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Capital One Venture X losing Hertz President's Circle status at the end of the year

Jan. 09, 2024
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3 min read
Young woman opening car door, ready for a road trip
Capital One Venture X losing Hertz President's Circle status at the end of the year
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Editor's Note

A Capital One spokesperson confirmed on Sept. 16 that eligible cardholders will continue to qualify for complimentary Hertz status beyond Dec. 31, 2024. The original story follows.

When we talk about the Capital One Venture X Rewards Credit Card, we tend to focus on its reasonable $395 annual fee that still unlocks valuable perks — including a $300 annual travel credit through Capital One Travel, extensive airport lounge access and the option to add up to four authorized users without any additional fees.

On top of these major perks, cardholders currently receive rental car benefits through complimentary Hertz President's Circle status.* However, this perk will soon end.

The Venture X's fine print indicates that the Hertz President's Circle status is now only available through Dec. 31, 2024. A Capital One representative has confirmed that this is the end date for the benefit, as first reported by Thrifty Traveler.

Embrace the open road with open arms
GRADYREESE/GETTY IMAGES

President's Circle status conferred some solid perks for Hertz renters, including bonus Gold Rewards points on rentals, upgrades (subject to availability) and a wider selection of vehicles to select from the Ultimate Choice lot. Our tests even found that you'd still enjoy these benefits when booking through Capital One Travel to earn 10 miles per dollar spent.

Unfortunately, this will no longer be available in 2025.

This benefit cut is consistent with a pattern we've seen from Capital One recently. The issuer removed Priority Pass restaurant access in late 2022 and announced last month that holders of the Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business will lose their two annual airport lounge passes beginning Jan. 1, 2025.

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While seeing a card lose a benefit without a replacement is always disappointing, this removal will not likely be a deal breaker for most cardholders. The lounge access, annual $300 travel credit, and a solid earning rate of two Capital One miles per dollar spent provide enough value for most cardholders to easily justify the $395 annual fee. The issuer even opened two new lounges in 2023 — at Washington D.C.'s Dulles International Airport (IAD) and Denver International Airport (DEN).

However, if car rental status is an important perk to you, consider switching to The Platinum Card® from American Express when this Venture X benefit goes away. With the Amex Platinum, you'll get rental car benefits from complimentary Hertz President's Circle status plus status with Avis and National. Many other cards offer rental car status, and some of them also include primary car rental coverage.

Alternatively, you can snag automatic Hertz elite status as a Delta Medallion member. In fact, both Platinum and Diamond Medallions are eligible for complimentary President's Circle status.

*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.

Featured image by OSCAR WONG/GETTY IMAGES
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airline or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

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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. (Partner offer)

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  • 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.