Capital One Venture X Business

• With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
• Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
• Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
• Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
• Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge and Landing locations and participating Priority Pass lounges, after enrollment
• Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
• Your card is designed to be paid in full. However, you have the option to carry over a portion of your balance with interest if needed. Pay at least the minimum payment amount by your payment due date, otherwise you'll be charged a 2.99% late fee.
• Top rated mobile app

When it comes to Capital One Miles, the best way to maximize your miles is to redeem them for travel. And to take it one step further, the Venture X Business card will let you pay for any type of travel with miles. You can use miles to cover any travel purchases made in the last 90 days on your Venture X card, with no minimum amount required.

[.dontreco] We don’t recommend: Turning your Capital One Miles into cash [.dontreco]

With a Capital One rewards card, you earn cash back or miles on every dollar you spend. The amount you earn varies based on the card and how you use it. However, this method simply doesn’t provide the best value.

[.sometimesreco] We sometimes recommend: Booking through Capital One’s portal [.sometimesreco]

Booking travel through Capital One lets you redeem miles at 1 cent each, but you won't earn extra rewards or elite perks. It's better to book directly and then use your miles to cover the cost.

[.alwaysreco] We always recommend: Redeeming your miles for travel [.alwaysreco]

If a flight or hotel room can be bought with cash, you can use your miles to book it. Redeem your miles at 1 cent each for travel purchases made in the last 90 days on your Venture X Business card. This means you could redeem for airlines, hotels, rail lines, car rentals, limousines, buses, cruises, taxis, travel agents, and more. By redeeming your miles for travel, you’ll absolutely maximize their value.

But how can I actually transfer my Capital One Miles? Transferring your Capital One Miles is a super simple process. Just follow these steps:

1. Sign in to your Capital One account online or via the app.
2. Go to the credit card account with the miles you want to transfer.
3. Click "View Rewards."
4. Select "Convert Rewards to a Capital One Miles Transfer Partner."
5. Follow the prompts.
6. Click "Transfer Miles" next to your chosen partner.
7. Enter your loyalty program number and agree to the terms.

Oh yeah, did we mention that the Venture X Business has a pretty nice list of transfer partners? In case you need convincing, here’s that list:

1. The Traveling Business Owner

If your business involves frequent travel, the Capital One Venture X Business Card is a solid choice. Earn 10x miles on hotels and rental cars booked through Capital One's travel booking site, 5x miles on flights booked through Capital One's travel booking site, and 2x miles on all other purchases. It also comes with unlimited access to Capital One Lounges and Priority Pass lounges, which is freaking awesome. Plus, the $300 annual travel credit and 10,000-mile anniversary bonus more than offset the higher annual fee, making this card a no-brainer for frequent travelers.

2. The High-Spending Entrepreneur

If your business racks up significant monthly expenses, the Venture X Business Card’s earning potential makes it a smart choice. With 2x miles on all purchases, you'll accumulate rewards really quickly. This card provides great returns on your investment, especially if your business spends heavily in categories outside of travel. The flexibility to redeem miles for any travel purchase or transfer them to various airline programs at a 1:1 ratio adds even more value, ensuring that every dollar spent works harder for your business.

💡 If you’re turned off by the word “business” being in the card name, check out this article which helped thousands of Daily Drop readers open business cards last year.

Here’s a good rule of thumb: You probably shouldn’t own a credit card if you: (1) have a bad credit score, (2) are a non-U.S. resident (for this particular card), and (3) cannot control your spending. If your credit score is low, you'll need to improve it before applying for travel credit cards, as approval for the best ones, like the Venture X Business Card, is unlikely. Be honest with yourself: if a new credit card will tempt you to overspend, it's best to avoid it. Credit cards are crucial for earning miles and points, but they require responsible use.

An excellent credit score is recommended for the Venture X Business Card. But again, if you’re in a solid place with your credit and feel you are ready for a new card, don’t let the fear of being rejected keep you from applying. We’ve known several people to be rejected on their first application, use the reconsideration line, and be granted the Venture X Business Card. The worst they can say is “no,” and more often than not, we’ve found these people want to help!