Which card is better, the CapOne Venture X card or the CapOne VentureOne card?

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 CapOne Venture X card offers higher earnings and a long list of travel benefits and protections, but it does charge an annual fee.

How do Capital One miles work?

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.

Is VentureOne the same as Venture X?

No, they are 2 different credit cards that appeal to different groups. The CapOne VentureOne card is a no-annual-fee card with reduced rewards and benefits, while the CapOne Venture X card is an ultra-premium credit card with some of the best rewards and benefits in the entire industry.

Can I upgrade VentureOne to Venture X?

In general, if you have had your CapOne VentureOne card open for several months and the account is in good standing, you should be able to upgrade to the CapOne Venture X card.

Capital One Venture X Card vs. VentureOne Card [2023]

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 CapOne VentureOne card certainly doesn’t get any simpler, but should you forget about that card and opt for the CapOne 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.

Table of contents

CapOne Venture X Card vs. CapOne VentureOne Card — Overview
The Value of a Welcome Offer
Earning Potential
Redemption Options
Travel Benefits and Protections
- CapOne Venture X Card
- CapOne VentureOne Card
Shopping Benefits and Protections
- CapOne Venture X Card
- CapOne VentureOne Card
Annual Fees and Authorized Users
Value Comparison
Final Thoughts

Table of Contents

CapOne Venture X Card vs. CapOne VentureOne Card — Overview
The Value of a Welcome Offer
Earning Potential
Redemption Options
Travel Benefits and Protections
- CapOne Venture X Card
- CapOne VentureOne Card
Shopping Benefits and Protections
- CapOne Venture X Card
- CapOne VentureOne Card
Annual Fees and Authorized Users
Value Comparison
Final Thoughts

CapOne Venture X Card vs. CapOne VentureOne Card — 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 CapOne Venture X card and the CapOne VentureOne card:

Benefit	Capital One Venture X Rewards Credit Card	Capital One VentureOne Rewards Credit Card
Welcome Bonus	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.
Earning	10x miles on hotels and rental cars via Capital One Travel 10x miles on Turo purchases through May 16, 2023 5x miles for flights booked via Capital One Travel 2x miles for all other purchases	5x miles on hotels and rental cars via Capital One Travel 1.25 miles on all other purchases
Redemption Options	Transfer miles to airline or hotel partners Redeem miles for 1 cent each for travel via Capital One Travel Redeem miles for 1 cent each for a statement credit for previous travel purchases (within 90 days) Gift cards, shop with Amazon, PayPal
Travel Benefits and Protections	Capital One Lounge and Plaza Premium Lounge access (varies by card) No foreign transaction fees Baggage insurance
Additional Travel Benefits and Protections	Priority Pass Select membership Global Entry/TSA PreCheck fee reimbursement $300 travel statement credit for Capital One Travel purchases Hertz President’s Circle status Primary car rental insurance Trip cancellation/trip interruption/trip delay Roadside assistance	Secondary car rental insurance Roadside dispatch
Shopping Benefits and Protections	Purchase security Extended warranty Capital One Shopping Capital One Offers
Additional Shopping Benefits and Protections	Cell phone protection Return protection	Introductory 0% APR on purchases and balance transfers
Annual Fees and Authorized Users	$395 annual fee, no charge to add up to 4 authorized users	$0 annual fee, no charge to add 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 Value of a Welcome Offer

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 CapOne Venture X card’s welcome bonus is much higher than the CapOne VentureOne card, however, the minimum spending requirements are also higher.

Earning Potential

Couple at Machu Picchu — Rewards can be earned on travel purchases and also redeemed for travel. Image Credit: Maria Camila Castaño via Pexels

You will earn Capital One miles on every purchase you make with either the CapOne Venture X card or the CapOne 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	CapOne Venture X Card	CapOne VentureOne Card
Travel	10x miles on hotels and rental cars via Capital One Travel 10x miles on Turo purchases through May 16, 2023 5x miles for flights booked via Capital One Travel	5x miles on hotels and rental cars via Capital One Travel
Additional Earnings	10,000-mile bonus at each card anniversary	N/A
All Other Purchases	2x miles	1.25x miles

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 CapOne Venture X card offers a minimum of 2x earnings on every purchase and the CapOne Venture card just 1.25x earnings, you will have to pay an annual fee on the CapOne Venture X card.

Redemption Options

Since you’re earning Capital One miles on both the CapOne Venture X card and CapOne 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	CapOne Venture X Card	CapOne VentureOne Card
Travel	Transfer miles to airline or hotel partners Redeem miles for 1 cent each for travel via Capital One Travel Redeem miles for 1 cent each for a statement credit for previous travel purchases (within 90 days)
General Statement Credits	Redeem miles for 0.5 cents each for a general statement credit
Additional Redemption Options	Gift cards, shop with Amazon, PayPal

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

Both of our featured cards come with complimentary access to Capital One Lounges. Image Credit: Capital One

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 CapOne Venture X card and the CapOne VentureOne card:

Capital One Lounges and Plaza Premium Lounges — Enjoy complimentary access to current and future Capital One Lounges, as well as Plaza Premium Lounges. The CapOne Venture X card comes with unlimited visits for you and 2 guests while the CapOne VentureOne card comes with 2 free visits each calendar year.
No Foreign Transaction Fees — Neither card charges a fee for foreign transactions.
Lost Luggage Insurance — Use your card to pay for your common carrier ticket, and if your luggage is lost, you are eligible for up to $3,000 in reimbursements per trip ($2,000 for New York residents)

In addition to the benefits mentioned above, each card offers its own additional travel benefits and protections.

