Key takeaways
- The Chase Sapphire Most popular® Card and Capital One Enterprise Rewards Credit score Card each have an annual payment of $95, however their similarities finish there.
- These two common journey rewards bank cards have pretty completely different rewards buildings, that means that selecting between them will doubtless come all the way down to your spending habits and the methods you prefer to journey.
- For individuals who like maximizing their rewards by class spending, the Sapphire Most popular will doubtless be a greater decide, whereas these on the lookout for a journey card with a powerful flat-rate rewards fee will doubtless choose the Enterprise.
The Chase Sapphire Most popular® Card and Capital One Enterprise Rewards Credit score Card are two of probably the most versatile journey bank cards available on the market right now, however they fluctuate dramatically when it comes to how one can redeem your rewards. Each playing cards allow you to change factors or miles for journey instantly or switch them to airline and lodge companions, however they achieve this at very completely different values and with a distinct set of companions.
The best way you earn factors or miles with every card additionally varies, with the Enterprise Rewards card, generally referred to as the Enterprise, providing a flat 2X miles on all purchases and the Sapphire Most popular giving cardholders a better fee in choose classes.
With each of those journey bank cards providing beneficiant sign-up bonuses proper now, chances are you’ll be questioning which one would depart you higher off. Bankrate’s professional evaluation beneath will provide help to decide the worth of every provide and which card may work higher in your wants.
Essential particulars
| Chase Sapphire Most popular® Card | Capital One Enterprise Rewards Credit score Card | |
|---|---|---|
| Welcome bonus | 60,000 bonus factors if you spend $4,000 on purchases within the first three months, price $750 when redeemed by Chase Final Rewards | 75,000 miles when you spend $4,000 on purchases inside 3 months from account opening, equal to $750 in journey |
| Rewards fee |
|
|
| Annual payment | $95 | $95 |
Chase Sapphire Most popular vs. Capital One Enterprise highlights
At first look, these playing cards appear considerably related when it comes to their rewards buildings and bonuses. Nonetheless, they earn several types of rewards, which aren’t valued the identical. We go over the most well-liked classes every card stands out in beneath.
Welcome bonus winner
Rewards fee winner
International transaction payment winner
Which card earns probably the most?
With the Capital One Enterprise letting cardholders earn 2X miles for each greenback they spend, this card can simply provide help to rack up a better variety of miles over time. However with the worth of Chase Final Rewards factors being increased usually, the Chase Sapphire Most popular can nonetheless provide help to earn an identical quantity of worth in rewards.
Let’s do the maths.
Chase Sapphire Most popular vs. Capital One Enterprise spending instance
Think about you’re somebody who spends lots on journey and eating every month, however that you simply additionally use your bank card to pay for normal spending and payments. In that case, your month-to-month spending may look one thing like this:
- $200 per thirty days spent on eating
- $100 per thirty days spent on common journey
- $200 per thirty days spent on eligible journey by the journey portals
- $300 per thirty days spent on groceries
- $1,200 spent on different purchases
| Spending classes | Chase Sapphire Most popular Final Rewards factors earned | Capital One Enterprise miles earned |
|---|---|---|
| $200 on eating | 600 factors | 400 miles |
| $200 on eligible journey booked by journey portals | 1,000 factors | 1,000 miles |
| $100 on common journey | 200 factors | 200 miles |
| $300 on groceries | 900 factors (when purchased on-line) | 600 miles |
| $1,200 on different purchases | 1,200 factors | 2,400 miles |
| Complete month-to-month class earnings | 3,900 factors | 4,600 miles |
With the Chase Sapphire Most popular, you’d earn 3,900 factors per thirty days, which might be 46,800 factors per 12 months. With the welcome bonus, that comes out to 106,800 for the primary 12 months.
With the Capital One Enterprise, you’d get 4,600 miles per thirty days, equating to 55,200 miles per 12 months. Add the welcome bonus you earned to that quantity, and your first 12 months’s whole could be 130,200 miles. That’s a distinction of 23,400 miles within the first 12 months and a distinction of 8,400 miles per 12 months after that.
Nonetheless, as a result of valuations of those rewards factors when redeemed of their respective journey portal, 55,200 Capital One miles are price $552, however 46,800 Chase Final Rewards factors are price $585. So, whilst you could earn extra miles with the Capital One Enterprise, the Chase Sapphire Most popular’s Final Rewards factors will provide you with extra bang in your buck.
