Huge Bonus (& Spending Requirement): Earn up to 750K Miles on the Capital One Venture X Business

Since debuting to the masses nearly two years ago, the *venture x business* has proven a wildly popular addition to the wallets of many business owners. An eye-popping bonus should only add fuel to the fire.

The only hang-up? Earning the card's big sign-up bonus requires an equally big chunk of spending – $30,000 in the first three months, to be exact. If that number isn't enough to scare you off, we've got good news: Capital One just rolled out a new limited-time offer that makes the card even better for big spenders. 

Here's how it works:

• Earn 150,000 Capital One Miles once you spend $30,000 in the first three months from account opening.
• Earn an additional 200,000 Capital One Miles (for a total of 350,000 miles) once you spend $200,000 total in the first six months from account opening.

But do some math and it's actually even bigger. If you're able to meet both of these spending requirements in the first six months and earn the full bonus, you'll have 750,000 Capital One miles – worth a minimum of $7,500 towards travel – when all is said and done. That's because the Venture X Business card earns unlimited 2x miles on every purchase. So in addition to the 350,000 miles you'll earn from the bonus itself, you'll also earn a minimum of 400,000 miles from all that spending.

OK, OK … enough about the card's massive bonus offer – there's a lot more to love about this card than a big pile of points. You'll also get an annual $300 Capital One Travel credit, 10,000 bonus miles each year on your card member anniversary (starting in year two), reimbursement for TSA PreCheck or Global Entry, and top-notch airport lounge access. With a modest $395 annual fee, it's almost as if Capital One is paying business owners to get the card.

But remember, credit cards are serious business: You should never apply for a credit card if you're already in debt, and never charge more to a credit card than you can afford to pay off immediately. That's especially true when looking at business credit cards with spending requirements as high as this one. The key here is to not go out of your way to earn the bonus by spending money you don't need to – or don't have.

Here's everything you need to know about the Capital One Venture X Business Card and its giant welcome offer.

Read our review of the Capital One Venture X Business Card!

Venture X Business Card Overview

Full Benefits of the Capital One Venture X Business Card

• Welcome Offer: Earn *Venture X Biz Offer* 
• $300 Annual Travel Credit: Every year, you get a $300 travel credit to use on any flights, hotels, or rental cars booked through the Capital One Travel portal.
• Lounge Access: Complimentary access to 1,300-plus lounges in the Priority Pass network and Capital One's lounges in Dallas-Fort Worth (DFW), Washington, D.C.-Dulles (IAD), Denver (DEN), and Las Vegas (LAS). Cardholders get two free guests, too.
• Global Entry or TSA PreCheck: Up to $120 in statement credit to sign up for either TSA PreCheck or Global Entry. This credit is good once every four years, and membership in both programs lasts five years. The statement credit will match the Global Entry or TSA PreCheck program application fee. 
• Earning More Points: Capital One Venture X Business cardholders will earn 10x miles on hotels and rental cars, and 5x on flights booked through Capital One Travel, plus save 15% on flights with price prediction. You'll also earn unlimited 2x miles on every dollar spent on all other purchases with the card.
• 10,000 bonus miles: Get 10,000 bonus miles every year, starting on your first anniversary.
• Annual Fee: $395

Learn more about the *venture x business*.

Annual $300 Travel Credit

Each year of card membership, Venture X Business cardholders will get up to $300 in travel credits to use for Capital One Travel bookings. Just use your card to book flights, hotels, or rental cars through the Capital One Travel portal, and the $300 travel credit will be automatically applied as a discount at checkout. 

While we typically steer clear of third-party sites and online travel agencies, Capital One has added some awesome new features to their portal that can turn that logic on its head. Using the annual travel credit that comes with the Venture X Business Card isn't quite as simple as making a purchase and getting it refunded, but with a little effort, you shouldn't have too much trouble putting it to good use.

And best of all, this travel credit goes a long way to offset the card's annual fee. Think of it this way: Do you plan to spend $300 or more on travel each year? Then this card's annual fee isn't $395 – it's more like $95. Add in the bonus miles you get every year on renewal (more on that in a bit) and it's almost like Capital One is paying you to have the card! 

Read more: Everything You Need to Know About the $300 Capital One Travel Credit

Airport Lounge Access

Whether you're traveling for work or heading off on vacation, few things make your travel experience better than having airport lounge access. And while you can still get into lounges the hard way – by flying up front on an expensive business or first class ticket or purchasing an airline lounge membership – the Venture X Business Card provides cardholders a far easier path to entry.

Just like the personal version, the Venture X Business Card will get you access to the outstanding Capital One Lounges and a Priority Pass Select membership to get you into more than 1,300 lounges across the globe.

Capital One now has three of its own branded airport lounges open in Dallas (DFW), Washington, D.C.-Dulles (IAD), Denver (DEN), and Las Vegas (LAS). The only other confirmed Capital One Lounge in the pipeline is slated for New York (JFK), but an exact timeline for construction and opening hasn't been announced. 

