How to Save Money on Travel with This Credit Card!

How to Save Money on Travel with This Credit Card!

I’m the kind of person who is absolutely obsessed with credit cards that offer great travel perks. Over the years, I've managed to collect a small assortment of these cards because they help me save quite a bit on flights, hotel stays, and a host of other benefits. Besides using them for personal expenses, I also have a few for my business needs. Among them, the Capital One Venture X Business Credit Card stands out as one of my most powerful tools.

What’s Great About the Capital One Venture X Card?

The Capital One Venture X Business Card is a travel rewards card from Capital One, with an annual fee of just $395 — cheaper than many other premium business cards. What I love about this card is that it offers benefits that far exceed the annual fee. Here are some highlights:

• Earn 150,000 miles after spending $30,000 in the first 3 months
• 2 miles for every $1 spent, with no category restrictions
• 5x miles on flights booked through Capital One Travel
• 10x miles on hotels and rental cars booked through Capital One Travel
• $300 annual travel credit through Capital One Business Travel
• 10,000 bonus miles on your card anniversary
• Access to over 1,300 airport lounges worldwide
• Up to $120 credit for TSA Precheck or Global Entry
• No foreign transaction fees

How to Use Your Earned Miles

There are many ways to redeem your Capital One miles, with one popular option being booking tickets through their travel portal. I usually prefer not to book through this portal, but if you want to maximize your travel credits and mile benefits, it’s essential. Additionally, you can use your miles to reimburse travel expenses within 90 days or even redeem for tickets to concerts and sporting events.

Especially, the best way to maximize the value of your miles is to transfer them to Capital One's airline and hotel partners. You can find options worth more than a cent per mile when you go this route.

Strengths of the Venture X Card

As someone who travels frequently for work, I’m always on the lookout for ways to earn miles quickly and enhance my airport experience. The 2x miles on all spending is a fantastic option. While some cards offer 3x or 4x for specific categories, 2x is solid for everyday expenses like dining and travel.

With this card, you receive a $300 annual travel credit, as long as you book through the Capital One portal. Although there are some limitations, the user-friendly interface and competitive pricing make it worthwhile.

You also gain access to Capital One lounges and Priority Pass. The Capital One lounge is spacious, modern, and serves delicious food, although the number of locations is somewhat limited.

Each year, you’ll also earn 10,000 miles — valued at about $100 when used for travel. This helps offset the annual fee further.

Should You Get This Card?

The Capital One Venture X Business Card is perfect for small to medium business owners who travel frequently, especially those who can spend at least $30,000 to earn the initial bonus. I find this to be one of the most valuable business cards available today. While it may not have as many perks as American Express or Chase Sapphire, it’s much easier to use and significantly cheaper. In fact, it’s one of the cards I use most for my business. Definitely worth a try!