After reviewing the rewards structure of a credit card, especially a travel-related credit card, the “extras” also deserve serious consideration. Almost all premium cards offer welcome bonuses, annual or recurring perks, and category spending bonuses to encourage use of their product. In addition, some of the Venture X’s less touted benefits make this card stand out, such as travel and purchase protection, price monitoring, and lounge access.
Primary insurance coverage for rental cars
You never know when something will go wrong, but luckily with the Venture X you are covered for several scenarios.
If you pay for the entire car rental with your Capital One Venture X Rewards credit card and forego collision or comprehensive insurance offered by the agency, paying with the card acts as your primary rental insurance for up to $75,000¹. This can save you money on the total cost of your rental, as car rental companies often charge an additional fee for more comprehensive insurance coverage.
Elite status at Hertz
All cardholders, including authorized users, can enroll in President’s Circle status at Hertz Rental Cars² for free. This is the highest status and entitles you to benefits such as skipping the counter and going straight to your car at select locations, as well as a free automatic car class upgrade.
Travel insurance and protection
Another useful benefit of the Capital One Venture X Rewards Credit Card is protection for trip delays¹, cancellations and disruptions¹. Trip delay benefits cover up to $500 for a flight delayed more than six hours when the tickets were purchased with the Venture X card and booked on a commercial flight. Although you are only entitled to one claim per trip, each person in your party can make a claim.
The card also offers trip cancellation and cancellation insurance that covers up to $2,000 for any trip canceled for a covered reason. Nonrefundable travel purchases made with the Venture X card, including tours, hotels and flights, are covered by this benefit.
Purchase protection
In a world where swiping our cards has become second nature and online purchases are more common than ever, a card with purchase protection can give you peace of mind. The Capital One Venture X Rewards Credit Card offers three key purchase protection benefits: purchase assurance¹, extended warranty¹ and return protection¹.
Purchase security
Purchase Protection protects your items in the event of theft or damage. These claims tend to be fairly involved and almost always require a police report or other official documentation. The benefit covers you up to a maximum of $10,000 per item and up to $50,000 per year. You only need to have paid for at least part of the item with your Venture X, not the entire purchase.
Extended warranty
The extended warranty provides a one-year extension for all products with an integrated warranty of three years or less. The benefit is limited to $10,000 per claim and $50,000 per calendar year, up to the value of the repair or replacement of the item.
Return protection
And last but not least, there’s a protection that’s hard to find outside the realm of premium travel credit cards: return protection. If you have an eligible item you purchased with your Venture X and want to return it within 90 days, but the merchant won’t accept your return, you can request a refund for the item through Capital One up to a maximum value of $300 per item and a maximum of $1,000 per year.
Object to authorized user access
This particular benefit is worth mentioning for those who want to help their children or other family members get a good credit score quickly. In general, most banks require authorized users to be a certain age before they are officially added to the account with a social security number. However, the Capital One Venture X card allows you to add anyone as an authorized user for no additional fee. This is very useful for parents who want to improve their children’s credit score.
Generous lounge access
Owning a Venture X card allows access to three airport lounge groups. Cardholders can visit the issuer’s Capital One lounges, although there are currently only three of them: Dallas-Fort Worth International Airport (DFW), Denver International Airport (DEN), and Washington, DC’s Dulles Airport (IAD).
Venture X cardholders can also request a complimentary Priority Pass Select card, which grants them access to Priority Pass’ global lounge network. Cardholders also receive access to Plaza Premium Lounges worldwide. Unique among premium cards, lounge access includes authorized users and includes entry for the cardholder and two guests.
Mobile phone protection
Credit card providers are increasingly offering cell phone protection. To take advantage of this benefit with the Venture X card, simply pay your entire cell phone plan with the card each month and in return receive coverage of up to $800 per eligible claim, up to two claims per year, less a $50 deductible per claim¹.
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There is no one credit card that is the best choice for every family, every purchase, or every budget. We have selected the best credit cards to be helpful to as many readers as possible.
