Help Me Build Credit has partnered with CardRatings for our coverage of credit card products. Help Me Build Credit and CardRatings may receive a commission from card issuers. The editorial content on this page is not provided by any of the companies mentioned, and have not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone.
Author - Sam
Updated: January 6, 2025 | Credit Card Review The card_name comes along with luxury benefits but for a reasonable price. The benefits are awesome, particularly the free Hertz Presidents Circle for you and your authorized user and the free lounge access for you and your authorized user (this is huge because authorized users are free). The annual fee is $395 but can easily be erased through the $300 Capital One Travel credit and 10,000 miles anniversary bonus. The card also has great reward categories of 10x miles on hotels and car rentals booked through Capital One Travel, 5x miles on flights and vacation rentals booked through Capital One Travel, and unlimited 2x miles on all other purchases! See all the benefit details below.
Recommended credit: Excellent credit is usually needed
- Max cards: You can only get approved for 1 Capital One card every 6 months (not always enforced)
- Credit bureau: Capital One will usually pull your Experian, Transunion, and Equifax credit reports
- If you freeze one credit bureau you can still get approved (the credit bureau you freeze cannot be Transunion)
- Combining same-day credit inquiries: Credit inquiries for same-day applications will be combined. Note, Capital One will only approve you for one credit card application within every six months. (Combining credit inquiries will only make a difference when declined for your first try and you want to try a new one)
- Check application status: You can check your application status by calling 1 800 903 9177 or 1 877 277 5901
- Reconsideration: If declined you can call 1 800 625 7866 to be reconsidered (Capital One will usually only reconsider an application due to application error)
Quickest way to get my card: Your new card will be available in your Capital One app immediately after you get approved (you might need the 3 digit security code on the back of your card to access it, which means you must wait for your physical card to arrive). Capital One physical credit cards cannot be expedited, only sometimes for replacement cards for a fee
Downgrade options: You can downgrade the card_name card to either the card_name ($95) or to the card_name ($0)
Approval Monitor (submitted by HelpMeBuildCredit users)
Credit limit range $5,000-$30,000
Avg. Credit limit$18,757
Disclosure: These results are based on information submitted by HelpMeBuildCredit users. Credit card approval results are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. Neither HelpMeBuildCredit nor the bank advertiser's take any responsibility on the accuracy of the information.
HelpMeBuildCredit credit ranges are a variation of FICO®️ Score 8, one of many types of credit scores lenders may use when considering your credit card application
Get 10,000 anniversary bonus miles each year.
Primary coverage on rentals for collision damage and theft (excluding Israel, Jamaica, the Republic of Ireland, or Northern Ireland). Coverage is for rentals for up to 31 days. Max $75,000 per rental
Get reimbursed for up to $800 per claim (with a $50 deductible) if your cell phone breaks or gets stolen. To activate coverage, you need to pay your monthly cell phone bill with your Venture X credit card. Max 3 claims per year.
Receive a $300 travel credit when booking any travel, including flight, hotel, and car, using the Capital One Travel portal each card membership year.
Get your original manufacturer’s warranty time-matched (up to a year). (Will only cover if the original warranty is for 3 years or less). Max $10,000 per claim, $50,000 per account.
No foreign transaction fee.
Get up to a $120 statement credit for Global Entry or TSA Pre-Check every 4 years.
Get up to $3,000 per trip for lost or damaged luggage. Max is $2,000 for NY residents.
Access to 1,300+ airport lounges, with a complimentary membership for you and 2 companions for Priority Pass Select and Plaza Premium lounges. As of 03/01/25, you will no longer get direct access to Plaza Premium lounges.
Complimentary access to Capital One Lounges for you and 2 companions, at airports including but not limited to; Dallas-Fort Worth, Denver International, and Washington Dulles). Authorized users receive their own Priority Pass and Capital One lounge access through the Partner Lounge Network.
Get refunded if your purchase is damaged or stolen, up to 90 days from the date of purchase. Max $10,000 per claim, $50,000 per account.
Not happy with a purchase? Get a refund on purchases that have passed the store return policy – up to 90 days from the date of purchase. Max $300 per claim, max $1,000 per year.
Get coverage if you, G-d forbid, die in an accident while traveling or lose a limb, sight, speech, or hearing (on common carriers). Receive up to $1,000,000 in compensation.
Coverage for canceled or interrupted travel due to an unforeseen medical emergency etc. Max $2,000 per person for non-refundable airfare.
If your flight is delayed for 6+ hours, you can claim up to $500 per person to cover expenses like meals, lodging, toiletries, medication, and other personal use items.
Complimentary Hertz President’s Circle Status (for you and your authorized users)
The miles can be redeemed as cashback for half a penny per mile.
You can redeem 1 penny per mile on Capital One Travel, to book flights, car rentals, hotels, and more.
You can transfer your miles to any of the following 15+ Capital One Travel Partners.
Airline partners:
| Transfer Ratio | Transfer time | |
| Aeromexico, Club Premier | 1:1 | Instant |
| Air Canada, Aeroplan | 1:1 | Instant |
| Air France KLM, Flying Blue | 1:1 | Instant |
| Avianca, Lifemiles | 1:1 | Instant |
| British Airways, Executive Club | 1:1 | Instant |
| Cathay Pacific, Asia Miles | 1:1 | 5 business days |
| Emirates, Skywards | 1:1 | Instant |
| Etihad Guest | 1:1 | 24 hours |
| EVA Infinity, MileageLands | 2:1.5 | 36 hours |
| Finnair Plus | 1:1 | Instant |
| Qantas, Frequent Flyer | 1:1 | 24 hours |
| Singapore Airlines, KrisFlyer | 1:1 | 36 hours |
| TAP Portugal, Miles&Go | 1:1 | Instant |
| Turkish Airlines, Miles&Smiles | 1:1 | Instant |
Hotel partners:
| Transfer Ratio | Transfer time | |
| ALL Accor | 2:1 | 1 business day |
| Choice Privileges | 1:1 | Transfers will not be available until later on this year |
| Wyndham Rewards | 1:1 | Instant |
You can also pay for travel purchases on your card and offset the purchases with miles. You can get 1 penny per mile. So for example, a $100 hotel stay charged on your card can be paid back using 10,000 miles.
