel
  • Transfer miles to airline or hotel partners for greater potential value
  • Redeem miles for 1 cent each toward a statement credit for travel purchases from the previous 90 days
  • Redeem points for 1.25 cents each for travel via the Ultimate Rewards travel portal
  • Transfer points to airline or hotel partners for greater potential value
  • Redeem points for 1 cent each for a statement credit for previous travel purchases
Statement CreditsRedeem for 0.5 cents each for a general statement credit Redeem for 1 cent each for a general statement credit
Additional Redemption OptionsGift cards, Amazon, checkout with PayPal, experiencesGift cards, Amazon, cash-back, merchandise

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.

Bottom Line:

The best potential value for rewards earned on the Capital One Venture X Business card and Ink Business Preferred card may be realized by transferring rewards to airline or hotel partners. The Ink Business Preferred card offers 25% additional value when redeeming Ultimate Rewards points via the Chase travel portal. Capital One miles receive 1 cent in value via Capital One Travel.

Travel Protections and Benefits

CBP Global Entry Enrollment Center fingerprints
Travel benefits can help make travel easier. Image Credit: Josh Denmark via U.S. Customs and Border Protection

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:

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Protection or BenefitCapital One Venture X Business Card Ink Business Preferred Card
Car Rental InsuranceUse your card to rent an eligible vehicle and receive coverage for collision or theft of most rental carsPrimary coverage when renting for business or when renting outside the U.S., secondary when renting for personal use within the U.S.
Lost LuggageYou may be eligible for reimbursement due to theft or misdirectionUp to $3,000 if baggage is lost, stolen, or damaged
Global Entry/TSA PreCheck Fee ReimbursementPay for your application or renewal fee for Global Entry or TSA PreCheck and receive up to $100 as a statement credit.
Hotel Program BenefitsPremier Collection and Lifestyle Collection hotel benefitsLuxury Hotel Collection Benefits
Foreign Transaction FeesNone

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 — Additional Travel Protections and Benefits

  • 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 — Additional Travel Protections and Benefits

  • 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.
Bottom Line:

The Capital One Venture X Business card and Ink Business Preferred card each come with several travel protections and benefits, including primary car rental insurance, baggage insurance, Global Entry/TSA PreCheck reimbursement, and hotel collection benefits. In addition, the Capital One Venture X Business card comes with a $300 Capital One Travel credit and valuable worldwide lounge access to over 1,400 properties.

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:

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Protection or BenefitCapital One Venture X Business Card Ink Business Preferred Card
Purchase Security/Purchase ProtectionEligible purchases are covered for the first 90 days of purchase in the event of theft or damage90 days from the purchase date up to $10,000 per claim, up to $50,000 per card account
Extended Warranty ProtectionExtends the factory warranties of eligible items purchased with your cardFor items with manufacturer’s warranties of 3 years or less, 1 year is added, up to $10,000 per claim, up to $50,000 per card account
Shopping OffersCapital One ShoppingChase Offers, Shop Through Chase

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.

Bottom Line:

Both the Capital One Venture X Business card and the Ink Business Preferred card come with valuable coverage for damage or theft of eligible items purchased with the card. Extended warranty protection is also offered on both cards.

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.

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

Frequently Asked Questions

Which is the better business card, the Capital One Venture X Business card or the Ink Business Preferred card?

The better card for your business will depend on which card rewards your highest business expenses and matches your preferences at redemption time. Additionally, both cards are packed with travel/shopping protections and benefits. The card offering benefits that can add economic value to your specific situation will be the better fit. Finally, your tolerance for paying an annual fee will also help determine which is the better card for your operation.

Does the Ink Business Preferred card come with airport lounge access?

No, the Ink Business Preferred card does not offer airport lounge access. However, the card does come with a long list of useful travel insurance benefits.

What is the credit limit on the Capital One Venture X Business card?

The Capital One Venture X Business card is a charge card and has no preset spending limit or credit limit. This also means the card must be paid off, in full, each statement period.

What is the annual fee of the Capital One Venture X Business card?

The Capital One Venture X Business card has an annual fee of $395.

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About Christine Krzyszton

Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, detailed content for UP.

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