Capital One Venture X Rewards Credit Card Review

In the event you’re like me, you’re all the time looking out for methods to make your adventures extra reasonably priced and gratifying. That’s why I gather factors and miles. They assist me journey longer, higher, and cheaper.

At present I wish to discuss a card that’s been rising in recognition 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, prior to now couple of years, they’ve actually improved the cardboard. It’s one of many most important playing cards I exploit 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 price contemplating in case you’re searching for a brand new card. Right here’s every little thing you’ll want to know in regards to the card and why I believe you must think about 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 at the least 2x miles on each buy, you possibly can earn miles the next methods:

• 75,000 bonus miles while you spend $4,000 on purchases within the first three months after opening the account
• 10x miles on accommodations 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

Apart from 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 World Entry or TSA PreCheck
• Limitless complimentary entry to Capital One, Precedence Go, 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 cost effective premium travel card on the market (plus, if you should utilize the $300 journey credit score, that brings the payment right down to a manageable $95).

Utilizing Your Capital One Miles

Capital One miles will be redeemed in a couple of methods. One is by reserving journey straight 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 have to e-book at the least $300 price of journey this manner.

An alternative 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 possibly can reimburse your self at a redemption fee of 1 cent per mile. After 90 days, and for all different purchases, you should utilize 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).

Nonetheless, you’ll get probably the most out of your miles by transferring them to Capital One’s 15+ airline and lodge companions. Whereas the precise worth varies based mostly on what you e-book, you possibly can normally discover airline and lodge redemptions price way more than the aforementioned one cent per mile. (The method is fairly simple and will be achieved 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 Govt Membership
• Cathay Pacific Asia Miles
• Alternative 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 Purple
• Wyndham Rewards

Utilizing switch companions is a game-changer in case you’re trying 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 all the time 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 (search engines like google and yahoo that provide help to discover the most effective flights and accommodations to e-book with miles), it’s simpler than ever to seek out the most effective redemption choices.

Professionals 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 World Entry or TSA PreCheck
• Entry to Capital One and Precedence Go 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 accommodations, trip leases, and rental automobiles)
• Switch companions are a bit missing (no US airways and never the most effective accommodations)

Who is that this card for?

The Capital One Enterprise X is greatest for frequent vacationers who desire a simple card with a better incomes fee on all purchases. In the event you often fly and keep in accommodations, and are prepared 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 case you’re not a frequent traveler or don’t spend sufficient to offset the $395 annual payment, the Enterprise X may not be the most effective match. It’s additionally not preferrred in case you’re searching for a card with a excessive rewards fee in particular classes like eating or groceries.

In the event you journey sometimes or favor a decrease annual payment, you may wish to pick another card that higher aligns along with your spending habits and journey frequency. As a result of there isn’t any 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 usually and wish to take pleasure in top-tier perks. Weigh the professionals and cons to see if it’s the appropriate match in your journey way of life however I wager it’s! Like I mentioned within the intro, it’s one among my favourite playing cards and I undoubtedly suggest getting it.