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In November 2021, Capital One launched the Capital One Venture X Rewards Credit Card with a huge bonus of 100,000 Capital One miles. The card itself is quite impressive, but when you factor in the large welcome bonus, it has made the card insanely popular over the last few months.
Unfortunately, the increased welcome bonus offer is now set to end on March 14, 2022, so here is everything you need to know about the card to help you decide whether it is a good option for you before the bonus goes away.
Capital One Venture X Card Welcome Bonus
New cardholders can earn 100,000 bonus miles after spending $10,000 on purchases in the first 6 months, and for a limited time, cardholders can get up to $200 in statement credits for vacation rental purchases like Airbnb and VRBO.
We value Capital One miles at 1.6 cents per mile, making this welcome bonus worth $1,600 based on our valuations! Of course, as mentioned, this welcome bonus is set to end very soon on March 14, 2022.
Here is a look at how you’ll earn rewards with the Capital One Venture X card:
10x miles per $1 on hotels and rental cars purchased through Capital One Travel
5x miles per $1 on flights purchases through Capital One Travel
2x miles per $1 on all other purchases
That’s right, you’ll earn a whopping 5x to 10x miles per $1 on select travel purchases made through Capital One. So if you’re alright with making third-party travel bookings, then this is a great way to rack up miles.
Further, you’ll also earn an uncapped 2x miles per $1 on all other purchases, making the Capital One Venture X card one of the most lucrative cards on the market for non-bonused purchases.
Capital One Venture X Card Perks and Benefits
Of course, some of the most important things about any premium credit card are the perks and benefits that it comes with. Here is what you’ll look forward to with the Capital One Venture X card:
$300 annual travel credit on bookings made through the Capital One Travel portal
10,000 bonus miles awarded on your account anniversary each year
Travel protections (trip delay insurance, trip cancellation/interruption insurance, primary rental car insurance, and lost luggage insurance)
Shopping protections (purchase protection, return protection, and extended warranty coverage)
To enjoy all of those benefits each year, the annual fee on the Capital One Venture X card will set you back $395 — giving it the lowest annual fee of any premium rewards credit card on the market.
Final Thoughts
Ultimately, depending on your travel preferences, the Capital One Venture X card might be very compelling.
It offers a strong rewards rate on both Capital One Travel and non-bonused purchases and offers perks that frequent travelers love, like lounge access, a $300 annual travel credit, and annual bonus points, plus travel protections — all for a lower annual fee than every other premium card!
If you’re interested in the card, you’ll definitely want to strongly consider adding it to your wallet before the 100,000-mile bonus ends on March 14, 2022.