That is all from one particular spending instance, nonetheless, and it comes with some caveats. For instance, whereas each playing cards earn 5X the factors or miles on journey booked by their respective journey portals, the Capital One Enterprise solely consists of resorts and rental vehicles in that class, so that you wouldn’t earn 5X the factors on flights the way in which you possibly can with the Chase Sapphire Most popular. However the Sapphire Most popular additionally requires cardholders to trace their spending extra carefully to ensure they’re maxing out their rewards classes. For those who don’t purchase your groceries on-line, for instance, you wouldn’t be capable to benefit from the Sapphire Most popular’s boosted rewards on grocery purchases.
Why must you get the Chase Sapphire Most popular?
With so many bonus classes, the Chase Sapphire Most popular is an effective rewards card whether or not you journey typically or not. Plus, relating to utilizing your rewards, you possibly can money them in for lots greater than journey.
Listed here are some extra causes to think about signing up:
Extra advantages
Sapphire Most popular cardholders additionally get a ten p.c anniversary level bonus every account anniversary. Which means for those who earned 50,000 factors in a 12 months, you’d obtain 5,000 extra bonus factors.
The Chase Sapphire Most popular additionally provides cardholders perks like journey cancellation and interruption insurance coverage price as much as $10,000 per particular person and $20,000 per journey. You additionally qualify for advantages similar to:
- Major auto rental protection
- Baggage delay insurance coverage
- Misplaced baggage reimbursement
- Journey delay reimbursement
- Journey and emergency help providers
- Journey accident insurance coverage
- Buy safety
- Prolonged warranties
Redemption choices
The Chase Sapphire Most popular actually stands out when it comes to its rewards program. Chase Final Rewards factors will be redeemed for choices like assertion credit, money again, reward playing cards and merchandise. Nonetheless, you can even redeem factors for journey by the Chase Journey portal and get 25 p.c extra worth if you do.
The Chase Final Rewards program additionally gives a sturdy switch program that allows you to transfer your factors to airline and lodge companions like Marriott Bonvoy, Southwest Fast Rewards, World of Hyatt and United MileagePlus. With high-value switch companions, every level will be price as much as 2 cents every.
Advisable credit score rating
To efficiently apply for a Chase Sapphire Most popular, you usually want at the very least a FICO credit score rating of 670 or higher.
Why must you get the Capital One Enterprise?
The Capital One Enterprise helps you to earn a flat 2X miles for every greenback you spend, which generally is a higher deal for those who don’t prefer to preserve observe of bonus class spending. Listed here are some extra causes you may choose the Enterprise over the Sapphire Most popular:
Extra advantages
The Capital One Enterprise stands out as a result of truth you rise up to a $100 credit score towards International Entry or TSA PreCheck membership as a cardholder perk. This credit score can be utilized for the first cardholder or another person. You additionally get free cardholder advantages similar to:
- An auto rental collision harm waiver
- Journey accident insurance coverage
- 24-hour journey help
- Prolonged warranties
Study extra: The Capital One Enterprise Rewards advantages information
Redemption choices
While you earn miles with this card, you possibly can redeem them to cowl journey purchases at a fee of 1 cent per level or money them in for purchases made on Amazon.com. It’s also possible to switch your miles to airline and lodge companions like Aeromexico, Aeroplan, Flying Blue / Air France, Accor and extra.
Simply keep in mind that Capital One miles don’t switch on the identical favorable ratio as Chase Final Rewards. Utilizing a high-value switch accomplice will imply that your miles are price as much as 1.7 cents every, however in different eventualities, your factors may lose worth. Some Capital One mile switch companions allow you to convert miles at a ratio of two:1.5. Others, like Accor, Emirates and Singapore Airways, allow you to switch at a fair worse ratio of two:1.
Advisable credit score rating
To get authorized for the Capital One Enterprise, you usually want at the very least a FICO credit score rating of 670 or higher.
The underside line
Each of those rewards bank cards provide beneficiant welcome bonuses with the identical annual payment of $95, they usually each allow you to redeem your factors for journey or for added choices for extra flexibility.
Nonetheless, every card has a distinct sort of rewards construction and a distinct set of switch companions which will work higher for you relying in your spending and journey habits. For those who choose to cost every part to 1 card and have a tendency to spend so much in miscellaneous classes, then the Capital One Enterprise is perhaps your greatest wager. If you wish to maximize your rewards in sure classes, need extra journey protections and like the worth that comes with incomes Chase Final Rewards, you then’d be higher off with the Chase Sapphire Most popular.
For those who can’t resolve between these Chase and Capital One bank cards, contemplate testing different journey rewards bank cards earlier than making use of. You need to use Bankrate’s card comparability software that will help you discover out which one is best for you.
