Denice R. Preston
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The long-term benefits of Capital One Venture X Rewards Credit Card could end up paying this card’s annual fee of $395—yearly fee all by themselves.
The card’s benefits amount to approximately $1,089 per year at the time of writing, May 20, 2022, by Credit Karma’s Total Benefit Value. This makes it among the most crucial premium rewards cards in our ranking.
Although other cards can provide more significance than they can, the appeal of this capital One Venture X Rewards credit card lies in its simplicity. The card doesn’t require much planning -its benefits are simple to apply and flexible enough to be used by many users.
Annual travel credit: $300
The Capital One Venture X Rewards Credit Card has an annual $300 travel credit—the credit for hotels, flights, and rental vehicles booked via Capital One Travel.
The capability to use this credit on everyday purchases for travel gives cardholders simple value and the assurance to know that they’ll utilize it each year. The credit amount goes far in covering the annual cost of the card on its own.
10,000 bonus miles for the anniversary, $173
The Capital One Venture X Rewards Credit Card will also grant you 10,000 bonus miles per year to commemorate your account’s renewal date. The greatest part? There’s no need to spend anything on this bonus. All you need be doing is to keep your card open.
The anniversary bonus will be $173 when transferred to Capital One’s partners for travel transfers by Credit Karma’s point values. However, should you prefer the less complicated method of redeeming the bonus directly via Capital One Travel, it might still be worth $100.
Airport lounge access: $591
Capital One Venture X Rewards Credit Card will also grant you access to various airport lounges you can use while waiting for a flight.
It also grants accessibility to Capital One Lounges, which generally cost $65 per visit. Be aware that only one or two Capital One Lounges are currently open in U.S. airports.
Additionally, you’ll receive a free Membership to Priority Pass Select that can allow you access to more than 1,300 airport lounges across the globe.
Like every benefit crucial, be aware that access to the airport lounge is only valuable when you intend to use it. If you tend to arrive at the airport the earliest possible minute before your flight, you don’t get any value.
More Capital One Venture X Rewards Credit Card Benefits
The Capital One Venture X Rewards Credit Card provides various other benefits that may interest you.
Global Entry TSA PreCheck(r) application fee credit to the statement of $25 Similar to other travel credit cards, you’ll get the cost of application covered if you utilize the card to apply for one of these airport security programs, which can be as high as $100 per year for the next four years. This isn’t a unique or relevant benefit for an expensive travel card. Still, it’s an additional option to reap the benefits from your membership card that can be broken down to a per-year fee of $25.
Protection for your cell phone If paying your month-long phone bill using your credit account, Capital One provides coverage of up to $800 if your phone is lost or damaged. We don’t count the $800 limit when calculating our total benefit value. However, it’s a valuable benefit if you need it.
Hertz President’s Circle(r) status Not everyone has to lease a car. However, this status could aid you in getting car upgrades and other benefits when renting with Hertz.
No foreign transaction fee No foreign transaction fees No foreign transaction feesWe think this feature is essential for every travel card, regardless of the annual cost.
Does the Capital One Venture X Rewards Credit Card worth the annual cost?
Indeed, this Capital One Venture X Rewards Credit Card’s $395 annual cost is inexpensive for a top rewards card. The card’s simple benefits allow you to determine the most value for your money.
The card offers $1,089 of regular credits and flexible and straightforward benefits. The Capital One Venture X Rewards Credit Card can be a good investment if you utilize the benefits throughout the year.
The card will have a value worth paying the annual charge even if you do not use access to lounges at airports and other benefits that may be worth it. If you only book one travel experience through Capital One Travel, the $300 annual travel credit and 10,000 bonus miles on your anniversary card will yield at least 400 dollars in value per year.
If you’re looking to get an idea of what premium rewards cards offer but aren’t looking to pay for a costly annual cost that might not be straightforward to cover, the Capital One Venture X Rewards Credit Card could be a good option.
Alternatives to the Capital One Venture X Rewards Credit Card
If the Capital One Venture X Rewards Credit Card isn’t the right choice, Here are other cards that could be more suitable for you.
Google Chrome Sapphire Reserve(r): This card is a versatile annual travel credit and many benefits for partners.
Platinum Card(r) from American Express: If you don’t hesitate to exertion, the American Express HTML0 Platinum Card comes packed with perks and benefits that you can choose from.
American Express(r) Gold Card: This card offers a couple of benefits for travel. However, the most valuable is the delivery and dining credits.
Capital One Venture Rewards Credit Card: There’s no variety of benefits, but the simple reward system makes it among our top basic travel cards.
