The Capital One Venture X Rewards Credit Card is a incredible possibility relating to travel rewards credit cards.
With an annual payment that undercuts the competitors and plentiful perks which might be simple to know, the cardboard is sort of a no brainer for vacationers starting from luxurious seekers to the extra budget-minded.
You possibly can presently apply for the Enterprise X and earn 75,000 bonus miles after you spend $4,000 on purchases within the first three months from account opening.
In line with TPG’s latest valuations, 75,000 Capital One miles are value as much as $1,388 should you use the issuer’s useful switch companions. All that may have you ever taking one other have a look at Capital One and the Enterprise X. If that’s the case, here is what it’s good to know in regards to the card and its present supply.
Capital One Enterprise X welcome supply
The Enterprise X’s present sign-up bonus is 75,000 miles after you spend $4,000 on purchases within the first three months.
Capital One miles are value one cent apiece when redeemed for journey, both instantly by means of Capital One Journey or as a statement credit towards journey purchases. Nonetheless, based on TPG’s latest valuations, 75,000 Capital One miles are value $1,388 due to this system’s many airline and hotel transfer partners, which you’ll be able to 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 travel rewards credit card.
With a $395 annual payment (see rates and fees), the cardboard undercuts costlier opponents on this house, similar to The Platinum Card® from American Express ($695, see rates and fees) and the Chase Sapphire Reserve ($550).
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However a aggressive annual payment is only the start.
The Enterprise X confers the next advantages on cardholders:
- Incomes: The Enterprise X earns 10 miles per greenback on motels and automobile leases booked by way of Capital One Travel, 5 miles per greenback on flights booked by way of Capital One Journey and a vast 2 miles per greenback on the whole lot else.
- Annual credit score: Cardmembers get $300 credit annually for bookings made by means of Capital One Journey.
- Anniversary bonus: The cardboard pays 10,000 bonus miles each account anniversary, beginning in your first anniversary. TPG values these 10,000 miles at as much as $185 when utilized with Capital One’s switch companions.
- Lounge entry: Cardholders, approved 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 restaurants) and Plaza Premium lounges.
- Luxurious resort perks: The brand new Capital One Premier Collection affords free breakfast, room upgrades and different perks at taking part motels and resorts. Cardholders also can entry Capital One’s Lifestyle Collection.
- Licensed customers: Further approved customers might be added at no charge, (see rates and fees) and so they additionally get Capital One Lounge entry with as much as two company.
- World Entry or TSA PreCheck: Cardholders can obtain as much as $100 in assertion credit for both TSA PreCheck or World Entry.
- Stacking automobile rental perks: Cardmembers benefit from the capacity to stack automobile rental perks with Hertz through Dec. 31, 2024.*
- Annual payment: $395 (see rates and fees)
It is value noting how the Enterprise X begins with the muse of the Capital One Venture Rewards Credit Card, the issuer’s mainstay rewards card, and builds from there.
The Enterprise X options vital however unfussy perks that even inexperienced vacationers can maximize. It retains the identical, 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 and a number of different perks.
You even have the identical redemption scheme with the 2 playing cards: straightforward, fixed-value options for novices together with higher-value transfer options for the extra skilled rewards customers.
*Upon enrollment, accessible by means of the Capital One web site or cellular app, eligible cardholders will stay at upgraded standing stage 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) 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.
How does the Enterprise X evaluate?
With a $395 annual payment (see rates and fees), Enterprise X falls throughout the premium travel cards category. Two fundamental opponents 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 Platinum (see rates and fees) — additionally they embody extra perks and, within the case of the Reserve, extra flexibility.
Amex Platinum: Extra lounges, extra complexity, greater annual payment
The Amex Platinum remains to be the front-runner relating to lounge entry, with its Global Lounge Collection and entry to American Express Centurion Lounges, Delta Sky Golf equipment (when on a same-day Delta flight; restricted to 6 annual visits from Feb. 1, 2025), Precedence Go lounges and extra. Enrollment is required for choose advantages.
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. in addition to 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. And this is where the Amex Platinum falters.
The Platinum has a considerably dizzying laundry record of benefits and perks, together with at the very least 10 totally 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 cardboard’s hefty annual payment with these included credit, it is loads to maintain monitor of them.
The Enterprise X beats out the Platinum from the angle of pure ease.
Chase Sapphire Reserve: Extra flexibility, greater annual payment
The Chase Sapphire Reserve is one other key Enterprise X competitor. The Reserve comes with an annual assertion credit score perk that’s maybe one of many best to make use of — $300 toward any travel, from motels to ride-hailing companies 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 the Chase Ultimate Rewards travel portal, 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 charge for journey booked by means of its portal, considerably surpassing the 1 cent per mile you get with the Enterprise and Enterprise X playing cards. Coupled with journey companions, Chase Final Rewards are valued at as much as 2.05 cents apiece, based on TPG valuations.
Nonetheless, with a $550 annual payment and only one Chase airport lounge open within the U.S., the Enterprise X nonetheless provides the Reserve a run for its cash.
Associated: Battle of the premium travel rewards cards — which is best 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 payment (see rates and fees) successfully comes right down to $95, the identical annual payment because the Capital One Venture Rewards Credit Card (see rates and fees). Add in a ten,000-mile bonus for each account anniversary (value $185, based on TPG valuations) and lounge entry, and the Enterprise X turns into much more engaging as essential journey bank card.
Backside line
The Capital One Enterprise X generally is a nice possibility for a lot of vacationers, and the cardboard is simply more likely to change into extra compelling over time as Capital One continues to put money into its rewards program and its lounge community.
The Enterprise X suits properly in a aggressive discipline of premium rewards cards, together with established gamers from Amex and Chase, and it presently affords a stable preliminary sign-up bonus of 75,000 miles after you spend $4,000 within the first three months.
In case you worth simplicity, a user-friendly journey portal and a rising community of airport lounges, think about including the Enterprise X card to your pockets at present.
And should you’re curious how the private Enterprise X compares to the Enterprise X Enterprise, take a look at our card showdown.
Apply right here: Capital One Venture X with 75,000 bonus miles after you spend $4,000 on purchases within the first three months from account opening
For charges and costs of the Amex Platinum Card, click on here.
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