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Vacationers love the *enterprise x*, the financial institution’s premium journey rewards bank card that burst onto the scene a couple of years again with high-end journey perks at a palatable worth level. However if you happen to’re eligible for a small enterprise bank card – and belief us, you simply could be – there is a enterprise model of this common card.
The naming committee did not stray too far with this one: It is the Capital One Enterprise X Enterprise Card. However the title suits because it’s so just like its counterpart: It is filled with lots of the similar advantages and options – and an an identical $395 annual payment. The place it differs is with a gargantuan welcome bonus … with an equally large spending requirement to earn it.
With the Enterprise X Enterprise Card, you will get the necessary perks like airport lounge entry, an annual $300 journey credit score, top-tier journey protections, and 10,000 bonus miles annually in your cardmember anniversary. However whereas some prime journey playing cards are greatest for perks somewhat than incomes factors, this is not one in all them: The Enterprise X Enterprise earns a strong 2x miles per greenback on all purchases, serving to you rack up extra miles on wherever what you are promoting is spending.
Learn on for all the pieces you want to know concerning the Capital One Enterprise X Enterprise Card.
At present, the Capital One Enterprise X Enterprise Card is simply accessible to new candidates via a Capital One relationship supervisor.
Who Can Apply For a Enterprise Card?
Earlier than we get into the nitty-gritty of what could make the Enterprise X Enterprise a fantastic match for small (and even giant) enterprise house owners trying to earn worthwhile journey factors, let’s set a basis for who is definitely eligible to open enterprise playing cards. And it might be a lot simpler than you assume.
To open a enterprise bank card just like the Enterprise X Enterprise, you don’t want a full-time enterprise with workers or six-figure revenues – although, if you happen to’re planning to earn this card’s mammoth welcome supply, that may assist. Extra on that quickly.
Whereas operating a giant enterprise would clearly qualify you to open a enterprise bank card, you may also get authorized for a small-business bank card just like the Enterprise X Enterprise Card with a part-time aspect hustle, a contract job, a gig financial system job, and even by promoting items on on-line marketplaces like Etsy, Fb Market, Craigslist and extra. In reality, many People have what the banks would contemplate a small enterprise and do not even understand it.
Do you might have any earnings from freelance work – or plans to start out freelance work? You could have a enterprise. Have you ever ever offered an merchandise on eBay, Fb Market, Etsy, or different platforms, or have plans to take action sooner or later? You could have a small enterprise.
On the finish of the day, in case you are promoting any items or providers, or contracting with an organization to take action in an try to make a revenue, you might have a small enterprise and thus are usually eligible to use for a small enterprise bank card. That makes it potential for a lot of People to use for a enterprise bank card.
Simply consider: It’s best to by no means lie or try to mislead a financial institution when making use of for a enterprise bank card. It is necessary to have a professional enterprise, even when that enterprise is simply your personal.
Learn extra: You May Be Eligible for Enterprise Credit score Playing cards & Not Know It
Capital One Enterprise X Enterprise: Welcome Provide
Here is the place now we have to be the bearer of dangerous information: The Capital One Enterprise X Enterprise Card is not but accessible to the lots … though we anticipate that altering within the coming months.
As of publication, the one option to apply for the Enterprise X Enterprise Card is thru a Capital One relationship supervisor. Which means if you happen to do not have already got a enterprise banking relationship with Capital One, you will want to hunt out a brand new relationship supervisor – possible in particular person at a Capital One location – with a view to apply.
When you observe down a relationship supervisor, it is best to have the ability to apply for the cardboard’s present welcome supply of as much as 300,000 Enterprise miles. That bonus is cut up into two components, requiring an absurd quantity of spending to get the total bonus.
At first, you will get 150,000 Enterprise miles after spending $30,000 within the first three months of opening the Enterprise X Enterprise Card. If $30,000 of spending in three months looks like loads, maintain onto your hat: To earn the second 150,000 Enterprise miles, you will must spend a complete of $500,000 within the first 12 months.
Sure, you learn that proper. With a purpose to earn the total bonus on the Enterprise X Enterprise Card, you will must spend half one million {dollars} within the first yr. Even incomes the primary 150,000 Enterprise miles with $30,000 of spending in three months could possibly be a stretch for some small companies.
But when what you are promoting is a giant spender, you’d find yourself with no less than 1.3 million Enterprise miles by finishing the $500,000 spending requirement and incomes the cardboard’s full welcome bonus. At a naked minimal, these miles are value $13,000 in journey – however you could possibly possible do much better by benefiting from Capital One’s steady of switch companions.
