Capital One Venture X Rewards Credit Card – How to Apply

The Capital One Venture X Rewards Credit Card is an excellent choice for military service members and their families. It offers a healthy welcome bonus opportunity, robust rewards, exceptional travel perks, and military-specific protections.

When applying, it’s important to understand the differences between the Servicemembers Civil Relief Act (SCRA) and the Military Lending Act (MLA) regarding fee waivers.

While Capital One waives the annual_fees annual fee of the Venture X Rewards Card for eligible service members under the SCRA, it is not waived under the MLA. More on that below.

Despite this, the card’s travel rewards, experience credits, and other perks make it a valuable option for military members and their families.

View the simple application process here to take advantage of the Capital One Venture X benefits today.

How to Apply for the Capital One Venture X Rewards Credit Card

To apply for a Capital One Venture X card, first click here or follow the link below and hit “Apply Now.” This will take you to a secure application form. The application and approval process takes less than 5 minutes, and you can find out if you’re pre-approved with no risk to your credit score.

Next, fill out the online application form. In general, you’ll need to provide:

• Personal Information: Enter your full legal name, home address, phone number, email address, and date of birth.
• Social Security Number: Provide your SSN for the necessary credit check.
• Employment and Income Details: Enter your current employment status, occupation, employer information, and annual gross income.
• Housing Information: Include your monthly rent or mortgage payment.

Continue to the next page to read the credit card’s terms and conditions, then submit your application. This includes the annual fee, interest rates, and any other charges associated with the card. Make sure you understand your responsibilities as a cardholder.

Once you’ve reviewed all the information and terms, submit your application. Capital One will then run a credit check to evaluate your eligibility.

After submitting your application, you should receive an instant decision, including the credit line and variable purchase APR of your card, if approved. Sometimes, you may need to wait a few days while Capital One reviews your application further. If additional verification is required, you may be contacted for more information.

If approved, you will receive your card_name by mail in as soon as three business days. Along with your card, you will receive information on how to activate it and start using it.

Once you receive your card, activate it by following the instructions provided. You should also set up online access through the Capital One website or mobile app, which will allow you to manage your account, track your rewards, and make payments.

What Military Relief Does Capital One Offer?

Capital One provides significant protections under the Servicemembers Civil Relief Act (SCRA) for the Venture X card. These benefits are designed to alleviate financial burdens for service members during their service:

• Interest Rate Cap: Capital One lowers the interest rate on the Venture X card to 4% for qualifying service members, which is more generous than the 6% cap mandated by the SCRA. This reduced interest rate applies to balances incurred before you began active duty, helping you manage your debt more effectively.
• Annual Fee Waiver: One of the most valuable benefits under the SCRA is waiving the $395 annual fee for the Venture X card. This fee waiver is available throughout your active duty service, provided you opened the card before entering active duty.
• Waiver of Additional Fees: In addition to the annual fee, Capital One waives other card-related fees, including late and foreign transaction fees, ensuring that your financial obligations remain manageable while you serve.

To qualify for these SCRA benefits, your Venture X card must have been opened before you started active duty. You must also submit a formal request to Capital One to activate these benefits.

Applying for SCRA Benefits

To apply for SCRA benefits with Capital One, follow these steps:

1. Visit the Capital One Military Website: Start by visiting the Capital One military website, where you can access the application for SCRA benefits.
2. Complete the Application: The application process is straightforward and requires basic information, including your name, phone number, date of birth, Social Security Number, and address.
3. Social Security Number Verification: Capital One will run your Social Security Number against the Defense Manpower Data Center’s (DMDC) SCRA database. This database helps verify your active duty status.
4. Compare Active Duty Start Date: If there is a positive match in the SCRA database, Capital One will compare your active duty start date against the date you opened your Venture X card. If the card was opened before your active duty start date, you qualify for the annual fee waiver and other SCRA benefits.

Who Should Consider Applying for SCRA Benefits?

If you fall into one of the following categories, you should consider applying for SCRA benefits for your Venture X card:

• Army, Navy, Air Force (including Space Force), Marine Corps, and Coast Guard
• Commissioned officers of the National Oceanic and Atmospheric Administration
• Commissioned officers of the Public Health Service
• U.S. citizens who are members of an allied nation’s military service
• Spouses and dependents of active duty Servicemembers listed above

In addition to those mentioned previously, the following groups should have the ability to open the card, apply for SCRA benefits, and have their annual fees waived while they’re on active duty:

• ROTC Cadets or Midshipmen: If you’re enrolled in ROTC and have already opened a Venture X card before your commissioning or active duty start date.
• Military Academy Cadets or Midshipmen: Cadets or midshipmen at West Point, the Naval Academy, or the Air Force Academy who opened their cards before starting active duty.
• Enlistees: Those about to enlist in the military can open the Venture X card before starting their active duty service to take advantage of SCRA benefits.
• National Guard or Reserves: Members of the National Guard or Reserves who are about to go on 30+ day active orders can also qualify, provided they opened the card before activation.

