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Capital One Venture X losing Hertz President’s Circle Status end of 2024? Not so fast.

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Last week a story made it’s way around the interwebs like wildfire…The Capital One Venture X would be losing Hertz President’s Circle status at the end of the year! This was first reported by Thrifty Traveler and then it hit all the big blogs. It was because of the fine print on this post that has details on the Hertz status ending 12/31/24.

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I posted the information on my Instagram and you could predict the response.

People were throwing their toys out of the stroller.  In all honesty, not all of the responses made sense, but clearly there was outrage.

“It’s another deval”

“Oh no! I love my President’s Circle Status”

“I don’t have the card but I’d cancel it immediately”

“This is worse than Crystal Pepsi”

“This is why I still wear a mask in public”

We may have over-reacted and President’s Circle may live on in 2025

Points and miles enthusiasts over reacting?! There is a first for everything, but it appears we may have all jumped the gun too soon.

Capital One reps reached out to Thrifty Traveler, Upgraded Points, and Gary Leff at VFTW, and basically said this…

Yes..the contract ends at 12/31/24, but it could be extended.

This was the official response to Thrifty

Editor’s note: After publication, Capital One reached back out to clarify that the Hertz President’s Circle status benefit could eventually be extended, though it is still scheduled to end Dec. 31, 2024.

Do I think it’s going to end 12/31/24?

I kinda don’t. A lot of people voiced their dissatisfaction, and I think the language has been their from the start we just didn’t see it. Sooooo I tend to lean towards Cap1 extending the perk.

Would they replace it with something else?

My feeling is if they do drop Hertz President’s Circle, they will replace with Avis Preferred Plus ( maybe President’s Circle now that it’s in the US ) or National Executive Elite. This is pure speculation, but these car rental companies want premium cardholder business so I’d imagine there is some way to make the economics work.

Should I cancel if they do end it?

I wouldn’t. You could easily match to another program like Avis, National, or Sixt and get similar benefits via a match. And then match again, maybe even back to Hertz President’s Circle.

The Venture X continues to offer a $300 Travel Credit in portal and 10k Capital One Miles every anniversary = $400 min travel credit on a $395 annual fee card. Why would you cancel it even without the Hertz status?

How else can I get Hertz President’s Circle Status?

If I missed any…lemme know but you should be able to gleen President’s Circle status via the following cards/programs

Overall – Hertz President’s Circle hasn’t officially ended 12/31/24

And I kinda think they will either extend or replace, but either way, the card is still great in my opinion.

Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.

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3 Comments

  • Reese P May 21, 2024

    I’m completely with you and your conclusions on this! And status match to Avis and National is a super deal… in fact I haven’t used it yet but National matched me to Executive Elite, better than the Executive that you get for being an Amex Platinum holder. And yes the Venture X card more than pays for itself easily every single year, before factoring in any of the premium perks such as earning rate, lounge access, and rental car status. No foreign transaction fees and being a VISA card means I can use it around the world to pick up 2x points minimum on everything everywhere. I would definitely not cancel if Cap1 dropped the Hertz President’s Circle benefit, but would hope I could status match back from Avis Preferred Plus or National. Of course referral bonuses are always cool for helping me pick up some extra points for our missions travels… if you want to use a referral link (no exciting offer above the public offer but 75k for $4k spend in 3 months is still solid!) mine is https://i.capitalone.com/J5ugmsxSI — Thanks all!

  • josh April 25, 2024

    Here’s a new referral link for the VentureX, thank you so much for using it and help me out! 75k sign up bonus.

    https://i.capitalone.com/GsRkWFzLU

  • Sam March 19, 2024

    Hey! I love my Capital One travel card and I think you will too! You get unlimited miles on every purchase with a card that fits your lifestyle. I can get a bonus if you apply through my referral link: https://i.capitalone.com/JXxqedjvi

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