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Capital One Venture X vs Chase Sapphire Reserve: Which Is Better in 2026?

Melvyn Kim
Founder & Editor · Published May 15, 2026
B.A. Economics

The verdict

On typical spending the Capital One Venture X Rewards nets $181 a year after fees, $568 more than the Chase Sapphire Reserve® at −$387. The Capital One Venture X Rewards stays ahead at every spending level we model.

Who earns more, by the numbers

Spending levelCapital One Venture X RewardsChase Sapphire Reserve®Winner
Light spender ($1,200/mo)−$107/yr−$592/yrCapital One Venture X Rewards
Typical spender ($2,400/mo)$181/yr−$387/yrCapital One Venture X Rewards
Heavy spender ($4,500/mo)$685/yr−$28/yrCapital One Venture X Rewards

Net of annual fees, typical category mix at baseline point values. The same card wins at every spending level here.

Capital One Venture X Rewards

Capital One

2.8/5
Annual Fee:$395
APR:19.49%-28.49% variable
Welcome Bonus: 75,000 bonus miles after spending $4,000 in the first 3 months
Rewards: 10X miles on hotels and rental cars via Capital One Travel, 5X miles on flights via Capital One Travel, 2X miles on everything else
EARNS MORE ON TYPICAL SPEND

Chase Sapphire Reserve®

Chase

2.6/5
Annual Fee:$795
APR:19.49%-27.99% variable
Welcome Bonus: 100,000 bonus points after spending $6,000 in the first 3 months
Rewards: 8X Chase Travel (including The Edit), 4X flights booked direct, 4X hotels booked direct, 3X dining worldwide, 1X everything else

The tables above are computed from each card's typed rewards rates and current
fees, on the same spending profiles used across the site. Editorial context to
follow.

FAQ

Which is better, the Capital One Venture X Rewards or the Chase Sapphire Reserve®?
On typical spending the Capital One Venture X Rewards nets $181 a year after fees, $568 more than the Chase Sapphire Reserve® at −$387. The Capital One Venture X Rewards stays ahead at every spending level we model.
What is the annual fee difference between the Capital One Venture X Rewards and the Chase Sapphire Reserve®?
The Capital One Venture X Rewards charges $395, versus $795 for the Chase Sapphire Reserve® — a $400 difference every year.
Which has the better welcome bonus?
The Chase Sapphire Reserve®, at 100,000 points (~$1,000) as of 2026-07-29. Bonuses change often — each card's page carries the date we last recorded it.