September 21, 2023

When you journey frequently, it’s best to have at the least one journey rewards bank card in your pockets. The extra you journey, the extra specialised — and beneficiant — that card must be.

I’ve had a number of journey bank cards through the years. Most have been general-purpose playing cards just like the Capital One Enterprise X rewards card, which rewards purchases with all journey retailers (airways, hospitality firms, rental automotive firms, and so forth) over others. Enterprise X arguably presents the most effective worth of any journey card for brand-agnostic, moderate-frequency vacationers — individuals who take a number of holidays of various lengths annually and spend at the least $2,000 on flights, lodging, and rental automobiles yearly.

Full disclosure: I’m not a Enterprise X consumer. However the extra I be taught in regards to the card, the extra tempted I’m so as to add it to my assortment.

Capital One Venture X Card Art 12 9 22

What Is the Capital One Enterprise X Rewards Card?

The Capital One Enterprise X Card is a super-premium journey bank card that earns miles on each buy. Particularly, it earns:

  • 10 miles per $1 spent (10x miles) on accommodations and rental automobiles booked by Capital One Journey
  • 5x miles on airfare booked by Capital One Journey
  • 2x miles on all different eligible purchases, together with journey booked by one thing aside from Capital One Journey

You may redeem miles to offset eligible previous journey purchases or present journey bookings (airfare, accommodations, rental automobiles, native transportation, and extra) at a worth of $0.01 per mile. You can too switch miles to greater than 15 Capital One journey companions, together with main airways and hospitality households. 

Enterprise X has different doubtlessly precious advantages, together with a $300 annual journey credit score, 10,000 bonus miles in your account anniversary, and complimentary entry to greater than 1,400 airport lounges worldwide.

What Units the Capital One Enterprise X Card Aside?

The Capital One Enterprise X has quite a lot of useful options, however three actually stand out:

  • Extraordinarily Simple to Offset the Annual Price. Enterprise X’s $395 annual price sounds steep, nevertheless it’s straightforward for even low-key vacationers to keep away from. The annual journey credit score offsets as much as $300 in bookings by Capital One Journey annually, and the ten,000-mile anniversary bonus is value one other $100 on high of that. That’s $400 in worth with little or no effort required.
  • As much as 10x Miles on Eligible Journey Purchases. That’s about pretty much as good as you are able to do with a general-purpose journey bank card. Capital One limits the 10x miles fee to lodge and automotive rental purchases booked by Capital One Journey, however you may as well earn 5x miles on eligible airfare booked by Capital One Journey — not unhealthy, both.
  • Discounted or Free Journey and Tradition Memberships Unavailable Elsewhere. Enterprise X is the one journey bank card that provides free or discounted memberships to Prior, The Cultivist, and Gravity Haus. These memberships don’t make sense for all vacationers, however should you can take full benefit of them, you’ll extract a number of hundred {dollars} in worth annually.

Is the Capital One Enterprise X Rewards Card Value It?

Honest query. The Enterprise X card has a $395 annual price that’s not waived throughout the first yr of membership. So it’s affordable to ask whether or not it’s actually value almost $400 each 12 months?

Sure, it nearly definitely is. You solely must do two issues yearly to offset Enterprise X’s annual price:

  • Make journey bookings value at the least $300 by Capital One Journey to redeem the cardboard’s annual journey credit score
  • Redeem your 10,000 bonus miles after your account anniversary

Collectively, that’s $400 in potential worth, or $5 greater than the annual price. So long as you make different purchases together with your card and redeem earned miles, you’ll get nonetheless extra worth by Enterprise X’s rewards program. And should you can reap the benefits of complimentary airport lounge entry, free or discounted journey and tradition memberships, and the numerous different tangible advantages of Enterprise X, you’ll end up even additional into the black.

Key Options of the Capital One Enterprise X Rewards Card

You’ve already gotten a style of some key Enterprise X options. Discover extra element on them (and a few others not but mentioned).

Early Spend Bonus

Earn 75,000 bonus miles after you spend $4,000 on purchases throughout the first three months from account opening. That’s a one-time bonus alternative value $750 once you redeem for eligible journey.

Annual Journey Credit score

Earn as much as $300 in credit score in opposition to eligible Capital One Journey bookings every yr. (Save your self a visit by the nice print: “Eligible” is a formality right here, and mainly all Capital One Journey bookings are eligible.)

You could make stated bookings by the Capital One Journey portal — the credit score can’t be retroactively utilized in opposition to prior bookings exterior the Capital One ecosystem.

Anniversary Miles Bonus

Get 10,000 bonus miles — value $100 when redeemed for journey — yearly after your account anniversary. There’s no spend requirement to earn this bonus, which you get so long as your account stays open and in good standing.

Complimentary Airport Lounge Entry

Take pleasure in complimentary entry to greater than 1,400 airport lounges around the globe, together with:

  • A handful of Capital One Lounges in main U.S. airports, together with Denver and Washington-Dulles — hopefully the community expands within the coming years as a result of it’s nearly not value mentioning proper now
  • Greater than 1,000 Precedence Go lounges worldwide — you may get a complimentary Precedence Go Choose membership once you register your Enterprise X card on the Precedence Go web site
  • Greater than 100 Plaza Premium lounges worldwide, together with choose Virgin Atlantic Clubhouses

See Capital One’s partner lounge network guide for exclusions, restrictions, and a full listing of eligible lounges. Friends principally get in free as nicely.

