Capital One Enterprise X Card Assessment: The No-Brainer Premium Card

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Hyperlink: Apply now for the Capital One Enterprise X Rewards Credit score Card (Charges & Charges)

The Capital One Enterprise X Rewards Credit score Card is a card that’s in a league of its personal. I’d say this card is sort of too good to be true, because of all of the superb advantages it provides for an affordable charge. The Enterprise X has an enormous welcome bonus, an important return on on a regular basis spending, lounge entry, numerous useful journey perks, and unequalled approved consumer advantages.

Let’s check out all points of the cardboard, together with the welcome bonus, annual charge, rewards construction, perks, and extra.

Capital One Enterprise X 75K miles welcome bonus

The Capital One Enterprise X is providing a welcome bonus of 75,000 miles after spending $4,000 on purchases inside the first three months. Personally, I worth Capital One miles at 1.7 cents every, so to me, the 75,000 miles are value ~$1,275. That is considered one of the very best bank card bonuses on the market.

Word that you simply’re eligible for this card (together with the bonus) even in case you have the usual Enterprise product, so you’ll be able to apply outright. Whereas there could also be alternatives to product change, you gained’t obtain the brand new card member bonus if you happen to go that route.

E-book superior journey with Capital One miles

Capital One Enterprise X approval ideas & methods

Capital One generally is a quirky card issuer in relation to getting authorised for playing cards. Anecdotal studies counsel that lots of people are having luck with approvals for the Capital One Enterprise X, which is nice. A number of issues to notice:

  • Sure, you might be eligible for the Capital One Enterprise X (together with the bonus) even in case you have the Capital One Enterprise, however it is advisable to apply outright; product altering doesn’t qualify for the bonus
  • In the event you’re added as a licensed consumer on the Capital One Enterprise X (or another Capital One card), you might be eligible to use for the cardboard your self sooner or later, and obtain the bonus
  • Capital One doesn’t appear to have any constant guidelines in relation to getting authorised, no less than not like Amex and Chase; folks with every kind of credit score profiles are reporting approvals
  • Capital One pulls your credit score from all three bureaus if you apply, although personally I don’t contemplate that to be an enormous deal

Study extra about getting authorised for the Capital One Enterprise X.

Many are having luck getting authorised for the Enterprise X

Capital One Enterprise X $395 annual charge

The Capital One Enterprise X has a $395 annual charge (Charges & Charges). Word that this annual charge is for the first card member, after which you’ll be able to add as much as 4 approved consumer playing cards at no additional value (Charges & Charges). Not solely are you able to rack up rewards for his or her spending, however you can too get them some superior perks.

Whereas that annual charge may sound important, everybody ought to have the ability to get outsized worth from that charge, and holding onto the cardboard ought to find yourself costing you little or no. I’ll discuss that in additional element under, however the card provides two annual advantages that greater than offset the annual charge, in my view.

Capital One Enterprise X rewards construction

The Capital One Enterprise X has a profitable rewards construction, and provides 2-10x Capital One miles per greenback spent, all with no overseas transaction charges (Charges & Charges). Let’s go over the main points of every of those factors.

Enterprise X 5-10x miles with Capital One Journey

The Capital One Enterprise X provides bonus rewards for journey booked via the Capital One Journey portal. Particularly, you’ll be able to earn 10x miles on inns and rental automobiles booked by way of Capital One Journey, and 5x miles on flights booked by way of Capital One Journey.

Based mostly on my valuation of 1.7 cents per Capital One mile, that’s like a 17% return on inns and rental automobiles, and an 8.5% return on flights. Some folks may discover it to be worthwhile to e book via Capital One Journey to earn these rewards, however there’s usually a chance value to utilizing a portal.

Earn as much as 10x Capital One miles with Capital One Journey

Enterprise X 2x miles on all different purchases

One of many best issues in regards to the Capital One Enterprise X is that it provides a minimal of 2x Capital One miles on all purchases. That makes this probably the greatest playing cards for on a regular basis spending, as I worth that at a 3.4% return on spending. I’d extremely advocate utilizing this card as your private card for on a regular basis spending, because you gained’t discover a higher return on another card, in my view.

