Name: Capital One Venture X Business: A Premium Business Travel Card Worth the Annual Fee - NerdWallet
Item: Capital One Venture X Business

Overview

The bottom line:

An annual travel credit, stellar welcome offer and souped-up travel perks make the Capital One Venture X Business card a worthy add to your business’s wallet, even with the high annual fee.

Credit card details

Annual fee

$395

Regular APR

N/A

Intro APR

N/A

Rewards rate

2x-10x

Miles

Foreign transaction fee

Intro offer

150,000

Miles

Pros & Cons

Pros

High rewards rate

New cardholder bonus offer

Priority Pass lounge membership

Annual travel credit, bonus points

Statement credit for Global Entry, TSA PreCheck®

Cons

High annual fee

Requires excellent credit

Balance must be paid in full every month

More details from Capital One

Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening
Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One's travel booking site
With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One's travel booking site
Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
This is a pay-in-full card, so your balance is due in full every month

Show Less

The Capital One Venture X Business card serves up perks like lounge access, an annual travel credit and bonus miles. Yes, the annual fee is high ($395). But if you’re eyeing a premium travel card like The Business Platinum Card® from American Express, the Capital One Venture X Business card is a competitive alternative.

The Capital One Venture X Business card also delivers a generous welcome offer (though you have to spend a pretty penny to get it) and earns 2 miles per $1 on all purchases, with no caps or restrictions. That’s double the rewards offered by most

business travel cards

. And the Capital One Venture X Business card offers extra miles on travel booked through Capital One’s travel portal.

While that all may sound too good to pass up, business owners should consider a few things before getting the Capital One Venture X Business card.

First, you’ll need excellent credit (we recommend a FICO score of at least 720) to qualify. Second, the Capital One Venture X Business card is a charge card. That’s a plus if you have high operating costs or big expenses on the horizon since the card has no preset spending limit. But you’ll need the cash flow to pay any balance in full each month.

You’ll also want to make sure you’ll use the card’s annual travel credit, anniversary bonus and airport lounge access to offset its annual fee. If not, a scaled-down travel card like the Chase Ink Business Preferred card or the Capital One Spark Miles for Business card could be a better fit.

Key features

Card type:

Small business

Annual fee: $395.

Recommended credit score: FICO score of 720 or higher.

Sign-up bonus: Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening.

Rewards: Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One's travel booking site, where you'll get the best prices on thousands of options. Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions.

APR: N/A.

Foreign transaction fee: None.

Other benefits:

$120 statement credit on TSA PreCheck® or Global Entry.
$300 annual travel credit for bookings through Capital One's travel portal.
Access to more than 1,300 airport lounges, including Capital One and Priority Pass lounges.

Why you might want the Capital One Venture X Business card

Huge welcome offer

The Capital One Venture X Business card offers one of the largest sign-up offers available with a business travel card: Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening. The spending requirement is admittedly high, though, and may put the bonus offer out of reach for many small-business owners.

High rewards rate, flexible redemption

Very few business cards earn 2 miles per $1 on all purchases. Even fewer offer as many ways to redeem your rewards. Capital One Venture X Business cardholders can use miles to book travel through Capital One's travel booking site, transfer them to one of more than 15 loyalty programs or redeem them toward past travel purchases made on your card (within 90 days of purchase). Miles can also be cashed in for a check, account credit or gift card, but you lose a lot of the value.

Annual travel credit

One of the most appealing perks of the Capital One Venture X Business card is the $300 annual travel credit, which nearly cancels out the card’s annual fee. The credit mirrors that of the issuer's consumer Capital One Venture X Rewards Credit Card and applies only to purchases made using Capital One's travel booking site. You also get 10,000 bonus miles (worth $100) on every account anniversary.

Airport lounge access

The Capital One Venture X Business card is one of just a handful of

business cards that offers airport lounge access

. Cardholders get a Priority Pass membership, which includes unlimited visits to more than 1,300 lounges around the world. Capital One Venture X Business card customers also get unlimited access to Capital One lounges (though there are currently only two — at Dallas-Fort Worth International Airport and Dulles International Airport).

