On Thursday, the issuer took another huge step by announcing its first-ever premium credit card, the Capital One Venture X Rewards Credit Card. The Capital One Venture X features fewer perks than other popular premium travel credit cards, but also a lower annual fee. Redeeming Capital One Venture X milesMiles earned with the Capital One Venture X can be redeemed at a rate of 1 cent apiece for any travel purchase made with the card using Capital One’s “Purchase Eraser” tool. Capital One Venture X credit card perksWithout a doubt, the two best perks on the new Capital One Venture X card are the $300 annual credit for bookings made via Capital One Travel and complimentary access to Capital One’s new airport lounges. Should you get the new Capital One Venture X credit card?

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Persons: Chase, ”, Lauren Liss, Miles, you’ll, there’s, Emily McNutt Organizations: CNN, American Express, Venture, PreCheck, Dallas, Fort, Capital, Guy, Chase, Chase Sapphire Reserve Locations: Fort Worth, Dallas, Denver, Washington, DC’s Dulles