Capital One’s premium credit card offering made waves when it launched because of its competitively low annual fee and its best-in-class perks for cardholders — and their authorized users.

Let’s take a look at these benefits as well as how to maximize the Capital One Venture X Rewards Credit Card.

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1. Earn the welcome bonus

Sign-up bonuses can play a large role in the value of a credit card, especially when they’re high. The Capital One Venture X Rewards Credit Card features one of the largest welcome offers on the market: Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.

NerdWallet, however, values Capital One Miles at 1.4 cents each, which makes this bonus worth at least $1,050 by our metrics.