Capital One Venture X Card vs. Capital One VentureOne Card [Detailed Comparison]

We’ve been conditioned to enjoy the simplicity of Capital One’s credit cards. We generally haven’t expected luxury travel benefits or complex earning structures, and it’s easy to understand the process at redemption time.

Predictable? Yes, but manageable, familiar, and ultimately rewarding.

Capital One surprised us all, however, with its entry into the premium travel rewards card market, the Capital One Venture X Rewards Credit Card. With an enhanced earning structure and lots of benefits, the card bears little resemblance to the previous portfolio of Capital One cards.

And, while we like a lot about the card, some may prefer the simplicity of Capital One’s workhorse, the Capital One VentureOne Rewards Credit Card, the no-annual-fee alternative to the popular Capital One Venture Rewards Credit Card. Earning and redeeming rewards on the Capital One VentureOne card certainly doesn’t get any simpler, but should you forget about that card and opt for the Capital One Venture X card instead?

Today we’re going to answer that question by looking at these 2 solid Capital One cards to sort out the differences and define how each card may play a role for the appropriate cardholder.

Overview

Before we dive deeper into each of our featured cards, let’s look at a high-level overview of the major features of the Capital One Venture X card and the Capital One VentureOne card:

Hot Tip: Use the no-risk CardMatch tool to find out if you have card offers waiting for you. Using the tool does not require a hard inquiry on your credit report so there is no risk in seeing if you have existing card offers available. Capital One is a participating card issuer available via the CardMatch tool. 

Welcome Offer Valuations Compared

Terms Apply / Rates & Fees

Capital One Venture X Rewards 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 Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Learn More(at Capital One's secure site)

Capital One Venture X Rewards Credit Card

The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Welcome Offer

Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.

75,000 miles

UP's Bonus Valuation*:

$1,350

Annual Fee

$395

APR

19.99% - 29.74% (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.

Excellent (740-840)

Why We Like This Card

The Capital One Venture X Rewards Credit Card is the premium Capital One travel rewards card on the block.

Points and miles fans will be surprised to see that the Capital One Venture X card packs quite the punch when it comes to bookings made through Capital One, all while offering the lowest annual fee among premium credit cards.

Depending on your travel goals and preferences, the Capital One Venture X card could very well end up being your go-to card in your wallet.

 

Pros & Cons

Pros

• 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
• 5x miles per $1 on flights and vacation rentals purchased through Capital One Travel
• 2x miles per $1 on all other purchases

Cons

• $395 annual fee (rates & fees)
• Does not offer bonus categories for flights or hotel purchases made directly with the airline or hotel group, the preferred booking method for those looking to earn elite status

Read Full Review

Card Highlights

• Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
• Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
• Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
• Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights and vacation rentals booked through Capital One Travel
• Earn unlimited 2X miles on all other purchases
• Unlimited complimentary access for you and two guests to 1,300+ lounges, including Capital One Lounges and the Partner Lounge Network
• Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
• Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
• Receive up to a $120 credit for Global Entry or TSA PreCheck^®

Financial Snapshot

• APR: 19.99% - 29.74% (Variable)
• Foreign Transaction Fees: None

Rewards Center

Capital One Miles

 

Terms Apply / Rates & Fees

Capital One VentureOne Rewards 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 card offers unlimited miles at 1.25x per $1 and no annual fee. When you consider the flexible rewards, frequent travelers come out on top.

Learn More(at Capital One's secure site)

Capital One VentureOne Rewards Credit Card

The card offers unlimited miles at 1.25x per $1 and no annual fee. When you consider the flexible rewards, frequent travelers come out on top.

Welcome Offer

Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel.

20,000 miles

UP's Bonus Valuation*:

$360

Annual Fee

$0

APR

19.74% - 29.74% (Variable),0% intro on purchases for 15 months

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

Interested in a travel rewards credit card without one of those pesky annual fees? Then say hello to the Capital One VentureOne Rewards Credit Card.

In addition to no annual fee, the Capital One VentureOne card offers no foreign transaction fees.

But is this card worth its salt, or is it merely a shell of the more popular Capital One Venture card?

