When you’re on the lookout for a premium journey rewards bank card, two in style choices are prone to pop up in your search: the just lately refreshed Chase Sapphire Reserve® (see charges and charges) and the Capital One Enterprise X Rewards Credit score Card.
These playing cards differ in relation to annual charges, incomes charges and advantages. And, in fact, every earns factors or miles in its personal forex. You will gather Chase Final Rewards factors with the Sapphire Reserve, whilst you’ll earn Capital One miles with the Enterprise X.
Whether or not you are weighing a swap from one choice to the opposite or able to apply to your first premium card, both could possibly be a strong selection, relying in your targets and spending habits.
Let’s analyze the main points of every that will help you resolve whether or not the Capital One Enterprise X or the Chase Sapphire Reserve is the cardboard for you.
Capital One Enterprise X vs. Chase Sapphire Reserve comparability
Here is what to know concerning the playing cards at first look.
| Function | Capital One Enterprise X | Chase Sapphire Reserve |
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$395 |
$795 |
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Earn 100,000 bonus miles after spending $10,000 on purchases within the first six months from account opening. |
Earn as much as 175,000 bonus factors after spending $6,000 on purchases within the first three months of account opening.
You will need to examine to see if you happen to’re eligible for the 175,000 level supply through the Chase pre-qualification widget. There isn’t a affect to your credit score rating. This supply is simply accessible through this device. If you’re not eligible for this elevated supply, you should still be eligible to earn the usual 125,000-point supply with the identical spend necessities. |
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Elevated incomes charges on flights and accommodations booked immediately and Chase Journey purchases apply solely after exhausting the $300 annual journey credit score. |
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*Upon enrollment, accessible by way of the Capital One web site or cellular app, eligible cardholders will stay at that standing degree by way of the period of the supply. Please observe, enrolling by way of the conventional Hertz Gold Plus Rewards enrollment course of (e.g., at hertz.com) is not going to routinely detect a cardholder as being eligible for this system, and cardholders is not going to be routinely upgraded to the relevant standing tier. Extra phrases apply.
Capital One Enterprise X vs. Chase Sapphire Reserve welcome supply
New Enterprise X cardholders can earn 100,000 bonus miles after spending $10,000 on purchases within the first six months from account opening.
TPG’s November 2025 valuations peg Capital One miles at 1.85 cents apiece, making this welcome supply price $1,850.
In the meantime, new Sapphire Reserve cardholders can earn as much as 175,000 bonus factors after spending $6,000 on purchases within the first three months of account opening with no affect to your credit score. Once more, you have to examine to see if you happen to’re eligible for the 175,000 level supply through the Chase pre-qualification widget. This supply is simply accessible through this device.
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When you’re not eligible for this elevated supply, you should still be eligible to earn the usual 125,000-point supply with the identical spend necessities.
TPG’s November 2025 valuations peg Chase Final Rewards factors at 2.05 cents apiece, making this welcome supply price as much as $3,588.
Chase Final Rewards factors are barely extra precious than Capital One miles, due partially to Chase’s high-value switch companions.
Winner: Sapphire Reserve. Its welcome bonus is price extra.
Associated: Highest supply in 4 years: Simply how good is the Capital One Enterprise X’s 100,000‑mile bonus?
Capital One Enterprise X vs. Chase Sapphire Reserve advantages
The advantages are what make these playing cards stand out above the remainder. Here is a take a look at the advantages at first look.
| Profit | Enterprise X | Sapphire Reserve |
|---|---|---|
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Plus, you may unlock these advantages after spending $75,000 or extra in a calendar yr:
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Each playing cards have a $300 annual journey assertion credit score, however there are some key variations to contemplate. The journey credit score on the Enterprise X is not versatile; it’s a must to guide by way of Capital One Journey to be reimbursed.
The Sapphire Reserve‘s credit score is easier to make use of because it routinely applies to any journey buy as much as $300 and does not require reserving immediately with Chase.
