Best ways to use Capital One Venture X points
The Capital One Venture X earns Capital One Miles points. Here's how to use them well — transfer partners, sweet spots, and when it's worth holding the card.
Card snapshot
Issuer
Capital One
Program
Capital One Miles
Annual fee
$395
Earning rates
- 10× on hotels and rental cars via Capital One Travel
- 5× on flights via Capital One Travel
- 2× on everything else
Top benefits
- $300 annual Capital One Travel credit
- 10,000 bonus miles on card anniversary (effectively +$100)
- Priority Pass + Capital One Lounges
- No foreign transaction fees
- Cell phone protection
Best ways to use the points
- Net annual fee after $300 credit + 10K bonus miles is effectively -$5
- 2× flat on everything with full transfer partner access is best-in-class for catch-all earning
- Transfer to Turkish Miles&Smiles (45K biz class to Europe), Virgin Atlantic, or Aeroplan
Transfer partners
Capital One Venture X points transfer to:
Drawbacks
- Capital One Travel portal is the only way to use the $300 credit
- Lounge network smaller than Amex Centurion
Our verdict
Best value among premium cards. $395 fee becomes effectively $-5 when you use the $300 travel credit and 10K anniversary miles. 2× flat on everything plus Aeroplan/Turkish/Virgin transfers makes this a genuine Sapphire Reserve/Amex Platinum alternative at much better math.
Find award availability before you transfer
Points transfers are almost always non-reversible. Use AwardLocker to confirm saver space first, then move your Capital One Miles points only when you're ready to book.
Check availability →