When the Capital One Venture X Rewards Credit Card launched in November 2021, it quickly became a formidable contender in the premium rewards credit card arena, challenging stalwarts like The Platinum Card® from American Express and the Chase Sapphire Reserve®. With a more accessible annual fee of $395—significantly less than its competitors—the Venture X doesn’t just compete; it excels, particularly in its benefits for authorized users.
Venture X Card Overview
The Venture X card comes loaded with features designed to enrich your travel experience:
- Sign-up Bonus: Earn 75,000 bonus Capital One miles after spending $4,000 within the first three months.
- Earning Rates: Enjoy 10 miles per dollar on hotels and rental cars booked through Capital One Travel, 5 miles per dollar on flights, and 2 miles per dollar on all other purchases.
- Annual Travel Credit: Receive a $300 credit annually for bookings made via Capital One Travel.
- Anniversary Bonus: Get 10,000 bonus miles every account anniversary.
- Lounge Access: Unlimited access to Capital One Lounges and a Priority Pass membership offering entry to over 1,300 lounges globally.
- Global Entry or TSA PreCheck Credit: Up to a $120 statement credit every four years.
- No Foreign Transaction Fees
Adding Authorized Users at No Extra Cost
One of Venture X’s standout features is the ability to add up to four authorized users without any additional fees. This is particularly advantageous when compared to the costs associated with adding users on similar cards from American Express and Chase. For families or couples, this can translate into substantial savings and benefits, as many of the card’s perks extend to all users.
Capital One Lounge Access
Capital One has introduced several exclusive lounges at major airports across the United States, including Dallas Fort Worth (DFW), Dulles (IAD), and Denver (DEN), with more planned. These lounges offer premium amenities such as Peloton bikes and locally sourced dining options. Venture X cardholders and their authorized users gain entry to these lounges, enhancing travel experiences significantly.
Complimentary Hertz President’s Circle Elite Status
Both primary cardholders and authorized users can enjoy complimentary Hertz President’s Circle elite status, which includes benefits like one-class car upgrades and a 50% bonus on rental points. This status can be activated through the Capital One portal, adding value to your rental car experiences.
Travel and Purchase Protections
The Venture X card, as a Visa Infinite product, offers robust travel and purchase protections:
- Trip Cancellation and Interruption Insurance: Up to $2,000 per person.
- Trip Delay Reimbursement: Up to $500 per person for delays over six hours.
- Lost Luggage Reimbursement: Up to $3,000 per trip.
- Cellphone Protection: Up to $800 per claim.
- Primary Rental Car Insurance: Coverage up to $75,000.
- Purchase Protections: Includes extended warranties and return protections.
Utilizing Benefits for Authorized Users
While authorized users don’t receive their own $300 travel credit or Global Entry/TSA PreCheck credits (these are per account), they do earn miles at the same rate as the primary cardholder and contribute to meeting the spending requirement for the sign-up bonus. This makes it an excellent strategy for families looking to maximize their rewards.
How to Add Authorized Users
Adding authorized users is a simple process via the Capital One website. You’ll need to provide basic details such as names, birthdates, and Social Security numbers. This process not only broadens your rewards earning potential but also extends premium benefits to those closest to you.
Final Thoughts
The Capital One Venture X offers a compelling package for those looking to maximize their travel benefits without the steep fees associated with other premium cards. Its generous policy on authorized users and the suite of benefits available make it a top choice for savvy travelers aiming to enhance their journey while accruing valuable rewards. Whether you’re booking a family vacation or planning a business trip, the Venture X card equips you with tools to make your travels more rewarding and less stressful.