CapOne Venture X Card

Priority Pass Select Membership — Receive worldwide access to over 1,300 airport lounges.
Global Entry/TSA PreCheck — Pay for your application or renewal fee with your card and receive reimbursement, up to $100 as a statement credit.
$300 Travel Statement Credit — Receive a statement credit each year 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
Trip Cancellation and Trip Interruption — Receive up to $2,000 per trip if your trip is canceled or interrupted due to a covered reason.
Trip Delay — Use your card to pay for at least a portion of your trip and if your trip is delayed for a covered reason for more than 6 hours, you could receive up to $500.
Roadside Assistance — For 1 flat fee, receive towing (up to 5 miles), lockout service, tire changing, emergency fuel delivery (cost of fuel not included), standard winching, or jump-starting.
Travel Accident Insurance — Should an eligible tragedy or accident occur while traveling, this card offers up to $1 million in travel accident insurance when you pay for your common carrier ticket using your card.

CapOne VentureOne Card

Secondary Rental Car Insurance — Pay for your car rental reservation using your card while declining the CDW/LDW from the rental agency, and you’ll receive secondary rental car insurance (not primary rental car coverage like the CapOne Venture X card)
Roadside Dispatch — If you’re stranded on the side of the road, you can receive 24/7 assistance with just 1 call. The cardholder is responsible for the services received.

Bottom Line: The CapOne Venture X card benefits include worldwide lounge access, a $300 Capital One Travel credit, Global Entry/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.

Shopping Benefits and Protections

Capital One Shopping — Save money and have added protection for eligible items with Capital One shopping benefits and protections. Image Credit: Capital One

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 CapOne Venture X card and the CapOne VentureOne card:

Purchase Security — Receive up to $500 per item (CapOne VentureOne card) or $10,000 per item (CapOne Venture X card) if that eligible item, purchased with your card, is damaged or stolen within 90 days (CapOne VentureOne card) or 120 days (CapOne Venture X card) from the date of purchase.
Extended Warranty — On eligible items with manufacturer’s warranties of 3 years or less, receive up to an additional 1 year of warranty coverage.
Capital One Shopping — Earn cash-back in the form of gift cards when shopping through this portal.
Capital One Offers — Sign in to your online card account and select offers that can earn statement credits for select purchases.

In addition to these benefits and protections, our featured cards have additional perks:

CapOne Venture X Card

Cell Phone Protection — Pay for your monthly cell phone bill with your card and receive up to $800 if your phone is stolen or damaged. There is a limit of 2 claims per 12-month period and a $50 deductible per claim.
Return Protection — If you purchase an eligible item with your card and the merchant will not accept it as a return within 90 days of the purchase date, you could receive up to $300 per item and up to $1,000 maximum per calendar year.

CapOne VentureOne Card

Introductory 0% APR — Make an eligible purchase(s) with your card and enjoy up to 15 months from card approval to repay the balance without interest charges. After that, normal interest rates apply (as specified in the card table at the beginning of this article). The introductory 0% APR offer also applies to balance transfers. Terms and conditions apply.

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 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 CapOne Venture X card and CapOne VentureOne card compare regarding annual fees and adding authorized card users:

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

Hot Tip: Authorized users on the CapOne 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.

Value Comparison

If you’re considering the CapOne VentureOne card because it doesn’t have an annual fee (while the CapOne 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 statement credit on the CapOne 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 CapOne Venture X card’s annual fee.

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

Cell phone protection is another benefit through which you’ll find additional value with the CapOne 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 CapOne Venture X card. With a $300 travel statement 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 CapOne 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 CapOne Venture X card.

If you’re a frequent traveler, and your spending levels are higher, you’ll fare better with the CapOne 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.

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

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

CapOne Venture X Card vs. CapOne VentureOne Card — Overview

The Value of a Welcome Offer

Earning Potential

Redemption Options

Travel Benefits and Protections

CapOne Venture X Card

CapOne VentureOne Card

Shopping Benefits and Protections

CapOne Venture X Card

CapOne VentureOne Card

Annual Fees and Authorized Users

Value Comparison

Final Thoughts

Frequently asked questions

Which card is better, the CapOne Venture X card or the CapOne VentureOne card?

How do Capital One miles work?

Is VentureOne the same as Venture X?

Can I upgrade VentureOne to Venture X?

About Christine Krzyszton

Any thoughts or questions? Comment below! Cancel reply

Advertiser Disclosure

CapOne Venture X Card vs. CapOne VentureOne Card — Overview

The Value of a Welcome Offer

Earning Potential

Redemption Options

Travel Benefits and Protections

CapOne Venture X Card

CapOne VentureOne Card

Shopping Benefits and Protections

CapOne Venture X Card

CapOne VentureOne Card

Annual Fees and Authorized Users

Value Comparison

Final Thoughts

Frequently asked questions

Which card is better, the CapOne Venture X card or the CapOne VentureOne card?

How do Capital One miles work?

Is VentureOne the same as Venture X?

Can I upgrade VentureOne to Venture X?

About Christine Krzyszton

Any thoughts or questions? Comment below! Cancel reply

Related Posts

Advertiser Disclosure