It has turn into tougher to earn welcome bonuses on a number of well-liked Capital One playing cards, as Capital One has carried out a 48-month restriction throughout its Enterprise household of playing cards.
This contains the Capital One VentureOne Rewards Credit score Card ($0 annual payment), the Capital One Enterprise Rewards Credit score Card ($95 annual payment) and the Capital One Enterprise X Rewards Credit score Card ($395 annual payment).
The brand new rule primarily limits cardholders from transferring “down” inside the Enterprise suite (by way of annual charges) in the event that they’ve opened a brand new Enterprise-family card and earned a bonus within the final 48 months.
Capital One nonetheless permits these with the lower-annual-fee merchandise to be authorized for a Enterprise-family card that prices a better annual payment, so “upward” motion inside the lineup is allowed.
Listed here are the total particulars.
Capital One’s new Enterprise household rule
As a result of this new Enterprise household rule restricts “downward” motion by way of annual charges, present Enterprise X cardholders who’ve utilized for the cardboard and acquired the bonus within the final 48 months are essentially the most affected.
That is as a result of Enterprise X cardholders who’ve opened the $395-annual-fee product or acquired the bonus within the final 48 months is not going to be allowed to open a VentureOne or Enterprise card. A Capital One consultant confirmed to TPG that those that are denied the VentureOne or the Enterprise could also be eligible for a “terms-modified model of VentureOne” with no welcome bonus.
Let’s break it down by card to grasp how the rule pertains to every product.
In case you’re making use of for the VentureOne: You aren’t eligible for the cardboard or the bonus if you happen to’ve earned the VentureOne, Enterprise or Enterprise X bonus inside the final 48 months.In case you’re making use of for the Enterprise: You aren’t eligible for the cardboard or the bonus if you happen to’ve earned the Enterprise or Enterprise X bonus inside the final 48 months. In case you’ve solely opened or acquired the VentureOne bonus, you’re eligible for the Enterprise card and bonus.In case you’re making use of for the Enterprise X: You aren’t eligible for the cardboard or bonus if you happen to’ve opened or earned the Enterprise X bonus inside the final 48 months. In case you’ve solely opened or acquired the Enterprise or VentureOne bonus, you’re eligible for the Enterprise X card and its bonus.
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Capital One has restricted cardholders to a 48-month ready interval between incomes welcome bonuses on the identical private card since 2023, so this new rule primarily expands the restriction to all Enterprise-branded playing cards.
Capital One’s different software restrictions require you to attend six months between approvals for brand new Capital One playing cards, together with each private and enterprise playing cards.
Associated: 6 issues to do if you get the Capital One Enterprise X
Capital One Enterprise lineup welcome bonuses
In case you’re eligible for a brand new Capital One card in its Enterprise household, chances are you’ll wish to put in your software to safe one in all these welcome presents:
VentureOne: Obtain $100 to make use of on Capital One Journey in your first cardholder 12 months (no spending required), plus earn 20,000 miles after spending $500 on purchases within the first three months of account opening.Enterprise: Earn 75,000 miles after spending $4,000 on purchases inside the first three months of account opening.Enterprise X: Earn 75,000 miles after spending $4,000 on purchases inside the first three months of account opening.
TPG’s October 2025 valuations deem Capital One miles as value 1.85 cents apiece, and there are various methods you possibly can maximize your rewards to make them much more helpful.
Associated: One of the best bank card welcome bonuses this month
Backside line
It is now tougher to be authorized for and obtain a bonus on playing cards inside Capital One’s Enterprise household if you have already got a Enterprise product and acquired it within the final 48 months.
That is an particularly destructive change for Enterprise X cardholders who’ve earned the bonus on that card within the final 48 months, since they’re unable to be authorized for or obtain the bonus for some other private Enterprise card till that 48-month window expires.
You’ll be able to nonetheless “transfer up” the Enterprise-family ladder, beginning with the VentureOne earlier than going to the Enterprise or Enterprise X (or going from the Enterprise to the Enterprise X). Nonetheless, it is essential to contemplate all software restrictions when making use of for a brand new card.
Associated: 8 the explanation why your bank card software was denied
