Whether or not it is peanut butter and jelly or airplanes and lie-flat seats, some issues are simply higher collectively. When two issues completely complement one another, they develop into a dynamic duo. That’s precisely what Capital One has created with its latest adjustments to a few of its hottest bank cards.
The Capital One Enterprise X Rewards Credit score Card is a premium journey rewards card that additionally earns miles on on a regular basis spending. Comparatively, the Capital One Savor Money Rewards Credit score Card gives limitless money again on eating, groceries and extra.
Capital One now permits cardholders to switch rewards from cash-back playing cards to journey rewards playing cards (or vice versa) at a charge of 1 cent to 1 mile. Merely put, transferring money again makes rewards extra worthwhile, as TPG’s October 2024 valuations peg Capital One miles at 1.85 cents every, fairly than 1 cent alone.
With the ability to earn money again and redeem these earnings as miles is a promising proposition and why the mix of the Capital One Enterprise X and the Savor Money is very interesting.
Here is how they work higher collectively.
Spending collectively
The Capital One Savor Money Rewards earns 3% again on eating, leisure, widespread streaming companies and grocery shops (excluding Walmart® and Goal®). If you wish to ebook tickets to see your favourite artist or crew, you additionally get 8% again on purchases via Capital One Leisure and 5% money again on accommodations and rental vehicles booked with Capital One Journey.
For journey, the Enterprise X earns 10 miles per greenback spent on accommodations and rental vehicles whereas incomes 5 miles per greenback spent on flights and trip leases bought via Capital One Journey. Regardless of being a journey bank card, the Enterprise X actually excels at maximizing day-to-day spending because it earns an infinite 2 miles per greenback spent on all different purchases.
After changing the money again to miles (and probably rising the worth of the rewards), this card duo earns an infinite 2 to 10 miles per greenback spent within the following bonus classes:
- 10 miles per greenback spent on accommodations and rental vehicles booked via Capital One Journey
- 5 miles per greenback spent on flights and trip leases booked via Capital One Journey
- 3 miles per greenback spent on eating
- 3 miles per greenback spent on leisure
- 3 miles per greenback spent on widespread streaming companies
- 3 miles per greenback spent at grocery shops
- 2 miles per greenback spent on all the things else
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Associated: Finest Capital One bank cards
Redeeming collectively
The power to switch money again to miles opens up a whirlwind of redemption choices. With the Enterprise X‘s 15-plus switch companions, you need to use your miles to get to the far corners of the world after which keep there on rewards.
For instance, I beforehand booked a $1,500 trip rental for 45,000 Capital One miles as a substitute of receiving $450 in cash-back rewards. That is the perk that actually permits this dynamic duo to be so highly effective.
Suppose you do not need to switch miles to one among Capital One’s quite a few companions, together with Air Canada Aeroplan (to ebook flights on Star Alliance companions like United Airways), Wyndham Rewards (to ebook accommodations) and Air France-KLM Flying Blue (for SkyTeam flights).
In that case, you’ll be able to redeem journey prices for an announcement credit score at a charge of 1 cent per mile. Successfully, this might be the identical as changing the miles on the Enterprise X to money again on the Savor and cashing out through an announcement credit score, verify, present card or charitable contribution.
Associated: Must you switch Capital One miles to companions or redeem straight for journey?
Different advantages collectively
These two playing cards complement one another when it comes to the advantages supplied. Along with incomes and redeeming rewards, the Savor Money is a World Elite Mastercard, whereas the Enterprise X is a Visa Infinite product, which doubles the potential advantages.
For instance, World Elite Credit cards get free ShopRunner memberships and entry to Mastercard’s Luxurious Resort & Resorts Portfolio, which incorporates advantages equivalent to amenity credit, complimentary room upgrades and free breakfast, amongst others at over 3,000 properties.
Visa Infinite playing cards obtain entry to the Visa Infinite Luxurious Resort Assortment, which features equally to Mastercard’s portfolio. Cardholders additionally obtain Precedence Move lounge membership, which incorporates entry for the cardholder and as much as two visitors at greater than 1,300 lounges worldwide, and major rental automobile insurance coverage along with journey cancellation, interruption and delay insurance coverage, misplaced baggage reimbursement and prolonged guarantee safety.
Moreover, the Enterprise X gives Hertz President’s Circle standing*, which is a good perk to make use of anytime you’re renting a automobile. The cardboard additionally consists of cellphone safety of as much as $800 in case your system is broken or stolen; all it’s important to do it qualify is pay your telephone invoice with the cardboard.
*Upon enrollment, accessible via the Capital One web site or cellular app, eligible cardholders will stay at that standing stage via the length of the provide. Please word, enrolling via the traditional 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. Extra phrases apply.
Along with Precedence Move, the cardboard provides you entry to Capital One’s rising lounge community, together with a tremendous lounge in Dallas, and an up-to-$120 assertion credit score for World Entry or TSA PreCheck.
Lastly, with the Enterprise X, you get an annual $300 credit score via Capital One Journey and 10,000 bonus miles each account anniversary. These perks work collectively between the playing cards to make sure probably the most fulfilling journey expertise whereas lowering threat with insurance coverage advantages.
Associated: 6 issues to do whenever you get the Capital One Enterprise X
Charges and sign-up bonuses
The Enterprise X gives 75,000 miles after spending $4,000 on purchases inside the first three months of opening an account. The Savor gives a $250 money bonus (which could be transformed to 25,000 miles) after spending $500 on purchases inside three months of account opening.
After finishing the minimal spending necessities and incomes the 2 sign-up bonuses, you’ll be able to simply accrue over 100,000 miles, sufficient to cowl a global round-trip flight in enterprise class, a handful of round-trip home flights and even numerous lodge nights.
The Capital One Enterprise X’s annual charge is $395, whereas the Savor Money doesn’t cost an annual charge.
Neither card prices international transaction charges or prices so as to add an approved consumer, a pleasant profit in comparison with different premium journey playing cards with extra prices.
For Capital One merchandise listed on this web page, a number of the advantages could also be supplied by Visa® or Mastercard® and will range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Backside line
Bank card issuers have constructed their merchandise to work higher collectively. With extra affordable annual charges than their Chase and American Categorical counterparts, the Enterprise X and the Savor Money — Capital One’s dynamic playing cards duo — earn nice rewards in probably the most frequent classes.
Add within the protections, yearly advantages and welcome provide bonus miles, and these two playing cards are excellent for people who wish to preserve a easy, two-card set-up to maximise their each day spending for journey. To not point out that the journey will probably be enhanced by perks equivalent to lounge entry and TSA PreCheck.
Study extra: Capital One Savor Money Rewards
Study extra: Capital One Enterprise X