Whereas another playing cards might have profitable bonus classes, you’ll be able to’t beat the benefit and common worth of incomes 2x miles on all purchases.

Earn a minimal of 2x Capital One miles on all purchases

Enterprise X no overseas transaction charges

The Capital One Enterprise X has no overseas transaction charges (Charges & Charges), making it an important card for purchases overseas. Not solely are you able to keep away from overseas transaction charges (which will be round 3% on another playing cards), however you’ll be able to earn rewards overseas as properly.

Make purchases overseas with no overseas transaction charges

Capital One Enterprise X perks & rewards

The Capital One Enterprise X actually stands out in relation to the perks provided by the cardboard. This contains every part from a $300 annual Capital One Journey credit score, to 10,000 Enterprise anniversary bonus miles, to lounge entry, and far, far more. What’s particularly noteworthy in regards to the card — and actually unprecedented — is the variety of perks that approved customers additionally obtain. Let’s go over the main points of every of those factors.

Enterprise X $300 annual Capital One Journey credit score

The Capital One Enterprise X provides a $300 annual credit score that can be utilized via Capital One Journey, beginning your first yr. You may apply this to a $300 buy via Capital One Journey, and may use it towards a flight, resort, or rental automobile. That is fairly easy to make use of — my most well-liked methodology is to easily e book a $300+ flight, and get $300 off that buy quantity.

I’d contemplate that credit score to roughly be value face worth, so to me that’s the equal of a roughly 75% rebate on the cardboard’s $395 annual charge (Charges & Charges).

Apply your $300 journey credit score towards a flight buy

Enterprise X 10,000 miles anniversary bonus

The Capital One Enterprise X provides 10,000 Capital One miles in your account anniversary yearly, beginning in your first anniversary. At a minimal, you’ll be able to redeem these 10,000 miles for one cent every towards a journey buy, in order that’s value a minimal of $100. Nonetheless, if you happen to’re a savvy factors redeemer, you may get much more worth out of that perk.

Redeem Capital One miles for Emirates top quality

Enterprise X Precedence Move membership

The Capital One Enterprise X provides each the first card member and as much as 4 approved customers a Precedence Move membership. A Precedence Move membership gives entry to 1,300+ lounges around the globe. With the Precedence Move membership issued via the cardboard, you’ll be able to carry two company into lounges with you at no additional value.

Entry airport lounges worldwide with Precedence Move

Enterprise X Capital One Lounge entry

The Capital One Enterprise X provides each the first card member and as much as 4 approved customers entry to Capital One Lounges. To this point, Capital One has lounges in Dallas (DFW), Washington (IAD), and Denver (DEN), and these are glorious, significantly better than your typical Precedence Move lounge. They characteristic seize & go meals, chilly brew on faucet, and scrumptious meals and drinks to get pleasure from within the lounge.

Capital One Enterprise X card members obtain limitless visits to Capital One Lounges, and may carry two company with them. In the event you fly out of DFW, IAD, or DEN with any frequency, there’s large worth to accessing a Capital One Lounge, in my view.

Entry Capital One Lounges with the cardboard

Enterprise X Plaza Premium Lounge entry

The Capital One Enterprise X provides entry to Plaza Premium Lounges for each the first card member and as much as 4 approved customers. You may carry up two company into these lounges.

These days many Plaza Premium Lounges additionally take part in Precedence Move, so you’ll be able to entry many of those lounges in two methods. Nonetheless, there are some lounges that take part solely in Precedence Move, or which have higher phrases when accessing via a card straight providing Plaza Premium entry.

