Capital One Venture X Rewards Credit Card Review

When you’re like me, you’re at all times looking out for tactics to make your adventures extra inexpensive and satisfying. That’s why I accumulate factors and miles. They assist me journey longer, higher, and cheaper.

At this time I wish to speak about a card that’s been rising in reputation over the previous few years: the Capital One Venture X Rewards Credit Card. It’s designed for vacationers who wish to simply rack up miles with out having to maintain monitor of bonus classes.

And, up to now couple of years, they’ve actually improved the cardboard. It’s one of many most important playing cards I take advantage of now as a result of I really like their journey portal, their switch companions, and all of the perks that include the cardboard.

With a hefty sign-up bonus, premium journey advantages, and a formidable rewards construction, the Enterprise X is value contemplating in the event you’re on the lookout for a brand new card. Right here’s all the pieces you must know concerning the card and why I believe you need to take into account getting it:

What’s the Capital One Enterprise X Rewards Credit score Card?

The Capital One Venture X Rewards Credit Card is a journey rewards card issued by Capital One. What I really like about this card is its miles system. For each greenback you spend, you earn two miles, which (together with the lower-fee Capital One Venture Rewards Card) is exclusive amongst journey bank cards. There’s additionally no further price for as much as 4 approved customers, making this a very good possibility for households who want a number of playing cards.

Along with incomes no less than 2x miles on each buy, you may earn miles the next methods:

• 75,000 bonus miles whenever you spend $4,000 on purchases within the first three months after opening the account
• 10x miles on resorts and rental automobiles booked by way of Capital One Journey
• 5x miles on flights and trip leases booked by way of Capital One Journey

Different Perks and Advantages of the Capital One Enterprise X

Except for incomes miles, the Enterprise X packs a punch with its vary of perks:

• $300 journey credit score when reserving by way of the Capital One portal
• As much as $120 credit score for International Entry or TSA PreCheck
• Limitless complimentary entry to Capital One, Precedence Cross, and Plaza Premium lounges
• 10,000 bonus miles yearly, beginning in your first anniversary
• $100 expertise credit score and different premium advantages with each lodge and trip rental booked from the Premier Assortment
• Journey insurance coverage protection, together with major automobile rental insurance coverage, journey interruption and cancellation, and baggage reimbursement
• No overseas transaction charges

With an annual payment of $395, it’s additionally the most affordable premium travel card on the market (plus, if you need to use the $300 journey credit score, that brings the payment right down to a manageable $95).

Utilizing Your Capital One Miles

Capital One miles may be redeemed in a couple of methods. One is by reserving journey instantly by way of Capital One’s portal. Whereas I usually don’t recommend booking through credit card portals, to totally profit from the Enterprise X’s journey credit score, you’ll must guide no less than $300 value of journey this manner.

Another choice is to make use of your miles to get reimbursed for any journey buy. For 90 days after making such a purchase order, you may reimburse your self at a redemption fee of 1 cent per mile. After 90 days, and for all different purchases, you need to use miles as money again, at a redemption fee of 0.5 cents per mile (however keep away from doing this, because it’s not a very good worth).

Nevertheless, you’ll get essentially the most out of your miles by transferring them to Capital One’s 15+ airline and lodge companions. Whereas the precise worth varies primarily based on what you guide, you may often discover airline and lodge redemptions value rather more than the aforementioned one cent per mile. (The method is fairly simple and may be completed by way of your Capital One account.)

Listed below are Capital One’s present journey companions:

• Accor Dwell Limitless
• Aeromexico Membership Premier
• Air Canada Aeroplan
• Air France/KLM Flying Blue
• Avianca LifeMiles
• British Airways Government Membership
• Cathay Pacific Asia Miles
• Selection Privileges
• Emirates Skywards
• Etihad Airways Visitor
• EVA Air Infinity MileageLands
• Finnair Plus
• Qantas Frequent Flyer
• Singapore Airways KrisFlyer
• TAP Portugal Miles&Go
• Turkish Airways Miles&Smiles
• Virgin Crimson
• Wyndham Rewards

Utilizing switch companions is a game-changer in the event you’re seeking to maximize the worth of your miles. That’s why, except I discover a tremendous low cost flight or lodge room (lower than $150 USD), I at all times switch miles to Capital One’s journey companions. That’s very true when reserving enterprise class flights or fancy lodge rooms. You simply get extra worth in your cash.

Plus, with instruments like point.me and Awayz (serps that show you how to discover the very best flights and resorts to guide with miles), it’s simpler than ever to seek out the very best redemption choices.

Execs of the Capital One Enterprise X

• Substantial welcome provide
• 2x miles on each buy
• $300 annual journey credit score
• 15+ switch companions
• Journey accident and automobile rental insurance coverage
• As much as a $120 credit score for International Entry or TSA PreCheck
• Entry to Capital One and Precedence Cross airport lounges
• No overseas transaction charges

Cons of the Capital One Enterprise X

• Steep $395 annual payment
• Should use Capital One’s Journey Portal to reap the benefits of some advantages (e.g., 10x miles per greenback on resorts, trip leases, and rental automobiles)
• Switch companions are a bit missing (no US airways and never the very best resorts)

Who is that this card for?

The Capital One Enterprise X is finest for frequent vacationers who desire a simple card with the next incomes fee on all purchases. When you incessantly fly and keep in resorts, and are keen to pay an annual payment for premium advantages, this card is tailor-made for you.

Who is that this card not for?

On the flip facet, in the event you’re not a frequent traveler or don’t spend sufficient to offset the $395 annual payment, the Enterprise X may not be the very best match. It’s additionally not splendid in the event you’re on the lookout for a card with a excessive rewards fee in particular classes like eating or groceries.

When you journey often or favor a decrease annual payment, you would possibly wish to pick another card that higher aligns along with your spending habits and journey frequency. As a result of there is no such thing as a proper card — solely the cardboard that’s best for you!

The Capital One Venture X Rewards Credit Card is a powerhouse for many who journey typically and wish to take pleasure in top-tier perks. Weigh the professionals and cons to see if it’s the proper match in your journey life-style however I wager it’s! Like I stated within the intro, it’s certainly one of my favourite playing cards and I positively advocate getting it.