Is the Venture X still worth $395 a year?

At renewal there's no welcome bonus left, just the fee against what the card earns and the credits you actually use. Here's that renewal year for three spending profiles, compared with downgrading or switching to a no-fee card. Terms verified Oct 5, 2026.

Profile	Venture X after fee	Best alternative	Pays	Verdict
Everyday spender About $2,000 a month, mostly groceries and errands, one trip a year.	$625	Capital One Venture	$625	Close call
Balanced About $3,500 a month with a few trips a year and regular dining out.	$1,165	Capital One Venture	$1,165	Close call
Frequent traveler About $5,000 a month, heavy on flights, hotels and restaurants, some trips abroad.	$1,705	Wells Fargo Autograph	$1,782	Cancel or downgrade Keep only if lounge access, Global Entry credit and elite status are worth over $77 a year to you.

Profiles use typed totals, so merchant credits (rideshare, delivery, streaming) aren't counted here.Answer a few questions in the calculator below and the verdict updates.

The credits, and what it takes to use them

Up to $300 a year on paper. They only offset the fee to the extent you'd have spent that money anyway.

Credit	How it works
$300 annual Capital One Travel credit	Primary account holders get $300 each account year to use on purchases made through Capital One Travel (applied at checkout). Expires at the next account-open anniversary; no rewards earned on the portion paid by the credit. Counted when your own travel spend is at least the credit amount, on the assumption you'd book that much through the issuer's travel site. Book through the issuer's travel site.

Credit

How it works

$300 annual Capital One Travel credit

Primary account holders get $300 each account year to use on purchases made through Capital One Travel (applied at checkout). Expires at the next account-open anniversary; no rewards earned on the portion paid by the credit. Counted when your own travel spend is at least the credit amount, on the assumption you'd book that much through the issuer's travel site. Book through the issuer's travel site.

Run it on your own spending

The calculator needs JavaScript. The table above is precomputed.

Downgrade instead of closing: The issuer usually lets you product-change to the Capital One Venture, which keeps your account age and credit line. Ask before you cancel.

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