How to upgrade or downgrade your Capital One credit card

With the Capital One Venture X Rewards Credit Card, you’ll rack up:

• 10X miles on hotels and rental cars booked through Capital One Travel
• 5X miles on flights and vacation rentals booked through Capital One Travel
• 2X miles on all other purchases

Plus, you’ll gain travel benefits like trip cancellation and interruption insurance, baggage delay reimbursement and an auto rental collision damage waiver.

The Venture X Card charges a $395 annual fee, which can be quite the jump in price if you’re upgrading from a card with no annual fee. If you don’t use your card often, you may not earn enough rewards to offset the fee. Like the other cards, you also won’t be eligible for a welcome bonus or any other introductory offers.