Simply keep in mind: Bank cards are severe enterprise. It’s best to by no means apply for a bank card if you happen to’re already in debt, and by no means cost extra to a bank card than you possibly can afford to repay instantly. That is very true when taking a look at enterprise bank cards with spending necessities as excessive as this one.
In the event you’re questioning how excessive of a credit score restrict you’d want to have the ability to spend a half million {dollars} over the course of a yr, thats the place the Enterprise X Enterprise card differs from its private counterpart. The Enterprise X Enterprise Card is definitely a pay-in-full card that does not include a preset credit score restrict or cost curiosity on purchases. As an alternative, you want to pay your card’s steadiness in full every month or be topic to a late payment.
This places the Enterprise X Enterprise according to American Specific’ hybrid playing cards (previously referred to as cost playing cards) like *biz platinum* and the *biz gold*.
Capital One Enterprise X Enterprise: Journey Advantages & Perks
Similar to the private Capital One Enterprise X Card, the enterprise model comes loaded with journey advantages and perks which have us questioning if the cardboard is just too good to be true.
Annual journey credit, airport lounge entry, and a number of the greatest journey protections of any card available on the market make the Enterprise X Enterprise extremely worthwhile. With little effort, these perks can greater than justify the cardboard’s annual payment and make it a robust enterprise instrument for any firm to have.
Annual $300 Journey Credit score
Every year of card membership, Enterprise X Enterprise cardholders will rise up to $300 in journey credit score to make use of for Capital One Journey bookings. Simply use your card to guide flights, motels, or rental vehicles via the Capital One Journey portal and you may robotically get reimbursed on all purchases as much as $300.
Whereas we usually keep away from third-party websites and on-line journey companies, Capital One has added some superior new options to their portal that may flip that logic on its head. Utilizing the annual journey credit score that comes with the Enterprise X Enterprise Card is not fairly so simple as making a purchase order and getting it refunded, however with a bit effort you should not have an excessive amount of bother placing it to good use.
And better of all, this journey credit score goes an extended option to offsetting the cardboard’s annual payment. Consider it this fashion: Do you intend to spend $300 or extra on journey annually? Then this card’s annual payment is not $395 – it is extra like $95.
Learn extra: All the pieces You Have to Know About Capital One $300 Journey Credit score
Airport Lounge Entry
Whether or not you are touring for work or heading off on trip, few issues make your journey expertise higher than gaining access to an airport lounge. And when you can nonetheless get into lounges the onerous manner – by flying up entrance on an costly enterprise or first-class ticket or buying an airline lounge membership – the Enterprise X Enterprise Card offers cardholders a far simpler path to entry.
Similar to the private model, the Enterprise X Enterprise Card will get you entry to the excellent Capital One Lounges, Plaza Premium Lounges, and a Precedence Go Choose membership to get you into greater than 1,300 lounges throughout the globe.
Capital One Lounges
Let’s begin with the financial institution’s flagship lounges: The Capital One Enterprise X Enterprise Card comes with complimentary entry to the new Capital One Lounges for the first cardholder and two friends. The primary of those lounges formally opened its doorways in 2021 at Dallas-Fort Price (DFW) to coincide with the launch of the Enterprise X Card.
To this point, Capital One nonetheless has simply the only lounge in Dallas open. However after a sequence of delays, new lounges in Denver (DEN) and Washington, D.C.-Dulles (IAD) are speculated to open someday but this yr. The one different confirmed Capital One Lounge within the pipeline is slated for Las Vegas (LAS), however a precise timeline on development and lounge opening hasn’t but been introduced.
Try our overview of the Capital One Lounge in Dallas!
If the brand new lounges approaching board are something just like the area in Dallas, cardholders are in for a deal with. The Capital One Lounge in Dallas confirmed simply how severe the financial institution is about competing within the premium journey rewards bank card area by giving vacationers a cushty place to calm down with domestically crafted food and drinks choices, bathe suites, an train room, and naturally, loads of snug seating choices for each enterprise and leisure vacationers.
Along with new lounges, Capital One can also be planning to open eating areas referred to as Capital One Landings in Washington, D.C.-Reagan (DCA) and New York Metropolis-LaGuardia (LGA). Whereas particulars on these new eating areas are nonetheless scarce, we do know the meals and beverage packages at each shops will deal with Spanish-style tapas – it is all being spearheaded by the award-winning superstar chef and humanitarian José Andrés and his José Andrés Group.
Precedence Go Lounges
Apart from gaining access to Capital One Lounges, you will additionally get a full Precedence Go Choose membership with the Enterprise X Enterprise Card – good for limitless visits for the principle cardholder and as much as two friends. Whereas most of those contract lounges will not be as good as the brand new Capital One area, Precedence Go boasts a community of 1,300-plus airport lounges across the globe, making it a lot simpler to get right into a lounge irrespective of the place you are flying.
