After the profitable launch of the private Capital One Venture X Rewards Credit Card in late 2021, Capital One is now providing its enterprise counterpart to the general public.
The Capital One Venture X Business card (see rates and fees) is each new and previous because it’s truly a rebrand of the Spark Travel Elite card. Till not too long ago, the Enterprise X Enterprise card was solely obtainable by means of a Capital One Relationship Supervisor.
Now, nonetheless, the Venture X Business card is publicly obtainable to small-business candidates on-line. And with the rebrand rollout comes the chance to earn an enormous 150,000-mile bonus — for a equally hefty spending requirement.
Here is what it’s worthwhile to know concerning the new-ish Venture X Business card and its present welcome supply.
Apply right here: Capital One Venture X Business card
Capital One Enterprise X Enterprise welcome supply
New applicants can earn 150,000 Enterprise Miles after spending $30,000 within the first three months from account opening.
TPG values Capital One miles at 1.85 cents every, because of the precious choice to switch them to Capital One’s 18 hotel and airline partners. If you happen to can meet the spending requirement and earn the bonus, it is value $2,775. That is virtually extraordinary for a travel rewards credit card.
You even have the choice to redeem your miles for a statement credit to cowl journey bills at a price of 1 cent per mile. Even in the event you go this lower-value route, the total bonus is value a powerful $1,500.
It carries a $395 annual charge (see rates and fees), which is greater than offset by an announcement credit score and anniversary bonus miles defined under.
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Associated: Best ways to maximize Capital One miles
Capital One Enterprise X Enterprise key advantages
The business version of the Venture X has the identical main advantages and cheap annual charge that so many love concerning the personal version, together with:
- Incomes: Earn 10 miles per greenback on resorts and rental automobiles bought by means of Capital One Travel, 5 miles per greenback on flights bought by means of Capital One Journey and a pair of miles per greenback on all different purchases.
- Assertion credit score: Get a $300 annual credit for journey booked by means of Capital One Journey.
- Anniversary bonus: Earn 10,000 miles every year at your cardmember anniversary, value $185 in response to TPG valuations.
- Lounge entry: Cardholders and as much as two visitors get limitless entry to Capital One Lounges — presently open at Dallas Fort Price Worldwide Airport DFW) and Dulles Worldwide Airport (IAD) — in addition to Priority Pass and Plaza Premium lounges.
- Entry to luxurious resorts: Cardholders get entry to Capital One’s Premier Collection and Lifestyle Collection packages.
- International Entry/TSA PreCheck credit score: Rise up to $100 in assertion credit score for Global Entry or TSA PreCheck as soon as each 4 years.
- Annual charge: The $395 annual charge is definitely offset by the worth of the annual assertion credit score and anniversary bonus, even earlier than factoring within the worth of lounge entry and the cardboard’s incomes potential.
- No international transaction charge (see rates and fees)
Associated: Is the Venture X worth the annual fee?
Backside line
If you happen to’re a small-business proprietor whose enterprise spends sufficient to earn the welcome bonus, the Capital One Venture X Business provides you the potential to earn large rewards. But when your small enterprise has fewer bills, you will probably wish to go together with the private model of the Venture X or one other of our favorite business credit cards.
Apply right here: Capital One Venture X Business