Capital One Venture X Business 150K Bonus Miles Offer

Capital One Venture X Business 150K Bonus Miles Offer

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Link: Apply now for the Capital One Venture X Business (Rates & Fees)

The Capital One Venture X Business is Capital One’s lucrative business card. The bonus on this card is big, though the minimum spending requirement is significant as well. Let’s go over all the details, though this is an excellent offer.

Capital One Venture X Business bonus

The Capital One Venture X Business is offering a welcome bonus where you can earn 150,000 bonus miles once you spend $30,000 in the first 3 months from account opening.

This is a huge bonus — personally, I value Capital One miles at 1.7 cents each, so to me, 150,000 miles are worth $2,550. There are lots of great uses for Capital One miles, as they can be transferred to all kinds of useful airline and hotel partners, or they can be redeemed toward a travel purchase.

Book lots of great travel with Capital One miles!

Who is eligible for the Capital One Venture X Business bonus?

All card issuers have some general application restrictions. However, Capital One probably has among the fewest consistent restrictions. Specific to the Capital One Venture X Business, the welcome offer on the card isn’t available to those who already have the card, or those who had the Spark Travel Elite Card (which is what this card was briefly branded as) or who have the Capital One Spark Cash Plus (review) (Rates & Fees).

Beyond that, eligibility should be unrelated to having any other Capital One card. You are eligible for the bonus on this card if you have the personal version of the card, which is the Capital One Venture X Rewards Credit Card (review) (Rates & Fees). Note that while there are similarities between the two cards, there are also some differences.

Read my guide to getting approved for the Venture X Business.

You’re eligible for the business card if you have the personal version

Why the Capital One Venture X Business is worth it

The Capital One Venture X Business has a $395 annual fee (Rates & Fees), so it’s among the higher annual fee business cards out there. However, the card offers a variety of rewards, benefits, and perks, that should offer outsized value:

  • The Venture X Business offers a minimum of 2x miles on all purchases, making it one of the best cards for everyday spending; on top of that, the card has no foreign transaction fees (Rates & Fees) and no preset spending limit
  • The Venture X Business offers a $300 annual Capital One Travel credit, which can be used toward a flight, hotel, or rental car; if you travel with any frequency, this should be worth close to face value
  • The Venture X Business offers 10,000 Venture bonus miles on your account anniversary every year; this is worth a minimum of $100, but potentially way more than that
  • The Venture X Business offers the primary card member a Priority Pass membership, plus access to Capital One Lounges
  • The Venture X Business offers a Global Entry or TSA PreCheck credit once every four years

The way I do the math on the card is that I consider the $300 annual travel credit and 10,000 anniversary bonus miles to (more than) cover the annual fee on an ongoing basis, and then everything else is the real value offered by the card. You’re earning a great return on spending, plus airport lounge access.

Read a full review of the Capital One Venture X Business here.

Access Capital One Lounges with the Venture X Business

Bottom line

The Capital One Venture X Business is offering a great bonus, and you should be eligible for this card as long as you don’t currently have card, haven’t had the Spark Travel Elite, and don’t currently have the Spark Cash Plus.

There’s lots of value to having this card in the long-run, including being able to earn 2x miles with no preset spending limit, plus all kinds of valuable travel perks, including airport lounge access.

Do you plan on picking up the Capital One Venture X Business with this welcome offer?

Conversations (20)
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  1. JRich Guest

    Instantly Approved thanks Ben! I’m at 3/24 with the last Capital One card (Venture) opened in June last year. Pulled all 3 agencies as is normal with C1

  2. Miles Guest

    > or who have the Capital One Spark Cash Plus

    If I cancelled the Cash Plus recently, am I eligible? Will they deny me if not?

  3. klsd Guest

    Does C1 have a certain level of monthly income or spend required for the Venture X Bus? Does one need to be in the 10-20k a month range? What range?

    Perhaps the same question for Spark Cash Plus? They seem fairly similar.
    TIA

  4. Rico Guest

    Any idea if I am eligible for the Spark Cash Plus and the bonus if I currently already have the Venture X Business since last June.

    1. Lee Guest

      Capital One now has a no-risk (soft pull) inquiry process. You'll know if you would be denied for any reason. Give it a try.

    2. klsd Guest

      Does that work for Business accounts or just personal?

  5. WWRJB Guest

    Applied for this offer today and was told that due to new federal regulations they need to verify information and will be back in 7-10 days. Has anyone received this? I need the card to make business purchases fairly quickly, so I would rather know if they are going to deny me ASAP so I can get another CSP...