Why you might want a different card

It’s a charge card

The Capital One Venture X Business card is a charge card, which means you need to pay the balance in full each month. And, unlike some other

business charge cards

, there is no option to finance certain purchases.

If your business has irregular cash flow or needs more payment flexibility, consider the

Chase Ink Business Preferred

card. You’ll still get a killer welcome offer, but with a much lower spending requirement: Earn 90,000 bonus points after you spend $8,000 on purchases in the first 3 months from account opening.

You’ll also earn 3 points per dollar on the first $150,000 spent on travel and other select business expenses, as well as have the option to carry a balance if needed.

High annual fee

Premium travel perks typically come with a high price tag, and the Capital One Venture X Business card is no exception, with a $395 annual fee. (See

rates and fees

.) While the card’s cost is easily offset by the annual travel credit and airport lounge access, it’s not worth the price tag if you won’t fully use those benefits. Instead, consider the

Capital One Spark Miles for Business

card, which earns the same 2x miles per dollar on all purchases but has an annual fee of just $95 — and it’s waived for the first year. (See

rates and fees

You want even more perks

The Capital One Venture X Business card delivers a lot for business travelers, even occasional ones. But some serious business travelers want even more — more status, more credits, more lounges.

The Business Platinum Card® from American Express

is the way to go if you want to squeeze every perk and credit out of your business card.

While the Business Platinum card has a lower base rewards rate — you earn 1 point per dollar instead of two — it delivers in the extras, with annual statement credits for cell phone service, airline incidentals, Clear Plus membership, and purchases with Dell, Adobe and Indeed. Plus, cardholders get automatic elite status with Hilton, Marriott and a number of rental car providers. Terms apply.

All of that comes at a price, though, as the AmEx Business Platinum card has a $895 annual fee ( see

rates and fees

Capital One Venture X Business card vs. The Business Platinum Card® from American Express

	Capital One Venture X Business card	The Business Platinum Card® from American Express
Annual fee	$395. (See rates and fees .)	$895.
Welcome offer	Earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening.	Elevated Welcome Offer: Earn 200,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Business Platinum Card® within the first 3 months of Card Membership. Terms apply.
Rewards rate	2x miles per $1 on all purchases, no restrictions. 10x miles per $1 on hotels and rental cars booked through Capital One's travel booking site. 5x miles per $1 on flights booked through Capital One's travel booking site.	1x points on eligible purchases. 2x points on eligible purchases at U.S. construction material and hardware suppliers, electronic goods retailers and software and cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year. 5x point on flights and prepaid hotels on AmexTravel.com.
Annual credits	$300 annual credit for bookings through Capital One's travel booking site. 10,000 bonus miles each account anniversary.	Up to $200 annual credit for incidental fees on a qualifying airline. Up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same card per calendar year. A $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year. Up to $90 per quarter (up to $360 annually) for purchases with Indeed. Up to $120 annual credit for cell phone service (U.S. providers only).
Lounge access	Priority Pass Select. Capital One Lounges.	American Express Centurion and Escape Lounges. International American Express Lounges. Delta Sky Club and Lufthansa Lounges (when flying with that airline).
Trusted traveler programs	TSA Precheck or Global Entry: Up to $120 statement credit toward application fee.	TSA Precheck or Global Entry: Up to $120 statement credit toward application fee every four to 4.5 years, depending on the program. Clear: Up to $209 statement credit per year toward Clear Plus membership fee.
Foreign transaction fee	None.	None.

Should you get the Capital One Venture X Business credit card?

The Capital One Venture X Business card is well worth the annual fee if you do even occasional business travel, but you should look elsewhere if your cash flow can’t reliably support paying your balance in full each month.

To view rates and fees of The Business Platinum Card® from American Express, see

this page

To view rates and fees of the American Express® Business Gold Card, see

this page