I’ve a confession to make: I used to hate the Capital One Enterprise Rewards Credit score Card.
I do know, I do know — it was fairly a controversial opinion amongst my TPG colleagues for the longest time. I might all the time been a Chase girlie (the Chase Sapphire Most well-liked® Card was my first journey bank card, and it nonetheless holds a high spot in my pockets), and the Enterprise Rewards all the time appeared overrated by comparability.
Nonetheless, regardless of my misgivings, I utilized for the cardboard a number of years again to make the most of a hefty 100,000-mile welcome supply. Whereas that particular supply is not accessible, the present welcome supply of 75,000 miles after spending $4,000 on purchases inside the first three months of account opening, plus a $250 Capital One Journey credit score to make use of within the first cardholder yr, is equally tempting.
Since including the cardboard to my pockets, it is really change into a mainstay favourite that I am unable to think about eliminating. This is how the Capital One Enterprise Rewards modified my thoughts and have become a favourite card of mine to suggest.
Double miles
As somebody who already had the Chase Freedom Limitless®, I initially missed the advantage of incomes at the very least 2 miles per greenback spent on purchases. With my Freedom Limitless, I can earn at the very least 1.5% again on all purchases . However that further 0.5 miles does add up over time and makes a giant distinction in how briskly I rack up rewards.
Final yr, I spent nearly $18,400 on my Enterprise, which earned round 36,800 Capital One miles. With my Freedom Limitless, I’d have solely earned 27,600 Final Rewards factors on that non-bonused spending.
That is roughly $680 in worth earned with the Enterprise Rewards versus $565 earned with the Chase Freedom Limitless (since I even have the Chase Sapphire Most well-liked, my Freedom Limitless factors get the full worth of Final Rewards factors), based mostly on TPG’s March 2025 valuations. Although TPG at the moment values Chase Final Rewards factors larger than Capital One miles, the extra rewards I earn with Capital One’s larger nonbonus spending fee greater than make up for that distinction.
Capital One switch companions
Transferable factors are a sport changer for anybody who needs to economize on journey by means of factors and miles. Capital One has actually upped its sport since first including the flexibility to switch miles to airline and lodge companions. At present, Capital One has 15-plus switch companions, most of which supply a 1:1 switch ratio.
Whereas my Chase, American Specific and Bilt playing cards additionally permit me to switch my rewards to lodge and airline companions, Capital One affords some distinctive choices that my different playing cards don’t, together with EVA Air, Wyndham and Finnair Plus.
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Plus, the flexibility to funnel rewards from a number of playing cards into one account (equivalent to British Airways or Singapore Airways — switch companions of all a number of bank card issuers I discussed) helps me maximize incomes classes throughout playing cards whereas nonetheless combining rewards for bigger redemptions.
International Entry/TSA PreCheck price credit score
I did not have International Entry or TSA PreCheck earlier than I bought this card, and it has been such a sport changer for me. When you’ve been in an airport not too long ago, you realize that safety and customs strains aren’t any joke. I’ve saved hours with International Entry and TSA PreCheck, and I can not think about touring with out them at this level.
The Capital One Enterprise Rewards is one in every of few mid-tier journey rewards playing cards that supply a International Entry/TSA PreCheck software price credit score. Within the first yr, this profit alone made it simple to sufficient worth from this $95-per-year card to make the annual price value it.
Associated: The highest 11 bank cards with annual journey assertion credit
Low annual price
The advantages listed above are nice, however the low annual price solidifies this card’s worth. I get a number of perks with this card that almost all different journey playing cards in that sub-$100 annual price vary do not supply. As a lot as I like my Chase Sapphire Most well-liked, for example, it would not save me time on the airport by overlaying my International Entry/TSA PreCheck software price or earn nice rewards on non-bonused spending.
Some playing cards supply much more advantages, like lounge entry, journey credit and better spending charges for sure classes — however in addition they include a lot larger annual charges. At this level in my life, I am unable to justify spending hundreds of {dollars} annually on excessive annual charges for a number of playing cards, such because the Chase Sapphire Reserve® and The Platinum Card® from American Specific.
Fortunately, some nice mid-tier playing cards on the market make touring rather more handy with out breaking the financial institution — together with the Enterprise Rewards. With solely a $95 annual price, it is easy to justify preserving this card in my pockets for the lengthy haul.
Backside line
I can admit once I’m incorrect, and I undoubtedly misjudged the Enterprise Rewards for a very long time earlier than I spotted how a lot worth it may add to my pockets. Now, it is one in every of my most advisable playing cards for newbies to the factors and miles house in search of a card that is simple to make use of and maximize.
The Enterprise Rewards is a superb first journey bank card with a low annual price, easy-to-use rewards and strong advantages you do not get with different mid-tier playing cards. For factors execs, it affords an effective way to diversify your switch accomplice choices throughout playing cards and earn rewards on nonbonus purchases that different playing cards might not cowl with out including a whole lot of {dollars} in annual charges.
To study extra, learn our full overview of the Capital One Enterprise Rewards card.
Study extra: Capital One Enterprise Rewards Credit score Card
Associated: Capital One Enterprise Rewards vs. Capital One Enterprise X
