MileValue is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This site may earn compensation when a customer clicks on a link, when an application is approved, or when an account is opened. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more. All values of Membership Rewards are assigned based on the assumption, experience and opinions of the MileValue team and represent an estimate and not an actual value of points. Estimated value is not a fixed value and may not be the typical value enjoyed by card members.
An essential characteristic of small-business owners is the ability to make decisions. However, one important decision that many small-business owners overlook is the choice of which business credit card to use for your expenses. While this may seem inconsequential, choosing the right business credit card can save you thousands of dollars through its benefits, welcome bonus and spending bonuses.
One of the best business credit cards for business owners with high annual spending is the Capital One Venture X Business. This card offers similar bonuses and benefits to the consumer version of the card, the Capital One Venture X Rewards Credit Card, which has been massively popular since its release.
While the Venture X Business card charges a relatively high annual fee of $395, this card includes an array of benefits that can provide thousands of dollars in value every year, including 10,000 anniversary miles, a $300 travel credit, a credit for Global Entry or TSA PreCheck enrollment fee and access to airport lounges around the world.
Let’s take a look at the different features of the Capital One Venture X Business and quickly compare this card to some other similar business credit cards.
Capital One Venture X Business Overview
The following table includes all of the most important features of the Capital One Venture X Business:
| Card name | Capital One Venture X Business |
| Annual fee | $395 |
| Spending bonuses |
|
| Other notable benefits |
|
In addition to the benefits and spending bonuses listed above, the Venture X Business also offers a valuable welcome offer. Here’s the current sign-up bonus offered by this card:
Capital One Venture X Business
LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles
when you spend $150k in the first 6 months
If you plan on opening the Capital One Venture X Business, we recommend making sure that you can earn this welcome bonus. It’s a great way to quickly earn a lot of Capital One Miles.
Additionally, the Capital One Venture X Business allows you to add employee cards to your account for free, which means your employees can make purchases and earn miles on your behalf.
Capital One Venture X Business Features
Let’s take a closer look at the different features of the Capital One Venture X Business credit card, including its welcome bonus, regular spending bonuses, benefits and more.
Annual Fee
The Capital One Venture X Business charges an annual fee of $395, which will be automatically applied to your account every cardmember anniversary, including the first year.
No Preset Spending Limit
While most credit cards feature a preset spending limit (which may be adjusted periodically or upon request), the Capital One Venture X Business has no preset spending limit. According to the Capital One website, this card “adapts to your needs based on spending behavior, payment, credit profile and other factors.”
Essentially, this means that Capital One uses an algorithm to adjust your credit limit automatically based on how you use your card. The benefit of this is that cardholders may have their credit limits raised without having to submit a request. However, one potential drawback is that a fluctuating spending limit makes it difficult to track your credit utilization ratio, which is a major factor that determines your credit score.
Pay-in-Full Card
The Capital One Venture X Business is a pay-in-full card, which means there is no APR. Instead, cardholders are required to pay their balance in full each month. If you fail to fully pay your balance before the due date, you’ll be charged a late fee of 2.99% on your outstanding balance and your account will be considered past due until you pay off your balance.
Welcome Bonus
One of the most valuable features of the Capital One Venture X Business is its sign-up bonus, which offers a large sum of Capital One Miles to cardholders who spend a certain amount on their card within a fixed period after account opening.
Historically, the Capital One Venture X Business has offered some large welcome bonuses with large spending requirements. So, with this card, you could earn a ton of Capital One Miles quickly, but you’d have to spend many thousands of dollars on your card to get that bonus.
Spending Bonuses
On top of its welcome bonus, the Capital One Venture X Business also offers spending bonuses on everyday purchases. Here are the spending bonuses currently offered by this card:
- 10X miles on hotels and rental cars booked directly through Capital One Business Travel
- 5X miles on flights and vacation rentals booked directly through Capital One Business Travel
- 2X miles on all other purchases
As you can see, the most impressive spending bonuses offered by this card are for travel purchases made through Capital One Business Travel. So, if your small business spends a lot on travel for yourself or your employees and you’re willing to make those purchases through the Capital One Business Travel portal, then these spending bonuses can provide a ton of value.
However, if your business doesn’t spend money on travel, then the Capital One Venture X Business card’s spending bonuses won’t be as rewarding, and you may want to consider another business credit card.
