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 simply 75k, and the nice 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 latest finest supply is 100k.
- Earn limitless 10x miles on lodges and rental vehicles 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.
- The general worth of Capital One Miles is 1.6 cent/level. See beneath for a quick introduction.
- Get 10,000 bonus miles yearly, beginning in your first anniversary. No spending required.
- $300 Annual Journey Credit score (membership yr): Obtain as much as $300 in assertion credit when reserving by means of Capital One Journey.
- First 4 licensed person playing cards free.
- Complimentary entry to the next lounge collections (for each major card holder and licensed customers):
- Capital One Lounges, 2 complementary company.
- Precedence Go Choose (PPS) lounges, 2 complementary company. Approved customers will get a separated PPS card.
- Plaza Premium lounges, 2 complementary company.
- Herz President’s Circle membership (for each major card holder and licensed customers).
- As much as $100 credit score for World Entry or TSA Precheck software price.
- Cellphone safety: rise up to $800 per declare and a pair of claims per yr in cellphone safety towards lined theft or harm for telephones listed in your month-to-month cellphone invoice if you pay it together with your eligible bank card. Deductible $50.
- No overseas transaction price.
Disadvantages
- $395 annual price, NOT waived for the primary yr.
- Capital One will pull all three main credit score bureaus (Experian, TransUnion, Equifax) for one bank card software!
Introduction to Capital One (C1) Miles
- You’ll be able to earn C1 Miles with two sorts of playing cards: Miles incomes playing cards, or cashback earninng playing cards. Miles incomes playing cards primarily embrace: 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 embrace: 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 forth.
- You’ll be able to 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. 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 if you happen to shut the account, however you possibly can forestall dropping your C1 Miles by transferring the factors to a different C1 card beforehand.
- If in case you have a Miles incomes card, C1 Miles could 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 so forth. In case you use C1 Miles on this manner, the worth is about 1.6 cents/level.
- You’ll be able to redeem your C1 Miles in direction of journey expense at a hard and fast ratio 1.0 cent/level. You can too redeem your C1 Miles in direction of some retailers present playing cards at a hard and fast raiot 1.0 cent/level.
- You’ll be able to redeem your C1 Miles in direction of assertion credit score at a hard and fast ratio 0.5 cents/level.
- In abstract, we estimate that C1 Miles are price about 1.6 cents/level.
Really helpful Software Time
- We suggest you apply for this card after you could have a credit score historical past of a minimum of two years and you’re very comfy with the bank card recreation.
- [1/6 rule] You’ll be able to solely apply for 1 Capital One bank card for each 6 months, together with each private and enterprise bank cards. You’ll get automated denial if you happen to violate this rule, however there will likely be no laborious pull.
Abstract
The welcome supply is good. The spending rewards is much 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 totally free!
The annual price 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 must 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 through the years 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.
Total, this card is an effective card, so long as you will get accredited (which is tough) it’s a superb card to have.