Pros & Cons

Pros

• No annual fee (rates & fees)
• No foreign transaction fees (rates & fees)
• Ability to use transfer partners

Cons

• Weak earn rate at 1.25x miles per $1 spent on all purchases
• No luxury travel or elite benefits

Read Full Review

Card Highlights

• $0 annual fee and no foreign transaction fees
• Earn a bonus of 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel
• Earn unlimited 1.25X miles on every purchase, every day
• Miles won't expire for the life of the account and there's no limit to how many you can earn
• Earn 5X miles on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
• Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
• Transfer your miles to your choice of 15+ travel loyalty programs
• Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.74% - 29.74% variable APR after that; balance transfer fee applies

Financial Snapshot

• APR: 19.74% - 29.74% (Variable),0% intro on purchases for 15 months
• Foreign Transaction Fees: None

Rewards Center

Capital One Miles

Once you’re approved for your Capital One card, you’ll have the opportunity to earn a welcome bonus by meeting minimum spending requirements in the immediate months after card approval.

Depending on the redemption option you select, we estimate the value of Capital One miles to be worth around 1.8 cents each. Welcome bonuses vary, as well as valuations, so be sure to check for the most current available information before you apply for any card.

Bottom Line: Both of our featured cards offer a welcome bonus that can be earned by meeting minimum spending requirements within the initial specified period after card approval. The Capital One Venture X card’s welcome bonus is much higher than the Capital One VentureOne card, however, the minimum spending requirements are also higher. 

Earning Potential

You will earn Capital One miles on every purchase you make with either the Capital One Venture X card or the Capital One VentureOne card. Maximizing bonus earnings, however, will ultimately depend on your spending mix.

The highest level of earnings will be for select travel purchased via Capital One Travel, but both cards offer flat-rate earnings on all other purchases, including travel purchased from other providers.

Here’s how our featured cards compare when it comes to earning rewards:

Bottom Line: Both cards offer accelerated earnings on select travel purchases via Capital One Travel and flat rate earnings on all other purchases. While the Capital One Venture X card offers a minimum of 2x earnings on every purchase and the Capital One Venture card just 1.25x earnings, you will have to pay an annual fee on the Capital One Venture X card. 

Redemption Options

Since you’re earning Capital One miles on both the Capital One Venture X card and Capital One VentureOne card, you’ll have the same flexible redemption options.

Let’s take a look at the best options for redeeming Capital One miles:

Bottom Line: The best option for redeeming miles earned on either of our featured cards is to transfer your miles to airline frequent flyer programs and redeem them for award flights. Additional travel redemption options include redeeming for travel via Capital One Travel at the rate of 1 cent per mile or redeeming for a statement credit for previous travel purchases (within 90 days), also at the rate of 1 cent per mile. 

Travel Benefits and Protections

Travel benefits add value to a card in the form of saving you money.

Capital One Venture X Card

• Priority Pass Select Membership — Receive worldwide access to over 1,400 airport lounges.
• Global Entry or TSA PreCheck — Pay for your application or renewal fee with your card and receive reimbursement, up to $120 as a statement credit.
• $300 Travel Credit — Receive for travel purchased via Capital One Travel.
• Hertz Gold Plus Rewards Elite Status — Receive complimentary Hertz President’s Circle status as long as you have the card.
• Primary Rental Car Insurance — This credit card offers primary rental car insurance as long as you use your card to pay for your car rental reservation and decline the collision damage waiver/loss damage waiver (CDW/LDW) offered by the rental agency

Bottom Line: The Capital One Venture X card benefits include worldwide lounge access, a $300 Capital One Travel credit, Global Entry or TSA PreCheck fee reimbursement, and a 10,000-mile bonus at card renewal. If you travel, these benefits could provide true economic value and help offset the annual fee. 

Capital One VentureOne Card

Concierge — Enjoy 24/7 assistance booking travel, getting hard-to-get reservations at a favorite restaurant, finding that perfect gift, and more

Travel Protection Privileges

Travel protections add value to a card in the form of providing needed protection should something go wrong during your travels.

Capital One Venture X Card

• Baggage Delay Reimbursement — Your bags are covered against common carrier-caused loss or theft with Lost Luggage Reimbursement* when you use your Venture X card to purchase common carrier tickets
• Trip Cancellation and Interruption — Add peace of mind to your itinerary when you use your Venture X card to book your travel
• Trip Delay — Anticipate delays when you purchase air travel with your covered Visa Infinite card, with Trip Delay coverage of up to $500 when you’re stuck for more than six hours or require an overnight stay

Capital One VentureOne Card

• Travel Assistance Services — Available 24/7 to help connect you with local emergency and assistance resources when you’re away from home
• Emergency Card Services — If your credit card is lost or stolen, you can get an emergency card replacement and a cash advance, subject to available credit
• Extended Warranty — Extends the original manufacturer’s warranty term for eligible items purchased with your card.

