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8 Underrated Benefits of the Capital One Venture X Card

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There's a lot to love about Capital One's top travel card, the card_name.

First, you'll have the ability to bonus_miles_full, complimentary access to the Capital One lounges, Priority Pass lounges, and even Plaza Premium lounges, and an annual $300 travel credit. Beyond that, though, there are a handful of benefits that don't get the attention they deserve.

Read on for our list of underrated benefits of the Capital One Venture Card that we think should be on your radar to get the most out of this card.

Read More: Earn 75,000 Venture Miles on the Capital One Venture X Card



capital one venture x card


Learn more about the card_name


Capital One Venture X Benefits

1. A Reasonable Annual Fee

The annual fee on the Venture X card clocks in at $395. Believe it or not, that's a heck of a deal.

While that may sound expensive at first glance, it's incredibly competitive when you look at the benefits it provides. That's even truer when you stack it against its two biggest competitors.

The Chase Sapphire Reserve® has an annual fee of $550. Want to add a spouse or significant other as an authorized user? That will cost another $75. That's $625 each and every year you want to hold the card.

Then there's the Platinum Card® from American Express. After a big refresh in 2021, the card now has an annual fee of $695 (see rates & fees). Want to add an authorized user? That will cost you another $195 per additional card after some recent changes. You can no longer add up to three authorized users for the price of $175.

Read next: Premium Trave Card Showdown: Venture X, Amex Platinum, or Sapphire Reserve?


capital one venture x vs amex platinum


Not only is the Venture X annual fee cheaper at $395, but the bank also makes it easier than any other credit card on the market to offset those costs and come out ahead.

Each year, you'll get a $300 travel credit to use by booking a flight, hotel, or rental car through the Capital One Travel Portal. Simply book travel and Capital One will automatically issue a credit of up to $300.

That makes the effective annual fee more like $95, which is much more manageable and the reason we think the Venture X annual fee shouldn't scare you off.


2. Free Authorized Users

The ability to add free authorized users to your credit card account is typically reserved for credit cards with no or a low annual fee.

Most premium credit cards (like the ones mentioned above) charge a pretty hefty fee to add an authorized user onto your card account, the key to allowing a spouse, significant other, or friend to get a few of the card benefits.


capital one venture x card


But there's no such fee with the Capital One Venture X card. In fact, you can add up to four authorized users to your card account at no additional cost! And not only can you add them, but each authorized user will get their own lounge access with the ability to bring up to two complimentary guests, and car rental elite status!

It's a big reason why we think Venture X has become the best credit card for traveling families. One card membership could get a family of five into a lounge during their travels.

Read More: How to Add Free Authorized Users on the Venture X Card (And Why You Should)


3. 10,000 Mile Anniversary Bonus

You likely haven't heard much about this benefit. But, once you pay your second $395 annual fee in your second year with the card, Capital One will give you a 10,000 Venture Mile anniversary bonus. You get that bonus every single year you renew your Venture X Card. In our experience, Capital One deposits this 10,000-mile bonus about a month or two after paying your second annual fee on the card.

Those miles are worth a minimum of $100 if you use them through the Capital One Travel portal or when you cover travel purchases with points – and likely much more with smart use of Capital One airline and hotel transfer partners.


capital one venture x card


Tack this 10,000-mile bonus (worth $100, or potentially more) on top of the annual $300 travel credit and you have $400 in value from just two benefits. Seeing as the card's annual fee is only $395, you can pretty easily come out $5 ahead (or more) each year you hold the card.

Read More: Wondering Whether to Renew Your Venture X Card? Here's What You Should Know


4. Unlimited Priority Pass Guest Access

When it comes to lounge access with the Venture X Card, the brand-new Capital One Lounges are the star of the show.

Right now, only the Capital One lounge in Dallas-Ft. Worth (DFW) is open, but the bank plans to open two new lounges in Denver (DEN) and Washington D.C. – Dulles (IAD) sometime this year, with more on the way.

Plus, in addition to Capital One Lounge access, you (and any authorized users) will also get a Priority Pass Select membership. This is your ticket to accessing another 1,400+ lounges across the globe … and more.

But here is the best part: While other top travel cards can get you and two guests Priority Pass lounges, we've confirmed that Capital One Venture X cardholders can bring an unlimited number of guests into Priority Pass locations.


Priority Pass membership card


But it's not all good news for the Priority Pass memberships you get from Capital One cards. Venture X cardholders will no longer receive dining credits at select airport restaurants via Priority Pass.

Capital One quietly updated its lounge access policies to reflect that looming change as well as cutting other, lesser Priority Pass benefits like retail and spa discounts, stating: “Effective January 1, 2023, Priority Pass non-lounge airport experiences (like dining, retail shopping, and spa discounts) are not part of the Visa Infinite® benefit program for Venture X cardholders.”


5. Primary Rental Car Insurance

Primary rental car insurance may not sound exciting, but it can save you some substantial money on your next car rental.