Entry Plaza Premium Lounges with the cardboard

Enterprise X Hertz President’s Circle elite standing

The Capital One Enterprise X provides Hertz President’s Circle standing for the first card member and approved customers. This standing with Hertz provides perks like having the ability to skip the counter, assured upgrades, free further drivers, and extra. In the event you lease from Hertz with any frequency, this ought to be value fairly a bit.

Obtain Hertz President’s Circle standing with the cardboard

Enterprise X World Entry or TSA PreCheck credit score

The Capital One Enterprise X provides a TSA PreCheck or World Entry charge credit score as soon as each 4 years. You simply must cost the appliance charge to your card, and it’ll routinely be reimbursed. Each of those applications supply lots of worth if you happen to’re a frequent flyer. I like to recommend signing up for World Entry, since that comes with TSA PreCheck, whereas the inverse isn’t true.

Get a TSA PreCheck credit score with the cardboard

Capital One Enterprise X approved consumer perks

One thing that basically units the Capital One Enterprise X other than all different premium playing cards is the approved consumer perks. For my part this makes this the one greatest card for households. You may add as much as 4 approved customers on the non-public model of the Enterprise X, they usually obtain many of the identical perks, together with:

  • A Precedence Move membership
  • Capital One Lounge entry
  • Hertz President’s Circle standing

The principle issues approved customers aren’t getting are an incremental $300 Capital One Journey credit score, 10,000 anniversary bonus miles, and a World Entry or TSA PreCheck credit score. That is fairly actually probably the most profitable card for approved customers, and you’ll’t beat this type of a setup for households.

Get lounge entry for the entire household with the cardboard

Capital One Enterprise X buy safety (rental automobiles, journey, cell telephones)

One factor that many individuals search for in premium bank cards is nice buy safety. The Capital One Enterprise X is a Visa Infinite Card, and because of this, it provides some useful peace of thoughts:

  • For rental automobiles, the Enterprise X provides main rental automobile protection; simply decline the collision harm waiver provided by the automobile rental firm, and pay for the complete worth of the rental together with your card
  • For cell telephones, the Enterprise X provides cellphone safety; simply pay your month-to-month invoice with the cardboard, and also you’ll be protected with a $50 deductible
  • For flights, the Enterprise X provides journey delay reimbursement; pay to your airline ticket with the cardboard, and if you happen to’re delayed by greater than six hours or have an in a single day keep, you will be reimbursed as much as $500 for affordable bills incurred due to the delay
  • For baggage, the Enterprise X provides misplaced baggage reimbursement; pay to your airline ticket with the cardboard, and in case your bag is misplaced, you will be reimbursed

In fact, you’ll wish to seek the advice of the cardboard member settlement for all of the phrases, since there are at all times some restrictions related to this protection. However that is extremely well-rounded protection, and what I search for in a premium card.

Obtain cellphone safety with the cardboard

Tips on how to redeem Capital One miles

As you’ll be able to see above, the Capital One Enterprise X earns Capital One miles, and also you earn a minimal of 2x miles per greenback spent on purchases. How are you going to truly redeem these miles, although? There are a few methods to most effectively redeem Capital One miles:

  • Miles will be redeemed for one cent every towards the price of a journey buy
  • Miles will be transferred to Capital One’s airline and resort companions, sometimes at a 1:1 ratio

Let’s briefly discuss each of these redemption strategies.

Redeem Capital One miles towards journey prices

One strategy to redeem Capital One miles is on the charge of 1 cent per mile towards the price of a journey buy. This implies you’re incomes two cents per greenback spent towards journey, for the reason that card provides limitless 2x miles.

If you wish to redeem your miles towards the price of a journey buy, one of the best ways to take action is with overlaying journey purchases. With this, you can also make an eligible journey buy utilizing your card, after which you’ll be able to go browsing after the very fact and use your miles to pay for the acquisition inside 90 days of the date of buy. Your credit score will then be utilized inside two to a few days.

Eligible journey purchases utilizing your Capital One miles embody purchases constructed from airways, inns, rail traces, automobile rental businesses, limousine providers, bus traces, cruise traces, taxi cabs, journey brokers, and timeshares.

