Is the Capital One Venture X Rewards Credit Card worth the annual fee?
While other cards provide more potential value, the beauty of the Capital One Venture X Rewards Credit Card is its straightforwardness. This card doesn’t require a lot of strategizing — the benefits are easy to use and flexible enough for most travelers.
In fact, the card is likely to be worth the $395 annual fee even if you don’t use airport lounge access and other potentially valuable benefits. As long as you book one trip through Capital One Travel, the annual travel credit and card anniversary bonus miles can provide at least $400 in value every year.
If you’re interested in getting a taste of what premium rewards cards are all about but don’t want to shell out for an expensive annual fee that might not be so easy to cover, the Capital One Venture X Rewards Credit Card might be a strong choice.
The most valuable Capital One Venture X Rewards Credit Card benefits
$300 annual travel credit
The Capital One Venture X Rewards Credit Card features a $300 annual travel credit. You can use the travel credit to pay for flights, hotels and rental cars booked directly through Capital One Travel.
The ability to use this credit on common travel purchases gives cardholders both straightforward value and the confidence to know they’re likely to use it every year. And the full credit goes a long way towards covering the card’s annual fee on its own.
10,000 anniversary bonus miles
The Capital One Venture X Rewards Credit Card also gives you 10,000 bonus miles each year to celebrate your account renewal. The best part? There’s no spending requirement to earn this anniversary bonus — all you have to do is keep the card open.
Airport lounge access
The Capital One Venture X Rewards Credit Card also grants you access to multiple airport lounge networks to enjoy while you wait for your flights.
This includes complimentary access to the issuer’s Capital One Lounges, which would otherwise cost $65 per visit. But keep in mind that there are currently only a handful of Capital One Lounges currently open in U.S. airports.
You’ll also receive a complimentary Priority Pass Select membership, which can get you into more than 1,300 airport lounges around the world.
More Capital One Venture X Rewards Credit Card benefits
The Capital One Venture X Rewards Credit Card offers a handful of other benefits that might interest you.
- Global Entry or TSA PreCheck® application fee statement credit — Like with some other travel cards, you’ll have your application fee covered when you use your card to apply for one of these expedited airport security programs, up to $100 every four years.
- Cellphone protection — When you pay your monthly cellphone bill with your card, Capital One provides coverage of up to $800 if your phone is stolen or damaged.
- Hertz President’s Circle® status — Not everyone needs to rent a car, but this status can help you get car upgrades and other amenities when you rent with Hertz.
- No foreign transactions fees — We consider this feature a must-have for any travel card, no matter the annual fee.