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This Capital One Venture X Rewards Credit Card vs Chase Sapphire Reserve® 2024 comparison helps you choose the better premium travel credit card for your travel style. Either card is an excellent fit for frequent flyers but both products offer different redemption options and benefits. Keep reading to learn about how they compare in this Capital One Venture X vs Chase Sapphire Reserve review.
Capital One Venture X Rewards vs Chase Sapphire Reserve Review 2024
The Capital One Venture X Rewards Credit Card is a premium credit card option from Capital One. This card comes with several benefits, including an annual credit of $300 when booking travel through Capital One, up to 10x miles on select purchases, and 10,000 bonus miles annually on your account anniversary.
The Chase Sapphire Reserve® is a premium offer from Chase that has recently gotten an upgrade. Along with the $300 annual travel credit, cardholders can also earn up to 10x points on select purchases and get 50% more value when redeeming travel through Chase Ultimate Rewards®.
So, which one is better? Let’s take a look at this Capital One Venture X vs Chase Sapphire Reserve review.
Related: Chase Sapphire Preferred vs Capital One Venture Credit Card Review
Annual Fees
Here are the primary and secondary card annual fees:
- Capital One Venture X: $395 (primary) and $0 per additional card
- Chase Sapphire Reserve: $550 (primary) and $75 per additional card
Neither card charges a foreign transaction fee, making these great options for international travel.
Signup Bonus
Both cards have some valuable offers for cardholders. If you can meet the minimum spend in the allotted amount of time, the bonus is worth it. You can also visit our roundup of the best credit card offers for more ideas and further information.
Capital One Venture X
Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel, with the Capital One Venture X Rewards Credit Card.
Chase Sapphire Reserve
New Chase Sapphire Reserve® cardholders can earn 60,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening. That’s $900 toward travel when redeemed through Chase Ultimate Rewards®.
You might consider this bonus if you prefer Ultimate Rewards or can reach this spending minimum ($4,000 instead of $10,000). However, you only have 3 months to get the bonus instead of 6 months.
To qualify for this bonus, you must not currently have a Sapphire Card or received a new Sapphire card member bonus in the last 48 months.
Earning Travel Rewards
You have more ways to earn bonus points with the Chase Sapphire Reserve. With either card, travel purchases can earn the most travel rewards.
Capital One Venture X
The Capital One Venture X Rewards Credit Card rewards categories are unlimited:
- 10x miles on hotels and car rentals booked through Capital One Travel
- 5x miles on flights booked through Capital One Travel
- 2x miles on all remaining purchases
Chase Sapphire Reserve
The Chase Sapphire Reserve® earns unlimited Ultimate Rewards on these purchases:
- 10x total points on hotels and car rentals through Chase Ultimate Rewards (after the first $300 in annual travel purchases)
- 5x total points on flights purchased through Chase Ultimate Rewards (after the first $300 in annual travel purchases)
- 3x points on all remaining travel purchases (after the first $300 in annual travel purchases)
- 10x points on Chase Dining purchases with Ultimate Rewards
- 3x points on remaining dining at restaurants, including eligible delivery services, takeout, and dining out
- 1x points on all remaining purchases
You will not receive rewards points on your first $300 in annual travel purchases as the annual travel statement credit reimburses these purchases.
One reason to consider this card is to earn Chase Ultimate Rewards that you can pool with your Chase Freedom or Chase Ink Business purchases.
Related: Chase Sapphire Reserve Credit Score Needed for Approval
Redeeming Rewards Points
The most valuable redemption option for your points/miles is award travel. However, each card offers different options.
Capital One Venture X
Your Capital One Venture X Rewards Credit Card miles are worth 1 cent for these two redemption options:
- Travel statement credits (on most travel purchases in the past 90 days)
- Upcoming travel through Capital One Travel
You can also transfer your miles to several airlines and hotels, usually at a 1:1 ratio. Most of the transfer partners are international airlines and you cannot transfer directly to the legacy domestic carriers.
Your miles are worth 0.8 cents for gift cards and online shopping credits.
Related: How To Redeem Capital One Venture Miles For Maximum Value
Chase Sapphire Reserve
Your points can be worth up to 50% more for award travel:
- Booking upcoming travel through Chase Ultimate Rewards means your points are worth 1.5 cents each
- 1:1 point transfers to airlines and hotels
- Gift cards (1 cent each)
- Cash back (1 cent each)
- Online shopping credits (0.8 cents)
Your points are more valuable and the transfer partners can be more relevant for booking domestic flights. Some of the transfer partners are United, Southwest, and JetBlue.
