Edited by: Nick Ellis
& Juan Ruiz
Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.
We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.
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.
|Benefit||Capital One Venture X Rewards Credit Card||Capital One VentureOne Rewards Credit Card|
|Welcome Offer||Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months.||Earn 20,000 miles when you spend $500 on purchases in the first 3 months.|
|Travel Benefits and Protections|
|Additional Travel Benefits and Protections||
|Shopping Benefits and Protections||
|Additional Shopping Benefits and Protections||
|Annual Fees and Authorized Users|
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.
The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit 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.
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.
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, the no-annual-fee version of the more popular Capital One Venture 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?
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.
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:
|Earning Category||Capital One Venture X Card||Capital One VentureOne Card|
|Additional Earnings||10,000-mile bonus at each card anniversary||N/A|
|All Other Purchases||2x miles||1.25x miles|
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:
|Redemption Options||Capital One Venture X Card||Capital One VentureOne Card|
|General Statement Credits||Redeem miles for 0.5 cents each for a general statement credit|
|Additional Redemption Options||Gift cards, shop with Amazon, PayPal|
Travel benefits and protections add value to a card in the form of saving you money or providing needed protection should something go wrong during your travels. Here are some of the perks you’ll find on the Capital One Venture X card and the Capital One VentureOne card:
In addition to the benefits mentioned above, each card offers its own additional travel benefits and protections.
Shopping benefits and protections are not reason 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:
In addition to these benefits and protections, our featured cards have additional perks:
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.
The bottom line value you receive from a card may depend on whether the value of the benefits you actually use exceed 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:
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 fee for adding up to 4 authorized users to the card (rates & fees).
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.
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.
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 above benefits are 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.
The information regarding the Capital One Venture Rewards Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The better card will depend on whether you want to pay an annual fee, if you spend a lot on travel, and if you value travel benefits.
The Capital One Venture X card offers higher earnings and a long list of travel benefits and protections, but it does charge an annual fee (rates & fees).
Capital One miles are earned based on the specific purchases you make. When your card statement closes each month, the miles will be available for redemption.
Capital One miles are not frequent flyer miles. The miles function more like points that you can redeem for travel or a statement credit for prior travel purchases.
Additionally, the miles can be transferred to hotel or airline loyalty programs where you can purchase free hotel nights or flight award tickets. Transferring miles to frequent flyer programs can result in the greatest potential value.
No, they are 2 different credit cards that appeal to different groups. The Capital One VentureOne card is a no-annual-fee card with reduced rewards and benefits, while the Capital One Venture X card is an ultra-premium credit card with some of the best rewards and benefits in the entire industry.
In general, if you have had your Capital One VentureOne card open for several months and the account is in good standing, you should be able to upgrade to the Capital One Venture X card.
Was this page helpful?