How the Capital One Venture X travel credit can save you $300 on your next trip
Editor's Note
As the saying goes, don't judge a book by its cover. The same phrase can be applied to a credit card's annual fee.
Take the Capital One Venture X Rewards Credit Card, for instance. While this premium rewards card has a $395 annual fee, several valuable ongoing perks help offset the full cost of that figure.
Those perks are in addition to a nice sign-up bonus: 75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening.
One of the ongoing principal benefits that Venture X cardholders receive each year is an annual $300 credit that applies to bookings made on Capital One Travel. Let's take a closer look at the Venture X annual credit, how you can make the most of it — and why you may want to apply now.
What is the Venture X $300 travel credit?
Venture X cardholders receive $300 in credits each cardmember year (not calendar year) toward travel, including the year you open the card. That means you can get $300 in value from Venture X immediately.
But there is one caveat: The credit only applies to bookings made through the Capital One Travel portal.
The Capital One Travel portal is an online travel agency best compared to those offered by other issuers, such as Amex Travel and the Chase Travel℠ portal. What sets Capital One's portal apart is its partnership with travel booking startup Hopper. It offers excellent predictive pricing technology that can help cardholders ensure they get the best price.
Cardholders can log into the Capital One Travel portal to book things like airfare, hotel stays and rental car reservations. The $300 credit will then be applied to those purchases.
Even better, the credit can be used across one or multiple transactions until the $300 limit is reached, and no registration is required. This means the credit will automatically apply to transactions until you hit the $300 mark without you doing additional work to take advantage of it.
Related: A full review of Capital One Venture X
Booking through Capital One Travel vs. booking directly
At face value, the requirement to use the Capital One Travel portal might feel like a limitation, especially when you consider the benefits of booking travel directly.
For instance, when booking certain hotels or car rentals through any third-party service — including Capital One Travel and other credit card issuers' travel portals — you will typically forfeit elite-status benefits and the ability to earn elite-qualifying credits and points within these loyalty programs.
However, for flights and independent hotels (including Disney resorts, for those who love visits to the Disney parks), booking through the Capital One Travel portal still makes a lot of sense since you wouldn't earn hotel points anyway. Flights booked this way usually still earn points and elite-qualifying miles, the same as booking directly.
Finally, Capital One Travel has several unique features thanks to its partnership with Hopper.
This includes an integrated price prediction and matching tool along with a best-price guarantee. Capital One also offers the option to purchase cancel-for-any-reason flight coverage and price freeze protection. This allows folks to lock in a price they find on the portal for a fee until they're ready or able to book.
Earning miles through Capital One Travel
Aside from how easy it is to maximize that $300 credit, there is one other excellent reason to use the Venture X to book travel through the Capital One Travel portal: the bonus-earning opportunities.
The Venture X has a simple earning structure, accruing 2 miles per dollar on most charges. However, it features elevated earning rates for bookings made via Capital One Travel:
- 10 miles per dollar on hotels and car rentals booked via Capital One Travel
- 5 miles per dollar on flights and vacation rentals booked via Capital One Travel
So, by using the Venture X for Capital One Travel purchases, you can ensure you take full advantage of your $300 annual credit and then earn bonus miles on your other bookings above and beyond that threshold.
You should also look into how you can stack rental car perks using Hertz and the Venture X; this will save you a lot of time, money and hassle when leaving the airport to start a vacation.
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
Earn miles while using the credit
Venture X cardholders can receive the $300 annual Capital One Travel credit while still earning miles (at the applicable rate).
For instance, let's say you booked a hotel for exactly $300 through the Capital One Travel portal. You'd be credited $300 on your statement, and you would also earn 3,000 miles ($300 multiplied by 10 miles per dollar) for the "purchase." That's very generous on Capital One's end.
How does this travel credit compare to other premium cards?
Two major competitors to Venture X in the premium card space are The Platinum Card® from American Express and Chase Sapphire Reserve® (see rates and fees).
Both the Chase and Amex products have higher annual fees, but they also offer an array of additional perks that may be useful for some consumers. They each carry travel-specific benefits that are worth comparing to Venture X.
Chase Sapphire Reserve
The Chase Sapphire Reserve charges a $795 annual fee, and one of its standout perks is a highly flexible $300 annual travel credit. Unlike Capital One's requirement to use a proprietary booking portal, Chase allows Sapphire Reserve cardholders to earn their $300 back on a wide variety of travel transactions. This applies regardless of whether they book directly with a hotel or airline or through Chase Travel.
Amex Platinum
The Amex Platinum charges an $895 annual fee (see rates and fees), with an array of built-in statement credits that help offset the yearly cost of the card.
One of the perks most similar to Capital One's is an up-to-$200 airline incidental fee statement credit each calendar year. Another similar perk: up to $600 in statement credits on prepaid Amex Fine Hotels + Resorts or The Hotel Collection bookings (of two or more nights for THC) made through American Express Travel® when you pay with your Amex Platinum. Enrollment is required for select benefits.
Bottom line
Premium credit cards tend to feature high annual fees. But often, the protections, credits and perks they offer make up for a large chunk of those annual fees. In the case of Venture X, a $300 annual credit applied to Capital One Travel bookings significantly offsets the card's $395 annual fee. This also effectively reduces the cost of the annual fee to $95 once you've maxed out that $300 credit.
If you plan to apply for the Capital One Venture X — or have the card already — you will want to familiarize yourself with the travel portal to ensure you get the most out of this benefit.
Learn more: Capital One Venture X with 75,000 bonus miles when you spend $4,000 on purchases in the first three months from account opening.
For rates and fees of the Amex Platinum Card, click here.
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
Rewards
| 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. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro offer
Annual Fee
Recommended Credit
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits.Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
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 $6,000 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.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.
Rewards Rate
| 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. |
| 3X | Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. |
| 2X | Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. |
| 1X | Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases. |
Intro Offer
You may be eligible for as high as 100,000 Membership Rewards® Points after spending $6,000 in eligible purchases on your new Card in your first 6 months of Membership. Welcome offers vary and you may not be eligible for an offer.As High As 100,000 points. Find Out Your Offer.Annual Fee
$325Recommended Credit
Credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.Excellent to Good
Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits.Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
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 $6,000 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.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.