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 price (see charges and charges).

It has remained a useful mid-tier journey rewards card on account of its simple incomes charges and no international transaction charges. Plus, you may have a number of methods to redeem your rewards, together with overlaying latest journey purchases at a set fee and transferring your miles to any of the 15-plus Capital One airline and resort companions. Card score*: ⭐⭐⭐⭐½

*Card score is predicated 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 provides a minimum of 2 miles per greenback spent on each buy, making it a superb on a regular basis spending card. Plus, it provides 5 miles per greenback spent on accommodations, trip leases and rental vehicles booked by way of Capital One Journey. These incomes charges make the Capital One Enterprise Rewards card an interesting and good choice for customers who need to use one card for all their purchases.

In contrast to lots 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 price however provides a $50 expertise credit score on each Way of life Assortment reserving, complimentary Hertz 5 Star standing and as much as a $120 assertion credit score (each 4 years) while you use your Enterprise card to use for World Entry or TSA PreCheck. Plus, cardholders get pleasure from value prediction and free value drop safety when reserving flights by way of Capital One Journey.

The Capital One Enterprise Rewards earns miles that you would be able to redeem for journey, money again, reward playing cards, experiences and extra. However you too can 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 provides cardholders a number of advantages that assist offset the cardboard’s $95 annual price.

Worth prediction and free value drop safety

Certainly one of my favourite advantages of the Capital One Enterprise Rewards is the value prediction and free value drop safety that is out there after I ebook flights by way of Capital One Journey.

The worth prediction seems anytime you seek for a flight by way of Capital One Journey. It gives steering on whether or not to ebook now and in addition estimates how pricing is prone to change if you happen to wait to ebook.

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

These two options typically give me the boldness I must ebook or proceed to trace costs. I’ve gotten a reimbursement on a number of flights by way of the automated value drop safety, which is at all times a pleasant shock.

Worth match assure on choose journey bookings

You even have some safety if you happen to ebook a flight, resort or rental automobile by way of Capital One Journey after which discover a higher value for a similar flight, resort or rental automobile on one other web site inside 24 hours of reserving. Particularly, you’ll be able to name Capital One Journey, submit a value match declare after which get a journey credit score for the distinction if the agent can confirm the lower cost.

I’ve efficiently completed value match ensures for a number of flights, with the cellphone calls typically taking underneath 10 minutes. Take into account, although, that the itinerary should be an actual match to what you booked on Capital One Journey, and you could submit your declare inside 24 hours of creating your reservation by way of Capital One Journey. The worth 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 price for both World Entry or TSA PreCheck. The credit score will apply to whichever program is utilized to first, so take into account your utility timing if you happen to plan to pay for purposes to each applications together with your card.

I like having World Entry, because it lets me get by way of U.S. immigration queues shortly, and it additionally offers me TSA PreCheck. I would pay the World Entry utility price even when my Capital One Enterprise Rewards card did not supply a press release credit score, so this perk successfully offers 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 way of the “Advantages” tab of the Capital One web site or cellular app. Nevertheless, it might 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 select up your rental automobile to register.

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

Perks on eligible Way of life Assortment stays

Every time you make an eligible Way of life Assortment reserving by way of 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 identify, 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 fees as much as $50. Test with the resort to find out which fees are qualifying, after which cost qualifying fees to your room throughout your keep. In case you’re staying at a trip rental, the host supplier will apply the credit score while you ebook an eligible expertise with a Capital One bank card. Nevertheless, at some trip rental properties, chances are you’ll get the expertise credit score as a present card.

You will additionally get pleasure from different perks on eligible Way of life Assortment stays, together with complimentary Wi-Fi, early check-in and late checkout. Nevertheless, early check-in and late checkout are solely offered when out there, and bookings could have a minimal keep requirement. At accommodations, 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 widespread video games, concert events and exhibits. For instance, you’ll be able to safe tickets for the upcoming FIFA World Cup by way of Capital One Leisure.

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

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

Learn how to earn and use your rewards

Capital One miles are straightforward to earn and redeem but nonetheless supply important worth. Here is what it is best to find out about incomes and redeeming Capital One miles.

Incomes miles

The Capital One Enterprise Rewards provides simple-to-remember incomes charges. Particularly, you will earn 5 miles per greenback spent on accommodations, trip leases and rental vehicles booked by way of 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 choice, 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 might earn simply 1 level or mile per greenback spent if I used one other rewards bank card.

Redeeming miles

One of many large 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 latest journey purchases and to switch earnings to pick out airline or resort loyalty applications.

Redeeming Capital One miles to cowl latest journey purchases offers you 1 cent per mile and is extremely straightforward. When you make an eligible journey buy together 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 favor 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 plenty 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 might have in any other case price $2,233.

So long as you get greater than 1 cent per mile when transferring miles to companions, that is probably the most useful redemption choice. Nevertheless, TPG’s January 2026 valuations peg the worth of Capital One miles at 1.85 cents every. So, you will normally need to select airline or resort applications that supply a minimum of this a lot worth in your miles while you switch them.

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

Downsides of the Capital One Enterprise Rewards Credit score Card to think about

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

• You will solely earn 2 miles per greenback spent on most purchases (solely accommodations, trip leases and rental vehicles booked by way of Capital One Journey earn 5 miles per greenback spent).
• There aren’t any airport lounge advantages.
• There aren’t any annual assertion credit or miles to assist offset the annual price.
• JetBlue is the one U.S. airline that may be a switch associate.

If the shortage of airport lounge advantages and potential issue in offsetting the annual price are your main issues concerning the Capital One Enterprise, it might be value 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 the next annual price ($395; see charges and charges) than the Enterprise ($95), nevertheless it provides $300 in annual credit towards bookings made by way of Capital One Journey. Subsequently, theoretically, the annual price of the 2 playing cards is similar, offered you ebook a minimum of $300 of journey by way of Capital One Journey every account anniversary yr.

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 customers will get extra worth than the cardboard’s annual price every year.

Plus, the Enterprise X provides 10 miles per greenback spent on accommodations and rental vehicles booked by way of Capital One Journey, 5 miles per greenback spent on flights and trip leases booked by way of 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 Move lounges and Capital One lounges.

Select the Capital One Enterprise X if you happen to prioritize:

• Credit and miles that may offset the annual price
• Greater incomes charges on some varieties of journey booked by way of Capital One Journey
• Entry to Precedence Move and Capital One airport lounges

Select the Capital One Enterprise Rewards if you happen to prioritize:

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

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

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

As such, the present welcome supply is value contemplating: Earn 75,000 bonus miles plus a $250 Capital One Journey credit score (to make use of throughout your first cardholder yr) 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 if you happen to 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 think about if you don’t need the Capital One Enterprise Rewards

If the Capital One Enterprise Rewards is not best for you, listed below are a couple of different playing cards to think about:

For different choices, learn our story on one of the best starter journey bank cards.

Associated: Learn how to choose the appropriate journey bank card for you

Backside line

The Capital One Enterprise Rewards Credit score Card stays a preferred journey rewards card on account of its modest $95 annual price, its simplicity and its flexibility.

In case you solely need one card or are searching for a card for purchases that do not earn bonus rewards on different playing cards, the Capital One Enterprise Rewards is an efficient alternative. Plus, you should use rewards from the cardboard at a set fee of 1 cent per mile or choose to switch to any of the 15-plus Capital One journey companions.

This simplicity and adaptability are why I’ve stored the cardboard for over 10 years.

Study extra: Capital One Enterprise Rewards Credit score Card