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Capital One Venture X Business: A Premium Business Travel Card Worth the Annual Fee

Earn 2x miles with no cap or restrictions and up to 10x miles on travel booked through Capital One Travel.
By Kelsey Sheehy
Last updated on October 27, 2023
Edited byRyan Lane
Fact checked and reviewed

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Our Take

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.
Full review

Capital One Venture X Business

Annual fee
$395
Regular APR
N/A
Intro APR
N/A
Apply now

on Capital One's website

Pros & Cons

Pros

  • Lounge membership
  • High rewards rate
  • Welcome offer

Cons

  • High annual fee
  • Requires excellent credit
  • Balance must be paid in full every month

Compare to Other Cards

at Capital One

at Chase

at American Express

Annual fee

$395

Annual fee

$95

Annual fee

$375

Regular APR

N/A

Rates & Fees

Regular APR

21.24%-26.24% Variable APR

Regular APR

19.49%-27.49% Variable APR

Rates & Fees

Intro APR

N/A

Intro APR

N/A

Intro APR

N/A

Recommended credit score

720-850excellent

Recommended credit score

690-850good - excellent

Recommended credit score

690-850good - excellent

Full Review

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 whopper of a 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:
For a limited time through March 11th, 2024, earn up to 300,000 bonus miles: 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months.
Rewards: Earn
2
x miles on all purchases (no limits), plus 10x miles on hotels and rental cars, and 5x miles on flights booked through Capital One Travel.
APR: N/A.
Foreign transaction fee: None.
Other benefits:
  • $100 statement credit on TSA PreCheck® or Global Entry.
  • $300 annual travel credit for bookings through Capital One Travel.
  • Complimentary access to more than 1,300 airport lounges, including Capital One, Priority Pass and Plaza Premium Group 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:
For a limited time through March 11th, 2024, earn up to 300,000 bonus miles: 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months.
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 Travel, 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 Travel. 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 complimentary Priority Pass membership, which includes unlimited visits to more than 1,300 lounges around the world for you and up to two guests.
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) for themselves and two guests.

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 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®.
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
2
x miles 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 $
695
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.)
$695
.
Welcome offer
For a limited time through March 11th, 2024, earn up to 300,000 bonus miles: 150,000 miles once you spend $20,000 in the first 3 months, and an additional 150,000 miles once you spend $100,000 in the first 6 months.
Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of Card Membership. Terms Apply.
Rewards rate
  • 2x miles on all purchases, no restrictions.
  • 10x miles on hotels and rental cars booked through Capital One Travel.
  • 5x miles on flights booked through Capital One Travel.
  • 1x points on eligible purchases.
  • 1.5x 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 Travel.
  • 10,000 bonus miles each account anniversary.
  • $200 annual credit for incidental fees on a qualifying airline.
  • $400 annual credit for U.S. purchases with Dell Technologies.
  • $150 annual credit for select Adobe business subscriptions.
  • $360 annual credit for purchases with Indeed.
  • $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 $100 statement credit toward application fee.
  • TSA Precheck or Global Entry: Up to $100 statement credit toward application fee every four to 4.5 years, depending on the program.
  • Clear: Up to $189 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.

Apply now

on Capital One's website

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