Capital One Venture X vs. Chase Sapphire Reserve: Which Travel Credit Card Is Better?
Travel credit cards are all the rage among the jet set. They’re perfect for those who love being rewarded for having a great time while exploring the world. These financial products offer customers redeemable miles they can use for later traveling and extra perks while on vacation. Moreover, some travel credit cards also offer points for purchases not related to travel.
There are dozens of travel-oriented credit cards on the market. Two of the most popular ones are the Capital One Venture X and the . While they both offer cardholders many perks, everyone has their own needs. Read on to discover which of these options is best for you.
Chase Sapphire Reserve vs. Capital One Venture X
Both the Capital One Venture X and the are highly popular financial products. Before diving deeper into what makes each of them unique and deciding which one’s a better option, here’s what you need to know about both credit cards at a glance.
|Capital One Venture X||Chase Sapphire Reserve|
|Welcome bonus||75,000 miles after spending $4,000 in the first three months||60,000 bonus points after spending $4,000 in the first three months|
|Foreign transaction fee||N/A||N/A|
|Reward rate||– 10x miles on hotels and rental cards through Capital One Travel
– 5x miles on flights through Capital One Travel
– 2x points on all other purchases
|– 10x points on hotels and car rentals through Chase Ultimate Rewards after the first $300 spent on travel
– 10x points on Chase Dining
– 5x points on flights through Chase Ultimate Rewards after the first $300 spent on travel
– 3x points on all other travel
– 3x points on other dining
– 1x points on all other purchases
The Chase Sapphire Reserve has been a staple among frequent travelers since it launched. Despite the high annual fee, this alternative is among the most coveted on the market. It offers generous travel benefits and a lucrative reward structure. This travel credit card offers outstanding point earning rates for customers who frequently use it for dining out and traveling.
This popular Chase product welcomes cardholders with a 60,000 bonus after spending $4,000 on purchases within the first three months of opening the account. This amount is equivalent to $900 travel credit when booking through Chase Ultimate Rewards. Moreover, the Sapphire Reserve gives users a $300 annual travel credit reimbursement after their account’s first anniversary.
This travel credit card also has a feature called Pay Yourself Back. This perk increases the value of the points earned by 50% when redeeming them for statement credits against existing purchases in rotating categories. Much like its Capital One rival, the Sapphire Reserve offers access to exclusive lounges at airports and up to $100 toward Global Entry or TSA PreCheck fees.
These are some of the primary benefits of using the Sapphire Reserve credit card.
More Attractive Earnings on Travel and Dining
The Chase Sapphire Reserve gives customers three points per dollar spent on dining and travel experiences. While it’s not a massive difference when compared to what the Capital One Venture X credit card offers, earnings pile up after a couple of purchases, especially for those who give themselves a good life.
Anniversary Travel Credit Offer
As mentioned above, this travel credit card offers account members up to a $300 annual travel credit after their first year with the account. This amount is automatically applied toward travel purchases made outside the bank’s portal, unlike its Capital One counterpart.
All points earned with the Sapphire Reserve credit card are transferable to eligible airline and hotel partners. This allows customers to maximize the value of their earned points. Some of the most renowned miles programs that are compatible with Chase’s point transfer program include:
Complimentary DashPass and Lyft Pink Membership
Customers can enjoy benefits from these partnering companies. They receive free deliveries and reduced service fees on qualifying food purchases with DashPass, DoorDash’s subscription service. They also get 15% off car rides, relaxed cancellations and priority airport pickups with Lyft.
Good To Know
Bonuses are big for these cards. Capital One Venture X offers 10,000 points on every anniversary. Chase Sapphire Reserve offers 50% more value when you redeem for travel through Chase Ultimate Rewards.
About Capital One Venture X
The Capital One Venture X Rewards credit card is one of the most heavily promoted Capital One travel products. This travel credit card offers customers:
- Attractive earnings
- Exclusive travel discounts
- Priority Pass lounge access
- Travel credits
Despite being considered an ultra-premium credit card, the Venture X has a relatively low annual fee when compared with other options on the market, including the Chase Sapphire Reserve. This relatively new travel credit card offers account members 75,000 bonus miles when spending $4,000 on purchases within the first three months of account opening.
In addition to the generous welcome bonus, the Venture X allows customers to earn 10,000 bonus miles per year starting with the first anniversary. Miles are not capped and can be transferred to over 15 partnering travel loyalty programs. The cherry on top? The Venture X gives cardholders up to $100 credit toward Global Entry or TSA PreCheck expenses to help them skip the never-ending lines at the airport.
These are some of the reasons Capital One’s Venture X is worth a shot.
Generous Welcome Bonus
The Venture X is all about spoiling frequent travelers from the start. What better way to do so than to offer them 75,000 miles as a welcome bonus after their first $4,000 spent within three months of opening the account? Of course, this means customers need to spend about $1,333.33 per month on average to harvest the benefits of this offer — which, for frequent travelers, may happen quite quickly.
More Affordable Annual Fee
Most ultra-premium credit cards come at a high price. However, the Venture X is the exception to the rule. This travel credit card charges customers a $395 annual fee, which is a whopping $155 lower than its Chase counterpart.
Additional Cards Free of Charge
The Venture X allows users to get authorized user cards with the full benefits of the main card. This is an excellent benefit for those who like sharing the perks of a travel credit card. Other options on the market, including the Chase Sapphire Reserve, charge hefty fees each time a cardholder requests a new authorized card.
Rewards on Non-Travel-Related Purchases
Some travel credit cards offer points only when spending money on certain categories. That’s not the case with the Venture X. This card allows users to earn two miles per dollar on the most mundane of purchases. This feature is great for those who like carrying only one rewards credit card instead of dividing expenses among numerous financial products.
What Both Cards Get Right
The Capital One Venture X and the Chase Sapphire Reserve both offer some distinctive features to gain a competitive edge. However, they’re not that different at heart. Here are some of the similarities they share:
Perks on Booked-Through-Portal Travel
Chase and Capital One have their own travel portals, in which they offer similar rates to the most competitive travel sites on the market. Both institutions reward cardholders with exclusive benefits and discounts when booking flights, hotels and car rentals using their platform.
For example, the Venture X and the Sapphire Reserve offer customers five points per dollar spent on flights and 10 points per dollar spent on hotels and car rentals through their respective travel portals.
There’s a reason people choose ultra-premium financial products: They like to treat themselves to the best of the best. Both the Venture X and the Sapphire Reserve are aware of that, and that’s why they offer cardholders exclusive perks to enhance their traveling experience.
The Sapphire Rewards spoils members with lounge access in thousands of airports around the world. Similarly, the Venture X allows users to take advantage of all Capital One airport lounges.
Both the Venture X and the Sapphire Reserve offer an extended warranty on eligible purchases for up to a year. They also provide purchase protection if the card gets misplaced or stolen.
Which Card Is Best For You?
Those who enjoy traveling regularly can benefit from both the Venture X and the Sapphire Reserve. While the Chase alternative has been around for longer and offers numerous perks, the Capital One travel credit card is the winner in this competition. Here’s why:
- The welcome bonus is more valuable
- The statement credits help offset the cost of the annual fee
- It offers authorized cards free of charge
- The annual fee is significantly cheaper
Cynthia Measom contributed to the reporting for this article.
Rates are subject to change; unless otherwise noted, rates are updated periodically. All other information on accounts is accurate as of Aug. 23, 2022.
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