Capital One Enterprise X rewards card evaluate: Premium journey advantages at a diminished value

Capital One Enterprise X Highlights

Card kind: Travel 

• Welcome Bonus: 75,000 bonus miles after spending $4,000 on purchases inside the first 3 months from account opening
• Annual charge: $395
• Rewards: Limitless 2x miles on each buy, together with 10x miles on resorts and rental automobiles and 5x on flights if you e book by Capital One Journey.

Capital One Enterprise X: Overview

The Capital One Venture X Rewards Credit Card is essentially the most inexpensive luxurious journey card available in the market. It presents advantages on par (and even exceeding) with its opponents, but has the bottom annual charge. You may even add licensed customers without spending a dime when opponents cost as much as $195 per yr for each. The cardboard earns a vast 2x miles on each buy, and cardholders have quite a few redemption choices, together with transferring to fifteen+ airline and resort companions.

Quite a few advantages await cardholders, together with complimentary airport lounge entry, an annual $300 journey credit score and 10,000 bonus miles annually you renew the cardboard. Utilizing your card for purchases additionally unlocks priceless protections for journey, purchases and cell telephones.

Who’s Capital One Enterprise X good for?

The Capital One Enterprise X is greatest for vacationers who need a luxurious journey card with out the premium annual charge. This card’s annual charge is as much as $300 lower than competing playing cards, even whereas providing related incomes energy, redemption choices and perks.

It is usually a superb alternative for individuals who need to add licensed customers. The Capital One Enterprise X Card doesn’t cost for licensed customers. By comparability, the Chase Sapphire Reserve expenses $75 per card and the American Specific Platinum Card expenses $195 every. Enterprise X licensed customers obtain a lot of the similar perks as the first cardholder, together with complimentary lounge entry.

Who shouldn’t get Capital One Enterprise X?

Whereas the Enterprise X presents many interesting advantages, it isn’t the fitting card for everybody. The cardboard presents restricted bonus classes, which makes it more durable for cardholders to maximise rewards on these purchases. It presents 2x miles on on a regular basis purchases, however competing playing cards provide bonus rewards on journey, eating and different spending classes. To earn larger charges, cardholders should e book journey by Capital One Journey, which isn’t all the time the best choice. For instance, resorts sometimes don’t award factors, keep credit or elite advantages on third-party bookings.

Moreover, the Enterprise Miles program could also be difficult for newbie vacationers. Whereas its journey companions provide extraordinary worth, lots of the names are unfamiliar to some folks. Capital One doesn’t associate with any of the most important home airways, like American, Delta, Southwest, Alaska, JetBlue or United. This will make it more durable to grasp the worth that’s out there and know learn how to switch or redeem miles and factors as soon as transferred.

Capital One Enterprise X: Learn how to earn rewards

When you will have a Capital One Enterprise X Card, there are quite a few methods to earn rewards. You’ll earn Enterprise Miles on purchases, as a welcome bonus and for renewing your card, simply to call just a few. Listed here are the commonest methods to earn rewards with this luxurious journey bank card.

Welcome bonus

Upon approval for the Enterprise X Card, chances are you’ll qualify for a welcome bonus based mostly in your spending. To earn the welcome bonus of 75,000 bonus miles after spending $4,000 on purchases inside the first 3 months from account opening ensure you hit the spending threshold earlier than the deadline. This bonus is price $750 in direction of journey booked instantly or by the Capital One journey portal.

On a regular basis purchases

Use your Enterprise X Card to earn 2x miles per greenback spent anyplace. You don’t want to fret about class bonuses or registering for limited-time promotions. Whereas the cardboard doesn’t provide bonus classes, some cardholders can earn extra rewards general since its base charge is double that of different playing cards. For instance, the Chase Sapphire Reserve and American Specific Platinum earn simply 1x factors on non-bonus class purchases.

Capital One Journey purchases

Cardholders can earn as much as 10x miles when reserving journey by Capital One Journey. By the financial institution’s portal, you’ll earn 10x miles on resorts and rental automobiles and 5x on flights. These rewards are on high of any rewards or different advantages you’ll earn by these journey associate’s loyalty applications.