The bank is also working on some hybrid lounge-restaurant spaces, the first of which opened in Washington, D.C.-Reagan (DCA) last year. Although anyone can pay to get in, only cardholders with a *venture x* or *venture x business* will get unlimited complimentary access, plus the option to make reservations up to six months in advance in the Capital One app. 

Related Reading: A Complete Guide to Capital One Airport Lounges

Global Entry or TSA PreCheck Credit

Add the Capital One Venture X Business to the growing list of credit cards offering up to a $120 credit for either TSA PreCheck or Global Entry. Membership in either program is good for five years and Venture X Business cardholders will get to use this credit every four years to ensure they get their renewal done before it expires.

If you plan for any sort of international travel, spring for Global Entry as it automatically includes TSA PreCheck benefits. With a $120 application fee, the statement credit provided by the Venture X Business Card will completely cover your membership cost for as long as you keep the card open.

Taking advantage of this credit is simple. Just use the card when you pay for your application and voilà: Your credit will kick in to cover the cost.

Read more: Global Entry vs. TSA PreCheck: Which is Better for You?

10,000-Mile Anniversary Bonus

Each and every year on your account anniversary, you'll receive 10,000 bonus miles after paying your card's annual fee.

These miles are worth a minimum of $100 towards travel – and potentially much more by utilizing the Capital One transfer partners. You won't get this right when you open the card: This benefit starts in your second year and each year after that. This is just another way to get more value out of your Venture X Business card and easily offset the card's annual fee.

If our experience with the anniversary miles on the Capital One Venture X Card is any indication, you can expect this 10,000-mile bonus to be deposited about a month or two after paying your annual fee.

Venture X Business Card Welcome Offer

The Venture X Business card's current tiered-welcome offer of up to 350,000 Capital One miles is one of the biggest new card offers we've ever seen.

Consider this: If your business can meet the card's (admittedly lofty) minimum spending requirement, you'd have three quarters of 1 million Capital One miles in your account!

And even if your business can't (or won't) spend the $200,000 in six months needed to earn the full offer, getting 150,000 Capital One miles after spending $30,000 in the first three months isn't a bad consolation prize. This new offer is a win for business owners … no matter how you slice it.

So what can you do with that big of a bonus?

Thanks to the flexibility of Capital One miles, the Venture X Business Card's welcome offer can take you quite far … literally. And since the card earns 2x Capital One miles on all purchases, you'd have at least 210,000 miles upon completing the first part of the card's minimum spending requirement – worth a bare minimum of $2,100 towards travel. 

If you qualified for the full bonus, you'd have 750,000 miles – worth at least $7,500 in travel. And you can use those miles for business or personal travel … your choice.

No other bank gives cardholders as many unique ways to use their miles as Capital One. How does a bucket list golf trip to Bandon Dunes, along Oregon's Pacific Coast sound? Or maybe you want to use them to cover an Airbnb Experience while on vacation?

Those are two great options, but you might be able to do even better by transferring your miles to one of Capital One's transfer partners like Virgin Atlantic and booking business class flights to Europe. Or even use them to set sail on a weeklong Caribbean cruise.

No matter how you put that big bonus to use, it's a fantastic offer and the possibilities for what you can do with the miles are endless.

Related reading: Why Capital One Miles are Best for Booking Airbnbs & Vrbos

Our Analysis

Simply put, the Venture X Business is a must-have card for any business owner – big or small. It's nearly identical to the personal version of the card … and that's a good thing.

Since launching the consumer Venture X over three years ago, we've been questioning whether or not it's too good to be true. With a business version of the card, Capital One is doubling down on that success and targeting business owners. Specifically business owners with lots of monthly spending.

Sure there are cards out there that offer higher point earning in certain categories, but being able to get unlimited 2x Capital One miles on all purchases is a good thing for most any business owner. The simplicity of earning and redeeming miles with the Venture X Business makes it the perfect card for someone who doesn't have the time (or desire) to maximize every dollar spent.

Most of the time, a credit card's big sign-up bonus is the main selling point – and the Capital One Venture X Business comes with one of the biggest we've ever seen. But even without the welcome offer, this is a card that's worth having and holding year after year for the travel perks and benefits alone. These top-notch travel perks make it the perfect one-size-fits-all solution and easily worth paying $395 per year for. And if you're able to earn the card's full 350,000-mile sign-up bonus, that's just the cherry on top.

There's no telling what Capital One will do with the card's bonus after this limited-time offer expires but you can bet it won't be as good as what's on the table now. If this card has been on your radar, now's the time to apply!

Bottom Line

The *venture x business* is out with a limited-time welcome offer that could help you amass a huge stash of Capital One miles. With up to 350,000 bonus miles on the table, unlimited 2x Capital One mile earning on all purchases, an annual $300 Capital One Travel credit, excellent lounge access, and much more, this is a card that deserves a spot in the wallet of nearly any business owner.

We don't know for sure how long this limited-time offer will last – but if adding the Venture X Business Card to your wallet has been on your to-do list, there's never been a more rewarding time than now! 

Learn more about the *venture x business*.