Capital One Enterprise Rewards assessment: Elevated earnings

I added the Capital One Enterprise Rewards Credit score Card to my pockets over 10 years in the past for its easy incomes charges and modest $95 annual payment (see charges and charges).

It has remained a invaluable mid-tier journey rewards card as a consequence of its easy incomes charges and no international transaction charges. Plus, you’ve got a number of methods to redeem your rewards, together with protecting current journey purchases at a set charge and transferring your miles to any of the 15-plus Capital One airline and resort companions. Card ranking*: ⭐⭐⭐⭐½

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

Capital One Enterprise Rewards Credit score Card: The fundamentals

The Capital One Enterprise Rewards affords a minimum of 2 miles per greenback spent on each buy, making it a superb on a regular basis spending card. Plus, it affords 5 miles per greenback spent on lodges, trip leases and rental vehicles booked by Capital One Journey. These incomes charges make the Capital One Enterprise Rewards card an interesting and good possibility for shoppers who wish to use one card for all their purchases.

Not like most of the different greatest on a regular basis spending playing cards, the Enterprise Rewards card stands out by providing no international transaction charges. The cardboard carries a $95 annual payment however affords a $50 expertise credit score on each Life-style Assortment reserving, complimentary Hertz 5 Star standing and as much as a $120 assertion credit score (each 4 years) whenever you use your Enterprise card to use for World Entry or TSA PreCheck. Plus, cardholders get pleasure from worth prediction and free worth drop safety when reserving flights by Capital One Journey.

The Capital One Enterprise Rewards earns miles which you can redeem for journey, money again, reward playing cards, experiences and extra. However you may as well switch your miles to 15-plus journey loyalty applications, together with Air Canada Aeroplan, Air France-KLM Flying Blue and Alternative Privileges.

Associated: 7 causes to get the Capital One Enterprise Rewards card

Capital One Enterprise Rewards Credit score Card execs and cons

Associated: Why I preserve the Capital One Enterprise Rewards card in my pockets

Capital One Enterprise Rewards Credit score Card advantages

The Capital One Enterprise Rewards affords cardholders a number of advantages that assist offset the cardboard’s $95 annual payment.

Worth prediction and free worth drop safety

One among my favourite advantages of the Capital One Enterprise Rewards is the worth prediction and free worth drop safety that is out there once I e-book flights by Capital One Journey.

The value prediction seems anytime you seek for a flight by Capital One Journey. It gives steering on whether or not to e-book now and likewise estimates how pricing is more likely to change in case you wait to e-book.

If the worth prediction advises reserving now, Capital One Journey will routinely apply worth drop safety to that buy at no further cost. Then, you will obtain as much as $50 of the distinction again if the worth drops inside 10 days.

These two options typically give me the arrogance I have to e-book or proceed to trace costs. I’ve gotten a reimbursement on a number of flights through the automated worth drop safety, which is at all times a pleasant shock.

Worth match assure on choose journey bookings

You even have some safety in case you e-book a flight, resort or rental automotive by Capital One Journey after which discover a higher worth for a similar flight, resort or rental automotive on one other web site inside 24 hours of reserving. Particularly, you possibly can name Capital One Journey, submit a worth match declare after which get a journey credit score for the distinction if the agent can confirm the cheaper price.

I’ve efficiently executed worth match ensures for a number of flights, with the cellphone calls typically taking beneath 10 minutes. Take note, although, that the itinerary should be an actual match to what you booked on Capital One Journey, and you need to submit your declare inside 24 hours of constructing your reservation by Capital One Journey. The value should be in {dollars} and out there to most people with none coupons, promotions or member reductions.

World Entry or TSA PreCheck assertion credit score

Capital One Enterprise Rewards cardholders obtain as much as a $120 assertion credit score each 4 years for the applying payment for both World Entry or TSA PreCheck. The credit score will apply to whichever program is utilized to first, so contemplate your utility timing in case you plan to pay for purposes to each applications along with your card.

I like having World Entry, because it lets me get by U.S. immigration queues shortly, and it additionally provides me TSA PreCheck. I would pay the World Entry utility payment even when my Capital One Enterprise Rewards card did not provide an announcement credit score, so this perk successfully provides me (as much as) $120 again each 4 years.

