2023.9 Replace: There’s a particular hyperlink for 90k supply. HT: USCardForum tcelvis.
2022.6 Replace: Capital One introduced that entry to Plaza Premium lounges are added to this card. Plaza Premium lounges used to belong to Precedence Go Choose (PPS), however then they separated in 2021. Beforehand solely AmEx Platinum card holders can get into Plaza Premium lounges, now Capital One Enterprise X holders can entry it as nicely.
2022.3 Replace: The 100k supply plus $200 trip rental credit score sign-up bonus is expired. The brand new supply is just 75k, and the great factor is the spending requirement is decrease.
Be taught Extra
Advantages
- 90k supply: earn 90,000 Capital One miles after spending $4,000 in first 3 months. The current greatest supply is 100k.
- Earn limitless 10x miles on accommodations and rental vehicles booked via Capital One Journey and 5x miles on flights booked via Capital One Journey, plus limitless 2x miles on all different purchases.
- The general worth of Capital One Miles is 1.6 cent/level. See beneath for a short introduction.
- Get 10,000 bonus miles yearly, beginning in your first anniversary. No spending required.
- $300 Annual Journey Credit score (membership 12 months): Obtain as much as $300 in assertion credit when reserving via Capital One Journey.
- First 4 licensed person playing cards free.
- Complimentary entry to the next lounge collections (for each main card holder and licensed customers):
- Capital One Lounges, 2 complementary visitors.
- Precedence Go Choose (PPS) lounges, 2 complementary visitors. Licensed customers will get a separated PPS card.
- Plaza Premium lounges, 2 complementary visitors.
- Herz President’s Circle membership (for each main card holder and licensed customers).
- As much as $100 credit score for International Entry or TSA Precheck utility charge.
- Mobile phone safety: rise up to $800 per declare and a pair of claims per 12 months in mobile phone safety towards lined theft or injury for telephones listed in your month-to-month mobile phone invoice if you pay it together with your eligible bank card. Deductible $50.
- No international transaction charge.
Disadvantages
- $395 annual charge, NOT waived for the primary 12 months.
- Capital One will pull all three main credit score bureaus (Experian, TransUnion, Equifax) for one bank card utility!
Introduction to Capital One (C1) Miles
- You may earn C1 Miles with two sorts of playing cards: Miles incomes playing cards, or cashback earninng playing cards. Miles incomes playing cards primarily embody: Capital One Enterprise Rewards Credit score Card, Capital One VentureOne Rewards Credit score Card, Capital One Spark Miles for Enterprise. Cashback incomes playing cards primarily embody: Capital One Savor Money Rewards Credit score Card, Capital One SavorOne Money Rewards Credit score Card, Capital One Quicksilver Money Rewards Credit score Card, Capital One Spark Money Plus and many others.
- You may transfer your C1 Miles from one Miles incomes card to a different Miles incomes card at any time, and you may also transfer your cashback from a cashback incomes card to a Miles incomes card at any time. Nonetheless, you cannot transfer your Miles from a Miles incomes card to a cashback incomes card, subsequently cashback is extra versatile than Miles in C1’s system.
- C1 Miles by no means expire. You’ll lose the C1 Miles on one card when you shut the account, however you possibly can stop shedding your C1 Miles by transferring the factors to a different C1 card beforehand.
- When you have a Miles incomes card, C1 Miles might be transferred to some airline miles and lodge factors. Some good 1:1 switch choices are: Air Canada (AC) (Star Alliance), Avianca (AV) (Star Alliance), Asia Miles (CX) (Oneworld), British Airways (BA), and Wyndham lodge factors, and many others. When you use C1 Miles on this manner, the worth is about 1.6 cents/level.
- You may redeem your C1 Miles in the direction of journey expense at a set ratio 1.0 cent/level. You too can redeem your C1 Miles in the direction of some retailers present playing cards at a set raiot 1.0 cent/level.
- You may redeem your C1 Miles in the direction of assertion credit score at a set ratio 0.5 cents/level.
- In abstract, we estimate that C1 Miles are price about 1.6 cents/level.
Really helpful Utility Time
- We suggest you apply for this card after you might have a credit score historical past of at the very least two years and you might be very comfy with the bank card recreation.
- [1/6 rule] You may solely apply for 1 Capital One bank card for each 6 months, together with each private and enterprise bank cards. You’ll get computerized denial when you violate this rule, however there can be no laborious pull.
Abstract
The welcome supply is good. The spending rewards is just like Capital One Enterprise however barely improved.
The profit for holding this card is nice, the PPS card and Hertz President Circle membership are helpful, particularly contemplating you will get these advantages on the primary 4 licensed person playing cards without spending a dime!
The annual charge is $395, however you get $300 journey credit score and 10k anniversary bonus miles. The $300 journey credit score requires to be booked through Capital One Portal, its flexibility is not so good as CSR or Citi Status, however it ought to be straightforward sufficient to make use of. The 10k miles are price about $160. So principally this card pays for itself.
Capital One has improved its miles program over time considerably, these days the switch ratio is sort of all 1:1, so it’s sturdy sufficient to compete with UR/MR/TYP/Marriott factors system now.
General, this card is an efficient card, so long as you will get accredited (which is difficult) it’s a very good card to have.
