Bank of America® Customized Cash Rewards vs Capital One Venture X
Side-by-side comparison
| Bank of America® Customized Cash Rewards | Capital One Venture X | |
|---|---|---|
| Annual fee | No annual fee | $395 |
| Welcome offer | $200 online cash rewards bonus | 75,000 Miles |
| Dining | 3x | 2x |
| Groceries | 2x | 2x |
| Gas | 3x | 2x |
| Travel | 3x | 5x |
| Streaming | 1x | 2x |
| Everything else | 1x | 2x |
| Est. yearly rewards* | $491 | $637 |
| Points type | Cash back only | Transfers to airlines & hotels |
| Network | Visa | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of household spending, the Bank of America® Customized Cash Rewards earns about $491 a year in rewards and the Capital One Venture X about $637, valuing every point at a flat 1 cent. The Bank of America® Customized Cash Rewards has no annual fee, so its rewards are all profit. The Capital One Venture X charges $395, but carries about $500 in annual statement credits that offset it for anyone who uses them. The two are effectively tied on value, with the Capital One Venture X marginally ahead, mostly because it earns more where you spend most, on everything else and travel. The bigger difference is the ceiling: the Capital One Venture X earns points you can move to travel partners for outsized value, while the Bank of America® Customized Cash Rewards pays plain cash back. Favor the Capital One Venture X if you will use travel transfers, the Bank of America® Customized Cash Rewards if you want simplicity. On the sign-up bonus, the Capital One Venture X currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Bank of America® Customized Cash Rewards if your spending leans toward dining, gas. Pick the Capital One Venture X if your spending leans toward travel, streaming, everything else.