Credit Cards

What to know: The Capital One Venture X Rewards Credit Card 10k mile anniversary credit

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One feature of the Capital One Venture X Rewards Credit Card is that is comes with an annual anniversary bonus of 10k Capital One Miles. This is pretty incredible since the Venture X has a $395 annual fee and already yields a $300 annual credit in the Capital One Travel Portal. The 10k mile anniversary bonus is worth, at minimum, $100 in the Capital One portal, but could be transferred into any partner program and potentially used in their unique award charts. Let’s take a look at how it works.

The worst case scenario in year 2 of card membership is receiving $400 worth of travel credits in the Capital One travel portal on a $395 fee. Not too shabby!

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Capital One Venture X Rewards Credit Card

4.9
4.9/5

If you’re looking to add a super premium card to your wallet without having to calculate whether you’re recouping the annual fee every year… the Capital One Venture X Rewards Credit Card may very well be the best fit for you.  2x miles everywhere, lounge perks, and great travel partners make this a killer card

Welcome Offer

75k Capital One Miles after $4k in 3 months

Annual Fee

      $395

Points Earned

Transferrable Capital One Miles

The Capital One Venture X Rewards Credit Card offers 2x miles on every single purchase you make, a $300 annual credit when booking in Capital One Travel, 10k Miles every year you keep the card ( worth a minimum of $100 in portal ), Priority Pass, Cap1 Lounge Access + when booking via the Capital One Travel Portal you’ll earn 10x miles on hotels and car rentals + 5x miles on flights. 

The travel credit and 10k anniversary bonus miles alone recoup the $395 annual fee and they have a great list of transfer partners. 

It’s an absolutely killer offer from Capital One.

Leave your referrals here: 

  • 2x miles on every single purchase without limit
    • 10x miles hotels and rentals cars in Capital One Travel Portal
    • 5x miles flights in Capital One Travel Portal
  • $300 Annual Credit within the Capital One Travel Portal
  • 10k bonus miles after each anniversary
  • Lounge access
    • Capital One Lounge Access
      • 1 location currently and 2 more scheduled for 2022
      • 2 guests allowed and $45 for every guest after that
      • Authorized Users get access as well
        • Add 4 Authorized Users free of charge
    • Priority Pass Select access
    • Unlimited complimentary access for you and two guests to 1,300+ lounges, including Plaza Premium lounges
  • Up to $100 TSA PreCheck or Global Entry credit
    • Credit valid every 4 years
  • Complimentary Cell Phone Insurance
  • Hertz President’s Circle Status
  • No fee for up to 4 authorized users
  • $395 Annual 

The best ever offer was 100k after $10k spend in 6 months when the card first debuted, but 75k has been the offer ever since.

We keep an up to date spreadsheet that lists what the highest offers: You can find that spreadsheet here.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

When does the Capital One Venture X Rewards Credit Card 10k miles anniversary bonus post?

I got my card in the beginning November of 2021 and I received my anniversary bonus in mid December of 2022. My first year would have completed around November 10th, so this is roughly 58 weeks after getting the card. This year, 2023, I received the credit roughly 52 weeks after my last credit.

2023

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2022

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How can I use the 10k mile anniversary bonus

You can either use them to purchase $100 worth travel in the Cap1 travel portal or transferred into partners

What are the Capital One Miles transfer partners?

Capital One has a great list of transfer partners and you can read our top 50 uses here.

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Earlier in 2023, transferred Capital One Miles to Turkish and flew their business class on the 787-9 between Athens and Istanbul.

You can read the full review here

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What are the other benefits of the Capital One Venture X Rewards Credit Card

The Capital One Venture X has a long list of benefits and I’ve written articles comparing it to both the Chase Sapphire Reserve® and The Platinum Card® from American Express Personally, I think it’s the most straight forward super premium credit card on the market.

  • $395 Annual Fee
  • 2x miles on every single purchase without limit
    • 10x miles hotels and rentals cars in Capital One Travel Portal
    • 5x miles flights in Capital One Travel Portal
  • Up to $300 Annual Travel Credit within the Capital One Travel Portal
  • 10k bonus miles after each anniversary
  • Enjoy Complimentary access for you and 2 guests to Capital One Lounges or to 100+ Plaza Premium Lounges through our Partner Lounge Network
      • Authorized Users get access as well
  • Priority Pass Select access
    • 2 guests
    • Authorized Users as well
  • Up to $100 TSA PreCheck or Global Entry credit, every 4 years
  • Complimentary Cell Phone Insurance
  • Hertz President’s Circle Status
  • No fee for up to 4 authorized users

Overall

As you head into year 2 of the card, keep an eye on your statement as you should get your 10k mile anniversary bonus roughly 58 weeks after you first signed up!

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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Chase Sapphire Preferred® Card


4.8
4.8/5
The Chase Sapphire Preferred® is a great starter card that earns Premium Ultimate Rewards that can be transferred into over a dozen partners many of which are US based including Hyatt, Southwest, United, IHG, and Marriott.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. 

Annual Fee

$95

Points Earned

Transferrable Chase Ultimate Rewards

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
    • That’s $750 when you redeem through Chase Travel℠
  • 5x on all travel purchased through Chase Travel℠
  • 3x on dining, including eligible delivery services for takeout & dining out
  • 3x on select streaming services
  • 3x on online grocery purchases
    • (excluding Target, Walmart and wholesale clubs)
  • $50 Annual Chase Travel Hotel Credit via Chase Travel℠
    • The begins immediately for new cardmembers and after your account anniversary for existing cardmembers
  • 2x on all other travel
  • 10% Anniversary Bonus
    • Every year you keep the card, your total spend will yield a 10% points bonus. If you spend $10k in a year, you’ll get 1k bonus points
  • Chase Sapphire Preferred continues to redeem at 1.25c in the Chase Travel℠ and the slew of other benefits remain in tact including Auto Rental Collision Damage Waiver ( primary ), purchase protections, etc.
  • Points are transferrable to 14 Ultimate Rewards partners
  • Redeem in Chase Travel℠ for 1.25 cents per point
  • No foreign transaction fees
  • Suite of Travel and Purchase Coverage
    • Auto Rental Collision Damage Waiver is my favorite
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024
  • $95 Annual Fee

We keep an up to date spreadsheet that lists the best ever offers: You can find that spreadsheet here.

Historically 80k is a very, very good offer and hit in both 2022 and 2023. In 2021, we saw the offer hit an all time high of 100k. Who knows if that will ever come back.

Main Cast: 

Cards that earn flexible points and should be used on the bulk of your purchases.

Supporting Cast:

Cards that earn fixed points in the currency of the airline/hotel and can not be transferred at attractive rates. These cards yield benefits that make it worth keeping, but not necessarily worth putting a lot of your everyday spend on. 

The Chase Sapphire Preferred® is exceptional starter card and offers transferrable Ultimate Rewards, and pairs well with other Chase cards.

If you carry this card alongside Chase’s cashback cards like the Chase Freedom Flex®  and Chase Freedom Unlimited® or the business versions: Ink Business Cash® , Ink Business Unlimited® you can combine the points into Preferred account and transfer into hotel and airline partners

Annual fee is quite low at $95 a year + you get a 10% anniversary bonus on points + $50 hotel credit in Chase travel.

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.

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