A Capital One Venture X Benefit Bites The Dust, But Does It Matter?

January 9, 2024 at 09:29 EDT By Spencer Howard

Thrifty Traveler: "Capital One made a splash with the debut of the Capital One Venture X Rewards Credit Card back in 2021. A premium travel rewards credit card with benefits and perks worth more than its middle-of-the-road $395 annual fee? It seemed too good to be true."

"So far, Capital One has resisted the urge to hike the card's annual fee in favor of trimming back benefits. Just last year, we saw the bank remove access to Priority Pass Restaurant and devalue the card's $300 travel credit. Now we know the next benefit to get the axe: Complimentary Hertz President's Circle status."

Venture X cardholders will continue to have access to the President's Circle benefit through December 31, 2024.

Points Wire Note:

If you regularly rent cars from Hertz and are the kind of person who sticks to one credit card, this change will sting a bit. If you don't rent cars regularly, I don't think it's a huge blow. Similarly, if you're someone who has put together a combo of credit cards with a variety of benefits, this can change can be offset. You can get Hertz President's Circle with  Amex Platinum or Amex Business Platinum.

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