Capital One Venture X Business Card review 2024: Travel perks galore

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Capital One’s premium charge card for small-business owners offers high-end travel perks and ample rewards at a price less than its competitors. Read more in our Capital One Venture X Business card review.

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Capital One Venture X Business Card * The information for the Capital One Venture X Business Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. basics

• Annual fee: $395.
• Welcome bonus: Earn 150,000 miles after spending $30,000 in the first three months of account opening.
• Rewards: 10 miles per $1 on hotels and rental cars booked via Capital One Travel, 5 miles per $1 on flights booked via Capital One Travel and purchases through Capital One Entertainment, 2 miles per $1 on other eligible purchases. 
• APR: This card does not have an APR but a late fee of 2.99% applies if the card is not paid in full each month.
• Other perks and benefits: $300 annual travel credit for bookings made through Capital One Travel, 10,000 anniversary miles, lounge access, TSA PreCheck or Global Entry application fee reimbursement (up to $100 statement credit) and free employee cards.
• Does the issuer offer a preapproval tool? No.
• Recommended credit score: Excellent.

About the Capital One Venture X Business

The Capital One Venture X Business Card * The information for the Capital One Venture X Business Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. offers premium credit card benefits and earnings power for small-business owners. Small businesses can earn elevated earnings on certain travel purchases, get a variety of travel benefits and earn rewards on employee purchases. 

As a charge card, it has no preset spending limit. This card does not have an APR but a late fee of 2.99% applies if the card is not paid in full each month.

It also has a $395 annual fee, although it can be mostly offset by using the $300 annual travel credit on bookings via Capital One Travel and anniversary bonus miles. Plus, cardholders get valuable complementary features, including a Priority Pass Select membership (enrollment required), which grants access to lounges, along with two of the cardholders’ guests.

Venture X Business was formerly Spark Travel Elite

Until February 2022, the Venture X Business Card went by the name of Spark Travel Elite. Despite the name change, the Venture X Business Card offers the same high-level perks and rewards. However, unlike the Spark Travel Elite, the card is available to the general public.

Pros

• Annual rewards: Cardholders get a $300 annual travel credit on bookings via Capital One Travel and 10,000 annual bonus miles.
• Generous points multiplier: Earns 10 miles per $1 on hotels and rental cars booked via Capital One Travel, 5 miles per $1 on flights booked via Capital One Travel and purchases through Capital One Entertainment, 2 miles per $1 on other eligible purchases.
• VIP travel: Card benefits include Iounge access and an application fee reimbursement for TSA PreCheck or Global Entry.
• No set credit limit: Cardholders won’t have a set limit on spending.
• No APR: You can avoid interest charges by paying off the full balance each month. 
• No foreign transaction fees: Capital One won’t charge a fee when you make purchases outside the U.S.

Cons

• Annual fee: Cardholders pay a hefty $395 annual fee.
• High spending requirement for the welcome bonus: Only the biggest spenders will be able to score the card’s welcome bonus.
• It’s a pay-in-full card: There’s no option to carry a balance on this card.

Rewards

Small business owners can earn sizable rewards with the Capital One Venture X Business Card. When you book reservations through Capital One Travel, you’ll earn 10 miles per $1 on hotels and rental cars booked via Capital One Travel, 5 miles per $1 on flights booked via Capital One Travel and purchases through Capital One Entertainment, 2 miles per $1 on other eligible purchases. While its category bonuses are limited, the base rate is twice what many rewards credit cards offer on everyday purchases.

Welcome bonus

New cardholders can earn 150,000 miles after spending $30,000 in the first three months of account opening.

Redeeming miles

Miles earned from this card are flexible and cardholders can redeem them in numerous ways. The best options include booking travel through Capital One, applying towards previous travel purchases or by transferring miles to airline and hotel partners (the latter option typically offers the greatest value). Capital One allows cardholders to redeem miles to cover eligible travel purchases up to 90 days after the transaction date. This can be helpful when you don’t have all of the miles necessary when you book, but will soon after the trip has been booked.

