Capital One Venture X Business

Annual fee (primary): $395 (ongoing; no first-year waiver published)

Employee card fee: $0 for employee cards. Optional lounge access for additional cardholders is $125/year per person (up to 4). Cards without lounge access stay free.

Purchase APR: Marketing: 25.74% variable on the portion you elect to carry. Formal disclosure box does not print a purchase APR — it states the balance is due in full. No published Prime+ band.

Intro APR (purchases): Not offered

Intro APR (balance transfers): Not offered. Balance transfers and access checks are not allowed (disclosure 31812).

Foreign transaction fee: $0

Cash advance APR: Not disclosed in the public rates box (cash advances are available)

Late payment fee: 2.99% of the unpaid portion of the minimum payment. Because the minimum equals the New Balance, a missed due date is expensive.

Penalty APR: Not listed. Unclear whether a penalty APR can still be applied under the full cardmember agreement.

Other fees: Accounts Payable: 2.9% if you fund a vendor ACH/check with the card (ACH/check from bank account is $0; virtual-card delivery of a card payment is $0). No overlimit fee (NPSL). Rush/paper-statement/minimum-interest charges not disclosed. FX markup is not a separate FTF; network/issuer conversion still applies.

Credit limit: No preset spending limit. Does not mean unlimited spending. Capacity adapts to spending behavior, payment history, credit profile, and other (including external) factors. Confirm Purchasing Power online or by phone before large charges.

Personal guarantee: Required in practice / exact clause not on the public product page. Capital One educational copy treats PGs as typical on business cards; secondary sources (Nav, Ramp) state Cap One business cards require a PG.

Credit check: Application collects SSN/ITIN, rent/mortgage, personal contact. Hard pull is the Cap One / industry norm; pre-approval tool is marketed as no-impact. Whose credit: authorizing signatory; beneficial owners/controllers also collected.

Recommended credit: Excellent (issuer). Third-party guidance commonly ~720+ / 740–850. Guidance only, not a cutoff.

Employee cards: Free; public copy does not numerically cap count. Roles: authorized user vs account manager (more admin rights). Custom spend limits, real-time posting, lock/unlock. Primary remains liable. No complimentary lounge access for additional cardholders unless $125/year add-on (up to 4).

Virtual cards: Offered for online spend; store-specific numbers available. Some customers ineligible or delayed ~30 days after opening (Cap One help). Not a Ramp-style unlimited vendor-locked control suite.

Product type: Hybrid business charge card with no preset spending limit (NPSL). Official terms: all charges due in full; minimum payment equals New Balance. Marketing allows carrying a portion at 25.74% variable APR (Pay Over Time). Not a traditional revolving line.

Network: Visa or Mastercard depending on account (official benefits copy refers to both; do not assume one network until the plastic arrives)

Travel

• ✓ Capital One Lounges and Landings for the primary (physical card or in-app digital pass; access not guaranteed, space-limited)
• ✓ Priority Pass participating lounges (~1,300+); enrollment required in app after activation. Venture X Business: up to 2 complimentary PP guests per visit; extra guests $35. (Personal Venture X lost free PP guests; business kept them.)
• ✓ Cap One Lounge/Landing guests (policy as of Feb 1, 2026+): $45 adult / $25 ages 2–17 / under 2 free. Two free Lounge guests and one free Landing guest if the account spends ≥ $75,000 in a calendar year.
• ✓ Additional cardholders: no complimentary lounge access. Optional $125/year per person, up to four, covers Cap One Lounges, Landings, and PP.
• ✓ Up to $120 GE / TSA PreCheck every 4 years; NEXUS not named
• ✓ Premier Collection / Lifestyle Collection perks when booked via the portal ($100 / $50 experience credit)
• ✓ Hertz President’s Circle: marketed on third-party summaries and some Cap One tiles after enrollment — confirm on the live benefits tab; do not import the consumer-only enrollment page
• ✓ Trip delay/cancel/interrupt, baggage, travel accident: network benefits not fully posted as a public PDF Guide to Benefits for this SKU. Secondary tables have described trip cancel/interrupt (~$2,000/traveler) and related coverage — caps and Visa vs Mastercard differences are Unclear. Do not copy consumer Venture X Infinite figures.
• ✓ Auto rental CDW: widely described as primary when the vehicle is rented primarily for business, full rental paid with the card, agency CDW declined. Geography lives in the Guide. Cap One’s generic help lists primary CDW for consumer Venture X, not this SKU by name.
• ✓ Roadside dispatch listed on the generic Capital One business-card benefits page
• ✓ No airline incidental credit or companion certificate (the $300 is portal travel, not an airline fee credit)

Purchase Protections

• ✓ Purchase protection / extended warranty / return protection / cell-phone protection: included on premium Cap One cards but network-dependent. Official caps are not in a public issuer benefits PDF for this SKU.
• ✓ Secondary after a reported Mastercard→Visa shift on some VX Business accounts: cell-phone coverage falling from $800 to $600 per claim, $50 deductible, 2 claims per 12 months, monthly wireless bill paid with the card. Verify Guide to Benefits on the issued network.
• ✓ Entertainment 5X is a rewards rate, not ticket insurance

Business Tools

• ✓ Receipts and notes in account; year-end summary if open, good standing, and ≥1 transaction in the calendar year
• ✓ QuickBooks Online called out for Accounts Payable sync; CSV / Quicken / Excel export. Native NetSuite/Sage/Expensify not advertised as first-party.
• ✓ Capital One Business Travel (policies, admins, 24/7 support, corporate hotel rates marketed)
• ✓ Accounts Payable included, no platform fee; 2.9% when card-funding vendor ACH/check. Marketing video mentions deferring payments up to 45 days when paying by card — confirm in-product.
• ✓ Virtual cards, lock, alerts, lounge pass, Confirm Purchasing Power in Capital One Mobile