Complimentary Hertz 5 Star standing

Capital One Enterprise Rewards cardholders can enroll in complimentary Hertz 5 Star standing by the “Advantages” tab of the Capital One web site or cell app. Nevertheless, it could take as much as 72 hours after you register for Hertz standing for the improve to take impact, so do not wait till you are about to choose up your rental automotive to register.

I like having Hertz 5 Star standing, because it gives upgrades when out there, 25% extra factors and a wider selection of automobiles at Final Alternative areas.

Perks on eligible Life-style Assortment stays

Every time you make an eligible Life-style Assortment reserving by Capital One Journey, you will get a $50 expertise credit score to get pleasure from throughout your keep. The reserving should be made within the cardholder’s title, and the cardholder should be staying on the eligible reserving.

In case you are staying at a resort, the resort will apply the credit score at checkout to qualifying expenses as much as $50. Test with the resort to find out which expenses are qualifying, after which cost qualifying expenses to your room throughout your keep. When you’re staying at a trip rental, the host supplier will apply the credit score whenever you e-book an eligible expertise with a Capital One bank card. Nevertheless, at some trip rental properties, it’s possible you’ll get the expertise credit score as a present card.

You will additionally get pleasure from different perks on eligible Life-style Assortment stays, together with complimentary Wi-Fi, early check-in and late checkout. Nevertheless, early check-in and late checkout are solely supplied when out there, and bookings could have a minimal keep requirement. At lodges, you might be additionally eligible for a room improve (topic to availability).

Capital One Eating and Leisure

Capital One Enterprise Rewards cardholders additionally get entry to Capital One Eating and Capital One Leisure.

The leisure platform could also be your ticket to cardholder-only VIP packages and hard-to-secure tickets to in style video games, concert events and reveals. For instance, you possibly can safe tickets for the upcoming FIFA World Cup by Capital One Leisure.

In the meantime, the eating platform might help you safe hard-to-get reservations at prime eating places and supply entry to unique eating occasions.

Associated: Is the Capital One Enterprise Rewards card price it?

Tips on how to earn and use your rewards

Capital One miles are straightforward to earn and redeem but nonetheless provide important worth. This is what you need to learn about incomes and redeeming Capital One miles.

Incomes miles

The Capital One Enterprise Rewards affords simple-to-remember incomes charges. Particularly, you will earn 5 miles per greenback spent on lodges, trip leases and rental vehicles booked by Capital One Journey and a couple of miles per greenback spent on all different purchases.

These incomes charges make the Capital One Enterprise Rewards a superb possibility, whether or not it is your solely card otherwise you use it primarily for purchases that would not earn bonus rewards on different playing cards. I typically use my Capital One Enterprise Rewards for purchases that will earn simply 1 level or mile per greenback spent if I used one other rewards bank card.

Redeeming miles

One of many huge positives of the Capital One Enterprise Rewards is the flexibleness of its miles. Nevertheless, the 2 greatest methods to redeem Capital One miles are to cowl current journey purchases and to switch earnings to pick out airline or resort loyalty applications.

Redeeming Capital One miles to cowl current journey purchases provides you 1 cent per mile and is extremely straightforward. When you make an eligible journey buy along with your card, you will have 90 days to log into the Capital One app or web site and redeem rewards to cowl your buy.

Nevertheless, I want to redeem my miles by transferring them to the 15-plus Capital One airline and resort program companions. A few of my favourite choices embrace Air France-KLM Flying Blue, Air Canada Aeroplan and Avianca LifeMiles, however you even have entry to JetBlue TrueBlue, Wyndham Rewards and lots of different applications. I just lately redeemed 80,000 Air Canada Aeroplan factors (together with $85 in taxes and charges) to fly in enterprise class from Cape City to Perth, Australia, on an itinerary that will have in any other case value $2,233.

So long as you get greater than 1 cent per mile when transferring miles to companions, that is essentially the most invaluable redemption possibility. Nevertheless, TPG’s January 2026 valuations peg the worth of Capital One miles at 1.85 cents every. So, you will often wish to select airline or resort applications that provide a minimum of this a lot worth to your miles whenever you switch them.

