Capital One to restrict lounge access for some cardholders, NY Times reports

Capital One (COF) is restricting access to its airport lounges starting early next year, The New York Times’ Christine Chung reports. Under the policy change, Venture X and Venture X Business cardholders will no longer be able to bring free guests or additional cardholders. The change is due to overcrowding from the lounges’ growing popularity. “We thought carefully about these changes, and we remain committed to delivering a differentiated premium travel card for our customers,” a bank spokesperson said in an emailed statement.