Details: Capital One Venture X Vacation Rental Credit

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The Capital One Venture X is the new premium card from Capital One, which many of us have already asked for. The card offers the best welcome bonus of any credit card, as you can earn 100,000 Venture miles on minimum spend, plus a $200 vacation rental credit. In this article, I wanted to talk specifically about the $200 vacation rental credit, which I have received comments and questions from readers.

The welcome bonus is just one small reason to consider taking the Capital One Venture X $395 annual fee. On top of that, the card offers perks like a $300 annual travel credit, 10,000 birthday bonus miles, Priority Pass membership, access to Capital One Lounges, Hertz President’s Circle elite status, prime rental car coverage, cell phone protection, amazing benefits for authorized users , and more.

How long is the Venture X welcome bonus valid?

The Capital One Venture X offers a welcome bonus of 100,000 Venture miles after spending $10,000 in the first six months, plus a $200 vacation rental credit. Vacation Rental Credit is explicitly marketed as a “limited time offer”.

We don’t know when the offer will expire, so all we can do is speculate. Since this is a new product, I guess it all comes down to how many new cardholders Capital One was projecting, and that’s something most of us don’t have any data on .

Personally, I value Capital One miles at 1.7 cents each, so between the 100,000 Venture miles and the $200 vacation rental credit, I value the welcome bonus up to $1,900. It’s enormous.

Redeem Capital One miles for an Air France business class ticket

What can the $200 Venture X Vacation Rental Credit be used for?

How does the Capital One Venture X $200 vacation rental loan work? According to the terms:

  • Credit can be applied toward the purchase of vacation rentals, including from merchants like Airbnb, Turnkey, Vacasa, and VRBO.
  • Credit can be used in one or more transactions until $200 vacation rental credit is reached
  • No registration is required to use the credit, assuming you register while the card is offering it as part of the welcome bonus.
  • The credit should appear in your account within one to seven business days of making a qualifying purchase, but it may take up to two billing cycles.
  • The credit must be used within your first year as a cardholder and is in no way tied to the minimum spend requirement

It’s also worth pointing out that this is separate from the $300 Capital One Travel Portal Credit you receive with the card each cardholder year.

The Venture X offers vacation rental credit as part of the bonus

Venture X Vacation Rental Credit May Be More Valuable Than You Think

There is absolutely no guarantee that it will work for others, but I noticed something interesting on a recent purchase, which was picked up by several readers. I’m usually not very into vacation rentals, but I charged my Capital One Venture X for a recent hotel stay. To my surprise, the vacation rental credit was automatically applied to this purchase .

I also received an email telling me that I had used the vacation rental credit.

While this is absolutely not to be expected to continue to be the case, it seems anecdotal that home purchases are at least in some cases reimbursed as part of vacation rental credit. So if you have any upcoming hosting purchases and you have the Capital One Venture X, I recommend loading it onto the card. Don’t expect this to be credited, but don’t be surprised if it does.

It was certainly a pleasant surprise, considering the value the card already offers.

My vacation rental credit was applied to a hotel stay

At the end of the line

As part of its introductory offer, the Capital One Venture X is offering a welcome bonus of 100,000 Venture miles upon completion of minimum spend, plus a $200 vacation rental credit. Although this is a limited time offer, we don’t know how long it will last.

Under the terms, vacation rental credit applies to merchants classified as vacation rentals and will be applied automatically up to $200 in purchases, on one or more transactions. Beyond that, it seems at least anecdotal that certain other types of hosting purchases are also refunded.

I wouldn’t expect this to happen for everyone or in the long run, but I think it’s all the more reason to at least charge some hosting on the map, in hopes of trigger the credit. Not only did I notice this randomly, but I’ve heard similar reports from many other readers. This card truly offers incredible value…

If you have used the Capital One Venture X vacation rental loan, what was your experience?

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