Benefits
The Capital One Venture X Business provides a ton of value to cardholders through its additional benefits, which include the following:
- $300 annual credit for bookings made through Capital One Business Travel
- 10,000-mile anniversary gift every cardmember year
- Up to $120 credit for Global Entry or TSA PreCheck (available every four years)
- Unlimited complimentary access to Capital One Partner Lounge Network (includes Priority Pass lounges and Capital One Lounges)
- Automatic Hertz President’s Circle status
- $100 experience credit when booking luxury hotels, resorts and vacation rentals through the Premier Collection
- No foreign transaction fees
As you can see, these benefits can easily offset the Capital One Venture X Business card’s annual fee of $395. In fact, if you use the $300 travel credit and earn the 10,000 anniversary miles (which are worth a minimum of $100) every year, then you’ll immediately offset the annual fee.
Plus, if you’re traveling often, gaining complimentary access to airport lounges through the Capital One Partner Lounge Network can provide hundreds (if not thousands) of dollars of additional value. These lounges provide complimentary food and beverages, which can be notoriously expensive in airport restaurants, as well as a great place to relax before your departure.
The Venture X Business card also offers some additional benefits through its payment network (the Venture X Business was part of the Mastercard network until it switched over to Visa in 2024). These are some of the additional benefits you’re entitled to through your payment network, regardless of whether its Visa or Mastercard:
- Rental car damage and loss protection
- Trip cancellation/interruption insurance
- Trip delay insurance
- Baggage insurance
- Extended warranty
The specifics of how these protections work will depend on the payment network you’re on. However, they’re definitely worth paying attention to as they could save you a lot of money in certain scenarios. For example, rental car protection allows you to decline the rental company’s insurance, which can save you hundreds of dollars on every rental, and still have auto collision damage insurance.
Capital One Transfer Partners
One of the best features of the Capital One Venture X Business card (as well as all other cards that earn Capital One Miles) is that Capital One Miles can be transferred to a variety of hotel and airline loyalty programs.
The advantage of this is that you can often find redemptions that offer several cents per mile through these transfer partners, whereas redeeming Capital One Miles through Capital One’s rewards portal will always yield a value of 1 cent per mile. Thus, by leveraging transfer partners, you can significantly stretch the value of your Capital One Miles.
Here are Capital One’s current transfer partners and the respective transfer ratio for each:
| Transfer partner | Transfer ratio |
| Accor Live Limitless (ALL) | 2:1 |
| Aeroméxico Rewards | 1:1 |
| Air Canada Aeroplan | 1:1 |
| Air France-KLM Flying Blue | 1:1 |
| Avianca LifeMiles | 1:1 |
| British Airways Club | 1:1 |
| Cathay Pacific Asia Miles | 1:1 |
| Choice Privileges | 1:1 |
| Emirates Skywards | 1:1 |
| Etihad Guest | 1:1 |
| EVA Air Infinity MileageLands | 2:1.5 |
| Finnair Plus | 1:1 |
| I Prefer Hotel Rewards | 1:2 |
| Japan Airlines JAL Mileage Bank | 2:1.5 |
| JetBlue TrueBlue | 5:3 |
| Qantas Frequent Flyer | 1:1 |
| Qatar Airways Privilege Club | 1:1 |
| Singapore Airlines KrisFlyer | 1:1 |
| TAP Air Portugal Miles&Go | 1:1 |
| Turkish Airlines Miles&Smiles | 1:1 |
| Virgin Atlantic Flying Club | 1:1 |
| Wyndham Rewards | 1:1 |
Generally, we recommend utilizing only transfer partners that offer a 1:1 transfer ratio. It’s often difficult to find redemptions that offer greater than 1 cent per mile through transfer partners that offer less favorable transfer ratios.
Even among the transfer partners that have a 1:1 transfer ratio, some of these programs offer much more value than others. Generally, some of the highest-value Capital One transfer partners include Air Canada Aeroplan, Avianca LifeMiles, Singapore Airlines KrisFlyer, Virgin Atlantic Flying Club and any of the programs that use the Avios currency (including British Airways, Finnair and Qatar Airways).
Capital One Venture X Business
LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles
when you spend $150k in the first 6 months
Other Cards to Consider
If you’re currently in the market for a business credit card, the Capital One Venture X Business is a great option. However, that doesn’t mean that your search should stop there. There are many other business credit cards out there that are worth considering and that could be a better fit for your business.
