Capital One Venture X vs Costco Anywhere Visa®
Side-by-side comparison
| Capital One Venture X | Costco Anywhere Visa® | |
|---|---|---|
| Annual fee | $395 | No annual fee |
| Welcome offer | 75,000 Miles | No current offer |
| Dining | 2x | 3x |
| Groceries | 2x | 1x |
| Gas | 2x | 4x |
| Travel | 5x | 3x |
| Streaming | 2x | 1x |
| Everything else | 2x | 1x |
| Est. yearly rewards* | $637 | $452 |
| Points type | Transfers to airlines & hotels | Cash back only |
| 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 Capital One Venture X earns about $637 a year in rewards and the Costco Anywhere Visa® about $452, valuing every point at a flat 1 cent. The Capital One Venture X charges $395, but carries about $500 in annual statement credits that offset it for anyone who uses them. The Costco Anywhere Visa® has no annual fee, so its rewards are all profit. Counting rewards, fees, and any credits, the Capital One Venture X delivers more total value, about $40 a year more for a typical spender, mostly because it earns more where you spend most, on everything else and groceries. The bigger difference is the ceiling: the Capital One Venture X earns points you can move to travel partners for outsized value, while the Costco Anywhere Visa® pays plain cash back. Favor the Capital One Venture X if you will use travel transfers, the Costco Anywhere Visa® 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 Capital One Venture X if your spending leans toward groceries, travel, streaming. Pick the Costco Anywhere Visa® if your spending leans toward dining, gas.