Capital One Venture X Upgrade Offer, Get 50K Points with $5K Spend

The new Capital One Venture X card has been quite popular since it launched on November 9th. The card comes with a big welcome bonus and valuable benefits that even make it worth keeping long term with the $395 annual fee. Then there are impressive benefits for free authorized users as well, such as Priority Pass membership.

But one issue with Capital One is that they do a credit check for all three credit bureaus. And to make things worse, there’s no guarantee of approval even with a good credit score. 

But some people could be able to get the new Venture X card without worrying about applying. The issuer is targeting some current cardholders with an offer to upgrade to the Capital One Venture X card and earn a 50,000 points bonus. Check out the details of this Venture X upgrade offer below.

Offer

Earn 50,000 bonus miles when you spend $5,000 on purchases in the first three months after you upgrade. We value you as a Capital One customer—that’s why we’re excited to offer you an opportunity to experience Venture X WITHOUT APPLYING. All you have to do is claim your offer to upgrade by December 02, 2021.

There’s no link for this offer. You must have received an email directly from Capital One.

Guru’s Wrap-up

This is a good opportunity to get the new Capital One Venture X card for those who normally get turned down by Capital One. It is also a pretty good bonus without a hard pull, or three, for those that worry about Chase 5/24 limit. 

But, on the other hand, it is only half the bonus you would get if you apply for the card. You get 50,000 points, which are worth $500 or more, instead of 100,000 points. Also this upgrade offer doesn’t seem to include the $200 in statement credits for vacation rental purchases like Airbnb and VRBO. So that’s about $700 less when you upgrade, compared to applying for the card.

HT: DoC