Because the saying goes, do not choose a guide by its cowl. The identical phrase applies to a bank card’s annual price.
Take the Capital One Enterprise X Rewards Credit score Card, for instance. Whereas this premium rewards card has a $395 annual price, a number of helpful ongoing perks assist offset the total value.
These perks are along with a considerable welcome bonus: 100,000 bonus miles once you spend $10,000 on purchases within the first six months from account opening.
One of many ongoing principal advantages that Enterprise X cardholders obtain annually is a $300 annual credit score towards Capital One Journey bookings. Let’s take a more in-depth take a look at the Enterprise X annual credit score, how one can benefit from it — and why you would possibly need to apply now.
What’s the Enterprise X $300 journey credit score?
Enterprise X cardholders obtain $300 in credit every cardmember 12 months (not calendar 12 months) towards journey, together with the 12 months you open the cardboard. Meaning you will get $300 in worth from the Enterprise X instantly.
However there’s one caveat: The credit score solely applies to bookings made via the Capital One Journey portal.
The Capital One Journey portal is a web based journey company finest in comparison with these supplied by different issuers, similar to Amex Journey and the Chase Journey℠ portal. What units Capital One’s portal aside is its partnership with Hopper. Hopper is a journey reserving app that makes use of predictive pricing expertise to assist cardholders get the perfect value.
Eligible cardholders can log in to the Capital One Journey portal to guide issues like airfare, resort stays and rental automotive reservations. Then, they’ll apply the $300 credit score like a coupon to cut back the general value of the reserving. The cardboard’s Capital One Journey credit score can be utilized throughout one or a number of transactions.
TPG bank cards author Augusta Stone used her annual Enterprise X journey credit score to guide a three-night keep on the Conrad Las Vegas at Resorts World final January. She was already touring to Las Vegas for an costly live performance, and the $300 credit score helped scale back the price of a resort keep that may’ve value almost $1,000.
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Associated: A full assessment of Capital One Enterprise X
Reserving via Capital One Journey vs. reserving immediately
At face worth, the requirement to make use of the Capital One Journey portal would possibly really feel like a limitation, particularly when you think about the advantages of reserving journey immediately.
As an illustration, when reserving sure inns via any third-party service — together with Capital One Journey and different bank card issuers’ journey portals — you’ll usually forfeit elite standing advantages and the flexibility to earn elite qualifying credit and factors inside these loyalty applications.
Nonetheless, for flights and impartial inns (together with Disney resorts), reserving via the Capital One Journey portal makes numerous sense because you would not earn resort factors anyway. In the meantime, flights booked via Capital One Journey nonetheless earn factors and elite qualifying miles, identical to reserving immediately.
Lastly, Capital One Journey has a number of distinctive options because of its partnership with Hopper. This contains an built-in price-prediction and -matching instrument, together with a best-price assure. Capital One additionally affords the choice to buy cancel-for-any-reason flight protection and price-freeze safety. This enables of us to lock in a value they discover on the portal for a price till they’re prepared or in a position to guide.
Incomes miles via Capital One Journey
Other than how straightforward it’s to maximise that $300 credit score, there’s one different glorious purpose to make use of the Enterprise X to guide journey via the Capital One Journey portal: the bonus-earning alternatives.
The Enterprise X has a easy incomes construction, accruing 2 miles per greenback spent on most fees. Nonetheless, it options elevated incomes charges once you guide via Capital One Journey:
- 10 miles per greenback spent on inns and automotive leases booked by way of Capital One Journey
- 5 miles per greenback spent on flights, trip leases and journey actions booked by way of Capital One Journey
By utilizing the Enterprise X for Capital One Journey purchases, you may make sure you take full benefit of your $300 annual credit score after which earn bonus miles in your different bookings above and past that threshold. Simply notice that the $300 credit score doesn’t earn Capital One miles by itself, because it successfully reduces the price of your reserving.
You must also look into how one can stack rental automotive perks utilizing Hertz and the Enterprise X; this may prevent numerous time, cash and problem when leaving the airport to start out a trip.
Upon enrollment, accessible via the Capital One web site or cell app, eligible cardholders will stay at that standing stage via the period of the supply. Please notice, enrolling via the traditional Hertz Gold Plus Rewards enrollment course of (e.g., at hertz.com) is not going to routinely detect a cardholder as being eligible for this system, and cardholders is not going to be routinely upgraded to the relevant standing tier. Extra phrases apply.
How does this journey credit score evaluate to different premium playing cards?
Two main rivals to Enterprise X within the premium card house are the American Categorical Platinum Card® and Chase Sapphire Reserve® (see charges and charges).
Each the Chase and Amex merchandise have larger annual charges, however in addition they supply an array of extra perks that could be helpful for some customers. They every carry travel-specific advantages which are value evaluating to the Enterprise X.
Chase Sapphire Reserve
The Chase Sapphire Reserve fees a $795 annual price, and one among its standout perks is a extremely versatile $300 annual journey credit score. In contrast to Capital One’s requirement to make use of a proprietary reserving portal, Chase permits Sapphire Reserve cardholders to earn their $300 again on a huge number of journey transactions. This is applicable no matter whether or not they guide immediately with a resort or airline or via Chase Journey.
Amex Platinum
The Amex Platinum fees an $895 annual price (see charges and charges), with an array of built-in assertion credit that assist offset the yearly value of the cardboard.
One of many perks most just like Capital One’s is an up-to-$200 assertion credit score for airline incidental charges every calendar 12 months. One other comparable perk: as much as $600 (as much as $300 semiannually) in assertion credit on pay as you go Amex Superb Lodges + Resorts or The Lodge Assortment bookings (of two or extra nights for THC) made via American Categorical Journey® once you pay together with your Amex Platinum. Enrollment is required for choose advantages.
These credit are extra restrictive than the Enterprise X. The airline incidental price credit score can be utilized just for charges (seat choice, checked baggage, and so forth.) with a single airline, whereas the resort credit score can be utilized just for eligible inns. In the meantime, the Enterprise X credit score might be redeemed towards something bookable on Capital One Journey.
Backside line
Premium bank cards usually have excessive annual charges. However usually, the protections, credit and perks they provide make up for a big chunk of these annual charges. Within the case of the Enterprise X, a $300 annual credit score utilized to Capital One Journey bookings considerably offsets the cardboard’s $395 annual price. This successfully reduces the annual price to $95 as soon as you’ve got maxed out the $300 credit score.
In the event you plan to use for the Capital One Enterprise X — or have the cardboard already — familiarize your self with the journey portal to make sure you get probably the most out of this profit.
To study extra, learn our full assessment of the Capital One Enterprise X.
Study extra: Capital One Enterprise X with 100,000 bonus miles once you spend $10,000 on purchases within the first six months from account opening.
For charges and charges of the Amex Platinum Card, click on right here.
For Capital One merchandise listed on this web page, among the advantages could also be supplied by Visa® or Mastercard® and should fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
