One of the crucial in style premium journey rewards bank cards is the Capital One Enterprise X Rewards Credit score Card (see charges and charges).
Whereas its $395 annual price is important, the cardboard gives a number of journey perks — from an up-to-$300 annual journey assertion credit score for purchases made by way of Capital One Journey to lounge entry to as much as 4 free approved customers — that may simply offset the total yearly price of the cardboard.
The cardboard is a step up from the Capital One Enterprise Rewards Credit score Card (see charges and charges), the tried-and-true Capital One product that expenses an annual price of $95 however nonetheless gives a style of what its dearer sibling supplies.
In fact, the Enterprise X is not for everybody. Let’s dig deeper to see who ought to — and should not — apply for this card.
Key Capital One Enterprise X advantages
The Capital One Enterprise X is presently providing a sign-up bonus of 75,000 bonus miles if you spend $4,000 on purchases within the first three months from account opening.
These 75,000 miles are value at the very least $750 when redeemed for journey instantly by way of Capital One Journey or as assertion credit towards different journey purchases. However their worth is boosted to $1,388, based on TPG’s newest valuations, because of a strong set of airline and resort switch companions.
Whereas that is perhaps alluring sufficient by itself, the cardboard extends loads of different priceless, on a regular basis advantages:
- Incomes: The Enterprise X earns 10 miles per greenback on resorts and automobile leases booked by way of Capital One Journey, 5 miles per greenback on flights booked by way of Capital One Journey and an infinite 2 miles per greenback on every thing else
- Assertion credit score: As much as $300 again in assertion credit yearly for bookings made by way of Capital One Journey
- Anniversary bonus: 10,000 bonus miles each account anniversary, beginning in your first anniversary (value at the very least $100 towards journey)
- Lounge entry: Complimentary entry for cardholders, approved customers and as much as two friends per go to to Capital One Lounges and for all friends touring with the cardholder or approved person to greater than 1,400 Precedence Cross lounges worldwide
- Approved customers: As much as 4 approved customers will be added at no cost, and so they additionally get the identical visitor entry because the cardholder for the Capital One Lounge and Precedence Cross
- International Entry or TSA PreCheck: As much as $100 in assertion credit for both TSA PreCheck or International Entry
- Annual price: $395(see charges and charges).
Who ought to get the Enterprise X?
In case you’re contemplating the Enterprise X, let’s slender down why the cardboard may finest suit you.
You need simplicity in a premium card
The Enterprise X bank card is a premium card that’s easy to know. Not like another merchandise with a dizzying array of assertion credit and third-party companions, the Enterprise X retains its perks comparatively simple.
Actually, the Enterprise X gives advantages that even newbie vacationers can maximize, together with a $300 annual journey credit score by way of the journey portal (resorts, airfare and rental vehicles qualify). The Enterprise X additionally adopts a easy incomes construction, accruing 2 miles per greenback on most expenses, complemented by elevated incomes charges for bookings made by way of Capital One Journey.
As well as, Enterprise X cardholders obtain 10,000 bonus miles each account anniversary. These miles are value $100 when redeemed by way of the journey portal or probably much more should you switch miles to an airline or resort accomplice.
Simple arithmetic will present that between the annual journey credit score and bonus miles on every account anniversary, you are already breaking even on the $395 annual price(see charges and charges). And that does not embody quite a lot of different perks.
You need entry to airport lounges
Whereas increasingly journey bank cards appear to supply airport lounge entry as of late, the Enterprise X nonetheless has a number of options that set it aside on this respect.
Enterprise X cardholders have entry to a rising community of Capital One Lounges. Presently, two are open, at Dallas Fort Price Worldwide Airport (DFW) and Dulles Worldwide Airport (IAD). The lounges have a contemporary design, premium eating experiences and a strong grab-and-go choice.
As well as, Enterprise X cardholders get entry to over 1,400 Precedence Cross lounges worldwide.
You need free approved customers
Enterprise X cardholders can add as much as 4 approved customers for free of charge.
That is a wonderful worth proposition, contemplating approved customers get limitless entry to Capital One Lounges and Precedence Cross lounges worldwide — with the identical visitor insurance policies because the cardholder.
As well as, approved customers get Hertz President’s Circle elite standing. By registering by way of your Capital One account, your approved person can take pleasure in top-tier standing with Hertz automobile leases.
Upon enrollment, accessible by way of the Capital One web site or cellular app, eligible cardholders will stay at upgraded standing degree by way of December 31, 2024. Please word, enrolling by way of the traditional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) is not going to robotically detect a cardholder as being eligible for this system, and cardholders is not going to be robotically upgraded to the relevant standing tier. Further phrases apply.
You need a few of the finest journey safety advantages
This Visa Infinite card gives a few of the business’s most complete journey and journey safety advantages.
That features journey cancellation and interruption insurance coverage, journey delay reimbursement, misplaced baggage reimbursement, cellphone safety, main rental automobile safety, buy safety, prolonged guarantee safety and return safety.
Who should not get the Enterprise X?
Whereas the Enterprise X is a powerful, high-end card, it is not for everybody. Let’s take a better look.
You need a strong community of premium lounges proper now
The Enterprise X gives in depth journey perks, however so far, it has simply two proprietary airport lounges open.
Certainly, whereas Capital One has grand ambitions with its personal lounge community, Amex has a major head begin with Centurion Lounges at greater than 20 airports, in addition to the International Lounge Assortment, which incorporates Precedence Cross and Delta Sky Golf equipment (when flying on the identical day with Delta).
Subsequently, sure flyers who typically hit the lounge may desire a card like The Platinum Card® from American Specific.
You do not journey a lot or plan to leverage switch companions
To really maximize the Enterprise X card, you need to think about leveraging Capital One’s switch program.
Capital One has made a number of important developments to its mileage program over the previous few years, together with shifting from simply fixed-rate redemptions to including airline and resort switch companions and bettering mileage switch charges. Presently, there are 18 airline and resort switch companions, with 16 transferring at a 1:1 ratio. In case you do not use switch companions, the most effective you are able to do is a redemption charge of 1 cent per mile.
Nonetheless, by using switch companions, there are a number of candy spot redemption alternatives, together with economic system flights to Hawaii for simply 7,500 Capital One miles by transferring to Turkish Miles&Smiles and redeeming for United business-class flights to South America for 50,000 Capital One miles by transferring to TAP Miles&Go.
The Capital One Enterprise X Rewards Credit score Card is a wonderful choice for these out there for a premium bank card with easy-to-digest advantages. Nonetheless, for these searching for a card with higher lounge entry or who do not want the flexibleness of airline and resort switch companions, there could also be higher choices on the market. That stated, we predict the cardboard is almost a no brainer for vacationers starting from luxurious seekers to the extra budget-minded.
Be taught extra in our full overview of the Enterprise X.