Capital One Enterprise X Enterprise Card Evaluate: Is It Value It?

I’m a sucker for an excellent journey rewards card. Through the years, I’ve collected a small handful of them — not as a result of I really like juggling annual charges, however as a result of the fitting playing cards can prevent a lot of cash on flights, lodges, and journey perks you’d in any other case pay out of pocket for.

Not solely do I’ve a bunch for my private bills however I’ve a pair for this enterprise too. One in every of my favourite enterprise bank cards is the Capital One Enterprise X Enterprise Credit score Card. It’s Capital One’s top-tier enterprise product. I adore it as a result of there’s an enormous welcome supply, lounge entry to over 1,300 airport lounges, annual journey credit, and a easy 2x reward on all spending (which ensures you’re at all times incomes multiples miles per greenback spent).

That will help you determine if this card is for you, right here’s my full evaluation of the cardboard and why I adore it a lot:

What’s the Capital One Enterprise X Enterprise Card?

The Capital One Enterprise X Enterprise Credit score Card is a journey rewards card issued by Capital One. It comes with a $395 annual payment that’s manner decrease than the opposite premium enterprise playing cards on the market. And I feel you’ll be able to simply get far more worth than the annual payment prices. Right here’s a fast have a look at the principle perks:

• 150,000 miles after spending $30,000 within the first 3 months
• 2 miles per $1 on all purchases, no class restrictions
• 5× miles on flights booked by Capital One Journey
• 10× miles on lodges and rental automobiles booked by Capital One Journey
• $300 annual journey credit score (by Capital One Enterprise Journey)
• Yearly, you’ll get 10,000 bonus miles after your account anniversary date.
• Get pleasure from entry to 1,300+ airport lounges worldwide, together with Capital One Lounge areas and Precedence Cross™ lounges, after enrollment
• As much as $120 assertion credit score for TSA Precheck or World Entry
• No international transaction charges

Utilizing Your Capital One Miles

Capital One miles will be redeemed in a number of methods. One is by reserving journey instantly by Capital One’s portal. Whereas I normally don’t suggest reserving by bank card portals, to completely profit from the Enterprise X’s journey credit score (and to get the 5x and 10x miles affords) you’ll want to make use of their portal.

An alternative choice is to make use of your miles to get reimbursed for any journey buy. For 90 days after making such a purchase order, you’ll be able to reimburse your self at a redemption charge of 1 cent per mile. After 90 days, and for all different purchases, you need to use miles as money again, at a redemption charge of 0.5 cents per mile (however keep away from doing this, because it’s not an excellent worth).

You may also use your Capital One miles within the Capital One Leisure portal to guide tickets for concert events, sports activities occasions, and extra. Often, Capital One affords cardholder-only occasions and presale alternatives too. When you’ll get simply 0.8 cents per mile for tickets (not the very best worth), it’s nonetheless a enjoyable and distinctive strategy to redeem miles.

Nonetheless, you’ll get essentially the most out of your miles by transferring them to Capital One’s 15+ airline and resort companions. Whereas the precise worth varies based mostly on what you guide, you’ll be able to normally discover airline and resort redemptions price rather more than the aforementioned one cent per mile. (The method is fairly simple and will be finished by your Capital One account.)

Listed here are Capital One’s present journey companions:

• Accor Dwell Limitless
• Aeromexico Membership Premier
• Air Canada Aeroplan
• Air France/KLM Flying Blue
• Avianca LifeMiles
• British Airways Government Membership
• Cathay Pacific Asia Miles
• Selection Privileges
• Emirates Skywards
• Etihad Airways Visitor
• EVA Air Infinity MileageLands
• Finnair Plus
• I Choose Lodge Rewards
• Japan Airways Mileage Financial institution
• Qantas Frequent Flyer
• Qatar Airways Privilege Membership
• Singapore Airways KrisFlyer
• TAP Portugal Miles&Go
• Turkish Airways Miles&Smiles
• Virgin Crimson
• Wyndham Rewards

Professionals of the Enterprise X Enterprise Card

As somebody who travels always for work, I’m at all times in search of methods to earn miles sooner and make airport life rather less painful. I like this card for the easy 2x miles on the whole lot. I take advantage of numerous different playing cards that may get you 3 or 4x on sure classes like promoting or non-portal journey spend like flights and lodges. However in relation to eating, museums, transportation, and so on, there’s not numerous methods to get greater than 2x per greenback spent on a enterprise card. So, I take advantage of this Enterprise X for something I can’t get greater than 2x per greenback.

Right here’s a deep dive into a number of the essential perks:

$300 Journey Credit score
Every year, you get a $300 credit score towards bookings made by Capital One Enterprise Journey (flights, lodges, or automobile leases). In the event you’re already reserving journey recurrently, this credit score is principally free cash — and it instantly drops your efficient annual payment from $395 to $95.

The catch? You do should guide by Capital One’s journey portal. It’s powered by Hopper, so the interface is clear and costs are normally aggressive. I’ve discovered some good offers there.

Lounge Entry
You get entry to Capital One Lounges and Precedence Cross lounges. Capital One’s personal lounges are literally nice — spacious, trendy, good meals — although they’re nonetheless restricted location. However they’re increasing what number of they’ve and I personally assume they’re manner higher than the opposite lounges competitor banks have. You additionally get Precedence Cross entry t o over 1,300 lounges globally, which is a standard however very nice perk.

Anniversary Bonus
Yearly in your account anniversary, you’ll get 10,000 bonus miles (price about $100 towards journey). It’s a pleasant “thanks” that helps offset the annual payment even additional.
 

Ought to You Get This Card?

The Capital One Enterprise X Enterprise Credit score Card is greatest for small- to medium-sized enterprise house owners who journey recurrently and may put no less than $30,000 to make sure they meet the welcome supply necessities.

General, I feel the Capital One Enterprise X Enterprise is likely one of the best-value premium enterprise playing cards on the market proper now. It’s not as benefit-packed or as flashy because the Amex Enterprise Platinum or the Chase Sapphire Reserve, however it’s simpler to make use of, has a inexpensive annual payment, will get you lounge entry, and a simple to grasp incomes construction.

It’s one of many playing cards I take advantage of essentially the most typically for my enterprise. I extremely suggest getting it.

Cease paying full worth for journey!

Obtain my free information to factors and miles and learn to use factors and miles without cost journey! It is how all the professionals journey a lot! On this information, I will present you:

• Tips on how to Choose a Credit score Card
• Tips on how to Earn As much as 10x Miles on Your Spending
• Tips on how to Redeem Your Factors
• And a Ton of Different Cash Saving Ideas!