The Capital One Enterprise X Rewards Credit score Card is a implausible choice on the subject of journey rewards bank cards.
With an annual price that undercuts the competitors and plentiful, easy-to-understand perks, the cardboard is usually a no brainer for vacationers, from luxurious seekers to the extra budget-minded.
At the moment, new Enterprise X cardholders can earn 75,000 bonus miles after spending $4,000 on purchases within the first three months from account opening.
In keeping with TPG’s October 2024 valuations, 75,000 Capital One miles are price as much as $1,388 for those who use the issuer’s worthwhile switch companions. All that may have you ever taking one other have a look at Capital One and the Enterprise X. If that’s the case, this is what you want to know in regards to the card and its present provide.
Capital One Enterprise X welcome provide
With the Enterprise X’s present welcome provide, new cardholders can earn 75,000 miles after spending $4,000 on purchases within the first three months of account opening.
Capital One miles are price one cent apiece when redeemed for journey, both instantly by Capital One Journey or as a press release credit score towards journey purchases.
Nevertheless, in keeping with TPG’s October 2024 valuations, 75,000 Capital One miles are price $1,388 due to this system’s 15-plus switch companions, which you’ll be able to simply leverage for much more worth.
This bonus is a promoting level in and of itself, however let’s break down the cardboard’s different options.
Key advantages of the Capital One Enterprise X
The Enterprise X is Capital One’s tackle the premium journey rewards bank card.
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With a $395 annual price, the cardboard undercuts costlier opponents on this area, similar to The Platinum Card® from American Specific ($695, see charges and charges) and the Chase Sapphire Reserve® ($550).
However a aggressive annual price is just the start.
The Enterprise X confers the next advantages on cardholders:
- Incomes: The Enterprise X earns 10 miles per greenback on lodges and automobile leases booked through Capital One Journey, 5 miles per greenback on flights and trip leases booked through Capital One Journey and an infinite 2 miles per greenback on all the pieces else.
- Annual credit score: Cardmembers will obtain a $300 credit score yearly for bookings made by Capital One Journey.
- Anniversary bonus: The cardboard pays 10,000 bonus miles in your account anniversary, beginning in your first anniversary. As of October 2024, TPG values these 10,000 miles at as much as $185 when utilized with Capital One’s switch companions.
- Lounge entry: Cardholders, approved customers and as much as two visitors per go to get complimentary entry to Capital One Lounges, greater than 1,600 Precedence Go lounges (excluding eating places) and Plaza Premium lounges.
- Luxurious resort perks: The brand new Capital One Premier Assortment gives free breakfast, room upgrades and different perks at collaborating lodges and resorts. Cardholders also can entry Capital One’s Way of life Assortment.
- Licensed customers: Further approved customers could be added at no cost.
- International Entry or TSA PreCheck: Cardholders can obtain as much as $120 in assertion credit for both TSA PreCheck or International Entry.
- Stacking automobile rental perks: Cardmembers can stack automobile rental perks with Hertz.*
It is price noting how the Enterprise X begins with the inspiration of the Capital One Enterprise Rewards Credit score Card, the issuer’s mainstay rewards card, and builds from there.
The Enterprise X options important however unfussy perks that even inexperienced vacationers can maximize. It retains the identical, easy incomes construction, accruing 2 miles per greenback on most expenses, complemented by elevated incomes charges for bookings made through Capital One Journey and a bunch of different perks.
You even have a useful redemption scheme with the Enterprise X: easy, fixed-value choices for learners and higher-value switch choices for the extra skilled rewards customers.
*Upon enrollment, accessible by the Capital One web site or cellular app, eligible cardholders will stay at that standing degree by the period of the provide. Please word, enrolling by the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) won’t routinely detect a cardholder as being eligible for this system and cardholders won’t be routinely upgraded to the relevant standing tier. Further phrases apply.
How does the Enterprise X examine in opposition to different playing cards?
With a $395 annual price, the Enterprise X falls throughout the premium journey playing cards class. Two principal opponents come to thoughts: the Amex Platinum and the Chase Sapphire Reserve.