If you meet these criteria and open the card before starting active duty, Capital One will waive your annual fees during your service and potentially for at least a year or two afterward, depending on the specific terms of your SCRA benefits.

MLA Benefits for the Venture X Card

For credit cards opened during active duty, the Military Lending Act (MLA) provides important, though slightly different, protections:

• Military Annual Percentage Rate (MAPR) Cap: Under the MLA, Capital One ensures that the Military Annual Percentage Rate (MAPR) does not exceed 36%, as required by law. This cap covers all interest and fees associated with the card.

However, it’s important to note that Capital One does not waive the $395 annual fee under the MLA for cards opened during active duty. This contrasts with the SCRA benefits and is a key distinction that service members should know when considering when to apply for the card.

American Express waives annual fees for the military, and Chase cards like the Chase Sapphire Reserve waive the annual fees for both military service members and their spouses.

Pros and Cons of the Capital One Venture X Card for Military Service Members

While Venture X can provide significant value for military service members and their spouses, it still has some important considerations and potential drawbacks.

Maximizing Rewards with the Capital One Venture X

Once you activate your Venture X card, it’s time to fully leverage its powerful benefits. Follow this detailed guide to enroll in exclusive perks and maximize your rewards while enjoying a premium travel experience.

Optimize Everyday Spending

Your daily expenses offer a steady opportunity to accumulate miles, and the Venture X card makes sure every purchase counts. Every coffee, grocery run, or gas refill can add up. With a competitive base rewards rate on all purchases, simply using your card for regular expenses ensures that you’re constantly building up your mile balance.

Set up your recurring bills—think utilities, subscriptions, insurance, and even digital streaming services—to be paid with your Venture X. Not only does this help keep your finances organized, but it also means you’re effortlessly earning rewards month after month. Plus, you’ll unlock some additional perks like cell phone protection when you pay with your Venture X card.

Activate and Enroll in Global Entry & TSA PreCheck

After activation, your first step should be to apply for Global Entry. This program includes TSA PreCheck, both of which are covered when you use your Venture X card to pay for the application fee.

Enrolling in Global Entry and TSA PreCheck can significantly reduce wait times at airport security and immigration, allowing you to breeze through your travel days with ease.

Visit https://ttp.dhs.gov/ to start your application process.

Secure Your Priority Pass Membership

Next, make sure to sign up for your Priority Pass membership. This membership grants you access to airport lounges around the world, providing a comfortable space to relax, work, or refresh during layovers.

To enroll, log in to your Capital One account, navigate to View Rewards, then click on Benefits, and select the Priority Pass Membership option. Taking this step not only enhances your travel comfort but can also offer you complimentary snacks, drinks, and a quiet environment away from crowded terminals.

Elevate Your Car Rental Status

Enhancing your car rental experience is a key benefit of the Venture X card. Start by enrolling in Hertz President’s Circle, which can provide you with faster service and additional rental benefits. Log in to your account, navigate to View Rewards, and select Benefits to join Hertz President’s Circle.

Additionally, you can match your status with major rental car companies:

• Avis: Improve your rental experience by matching your status via https://www.avis-preferred.com/statusmatch/.
• Enterprise: Secure similar benefits by using https://statusmatch.enterpriseplus.com/.
• National: Get matched for elite status with National by visiting https://status.emeraldclub.com/.

Taking these steps will often lead to benefits such as expedited service, vehicle upgrades, and discounts, making your trips smoother and more cost-effective.

Enhance Your Hotel Experience

Upgrade your accommodation benefits by signing up for the Visa Infinite Luxury Hotel Collection. This program provides access to premium hotel properties with exclusive perks, ensuring you receive a first-class stay wherever you travel.

To enroll, visit https://www.visainfinitehotels.com/ and register for the program. This benefit can be especially useful if you frequently stay at high-end hotels, as it often includes room upgrades, complimentary amenities, and special discounts. Combine this with the travel perks earned through the Chase Travel Portal.