Renewing your card

Capital One rewards cardholders for his or her longevity with 10,000 anniversary bonus miles yearly they renew the cardboard. These factors are price $100 towards journey booked instantly or by Capital One Journey. Mixed with the $300 annual journey credit score, these advantages offset the cardboard’s $395 annual charge.

Referring others to the cardboard

Cardholders can earn as much as 100,000 bonus miles annually by referring family and friends who get accredited for the Capital One Enterprise X Card. For every individual that’s accredited, you’ll earn 25,000 bonus miles. Nonetheless, needless to say chances are you’ll obtain a Type 1099, and the bonus could also be taxable.

Learn how to redeem Capital One Enterprise X miles 

Enterprise Miles is a versatile rewards program that provides quite a few redemption choices. Whereas Capital One presents totally different redemptions, typically, some choices provide larger worth than others.

Guide journey by Capital One

Cardholders can e book journey by the Capital One journey portal utilizing miles. When reserving flights, resorts, rental automobiles, and extra, you’ll get 1 cent per mile in worth. Not like some airline and resort loyalty applications, there are not any blackout dates or elevated costs if you redeem your Enterprise Miles.

Assertion credit for journey purchases

If you happen to don’t need to e book by the Capital One journey portal or your most popular vendor doesn’t take part, you should use your rewards to cowl journey purchases at a price of 1 cent per mile. Merely use your Capital One Enterprise X Card to make your reservation with the airline, resort, cruise, rental automobile or different journey vendor. You then have 90 days to redeem your miles to cowl all or among the transaction prices. This function permits cardholders to earn extra miles in the event that they don’t have sufficient to cowl the price as of the transaction date.

Switch to airline and resort companions

Capital One presents 15+ airline and resort companions the place you possibly can switch your miles. Generally, your miles switch on a 1:1 foundation, with a minimal switch of 1,000 miles. These companions embody Air Canada, Cathay Pacific, Emirates and Wyndham Rewards. The worth of your miles varies relying on the way you redeem your rewards one they’ve transferred to your chosen airline or resort loyalty program.

Money again, present playing cards and extra

There are quite a few different choices out there to Enterprise X cardholders. Nonetheless, many of those choices present lower than 1 cent per mile in worth. Whereas they provide much less worth than different choices, they may nonetheless be an honest redemption based mostly in your monetary scenario.

Enterprise X charges and charges

• Buy APR: 19.99%–29.99% variable
• Annual charge: $395
• International transaction charge: None

Extra advantages

The Capital One Enterprise X Card is overflowing with advantages that cardholders could take pleasure in. The extra you benefit from these advantages, the simpler it’s to justify paying the cardboard’s annual charge.

• Annual journey credit score. Every year, you’ll obtain a $300 journey credit score that you should use when reserving reservations by Capital One Journey.
• Airport lounge entry. The Enterprise X offers limitless entry to greater than 1,300 Capital One Lounges, Precedence Cross lounges and Plaza Premium lounges. Complimentary entry is accessible for the cardholder and as much as two visitors.
• International Entry or TSA PreCheck reimbursement. You’ll obtain reimbursement as much as $100 as soon as each 4 years when paying utility charges with our Enterprise X Card.
• Premier Assortment advantages. Reserving resorts by the Premier Assortment contains unique advantages like each day breakfast for 2, a $100 expertise credit score and extra.
• Journey protections. If you e book journey with the Capital One Enterprise X Card, you’re protected in case your journey is delayed, canceled or interrupted. Advantages additionally embody main rental automobile safety and misplaced baggage protection.
• Buy protections. Eligible purchases obtain an prolonged guarantee of as much as one yr at no additional value. Moreover, cardholders are lined with buy safety towards theft or harm and return safety in case the service provider gained’t settle for an eligible return.
• Cellphone safety. Pay your cellular phone invoice with the Enterprise X Card, and it is going to be lined towards loss, theft or harm. This profit contains as much as two claims each 12 months as much as $800 every with a $50 deductible.
• Free licensed customers. Cardholders can add licensed customers with out paying an extra charge. The licensed customers may use advantages like lounge entry and journey protections.

Bank cards just like Capital One Enterprise X

Whereas the Enterprise X is a standout card amongst journey rewards bank cards, there are a few playing cards from different issuers that provide related advantages.

