Editor’s notice: This put up has been up to date with new info and presents.

The Capital One Enterprise Rewards Credit score Card (see charges and costs) supplies nice worth to occasional vacationers and people wanting to maximise their points-earning. The $95-annual-fee card earns 2 miles per greenback on all purchases, plus presents a World Entry/TSA PreCheck credit score (as much as $100).

Its flashier sibling, the $395-annual-fee Capital One Enterprise X Rewards Credit score Card (see charges and costs) presents an enhanced journey expertise to compete with The Platinum Card® from American Categorical and the Chase Sapphire Reserve.

For those who don’t carry both card — the Enterprise or the Enterprise X — you might surprise: Must you apply for the well-established, crowd-pleasing Enterprise or shake issues up with the higher-priced Enterprise X?

Right here, we’ll intently study each playing cards to assist vacationers determine which Capital One card is the best choice for you.

Evaluating the Enterprise X and Enterprise

For an annual price distinction of $300, you’ll get a number of perks — together with limitless lounge entry, extra assertion credit and bonus anniversary miles.

However are all of those perks price it? Let’s put these playing cards to the take a look at within the following sections.

Welcome provide

TPG values its valuation Capital One miles at 1.85 cents per mile. This implies you may get unbelievable worth from the bonuses on each playing cards.

For each the Enterprise X and the Enterprise, you’ll earn 75,000 bonus miles after spending $4,000 within the first three months of account opening. These miles are price round $1,388, based mostly on TPG’s valuations, making now a good time to use for both card.

Winner: Tie.

Bonus classes

One in all our favourite elements of the Enterprise is its approachable incomes charge of two miles per greenback on all eligible purchases. And cardholders who e-book resorts and rental vehicles by the Capital One Journey portal will take pleasure in an improved 5 miles per greenback on these purchases.

The Enterprise X takes that very same on a regular basis incomes charge that we love (2 miles per greenback) however layers in extra travel-geared bonus classes. You’ll earn 10 miles per greenback on resorts and rental vehicles booked by the Capital One Journey portal and 5 miles per greenback on flights booked by the portal. With the Enterprise, you will not earn bonus miles on flights, and your earn charge on resorts and rental vehicles is halved to five miles per greenback spent.

Winner: Enterprise X is the clear winner. Nonetheless, it’s price declaring that you could be need to keep away from reserving resorts and rental vehicles by the portal in case you’re pursuing (or have already got) elite standing. The portal is taken into account a third-party platform, so that you possible received’t obtain any elite credit or advantages when reserving this fashion (although Hertz is one necessary exception).

Redemption choices

Capital One has 18 airline and lodge switch companions, most transferring at a 1:1 ratio:

• Aeromexico Membership Premier
• Air Canada Aeroplan
• Air France-KLM Flying Blue
• ALL Accor Stay Limitless (2:1)
• Avianca LifeMiles
• British Airways Government Membership
• Cathay Pacific Asia Miles
• Selection Privileges
• Emirates Skywards
• Etihad Visitor
• EVA Air Infinity MileageLands (2:1.5)
• Finnair Plus
• Qantas Frequent Flyer
• Singapore Airways KrisFlyer
• TAP Portugal Miles & Go
• Turkish Airways Miles & Smiles
• Virgin (Virgin Crimson)
• Wyndham Rewards

Even when most of Capital One’s companions are worldwide airways, don’t low cost them, as there’s nonetheless large worth to be discovered in case you can leverage the assorted applications’ candy spots. Plus, accessing extra switch companions solely helps present extra flexibility when it’s time to redeem your miles. Some notable applications embody Air Canada Aeroplan, British Airways Government Membership and Turkish Airways Miles & Smiles.

If simplicity is your factor, you possibly can as a substitute redeem your miles for any travel-related purchases in your assertion at a charge of 1 cent every with both card. Whereas that is underneath our valuation of 1.85 cents, this can be a nice strategy to scale back these different journey costs like group excursions and ride-hailing providers.

Winner: Tie. Although the Enterprise X carries the next annual price, it presents the very same redemption choices because the Enterprise.

Card advantages

Maybe the largest distinction between the 2 playing cards is the sheer variety of advantages that include the Enterprise X.

The Enterprise is a pared-down model of the Enterprise X, with solely two passes per yr to go to Capital One’s airport lounges (simply the Dallas-Fort Price location for now — however extra are deliberate). Just like the Enterprise X, the Enterprise card additionally presents a World Entry/TSA PreCheck reimbursement credit score.

Alternatively, with the Enterprise X, you’ll take pleasure in a number of extra perks:

From the 2 tangible advantages — the ten,000 bonus miles and $300 annual journey credit score — that’s $485 in worth alone. This covers the complete distinction between the annual charges on the 2 playing cards.

