Chase Sapphire Reserve Business Card vs. Capital One Venture X Business Card [Detailed Comparison]

The credit card market has seen a notable increase in premium travel rewards cards, particularly in the business credit card sector. Most notably, the Sapphire Reserve for Business℠ and the Capital One Venture X Business Card*×Information collected independently. Not reviewed by Capital One. are excellent premium business credit card options.

Each card offers a fantastic welcome bonus offer, a long list of travel perks and benefits, useful statement credits to offset the hefty annual fees, solid redemption rates, and multiple ways to redeem the points and miles earned.

Here’s an overview of these featured cards and how they compare.

Card Overview

Here’s an overview of the Chase Sapphire Reserve Business card and the Capital One Venture X Business card:

For a more comprehensive overview (and additional terms and conditions), consult the guide to benefits for each card for more details. Some benefits require enrollment, or there may be minimum spending requirements to earn them.

Welcome Offer Comparison

After meeting the minimum spending requirements on a travel rewards card, you typically earn its welcome bonus offer. These substantial offers are generally the most effective way to earn a large number of points or miles at once.

Here’s a quick overview of the welcome offers for the Chase Sapphire Reserve Business card and the Capital One Venture X Business card:

Chase Sapphire Reserve Business Card

NEW OFFER

Terms Apply / Rates & Fees

Sapphire Reserve for Business℠

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs 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 Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Apply Now

Sapphire Reserve for Business℠

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Welcome Offer

Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening.

200,000 points

UP's Offer Valuation*:

$4,000

Annual Fee

$795

APR

18.24% - 26.24% 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 card application.

Excellent

Why We Like This Card

The Chase Sapphire Reserve Business card is a great pick for business owners who can easily make use of the annual credits for travel, Google Workspace, ZipRecruiter, and more. Plus, it offers helpful bonus categories such as ad spend and offers access to over 1,300 airport lounges — including Chase Sapphire Lounges.

Pros & Cons

Pros

• 8x points on Chase Travel purchases
• 4x points on flights and hotels booked directly
• 3x points on advertising purchases made with social media sites and search engines (uncapped)

Cons

• $795 annual fee

Read Full Review

Card Highlights

• Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and with more than $2,500 in annual value, there's no competition.
• Earn 8x points on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
• Earn 5x total points on Lyft rides through 9/30/27.
• Earn 4x points on flights & hotels booked direct.
• Earn 3x points on social media & search engine advertising.
• Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
• Enjoy complimentary access to the Chase Sapphire Lounge^® by The Club network and Priority Pass™ Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
• Member FDIC

Financial Snapshot

• APR: 18.24% - 26.24% Variable
• Foreign Transaction Fees: None

Capital One Venture X Business Card

LIMITED-TIME OFFER

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 ins and outs 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 up to 150k 400k bonus miles: 200k miles when you spend $30k in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months.

Up to 150,000 400,000 miles

UP's Offer Valuation*:

Up to $7,200

Annual Fee

$395

APR

This is a pay-in-full card, so your balance is due in full every month.

Why We Like This Card

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

Cons

• $395 annual fee
• 10x and 5x bonus categories are limited to Capital One Business Travel

Read Full Review

Card Highlights

• LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
• Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
• Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
• With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
• 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
• Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
• Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
• Receive up to a $120 credit for Global Entry or TSA PreCheck^®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
• Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
• This is a pay-in-full card, so your balance is due in full every month

Financial Snapshot

• APR: This is a pay-in-full card, so your balance is due in full every month.
• Foreign Transaction Fees: None

Rewards Center

Capital One Miles

Bottom Line:

Both our featured cards have massive welcome bonus offers as of November 2025; however, the Chase Sapphire Reserve Business card provides additional points for the same spending amount (despite having a much longer time frame), making it a winner.

Earning Potential

The Chase Sapphire Reserve Business card earns Chase Ultimate Rewards points, while the Capital One Venture X Business card earns Capital One miles.

The Chase Sapphire Reserve Business card offers slightly more earning opportunities. The card earns a fantastic 4x points on flights and hotels booked directly, which presents a tremendous earning potential.

The Capital One Venture X Business card offers a solid 10x miles on rental cars and hotels, as well as 5x miles on flights and vacation rentals. However, bookings must be made through Capital One Business Travel. This is limiting, as many would prefer to book directly with an airline or hotel rather than through a provider’s travel portal.

However, the Capital One Venture X Business card is more valuable for non-bonus spending as it earns an unlimited 2x miles per on all purchases.

Redemption Options

Both cards earn some of the most valuable transferable reward currencies available. We value Chase Ultimate Rewards points at 2 cents per point, and Capital One miles at a slightly lower rate, 1.8 cents per point.

However, how you redeem these points and miles ultimately determines how much value you can get. The Chase Sapphire Reserve Business card and the Capital One Venture X Business card provide numerous redemption options:

Although both cards offer multiple redemption options, the best way to redeem points and miles is usually by transferring them to airline and hotel transfer partners.

Comparing Card Credits

The Chase Sapphire Reserve Business card has a $795 annual fee, significantly higher than the Capital One Venture X Business card’s annual fee of $395. However, both cards have statement credits that help offset their annual fees, and the Chase Sapphire Reserve Business card has the most.