And whereas the private Enterprise X card misplaced entry to Precedence Go Eating places late final yr, the Enterprise X Enterprise will nonetheless get you and two friends a eating credit score at any Precedence Go Restaurant across the globe. This may be particularly helpful for home vacationers as many airports within the U.S. lack an excellent Precedence Go lounge.
Learn extra: The Final Information to Precedence Go Eating places
Plaza Premium Lounges
Lastly, Capital One Enterprise X Enterprise cardholders get complimentary entry to Plaza Premium Lounges, opening the doorways to dozens extra lounges overseas and at dwelling. The Plaza Premium title additionally consists of Virgin Atlantic Clubhouse lounges in 5 U.S. airports like New York Metropolis (JFK) and Washington, D.C.-Dulles (IAD); a number of lounges on the Cancún (CUN) airport; and Avianca lounges all through Colombia.
Right here’s the full listing of Plaza Premium lounges which you can get in together with your Enterprise X Enterprise Card.
Main Rental Automotive Protection
Premium journey bank cards usually include some glorious journey safety insurance policies, and the Enterprise X Enterprise is not any totally different. With this card, you will have a number of the strongest rental automobile insurance coverage you may get – almost an identical to what’s accessible via the Chase Sapphire playing cards. This protection applies to leases within the U.S. and in most overseas nations for as much as 31 days.
By declining the protection supplied by the rental company, it can save you your self fairly a bit of cash and be lined for any bodily injury or theft, as much as the money worth of the car.
Simply beware: This insurance coverage does not cowl unique or vintage vehicles so, you will should make do with out the Ferrari in your subsequent journey.
Misplaced Baggage Reimbursement
Did the airline lose your baggage – or maybe it acquired stolen? In case your bag does not make it to the conveyor belt as deliberate, you possibly can relaxation a bit simpler figuring out the Enterprise X Enterprise Card has you lined.
In the event you used your card to pay in your aircraft ticket, you possibly can rise up to $3,000 to switch the bag and its contents (or $2,000 per bag for New York residents). The first cardholder and all instant relations are lined by this profit.
Try our full listing of greatest bank cards for journey insurance coverage!
World Entry or TSA PreCheck Credit score
Add the Capital One Enterprise X Enterprise to the rising listing of bank cards providing as much as a $100 credit score for both TSA PreCheck or World Entry. Membership in both program is nice for 5 years and Enterprise X Enterprise cardholders will get to make use of this credit score each 4 years to make sure they get their renewal performed earlier than it expires.
In the event you plan for any kind of worldwide journey, spring for World Entry because it robotically features a TSA PreCheck membership. At simply $100, the assertion credit score offered by the Enterprise X Enterprise bank card will utterly cowl your membership value for so long as you retain the cardboard open.
Making the most of this credit score is straightforward. Simply use the cardboard while you pay in your software and voilà: Your credit score will kick in to cowl your complete value.
Learn extra: World Entry vs. TSA PreCheck: Which is Higher for You?
10,000 Enterprise Mile Anniversary Bonus
Each yr in your account anniversary, you will obtain 10,000 bonus Enterprise miles after paying your card’s annual payment.
These miles are value a minimal of $100 in the direction of journey – and doubtlessly rather more by using the Capital One switch companions. You will not get this proper while you open the cardboard: This profit begins in your second yr and annually after that. That is simply one other option to get extra worth out of your Enterprise X Enterprise card and simply offset the cardboard’s annual payment.
If our expertise with the anniversary miles on the Capital One Enterprise X Card is any indication, you possibly can anticipate this 10,000-mile bonus to be deposited a few month or two after paying your annual payment.
The Premier & Life-style Assortment of Resorts
In early 2023, Capital One launched its personal portfolio of luxurious motels and resorts, bookable with unique advantages for Enterprise X and Enterprise X Enterprise cardholders.
It is referred to as The Premier Assortment. Simply log into your account and head for the Capital One journey portal, the place you will see the choice to seek for Premier Assortment properties along with flights, motels, and rental vehicles.
