$300 Travel Credit

The card comes with a $300 travel credit that can be applied to hotel, flight, or travel experience bookings through the Capital One Travel Portal. This benefit is the best way to offset the annual fee, effectively bringing it down to $95. As long as you can spend $300 within a year then the annual fee should be worth it already. Even infrequent travelers could spend this on a flight or two to visit family each year while being able to reap the other travel benefits of the card.

Bonus Anniversary Miles

The second way that helps to reduce the annual fee down to zero is the miles bonus given out at each card anniversary month. The bonus is 10,000 Capital One Miles, which are worth at least $100 in value when cashing out or booking travel in the portal. With this, the annual fee drops to -$5, so Capital One is essentially paying you to hold this card as long as you include the $300 travel credit in your regular annual spend.

Airport Lounge Access

One of the most lucrative perks of the premium travel credit cards is the lounge access, which usually offers free food and drink to cardholders and allows them to save on the overpriced airport food.

The first membership program granted is Priority Pass, which boasts the largest collection of airport lounges in the world. While these may not be as luxurious or swanky as the business and first class lounges, it is a great way for common folk to enjoy free food and relax in a much more comfortable environment than the musty seats in front of the flight gate.

Priority Pass is considered to be worth a lot more when used overseas as opposed to the US because of the jump in lounge quality. This is especially true in Asia, where these lounges are not crowded at all and the free food is of decently good quality.

The Chase Sapphire Lounges also allow for one visit per year for any Priority Pass members, and the one in Hong Kong was probably the best lounge experience I have had so far. 

Check out my review of that lounge here! → The Sapphire Lounge at Hong Kong International Airport

Secondly, the Priority Pass membership that comes with the Venture X will grant access to Plaza Premium lounges. These are a bit more upscale than your typical Priority Pass lounge, but they are much smaller in number of overall lounges. These should be your go-to if you manage to find them at your airport. One such lounge that I have been going to many times recently is the Blossom Lounge at Singapore’s Changi Airport in Terminal 4. 

Lastly, we have Capital One’s very own collection of lounges. These are known to be very high-end and are a must-visit for travel enthusiasts transiting through Denver, Washington D.C., or Dallas. The network is still growing, but there will be more Capital One lounges coming so keep an eye out for the next location. It could be your hometown airport for all you know!

What makes this Priority Pass special is that Venture X cardholders may bring in as many guests as they’d like. Other cards will usually only allow up to 2 guests per membership account. This does not apply to Plaza Premium and Capital One lounges, though, which are still limited at 2 guests per member.

TSA PreCheck and Global Entry Reimbursement

The Venture X offers a $100 credit to those applying for a TSA PreCheck or Global Entry membership, which renews every four years. These programs will make your travel run much more smoothly by drastically shortening the wait times at security or immigration when arriving from an international location.

Primary Collision Damage Waiver Rental Car Insurance

One of the strongest travel protections on the Capital One Venture X is a that it offers primary CDW, or collision damage waiver, when you rent a car using this card. CDW covers costs of damages and towing if the vehicle is involved in an accident. In addition, the CDW being primary means it precedes other insurances that you may have, as opposed to secondary which would only provide coverage for any amount not covered by the driver’s own auto insurance. Not only do you not have to file a claim with your insurance, the coverage provided by primary CDW is more likely to cover the entire cost of the car damages.

Hertz President’s Circle

Another good car rental benefit that will soon depart from this card’s arsenal is President’s Circle status with Hertz, the highest status available in their program. This allows you to basically select a more premium vehicle from a special lot allocated only for President’s Circle members when booking for just a low to mid-range vehicle. Additionally, with this status, the rental rates are heavily discounted when booking.

I have also utilized the Hertz President’s Circle status when I rented a car in Los Angeles during one of my visits back. The rates when booking online were heavily discounted after entering my status, so I was able to get a luxury Genesis sedan for the price of a basic Toyota or Mazda sedan. I was not able to skip the line however, as it was my first time using the status and Hertz wanted to confirm my identity. The primary car rental coverage benefit also provided peace of mind.

Premier and Lifestyle Hotel Collection Benefits

Another common benefit among premium travel cards is the hotel collection, which comes with additional issuer-specific perks.  My first redemption with Capital One Miles using the sign-up bonus was a Premier Collection hotel redemption in Bali, which got me a the afore mentioned room upgrade and other benefits as well. Read more about my hotel redemption here!

Price Matching

Capital One will help to price match any flight or hotel listing that you may find to be cheaper than the price found in the Capital One Travel Portal. The steps to do this are:

1. Search for the cheaper flight or hotel listing.
2. Search for the exact same listing on the Capital One Travel Portal.
3. Purchase the flight or hotel in the Capital One Travel Portal.
4. Call Capital One at ______ and request a price match.
5. They will ask you to provide the listing with a cheaper price. Keep in mind these much be in USD currency and viewable from the agent’s computer.
6. If approved, the price difference will be refunded back to you as travel credit for future use.

No foreign transaction fee

There are no foreign transaction fees for the Capital One Venture X, so it is a good card to use internationally to avoid paying extra on your trips.

Free Authorized Users

Capital One does not charge any fee for adding an authorized user to your Venture X account, and you can have up to four authorized users per account. Although authorized users do not get the travel credit, bonus miles, or TSA PreCheck/Global Entry reimbursement, they will still benefit from the travel protections and especially the airport lounge access, complete with unlimited guests for them.

Other essential benefits that you can utilize are the following:

• Trip Cancellation Protection
• Trip Interruption Coverage
• Trip Delay Protection
• Lost Luggage Coverage
• Travel Accident Insurance
• Purchase Protection

When planning your trips, be sure to take advantage of the excellent travel protections offered by the CApital One Venture X. From trip cancellation/interruption insurance to baggage delay coverage, these benefits can save you time, money, and stress in the event of unforeseen circumstances.