It’s so good to have the flexibleness to make your journey buy nonetheless you’d like, after which have the acquisition reimbursed after the very fact. Alternatively, you’ll be able to e book via the Capital One Journey Portal, and pay to your buy straight with miles.

I can’t emphasize sufficient how profitable it’s to no less than get a return of two cents on the greenback on all your small business spending. A overwhelming majority of individuals utilizing journey rewards playing cards for on a regular basis spending aren’t getting that degree of return.

Use your Capital One miles for a keep at a luxurious resort

Convert Capital One miles into airline or resort factors

Personally my most well-liked strategy to redeem Capital One miles is to switch them to Capital One’s airline and resort companions. Capital One has practically 20 journey companions, starting from Air Canada Aeroplan, to Air France-KLM Flying Blue, to British Airways Govt Membership, to Emirates Skywards, to Turkish Airways Miles&Smiles.

In the event you put some effort into studying redeem miles & factors, you may get approach outsized worth this fashion. Let me give one instance. Turkish Airways Miles&Smiles is a Capital One Enterprise switch associate, and I lately redeemed 45,000 miles for a one-way enterprise class ticket on Turkish Airways from Chicago to Istanbul to Frankfurt.

If paying money, that ticket would value have hundreds of {dollars}. In the meantime I booked it for simply 45,000 miles, the equal of $450 value of journey. Not dangerous, eh?

E-book enterprise class tickets with Capital One miles

Is the Capital One Enterprise X value it?

The Capital One Enterprise X is jaw-droppingly beneficiant, and that’s not even accounting for the cardboard’s welcome bonus. The cardboard has a $395 annual charge (Charges & Charges), which is decrease than the charges of different premium bank cards. However the card shouldn’t be costing anybody practically that a lot, between the $300 annual Capital One Journey credit score, and the ten,000 anniversary bonus miles. To me you’re popping out forward with out even utilizing the cardboard for on a regular basis spending.

That doesn’t even consider that the cardboard has large worth past that — the Capital One Enterprise X provides an industry-leading 2x miles per greenback spent, and most importantly, provides entry to Capital One Lounges plus a Precedence Move membership, for each the first card member and the (free) approved customers.

Making use of for this card is an absolute no-brainer, in my view. Whereas there are decrease annual charge variations of the Capital One Enterprise, the mathematics provides up right here.

The Capital One Lounge DFW is superior

How does the Capital One Enterprise X Enterprise examine?

The Capital One Enterprise X Enterprise (evaluate) (Charges & Charges) is the enterprise model of the Capital One Enterprise X. Whereas I feel there’s one thing to be mentioned for having each playing cards, how do the 2 playing cards examine?

  • What the playing cards have in widespread is that they’ve the identical annual charges, identical rewards construction, they usually each supply a $300 annual journey credit score, 10,000 anniversary bonus miles, a Precedence Move membership, and Capital One Lounge entry
  • The private model of the cardboard has the benefit of providing lounge entry for approved customers, Hertz President’s Circle standing, and cellphone safety
  • The enterprise model of the cardboard has the benefit of providing a a lot greater bonus (although additionally with a much bigger spending requirement), and of getting no preset spending restrict

I’d say each playing cards are extremely profitable. The private model of the cardboard is maybe extra of a slam dunk by way of worth, and virtually falls into the “too good to be true” class. Like I mentioned, on condition that there’s virtually no value to holding onto these playing cards (as a result of perks), I feel there’s benefit to having each playing cards.

The private model of the cardboard provides lounge entry for approved customers

Capital One Enterprise X FAQs

There are some questions I’ve obtained time and again in regards to the Capital One Enterprise X, so I figured I’d reply these in a consolidated approach within the type of some regularly requested questions. If there are any questions I haven’t answered on this put up, please let me know within the feedback, and I’ll make sure to incorporate that as properly. In no explicit order…

Are you eligible for the Enterprise X in case you have the Enterprise?

