Capital One Venture X (2023)

FAQs

Is Capital One Venture X hard to get approved? ›

In general, we recommend having a credit score of at least 670 before applying for the Capital One Venture X card. However, we've seen applicants with lower scores get approved and applicants with higher scores get declined, so approval is more about the contents of your credit report than your credit score.

According to Capital One, this card is for consumers with excellent credit. If you have a FICO® Score of 700 or higher, then it's more likely that you'll qualify for the Capital One Venture X Rewards Credit Card.

Your monthly income needs to be at least $425 more than your monthly rent or mortgage payment to get the Capital One Venture X Rewards Credit Card, according to Capital One. The higher your income is above the minimum, the more likely you are to be approved.

Summary Credit Score for Capital One Venture Approval

You should only apply when your credit score is at least 700, but preferably 750 or higher. Once you qualify for the Capital One Venture Card, you'll begin earning at least 2x miles on every purchase.

Capital One appears to use all three major credit bureaus—Equifax, Transunion and Experian.

If your living expenses are too high and/or your income too low for Capital One to believe you can pay off your debts, your application may be rejected. With all that said, you're not required to have a perfect credit history to qualify for a Capital One Venture card.

The Capital One Venture X Rewards Credit Card is Capital One's premium credit card offering. As you'd expect, it offers premium perks and a high credit limit. It is a Visa Infinite card, which has a standard minimum credit limit of $10,000. One Redditor was approved with an initial $30,000 limit.

First things first: There's no definitive answer to the question “How many credit inquiries is too many?” Why? Because there are two different kinds of credit inquiries. And while one of them doesn't affect credit scores, the other one does.

The minimum credit limit for the Capital One Venture card is $5,000, since it's a Visa Signature card. Typically, the approved credit limit is $10,000 to $25,000. We've seen credit limits as high as $100,000 on the Capital One Venture card, though.

Application Rules

Capital One will only approve you for 1 credit card every 6 months, and this applies to both personal and business credit cards.

How much money is 75000 miles Capital One Venture? ›

75,000 Capital One Miles Statement Credit Value

If you redeem your Capital One miles as a statement credit for recent travel purchases, each mile is worth 1 cent for any redemption. This makes the entire 75,000 miles balance worth $750 in redemptions for flights, hotels, cruises, car rentals, and tours.

Capital One has clarified its rules regarding welcome bonuses on cards. The terms of card applications now state that you're not eligible for the bonus on a card if you're a previous or existing cardmember who has received a bonus on a card in the past 48 months.

Why should you get the Capital One Venture X? The Venture X offers a better rewards rate on hotels and rental cars compared to the Amex Platinum, so if you spend heavily in these categories, you might prefer the Venture X. And it may be easier to offset the cost of this card given that its annual fee is much lower.

The Capital One Venture Rewards Credit Card is a Visa Signature card. This means the lowest possible credit limit is $5,000. Having a score closer to 750 or above means you are more likely to get a credit limit that's at least $10,000.

You can get a Capital One refer-a-friend bonus if someone gets approved for a Capital One credit card using your referral link. After they get approved, it can take up to 8 weeks to receive your rewards. Here's how to get a Capital One credit card refer-a-friend bonus: Log in to your online account.

Capital One Application and Reconsideration Line

If you have already received a response about your application status but want to request a reconsideration of your application, you can call the application services line at (800) 625-7866 or the general customer service line at (800) 227-4825.

It generally takes around 7 to 10 business days for a new Capital One credit card to arrive, although sometimes it can take less than that. Just note that there is no way to request expedited shipping for new cards. To get a replacement card, on the other hand, takes 4-6 business days.

Once it's approved, many credit card issuers, including Capital One, say you can expect to receive your new card in the mail within 7 to 10 days. If you reported your card lost or stolen, a replacement credit card will likely be delivered within 1 to 7 days.