Winner: Enterprise X. The $300 annual price distinction will get you a gentle quantity of perks that can make an unlimited distinction in your journey expertise. With limitless entry to Capital One and Precedence Go lounges, as much as $300 in annual journey credit score by the Capital One portal and extra, the worth of the Enterprise X’s extra sturdy advantages turns into much more obvious.

Associated: 6 issues to do once you get the Capital One Enterprise X

When must you get the Enterprise X?

The Enterprise X supplies appreciable first-year worth, with the 75,000 bonus miles after spending $4,000 within the first three months of account opening. Coupled with the opposite perks on the cardboard not discovered on the Enterprise, most vacationers shouldn’t have any hassle justifying the upper $395 annual price — regardless that the sign-up bonuses are an identical.

Beneficiant approved person advantages

Whereas the $395 annual price is steep, the advantages will be shared amongst as much as 4 approved customers. When you have trusted members of the family or buddies, you possibly can add them totally free and share limitless entry to Capital One, Precedence Go and Plaza Premium lounges (with the identical visitor entry because the cardholder). Approved customers can even reap the benefits of the cardboard’s complete journey and buy protections, which will be actual money-savers when issues go mistaken on the highway.

Cellphone safety

That is the primary Capital One card to come back with cellphone safety, a fairly superb profit in case your telephone will get broken, stolen and even misplaced if it’s unrecoverable.

Associated: Unbelievable perks and a 75,000-mile bonus: A assessment of the Capital One Enterprise X

When must you get the Enterprise?

Although the Enterprise X wins in practically each class that we have analyzed, that doesn’t imply the Enterprise ought to be out of the operating utterly.

The Enterprise X’s advantages don’t work together with your way of life

For those who journey too occasionally to maximise the complete potential of the Enterprise X, then the Enterprise is probably going higher suited to you. Admittedly, the Enterprise X’s perks are designed for highway warriors and frequent flyers. Capital One has just one lounge presently open at DFW, and whereas there are extra within the pipeline, it’ll undoubtedly take time for the complete advantage of Capital One lounges to be realized.

Whereas profitable, the credit on the Enterprise X are nonetheless extra restricted when in comparison with the $300 journey credit score on the Chase Sapphire Reserve, which is likely one of the most beneficiant credit we’ve seen on any card. In consequence, in case you at all times e-book instantly and don’t need to decide to reserving by the Capital One Journey portal, you would possibly discover it onerous to take full benefit of the Enterprise X’s $300 annual journey credit score.

You have already got Precedence Go, Centurion Lounge or different lounge entry

For a lot of vacationers, airport lounges are a saving grace to get work performed or seize a meal earlier than your flight departs. But when you have already got one other card that grants you Precedence Go or another kind of lounge entry, carrying the Enterprise X is probably not mandatory.

As an example, the Amex Platinum grants you entry to the American Categorical World Lounge Assortment, together with the issuer’s personal Centurion Lounges in addition to Delta Sky Golf equipment (when flying Delta) and Precedence Go (besides restaurant venues).

Associated: 8 methods the Amex Centurion Lounge can fight overcrowding, enhance the expertise

You’re searching for a fixed-rate rewards card for non-bonus bills

On the finish of the day, the Enterprise nonetheless presents 2 miles on all different eligible purchases — the identical charge because the Enterprise X. For those who’re merely wanting so as to add a flat-rate incomes card to your technique to maximise these purchases that are likely to fall exterior of widespread buy classes, the Enterprise continues to be a incredible card to earn all these additional factors.

Associated: Earn 75,000 bonus miles: Capital One Enterprise Rewards Credit score Card assessment

Backside line

Capital One entered the premium card market with a splash in 2021, with the Enterprise X among the many most enjoyable card launches we’ve seen. For many vacationers, the Enterprise X is the uncontested winner.

Nonetheless, the Enterprise Rewards continues to face its floor with its personal advantages and a $95 annual price that’s far more approachable for award journey newbies.

Software hyperlink: Capital One Enterprise X
Software hyperlink Capital One Enterprise Rewards

Further reporting by Ryan Wilcox and Christina Ly.

For charges and costs of the Enterprise, click on right here.

For charges and costs of the Enterprise X, click on right here.

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

*Upon enrollment, accessible by the Capital One web site or cellular app, eligible cardholders will stay at upgraded standing degree by Dec. 31, 2024. Please notice, enrolling by the conventional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) is not going to mechanically detect a cardholder as being eligible for this system and cardholders is not going to be mechanically upgraded to the relevant standing tier. Further phrases apply.