I’ve a confession to make: I used to hate the Capital One Enterprise Rewards Credit score Card.
I do know, I do know — it was fairly a controversial opinion amongst my TPG colleagues for the longest time. I might all the time been a Chase girlie (the Chase Sapphire Most well-liked® Card was my first journey bank card, and it nonetheless holds a high spot in my pockets), and the Enterprise Rewards all the time appeared overrated by comparability.
Nevertheless, regardless of my misgivings, I utilized for the cardboard a number of years again to benefit from a hefty 100,000-mile welcome supply. Whereas that particular supply is not accessible, the present welcome supply of 75,000 miles after spending $4,000 on purchases throughout the first three months of account opening, plus a $250 Capital One Journey credit score to make use of within the first cardholder yr, is equally tempting.
Since including the cardboard to my pockets, it is really grow to be a mainstay favourite that I am unable to think about eliminating. Here is how the Capital One Enterprise Rewards modified my thoughts and have become a favourite card of mine to suggest.
Double miles
As somebody who already had the Chase Freedom Limitless®, I initially neglected the good thing about incomes not less than 2 miles per greenback spent on purchases. With my Freedom Limitless, I can earn not less than 1.5% again on all purchases . However that additional 0.5 miles does add up over time and makes an enormous distinction in how briskly I rack up rewards.
Final yr, I spent virtually $18,400 on my Enterprise, which earned round 36,800 Capital One miles. With my Freedom Limitless, I’d have solely earned 27,600 Final Rewards factors on that non-bonused spending.
That is roughly $680 in worth earned with the Enterprise Rewards versus $565 earned with the Chase Freedom Limitless (since I even have the Chase Sapphire Most well-liked, my Freedom Limitless factors get the total worth of Final Rewards factors), based mostly on TPG’s March 2025 valuations. Despite the fact that TPG at the moment values Chase Final Rewards factors larger than Capital One miles, the extra rewards I earn with Capital One’s larger nonbonus spending price greater than make up for that distinction.
Capital One switch companions
Whereas my Chase, American Categorical and Bilt playing cards additionally enable me to switch my rewards to resort and airline companions, Capital One presents some distinctive choices that my different playing cards don’t, together with EVA Air, Wyndham and Finnair Plus.
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Plus, the power to funnel rewards from a number of playing cards into one account (resembling British Airways or Singapore Airways — switch companions of all a number of bank card issuers I discussed) helps me maximize incomes classes throughout playing cards whereas nonetheless combining rewards for bigger redemptions.
International Entry/TSA PreCheck price credit score
The Capital One Enterprise Rewards is one in every of few mid-tier journey rewards playing cards that provide a International Entry/TSA PreCheck utility price credit score. Within the first yr, this profit alone made it simple to sufficient worth from this $95-per-year card to make the annual price value it.
Associated: The highest 11 bank cards with annual journey assertion credit
Low annual price
The advantages listed above are nice, however the low annual price solidifies this card’s worth. I get a number of perks with this card that almost all different journey playing cards in that sub-$100 annual price vary do not supply. As a lot as I am keen on my Chase Sapphire Most well-liked, as an illustration, it would not save me time on the airport by masking my International Entry/TSA PreCheck utility price or earn nice rewards on non-bonused spending.
Some playing cards supply much more advantages, like lounge entry, journey credit and better spending charges for sure classes — however in addition they include a lot larger annual charges. At this level in my life, I am unable to justify spending hundreds of {dollars} every year on excessive annual charges for a number of playing cards, such because the Chase Sapphire Reserve® and The Platinum Card® from American Categorical.
Fortunately, some nice mid-tier playing cards on the market make touring way more handy with out breaking the financial institution — together with the Enterprise Rewards. With solely a $95 annual price, it is simple to justify protecting this card in my pockets for the lengthy haul.
Backside line
I can admit after I’m incorrect, and I undoubtedly misjudged the Enterprise Rewards for a very long time earlier than I noticed how a lot worth it may add to my pockets. Now, it is one in every of my most advisable playing cards for newbies to the factors and miles house on the lookout for a card that is simple to make use of and maximize.
The Enterprise Rewards is a superb first journey bank card with a low annual price, easy-to-use rewards and stable advantages you aren’t getting with different mid-tier playing cards. For factors execs, it presents a good way to diversify your switch companion choices throughout playing cards and earn rewards on nonbonus purchases that different playing cards could not cowl with out including tons of of {dollars} in annual charges.
To study extra, learn our full evaluation of the Capital One Enterprise Rewards card.
Be taught extra: Capital One Enterprise Rewards Credit score Card
Associated: Capital One Enterprise Rewards vs. Capital One Enterprise X
