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Overview of key features of the Capital One Venture X Rewards Credit Card

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Overview of key features of the Capital One Venture X Rewards Credit Card
Research
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Gary Leff Chief Financial Officer | View from the Wing

I receive compensation for content and many links on this blog. Citibank is an advertising partner of this site, as are American Express, Chase, Barclays, and Capital One. Any opinions expressed in this post are my own and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available—focusing instead on miles, points, and cash back (and currencies that can be converted into the same). Terms apply to the offers and benefits listed on this page.

The Capital One Venture X Rewards Credit Card has emerged as a notable premium rewards card over the past few years. It features a substantial initial bonus offer, robust points-earning capabilities, airport lounge access, and various premium benefits.

Capital One miles now transfer 1:1 to several airline programs including Star Alliance members such as Air Canada Aeroplan and Singapore Airlines KrisFlyer; oneworld members like British Airways Executive Club; SkyTeam members including Air France KLM Flying Blue; non-alliance airlines like Emirates Skywards; and hotel programs such as Wyndham Rewards. Additionally, Capital One miles transfer at 2-to-1.5 into EVA Air Infinity MileageLands and at 2-to-1 into ALL Accor Live Limitless.

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Key highlights of the Capital One Venture X Rewards Credit Card include:

- An initial bonus offer of 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening.

- Earning rates of 2 miles per dollar on every purchase, with higher rates for specific travel-related expenses booked through Capital One Travel.

- A minimum 2% rebate towards travel without concerns about restricted award availability.

- Flexibility in transferring miles to various frequent flyer programs.

Additional benefits include transfers to specific airline programs like Air Canada Aeroplan and LifeMiles which offer advantageous redemption options. For instance:

"Transfers to LifeMiles... You can redeem United domestic flights starting at just 3500 miles."

"Transfers to Air France KLM Flying Blue... they have business class award seats to Europe when other airlines don’t."

Moreover:

"Transfers to EVA Air Infinity MileageLands... charge just 25,000 miles each way for business class intra-Asia awards."

Other significant features encompass access to Capital One’s network of airport lounges with unlimited visits for primary cardholders and guests. The card also includes Priority Pass Select membership with unlimited visits.

Cardholders benefit from a $300 annual travel credit for bookings made through Capital One Travel and receive 10,000 bonus miles every account anniversary. Additional perks involve Hertz elite status until December 31, 2024; purchase protections; extended warranty protection; trip delay reimbursement; lost luggage reimbursement; cell phone protection; car rental protection; and referral bonuses up to 100,000 miles per year.

The annual fee for the Capital One Venture X is $395—considerably lower than competitor products ranging from $450 to $695—offering significant value in return.

In summary:

“With an initial bonus offer worth well over $1500 in my view...they’ve set up benefits that make the card pay for itself quite easily.”

Terms apply as some benefits are provided by Visa® or Mastercard® depending on the product. Detailed terms can be found in their respective Guides to Benefits.

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