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 late 2023.

And now, new cardholders can earn a huge 300,000-mile bonus, the best-ever on this card — for a hefty spending requirement.

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

Apply here: Capital One Venture X Business card

Capital One Venture X Business welcome offer

New applicants can earn up to 300,000 bonus Capital One miles: 150,000 miles after spending $20,000 in the first three months from account opening and an additional 150,000 after spending $100,000 in the first six months.

TPG values Capital One miles at 1.85 cents each, thanks to the valuable option to transfer them to Capital One’s 15-plus hotel and airline partners. If you can meet the spending requirement and earn the bonus, it’s worth $5,550. That’s almost unheard of for a travel rewards credit card and is the best offer we’ve seen on this card.

THE POINTS GUY

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 still worth an impressive $3,000.

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

Related: Best ways to maximize Capital One miles

Capital One Venture X Business key benefits

The business version of the Venture X has many major benefits and the same 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
Annual 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), Dulles International Airport (IAD) and Denver International Airport (DEN) — as well as Priority Pass and Plaza Premium lounges

EMILY THOMPSON/THE POINTS GUY

Access to luxury hotels: Cardholders can access 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
Annual fee: The $395 annual fee (see rates and fees) is easily offset by the value of the annual 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: Capital One Venture X vs. Venture X Business

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

To learn more about the card, read our full review of the Venture X Business.

Apply here: Capital One Venture X Business