Why Venture X won the TPG Award for the Best Premi...

When the Capital One Venture X Credit Card launched in late 2021, I used to be one of many first to use — and it’s been a staple in my wallet ever since.

As a frequent traveler, I’ve used this card extensively over the previous three years, taking full benefit of its invaluable journey perks, premium lounge entry and robust incomes potential.

So, it is no shock that The Factors Man topped Enterprise X because the Finest Premium Journey Credit score Card on the 2024 TPG Awards.

On this information, I will break down precisely what makes this card stand out, share my private experiences and show you how to determine whether or not it deserves a spot in your pockets, too.

Worthwhile early spend bonus

Enterprise X has one of many most valuable early spend bonuses on the market. New cardholders can earn 75,000 bonus miles after spending $4,000 within the first three months from account opening.

So, what can these miles get you? One of many easiest redemption choices is to cowl journey purchases made in your Enterprise X card within the final 90 days. So, you could possibly use the 75,000-mile early spend bonus to cowl a $750 Airbnb keep or a $750 flight to Japan.

You too can switch your miles to certainly one of Capital One’s 15-plus airline and resort companions. Final yr, I transformed 50,000 miles into Flying Blue miles to fly business class back from the Paris Olympics. In the course of the 11-hour Air France flight, I savored French delicacies, skilled heat hospitality and took a day nap earlier than arriving residence. These are solely two examples of the numerous methods you may redeem your miles.

Enterprise X’s $395 annual charge (see rates and fees) is decrease than a few of its premium card opponents, and two advantages, specifically, greater than make up for it, which means this card is price holding onto yr after yr.

First, the $300 annual travel credit can be utilized to ebook flights, motels, trip leases and rental vehicles by Capital One Journey. Phrases apply. That drops the efficient annual charge to $95. I used this yr’s journey credit score to totally cowl the price of a weeklong Hertz automotive rental — and I obtained a automotive improve as a result of this card additionally grants you top-tier Hertz President’s Circle standing*. Phrases apply.

Every day Publication

Reward your inbox with the TPG Every day publication

Be part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s specialists

You will additionally obtain 10,000 bonus miles in your first card anniversary after which yearly after that, which Capital One values at $100.

With these two perks, price $400 collectively, you are successfully being “paid” $5 to carry the cardboard annually.

Premium lounge entry

Capital One has a fast-growing lounge network, with lounges open at Denver Worldwide Airport (DEN), Harry Reid Worldwide Airport (LAS) in Las Vegas, Dulles Worldwide Airport (IAD) close to Washington, D.C., and Dallas Fort Price Worldwide Airport (DFW), which I go to continuously, as I am primarily based in Texas.

Final yr, Capital One debuted an modern, high-end eating idea referred to as the “Capital One Landing” at D.C.’s Ronald Reagan Washington Nationwide Airport (DCA). Right here, you may get pleasure from an a la carte menu curated by famend Spanish American chef José Andrés, in addition to signature cocktails and barista-made espresso.

A second Capital One Touchdown at New York Metropolis’s LaGuardia Airport (LGA) and a full lounge on the metropolis’s John F. Kennedy Worldwide Airport (JFK) are additionally scheduled to reach quickly.

On high of that, cardholders obtain limitless entry for themselves and as much as two company to 1,300-plus taking part Precedence Move™ lounges world wide.**

Excessive incomes charges

Enterprise X is my go-to card for on a regular basis purchases, particularly when touring overseas. It earns 2 miles per greenback spent on nearly every thing — from groceries to fuel to live performance tickets — whereas charging no overseas transaction charges (see rates and fees).

And that incomes price is boosted once you ebook by Capital One Journey. You will earn 5 miles per greenback spent on flights and trip leases and 10 miles per greenback spent on motels and automotive leases booked by Capital One Journey.

Plus, if the value of a flight booked by Capital One Journey drops within the 10 days after you purchase it, Capital One will automatically refund you the distinction (as much as $50) within the type of a journey credit score.

And if you wish to elevate your journey even additional, Enterprise X cardholders have entry to the Premier Collection by Capital One Journey, a curated record of luxurious motels, resorts and trip leases that include unique advantages, together with:

• Take pleasure in day by day breakfast for 2 (motels solely)
• A $100 property credit score that may cowl extras like spa companies, dinner or drinks
• A room improve, early check-in and late checkout (topic to availability)

If you wish to get by airport safety and customs extra rapidly, Enterprise X will help. Each 4 years, you will obtain a credit score of as much as $120 for a TSA PreCheck or Global Entry membership, which presents expedited safety and customs screening.

My suggestion is to use for World Entry, because it features a complimentary TSA PreCheck membership anyway. I used Enterprise X to cowl my $120 World Entry renewal in the beginning of 2025, permitting me to make use of each companies by 2029.

Backside line

For those who’re a frequent traveler who values premium perks, easy rewards and a seamless airport expertise, Enterprise X is a top-tier alternative. That is why it has been in my pockets because it launched in late 2021.

With a beneficiant early spend bonus, credit that totally offset the annual charge and aggressive incomes charges — particularly on journey purchases — you will maximize each greenback spent. Plus, Capital One’s increasing lounge community and Priority Pass membership make sure you’ll journey in fashion wherever you go.

Able to elevate your journey expertise? Learn our full review to dive into the small print and study extra about Enterprise X — your subsequent journey begins now.

*Upon enrollment, accessible by the Capital One web site or cellular app, eligible cardholders will stay at that standing degree by the length of the supply. Please notice, enrolling by the conventional Hertz Gold Plus Rewards enrollment course of (e.g., at Hertz.com) won’t robotically detect a cardholder as being eligible for this system and cardholders won’t be robotically upgraded to the relevant standing tier. Phrases and exclusions apply.

**Costs, facilities and hours of operation are topic to alter at any time and with out prior discover. Cardholders won’t be compensated for modifications in places, charges or insurance policies. Entry isn’t assured and is topic to area availability. To qualify for complimentary or discounted Lounge and Touchdown entry, card accounts should be in good standing and cardholders should current their eligible Capital One card. Moreover, cardholders and company should current a boarding move with a confirmed seat project for a departing or connecting same-day flight. We won’t admit cardholders or company with boarding passes for arriving flights with no connection or with no intent on touring to a different vacation spot. Friends could enter as much as 3 hours earlier than their departure time. Friends underneath 18 should be accompanied by an grownup. Should be of authorized ingesting age to devour alcoholic drinks. Please drink responsibly. Any particular person displaying or taking part in inappropriate habits or failing to stick to Lounge and Landings guidelines, together with, however not restricted to, conduct that’s disruptive, abusive or violent is topic to removing. Be taught extra about Capital One Lounge and Touchdown entry insurance policies here.