It isn’t simply glamorous motels and resorts that Capital One hopes will draw vacationers in, both. Each Premier Assortment reserving unlocks a handful of further perks that match (or exceed) the highest ranges of resort standing, together with:
- Free breakfast for 2 each morning
- A $100 credit score for eating, the spa, or different experiences on the property
- Free Wi-Fi throughout your keep
- Room upgrades, early check-in, and late check-out when accessible
- Earn 10x Enterprise Miles per greenback on each reserving
- Use your Enterprise X Enterprise Card’s $300 annual journey credit score for these resort bookings
It is a close to carbon copy of American Specific’s Positive Resorts + Resorts Program, which supplies vacationers with *amex platinum card* elite-like perks on resort bookings. However Capital One lags behind its competitor in a single essential respect: At present, there aren’t many motels and resorts accessible throughout the Premier Assortment.
Capital One addressed that in June by introducing the Life-style Resort Assortment with further model names like Virgin, The Commonplace Design, and The LINE in addition to various boutique motels all over the world. Whereas the Premier Assortment is on the market solely to Enterprise X private and enterprise cardholders, the Life-style Assortment will probably be accessible to different Capital One cardholders – together with these with a *capital one enterprise*.
Cardholders will get perks often reserved for these with resort standing or who maintain a premium journey rewards bank card similar to incomes extra factors on stays, room upgrades, early check-in and late checkout, and a $50 expertise credit score to make use of at bars, resort eating places, room service, or different actions. An official date for the launch of the Life-style Assortment in Capital One’s journey portal has but to be introduced, however the financial institution says it expects the rollout to start later this yr.
Capital One Enterprise X Enterprise Instruments
For enterprise house owners, time is cash – and having a enterprise bank card that saves each money and time could be a enormous benefit to operating a profitable enterprise.
With the Enterprise X Enterprise card you possibly can make funds to any of your distributors – even people who do not settle for playing cards. It really works just like third occasion cost providers like Plastiq and Melio, the place you are charged a 2.9% payment for processing the cardboard cost however within the course of you can maintain on to your money for a bit longer and earn worthwhile rewards for making your cost.
With the ability to make these vendor funds immediately via Capital One, as an alternative of utilizing a 3rd occasion, will prevent from having to create one other account and threat cost info getting compromised. You may also join your QuickBooks On-line account to streamline future vendor invoice funds and maintain observe of all the pieces in a single safe place.
With the Enterprise X Enterprise Card, you may also assign an account supervisor to make purchases and funds, overview transactions and resolve any issues in your behalf. With this characteristic, your account supervisor is ready to get work performed when you possibly can’t be there – or just free you as much as deal with different enterprise priorities.
Apart from permitting your account supervisor to make purchases, you may also add additional worker playing cards to your account at no cost. Which means workers can get their very own card for enterprise purchases or provide runs, and all these expenses (and rewards) go to the enterprise house owners’ account. As an added layer of safety, you possibly can even set personalized spending limits for worker playing cards and see transactions as quickly as they submit.
And to assist with year-end bookkeeping, you will get an account abstract that features an itemized report of all of your year-to-date spending. This can assist with budgeting for the subsequent yr, in addition to offer you an support for tax preparation. Along with the yr finish abstract, you may also obtain your buy data into a number of codecs together with Quicken®, QuickBooks® and Excel® for extra well timed report maintaining.
Capital One Enterprise X Enterprise: Incomes Factors
Incomes factors with the Enterprise X Enterprise card could not be any less complicated.
You will get limitless 2x Enterprise miles for each buy, in every single place – all with out paying any pesky overseas transaction charges. Irrespective of if you happen to’re paying for enterprise provides, workplace hire, utilities, or different distributors, you are going to be getting a good return on all of your purchases.
When it comes time to guide journey you possibly can earn much more miles when reserving via the Capital One Journey portal. With the Enterprise X Enterprise Card, you will get 5x Enterprise miles on flights and a whopping 10x Enterprise miles on motels and rental vehicles booked via Capital One’s portal. If what you are promoting spends closely on journey, reserving this fashion will imply you are incomes plenty of rewards for one in all your organization’s greatest bills.
Capital One Enterprise X Enterprise: Redeeming Factors
There are many worthwhile methods to redeem Capital One miles.
Let’s begin easy: Overlaying your purchases with Enterprise Miles. Simply guide a flight, resort, or any journey expense together with your Enterprise X Enterprise Card, then return and take away it out of your assertion with miles.
Whenever you cowl your journey purchases with Enterprise Miles, each single mile is value 1 cent towards journey. The identical is true when utilizing one other technique to guide journey: Capital One’s journey portal, the place you possibly can seek for flights, motels, or rental vehicles and guide immediately via Capital One. By first reserving journey via Capital One Journey portal, you will earn additional rewards and nonetheless go away your self open to cowl the cost with Enterprise miles. This can be a true win-win!
Which means 100,000 Enterprise Miles are value no less than $1,000 towards journey. However you could possibly do a lot, significantly better.