Additionally, cardholders can buy gift cards, get cash back, redeem for experiences or shop with PayPal or Amazon. If you have multiple cards that earn Venture Miles, you can also combine those earnings into one account.

Annual bonuses

Beyond rewards for purchases, the Capital One Venture X Business Card includes attractive annual benefits. Every year you renew the card, you’ll receive 10,000 bonus miles (equal to $100 towards travel) and a $300 annual travel credit for bookings through Capital One Travel.

Travel perks

This card includes a Priority Pass Select membership, which means complimentary lounge entry for the cardholder and up to two guests at more than 1,200 lounges in 148 countries. Note that you must enroll to activate your Priority Pass membership. 

Additionally, it includes unlimited visits to the Capital One Lounge for the cardholder and two guests. Authorized users also have access to the Capital One Lounge at no charge. 

Cardholders also receive up to $100 in statement credits to reimburse their application fees for TSA PreCheck or Global Entry once every four years. For businesses that purchase overseas or travel internationally, there are no foreign transaction fees.

As a World Elite Mastercard, the Capital One Venture X Business includes numerous travel protections, including lost luggage reimbursement, travel protection and rental car insurance.

Employee cards

Small business owners can add employee cards to their accounts for free. Spend limits can be set for each employee card and you’ll have access to their transactions as soon as they post. 

Spending reports

To make data entry and analysis simpler, you can download transactions into multiple formats, including Quicken, QuickBooks or Excel. Plus, Capital One provides a year-end summary of purchases so you can analyze your spending.

Capital One Venture X Business rewards potential

Using government data and other publicly available information, we estimate that a household in the U.S. that would be in the market for this card has an annual income of $84,352, and $25,087 in expenses they may be able to charge to a credit card. For the purposes of this review, we will assume an independent proprietorship will spend roughly the same amount.

Here’s what that business owner could earn by using the Capital One Venture X Business Card:

In the above example our sample cardholder can earn 71,190 miles, redeemable for $711.90 worth of travel. Plus you’ll get an anniversary bonus of 10,000 miles every year and a $300 annual travel credit for bookings made through Capital One.

APR

This card does not have an APR but a late fee of 2.99% applies if the card is not paid in full each month. Until Capital One receives your payment in full, your account will be considered past due.

How the Capital One Venture X Business Card compares to other business travel rewards cards

While the Capital One Venture X Business Card offers attractive travel features and earning power, it may not be the right rewards card for every business owner. Before applying, consider your options to find the best credit card for your small business.

Capital One Venture X Business vs. Capital One Venture X Rewards Credit Card * The information for the Capital One Venture X Rewards Credit Card has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

The Capital One Venture X Card is a premium travel credit card for consumers, and it’s packed with features and benefits. Travelers can apply for this card today and receive a welcome bonus of 75,000 miles after spending $4,000 on purchases in the first three months of account opening. Unlike the Venture X Business Card, you don’t need to work with a business banker to apply for the Capital One Venture X personal card.

The card bears a lot of similarities to the Venture X Business Card. It earns 2 miles per $1 on purchases, 5 miles per $1 on flights booked through Capital One Travel and on purchases through Capital One Entertainment and 10 miles per $1 on hotels and rental cars booked via Capital One Travel. 

It also has a $395 annual fee, which you can recover by using the $300 annual travel credit for bookings via Capital One Travel and 10,000 anniversary bonus miles. All cardholders receive complimentary access to Capital One Lounges and its partner lounge network. The Venture X Business Card is a charge card that must be paid in full each month to avoid the late fee. If you need to carry a balance from month to month, the Venture X personal card has a 19.99% to 29.99% variable APR on purchases and balance transfers.

Capital One Venture X Business  vs. The Business Platinum Card® from American Express * The information for the The Business Platinum Card® from American Express has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer.

