Earn 75,000 bonus miles with Capital One Venture X's current offer
Editor's Note
The Capital One Venture X Rewards Credit Card stands tall in the travel credit card market. This is thanks to its straightforward benefits, ability to earn valuable Capital One miles and annual fee of $395, modest compared to its premium counterparts.
Let's dive into the Venture X's bonus and benefits to help you decide whether now is the time to add the card to your wallet.
Current Capital One Venture X offer
New Venture X applicants can earn 75,000 bonus miles after spending $4,000 on purchases in the first three months from account opening.
According to TPG's December 2025 valuations, this bonus is worth $1,388.
Capital One miles are most valuable when you leverage one of the issuer's 15-plus transfer partners. However, cardholders also have the option to redeem at a fixed rate of 1 cent per point to cover recent travel purchases on the card or make bookings through the Capital One Travel portal. This bonus is worth a respectable $750 if you redeem it this way.
Application rules and restrictions
Capital One has imposed a 48-month family rule across its lineup of Venture cards, including the Capital One VentureOne Rewards Credit Card and the Capital One Venture Rewards Credit Card.
This new Venture family rule restricts you from moving 'down' the Venture card family (in terms of annual fees), meaning if you already have the Venture X and earned the bonus in the last 48 months, you won't be approved for the VentureOne ($0 annual fee) or Venture ($95 annual fee). So, that's something to keep in mind if you want to pick up one of these two lower-tier cards in the future.
Additionally, if you've opened the Venture X and received its bonus in the last 48 months, you won't be eligible for this current bonus.
Capital One's other application restrictions require you to wait six months between approvals for new Capital One cards, including both personal and business cards.
Related: 6 things to do when you get the Capital One Venture X
Why you should apply for the Venture X
The Venture X provides several benefits for frequent travelers to enjoy. Key perks include:
- Anniversary bonus: The card pays 10,000 bonus miles on your account anniversary, starting on your first anniversary. As of December 2025, TPG values those 10,000 miles at up to $185 when utilized with Capital One's transfer partners.
- Annual travel credit: Cardholders will receive a $300 annual credit for bookings made through Capital One Travel.
- Authorized users: Additional authorized users can be added at no charge. However, beginning Feb. 1, 2026, each authorized user will cost $125 annually to retain Capital One and Priority Pass lounge access.
- Global Entry or TSA PreCheck: Cardholders receive up to $120 in statement credits for either TSA PreCheck or Global Entry.
- Lounge access: Cardholders, authorized users and up to two guests per visit get complimentary access to Capital One lounges and more than 1,300 Priority Pass lounges until Feb. 1, 2026. After this date, you'll be required to pay for guest access to both types of lounges.
- Luxury hotel perks: The Capital One Premier Collection offers free breakfast, room upgrades and other perks at participating hotels and resorts. Cardholders can also access Capital One's lower-tier Lifestyle Collection.
- Stacking car rental perks: Cardholders can stack car rental perks with Hertz.*
*Upon enrollment, accessible through the Capital One website or mobile app, eligible cardholders will remain at that status level through the duration of the offer. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.
On top of these benefits, the Venture X makes it easy to earn Capital One miles at competitive rates:
- 10 miles per dollar spent on hotels and rental cars booked through Capital One Travel
- 5 miles per dollar spent on flights and vacation rentals booked through Capital One Travel
- 2 miles per dollar spent on all other purchases
If you maximize the full value of just two of the Venture X's annual perks — the $300 travel credit and 10,000 bonus points — you will effectively recoup your $395 annual fee. That's because TPG's December 2025 valuations place the bonus points at $185. When you add the value of the $300 credit to this, you reach a total annual value of $485.
Related: Cashing in Capital One miles? How to get the maximum value when redeeming miles
Bottom line
The Venture X can be a great option for many travelers, and the card will likely become more compelling over time as Capital One continues to invest in its rewards program and expand its lounge network.
To learn more, read our full review of the Venture X.
Learn more: Capital One Venture X
For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.
TPG featured card
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| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 5X | New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App. |
| 3X | Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines. |
| 2X | Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Pros
- Valuable dining and food-related credits
- Flexible rewards with airline and hotel transfer partners
- Multiple travel and purchase protections
- No foreign transaction fees
- Access to Amex Offers for additional savings (enrollment required)
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $8,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- New! Earn 5X Membership Rewards® points on prepaid hotel stays booked through AmexTravel.com or the Amex Travel App.
- Earn 3X Membership Rewards® points on flights booked through AmexTravel.com, the Amex Travel App, or purchased directly from airlines.
- Earn 2X Membership Rewards® points on prepaid car rentals booked through AmexTravel.com or the Amex Travel App and cruises booked and paid through AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- Pay It® lets you tap in the American Express® App to quickly pay for small purchase amounts throughout the month and still earn rewards the way you usually do. Plan It® gives you the option to split up big purchases into equal monthly payments with a fixed fee. You’ll know upfront exactly how much you’ll pay.
- Updated! $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub (including Seamless), Buffalo Wild Wings, Five Guys, The Cheesecake Factory, and Wonder. This can be an annual savings of up to $120. Enrollment required.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year at over 10,000 qualifying U.S. Resy restaurants after you pay for eligible purchases with the American Express® Gold Card. That’s up to $50 in statement credits semi-annually. Enrollment required.
- $84 Dunkin' Credit: Earn up to $7 in monthly statement credits after you pay with the American Express® Gold Card at U.S. Dunkin’ locations. Enrollment required.
- $120 Uber Cash on Gold: Enjoy up to $120 in Uber Cash annually with your Gold Card. Just add your Card to your Uber account and you'll get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an Amex Card for your transaction.
- New! As an American Express® Gold Card Member, you can enjoy complimentary Hertz Five Star® Status. Enjoy benefits like skipping the counter at select locations, adding an additional driver at no additional cost*, and vehicle upgrades**. Benefit enrollment and Hertz Gold+ registration are required. *Additional drivers must meet standard rental qualifications and must be a spouse or domestic partner to qualify as complimentary. Other additional drivers subject to fees. **Benefits are subject to availability and vary by location. Additional Hertz program Terms and Conditions including age restrictions apply.
- Take advantage of a $100 credit towards eligible charges* at over 1,300 upscale hotels worldwide when you book The Hotel Collection through AmexTravel.com or the Amex Travel App **. *Eligible charges vary by property. **The Hotel Collection requires a two-night minimum stay.
- Book your travel through the Amex Travel App with added peace of mind – backed by American Express® service and support. Only for American Express® Card Members.
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.