Chase Sapphire Reserve vs. Capital One Enterprise X

The Chase Sapphire Reserve® is a premium journey bank card with one of the vital priceless rewards applications. It earns 3x Final Rewards factors on journey and eating purchases and as much as 10x factors when reserving journey and eating by Chase Final Rewards. Factors could be redeemed for journey, money again and extra. If you e book journey by Chase, your factors are price 50% extra, so its welcome bonus of 60,000 factors is price $900 in journey. Chase additionally companions with 14 airline and resort the place you possibly can switch factors on a 1:1 foundation.

Advantages of the Sapphire Reserve embody complimentary airport lounge entry, premium journey protections and a $300 annual journey credit score. Of the playing cards on this checklist, it’s the just one whose Precedence Cross membership additionally contains entry to collaborating eating places. Its annual journey credit score can be essentially the most versatile because it applies to any purchases that code as journey. The Reserve card has a $550 annual charge, and it prices $75 per licensed person.

The Platinum Card from American Specific vs. Capital One Enterprise X

The The Platinum Card® from American Express presents greater than $1,500 in worth in change for its $695 annual charge. Cardholders have an array of credit that cowl airline charges, eating, purchasing and extra. Nonetheless, many of those credit should be used month-to-month; in any other case, they’re misplaced. Advantages additionally embody entry to the International Lounge Assortment, advantages by Superb Resorts & Resorts and journey protections. It’s the solely premium journey card that provides complimentary Hilton Honors and Marriott Bonvoy Gold standing.

The Amex Platinum card has restricted incomes energy since its solely bonus classes are 5x on flights booked instantly or by Amex Journey and 5x pay as you go resorts booked by Amex Journey. All different purchases earn simply 1x factors. Amex Membership Rewards have a number of redemption choices, together with the flexibility to e book journey, improve money flights and 21 resort and airline switch companions.

To view charges and charges of The Platinum Card® from American Specific, see this page.

Is Capital One Enterprise X best for you?

The Capital One Enterprise X Card presents great worth with its strong perks and low value. It contains complimentary lounge entry, premium journey protections, cellular phone insurance coverage and extra. Whereas it has a $395 annual charge, the cardboard’s annual $300 journey credit score and 10,000 anniversary factors offset that value. Plus, you possibly can add licensed customers for no extra value, which is a profit that many luxurious journey playing cards don’t provide.

You’ll earn 2x miles on each buy, which is double what you’d earn on competing playing cards for non-bonus class spending, and as much as 10x miles when reserving journey by the financial institution’s portal. Miles could be redeemed for journey, assertion credit and extra, plus you possibly can switch them to fifteen+ airline and resort companions to e book award journey.

The Enterprise X Card presents a ton of worth, however it isn’t the only option for some vacationers. Its annual journey credit score may also be used on Capital One Journey reservations. The Precedence Cross membership doesn’t embody restaurant advantages. Moreover, some vacationers will not be educated about Capital One switch companions to grasp learn how to e book journey or maximize rewards.

Steadily requested questions

Is Capital One Enterprise X arduous to get accredited?

For the perfect odds of getting accredited, it is best to have wonderful credit score. This implies your credit score rating must be 740 or larger. Contemplate taking steps to spice up your credit score rating forward of making use of by paying down balances, ensuring all funds are made on time and avoiding pointless inquiries.

Is the Capital One Enterprise X Card price it?

Sure, this premium journey card is price it for individuals who journey ceaselessly. It contains priceless protections for journey, purchases and your cellular phone, and perks like airport lounge entry make journey extra fulfilling. It’s simpler to justify this card’s annual charge for the reason that $300 journey credit score and 10,000 anniversary factors offset its value.

How a lot is 75,000 Capital One miles price?

The worth of Enterprise Miles relies on how they’re redeemed. It’s potential to get 1 cent per mile or larger worth on journey by reserving by Capital One Journey, getting assertion credit for journey purchases or transferring miles to airline and resort companions.

Please word that card particulars are correct as of the publish date, however are topic to alter at any time on the discretion of the issuer. Please contact the cardboard issuer to confirm charges, charges, and advantages earlier than making use of.