Capital One Venture X Guide $300 Travel Credits — The Points Guy

Editor’s Note: This is a recurring post, regularly updated with new information and offers.

With that said, don’t judge a book by its cover – and the same phrase can be applied to a credit card’s annual fee.

take Capital One Venture Rewards Credit Card X, For example. While this premium rewards card represents an annual fee of $395, a number of perks with ongoing value that help offset the full cost of that number.

Those perks are beyond a nice one signup bonus: 75,000 bonus miles when you spend $4,000 on purchases in the first three months of account opening.

One of the key ongoing benefits that Venture X cardholders receive each year is an annual statement credit of up to $300 applied to bookings made on Capital tourism.

Today, let’s take a closer look at adventure X annual travel statement credit, how you can get the most out of it — and why you might want to sign up now while you’re doing it Summer travel plans.

But there is a caveat: The credit only applies to bookings made via Capital One travel portal.

Capital One Travel Portal is an online travel agency (OTA). It can be best compared with what is offered by other issuers, such as Amex Tourism and Chase the ultimate reward portal. What sets Capital One portal apart is that it has cooperation with HopperTravel booking startups with excellent predictive pricing technology can help cardholders ensure they get the best rates.

Cardholders can log into the Capital One Travel portal to book things like airline tickets, hotels, and car rentals. A $300 statement credit will then be applied to those purchases.

Even better, the credit can be used on one or more transactions until the $300 limit is reached and no registration is required. Credits will automatically apply to transactions until you reach the $300 mark.

Related: Full review of Capital One Venture X

For example, when booking some hotels or renting a car through any third party service – including Capital One Travel and the travel portals of other credit card issuers – you will often forfeit elite status benefits and the ability to earn sufficient credits and points elite conditions in these loyalty programs.

However, for independent flights and hotels (including Disney resort, for those who love to visit Disney parks), booking through the Capital One Travel portal still makes a lot of sense as you won’t earn hotel points anyway. Flights booked this way often still earn elite qualifying points and miles, just like direct bookings.

Finally, Capital One Travel has some unique features thanks to its partnership with Hopper.

This includes a built-in price prediction and matching engine along with a best price guarantee. Capital One also offers the option to buy flight cancellation for any reason (CFAR) insuranceand price freeze protection, allowing people to lock in the prices they find on the paid portal until they are ready or able to book.

I have used discount protection for a partial refund on a flight I booked through Capital One Travel.

The Venture X has a simple earning structure, accruing 2 miles per dollar on most fees. However, it has a higher monetization rate for bookings made via Capital tourism:

• 10 miles per dollar for hotels and car rentals booked through Capital One Travel.
• 5 miles per dollar on flights booked through Capital One Travel.

So, by using Venture X to purchase Capital One Travel, you can ensure that you get the most out of your $300 annual travel credit and then earn bonus miles on your other reservations above and beyond that threshold.

Also, see how you can stacking car rental privileges use Hertz and Venture X, save a lot of time, money and hassle of leaving the airport and starting your vacation.

Once registered, accessible through Capital One’s website or mobile app, eligible cardholders will maintain their upgraded status until December 31, 2024. Please note that registration Signing up through the normal Hertz Gold Plus Rewards application process (e.g. at Hertz.com) will not automatically detect cardholder eligibility for the program and cardholders will not be automatically upgraded to tier. applicable status. Additional terms apply.

Venture X’s two main competitors in the premium card space are Platinum Card® from American Express And Chase Sapphire Reserve.

Both Chase and Amex products have higher annual fees but also extend a range of additional perks that may be useful to some consumers. Each offers valuable travel-specific benefits over Venture X.

Chase Sapphire Reserve

The Chase Sapphire Reserve charges an annual fee of $550 and one of its standout perks is Flexible $300 annual travel credit. Unlike Capital One’s requirement to use a proprietary booking portal, Chase allows Sapphire Reserve cardholders to earn back their $300 on a single booking. variety of travel dealswhether they book in person or through Chase’s portal.

Platinum Amex

Amex Platinum charges an annual fee of $695 (see rates and fees), with an array integrated statement credit help offset the annual cost of the card.

The two perks that are most similar to Capital One are up to $200 airline incidental expense statement credit per calendar year and up to another $200 in prepaid statement credit Hotel + Resort Amex Fine or Hotel Collection bookings (two nights or more) made through Amex Travel when you pay with your Amex Platinum. Enrollment is required for selection benefits.

In the case of Venture X, a $300 annual credit applied to Capital One Travel bookings will significantly offset the card’s $395 annual fee, and that could be a great way to go. to save money when traveling this summer. If you plan to apply for Capital One Ventures – or already have a card – you will want to familiarize yourself with the travel portal to make sure you get the most out of it – and effectively reduce the annual fee of the card.

Official app link: Capital One Venture X with 75,000 bonus miles when you spend $4,000 on a purchase in the first three months of account opening.

For Amex Platinum Card rates and fees, click This.

For the Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Benefits Guide for details, where the terms and exclusions apply.

Additional reporting by Emily Thompson and Ryan Wilcox.