Capital One is running a limited-time anniversary offer on the Venture X Business: 150,000 miles after $40,000 in 4 months, plus 150,000 miles after $120,000 in 4 months. The second tier also brings a $1,000 Capital One Business Travel credit, and the card's annual fee is $395.
Capital One calls it a limited-time offer, and the bonuses are available when you start the application from its card page.
Deal Details
- First tier: 150,000 bonus miles when you spend $40,000 in the first 4 months.
- Second tier: another 150,000 bonus miles when you spend $120,000 in the first 4 months.
- Travel credit: a $1,000 Capital One Business Travel credit for the same $120,000 in 4 months. It posts to your Business Travel balance within two billing cycles and expires 16 months after account opening.
- Annual fee: $395.
- Who qualifies: Capital One says the bonuses may not be available to existing or previous Capital One Business card holders.
What Else the Card Includes
The card earns 2X miles on every purchase. Through Capital One Business Travel, it earns 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals.
Every year you also get a $300 Capital One Business Travel credit and 10,000 bonus miles on your account anniversary. Capital One lists up to a $120 statement credit for Global Entry or TSA PreCheck, access to Capital One Lounges and Priority Pass, and no foreign transaction fees. You can transfer miles to Capital One's 15+ transfer partners.
How to Take Advantage
- Start your application from Capital One's Venture X Business page. The bonuses may not be available if you navigate away from it.
- Plan the 4-month window before you apply. Both spending tiers count from the day the account opens.
- Pay for planned business purchases on the card during those first 4 months, and track the $40,000 and $120,000 marks against your account open date.
- Check that the $1,000 credit shows in your Capital One Business Travel balance after you reach the second tier.
Why This Deal Matters
The tiers are large and they're meant for businesses with high spending. Capital One puts a $1,500 value on each 150,000-mile tier, but the number that matters is what those miles are worth on your own trips.
If you already hold the card, Capital One says the bonuses may not be available to you, but you may qualify for the separate $500 travel credit for existing Venture X Business cardholders. For how the card works day to day, read our Venture X Business review.
Conclusion
Apply only if your business can put $40,000 on the card in four months, and reach for the second tier only if $120,000 is a realistic number for you. If it is, start from Capital One's page and confirm the terms shown there before you submit.
