Related: The ultimate guide to credit card application restrictions Can I upgrade to Venture X as an existing Venture cardholder? So if you’re getting near that limit and the Venture X would set you over it, you might want to apply for a Chase card first and then look to the Venture X, since Capital One does not have such a restriction in place at this time. That’s because this card will fall under Chase’s “5/24 rule,” meaning you likely will not be approved for a Chase credit card if you’ve opened five or more personal credit cards across all banks in the last 24 months. For instance, you may want to consider a Chase credit card before the Venture X. Anecdotally, though, reports indicate that Capital One may have made it easier to be approved for the Venture X, even if you’ve had multiple card applications in the recent past.īe strategic about when you apply. You’re typically only able to get approved for one Capital One card every six months.Ĭapital One is also pretty sensitive when it comes to recent credit inquiries if you’ve applied for other cards lately. Cobranded cards and small-business cards (such as the Capital One Spark Miles for Business) are generally excluded.Ĭapital One is also known to have a rule when it comes to timing your applications. Historically, Capital One has restricted the number of its personal credit cards you have open to two. Related: Capital One launches Venture X, its first-ever premium travel credit card What are the application restrictions for Capital One cards? That’s great news, since it means you can apply for the Venture X’s excellent 75,000-mile sign-up bonus and rack up even more Capital One Miles toward travel, even if you already have the Venture. Both were then able to get approved for the Venture X, less than a year from when they applied for the Venture. See privacy policy.įor example, TPG’s Nick Ewen and David Slotnick both applied for the Capital One Venture when it offered an up-to-100,000-mile welcome bonus back in April 2021. The Points Guy will not share or sell your email. I would like to subscribe to The Points Guy newsletters and special email promotions. Can I apply for Venture X as an existing Venture cardholder? If you’re considering Venture X, here are answers to eight of the major questions you might have.įor more TPG news, deals and reviews delivered to your inbox, sign up for our daily newsletter. Learn More: Capital One Venture X with 75,000 bonus miles after you spend $4,000 on purchases in the first three months from account opening.īut there is even more value lurking just beneath the surface, including eligibility to apply even if you’re already an existing Capital One Venture Rewards Credit Card cardholder (so you can score the card’s solid welcome bonus), the ability to add authorized users for free and robust cardholder protections via the card’s Visa Infinite affiliation. Highlights include up to $300 in annual statement credits for bookings made through the Capital One Travel portal, access to Capital One Lounges and Priority Pass lounges and a 10,000-mile anniversary bonus for each cardmember year. The $395-per-year Venture X not only undercuts its main competitors in terms of an annual fee, but it also includes a list of valuable (and comprehensive) perks. The Capital One Venture X Rewards Credit Card launch in November of 2021 represented one of the most exciting credit cards to come around in a long time.Īs Capital One’s flagship card, the Venture X is an addition to the world of premium travel rewards cards, taking on incumbent players like The Platinum Card® from American Express and Chase Sapphire Reserve.
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