It has turn into tougher to earn welcome bonuses on a number of well-liked Capital One cards, as Capital One has applied a 48-month restriction throughout its Enterprise household of playing cards.
This consists of the Capital One VentureOne Rewards Credit Card ($0 annual payment), the Capital One Venture Rewards Credit Card ($95 annual payment) and the Capital One Venture X Rewards Credit Card ($395 annual payment).
The brand new rule basically limits cardholders from shifting “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 authorised for a Enterprise-family card that costs a better annual payment, so “upward” motion inside the lineup is allowed.
Listed below 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 Venture X cardholders who’ve utilized for the cardboard and acquired the bonus within the final 48 months are probably 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 Venture 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” and not using a welcome bonus.
Let’s break it down by card to grasp how the rule pertains to every product.
- When you’re making use of for the VentureOne: You aren’t eligible for the cardboard or the bonus should you’ve earned the VentureOne, Enterprise or Enterprise X bonus inside the final 48 months.
- When you’re making use of for the Enterprise: You aren’t eligible for the cardboard or the bonus should you’ve earned the Enterprise or Enterprise X bonus inside the final 48 months. When you’ve solely opened or acquired the VentureOne bonus, you’re eligible for the Enterprise card and bonus.
- When you’re making use of for the Enterprise X: You aren’t eligible for the cardboard or bonus should you’ve opened or earned the Enterprise X bonus inside the final 48 months. When 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 waiting period between incomes welcome bonuses on the identical private card since 2023, so this new rule basically expands the restriction to all Enterprise-branded playing cards.
Capital One’s different application restrictions require you to attend six months between approvals for brand spanking new Capital One playing cards, together with each private and enterprise playing cards.
Associated: 6 things to do when you get the Capital One Venture X
Capital One Enterprise lineup welcome bonuses
When you’re eligible for a brand new Capital One card in its Enterprise household, you could need to put in your utility to safe one among these welcome gives:
- VentureOne: Obtain $100 to make use of on Capital One Travel 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.
- Venture: Earn 75,000 miles after spending $4,000 on purchases inside the first three months of account opening.
- Venture 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 price 1.85 cents apiece, and there are various methods you may maximize your rewards to make them much more worthwhile.
Associated: The best credit card welcome bonuses this month
Backside line
It is now tougher to be authorised 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 adverse change for Venture X cardholders who’ve earned the bonus on that card within the final 48 months, since they’re unable to be authorised 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 Venture or Enterprise X (or going from the Enterprise to the Enterprise X). Nonetheless, it is necessary to think about all utility restrictions when making use of for a brand new card.
Associated: 8 reasons why your credit card application was denied
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