Capital One Venture X Business review: Huge earning potential for a reasonable annual fee

13.09.2023 - 21:03 / thepointsguy.com

The Capital One Venture X Business is the business version of the fan-favorite Capital One Venture X Rewards Credit Card. Like its personal counterpart, the Venture X Business offers luxury perks for a reasonable annual fee and a simple earning structure of at least 2 miles per dollar on all purchases. This is a great option for small-business owners who value simplicity. Card rating*: ⭐⭐⭐⭐½

Since its debut in 2021, the Capital One Venture X Rewards Card has been a major player in the premium card space, offering luxury benefits like airport lounge access and a valuable travel credit for a relatively low annual fee.

And now, the Capital One Venture X Business is publicly available. It comes with the same $395 annual fee (see Venture X Business rates and fees; Venture X rates and fees) and many of the same benefits we've come to love in the Venture X: generous airport lounge access, a travel credit and the option to add a limited number of authorized users for no additional fee (see rates and fees).

The major difference between the personal and business offerings, however, is the welcome bonus. The Venture X Business has come in swinging with a valuable welcome offer — along with an eyebrow-raising spending requirement to earn it.

This card requires an excellent credit score, which Capital One defines as 800 or above.

Here's what you need to know if you're considering applying for the Capital One Venture X Business card.

The Capital One Venture X Business is offering a huge bonus to those who can meet its lofty spending requirement. New applicants can earn 150,000 bonus miles after spending $30,000 in the first three months from account opening.

You can redeem Capital One miles for a statement credit to cover travel purchases at a flat rate of 1 cent per mile. If you choose this route, the 150,000-mile bonus is worth an impressive $1,500.

But if you take advantage of the option to transfer your miles to Capital One's valuable hotel and airline partners, you'll get a much higher value of $2,775 from this bonus, according to TPG's valuations.

Related: How to apply for a Capital One business credit card

The Venture X Business has many of the same perks that have made its personal counterpart so popular. As a cardholder, you'll get:

If you can maximize these benefits, you'll easily justify the card's $395 annual fee. Those who spend significant time in Dallas Fort Worth or Dulles airports will especially appreciate this card's unlimited access to the Capital One Lounges since a single visit typically costs $65.

Related: A complete guide to Capital One's airport lounges

With the Venture X Business, you'll earn:

This simple earning structure means you won't have to worry about whether your purchase falls