The credit score on the Sapphire Reserve can cowl all the pieces from tolls to parking meters to worldwide subway fares. Moreover, with the Sapphire Reserve, you obtain myriad credit, together with an as much as $250 biannual The Edit credit score for two-night pay as you go resort stays and an as much as $150 biannual Chase Eating credit score.
Relating to lounge entry, each playing cards supply a Precedence Cross membership. This grants entry to over 1,800 lounges for the cardholder and as much as two company. Nonetheless, beginning Feb. 1, 2026, main cardholders and approved customers of the Enterprise X will not be capable of deliver complimentary company to Precedence Cross lounges. A price of $35 will apply per visitor.
Each issuers are additionally actively increasing their very own lounge networks.
5 Capital One lounges and one Capital One Touchdown are at present open at six airports throughout the U.S. One other Capital One Touchdown is scheduled to open at New York’s LaGuardia Airport (LGA).
Chase has its personal rising community of airport lounges, with eight lounges at present open.
Chase additionally plans to open lounges at Harry Reid Worldwide Airport (LAS) and Los Angeles Worldwide Airport (LAX) sooner or later.
Each playing cards include ancillary advantages, such because the Sapphire Reserve’s varied DoorDash perks and IHG One Rewards Platinum Elite standing (by way of Dec. 31, 2027) and the Enterprise X’s complimentary Hertz President’s Circle standing, that won’t essentially transfer the needle for potential candidates.
Nonetheless, these perks are all price making the most of if you happen to resolve to use for both card.
With the Enterprise X, you will get a ten,000-mile anniversary bonus every year for each cardholder anniversary.
Moreover, each playing cards are Visa Infinite playing cards and supply high-level journey and buy protections.
Winner: Sapphire Reserve. Its advantages and assertion credit present nearly triple the worth of the Enterprise X’s. Plus, starting Feb. 1, 2026, company could have higher lounge entry on the Sapphire Reserve.
Associated: 5 methods to make sure you have lounge entry earlier than your subsequent flight
Incomes rewards with the Capital One Enterprise X vs. Chase Sapphire Reserve
Each playing cards earn ultra-flexible rewards currencies. The Enterprise X earns:
- 10 miles per greenback spent on accommodations and automobile leases booked by way of Capital One Journey
- 5 miles per greenback spent on flights and trip leases booked by way of Capital One Journey
- 2 miles per greenback spent on all different purchases
In the meantime, the Sapphire Reserve earns:
- 10 factors per greenback spent on Peloton gear and accent purchases of $150 or extra (by way of Dec. 31, 2027), with a most of fifty,000 factors
- 8 factors per greenback spent on purchases made by way of Chase Journey, together with The Edit
- 5 factors per greenback spent on Lyft rides (by way of Sept. 30, 2027)
- 4 factors per greenback spent on flights and accommodations booked immediately
- 3 factors per greenback spent on eating worldwide
- 1 level per greenback spent on all the pieces else
Elevated incomes charges on flights and accommodations booked immediately and Chase Journey purchases apply solely after exhausting the $300 annual journey credit score.
In line with TPG’s valuations, the Enterprise X provides an 18.5% return on accommodations and rental automobiles booked by way of Capital One’s portal, whereas the Sapphire Reserve returns 16.4% on purchases by way of Chase Journey.
The Enterprise X provides simplicity with 2 miles per greenback spent on all different purchases. The Sapphire Reserve provides larger returns in sure classes, together with 4 factors per greenback spent on accommodations and flights booked immediately and three factors per greenback spent on eating purchases.
Frequent vacationers will doubtless earn extra with the Sapphire Reserve’s bonus classes than they’ll with the Enterprise X’s flat-rate incomes construction.
Winner: Sapphire Reserve. It provides bonus earnings in classes past journey portal bookings.
