Capital One Enterprise X Enterprise Assessment
Capital One has determined to rebrand the Spark Journey Elite enterprise card, a premium journey rewards product that launched final summer time solely by means of relationship managers. The information first got here out on February 2, 2023, and now the cardboard is lastly out there.
When the cardboard first launched, it was straightforward to see the resemblance to the in style Capital One Enterprise X card. So the rebranding makes whole sense. Beginning subsequent week, Capital One will broaden the Enterprise X household and rename Spark Journey Elite to Enterprise X Enterprise.
With this title change, Enterprise X Enterprise will proceed to supply the identical nice rewards and capabilities as Spark Journey Elite, enabling enterprise homeowners to maximise their rewards by incomes limitless 2X miles on each buy, with no preset spending restrict. Enterprise X Enterprise is a premium steel card with new card artwork, and present cardholders will see the title change on their account subsequent week.
The whole lot concerning the card stays the identical. Listed below are some extra particulars on this journey rewards product designed particularly for enterprise homeowners:
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Enterprise X Enterprise is a pay-in-full cost card, with no preset spending restrict.
- No preset spending restrict supplies versatile buying energy that adapts to a enterprise’ wants, which may allow cardholders to doubtlessly spend greater than they might on a conventional bank card and earn much more journey rewards.
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Enterprise X Enterprise cardholders have entry to main business-grade capabilities, together with free worker and digital playing cards to make safe enterprise purchases and hold incomes rewards on all transactions.
- Cardholders may sync transaction knowledge with their accounting software program, and have the power to pay distributors by means of the cardboard (even when they don’t settle for playing cards).
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Along with limitless 2X miles on each buy, Enterprise X Enterprise cardholders earn 10X miles on motels and rental automobiles and 5X miles on flights when booked by means of Capital One Journey.
- Moreover, cardholders will obtain as much as $300 in assertion credit yearly for bookings made by means of Capital One Journey and as much as 10,000 bonus miles (equal to $100 towards journey) yearly after their first anniversary. Cardholders have versatile redemption choices and may redeem miles on flights, motels, trip leases and extra, with no restrictions or blackout dates. Enterprise homeowners may get a press release credit score for journey purchases made with Enterprise X Enterprise or switch miles to any of our 15+ journey loyalty applications.
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Capital One is constant to seek out new methods to convey our cardholders best-in-class journey merchandise and experiences.
- Capital One Journey’s new Premier Assortment makes it attainable for Enterprise X Enterprise clients to seek out and e book stays at a thoughtfully curated group of luxurious motels and resorts whereas additionally delivering top-tier advantages on each keep and 10X earn on bookings. Extra journey advantages out there to Enterprise X Enterprise cardholders embody entry to all-inclusive facilities at Capital One Lounges; complimentary entry to our Companion Lounge Community; and as much as a $100 credit score for TSA PreCheck® or International Entry each 4 years.
Early Spend Bonus
As of Could 1, 2023, now you can apply for the Enterprise X Enterprise by means of a relationship supervisor. That is the present provide on the cardboard:
- New Enterprise X Enterprise cardholders can now earn as much as 300,000 bonus miles:
- Earn 150,000 miles when you spend $20,000 within the first 3 months
- Plus a further 150,000 miles whenever you spend $100,000 within the first 6 months.
- Annual Payment: $395
- DIRECT LINK (
Enterprise X Enterprise is barely out there to purchasers of Capital One Relationship Managers in the meanwhile.)
Card Particulars
- Earn:
- 2x miles on all purchases.
- 5x miles on flights when booked by means of Capital One’s journey portal.
- 10x miles on motels and rental automobiles.
- $300 annual credit score for bookings by means of Capital One Journey.
- 10,000 bonus miles yearly after your first anniversary.
- Limitless entry to Capital One lounges in addition to Precedence Go and different Capital One companion lounges. Worker playing cards do NOT get lounge entry.
- $100 International Entry/TSA PreCheck credit score each 4 years.
- Redeem miles on flights, motels, trip leases and extra, with no restrictions or blackout dates.
- Pay distributors by means of the cardboard utilizing Melio (2.9% charge), even when they don’t settle for bank cards.
- It is a cost card, which signifies that you should pay the steadiness in full to keep away from a month-to-month 2.99% late charge.
