Here’s what to do when you get the Capital O...

We love bank cards that include an array of perks — particularly once they can outweigh the cardboard’s annual payment. Maximizing advantages on a bank card can imply the financial institution is actually paying you to maintain the cardboard yr after yr. Nonetheless, not utilizing the perks means you are doubtlessly paying a payment for no cause.

This undoubtedly applies to the Capital One Venture X Rewards Credit Card. The cardboard has a ton of perks, and you may wish to use as a lot of them as doable to justify the $395 annual payment.

The Venture X card additionally gives a 75,000-mile welcome bonus for many who spend $4,000 on purchases within the first three months of account membership. In response to TPG’s January 2025 valuations, that bonus is value $1,388.

When you just lately bought the Enterprise X bank card, listed here are the issues it’s best to do to unlock its full worth.

Associated: Is the Capital One Venture X worth the $395 annual fee?

You get limitless entry to Capital One lounges in case you have the Venture X. This additionally applies to your approved customers on the cardboard, together with complimentary entry for as much as two company per go to (youngsters aged two and underneath are free). Further company are $45 every.

To realize entry, simply present your boarding go and Enterprise X card.

Nonetheless, the overwhelming majority of lounges that Enterprise X cardholders can entry additionally include a Priority Pass Select membership. After enrolling and receiving your membership card, you and your company can entry over 1,300 lounges in airports worldwide.

To enroll, go to this enrollment page and enter your 16-digit Enterprise X account quantity. Then, comply with the prompts to finish your registration.

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Alternatively, you’ll be able to entry this web page by logging in to your Capital One account, navigating to the advantages part, and clicking the Precedence Cross icon.

Licensed customers in your card additionally get Precedence Cross membership, which leads us to the following level.

Associated: A complete guide to Capital One’s airport lounges

You’ll be able to add as much as 4 authorized users to your Venture X account for no further price. You will be liable for something they cost to their playing cards, however all of the miles earned from their purchases will go into your rewards stability.

The true profit right here is sharing some of your best benefits with approved customers. Licensed customers obtain entry to Capital One lounges and a Precedence Cross membership of their very own — with the identical visitor entry coverage because the cardholder. The perfect half is that there isn’t any price so as to add as much as 4 approved customers to your card.

Associated: The credit cards with the greatest value for authorized users

Nobody likes ready in line at airport safety. Fortunately, there is a approach to velocity up the method, and the Venture X can assist you get it at no cost.

Global Entry and TSA PreCheck are applications designed to assist pre-screened passengers get by way of safety checkpoints extra shortly. International Entry purposes price $120, whereas TSA PreCheck purposes price as much as $85. Each is legitimate for 5 years.

As soon as each 4 years, Capital One will reimburse Enterprise X cardholders as much as $120 as assertion credit towards utility charges for these applications. This credit score is as soon as per account, that means approved customers don’t get their very own payment reimbursement.

If you are going to select between one in every of these applications, I like to recommend International Entry as a result of it contains TSA PreCheck advantages and expedited screening when returning to the U.S. from one other nation.

Associated: Things to know about Global Entry

Change your cost methodology in your cellphone invoice

How a lot did you spend to purchase your cellphone? For many of us, that reply is within the vary of a whole bunch of {dollars} — although some top-of-the-line fashions can exceed $1,000. Briefly, telephones aren’t low cost. And the price of changing them after harm or theft might be painful.

When you pay your month-to-month cellphone invoice together with your Venture X card, you are robotically coated towards harm and theft. This is applicable to each cellphone line listed on the invoice, and protection will kick in for the following calendar month after your cost.

Word that there are some limitations to this protection:

• You’ll be able to file a most of two claims each 12 months.
• The utmost protection is $800 per declare.
• There’s a $50 deductible on every declare.
• Protection is supplemental, that means you could first exhaust every other relevant insurance policies (like renters insurance coverage, for instance).

In case your declare is said to the theft of your cellphone, you could file a police report inside 48 hours to be eligible for protection out of your Enterprise X card.

Associated: Link a credit card with cellphone protection to your mobile bill

Venture X cardholders — together with approved customers — obtain complimentary Hertz President’s Circle status*. That is the highest tier in Hertz’s Gold Plus Rewards program.

You’ll be able to anticipate advantages like complimentary upgrades, a wide array of vehicles from which to decide on within the car parking zone, a free second driver and the flexibility to skip the road. Somewhat than ready in line inside to signal varieties and get the keys, simply head straight to the car parking zone, get in your reserved automotive and drive off.

We must always spotlight three nice components of this perk.

First, it additionally applies to your approved customers. Second, due to standing matching, you should utilize your Hertz standing to achieve status with other companies.

Lastly, and most significantly, you’ll be able to really stack this perk with the cardboard’s enhanced incomes charges on automotive leases and the annual $300 journey credit score for purchases by way of the Capital One Travel portal.

* Upon enrollment, accessible by way of the Capital One web site or cell app, eligible cardholders will stay at that standing stage by way of the length of the supply. Please word, enrolling by way of the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) won’t robotically detect a cardholder as being eligible for this system and cardholders won’t be robotically upgraded to the relevant standing tier. Further phrases apply.

Since your Enterprise X card gives primary rental car insurance, it is a nice card to make use of for leases. Cardholders can stand up to $75,000 in protection for harm attributable to collision or theft to a rental automotive. This protection is accessible with out the necessity to purchase insurance coverage from the rental firm. The automotive rental insurance coverage profit is a Visa Infinite card feature.

Associated: The complete guide to car rental elite status matches

To really maximize the Venture X, contemplate leveraging Capital One’s switch program. At present, Capital One gives 15-plus airline and hotel transfer partners, with most changing at a 1:1 ratio.

Capital One’s rewards program competes with American Express Membership Rewards and Chase Ultimate Rewards.

By using switch companions, you’ll be able to maximize the worth of your miles by greater than 1.85 cents per mile, based on TPG’s January 2025 valuations.

For instance, you possibly can switch your Capital One miles to Air Canada Aeroplan. Then, you possibly can fly to the Center East with an prolonged stopover in Europe due to Aeroplan’s generous stopover policy, providing you with two journeys in a single.

Associated: Why transferable points and miles are worth more than other rewards

The quite a few perks of the Capital One Venture X Rewards Credit Card can appear daunting. Somewhat than leaving you questioning the place to get began, we have compiled an inventory of six issues it’s best to do while you obtain your card. This could provide you with a jump-start on maximizing your advantages and offsetting the cardboard’s price ticket.

The present welcome bonus is effective, in order that’s a serious incentive to open the cardboard. Nonetheless, in the event you can reap the benefits of nearly all of perks and advantages provided by the Enterprise X, it ought to hold incomes a spot in your pockets yr after yr.

For extra particulars, learn our full review of the Venture X.

Be taught extra: Capital One Venture X Rewards Credit Card

For Capital One merchandise listed on this web page, among the above advantages are supplied by Visa® or Mastercard® and will fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.