8 frequently asked questions about the Capital One Venture X card

The Capital One Venture X Rewards Credit Card is one of the most popular options among premium travel rewards cards.As Capital One's flagship consumer card, the Venture X competes with established products like the American Express Platinum Card® and Chase Sapphire Reserve® (see rates and fees).The $395-per-year Venture X not only undercuts its main competitors in terms of an annual fee but also includes valuable perks, like a $300 annual Capital One Travel credit, airport lounge access and 10,000 bonus miles each account anniversary.If you're considering adding the Venture X to your wallet, here are answers to eight frequently asked questions.Can I apply for the Venture X as an existing Venture Rewards cardholder?Yes, you can apply for the Venture X card even if you currently have the Capital One Venture Rewards Credit Card.There is one important distinction about welcome bonus eligibility, though. Similar to American Express's family rules, Capital One has a 48-month restriction on welcome bonuses for cards with lower annual fees.MINISERIES/GETTY IMAGESFor example, if you've received the Venture X's welcome bonus within the last 48 months, you won't be eligible to open a Capital ...