Credit Card Comparison: Capital One Venture X Rewards vs. Capital One Venture Rewards
The Capital One Venture X Rewards and Capital One Venture Rewards credit cards are both excellent choices for individuals seeking travel rewards. While they share some similarities, such as the new card member offer and credit level requirement, there are notable differences to consider. Let’s explore the key features and benefits of each card to help you make an informed decision.
Key Benefits:
Capital One Venture X Rewards:
- Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel.
- Earn unlimited 5X miles on flights booked through Capital One Travel.
- Earn unlimited 2X miles on all other purchases.
Capital One Venture Rewards:
- Earn unlimited 2 miles per dollar on every purchase.
- Earn unlimited 5 miles per dollar on hotels and rental cars booked through Capital One Travel.
Winner: The Capital One Venture X Rewards card offers higher rewards on hotels and rental cars, as well as flights booked through Capital One Travel. However, if you spend a significant amount on other categories, the Venture Rewards card’s flat 2 miles per dollar on all purchases may be more suitable.
New Card Member Offer:
Both cards provide a similar new card member offer:
- Earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening.
Winner: This category is a tie, as both cards offer the same enticing bonus miles opportunity.
Credit Level:
Both cards require an excellent credit level for approval.
Winner: Neither card holds an advantage in terms of credit level requirements.
Purchase Rate:
Capital One Venture X Rewards:
- 21.99% – 28.99% variable APR.
Capital One Venture Rewards:
- 20.99% – 28.99% variable APR.
Winner: The Venture Rewards card holds a slight advantage with a lower starting APR. However, keep in mind that APRs are variable and depend on individual creditworthiness.
Transfer Info:
Both cards have the same transfer information:
- 20.99% – 28.99% variable APR for transfers.
- No transfer fee with this Transfer APR.
Winner: Neither card stands out regarding transfer information, as they share the same terms.
Annual Fee:
Capital One Venture X Rewards:
- $395 annual fee.
Capital One Venture Rewards:
- $95 annual fee.
Winner: The Venture Rewards card wins in the annual fee category, offering a lower fee that may be more appealing to cost-conscious individuals.
Here’s a quick comparison table to review the cards side by side:
| Features | Capital One Venture X Rewards | Capital One Venture Rewards |
|---|---|---|
| Key Benefits | Unlimited 10X miles on hotels and rental cars booked through Capital One Travel; 5X miles on flights booked through Capital One Travel; 2X miles on all other purchases | Unlimited 2 miles per dollar on every purchase; 5 miles per dollar on hotels and rental cars booked through Capital One Travel |
| New Card Member Offer | Earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening | Earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening |
| Credit Level | Excellent | Excellent |
| Purchase Rate | 21.99% – 28.99% variable APR | 20.99% – 28.99% variable APR |
| Transfer Info | 21.99% – 28.99% variable APR; No Transfer Fee with this Transfer APR | 20.99% – 28.99% variable APR; No Transfer Fee with this Transfer APR |
| Annual Fee | $395 | $95 |
In conclusion, both the Capital One Venture X Rewards and Capital One Venture Rewards credit cards provide excellent travel rewards. The Venture X Rewards card offers higher rewards on specific travel categories, while the Venture Rewards card offers a lower annual fee and a flat rewards rate on all purchases. Consider your spending habits and preferences to determine which card aligns better with your needs.