Earn 75,000 miles plus a great deal of perks by making use of for the Capital One Enterprise X

The Capital One Enterprise X Rewards Credit score Card is a implausible possibility with regards to journey rewards bank cards.

With an annual price that undercuts the competitors and plentiful, easy-to-understand perks, the cardboard is commonly 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 accordance with TPG’s September 2024 valuations, 75,000 Capital One miles are price as much as $1,388 when you use the issuer’s helpful switch companions. All which may have you ever taking one other have a look at Capital One and the Enterprise X. In that case, here is what it’s worthwhile to know in regards to the card and its present supply.

Capital One Enterprise X welcome supply

The Enterprise X’s present welcome supply is 75,000 miles after spending $4,000 on purchases within the first three months.

Capital One miles are price one cent apiece when redeemed for journey, both straight by means of Capital One Journey or as a press release credit score towards journey purchases. Nevertheless, in accordance with TPG’s September 2024 valuations, 75,000 Capital One miles are price $1,388 due to this system’s many airline and resort switch companions, which you’ll 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.

With a $395 annual price, the cardboard undercuts dearer rivals on this house, corresponding to The Platinum Card® from American Categorical ($695, see charges and costs) and the Chase Sapphire Reserve® ($550).

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However a aggressive annual price is only 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 by way of Capital One Journey, 5 miles per greenback on flights and trip leases booked by way of Capital One Journey and an infinite 2 miles per greenback on every little thing else.
• Annual credit score: Cardmembers will obtain a $300 credit score yearly for bookings made by means of Capital One Journey
• Anniversary bonus: The cardboard pays 10,000 bonus miles on account anniversary, beginning in your first anniversary. As of September 2024, TPG values these 10,000 miles at as much as $185 when utilized with Capital One’s switch companions.
• Lounge entry: Cardholders, licensed customers and as much as two company per go to get complimentary entry to Capital One Lounges, greater than 1,300 Precedence Go lounges (excluding eating places) and Plaza Premium lounges.
• Luxurious resort perks: The brand new Capital One Premier Assortment provides 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: Extra licensed 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 by means of Dec. 31, 2024.*

It is price noting how the Enterprise X begins with the muse 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 prices, complemented by elevated incomes charges for bookings made by way of Capital One Journey and a bunch of different perks.

You even have a helpful redemption scheme with the Enterprise X: simple, fixed-value choices for novices and higher-value switch choices for the extra skilled rewards customers.

*Upon enrollment, accessible by means of the Capital One web site or cell app, eligible cardholders will stay at upgraded standing degree by means of December 31, 2024. Please word, enrolling by means of the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) won’t robotically detect a cardholder as being eligible for this system and cardholders won’t be robotically upgraded to the relevant standing tier. Extra phrases apply.

How does the Enterprise X evaluate?

With a $395 annual price, the Enterprise X falls inside the premium journey playing cards class. Two predominant rivals come to thoughts: the Amex Platinum and the Chase Sapphire Reserve.

Whereas each of those playing cards include considerably greater 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 the next annual price

The Amex Platinum continues to be the front-runner with regards to lounge entry, with its International Lounge Assortment and entry to American Categorical 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 just 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 listing of advantages and perks, together with a number of completely 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 quite a bit to maintain monitor of them. The Enterprise X beats out the Amex Platinum from the angle 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, greater 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 means of 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 fee for journey booked by means of its portal, considerably surpassing the 1 cent per mile you get with the Enterprise X when reserving by means of Capital One Journey. Coupled with journey companions, Chase Final Rewards are valued at as much as 2.05 cents apiece, in accordance with TPG’s September 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 fee 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 maths simplified: In case you 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 accordance with TPG’s September 2024 valuations) and lounge entry, and the Enterprise X turns into much more attractive as vital journey card.

Backside line

The Capital One Enterprise X is usually a nice possibility for a lot of vacationers, and the cardboard will seemingly change into extra compelling over time as Capital One continues to spend money on its rewards program and its lounge community.

The Enterprise X suits properly in a aggressive subject of premium rewards playing cards, together with established gamers from Amex and Chase. In case you worth simplicity, a user-friendly journey portal and a rising community of airport lounges, take into account including the Enterprise X card to your pockets.

In case you’re curious how the non-public Enterprise X compares to the Enterprise X Enterprise, take a look at our card showdown.

To study extra, learn our full evaluation of the Capital One Enterprise X.

Be taught extra: Capital One Enterprise X

Associated: How Enterprise X saved me over $6,000 on a summer time journey to France

For charges and costs 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 should range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.