Once we speak concerning the Capital One Venture X Rewards Credit Card, we are likely to concentrate on its cheap $395 annual price (see rates and fees) that also unlocks useful perks — together with a $300 annual travel credit by means of Capital One Journey, extensive airport lounge access and the choice so as to add up to four authorized users with none further charges (see rates and fees).
On high of those main perks, cardholders at present obtain rental automobile advantages by means of complimentary Hertz President’s Circle status.* Nonetheless, this perk will quickly finish.
The Enterprise X’s wonderful print signifies that the Hertz President’s Circle standing is now solely accessible by means of Dec. 31, 2024. A Capital One consultant has confirmed that that is the top date for the profit, as first reported by Thrifty Traveler.
President’s Circle standing conferred some strong perks for Hertz renters, together with bonus Gold Rewards factors on leases, upgrades (topic to availability) and a wider choice of autos to pick from the Final Selection lot. Our exams even discovered that you simply’d still enjoy these benefits when reserving by means of Capital One Travel to earn 10 miles per greenback spent.
Sadly, this can not be accessible in 2025.
This profit minimize is in keeping with a sample we have seen from Capital One just lately. The issuer removed Priority Pass restaurant access in late 2022 and introduced final month that holders of the Capital One Venture Rewards Credit Card and Capital One Spark Miles for Business will lose their two annual airport lounge passes starting Jan. 1, 2025.
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Whereas seeing a card lose a profit and not using a substitute is all the time disappointing, this elimination won’t possible be a deal breaker for many cardholders. The lounge entry, annual $300 journey credit score, and a strong incomes fee of two Capital One miles per greenback spent present sufficient worth for many cardholders to simply justify the $395 annual fee. The issuer even opened two new lounges in 2023 — at Washington D.C.’s Dulles Worldwide Airport (IAD) and Denver Worldwide Airport (DEN).
Nonetheless, if automobile rental standing is a vital perk to you, take into account switching to The Platinum Card® from American Express when this Enterprise X profit goes away. With the Amex Platinum, you will get rental automobile advantages from complimentary Hertz President’s Circle status plus standing with Avis and Nationwide. Many different playing cards provide rental car status, and a few of them additionally embrace primary car rental coverage.
Alternatively, you possibly can snag automatic Hertz elite status as a Delta Medallion member. In truth, each Platinum and Diamond Medallions are eligible for complimentary President’s Circle standing.
* Upon enrollment, accessible by means of the Capital One web site or cell app, eligible cardholders will stay at upgraded standing stage by means of Dec. 31, 2024. Please be aware that enrolling by means of the traditional Hertz Gold Plus Rewards enrollment course of (e.g., at hertz.com) won’t routinely detect a cardholder as being eligible for this system, and cardholders won’t be routinely upgraded to the relevant standing tier. Further phrases apply.
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