Highest-ever Venture X Business welcome bonus — with an eye-watering minimum spending requirement

Editor’s note: This is a recurring post, regularly updated with new information and offers.

After the successful launch of the personal Capital One Venture X Rewards Credit Card in 2021, Capital One began offering its business counterpart to the public in 2023.

Learn more: Capital One Venture X Business with its highest-ever bonus

Now, we’re seeing the highest-ever bonus offered on the Capital One Venture X Business. New cardholders can earn up to 350,000 miles — for a cool $200,000 minimum spending requirement.

If you’re a high-spending business owner and want to unlock a huge welcome bonus, this is a great offer to take advantage of. Let’s look at the details.

Capital One Venture X Business welcome offer

For a limited time, new applicants can take advantage of a tiered welcome offer. They’ll earn:

• 150,000 bonus miles after spending $30,000 in the first three months
• An additional 200,000 miles after spending $200,000 in the first six months

That’s a total of 350,000 miles, worth a whopping $6,475, according to our April 2025 valuations. That’s almost unheard of for a travel rewards credit card and is the best offer we’ve seen on this card since it was launched just over two years ago.

To maximize the bonus, we recommend transferring your miles to one of Capital One’s 15-plus airline and hotel partners.

You also have the option to redeem your miles for a statement credit to cover travel expenses at a rate of 1 cent per mile. Even if you go this lower-value route, the full bonus is still worth an impressive $3,500.

It carries a $395 annual fee, which is more than offset by an annual travel credit and bonus miles every year you hold the card (explained below).

Related: Cashing in Capital One miles? How to get the maximum value when redeeming miles

Capital One Venture X Business benefits

The business version of the Venture X has the same reasonable annual fee that so many love about the personal version, plus many major benefits, including:

• Earning: Earn 10 miles per dollar spent on hotels and rental cars purchased through Capital One Travel, 5 miles per dollar spent on flights and vacation rentals purchased through Capital One Travel and 2 miles per dollar spent on all other purchases.
• Travel credit: Receive an up to $300 annual credit for travel booked through the Capital One Travel portal.
• Anniversary bonus: Each year at your cardmember anniversary, earn 10,000 miles, worth $185 based on TPG’s April 2025 valuations.
• Lounge access: Cardholders and up to two guests get unlimited access to Capital One lounges — currently open in Dallas Fort Worth International Airport (DFW), Denver International Airport (DEN), Dulles International Airport (IAD) near Washington, D.C., and Harry Reid International Airport (LAS) in Las Vegas — and Capital One Landings — currently open in D.C.’s Ronald Reagan Washington National Airport (DCA) — as well as 1,300-plus Priority Pass lounges worldwide.

• Access to luxury hotels: Cardholders can access Capital One’s Premier Collection and Lifestyle Collection programs for elitelike benefits when staying at participating hotels.
• Global Entry/TSA PreCheck credit: Receive up to $120 in statement credit for Global Entry or TSA PreCheck.
• Annual fee: The $395 annual fee is easily offset by the value of the annual credit and anniversary bonus, even before factoring in the value of the welcome offer, lounge access and the card’s earning potential.
• No foreign transaction fees

Related: Capital One Venture X vs. Venture X Business: Small but important differences

Bottom line

If you’re a small-business owner whose business spends enough to earn the welcome bonus, the Capital One Venture X Business gives you the potential to earn tremendous rewards.

But if your small business has lower expenses, you’ll likely want to go with the personal Venture X version or another of our favorite business credit cards.

Learn more: Capital One Venture X Business