As first reported by Doctor of Credit this morning, Capital One today soft launched its own answer to Amex’s Fine Hotels and Resort Collection and Chase’s Luxury Hotel and Resort Collection. GSTP reached out to the issuer for clarification, and a Capital One spokesperson confirmed that all Venture X cardholders can now make reservations via its new Premier Collection on Capital One Travel.
Exclusively bookable for Venture X cardholders, Capital One’s Premier Collection includes a selection of luxury hotels and resorts, each “hand-picked for exceptional quality.” A few examples of the hotels that can be booked via Capital One’s Premier Collection include:
- The Ned NoMad, New York City
- COMO Cocoa Island, Maldives
- Montage Laguna Beach, California
- 1 Hotels South Beach, Florida
- La Réserve Paris Hotel and Spa, Paris
- COMO Castello Del Nero, Italy
- Sugar Beach, a Viceroy Resort, St. Lucia
- Euphoria Retreat,Greece
- Hotel Cafe Royal, London
- Majestic Hotel,Barcelona
- The Carlin Hotel,New Zealand
- The Plettenberg, South Africa
Integrated into Capital One Travel, Venture X cardholders earn 10X miles per dollar on Premier Collection bookings. In addition to the 10X earn, Venture X cardholders will receive the following benefits when booking through the new Premier Collection:
- A $100 USD experience credit (or the local equivalent) to use on dining, spa, and other activities during their stay
- Daily breakfast for two
- Complimentary Wifi
- Additional premium benefits – when available – such as early check-in, late checkout, a room upgrade, and more
In order to book Premier Collection hotels and resorts, Venture X cardholders will need to log into their account and access the Capital One Travel portal. Once on the Capital One Travel site, Venture X cardholders will have the ability to search for Premier Collection properties, in addition to the standard flight, hotel and rental car inventory already bookable via Capital One Travel.
Capital One isn’t debuting anything groundbreaking or innovative here, as its Premier Collection is pretty much a copycat of American Express’s Fine Hotels and Resorts Program (bookable for Amex Platinum cardholders) and Chase’s Luxury Hotel and Resort Collection (bookable for Chase Sapphire Reserve cardholders).
Capital One’s Premier Collection benefits are on par with Chase’s LHRC product and both programs offer basically the same perks. However, compared to American Express’s FHR program, the Capital One Premier Collection is behind the curve, as it isn’t guaranteeing late 4 PM checkout like Amex does.
In addition, with Capital One being brand new to the space, its Premier Collection does not offer the same quantity of properties as Amex FHR and Chase LHRC. Amex’s FHR program offers Platinum cardholders the ability to book at 1,300+ properties worldwide, while Chase’s LHRC program gives Sapphire Reserve cardholders the choice to book at 1,000+ hotels and resorts globally. In comparison, Capital One currently only has “hundreds” of properties bookable via its Premier Collection for Venture X customers.
Now, I am sure it is Capital One’s intention to launch this new feature to customers, so that they can book and enjoy the properties that Capital One has already have onboarded to the program. And I am also sure that it is Capital One’s intent – in order to better compete with Amex Platinum and Chase Sapphire Reserve – to add more and more hotels and resorts to the Premier Collection over time. We asked Capital One for more info on this, and a spokesperson told us, “This is just the beginning – we look forward to growing the collection in a thoughtful way that opens the door to new experiences and destinations for our customers.”
All of that being said, Venture X is still the perfect premium travel card for most people out there. It’s also great to see that Capital One keeps adding more perks to Venture X, without taking anything away or raising the annual fee.
Only time will tell how Capital One will bolster the Premier Collection offering compared to its established competitors in the space, but overall, we’re happy to see additional, premium travel benefits launch for Venture X customers.