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Capital One announces new Venture X travel credit card
  + stars: | 2021-11-04 | by ( Julian Kheel | ) edition.cnn.com   time to read: +8 min
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?
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
Over the last several years, Capital One has committed significant resources toward making its credit card miles competitive with other heavyweights in the industry. Starting Oct. 7, all but two of Capital One’s airline and hotel partners will transfer at a 1-to-1 ratio. British Airways is one of six airline loyalty programs that will now transfer from Capital One at a 1-to-1 ratio. By moving the bulk of its partners to a 1-to-1 transfer ratio, Capital One miles are now comparable to Chase Ultimate Rewards and American Express Membership Rewards, both of which transfer to most of their partners at a 1-to-1 ratio. If you don’t have a Capital One credit card, the Capital One Venture currently comes with a sign-up bonus that can put a chunk of miles in your pocket fairly quickly.
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