The American Express Business Platinum Card (terms apply) is an ideal rewards card for businesses that purchase flights regularly. It earns 5 Membership Rewards® points per $1 on flights and prepaid hotels through American Express Travel, 1.5 points per $1 at U.S. construction material & hardware suppliers, electronic goods retailers and software and cloud system providers, shipping providers, and purchases of $5,000 or more on up to $2 million per calendar year and 1 point per $1 on other eligible purchases. Booking with Capital One Travel offers a similar rate of 10 miles per $1 on hotels and rental cars booked via Capital One Travel, 5 miles per $1 on flights booked via Capital One Travel and purchases through Capital One Entertainment, 2 miles per $1 on other eligible purchases, so the Venture X Business card is likely to earn higher rewards on travel than the Amex Business Platinum Card. 

New cardholders can earn a welcome offer of 150,000 Membership Rewards® points after spending $20,000 on eligible purchases in the first three months of card membership, and while the card charges an annual fee of $695, it includes over $1,000 in annual statement credits. 

Like the Venture X Business Card, Membership Rewards points can be used to book travel, transfer to travel partners or redeem for statement credits, gift cards or online shopping. Both cards require payment in full at the end of each billing cycle, but The Business Platinum Card® from American Express * The information for the The Business Platinum Card® from American Express has been collected independently by Blueprint. The card details on this page have not been reviewed or provided by the card issuer. offers a Pay Over Time feature (with interest) on eligible purchases that is not available with the Venture X Business Card. The Amex feature allows eligible charges made on the card to be paid over time (with interest on charges meeting the minimum transaction amount and up to your Pay Over Time limit). 

Capital One Venture X Business vs. Chase Ink Business Unlimited® Credit Card

For small business owners who want to earn rewards but don’t want to pay an annual fee, the Chase Ink Business Unlimited is an excellent choice. It earns an unlimited 1.5% cash back on purchases and includes a 0% intro APR for 12 months on purchases, then a 18.49% to 24.49% variable APR applies to purchases and balance transfers. A balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater, applies. While purchase rewards are lower with the Ink Business Unlimited, there isn’t a large annual fee to contend with. Additionally, the Venture X Business Card doesn’t offer an intro APR. 

Both cards allow business owners to add employee cards at no additional cost and set individual spending limits for each one. New cardholders can earn $750 cash back after spending $6,000 on purchases in the first three months of account opening with the Ink Business Unlimited. Rewards can be used for cash back, gift cards, travel and more through Chase Ultimate Rewards®.

Should you get the Capital One Venture X Business Card?

The Capital One Venture X Business Card gives flexible rewards to small-business owners. It has a hefty $395 annual fee that may scare off some business owners. However, this annual fee is easily offset by the annual travel credit bonus miles, and other travel perks. It is an excellent choice for business owners who have personal cards that also earn Capital One miles. While the welcome bonus is attractive, consider if your business will have enough credit card activity to earn the bonus in the time allowed.

For business owners who want a card that’s easier on the budget, the Chase Ink Business Unlimited is a better option. It has no annual fee, provides a generous welcome bonus and earns 1.5% cash back on purchases.

You can also see our list of the best business cards to review the top options.

Frequently asked questions (FAQs)

When did the Spark Travel Elite become Venture X Business?

The Spark Travel Elite launched in July 2022 and it rebranded as the Capital One Venture X Business card in February 2023.

What credit score do I need for the Capital One Venture X Business Card?

Applicants should have excellent credit if they want to be approved for the Venture X Business Card. Generally, a FICO Score of at least 740 is considered excellent. However, employees who are added as authorized users on the account are not subject to this credit requirement.

What is the minimum credit limit for the Venture X Business?

The Venture X Business Card is a charge card, so it doesn’t have a predefined credit limit. However, that doesn’t mean that cardholders have unlimited spending ability. The card’s spending power will adjust based on your purchase activity, payment history, credit profile and other factors.

^{For 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 Guide to Benefits for details, as terms and exclusions apply.}