Related: 48 Best Ways to Use Chase Ultimate Rewards Points
Additional Travel Benefits
Both products are premium travel credit cards and have additional benefits that can be a huge help for frequent travelers.
Capital One Venture X Benefits
Capital One Venture X Rewards Credit Card offers airport lounge access and other perks.
Annual $300 Travel Statement Credit
Your first $300 in Capital One Travel purchases qualify for the annual credit. This credit doesn’t apply to purchases directly made from the travel provider like the Sapphire Reserve credit.
10,000 Miles Anniversary Bonus
You will receive 10,000 bonus miles ($100 value) each card anniversary when you pay the $395 annual fee.
Airport Lounge Access
You get complimentary access to the Capital One Travel and Priority Pass lounges for the primary cardholder and two guests. Each additional visitor costs $45 per visit at the Capital One Lounges (the first one just opened in Dallas-Ft. Worth).
Global Entry or TSA PreCheck
You will get up to $100 in application fee credits for Global Entry or TSA PreCheck.
Hertz President’s Circle Status
You get automatic Hertz President’s Circle Status (through December 31, 2024) and benefits include:
- Guaranteed upgrades
- Widest car selection
- Expedited check-in
Cell Phone Protection
Receive up to $800 in cell phone protection due to accidental theft or damage. Terms apply.
Chase Sapphire Reserve Benefits
These add-on Chase Sapphire Reserve® benefits are best for frequent flyers and getting complimentary travel insurance.
Annual $300 Travel Credit
The annual $300 travel credit reimburses your first $300 in travel purchases through Chase, directly from the carrier, or another third-party booking site.
Priority Pass Select Lounge Access
You will get free Priority Pass airport lounge access for primary/authorized users and up to 2 guests. Each additional guest costs $27 per visit.
Free Global Entry or TSA PreCheck
You will get up to $100 in application fee credits for Global Entry or TSA PreCheck.
Travel Insurance
The Sapphire cards are well-known for their robust travel insurance benefits:
- Trip cancellation/interruption insurance: Up to $10,000 per person ($20,000 per trip) for non-refundable travel purchases for covered reasons like sickness or weather.
- Trip delay reimbursement: Up to $500 per ticket for delays of 6+ hours.
- Emergency evacuation and transportation: Up to $100,000 for injuries or sickness.
- Lost luggage reimbursement: Up to $3,000 per passenger for lost or damaged baggage.
- Rental car insurance: Primary coverage of up to $75,000 for theft and collision.
Related: Chase Sapphire Rental Car Insurance Benefits Guide
When to Try for the Capital One Venture X
You might try for the Capital One Venture X Rewards Credit Card for these reasons:
- Has a more valuable signup bonus
- You may not qualify for the Sapphire Reserve signup bonus
- Prefer redeeming miles for travel statement credits
- Want a lower annual fee
- Desire the 10,000 points anniversary bonus
- Want Hertz President’s Circle status
- Are currently subject to the Chase 5/24 rule
The Capital One X is an exciting card because you get premium benefits with a low annual fee. Unless you’re dead set on earning Chase Ultimate Rewards or plan on regularly using the Chase 1:1 transfer partners, you can enjoy many of the same benefits (and a few different ones) at a lower annual cost.
When to Try for the Chase Sapphire Reserve
The Chase Sapphire Reserve® is the better option for these reasons:
- You earn Chase Ultimate Rewards
- Points are worth up to 50% more for award travel
- Better 1:1 airline and hotel transfer partners for domestic travel
- Want better travel insurance perks
- Can combine points with your Chase Freedom or Ink Business cards
- Has several partner offers with popular travel and lifestyle brands
Despite the higher annual fee, your points have more valuable redemption options. Plus, there are several ways to earn bonus rewards.
Related: 6 Reasons Why You Should Get the Chase Sapphire Reserve
Summary
In conclusion, either the Capital One Venture X or Chase Sapphire Reserve makes it easy to earn and redeem travel rewards for just about any trip. The additional benefits are most valuable for frequent flyers. But, you can also find value when you need to rent a car or book a hotel room.
75,000 bonus miles: Capital One Venture X Rewards Credit Card
60,000 Bonus Points Offer: Chase Sapphire Reserve®
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