Review Insurance & Protection Benefits

Your Venture X card offers a suite of insurance and protection benefits that can save you money and provide peace of mind during your travels. Take a moment to review the comprehensive benefits guide provided by Capital One. This guide details everything from travel insurance to purchase protection, ensuring you are well-prepared in case of emergencies or unexpected situations.

Access the full guide here: Capital One Benefits Guide.

Familiarizing yourself with these benefits can help you understand how to make the most of your card’s protections and potentially avoid out-of-pocket expenses in the event of mishaps.

Leverage the Annual Travel Credit and Lounge Access

One of the standout features of the Venture X card is its $300 annual travel credit. This credit can significantly reduce your travel expenses by offsetting the cost of flights, hotels, or rental cars.

To utilize this benefit, log in to your account, navigate to View Rewards, then select Benefits, and click on Book a trip. Be sure to plan your travel purchases accordingly to ensure that you don’t let this valuable credit expire. Using your travel credit not only enhances the overall value of the card but also helps you manage travel expenses more effectively.

Airport Lounge Perks

Enjoying complimentary lounge access isn’t just a luxury—it can save you money on food and beverages during long layovers. This perk is especially handy for those early-morning flights or unexpected delays. It also adds a layer of comfort and convenience to your journey, making your overall travel experience more enjoyable.

I live close to a small regional airport with frequent connecting flights to Dallas Fort Worth International Airport (DFW), which is one of four airports featuring the prestigious Capital One Lounge. Access to this lounge alone has saved me more than the annual fee of the card, thanks to the free food, drinks, coffee, high-speed Wi-Fi, and more – not to mention the comfort of a private restroom, relaxation room, shower suite, and parent’s room.

Capital One currently operates lounges at the following airports:

• Dallas/Fort Worth International Airport (DFW): Located in Terminal D near Gate D22, open from 6 a.m. to 9 p.m.
• Denver International Airport (DEN): Located in Concourse A at the mezzanine level, open from 5:30 a.m. to 9 p.m.
• Washington Dulles International Airport (IAD): Located in the main terminal just past TSA PreCheck, open from 5:30 a.m. to 9 p.m.
• Harry Reid International Airport (LAS): Located in Terminal 1, Concourse D, open from 5 a.m. to 11 p.m.

Additionally, Capital One has a “Landing” concept at Ronald Reagan Washington National Airport (DCA), which is a unique dining experience rather than a traditional lounge.

Future locations include lounges at LaGuardia Airport (LGA) and John F. Kennedy International Airport (JFK).

Add Authorized Users

Maximize your Venture X benefits by adding authorized users to your account. This feature is free and allows you to extend the card’s perks to family members, making it easier to pool rewards and enjoy shared benefits.

To add an authorized user, log in to your account, go to View Account, click on I want to, and then select Manage Account Users. Adding family members can be especially advantageous for households that travel together, as it can help accelerate the accumulation of rewards and provide shared access to premium travel benefits.

Take Advantage of Dining & Entertainment Offers

Your Venture X card also includes exclusive dining and entertainment offers, which can add value to your everyday life. These offers provide access to special deals at restaurants and entertainment venues, enhancing your overall lifestyle experience.

To discover these deals, log in to your account, navigate to View Rewards, and select either Capital One Dining or Capital One Entertainment. These benefits can help you save on dining out and enjoy unique experiences, further boosting the value you get from your card.

Enjoy Free Membership Subscriptions

Another great perk is the complimentary subscription to premium services such as Cultivist, PRIOR, Gravity Haus, and Vinous. These memberships offer exclusive content, insights, and access to special events that can enrich your travel and lifestyle experiences.

Log in to your account, head over to View Rewards, and select the name of the service to enroll. By taking advantage of these free memberships, you can enjoy curated content and exclusive experiences without any additional cost, enhancing both your leisure and travel planning.

Maximize Point Conversions and Travel Purchases

Finally, to ensure you are getting the absolute most out of your Venture X rewards, focus on converting your points strategically. Whether you choose to convert points for travel purchases or as statement credits, this step is crucial in maximizing the overall value of your rewards.

To do so, log in to your account, go to View Rewards, then click on Benefits, and select either Convert rewards or Convert travel purchases. By converting your points wisely, you can effectively reduce your travel costs or enhance your travel experiences, ensuring that every point earned brings you closer to your next adventure.

Frequently Asked Questions About the Capital One Venture X Card

Here are some of the most frequently asked questions by the military community for the Venture X card.

Is the Capital One Venture X free for the military?