Shopping Benefits and Protections

Shopping benefits and protections are not reasons alone to select a specific rewards card, but both can come in handy for saving money on your purchase or providing protection should something go wrong after the purchase.

Here are the shopping benefits and protections you can expect on both the Capital One Venture X card and the Capital One VentureOne card:

Capital One Venture X Card

• Cell Phone Protection — Protect your cell phone every time you pay your bill. When you pay your monthly wireless bill with your covered Capital One card, your cell phone is protected for the next calendar month. So, you can get reimbursed if your cell phone is stolen or damaged ($50 deductible)
• Return Protection — Keep your options open with 90 days of Return Protection, here to help when you make a qualifying purchase with your card
• Extended Warranty Protection — Extend your qualifying product warranties automatically when you purchase using your Venture X card
• Visa Infinite Concierge — Concierge who can help you with requests, like dinner reservations, or Broadway, music and sporting event tickets

Capital One VentureOne Card

• Travel Assistance Services — Available 24/7 to help connect you with local emergency and assistance resources when you’re away from home
• Emergency Card Services — If your credit card is lost or stolen, you can get an emergency card replacement and a cash advance, subject to available credit
• Concierge — Enjoy 24/7 assistance booking travel, getting hard-to-get reservations at a favorite restaurant, finding that perfect gift, and more
• Extended Warranty — Extends the manufacturer’s warranty when you purchase eligible items with your card

Note that we have abbreviated the cards’ benefit and protection descriptions and only listed key benefits for comparison purposes. You’ll want to access each card’s guide to benefits for full descriptions and the terms and conditions.

Annual Fees and Authorized Users

The bottom line value you receive from a card may depend on whether the value of the benefits you actually use exceeds the annual fee you’ll be paying. Any charges you may incur to add authorized users will also come into play.

Here’s how the Capital One Venture X card and Capital One VentureOne card compare regarding annual fees and adding authorized card users:

• Annual Fees — The Capital One Venture X card charges an annual fee of $395 (rates & fees) while the Capital One VentureOne card does not charge an annual fee (rates & fees).
• Authorized Users — You can add up to 4 authorized users to the Capital One Venture X card for no additional annual fees (rates & fees). The Capital One VentureOne card does not charge for adding authorized users (rates & fees).

Hot Tip: Authorized users on the Capital One Venture X card enjoy the unique privilege of having complimentary Priority Pass Select membership and access to Capital One Lounges and Plaza Premium Lounges. Plus, authorized users may bring 2 additional guests. There is no additional fee for adding up to 4 authorized users to the card (rates & fees). 

Value Comparison

If you’re considering the Capital One VentureOne card because it doesn’t have an annual fee (while the Capital One Venture X card charges $395), don’t let that annual fee deter you from considering the latter.

Here’s why.

If you book travel via Capital One Travel, the $300 travel credit on the Capital One Venture X card goes a long way to negating the annual fee.

Priority Pass Select membership costs $469 per year and doesn’t include guest access. If you value this benefit, you’ll receive more value than the cost of the Capital One Venture X card’s annual fee.

You’ll be earning 2x miles on non-bonus category purchases with the Capital One Venture X card versus 1.25 miles on the Capital One VentureOne card. So if you were to spend $20,000, you’d earn 40,000 miles on the Capital One Venture X card and 25,000 miles on the Capital One VentureOne card.

Cell phone protection is another benefit through which you’ll find additional value with the Capital One Venture X card.

And finally, the 10,000 bonus Capital One miles earned at card renewal can be worth around $180 by our valuations.

Bottom Line: Don’t let the annual fee deter you from considering the Capital One Venture X card. With a $300 travel credit, Priority Pass Select membership, 2x earnings on every purchase, cell phone protection, and more, the benefits you receive could more than offset the annual fee. 

Final Thoughts

If your spending level is low and you’re not a frequent traveler, you may find the Capital One VentureOne card more than adequate for your needs. You’ll still earn rewards on every purchase and elevated earnings on hotels and rental cars booked via Capital One Travel. You’ll also have the same flexible options at redemption time as the Capital One Venture X card.

If you’re a frequent traveler, and your spending levels are higher, you’ll fare better with the Capital One Venture X card for many of the reasons mentioned above.

If you’re looking for additional cards with no annual fees, we’ve put together a nice collection of options. If you’re a frequent traveler, you might consider a travel rewards card. Here’s a list of some of the best travel rewards cards available.

For Capital One products listed on this page, some of the 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.

Enrollment required through Capital One website or mobile app. Upon enrollment, eligible cardholders will remain at upgraded status level through December 31, 2024.  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.