Editor’s observe: This can be a recurring submit, repeatedly up to date with new data and affords.
The world of factors, miles and bank cards may be complicated — full of probably complicated phrases and unfamiliar abbreviations. That’s what makes a card just like the Capital One Enterprise Rewards Credit score Card such a treasured commodity, with its simplicity in redeeming miles and a variety of priceless airline and resort switch companions.
Whereas it’s often in contrast to the extra premium Capital One Enterprise X Rewards Credit score Card, the Enterprise has loads to supply by itself. With the various methods to make use of your rewards, reserving free journey may be as difficult or easy as you make it.
Listed below are seven the explanation why the Capital One Enterprise is likely one of the finest rewards bank cards to have in your pockets.
Invaluable welcome provide
The Capital One Enterprise card affords a welcome provide of 75,000 bonus miles after spending $4,000 on purchases throughout the first three months of account opening, plus a $250 Capital One Journey credit score within the first cardholder yr.
When you plan to switch your miles to Capital One’s resort or airline companions, this welcome provide is price round $1,638 (when including collectively the worth of the miles and the $250 Journey credit score), in accordance with our July 2024 valuations. In fact, it’s attainable to get much more worth from them relying on which switch companions you leverage and which awards you ebook.
Nevertheless, even when you use your miles at a hard and fast worth for journey purchases, you’ll nonetheless get $750 price of flights, resorts or automotive leases.
Nice for on a regular basis spending
Many different bank cards provide bonus factors on widespread buy classes equivalent to groceries, gasoline or eating places. However what about purchases that don’t fall underneath certainly one of these classes, equivalent to on-line procuring, fitness center memberships or kitchen home equipment?
The Capital One Enterprise earns an uncapped 2 miles per greenback on each buy — a 3.7% return on each greenback per TPG valuations.
You’ll additionally earn 5 miles per greenback on resorts and automotive leases booked by means of the Capital One journey portal. However for on a regular basis spending, the Enterprise is good since there aren’t any classes to maintain observe of and no bonuses to fret about lacking out on.
Straightforward to redeem miles
The Capital One Enterprise permits you to redeem your miles at a hard and fast worth towards journey fees. This implies you possibly can successfully cowl eligible journey purchases made within the final 90 days by redeeming your miles at a fee of 1 cent every.
There’s no minimal redemption quantity, both (until you don’t have sufficient miles to cowl the whole buy, by which case the minimal is 2,500 miles). Let’s say you ebook a one-way, home award flight and pay the $5.60 in taxes together with your card. You should use 560 miles — as every mile is price 1 cent — to cowl this small buy.
Capital One makes it straightforward to redeem your miles this fashion, and you’ve got two choices. You may both ebook immediately by means of the Capital One journey portal by deciding on miles as your cost choice, or you possibly can merely buy journey together with your bank card – an airline ticket or a resort reservation, as an example – then log into your account afterward and choose the choice to money them in as a press release credit score towards the cost.
Nice airline and resort switch companions
You may squeeze extra worth out of your Capital One miles by transferring them to any of the following 15+ journey loyalty companions. Your entire Capital One miles will switch at a easy 1:1 fee, excluding two companions (as famous beneath):
- Accor Stay Limitless (2:1)
- Aeromexico Membership Premier
- Air Canada Aeroplan
- Air France-KLM Flying Blue
- Avianca LifeMiles
- British Airways Avios
- Cathay Pacific Asia Miles
- Selection Privileges
- Emirates Skywards
- Etihad Visitor
- EVA Infinity MileageLands (2:1.5)
- Finnair Plus
- Qantas Frequent Flyer
- Singapore KrisFlyer
- TAP Air Portugal Miles&Go
- Turkish Airways Miles&Smiles
- Wyndham Rewards
- Virgin Pink
Capital One affords some of the numerous transferable factors applications round. You’ve airways protecting all three main alliances and several other non-alliance airways, equivalent to Etihad and Emirates. A few of these choices (equivalent to Finnair) are distinctive to Capital One, too.
Associated: To switch or to not switch: What to do with Capital One miles
Convert money again from different Capital One playing cards into Enterprise miles
You may convert cash-back rewards from Capital One into miles when you even have a Capital One miles-earning card.
For instance, you possibly can flip the money again you earn with the Capital One Savor Money Rewards Credit score Card into miles when you’ve additionally received the Capital One Enterprise or the no-annual-fee Capital One VentureOne Rewards Credit score Card (see charges and costs).
Meaning you possibly can benefit from the Savor’s bonus incomes classes, together with eating and groceries, to rack up a number of further rewards you possibly can convert into Capital One Enterprise miles after which switch to this system’s airline and resort companions.
The knowledge for the Capital One Savor Money Rewards card 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.
Invaluable ongoing perks
Though the Capital One Enterprise card isn’t actively competing with advantages offered by ultra-premium playing cards such because the Chase Sapphire Reserve® or The Platinum Card® from American Specific, it does provide some modest perks:
- No overseas transaction charges (see charges and costs)
- MasterRental Insurance coverage*
- Journey Assistant Providers*
- Buy Assurance*
*For Capital One merchandise listed on this web page, a few of the advantages could also be offered by Visa® or Mastercard® and should range by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Affordable annual charge
The Capital One Enterprise card solely fees a $95 annual charge (see charges and costs), which is a low value for such a doubtlessly priceless card. It’s straightforward to offset the annual charge’s value between the easy-to-use incomes construction, a easy redemption course of, a various set of switch companions and different perks.
Nevertheless, be sure you crunch the numbers and ensure that the higher-priced Enterprise X card doesn’t make extra sense on your scenario. With an array of added perks — like $300 in annual credit for Capital One Journey purchases and 10,000 bonus miles once you renew your card — it’s possible you’ll simply cowl the extra annual charge on the premium Enterprise product.
Associated: The 8 finest bank cards with annual charges underneath $100
Backside line
The Capital One Enterprise Rewards Credit score Card is a good hybrid bank card that’s a powerful candidate for an all-in-one card.
Not solely do you accumulate 2 miles per greenback on each buy, however you can also hold issues easy and versatile by redeeming your miles for the journey purchases you placed on the cardboard. When you determine to review award charts and search for candy spots as a substitute, you’ll have a number of airline and resort applications to select from within the Capital One switch accomplice lineup.
That’s what makes the Enterprise so particular — it lets cardholders earn miles quick after which use them in myriad methods for outsized worth. All that and extra is why the cardboard deserves a spot in your pockets, particularly with its priceless welcome provide.
Study extra: Capital One Enterprise Rewards Card