Capital One Venture X Business overview
The Capital One Venture X Business is the business version of the fan-favorite Capital One Venture X Rewards Credit Card. Like its personal counterpart, the Venture X Business offers luxury perks for a reasonable annual fee and an easy-to-understand earning structure. This is a great option for small-business owners who value simplicity. Card rating*: ⭐⭐⭐⭐½
* Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.
Since its debut in 2021, the Capital One Venture X Rewards Credit Card has been a major player in the premium card space. It offers luxury benefits like airport lounge access and a valuable travel credit for a reasonable annual fee.
Since 2023, the business version of the card — the Venture X Business — has been available. It has the same $395 annual fee and many of the same benefits we’ve come to love in the Venture X. Key perks include generous airport lounge access, an annual travel credit and the option to add employee cards for no additional cost.
The major difference between the personal and business offerings is the welcome offer — with the business version offering a much more lucrative bonus.
This card requires an excellent credit score of 740 or above.
Here’s what you need to know if you’re considering applying for the Capital One Venture X Business.
Capital One Venture X Business pros and cons
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Capital One Venture X Business welcome offer
For a limited time, the Capital One Venture X Business is offering a massive tiered welcome bonus to those who can meet its huge spending requirement. New applicants can earn:
- 150,000 bonus miles after spending $30,000 in the first three months
- An additional 200,000 miles after spending $200,000 in the first six months
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This is the best-ever welcome offer we have seen on this card, making now an excellent time to apply. It’s worth up to $6,475, according to our April 2025 valuations.
This welcome bonus is best suited to businesses that can meet the huge $200,000 minimum spending requirement organically.
Related: How to apply for a Capital One business credit card
Capital One Venture X Business benefits
The Venture X Business has many of the same perks that have made its personal counterpart so popular. As a cardholder, you’ll get:
- A $300 credit annually for travel booked through Capital One Travel
- 10,000 bonus miles each year at your cardmember anniversary, worth $185 based on TPG’s April 2025 valuations
These two benefits alone more than offset the card’s $395 annual fee.
You’ll also receive the following perks:
Related: A complete guide to Capital One’s airport lounges
Earning miles with the Capital One Venture X Business
With the Venture X Business, you’ll earn:
- 10 miles per dollar spent on hotels and rental cars booked through Capital One Travel
- 5 miles per dollar spent on flights and vacation rentlas purchased through Capital One Travel
- 2 miles per dollar spent on all other purchases
This simple earning structure means you won’t have to worry about whether your purchase falls in a bonus-earning category.
However, suppose you spend much of your business budget on categories like shipping and advertising. In that case, you might find that you’ll get a better return on your spending with a different business credit card.
Related: How to pick a strategy for your small-business credit cards
Redeeming miles with the Capital One Venture X Business
Your most valuable redemption option is to transfer your miles to any of Capital One’s 15-plus airline and hotel partners.
However, you can also redeem your miles to book travel through Capital One Travel, for a statement credit to cover travel purchases or to purchase gift cards at a flat rate of 1 cent per mile.
Related: Should you transfer Capital One miles to partners or redeem directly for travel?
Transferring miles with the Capital One Venture X Business
Again, the most valuable redemption option is to transfer your miles to one of Capital One’s travel partners. You have 15-plus hotel and airline programs to choose from, including Air Canada Aeroplan, Singapore KrisFlyer and Choice Privileges.
Matt Moffitt, a contributing editor for TPG, likes to transfer his miles to Air France-KLM Flying Blue to get good value from booking business-class flights to Europe and British Airways Club for nonstop American Airlines flights within the U.S.
Related: Cashing in Capital One miles? How to get the maximum value when redeeming miles
Which cards compete with the Capital One Venture X Business?
If you want more business-related perks or don’t spend enough to earn the welcome bonus on the Venture X Business, one of these cards might be a better fit:
For additional options, see our full lists of the best business credit cards and the best travel rewards credit cards.
Related: Capital One Venture X vs. Venture X Business: Small but important differences
Bottom line
The Capital One Venture X Business is a great option for small-business owners who put a significant amount of spending on their credit cards and want the simplicity of a flat earning rate on all their purchases.
However, those who won’t meet the spending requirement to earn the card’s welcome bonus or want to earn more in specific business categories should opt for a different business card.
Learn more: Capital One Venture X Business
