Capital One Enterprise X bank card assessment: Luxurious perks with an inexpensive annual payment

The Capital One Venture X Rewards Credit Card is the issuer’s first foray into the world of premium journey rewards playing cards and knocks it out of the park. With an annual payment that undercuts the competitors and plentiful perks which can be simple to grasp, the cardboard is almost a no brainer for vacationers starting from luxurious seekers to the extra budget-minded. Chase and Amex, take discover. Card ranking*: ⭐⭐⭐⭐½

* Card ranking is predicated on the opinion of TPG’s editors and isn’t influenced by the cardboard issuer.

When it launched in 2021, Capital One Enterprise X stepped into the premium area alongside playing cards like The Platinum Card® from American Express and Chase Sapphire Reserve. Like them, it has some critical journey perks and helpful assertion credit — however for a a lot decrease annual payment of $395 (see rates and fees).

As Capital One continues opening its own airport lounges, the case for the Enterprise X turns into even stronger. Along with their first location at Dallas Fort Worth International Airport and second one at Washington D.C.’s Dulles International Airport, they’ve now opened a third location in Denver International Airport. With the Enterprise X, you will get complimentary limitless entry to those in addition to Precedence Cross’ 1,400+ companion lounge places for you and your friends.

If Dallas Fort Price, Dulles, or Denver are your house airports, this can be all you’ll want to know to make your resolution. However in case you are nonetheless debating whether or not the Enterprise X is for you — and you’ve got a credit score of at least 700 — right here is every thing you’ll want to know earlier than clicking that “apply” button.

The Venture X card’s sign-up bonus is 75,000 bonus miles after you spend $4,000 on purchases within the first three months from account opening.

In accordance with TPG’s latest valuations, 75,000 Capital One miles are price $1,388, because of the outsized worth you will get from transferring Capital One miles to this system’s airline and lodge companions.

And when you do not wish to navigate the complexities of transferable factors, you may use your Capital One miles immediately for journey at a fee of 1 cent per mile — making the sign-up bonus price $750.

Associated: The best time to apply for these popular Capital One credit cards based on offer history

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Whereas decrease than its premium opponents, Venture X does carry a $395 annual payment (see rates and fees). That may initially seem to be a deterrent, however the card’s perks can offset the yearly value with minimal effort:

• Annual credit score: $300 back in credits annually for bookings made by means of Capital One Journey
• Anniversary bonus: 10,000 bonus miles each account anniversary, beginning in your first anniversary (price at the least $100 towards journey)
• Lounge entry: Complimentary entry for cardholders and as much as two friends per go to to Capital One Lounges and lounges in Capital One’s companion community
• Approved customers: As much as 4 authorized users may be added at no cost (see rates and fees), and so they additionally get the identical lounge entry because the cardholder (together with entry for as much as two friends)
• Entry to luxurious motels: Entry to the Capital One Premier Collection, which gives free breakfast, on-property credit and room upgrades (if out there) in addition to to the lower-tier Lifestyle Collection.

• Rental automotive standing: The first cardholder and approved customers obtain complimentary Hertz President’s Circle status**.
• World Entry or TSA PreCheck: As much as $100 in assertion credit for both TSA PreCheck or Global Entry as soon as each 4 years.
• Journey delay reimbursement: As much as $500 per particular person for affordable bills when your journey is delayed for greater than six hours.
• Cellphone safety: Through the use of the cardboard to pay your month-to-month wi-fi invoice, you are eligible for as much as $800 in protection per declare. A $50 deductible applies per prevalence.
• Main rental automotive insurance coverage: Safety in opposition to harm brought on by collision or theft to a rental automotive.*
• Buy, prolonged guarantee and return safety: Warranties of three years or much less prolonged by a further yr; returns as much as $300 per merchandise and $1,000 yearly per account.*

*For Capital One merchandise listed on this web page, a number of the above advantages are offered by Visa® or Mastercard® and should range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
**Upon enrollment, accessible by means of the Capital One web site or cell app, eligible cardholders will stay on the upgraded standing degree by means of December 31, 2024. Please notice, enrolling by means of 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. Extra phrases apply.

