The Capital One Enterprise X Rewards Credit score Card has simply introduced its highest welcome bonus in 4 years. New candidates can earn 100,000 bonus miles after spending $10,000 on purchases within the first six months of account opening.
This card has an annual charge of $395, which is decrease than most of its premium rivals.
I am in my third yr as a happy Enterprise X cardholder, and it nonetheless has delight of place in my pockets as probably the most rewarding premium bank card I’ve ever held.
With the cardboard’s elevated welcome bonus, the best since its launch, TPG readers are asking: How good is the Capital One Enterprise X’s 100,000-mile supply?
This is my take and why this supply is as uncommon as it’s rewarding.
How frequent is a 100,000‑mile welcome bonus on the Enterprise X?
Very uncommon. Incomes 100,000 bonus Capital One miles after spending $10,000 on purchases within the first six months of account opening is the cardboard’s highest public bonus since launch.
Outdoors of its November 2021 debut (when the cardboard additionally supplied 100,000 miles for just a few months), the Enterprise X has in any other case stayed at an ordinary 75,000-mile supply. That is what makes this enhance to 100,000 miles so thrilling.
In different phrases, that is the primary actually elevated supply on the cardboard in 4 years. For those who’ve been ready for a sign to use, that is it.
Who’s eligible for the 100,000-mile welcome bonus on the Enterprise X?
TPG recommends a credit score rating of 740 or increased for approval for this product.
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Word that you just will not be eligible for this card or welcome bonus if you happen to’ve opened or earned a welcome bonus on the Enterprise X card throughout the final 48 months (even when it was solely 75,000 bonus miles).
For those who’ve solely opened or acquired a welcome bonus on the Capital One VentureOne Rewards Credit score Card ($0 annual charge) or the Capital One Enterprise Rewards Credit score Card ($95 annual charge), you could possibly nonetheless be eligible for the Enterprise X and its big bonus.
You should wait six months between functions for Capital One playing cards. For those who’ve been authorised for any Capital One card throughout the final six months, you may want to attend to be authorised for the Enterprise X card.
Associated: Capital One restricts eligibility throughout Enterprise card lineup with new 48-month household rule
How a lot are 100,000 Capital One miles price?
Utilizing TPG’s November 2025 valuations, Capital One miles are price 1.85 cents every. Meaning the 100,000-mile welcome bonus could possibly be price an epic $1,850 in journey worth if you happen to switch your miles to any of Capital One’s 15-plus lodge and airline companions.
For those who desire simplicity, you can even redeem Capital One miles at a set price of 1 cent every towards latest journey purchases or bookings via Capital One Journey, so the 100,000‑mile bonus can be price $1,000 in that situation.
Having earned and redeemed a whole lot of hundreds of Capital One miles from my Enterprise X over the past three years, I might say a few of the finest worth methods to make use of your miles embody:
- Reserving American Airways home flights with Capital One miles by sending them to British Airways Membership at a 1:1 price. For flights as much as 650 miles in size, you may want simply 12,000 British Airways Membership Avios plus $5.60 in taxes and costs.
- Flying enterprise class on Air France or KLM to Europe for simply 60,000 Capital One miles by transferring them to Flying Blue at a 1:1 price. These are each wonderful airways throughout the Atlantic, although I’ve a slight desire for the stylish design and gourmand delicacies of Air France.
- Reserving Qatar Airways’ legendary Qsuite business-class product from Europe to Australia for simply 90,000 Capital One miles one-way by transferring them to the Qatar Airways Privilege Membership program at a 1:1 price. For those who’re based mostly within the U.S., you may ebook nonstop business-class flights to the Center East for less than 70,000 Qatar Airways Privilege Membership Avios, which is an unbelievable worth for flights that may last as long as 15 hours. This value contains flights from the West Coast as properly.
Look out for infrequent switch bonus provides as properly, as they’re going to make it so that you want even fewer miles to ebook these offers.
Associated: Guide flights to Europe beginning at 18,750 miles: Try Flying Blue’s November Promo Rewards
So, is the 100,000-mile Enterprise X supply among the finest offers ever?
For those who have been fortunate sufficient to use for the Enterprise X within the quick launch window in 2021, when the cardboard supplied 100,000 bonus miles, then this new supply is equally pretty much as good (and, even with the brand new eligibility restrictions, you could possibly nonetheless be eligible once more).
For those who’re like me and missed out on that provide (Capital One miles weren’t actually on my factors and miles radar again in 2021), then this actually is without doubt one of the finest offers ever for a premium rewards card.
Past the huge welcome bonus, listed below are the highest 5 issues I really like about my Enterprise X card:
- Annual credit score: You may obtain $300 in credit yearly for bookings made via Capital One Journey with out having to fiddle with $5 or $10 month-to-month coupon ebook credit like another premium playing cards now have.
- Anniversary bonus: Take pleasure in 10,000 bonus miles each account anniversary, beginning in your first anniversary (price $185 towards journey in accordance with TPG’s valuations).
- Lounge entry: Take pleasure in complimentary entry for your self (as a cardholder) and as much as two friends to Capital One Lounges and over 1,800 Precedence Cross lounges. Be mindful, although, that visitor lounge entry is tightening in 2026.
- Nice portal incomes charges: Earn 10 miles per greenback spent on inns and automobile leases and 5 miles per greenback spent on trip leases and flights booked by way of Capital One Journey.
- Class-leading on a regular basis incomes: Earn 2 miles per greenback spent on all different purchases.
For my part, the mixture of a $300 annual credit score and 10,000 bonus miles simply covers the annual charge every year, as I came upon in my second yr as a cardholder.
I cherished the bespoke cocktails on the Capital One Lounge at Dallas Fort Value Worldwide Airport (DFW), and I ceaselessly use my Precedence Cross membership for lounge entry in Europe.
Reserving journey via the Capital One Journey portal is an effective way to rack up Capital One miles, and the truth that the cardboard earns 2 miles per greenback spent on each different buy is increased than another card I’ve. That is why it has been the default card in my Google Pay pockets for years.
Backside line
I utilized and was authorised for the Enterprise X when the welcome bonus was solely 75,000 miles (supply not out there), and I believed that was an ideal deal on the time. This is why this new supply is even higher:
- That is the best welcome bonus we have seen on the cardboard because it launched 4 years in the past.
- The welcome bonus is price $1,850, in accordance with TPG’s valuations.
- The cardboard earns a minimum of 2 miles per greenback spent on each buy, which is increased than playing cards with a lot steeper annual charges.
- You may switch your Capital One miles to ebook flights on a few of the world’s finest airways, in addition to stays with some lodge packages.
We do not know when this supply will finish, so if you happen to’ve ever thought-about making use of for the Enterprise X, now’s the time to take action.
To be taught extra, learn our full assessment of the Enterprise X.
Be taught extra: Capital One Enterprise X Rewards Credit score Card