Associated: Have the Capital One Enterprise Rewards Card however new to factors and miles? This is what it’s essential to know

Downsides of the Capital One Enterprise Rewards Credit score Card to contemplate

The Capital One Enterprise Rewards will not be the best card for everybody. Listed here are some drawbacks to remember:

• You will solely earn 2 miles per greenback spent on most purchases (solely lodges, trip leases and rental vehicles booked through Capital One Journey earn 5 miles per greenback spent).
• There are not any airport lounge advantages.
• There are not any annual assertion credit or miles to assist offset the annual payment.
• JetBlue is the one U.S. airline that could be a switch companion.

If the dearth of airport lounge advantages and potential problem in offsetting the annual payment are your main considerations concerning the Capital One Enterprise, it could be price contemplating the Capital One Enterprise X Rewards Credit score Card as an alternative.

Capital One Enterprise Rewards vs. Enterprise X

The Capital One Enterprise X has a better annual payment ($395; see charges and charges) than the Enterprise ($95), nevertheless it affords $300 in annual credit towards bookings made by Capital One Journey. Subsequently, theoretically, the annual payment of the 2 playing cards is identical, supplied you e-book a minimum of $300 of journey by Capital One Journey every account anniversary 12 months.

Enterprise X cardholders additionally get 10,000 bonus miles on every account anniversary, beginning with the primary anniversary. Between the bonus miles and the annual journey credit score, most shoppers will get extra worth than the cardboard’s annual payment annually.

Plus, the Enterprise X affords 10 miles per greenback spent on lodges and rental vehicles booked by Capital One Journey, 5 miles per greenback spent on flights and trip leases booked by Capital One Journey and a couple of miles per greenback spent on all different purchases. Capital One Enterprise X cardholders additionally get entry to Precedence Cross lounges and Capital One lounges.

Select the Capital One Enterprise X in case you prioritize:

• Credit and miles that may offset the annual payment
• Increased incomes charges on some kinds of journey booked by Capital One Journey
• Entry to Precedence Cross and Capital One airport lounges

Select the Capital One Enterprise Rewards in case you prioritize:

Associated: Capital One Enterprise Rewards vs. Capital One Enterprise X: Price the additional $300?

When to use for the Capital One Enterprise Rewards Credit score Card

You will wish to apply for the Capital One Enterprise Rewards Credit score Card when its welcome provide is 75,000 miles or increased. We have solely seen affords increased than 75,000 miles in airports from June 2023 to July 2024, and these affords have been focused.

As such, the present welcome provide is price contemplating: Earn 75,000 bonus miles plus a $250 Capital One Journey credit score (to make use of throughout your first cardholder 12 months) after spending $4,000 on purchases inside the first three months from account opening.

Nevertheless, Capital One will not approve you for a brand new Capital One Enterprise Rewards card in case you opened a Enterprise Rewards or Enterprise X card and earned a bonus within the final 48 months. So, you will want to attend a minimum of 48 months after incomes a welcome bonus on both of those playing cards earlier than you apply for the Capital One Enterprise Rewards.

Associated: Are you eligible for the Capital One Enterprise Rewards’ welcome bonus?

Playing cards to contemplate if you do not need the Capital One Enterprise Rewards

If the Capital One Enterprise Rewards is not best for you, listed here are a number of different playing cards to contemplate:

For different choices, learn our story on the perfect starter journey bank cards.

Associated: Tips on how to choose the best journey bank card for you

Backside line

The Capital One Enterprise Rewards Credit score Card stays a well-liked journey rewards card as a consequence of its modest $95 annual payment, its simplicity and its flexibility.

When you solely need one card or are in search of a card for purchases that do not earn bonus rewards on different playing cards, the Capital One Enterprise Rewards is an effective selection. Plus, you should use rewards from the cardboard at a set charge of 1 cent per mile or decide to switch to any of the 15-plus Capital One journey companions.

This simplicity and suppleness are why I’ve saved the cardboard for over 10 years.

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Study extra: Capital One Enterprise Rewards Credit score Card

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