Let’s take a look at a few cards that may appeal to you if you’re interested in the Capital One Venture X Business.
Chase Sapphire Reserve for Business℠
Small-business owners interested in the Capital One Venture X Business may also be interested in the Chase Sapphire Reserve for Business℠. This is Chase’s top-tier business card with a high annual fee but some seriously valuable spending bonuses and benefits.
The following table includes the most important information about the Chase Sapphire Reserve for Business℠:
| Card name | Chase Sapphire Reserve for Business℠ |
| Annual fee | $795 |
| Spending bonuses |
|
| Other notable benefits |
|
As you can see, despite the fact that the Chase Sapphire Reserve for Business has a high annual fee of $795, you can easily offset that annual fee if you use this card’s statement credits and other benefits to their fullest extent.
While the Capital One Venture X Business is really rewarding for business owners who spend on travel, the Chase Sapphire Reserve for Business rewards spending on Lyft rides as well as social media and search engine advertising. Plus, this card includes excellent non-travel-related statement credits for Google Workspace, DoorDash, gift cards and more.
American Express® Business Gold Card
Another business credit card with a similar annual fee to that of the Capital One Venture X Business is the American Express® Business Gold Card (see rates and fees). This card also offers a flexible spending bonus structure that may be better for businesses that spend a lot on categories other than travel:
The table below includes all of the most important information about the American Express® Business Gold Card:
| Card name | American Express® Business Gold Card |
| Annual fee | $375 (see rates and fees) |
| Spending bonuses |
|
| Other notable benefits |
|
- 4X points on your top two eligible categories, including:
- U.S. media providers for advertising in select media (online, TV, radio)
- U.S. electronic goods retailers and software and cloud system providers
- U.S. restaurants, including takeout and delivery
- U.S. gas stations
- Transit purchases (including trains, taxicabs, rideshare services, ferries, tolls, parking, buses and subways)
- Monthly wireless telephone service charges from U.S. wireless telephone service providers
- 3X on flights and prepaid hotels booked through AmexTravel.com
- 1X on all other purchases
The Amex Gold Business card’s main draw is the ability to earn 4X points in any two of the eligible categories listed above. Plus, the fact that this card also earns 3X points on flights and hotels purchased through AmexTravel.com makes this a decent card for travel purchases as well.
Unfortunately, the Amex Gold Business doesn’t include many of the premium travel perks, such as airport lounge access or statement credits for Global Entry or TSA PreCheck, offered by the Capital One Venture X Business and the Chase Sapphire Reserve for Business.
Earn 100,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.
Ink Business Preferred® Credit Card
If you’re looking for a credit card that charges a significantly lower annual fee than the Capital One Venture X Business, then you may want to consider the Ink Business Preferred® Credit Card. This card has a more manageable annual fee of $95 and still offers solid spending bonuses and benefits.
The table below includes all of the most important information about the Ink Business Preferred® Credit Card:
| Card name | Ink Business Preferred® Credit Card |
| Annual fee | $95 |
| Spending bonuses |
|
| Other notable benefits |
|
The Ink Business Preferred doesn’t offer any of the large statement credits available with the other cards mentioned in this article. However, for a card with an annual fee of under $100, this card’s spending bonuses structure is rewarding. Earning 3X points in many of the most common business expense categories will be rewarding for most businesses.
So, if you’re looking for a solid business credit card but you aren’t willing to commit to paying a high annual fee, the Ink Business Preferred is an excellent option.
The Bottom Line
All in all, the Venture X Business is one of the best card options for small business owners for whom travel is a large expense category. With the ability to earn a whopping 10X miles on hotels and rental cars and 5X miles on flights through Capital One Business Travel, you can quickly rack up Capital One Miles with this card. Plus, if you’re willing to utilize Capital One’s transfer partners, you can get significantly more than 1 cent apiece in value from those miles.
The Venture X Business also includes valuable premium travel benefits, such as airport lounge access with Capital One Lounges and Priority Pass. This card also offers $300 in statement credits for Capital One Business Travel every cardmember year. These benefits alone can offset the Venture X Business card’s $395 annual fee.
However, it’s also worth exploring your other options even if this card appeals to you. There are plenty of other business credit cards with excellent spending bonuses and a range of annual fees.
Capital One Venture X Business
LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles
when you spend $150k in the first 6 months