    @Ben -- any thoughts here? Should I call and ask to help verify the information they need on the business?

    1. Lee Guest

      Call. Same thing is happening at Barclays. In some cases, they want to verify the beneficial owners of a business as well as bona fide operations (via checking account, etc.).

    2. WWRJB Guest

      Thank you. Got this approved after a few phone calls and document uploads.

  6. LTL Guest

    Any idea how long this offer will last? I can make a large estimated tax payment but I expect to file for an extension, so I would like to apply as late as possible - ideally April but that may not be possible. (Applying mid-April and making the big payment in October means I woudl would make the payment in Oct, file for my refund, and theoretically get the refund before payment is due.)

  7. Mark Guest

    Will this card show up on my personal credit report?

  8. Mark Guest

    Does tax and prison payment count?

    1. Lee Guest

      Tax payments, certainly.

      If prison payments arise from a Hertz rental booked via the travel portal, I'd argue they should qualify for 10x.

  9. Ken Guest

    Is c1 as easy as chase when it comes to individuals without tax id applying for business cards?

  10. Robin Guest

    Signed up end of last year, easily got the 150k, could have easily gotten the 300k.

    FML.

    Ben, any chance Capital One might retroactively "apply" the additional 150k points? Do you have any data points to suggest they do this from time to time?

    1. Robin Guest

      Called and was not successful.

      The rep indicated they had specifically received training regarding this, and that under no circumstance could an offer be matched; she even told the anecdote of someone who had signed up a week before the doubled-up SUB, and they denied THAT customer's request, as well.

      What a slap in the face!

      Oh well, makes the choice to dump this card upon renewal that much easier.

      It's really just a glorified...

      Called and was not successful.

      The rep indicated they had specifically received training regarding this, and that under no circumstance could an offer be matched; she even told the anecdote of someone who had signed up a week before the doubled-up SUB, and they denied THAT customer's request, as well.

      What a slap in the face!

      Oh well, makes the choice to dump this card upon renewal that much easier.

      It's really just a glorified 2% cash-back card, I've been very disappointed with it. I'll stick with my Chase and AmEx trifectas.

  11. Scott G Guest

    Ben, any past data points on past Capital One offers being honored after approval? I got approved for the 150k offer last week. I’d much rather take this one and should be able to meet the spend.

    1. Scott G Guest

      Going to reply to my own post with my own data point. Called Capital One and was initially told that I could not get the improved bonus offer. If I wanted, I could close my account, wait 72 hours and re-apply for the new bonus offer and hope I was approved again (wasn't going to happen). I pressed the agent stating that in the past Chase had honored improved signup bonuses and asked if she...

      Going to reply to my own post with my own data point. Called Capital One and was initially told that I could not get the improved bonus offer. If I wanted, I could close my account, wait 72 hours and re-apply for the new bonus offer and hope I was approved again (wasn't going to happen). I pressed the agent stating that in the past Chase had honored improved signup bonuses and asked if she could elevate the request to a supervisor. She paused and then basically said "what the heck, let's try it out." She created a ticket and said she would forward the request to the award department and I would get a response in 10 to 12 business days.

      Within 90 minutes my phone rang and Capital One was on the caller ID. The same agent told me the rewards department had received numerous requests re: the increased offer and they would be willing to honor the new 300k bonus. I asked for a confirmation email or reference number but she said it was notated all over my account and new offer linked to my business for any future inquiries.

      TL:DR - Go ahead and call or email. Looks like they will honor the new offer, though I have no idea how recent your application would have needed to be approved.

Featured Comments Most helpful comments ( as chosen by the OMAAT community ).

The comments on this page have not been provided, reviewed, approved or otherwise endorsed by any advertiser, and it is not an advertiser's responsibility to ensure posts and/or questions are answered.

JRich Guest

Instantly Approved thanks Ben! I’m at 3/24 with the last Capital One card (Venture) opened in June last year. Pulled all 3 agencies as is normal with C1

0
Miles Guest

> or who have the Capital One Spark Cash Plus If I cancelled the Cash Plus recently, am I eligible? Will they deny me if not?

0
Robin Guest

Called and was not successful. The rep indicated they had specifically received training regarding this, and that under no circumstance could an offer be matched; she even told the anecdote of someone who had signed up a week before the doubled-up SUB, and they denied THAT customer's request, as well. What a slap in the face! Oh well, makes the choice to dump this card upon renewal that much easier. It's really just a glorified 2% cash-back card, I've been very disappointed with it. I'll stick with my Chase and AmEx trifectas.

0
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