Venture X Airport Lounge Rules

TSA PreCheck or World Entry Price Credit score

Stand up to $100 off the price of your TSA PreCheck or World Entry software price. You solely want to use for these memberships each 4 years, so it isn’t a massively precious perk, however each little bit helps.

Greatest Worth Assure on Journey Reserving With Capital One Journey

This isn’t a completely open-ended assure, nevertheless it’s fairly helpful (and doubtlessly beneficiant) for attentive, savvy travel-bookers. The important thing factors:

  1. Capital One sends value drop alerts on flights you’re watching and recommends when to purchase.
  2. When you guide airfare by Capital One Journey when Capital One recommends you achieve this and the worth drops inside 10 days, you’ll get a journey credit score for the distinction (as much as $50).
  3. When you discover a higher value inside 24 hours of reserving any kind of journey by Capital One Journey, Capital One will match it and refund you the distinction.
  4. Capital One Journey’s lodge costs match the most effective of rivals like Expedia and Travelocity in near-real time.

To make sure you get probably the most out of Nos. 2 and three, set value alerts on different standard journey reserving engines (together with Google Flights and Priceline) and watch like a hawk within the hours and days after you guide by Capital One Journey.

Venture Rewards Card Capital One Travel

Transferring Miles to Journey Companions

Capital One has greater than 15 travel transfer partners, together with:

  • Aeromexico Membership Premier
  • Aeroplan (Air Canada)
  • British Airways Government Membership
  • Selection Privileges (a significant U.S. lodge household and doubtless the most effective worth for home U.S. vacationers)
  • Flying Blue (Air France)

You may switch your miles in 1,000-mile increments, often at a 1-to-1 ratio (a number of have less-generous 1.5-to-1 or 2-to-1 ratios). 

The benefit of transferring is that companion loyalty foreign money tends to be extra precious than Capital One miles, that are at all times value $0.01 apiece when redeemed in opposition to prior or present journey purchases in your Enterprise X card. Typically, the distinction is critical: The fitting redemption may worth companion factors or miles at $0.03 apiece or extra.

The catch is that companions don’t at all times supply the most effective deal on flights or accommodations. And it’s not sure your travels will take you someplace served by a companion that does supply an excellent deal. Most are worldwide airways that companion with U.S. airways solely on worldwide flights. So it’s extra work to make it work — although the trouble definitely can (and incessantly will) repay.

Complimentary or Discounted Tradition & Journey Subscriptions

I hadn’t heard of any of those subscriptions earlier than diving into the main points of this card. I wouldn’t use any, however that’s principally right down to life-style and journey patterns. I’m satisfied loads of frequent vacationers — Enterprise X’s core viewers — might get their cash’s value out of every. 

  • Prior. Half journey journal, half small-group excursion-and-experience firm. Instance experiences embrace an eco-lodge within the Himalayas and the Day of the Lifeless Competition in Oaxaca, Mexico. Enterprise X cardholders get the $149 annual subscription waived. You must pay additional for excursions, after all.
  • The Cultivist. Mainly a membership for artwork snobs However nice artwork is cool, and free entry to greater than 100 world-class museums is even cooler. Enterprise X cardholders get six months of membership on the Fanatic degree without spending a dime, then common membership charges apply ($440 per yr).
  • Gravity Haus. A social membership and lodging community for out of doors adventurers who love the mountains. Members get full entry to lodging and facilities at a number of areas within the Colorado Rockies and Sierra Nevada mountains. Enterprise X cardholders get $300 per yr towards an annual membership, which prices at the least $1,200 per yr for people (extra relying in your bundle). Gravity Haus is pricey, however (perhaps) value it.

Right here’s extra element on Gravity Haus pricing and entry. You may see that it’s fairly costly, even for Enterprise X cardholders. It might be value the price should you love the mountains although.

Venture X Gravity Haus Membership

Different Card Advantages

Enterprise X comes with some nontravel advantages value writing dwelling about:

  • Cellphone safety as much as $800 per incident once you pay your cellphone invoice in full with the cardboard
  • As much as 100,000 bonus miles once you refer buddies to Enterprise X (they need to apply and be accepted so that you can earn the bonus)
  • Capital One Eating, which options hard-to-get reservations at high eating places and tickets to unique culinary experiences (although you continue to should pay)
  • Capital One Leisure, that includes presale and VIP tickets to standard exhibits and sporting occasions

Essential Charges

Enterprise X has a $395 annual price from the primary yr. You may totally offset this price should you take full benefit of the $300 annual journey credit score and 10,000-point annual anniversary bonus although.

Enterprise X has no overseas transaction price, a pleasant plus for worldwide vacationers.

Credit score Required

Enterprise X requires glorious credit score to use. If in case you have any important blemishes in your credit score report, you won’t qualify.

