Capital One Venture X Business - Earn 200K miles when you spend $30K in the first 3 months, and an additional 200K miles when you spend $150K in the first 6 months

Overview

Capital One Venture X Business is a premium business rewards card with an annual fee of $395. It offers unlimited 2X miles on every purchase, everywhere—with no category restrictions, plus 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Travel. With no preset spending limit, it provides buying power that can adapt as your business grows. The card supports free employee and virtual cards, automatic synchronization of transaction data with your accounting software, and easy vendor payments. Miles can be redeemed for flights, hotels, and more, and you can transfer miles to 15+ travel loyalty programs. Each account anniversary yields 10,000 bonus miles, and there is an annual $300 credit for bookings made through Capital One Travel. Cardholders also receive up to a $120 credit for Global Entry or TSA PreCheck, access to 1,300+ airport lounges worldwide after enrollment (including Capital One Lounge locations and Priority Pass lounges), and a $100 experience credit with every hotel or vacation rental booked from the Premier Collection. This is a pay-in-full card, so your balance is due in full each month.

Pros

The card offers a generous welcome bonus: up to 400,000 miles total, with 200,000 miles earned after spending $30,000 in the first 3 months and an additional 200,000 miles after spending $150,000 in the first 6 months.

You can earn 2 miles per dollar on every purchase, plus 10 miles per dollar on hotels and rental cars and 5 miles per dollar on flights and vacation rentals booked through Capital One Travel, enabling strong earnings on travel-related spend.

There’s no preset spending limit, providing flexible purchasing power that can adapt to your business needs and rewards earned.

Business-friendly features include free employee and virtual cards, the ability to sync transaction data with your accounting software, and streamlined vendor payments—helping manage and track business expenses.

Miles can be redeemed for flights, hotels, and more, with the option to transfer miles to 15+ travel loyalty programs, increasing value through partner programs.

Annual benefits include 10,000 miles on your account anniversary and a $300 annual travel credit for bookings made through Capital One Travel, boosting ongoing value each year.

Additional travel perks include up to a $120 credit for Global Entry or TSA PreCheck, plus access to 1,300+ airport lounges worldwide after enrollment (Capital One Lounge and Priority Pass lounges).

The Premier Collection offers a $100 experience credit and other premium benefits for hotels and vacation rentals booked through that collection.

Being a pay-in-full card, balances are due in full each month, which can help with budgeting and avoiding interest charges when you pay on time.

Cons

To maximize the full welcome bonus, you must meet substantial spend thresholds: 200,000 miles after spending $30,000 in 3 months, and an additional 200,000 miles after spending $150,000 in 6 months, which may be challenging for some businesses.

Some of the highest earning rates (10X on hotels and rental cars, 5X on flights and vacation rentals) apply only to bookings made through Capital One Travel, which may require using that platform to optimize rewards.

The $300 annual travel credit is tied to bookings made through Capital One Travel, so using other travel booking channels may not yield that credit.

A number of premium benefits (such as lounge access, Global Entry/TSA PreCheck credit, and Premier Collection credits) require enrollment or eligibility steps, which adds setup considerations for new cardholders.

As with any premium travel card, the annual fee of $395 may be a consideration for businesses with lower travel spend or those who don’t regularly claim the associated travel perks.

Why we like this card

• Strong earning structure across travel categories: 2X on all purchases, plus 10X on hotels and rental cars and 5X on flights and vacation rentals booked through Capital One Travel.
• Very generous welcome offer with a two-step milestone: 200K miles after $30K in 3 months and another 200K miles after $150K in 6 months, totaling up to 400K miles.
• Robust travel perks that can add up quickly: Global Entry/TSA PreCheck credit, lounge access for 1,300+ lounges, and a $300 annual Capital One Travel credit.
• Useful business-friendly features: free employee and virtual cards, automated accounting data sync, and easier vendor payments.
• Miles can be transferred to 15+ travel loyalty programs, increasing flexibility and potential value for a wide range of trips.
• Annual milestone reward of 10,000 miles and a $100 Premier Collection experience credit on eligible bookings, adding ongoing value beyond the initial welcome offer.
• Pay-in-full structure helps with budgeting and straightforward paying practices rather than revolving debt.