5 Capital One Venture X Benefits That You Didn’t Know About
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Written by
Ben Luthi
The Capital One Venture X Rewards Credit Card is a popular pick among frequent travelers, primarily because of its lower annual fee compared to other premium travel rewards cards. It also makes it easy to earn back that yearly cost through perks alone.
Whether you’re an existing Venture X holder or you’re thinking about applying, here are some of the card’s best benefits you may not know about.
1. Top-Tier Airport Lounge Experience
Like many other travel credit cards, the Venture X offers airport lounge access, primarily with the Priority Pass network and its 1,300+ locations, after enrollment. But even seasoned travel rewards enthusiasts can’t help but be impressed by the card issuer’s flagship Capital One Lounge.
My favorite part about the lounge is its selection of to-go fare. With other lounges, you might be lucky to snag a banana or plastic-wrapped apple and a cup of coffee on a quick layover. But when I had just minutes to catch a flight in Dallas, I was surprised to find an array of options at the Capital One Lounge.
In under a minute, I managed to grab a sandwich, a small salad and a parfait for dessert, and there was someone nearby to hand me a bag as I walked out.
The only downside is that there are just a handful of locations, including:
- Dallas-Fort Worth International Airport (DFW)
- Denver International Airport (DEN)
- Washington Dulles International Airport (IAD)
- Ronald Reagan Washington National Airport (DCA)
- Harry Reid International Airport (Las Vegas)
However, there are more on the way, including locations at New York-JFK and LaGuardia (LGA).
2. Easy Annual Fee Value
Like other premium credit cards, the Venture X charges a hefty annual fee — you’ll pay $395 each year. While the card offers impressive rewards, with a minimum of 2 miles per dollar on every purchase, I prefer to judge whether a card’s annual fee is worthwhile based on perks alone.
Due to some health issues, I had to cut back on travel considerably a couple of years ago. At that time, I had a handful of premium credit cards, but I could no longer justify keeping all of them.
After careful consideration, I canceled all of them except for the Venture X because it’s the only premium travel card that doesn’t make you jump through hoops to recoup the annual fee.
Each year, you’ll get 10,000 bonus miles and $300 in Capital One Travel credits, which are worth a total of $400 in travel. I only need to travel once a year to maximize those perks, while other premium cards may require more frequent travel to be worthwhile.
3. Savings Through Capital One Travel
As a Venture X holder, you have access to the Capital One Travel portal. In addition to getting extra miles on eligible reservations and $300 in credits toward Capital One Travel bookings each year, you’ll also get features that can help you save:
- Price tracking: Give Capital One your itinerary, and it’ll track flight prices and tell you the best time to book. On average, users save 15%, according to the card issuer.
- Price drop protection: If you book a flight when Capital One recommends for your itinerary and the price drops within 10 days, you’ll receive up to $50 in travel credits to help cover the difference.
- Price matching: If you book something and find a better price somewhere else within 24 hours, you’ll get a travel credit to cover the difference.
- Flight disruption assistance: If a flight you booked through Capital One Travel gets delayed or canceled, or you miss a connection, this add-on service allows you to rebook on any airline or keep your flight and request a refund.
Cardholders also receive access to Capital One’s Premier Collection of luxury hotels, resorts and vacation rentals. When you book a Premier Collection property through Capital One Travel, you’ll receive premium perks during your stay, including:
- Daily breakfast for two (hotels only)
- Complimentary Wi-Fi
- Up to $100 experience credit to use toward extras such as spa treatments and dining
- Potential room upgrades (when available at hotels only)
- Early check-in and late check-out (when available)
4. Valuable Trip and Shopping Protections
Capital One’s website lists up to $800 cell phone protection on the Venture X landing page. However, if you dig into the Visa Infinite benefits guide, you’ll learn more about what the premium travel card offers. Here’s a quick look:
- Auto rental collision damage waiver: Up to $75,000 in coverage; coverage is primary.
- Trip cancellation and interruption: Up to $2,000 per covered person for non-refundable common carrier tickets if the trip was canceled or interrupted due to a covered reason.
- Trip delay reimbursement: Up to $500 per ticket for reasonable additional expenses, such as meals and lodging, if your trip is delayed by six or more hours or overnight due to a covered reason.
- Lost luggage reimbursement: Up to $3,000 per covered trip to replace items lost by a common carrier due to theft or misdirection.
- Purchase security: Up to $10,000 per claim and $50,000 in total for eligible items damaged or stolen within 90 days of purchase.
- Return protection: Up to $300 per claim and $1,000 annually if a retailer refuses a return of an eligible item within 90 days.
- Extended warranty protection: Extends an eligible manufacturer’s warranty of three years or less by one year, up to $10,000 per claim and $50,000 in total.
5. Arguably the Most Flexible Travel Redemption Options
As with other popular travel rewards programs, you can use your Capital One Miles to book trips through the card issuer’s travel portal, or you can transfer them to a range of airline and hotel loyalty program partners.
However, Capital One takes it a step further by allowing you to book travel however you want and then use your miles to get a full or partial statement credit within 90 days of the purchase. American Express, Chase and Citi don’t offer this option.
If you’re like me and prefer to book directly with airlines, hotels and car rental companies, this can be a great way to get the flexibility you need.
Bottom Line
The Capital One Venture X is one of the best travel credit cards on the market. While some perks have been cut since it first launched several years ago, the card continues to stand out by offering premium travel benefits without the usual hassle.
Between its generous benefits, flexible redemption options and ease of offsetting the annual fee, it’s a solid choice for both frequent travelers and those who take just one or two trips a year. Getting to know all of the card’s perks can make it easier for you to make the most of your travel experiences.
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
Frequently Asked Questions About Capital One Venture X Benefits
What are the best Capital One Venture X benefits?
The Capital One Venture X’s top benefits include airport lounge access, a $300 annual Capital One Travel credit, a 10,000-mile bonus each card anniversary, and strong travel and purchase protections.
Does the Capital One Venture X have drawbacks?
The biggest downside of the Venture X is the $395 annual fee. However, it’s easy to justify the cost if you maximize the card’s perks — the annual $300 Capital One Travel credit and 10,000-mile anniversary bonus (worth $100 in travel) alone can offset the annual fee.
What is the Capital One Venture X welcome bonus offer?
The Venture X offers a substantial welcome bonus: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.
Do you get Global Entry or TSA PreCheck with the Capital One Venture X?
Yes, the Capital One Venture X offers up to a $120 statement credit per account, every four years, toward the application fee for Global Entry or TSA PreCheck.