Capital One Venture X Rewards Card Minimum Requirement

Benefits of the Capital One Enterprise X Card

When you’ve learn this far, it ought to already be clear that the Enterprise X Card has a ton of probably precious advantages. Right here’s an in depth recap.

  • $300 Journey Credit score Almost Offsets the Annual Price. Enterprise X has a $395 annual price. That feels like an excessive amount of till you bear in mind it additionally credit the primary $300 in eligible Capital One Journey purchases yearly and delivers a ten,000-mile bonus ($100 worth) yearly too. Take full benefit and also you’ll greater than break even.
  • Nice Return on Capital One Journey Purchases. You may most likely break even after the credit by reserving your traditional journey by Capital One Journey. You’ll earn 10x miles on eligible lodge and automotive rental bookings, or $100 for each $1,000 spent.
  • Complimentary Entry to 1,400+ Airport Lounges Worldwide. Your Enterprise X card will get you free entry to greater than 1,400 airport lounges in three networks. Precedence Go Choose is the behemoth. Most main U.S. airports and plenty of worldwide airports have at the least one Precedence Go lounge.
  • Glorious Early Spend Bonus. Enterprise X has one of many higher early spend bonuses of any journey rewards bank card. Simply thoughts the spending requirement, otherwise you’ll get nothing.
  • Annual Miles Bonus for Doing Mainly Nothing. Talking of nothing: That’s what it’s important to do to get 10,000 bonus miles yearly with Enterprise X. Nicely, nearly nothing. You must preserve your account open and pay your invoice on time, however that ought to go with out saying.
  • Stable Lineup of Journey Switch Companions for Worldwide Vacationers. Capital One’s journey switch companion lineup leans closely worldwide. That’s superior should you frequently journey overseas (which on this case consists of Canada and Mexico).
  • Complimentary and Discounted Tradition Memberships Not Out there With Comparable Playing cards. When you’d heard of Prior, The Cultivist, or Gravity Haus earlier than studying this evaluation, congratulations: You’re cooler than I’m. And your Enterprise X card can web you almost $700 in worth throughout your first yr should you be a part of all of them (however ensure you’re a superb match earlier than doing so).
  • No Overseas Transaction Charges. Enterprise X doesn’t cost worldwide transaction charges. Most premium journey playing cards don’t, however that is nonetheless notable in case your travels take you overseas typically.

Disadvantages of the Capital One Enterprise X Card

Does the Enterprise X Card have any drawbacks? Nicely, sure — all bank cards do. These downsides give me probably the most pause.

  • No Mile Redemption Bonuses. In contrast to another superpremium journey playing cards, together with the Chase Sapphire Reserve card, you get no bonus from Enterprise X once you redeem for journey purchases. In contrast, each Sapphire Reserve journey redemption is value 50% greater than normal redemptions.
  • No Main U.S. Airways Amongst Switch Companions. Enterprise X additionally compares unfavorably to Sapphire Reserve on the switch companion entrance. Sure, it has extra companions than the Chase card, however there are not any main home U.S. airways amongst them (and only one home U.S. lodge household). So it’s not as helpful for home vacationers.
  • Journey Credit score Restricted to Capital One Journey Bookings. The Enterprise X journey credit score solely applies to Capital One Journey bookings moderately than bookings made with different on-line journey companies or immediately with the journey vendor. However that’s an inconvenience, most likely not a deal-breaker.

How the Capital One Enterprise X Card Stacks Up

The Capital One Enterprise X Card bears a more-than-passing resemblance to the Chase Sapphire Reserve card, one other superpremium journey rewards bank card. Which is a greater match for you? See how they evaluate, then determine for your self.

Enterprise X Sapphire Reserve
10x Earn Charge Resorts and rental automobiles booked by Capital One Journey Resorts and rental automobiles booked by Chase Journey, eligible Chase Eating purchases
5x Earn Charge Flights booked by Capital One Journey Flights booked by Chase Journey
3x Earn Charge None Different journey and eating purchases 
2x Earn Charge All different eligible purchases None (1x factors on all different purchases)
Redemption Bonus None 50% on journey redemptions
Switch Ratio Usually 1-to-1 Usually 1-to-1
Annual Journey Credit score $300 $300
Airport Lounge Profit 1,400+ lounges worldwide 1,300+ lounges worldwide
Annual Price $395, no licensed consumer price $550 plus $75 per licensed consumer

Different Alternate options to Contemplate

If neither Enterprise X nor Sapphire Reserve communicate to your interior traveler, one in all these options may. I’d personally suggest all of them, however do take note of the core use circumstances we’ve known as out in the proper column — they’re not all applicable for all vacationers.

Closing Phrase

Individuals ask me for premium journey bank card suggestions on a regular basis, often individuals who couldn’t care much less who they fly or stick with. For years, my response was at all times the identical: Chase Sapphire Reserve is the place it’s at.

Not anymore. Now that the Capital One Enterprise X rewards card is a factor, I tailor my suggestions to my viewers. To folks with strong however not lavish journey budgets and restricted trip days, I current Enterprise X. To those that appear to spend extra day out of city than at dwelling, I nonetheless push Sapphire Reserve.

I haven’t heard any complaints but.