Over the previous few years, Capital One has solved a evident weak point by leveling up its switch companion program with new additions and improved switch charges. Now, you possibly can switch to 18 totally different airline and resort packages – most on a 1:1 foundation. Which means 100,000 Enterprise Miles can develop into 100,000 British Airways Avios. Or 100,000 miles with Turkish Airways Miles & Smiles. Or 100,000 Air Canada Aeroplan miles. You get the thought…
With this improved switch companion program, these miles are doubtlessly value a lot, a lot multiple cent per level and it makes Enterprise Miles a real double risk.
Apart from journey associated redemption choices, you may also use your Enterprise miles for hundreds of experiences like sporting occasions, concert events, and extra via Capital One Leisure. Much less enjoyable, however equally helpful choices embrace redeeming for money, present playing cards, and even Amazon purchases.
Learn extra: 7 Candy Spots for Utilizing Capital One Enterprise Miles
Is the Enterprise X Enterprise Well worth the Annual Price?
That is a simple reply.
Sure, the Capital One Enterprise X Enterprise is value paying $395 a yr … for many small enterprise house owners.
With little effort, most enterprise house owners ought to have the ability to simply recoup $300 a yr with the cardboard’s annual journey credit score alone. When you do should guide via the Capital One Journey portal with a view to earn this credit score, that will probably be a minor inconvenience for many, and greater than value it to get $300 again.
On prime of the annual journey credit score, you will additionally get a ten,000 Enterprise mile bonus annually that you just maintain the cardboard and pay the annual payment. This anniversary bonus does not kick in till your second yr with the cardboard. However contemplating these bonus miles are value no less than $100 in journey, Capital One is virtually paying you to have this card.
Add in the truth that you possibly can entry a number of the greatest airport lounges all over the world and get excellent journey protections, it makes this card’s annual payment look like a cut price.
Which Playing cards Compete With the Enterprise X Enterprise?
With easy rewards incomes and a bundle of journey perks, the Enterprise X Enterprise is little question the most effective enterprise playing cards available on the market. However it’s acquired some competitors.
*biz platinum* is the one enterprise card that comes near providing the identical degree of journey advantages and perks because the Enterprise X Enterprise Card, albeit with a a lot steeper $695 annual payment (see charges & charges). And whereas the Amex Enterprise Platinum does an excellent job providing journey perks and assertion credit, it has a troublesome time competing with the Enterprise X Enterprise in incomes rewards.
The one true bonus class you will get with the Enterprise Platinum is for airfare, which earns 5x Membership Rewards. Most purchases earn a flat 1x Membership Rewards factors, apart from giant purchases ($5,000 or extra) and people in a couple of choose classes like digital items retailers, software program and cloud service suppliers, U.S. development supplies, {hardware} provides, and delivery suppliers which all earn 1.5x factors.
The *ink limitless* from Chase affords uncapped 1.5x Final Rewards factors incomes with no annual payment. However the greatest distinction between these playing cards is how you need to use the factors you are incomes. With the Ink Limitless, you will solely earn money again except you even have a card that earns Chase Final Rewards (like an *ink most well-liked* or a private Chase Sapphire card). In the event you favor incomes money again, this is not a difficulty, after all.
Capital One even offers a bit competitors of its personal with the *capone spark miles*. This card earns the identical limitless 2x miles per greenback spent, in every single place, with no limits or class restrictions however comes with a a lot decrease $95 annual payment. You will not get the airport lounge entry, yearly journey credit score, or anniversary miles, however for somebody who’s delicate to paying a excessive annual payment, this could possibly be one other strong choice for incomes Enterprise miles.
Learn subsequent: Which Chase Inokay card Presents the Finest Return for Your Enterprise?
Capital One Enterprise X Enterprise: Professionals & Cons
Professionals
- Huge welcome supply
- Profitable ongoing level incomes
- $300 Annual Journey Credit score
- 10,000-mile anniversary bonus
- Airport lounge entry
- TSA PreCheck or World Entry credit score
- Elevated buying energy with no set credit score restrict
Cons
- Big spending requirement to earn the welcome supply
- $395 annual payment
- Solely accessible via a Capital One relationship supervisor
Backside Line
The Capital One Enterprise X Enterprise Card is sort of an identical to the private model, providing enterprise house owners limitless 2x Enterprise miles on all purchases together with a number of the greatest journey advantages of any card available on the market. For a modest $395 annual payment, this card packs a punch manner above its weight class.
In the intervening time, truly getting the cardboard is a problem – but when what you are promoting already banks with Capital One, it is possible value the additional work with a view to add this card to your pockets.