(Last Day) Capital One Venture X Business: Reduced Minimum Spend For Bonus

UPDATE: This offer is scheduled to end on March 11, 2024.

Until recently, the Capital One Venture X Business has a welcome offer of 150,000 Capital One Miles if you spent $30,000 in 3 months. Needless to say, that is a steep minimum spend requirement.

However, Capital One just launched a two-tier welcome offer that's worth a look:

• Earn 150,000 miles after spending $20,000 in 3 months
• Earn an extra 150,000 miles after spending a total of $100,000 in 6 months

To clarify, to earn the second part of the bonus, you need to spend an additional $80,000 on top of the initial $20,000. So, you can get 150,000 miles for $20,000 spent and 300,000 from $100,000 spent within the appropriate timeframe.

Since the card earns 2x on everyday spend, you'd also earn 2x on that $100,000 for an additional 200,000 miles.

The annual fee is $395, but it comes with an annual $300 credit toward the Capital One travel portal.

As always, we appreciate when you use our links.

Points Wire Note:

Let's be clear, the minimum spend required is still steep. However, it's much better than the previous requirement.

While only select businesses will have the spend necessary to hit the second tier of the welcome bonus, the reduced spend required to earn 150,000 miles will make this card more attractive to many business owners.

If you're trying to stay under 5/24 so you can get another Chase card, please note that this card will not show on your personal credit report. That means it won't impact your 5/24 status.