Venture X Business is live (requires application through a business relationship manager) as of May 1st. It is essentially a business copy of the personal Venture X card, except this one currently comes with an insane signup bonus. The insane part is that the full signup bonus requires half a million spent on the card.
The signup bonus allows you to earn up to 300k miles with:
- 150,000 miles when you spend $30,000 in the first 3 months
- and an additional 150,000 miles when you spend $500,000 in the first year.
And of course, the footnote says “The bonus may not be available for existing or previous Capital One Business cardholders. These spend bonuses may be earned independently, meaning you may earn one or both.”
Closing Thoughts
Is it safe to say that Capital One had enough of churners? I doubt this is stopping hardcore churners who were chasing them since 150k for 30k spent isn’t a bad deal, especially considering that this is a keeper card.