The rental car insurance you get when charging your rental car to a Venture X card is some of the best coverage you’ll find among top-tier credit cards. Just in case the worst happens, Capital One rental car insurance allows you to skip costly additional policies from the car agency – or even your own personal policy – saving you more money in the long run.

Many travel credit cards out there offer only secondary rental car coverage. If you get into an accident or your car is damaged with secondary coverage, you’d have to file a claim with your personal insurance policy before turning to your credit card company for help. That means you’ll have to pay your deductible – and your auto insurance premiums will likely go up, too.

But it’s different with the Venture X card. You get primary rental car coverage. And that means you can skip your own policy and head straight to Capital One for help.


capital one venture x car insurance


This primary coverage from the Venture X card replaces the typical “collision damage waivers” – or loss damage waivers – that car rental companies are required to offer.

This policy will provide reimbursement for damage due to collision or theft on a rental car. So if you get into an accident, it will cover the costs of any damage up to the cash value of the vehicle.

But from car rental companies, this coverage costs $10 to $30 a day. That can add up fast if you’re traveling for more than a day or two.

Read More: All About Capital One Venture X Car Rental Insurance Benefits


6. 3 Years of Free Shipt Delivery Service

Top-of-the-line Visa Infinite cards – like the card_name, and others – can get up to three free years of membership with Shipt, which offers same-day delivery service from retailers like Target, Costco, Walgreens, and many more depending on your location.


To enroll, you will need to head to the dedicated landing page on Shipt's website for this new partnership. Once there, enter your zip code to see if Shipt is available where you live.

If you live anywhere near a Target store, there is a good chance Shipt is available – the retailer acquired Shipt back in 2017 to bolster its delivery capabilities. According to Shipt, the service is available in more than 5,000 cities nationwide.

Once you have entered your zip code, you'll see a list of stores that partner with Shipt to offer free delivery. From here, you'll need to enter your Visa credit card number. From there, Shipt will automatically assign your benefits based on the type of Visa card you have.

Read More: Get up to 3 Years of Free Shipt Delivery Service with Some Visa Cards!


7. Cell Phone Insurance Protection

If you pay your cell phone bill with your Capital One Venture X card, you can get reimbursed up to $800 for repair or replacement if your cell phone is stolen or damaged.

Here is what you need to know about how this cell phone coverage works:

  • This insurance benefit applies if you’re a Venture X cardholder and pay your monthly cell phone bill with the card.
  • You must have paid with your card in the billing cycle before the month the incident occurs.
  • The cell phone coverage applies to all lines listed on the account. So if you have a family of four, all lines are covered.
  • You will need to pay a $50 deductible for each claim
  • The benefit can be used twice in any 12-month period, and you are eligible for reimbursement of up to $800 per claim.
  • It’s supplemental coverage, so if you have an insurance policy through your carrier or through the device manufacturer itself, this coverage would not be valid.
  • If your device has been stolen, a police report must be filed within 48 hours of the event to be eligible for coverage.


cell phone on a table


I recently had to use my phone insurance coverage through my Amex Business Platinum Card (which is very similar to the coverage offered by Venture X), and I was extremely impressed with how easy it was and how quickly I received my reimbursement check.

Read More: My Experience With Cell Phone Insurance Protection From My Credit Card


8. Hertz Presidents Circle Status

Just for holding the Capital One Venture X, you'll get complimentary Hertz Presidents Circle Status.

As the highest level of elite status in their Gold Plus Rewards program, President’s Circle elite members who book an intermediate car or higher get guaranteed upgrades to the next available car class or the ability to choose a car from the President’s Circle Ultimate Choice aisle.

Members can also skip the counter when renting a car, get access to a dedicated Hertz Rewards customer service line, and have the ability to add an additional driver at no cost.

This benefit is available for both primary cardholders and Venture X authorized users.


Bottom Line

There is a lot to love about the Capital One Venture X Rewards Credit Card. But beyond the big-ticket items like a huge bonus and lounge access, there are other benefits that add up to make this card even better.

With an annual fee of just $395, we think the card is a no-brainer when you look at everything it offers – including these underrated benefits.


capital one venture x card


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Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

6 Responses

  • Hi, Nick,

    Thank you for your thoughtful piece on this card. Many readers may not know how valuable the primary rental car coverage option on a credit card can be and so this is very useful to explain. For most US insurance companies, coverage will not extend to rentals outside the US (or sometimes Canada and Mexico), so when renting a car anywhere else, using a card like this one is essential. Very few offer the coverage, as you point out.

  • I like the VentureX card a lot, but I confess the prices on their travel portal are not the best, so you end up having to decide if using their travel portal is the best option considering miles redemption, 300.00 travel credit x other portal prices.

    • Daniel, never use the portal for miles redemption. If you do use the portal pay for it and get the bonus. Then use the purchase eraser to use miles.

  • We were recently (Sunday 4-9-23) turned away from both the KLM Lounge and Landry’s in IAH. Landry’s said they no longer accept PP from (specifically) Venture X.
    I believe that Capital One should reimburse me $56 (28 times 2 people) for failure to perform on the promise after I have paid for it.

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