Enterprise X Enterprise vs Enterprise X
As I discussed above, Enterprise X Enterprise is nearly equivalent to the Enterprise X card. However there are some distinction value highlighting, which can assist you determine on which one is greatest for you:
- Enterprise X Enterprise is clearly a enterprise bank card and a cost card. That signifies that you should pay the steadiness in full to keep away from a month-to-month 2.99% late charge.
- Enterprise X Enterprise doesn’t report to non-public credit score bureaus, making it a greater possibility in case you care about your Chase 5/24 depend.
- Capital One eliminated entry to eating places and another non-lounge experiences for for Enterprise X cardholders. However Enterprise X Enterprise cardholders have entry to each Precedence Go Lounges and non-lounge airport experiences.
- Enterprise X Enterprise worker playing cards NOT not get Precedence Go entry. Enterprise X extra customers get Precedence Go.
Capital One Switch Companions
Clients might want to switch a minimal of 1,000 Enterprise X, Enterprise X Enterprise, Enterprise or Spark Miles at a time to journey loyalty applications, and might want to switch in 100 mile increments.
| Companion | Ratio |
|---|---|
| Accor Stay Limitless | 2 : 1 |
| Aeromexico Membership Premier | 1 : 1 |
| Air Canada Aeroplan | 1 : 1 |
| Air France KLM Flying Blue | 1 : 1 |
| Avianca LifeMiles | 1 : 1 |
| British Airways (Avios) | 1 : 1 |
| Cathay Pacific Asia Miles | 1 : 1 |
| Selection Accommodations (Selection Privileges) | 1 : 1 |
| Emirates Skywards | 1 : 1 |
| Etihad Airways Etihad Visitor | 1 : 1 |
| EVA Air Infinity MileageLands | 2 : 1.5 |
| Finnair Plus | 1 : 1 |
| Qantas Frequent Flyer | 1 : 1 |
| Qatar Airways Privilege Membership | 1 : 1 |
| Singapore Airways Krisflyer | 1 : 1 |
| TAP Air Portugal (Miles&Go) | 1 : 1 |
| Turkish Airways (Miles&Smiles) | 1 : 1 |
| Virgin Crimson | 1 : 1 |
| Wyndham Rewards | 1 : 1 |
Utility Guidelines
For now you’ll be able to solely apply for the Capital One Enterprise X Enterprise card solely by means of relationship managers. I used to be informed that right now, Spark Money Plus cardholders are unable to use for Enterprise X Enterprise. Nonetheless, present cardholders of different Spark playing cards are eligible to use.
Nonetheless, the phrases observe that the bonus will not be out there for present or earlier Capital One Enterprise cardholders.
Capital One enterprise bank cards usually report to non-public credit score bureaus. However assuming every little thing stays the identical as with Spark Journey Elite accounts, Enterprise X Enterprise card is not going to report to non-public credit score bureau stories (offered that the account stays in good standing).
Capital One pulls your credit score report from all three credit score bureaus whenever you apply. However you’ll be able to freeze your TransUnion or Experian (solely one among them) and nonetheless get authorized.
Guru’s Wrap-up
The Capital One Enterprise X Enterprise card is enterprise model of the Enterprise X. Advantages are nearly equivalent, however it is a enterprise card and a cost card. The one variations appear to be that staff don’t get lounge entry, and first cardholder nonetheless has entry to Precedence Go lounges and non-lounge airport experiences.
The very first thing that stands out is the signup bonus of 300,000 miles. However this bonus comes with an insane spending requirement. You will have to spend a complete of $500,000 inside the first six months to earn that bonus. Sure that’s proper, you have to spend half 1,000,000. This card earns 2x on all purchases (and as much as 10x on journey). So you’ll find yourself with an additional million miles for the spending requirement.
With that stated, I doubt many individuals will goal to spend an additional $470,000 simply to get an additional 150,000 factors. The primary a part of the bonus is extra achievable, with $30,000 spend for 150,000 miles.
The cardboard has a $395 annual charge which isn’t waived the primary 12 months. But additionally comes with further advantages that make it a keeper long run. You get a $300 annual journey credit score and 10,000 bonus miles yearly after the primary anniversary. Plus there’s lounge entry.