Yep, you certain are. You may simply apply outright, and also you’re eligible for the cardboard, together with the bonus. Whereas there may be alternatives to product change, you usually gained’t obtain a bonus for product altering.

Are you able to product change to the Enterprise X?

When you have one other private Capital One journey rewards card, just like the Enterprise, you might be able to product change to the Enterprise X. You’ll must telephone up Capital One to see what choices can be found to you. Nonetheless, be aware that you simply aren’t eligible for the welcome bonus if you happen to product change.

What number of approved customers are you able to add to the Enterprise X?

You may add as much as 4 approved customers to the Enterprise X at no additional value, they usually all obtain Capital One Lounge entry, a Precedence Move membership, and extra (Charges & Charges).

What lounge entry does the Enterprise X supply?

The Enterprise X provides a Precedence Move membership, getting you entry to 1,300+ lounges around the globe, with the flexibility to take as much as two company. Moreover, it provides entry to Plaza Premium Lounges, with the flexibility to take as much as two company. Lastly, you’ll be able to entry Capital One Lounges, additionally with two company. These perks apply each to the first card member and approved customers.

Entry Precedence Move lounges with the cardboard

What credit score rating do it is advisable to be authorised for the Enterprise X?

There’s not a selected credit score rating it is advisable to be authorised for the Enterprise X, although the cardboard is usually meant for these with good to glorious credit score. Capital One has pretty few constant guidelines about approvals in any other case, and studies counsel that lots of people are efficiently being authorised for the cardboard.

When does the Enterprise X welcome bonus finish?

The Enterprise X is providing a bonus of 75,000 miles after assembly minimal spend necessities. I’ve no indication of if/when this bonus will change.

Redeem miles for some superior enterprise class flights

Is the Enterprise X card fabricated from metallic?

Yep, the Capital One Enterprise X is certainly fabricated from metallic.

How are you going to redeem the Enterprise X $300 journey credit score?

The Enterprise X $300 journey credit score is issued every anniversary yr (together with the primary yr), and can be utilized towards any buy within the Capital One Journey portal. This contains buying flights, inns, rental automobiles, and many others. For most individuals this ought to be roughly good as money towards journey.

Redeem the Enterprise X $300 journey credit score towards a resort keep

How does the Enterprise X 10K anniversary bonus miles work?

The Enterprise X provides an automated 10,000 bonus miles on the account anniversary yearly. This couldn’t be extra easy, because the miles will routinely put up to your account. You may redeem them everytime you’d like, nonetheless you’d like. 10,000 miles may get you $100 value of journey, or alternatively may get you as much as 10,000 bonus miles with considered one of Capital One’s airline companions.

Is the Enterprise X a Mastercard or Visa?

The Enterprise X is a Visa Infinite Card, which is Visa’s most premium kind of bank card.

Backside line

The Capital One Enterprise X is Capital One’s premium private journey card, and I’d argue it’s the one most profitable card available on the market.

Whereas the cardboard has a $395 annual charge (Charges & Charges), that’s straightforward to justify because of the $300 annual Capital One Journey credit score and 10,000 anniversary bonus miles. On prime of that, the cardboard provides a Precedence Move membership, Capital One Lounge entry, an important return on spending, every kind of different perks, and even the very best approved consumer perks within the {industry}, all with no preset spending restrict.

In the event you don’t but have this card, you’re actually lacking out.

If you wish to be taught extra in regards to the Enterprise X or wish to apply, comply with this hyperlink.

Upon enrollment, accessible via the Capital One web site or cellular app, eligible cardholders will stay at upgraded standing degree via December 31, 2024. Please be aware, enrolling via the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) is not going to routinely detect a cardholder as being eligible for this system and cardholders is not going to be routinely upgraded to the relevant standing tier. Further phrases apply.

For Capital One merchandise listed on this web page, a few of the above advantages are supplied by Visa® or Mastercard® and will differ by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.

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