Associated: Finest rewards bank cards
Redeeming rewards with the Capital One Enterprise X vs. Chase Sapphire Reserve
Probably the most precious choice for redeeming with both the Capital One Enterprise X or the Sapphire Reserve is transferring factors or miles to journey companions. Nonetheless, that is not the one manner to make use of your rewards on both card.
Capital One miles and Chase Final Rewards factors can each be used for flat-rate redemptions on every respective issuer’s journey portal.
With the Chase Sapphire Reserve, your factors can be utilized to guide journey immediately by way of Chase Journey at a worth of as much as 2 cents per level, relying on the cardboard and the precise redemption, with the Factors Enhance function (see your rewards program settlement for full particulars).
Whereas this is not as rewarding as transferring your factors to Chase’s switch companions, this redemption choice is beneficial when you have bother discovering award area.
In the meantime, Enterprise X provides fixed-rate journey redemptions at simply 1 cent per mile — and whereas this may be utilized to any journey buy charged to the cardboard, it is nonetheless notably decrease.
Each the Enterprise X and the Sapphire Reserve additionally supply much less profitable redemption choices, similar to reward playing cards and money again.
Winner: Chase Sapphire Reserve. Redeeming your rewards for journey is as much as 50% extra profitable than with the Enterprise X.
Associated: Mixture of factors and money: How I strategize my award redemptions
Transferring rewards with the Capital One Enterprise X vs. Chase Sapphire Reserve
Transferring rewards to journey companions is one of the simplest ways to maximise these hard-earned factors and miles.
Each Chase and Capital One supply a formidable checklist of switch companions, making redeeming rewards the best choice.
With the Chase Sapphire Reserve, you may switch your Final Rewards factors at a easy 1:1 ratio.
Alternatively, the Capital One miles program has companions that switch at a 1:1 ratio for essentially the most half, however there are a few exceptions that switch at a much less favorable ratio.
Chase has 13 airline and resort switch companions, which embody Air Canada Aeroplan, Air France-KLM Flying Blue and United MileagePlus, to call just a few.
In the meantime, Capital One has 15-plus switch companions. Some notable names embody Avianca LifeMiles, Etihad Visitor and Turkish Airways Miles&Smiles.
TPG bank cards author Chris Nelson persistently transfers his Final Rewards factors to companions to redeem them for outsize worth. He just lately transferred 54,000 factors to United MileagePlus to improve to Polaris enterprise class on a flight from Newark Liberty Worldwide Airport (EWR) to O.R. Tambo Worldwide Airport (JNB).
It’s also possible to reap the benefits of switch bonuses to get most worth.
Winner: Tie. Regardless of Capital One having extra switch companions, not all transfers happen at a 1:1 ratio.
Ought to I get the Capital One Enterprise X or the Chase Sapphire Reserve?
When you worth broader incomes potential and a versatile journey credit score, the Chase Sapphire Reserve is an efficient selection. However if you happen to want paying a decrease annual price and incessantly journey out of an airport with a Capital One Lounge, the Capital One Enterprise X is probably going the higher card for you.
Backside line
Each the Capital One Enterprise X Rewards Credit score Card and the Chase Sapphire Reserve have their very own strengths and weaknesses, and it actually comes right down to your desire on what advantages are helpful to you or not.
Nonetheless, for a way more manageable annual price, nearly half of the Sapphire Reserve, the Enterprise X is a incredible providing — if you happen to do not thoughts utilizing the journey portal to unlock lots of the advantages on the cardboard.
For many who want to guide immediately with journey suppliers and wish extra assertion credit and advantages, the Chase Sapphire Reserve is probably going the higher choice for you, although it comes with the next $795 annual price.
To be taught extra, take a look at our full evaluations of the Capital One Enterprise X and the Chase Sapphire Reserve.
Be taught extra: Capital One Enterprise X Rewards Credit score Card
Apply right here: Chase Sapphire Reserve
For Capital One merchandise listed on this web page, a few of the advantages could also be supplied by Visa® or Mastercard® and will differ by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
