Why Is The Capital One Venture X The Best Travel Credit Card For Us?

How did you pick the Capital One Venture X Credit Card?

Capital One Venture X Review:

Let me just start off by saying credit cards used to scare me. Before we got the Capital One Venture X, ​that The Points Guy is calling "the most exciting premium card to come around in years", we just had 2 cash back cards. I have the Capital One 1.5% back on everything and Drew has the Bank of American 3% on gas, 2% on groceries, 1% on everything else. 

​PS
(If you start to find this helpful, use our referral code so we can get some extra miles!) 

Then one day, my cousin texted the family group chat. He loves using credit cards and recently used all his points to take 3 several week long vacations on business class for free, including 10 days in the Maldives with his wife, is taking friends for free to Mexico at an all inclusive resort, and taking his oldest daughter on her first trip to Europe. So, in summary, I trust this guy. So he texted and said we should apply for the new Capital One Venture X credit card because it has CRAZY good benefits. And with all our travel coming up, I'm so glad we listened. 

*We've had the card for about a month and we 1) Went on a trip 2) Bought plane tickets through the portal for 5x miles 3) Went to our first airport lounge 4) Used the price watch feature on the travel portal 5) Gotten money back through the price drop guarantee 6) Received $10 off our Grubhub order (we did it 2 nights in a row haha so we got $20) in the rotating categories 7) Already received our $300 travel credit when booking through the portal. We have not tried to transfer points yet. So that's the only area that I can't review! But trusting my cousin here and all the amazing trips he's taken and taking!

*CAPITAL ONE VENTURE X REVIEW UPDATE:
The Capital One Venture X card AMAZING we're several months in and we have redeemed points, eating our weight in free meals from the lounge, and keep gaining miles with flights, hotels, and everyday purchases. My only regret is not getting a premium travel card earlier!! 

*The Bonuses have changed a little but are still epic - you get 75,000 miles when you spend $4,000 on purchase in the first 3 months (so this is perfect for a trip!)

*This card had paid for 2 direct flights from Raleigh to Iceland and Raleigh to Bozeman. Then we've reloaded so quickly with our car rental and hotel bookings. We're in love with how quickly we gain miles. 

Why you should apply for the Capital One Venture 

​The Capital One Venture X is worth applying for, plain and simple. The card has a $395 annual fee, but has so much to offer:

• The Venture X has a massive welcome bonus of 100,000 bonus miles upon completing minimum spending, plus a $200 vacation rental credit (which anecdotally works for lots of purchases); I consider this to be the best credit card welcome bonus out there, and value this at $1,900
• In the long run, the Venture X offers two perks that should more than offset the annual fee — a $300 annual travel credit, plus 10,000 bonus anniversary miles (redeemable for a minimum of $100 worth of travel)
• 10 miles per dollar on hotels and car rentals booked via Capital One Travel.
• 5 miles per dollar on flights booked via Capital One Travel.
• 2 miles per dollar on other purchases.
• The Venture X offers incredible lounge access perks, including a Priority Pass membership and access to Capital One Lounges (the first lounge opened at DFW — read a review here) and it's a $450 value and we can bring a guest which is a $32 value each time!
• You can add up to four authorized users to the Venture X at no extra cost, and they receive many of the same great perks, including lounge access
• The Venture X also offers Hertz President’s Circle elite status, primary rental car coverage, cell phone protection, a TSA Pre-Check or Global Entry fee credit, and more
• The card offers 2x Venture miles per dollar spent, which can be converted into 2x airline miles with a variety of programs; that makes this the best card for everyday spending, in my opinion

The math more than checks out here — this really is an unbelievably rewarding card, and competes favorably with the best premium cards out there.

Other Capital One Venture X Benfits?

Oh yeah! There are SO many. Here a just a few:

• ​Flight Price Protection: The Capital One Travel Portal tells you when to buy your flights at the cheapest price. If it goes down in price - you get refunded up to $50 the difference! We already got $40 back from this!
• Rental car status: The primary cardholder as well as authorized users receive complimentary Hertz President’s Circle status.
• Global Entry or TSA PreCheck: Up to $100 in statement credits for either TSA PreCheck or Global Entry.
• Trip cancellation and interruption insurance: Up to $2,000 per person for you and immediate family members for prepaid, nonrefundable tickets.*
• Trip delay reimbursement: Up to $500 per person for reasonable expenses like hotel rooms, food, toiletries or clothes when your flight is delayed overnight or by six hours or more.
• Lost luggage reimbursement: Up to $3,000 per covered trip if the airline damages or loses your bags.*
• Cellphone protection: By using the card to pay your monthly wireless bill, you’re eligible for up to $800 in coverage per claim with a maximum of two claims and $1,600 per 12-month period. A $50 deductible applies per occurrence.
• Primary rental car insurance: Up to $75,000 for damage caused by collision or theft to a rental car.*
• Purchase, extended warranty and return protection: Up to $10,000 per claim and $50,000 per account on purchases; warranties extended by an additional year; returns up to $300 per item and $1,000 per account.*
• Rotating Categories: There are SO many good categories! We have already used the $10 off Grubhub several times!

​How do I earn rewards?
You will earn 10 miles per dollar on hotels and rental cars and 5 miles per dollar on flights booked through Capital One Travel using this Rewards card account, and 2 miles per dollar on all other purchases. Earnings will apply to net purchases (purchases minus any credits or returns) only. Cash advances, balance transfers, and checks used to access your account are not considered purchases and will not earn rewards. All purchases made outside of Capital One Travel such as hotel incidentals, upgrades or other expenses, will not earn the enhanced earn rate, but will receive the standard 2 miles per dollar earn rate.

How do I earn rewards?
You will earn 10 miles per dollar on hotels and rental cars and 5 miles per dollar on flights booked through Capital One Travel using this Rewards card account, and 2 miles per dollar on all other purchases. Earnings will apply to net purchases (purchases minus any credits or returns) only. Cash advances, balance transfers, and checks used to access your account are not considered purchases and will not earn rewards. All purchases made outside of Capital One Travel such as hotel incidentals, upgrades or other expenses, will not earn the enhanced earn rate, but will receive the standard 2 miles per dollar earn rate.

​How does my spend bonus work?
You will earn 100,000 bonus miles if you spend at least $10,000 within 6 months of your rewards membership enrollment date. Once you qualify for this bonus, we will apply it to your rewards balance within two billing cycles. Existing or previous Accountholders may not be eligible for this one-time bonus.

How does my anniversary bonus work?
You will earn 10,000 bonus miles after your rewards membership anniversary each year once you have paid your Annual Membership Fee for that year. Once you qualify for this bonus, we will apply it to your rewards balance within two billing cycles.

Other Cards?
As always, do your research. Pick the card that fits your spending habits, lifestyle, financial status, and goals best. It was helpful for us to create a monthly budget of all our personal and business expenses to see if we could meet the $10k in 6 months bonus. And it became clear that we could with just 1 vacation. We didn't want to be airline loyalists because we didn't want to limit ourselves. The Capital One Venture X works best for us right now and I can't wait to see if it works for you! 

Here's a quick link to our referral code! Thank you!!
https://capital.one/3FOqIUd