It has become more difficult to earn welcome bonuses on multiple popular sites. capital one cards, as Capital One has implemented a 48-month restriction on its entire family of Venture cards.
This includes the Capital One VentureOne Rewards Credit Card ($0 annual fee), the Capital One Venture Rewards Credit Card ($95 annual fee) and Capital One Venture X Rewards Credit Card ($395 annual fee).
Basically, the new rule limits cardholders to moving “down” within the Venture package (in terms of annual fees) if they opened a new Venture family card and earned a bonus in the last 48 months.
Capital One still allows those with lower annual fee products to be approved for a Venture family card that charges a higher annual fee, so “up” movement within the lineup is allowed.
Here are the full details.
The new rule of Capital One’s Venture family
Because this new Venture family rule restricts movement “downward” in terms of annual fees, the current Company X Cardholders who applied for the card and received the bonus in the last 48 months are the most affected.
This is because Venture VentureOne either Company card. A Capital One representative confirmed to TPG that those who are denied VentureOne or Venture may be eligible for a “version of VentureOne with modified terms” without a welcome bonus.
Let’s break it down by card to understand how the rule relates to each product.
- If you are applying for VentureOne: You are not eligible for the card or bonus if you earned the VentureOne, Venture, or Venture X bonus in the last 48 months.
- If you are applying for the Venture: You are not eligible for the card or bonus if you earned the Venture or Venture X bonus in the last 48 months. If you only opened or received the VentureOne bonus, you are eligible for the Venture card and the bonus.
- If you are applying for the Venture: You are not eligible for the card or bonus if you opened or earned the Venture X bonus in the last 48 months. If you only opened or received the Venture or VentureOne bonus, you are eligible for the Venture X card and its bonus.
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Capital One has limited cardholders to a 48 month waiting period between earning welcome bonuses on the same personal card from 2023, so this new rule essentially expands the restriction to all Venture-branded cards.
The other from Capital One application restrictions require you to wait six months between approvals for new Capital One cards, including personal and business cards.
Related: 6 Things to Do When You Get Capital One Venture
Capital One Venture Lineup Welcome Bonuses
If you’re eligible for a new Capital One card in your Venture family, you might want to apply for one of these welcome offers:
- VentureOne: Receive $100 to use on Trip to Capital One in your first year as a cardholder (no spending required), plus earn 20,000 miles after you spend $500 on purchases in the first three months of account opening.
- Company: Earn 75,000 miles after you spend $4,000 on purchases within the first three months of account opening.
- Company X: Earn 75,000 miles after you spend $4,000 on purchases within the first three months of account opening.
TPG October 2025 ratings Consider that Capital One miles are worth 1.85 cents each, and there are many ways to maximize your rewards to make them even more valuable.
Related: This month’s best credit card welcome bonuses
In a nutshell
It is now more difficult to get approved and receive a bonus on cards within the Capital One Venture family if you already have a Venture product and received it in the last 48 months.
This is an especially negative change for Company X cardholders who have earned the bonus on that card in the last 48 months, as they cannot be approved or receive the bonus on any other personal Venture card until that 48-month period expires.
You can still “move up” the Venture family ladder, starting with the VentureOne before going to Company or Venture X (or go from Venture to Venture X). Still, it’s important to consider all application restrictions when applying for a new card.