Whereas each of those playing cards include considerably larger annual charges — $550 for the Sapphire Reserve and $695 for the Amex Platinum — additionally they embrace extra perks and, within the case of the Reserve, extra flexibility.
Amex Platinum: Extra lounges, extra complexity and a better annual price
The Amex Platinum remains to be the front-runner on the subject of lounge entry, with its International Lounge Assortment and entry to American Specific Centurion Lounges, Delta Sky Golf equipment (when on a same-day Delta flight)**, Precedence Go lounges and extra. Enrollment is required for choose advantages; phrases apply.
Whereas Capital One has lofty ambitions with its personal lounge community, Amex has a major head begin with Centurion Lounges all through the U.S. and in locations like London (LHR) and Hong Kong (HKG).
However the Enterprise X isn’t all about lounge entry; it is also about worth and ease. That is the place the Amex Platinum falters.
The Amex Platinum has a considerably dizzying laundry record of advantages and perks, together with a number of totally different built-in assertion credit doled out in increments from month-to-month to semiannually, yearly and each 4-4½ years.
When you can offset the Amex Platinum’s hefty annual price with these included credit, it is rather a lot to maintain monitor of them. The Enterprise X beats out the Amex Platinum from the attitude of pure ease.
**Efficient 2/1/25, eligible Platinum Card Members will obtain 10 Visits per Eligible Platinum Card per yr to the Delta Sky Membership or to Seize and Go when touring on a same-day Delta-operated flight.
Chase Sapphire Reserve: Extra flexibility, larger annual price
The Chase Sapphire Reserve is one other key Enterprise X competitor. The Sapphire Reserve comes with an annual assertion credit score perk that’s maybe one of many best to make use of — $300 towards any journey, from lodges to ride-hailing providers to airways and rather more.
It isn’t simply Capital One that’s leaning into its journey portal. Chase Sapphire Reserve cardholders additionally earn bonus factors at related charges to the Enterprise X when reserving by Chase Journey℠, with 10 factors per greenback on resort and automobile rental purchases and 5 factors per greenback on airfare.***
As well as, the Chase Sapphire Reserve has a devoted 1.5-cent redemption charge for journey booked by its portal, considerably surpassing the 1 cent per mile you get with the Enterprise X when reserving by Capital One Journey.
Coupled with journey companions, Chase Final Rewards are valued at as much as 2.05 cents apiece, in keeping with TPG’s October 2024 valuations.
Nevertheless, with a $550 annual price and restricted Chase airport lounge availability within the U.S., the Enterprise X nonetheless provides the Sapphire Reserve a run for its cash.
***Elevated incomes charge on eligible journey purchases triggers after the $300 annual journey credit score is acquired.
Associated: Battle of the premium journey rewards playing cards — which is greatest for you?
Lengthy-term worth proposition
Here is the mathematics simplified: For those who can maximize the $300 annual credit score towards Capital One Journey, the Enterprise X’s annual price successfully comes right down to $95, the identical annual price because the Capital One Enterprise Rewards Credit score Card.
Add in a ten,000-mile bonus for each account anniversary (price $185, in keeping with TPG’s October 2024 valuations) and lounge entry, and the Enterprise X turns into much more engaging as a must have journey card.
Backside line
The Capital One Enterprise X is usually a nice choice for a lot of vacationers, and the cardboard will probably develop into extra compelling over time as Capital One continues to put money into its rewards program and its lounge community.
The Enterprise X matches properly in a aggressive area of premium rewards playing cards, together with established gamers from Amex and Chase. For those who worth simplicity, a user-friendly journey portal and a rising community of airport lounges, contemplate including the Enterprise X card to your pockets.
For those who’re curious how the private Enterprise X compares to the Enterprise X Enterprise, try our card showdown.
To be taught extra, learn our full overview of the Capital One Enterprise X.
Study extra: Capital One Enterprise X
Associated: How Enterprise X saved me over $6,000 on a summer time journey to France
For charges and charges of the Amex Platinum Card, click on right here.
For Capital One merchandise listed on this web page, a number of the advantages could also be supplied by Visa® or Mastercard® and will fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
