2023.9 Replace: This card is now accessible on-line (beforehand solely accessible through enterprise relationship supervisor). The welcome supply is 150k.

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Advantages

1. 150k supply: earn 150,000 Capital One miles after spending $30,000 in first 3 months.
2. Earn limitless 10x miles on motels and rental automobiles booked by means of Capital One Journey and 5x miles on flights booked by means of Capital One Journey, plus limitless 2x miles on all different purchases.
3. The general worth of Capital One Miles is 1.6 cent/level. See beneath for a quick introduction.
4. Get 10,000 bonus miles yearly, beginning in your first anniversary. No spending required.
5. $300 Annual Journey Credit score (membership 12 months): Obtain as much as $300 in assertion credit when reserving by means of Capital One Journey.
6. Complimentary entry to the next lounge collections (for each main card holder and approved customers):
   • Capital One Lounges, 2 complementary company.
   • Precedence Cross Choose (PPS) lounges, 2 complementary company. Approved customers will get a separated PPS card.
   • Plaza Premium lounges, 2 complementary company.
7. As much as $100 credit score for International Entry or TSA Precheck utility price.
8. No overseas transaction price.

Disadvantages

1. $395 annual price, NOT waived for the primary 12 months.
2. 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 possibly can 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 so on.
• You possibly can transfer your C1 Miles from one Miles incomes card to a different Miles incomes card at any time, and you can too transfer your cashback from a cashback incomes card to a Miles incomes card at any time. Nevertheless, 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 should you shut the account, however you’ll be able to forestall dropping your C1 Miles by transferring the factors to a different C1 card beforehand.
• When you have a Miles incomes card, C1 Miles will be transferred to some airline miles and resort 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 resort factors, and so on. If you happen to use C1 Miles on this manner, the worth is about 1.6 cents/level.
• You possibly can redeem your C1 Miles in the direction of journey expense at a set ratio 1.0 cent/level. You may as well redeem your C1 Miles in the direction of some retailers reward playing cards at a set raiot 1.0 cent/level.
• You possibly can 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 useful Software Time

1. We suggest you apply for this card after you will have a credit score historical past of no less than two years and you’re very snug with the bank card recreation.
2. [1/6 rule] You possibly can 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 should you violate this rule, however there will probably be no laborious pull.

Abstract

This card is basically the identical as the private card Capital One Enterprise X besides that it’s a enterprise bank card. This card has $395 annual price, nevertheless it comes with 10k miles and $300 journey portal credit score yearly, they usually can mainly cowl the annual price. Capital One has improved its miles program over time considerably, these days the switch ratio is nearly all 1:1, so it’s sturdy sufficient to compete with UR/MR/TYP/Marriott factors system now. Due to this fact, its 2x miles incomes capability could be very sturdy. Its welcome supply is beneficiant however its spending requirement is big. This card is appropriate for giant spenders.

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Historic Presents Chart

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