Associated: Is the Venture X worth the $395 annual fee?

The Venture X accrues miles on the following charges:

• 10 miles per greenback on motels and automotive leases booked by way of Capital One Travel
• 5 miles per greenback on flights booked by way of Capital One Journey
• 2 miles per greenback on different purchases

This simplicity builds off the $95-per-year Capital One Venture Rewards Credit Card (see rates and fees), a product that has been round for over a decade. In that method, the Enterprise X represents the most effective of each worlds — excessive incomes potential on journey purchases, particularly, however a strong on a regular basis incomes fee that is simple to maintain monitor of.

Associated: Why the Venture X is a mainstay in my wallet

Whenever you’re able to redeem your Capital One miles, you’ve gotten a number of choices. If you wish to get probably the most worth out of your miles, you will wish to reap the benefits of the choice to switch them to Capital One’s 18 hotel and airline travel partners.

Nevertheless, when you want a less complicated redemption technique, you may redeem your miles at a fixed value for any of those choices:

• Ebook journey: You possibly can guide journey immediately by means of Capital One Journey at a worth of 1 cent per mile.
• Repay journey purchases: You possibly can repay journey purchases made prior to now 90 days in your card assertion with out worrying in regards to the complexities of loyalty packages. You will once more get a flat worth of 1 cent per mile.
• Redeem for reward playing cards: You should use miles for reward playing cards on the similar fee of 1 cent per mile.
• Redeem for money again: You possibly can redeem your miles for money again at a a lot decrease fee of 0.5 cents per mile.

Observe that these fixed-value choices will yield properly beneath TPG’s valuation of 1.85 cents per level, and we particularly advocate avoiding the lowest-value cash-back possibility when attainable. If you wish to redeem your rewards for cash-back, you will be significantly better off with the Capital One Savor Cash Rewards Credit Card or Capital One SavorOne Cash Rewards Credit Card.

The data for the Capital One Savor Money Rewards has been collected independently by The Factors Man. The cardboard particulars on this web page haven’t been reviewed or offered by the cardboard issuer.

Associated: Should you transfer Capital One miles to partners or redeem them directly for travel?

To get most worth out of your Capital One miles, switch them to any of Capital One’s 18 hotel and airline partners, together with helpful choices like Air Canada Aeroplan and Choice Privileges.

As an illustration, TPG senior bank cards editor Matt Moffitt loves the choice to switch his miles to Avianca LifeMiles for premium-cabin redemptions on United to Sydney, in addition to the power to switch them to British Airways Executive Club for nonstop home flights on American Airways.

Irrespective of your journey preferences, you’ll discover some wonderful worth in Capital One’s switch companions.

Associated: Your ultimate guide to Capital One’s airline and hotel transfer partners

With a $395 annual payment (see rates and fees), the Enterprise X falls throughout the premium travel cards category. If you happen to’re on the lookout for completely different perks, resembling extra expansive lounge entry or extra versatile journey credit, you may want a unique premium card possibility. And when you aren’t able to fork over a premium annual payment, you will get a number of the similar perks with Capital One’s mid-tier journey card.

For added choices, try our list of the best premium travel cards.

Learn extra: The best premium credit cards: A side-by-side comparison

With easy rewards, spectacular lounge entry advantages and total strong worth, the Venture X has mass enchantment, particularly for these trying to find a premium journey rewards card. As well as, there are a number of under-the-radar perks on the cardboard, together with Visa Infinite advantages with an in depth listing of journey, baggage, automotive rental and buy protections. Add in a rising community of airport lounges, no-fee approved customers, Capital One’s sturdy switch companions and a luxurious lodge program, and you’ve got a card that’s almost a no brainer.

Study extra: 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 charges of the Amex Platinum Card, click on here.
For charges and charges of the Enterprise X, click on here.
For charges and charges of the Enterprise Rewards, click on here.

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