The Capital One Venture X Rewards credit card is one of the latest cards in the Capital One lineup and the most premium.
And this is very important: you get 100,000 bonus miles when you spend $10,000 on purchases within the first 6 months of opening an account (which equals $1,000 on trips and more). Get $200 back in the form of a rental statement deducted from your account in the first year (Limited Time Offer) and it’s a serious contender in the travel rewards space.
Well, the bonus of 100,000 points is about to end. On March 14, Capital One will end the Capital One Venture X Rewards credit card signup bonus..
Even though the card comes with a steep $395 annual fee, this bonus offer is hard to pass up.
If you’ve been looking for a premium travel credit card to boost your travel rewards, the Capital One Venture X Rewards Credit Card may be just what you need.
You’ll find other features that may justify the price, including:
➥ 10x hotel and car rental miles when booked through Capital One Travel.
➥ 5x more miles on flights when booked through Capital One Travel.
➥ Unlimited 2x miles on all other purchases.
➥ Refund up to $300 as annual statement when booking through Capital One Travel.
➥ Additional 10,000 bonus miles (equivalent to $100 per trip) for each account anniversary.
➥ Up to $100 credit for Global Entry or TSA PreCheck®.
The Capital One Venture X Rewards Credit Card is best for excellent borrowers.
Well, before you run off and snag one of the best bonuses, take a step back and make sure you’re not going to hit your credit score just to get your application rejected.
Excellent credit is required to qualify for the Capital One Venture X Rewards Card, meaning you will likely need a score above 740.
This means that first-time credit card holders will likely find it difficult to qualify. Also, they are better off sticking with the card for younger borrowers. (You can find a list of our favorites here).
If you want to level up your travel game, this map is for you.
Now, for the slightly more experienced credit card processor looking to expand their travel rewards strategy, the Capital One Venture X Rewards Card is extremely attractive.
Yes, you will need to pay an annual fee of $395. But with 100,000 bonus miles and all the credits and privileges, you’ll easily beat the annual fee in your first year – and you’ll have enough left over to have a pretty enjoyable vacation.
More:
Want to use Capital One but need a different card? Check out the list of our favourites.
Or find a list of our other favorite travel reward cards here.
Featured Image: Studio Prostock/Shutterstock.com
