Current welcome offer on the Capital One Venture X Business

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

The Capital One Venture X Business card (see rates and fees) is both new and old since it’s actually a rebrand of the Spark Travel Elite card. Until recently, the Venture X Business card was only available through a Capital One Relationship Manager.

Now, however, the Venture X Business card is publicly available to small-business applicants online. And with the rebrand rollout comes the opportunity to earn a huge 150,000-mile bonus — for a similarly hefty spending requirement.

Here’s what you need to know about the new-ish Venture X Business card and its current welcome offer.

Apply here: Capital One Venture X Business card

New applicants can earn 150,000 Venture Miles after spending $30,000 in the first three months from account opening.

TPG values Capital One miles at 1.85 cents each, thanks to the valuable option to transfer them to Capital One’s 18 hotel and airline partners. If you can meet the spending requirement and earn the bonus, it’s worth $2,775. That’s almost unheard of for a travel rewards credit card.

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

It carries a $395 annual fee (see rates and fees), which is more than offset by a statement credit and anniversary bonus miles explained below.

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Related: Best ways to maximize Capital One miles

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

• Earning: Earn 10 miles per dollar on hotels and rental cars purchased through Capital One Travel, 5 miles per dollar on flights purchased through Capital One Travel and 2 miles per dollar on all other purchases.
• Statement credit: Get a $300 annual credit for travel booked through Capital One Travel.
• Anniversary bonus: Earn 10,000 miles each year at your cardmember anniversary, worth $185 according to TPG valuations.
• Lounge access: Cardholders and up to two guests get unlimited access to Capital One Lounges — currently open at Dallas Fort Worth International Airport DFW) and Dulles International Airport (IAD) — as well as Priority Pass and Plaza Premium lounges.

• Access to luxury hotels: Cardholders get access to Capital One’s Premier Collection and Lifestyle Collection programs.
• Global Entry/TSA PreCheck credit: Get up to $100 in statement credit for Global Entry or TSA PreCheck once every four years.
• Annual fee: The $395 annual fee is easily offset by the value of the annual statement credit and anniversary bonus, even before factoring in the value of lounge access and the card’s earning potential.
• No foreign transaction fee (see rates and fees)

Related: Is the Venture X worth the annual fee?

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 fewer expenses, you’ll likely want to go with the personal version of the Venture X or another of our favorite business credit cards.

Apply here: Capital One Venture X Business