The card_name is not automatically free for military members. However, if you opened the card before entering active duty, you may qualify for Servicemembers Civil Relief Act (SCRA) benefits, which include the waiver of the $395 annual fee and a cap on interest rates at 4%. If you opened the card while already on active duty, the annual fee is not waived under the Military Lending Act (MLA), though the Military Annual Percentage Rate (MAPR) is capped at 36%.

Is the Capital One Venture X card worth it for active-duty military members?

The card_name is an excellent choice for active-duty military members, especially if you qualify for the Servicemembers Civil Relief Act (SCRA) benefits, which may waive the $395 annual fee if the card was opened before active duty. This alone provides substantial savings. Beyond the fee waiver, the card offers a $300 annual travel credit and unlimited access to over 1,300 airport lounges worldwide, including Capital One Lounges.

The card offers great earning potential, with a minimum of 2 miles per dollar on all purchases and up to 10 miles per dollar on travel booked through Capital One Travel. These miles can be redeemed for travel expenses or transferred to over 15 travel loyalty programs.

According to The Points Guy, the Venture X card’s benefits can easily outweigh the annual fee, offering a potential value of over $1,500 annually for those who maximize its features. For active-duty military members who travel frequently, the Capital One Venture X card is definitely worth considering.

Is Capital One military-friendly?

Yes, Capital One is considered military-friendly and offers various protections and benefits to military members under the SCRA and MLA. They provide a lower-than-required interest rate cap of 4% for service members and waive the annual fee for credit cards, including the Venture X, opened before active duty. However, the waiver of fees under the MLA is not offered for cards opened during active duty, which is something to consider when comparing with other issuers.

What is the interest rate for Capital One’s military cardholders?

For service members who qualify under the SCRA, Capital One offers an interest rate capped at 4% for credit card balances incurred before entering active duty. This is more favorable than the standard 6% cap the SCRA requires. For cards opened during active duty, the Military Lending Act (MLA) ensures that the Military Annual Percentage Rate (MAPR), which includes interest and fees, does not exceed 36%.

How are military spouses with the Venture X card treated by Capital One?

Military spouses who hold a card_name are subject to the same SCRA and MLA protections as service members, provided they are joint account holders or authorized users. If the card was opened before the service member’s active duty, SCRA benefits, including the waiver of the annual fee and a 4% interest rate cap, may apply to the account.

However, if the card was opened during active duty, the annual fee is not waived under the MLA, though the 36% MAPR cap would apply. Military spouses should ensure their status is correctly documented and consider applying for SCRA benefits if they meet the eligibility criteria.

What credit score do I need to qualify for the Capital One Venture X card?

To qualify for the card_name, you typically need an excellent credit score, which is generally considered 720 or higher. Factors such as a strong credit history, low debt-to-income ratio, and a stable income can also improve your chances of approval.

How do I redeem Capital One Venture X rewards miles?

You can redeem your Capital One Venture X rewards miles in several ways:

• Travel Purchases: Use your miles to cover travel expenses like flights, hotels, rental cars, and more through the Capital One Travel portal or by redeeming them as a statement credit for travel purchases.
• Transfer to Travel Partners: Transfer your miles to over 15 partner airline and hotel loyalty programs.
• Gift Cards and Merchandise: Through Capital One’s rewards portal, you can redeem miles for gift cards, merchandise, or other non-travel-related options.

Can I upgrade my existing Capital One card to the Venture X?

Yes, if you already have a Capital One credit card, you may be eligible to upgrade to the Venture X card. However, whether you can upgrade will depend on your account history, creditworthiness, and other factors. Upgrading typically means you’ll retain your existing credit line and account history, which can benefit your credit score.

Does the Capital One Venture X card charge foreign transaction fees?

No, the Capital One Venture X Rewards Credit Card does not charge foreign transaction fees. This makes it an excellent option for frequent travelers who want to avoid extra costs when purchasing abroad or while deployed overseas.

How does the $300 annual travel credit work with the Venture X card?

The card_name offers a $300 annual travel credit, which can be used for bookings made through the Capital One Travel portal. This credit automatically applies to eligible travel purchases, such as flights, hotels, and rental cars, reducing out-of-pocket costs.

What airport lounges can I access with the Venture X card?

As a Capital One Venture X cardholder, you receive unlimited complimentary access to over 1,300 airport lounges worldwide. This includes Capital One Lounges, which offer premium amenities, and lounges in the Partner Lounge Network, such as Priority Pass lounges.

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