Chase Sapphire Reserve Business Card

• Up to $300 annual travel credit
• Up to $500 annual The Edit by Chase Travel credit
  • 2025: $500 in annual statement credits, $250 statement credit January through June, and $250 July through December (2-night minimum stay required)
  • 2026: $500 annual statement credit that can be used throughout the year (2 separate transactions of $250 are required)
• Up to $120 Global Entry, TSA PreCheck, or NEXUS application fee statement credit every 4 years
• Up to $400 annual ZipRecruiter credit ($200 biannually)
• Up to $200 annual Google Workspace credit
• Up to $300 annual DoorDash credit (2 monthly $10 nonrestaurant promos and 1 monthly $5 restaurant promo)
• Up to $120 annual in-app Lyft credits through September 30, 2027 (up to $10 monthly)
• Up to $100 on Giftcards.com ($50 biannually)
• $120 statement credit for Global Entry, TSA PreCheck, or NEXUS every 4 years

After spending $120,000 on purchases in a calendar year, you also receive these benefits for the remainder of the year through the following calendar year:

• Up to $500 at The Shops at Chase
• Up to $500 in statement credits for Southwest Airlines flights booked through Chase Travel

Capital One Venture X Business Card

• Up to $300 annual travel credit via Capital One Business Travel
• $120 statement credit for Global Entry or TSA PreCheck

The Chase Sapphire Reserve Business card’s $300 annual travel credit can be used anywhere, unlike the Capital One Venture X Business card’s $300 annual credit, which is only usable on Capital One Business Travel.

However, the Capital One Venture X Business card comes with a fantastic 10,000-mile anniversary bonus each year at the time of your annual fee. We value Capital One miles at 1.8 cents per point, making this anniversary bonus worth $180.

Travel Protections and Benefits

Travel protections can offer peace of mind, as cardholders can be certain knowing that they’ll receive assistance or help negating unexpected expenses if something goes wrong during their trip. 

Both of our featured cards provide several enticing travel benefits. Here are some key benefits you’ll find on the Capital One Venture X Business card and Chase Sapphire Reserve Business card.

Lounge Access

Airport lounge access is one of the most important travel perks that many look for in a premium card. Both cards offer Priority Pass Select membership, which provides access to more than 1,300 lounges worldwide. The Chase Sapphire Reserve Business card also has access to Chase Sapphire Lounge by The Club locations, while the Capital One Venture X Business card also has access to Capital One Lounges.

Although Capital One’s lounge network is slightly smaller than Chase’s, the airports you fly from determine which perk is more valuable.

Hot Tip:

Chase Sapphire Reserve Business cardholders can bring 2 guests into Sapphire Lounges for no additional cost with their cards. Starting February 1, 2026, Capital One Venture X Business cardholders must spend $75,000 in a calendar year to bring guests to Capital One Lounges.

Hotel Elite Status

The Capital One Venture X Business card does not provide any hotel elite status, but the Chase Sapphire Reserve Business card provides cardholders with complimentary IHG One Rewards Platinum Elite status (through December 31, 2027). Cardholders who spend at least $120,000 on their card in a year will be upgraded to IHG One Rewards Diamond Elite status.

Chase Sapphire Reserve Business cardholders also have access to The Edit by Chase.

Car Rental Status

When issued as a Visa Infinite card, the Chase Sapphire Reserve Business card and Capital One Venture X Business card are both are eligible for National Car Rental Emerald Club Executive level status and Avis Preferred Plus membership. The Capital One Venture X Business card is also eligible for complimentary Hertz Gold Plus Rewards President’s Circle status.

Travel Protections

Shopping Protections and Benefits

Shopping protections are another key part of premium cards, as they can come in handy when an eligible purchase gets damaged or stolen, or even if the item stops working for a covered reason during the card’s extended warranty period.

The Capital One Venture X Business card and the Chase Sapphire Reserve Business card are premium cards with several shopping protections and benefits, including return protection, extended warranty protection, and purchase protection. The Capital One Venture X Business card also has cell phone protection.

Fees and Authorized Users

Both of our featured cards are premium cards with premium fees.

The Capital One Venture X Business card has an annual fee of $395, while the Chase Sapphire Reserve Business card has a hefty $795 annual fee.

Neither card charges an additional fee for employee cards or foreign transaction fees.

Final Thoughts

The Capital One Venture X Business card and Chase Sapphire Reserve Business card are fantastic business credit cards that serve as excellent travel rewards cards.

With the Capital One Venture X Business card, you’ll pay a lower annual fee, have a simplified earning structure, an annual anniversary bonus, and credits for purchases through Capital One Business Travel.

The Chase Sapphire Reserve Business card offers a significantly more valuable welcome bonus and a more robust earning structure, albeit with a considerably higher annual fee. However, it also offers several hundred dollars more in statement credits.

Each has its own pros and cons. Both cards offer overlapping benefits like lounge access, shopping protections, and the ability to leverage airline or hotel transfer partners. Either way, you can expect plenty of value no matter which one you get.

---

For Capital One products listed on this page, some of the above benefits may be provided by Visa^® or Mastercard^® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.