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Key takeaways
- The Southwest Fast Rewards® Plus Credit score Card gives stable advantages for vacationers who take pleasure in flying with Southwest Airways.
- The Capital One Enterprise Rewards Credit score Card is an effective all-around journey card that gives versatile advantages and stable incomes potential — notably on journey purchases by way of Capital One Journey.
- To decide on the proper card for you, perceive your spending habits and the way every card can finest meet your objectives.
The very best journey bank cards may help you attain your objectives of worldwide wanderlust whereas including perks and advantages alongside the best way. An enormous a part of selecting a journey card is deciding between a co-branded card tied to a loyalty program or a basic bank card that earns rewards towards any sort of journey.
We evaluate two such playing cards — Southwest Fast Rewards® Plus Credit score Card to the Capital One Enterprise Rewards Credit score Card — to see how they stack up in terms of welcome bonuses, rewards and different perks. We additionally evaluate how they differ, and the way that impacts which is finest for you, relying in your spending and journey habits.
Fundamental particulars
| Playing cards | Southwest Fast Rewards® Plus Credit score Card | Capital One Enterprise Rewards Credit score Card |
|---|---|---|
| Welcome bonus | Earn 50,000 bonus factors after spending $1,000 on purchases within the first 3 months | Earn 75,000 miles after spending $4,000 on purchases inside 3 months of account opening |
| Rewards price |
|
|
| Variable APR | 21.49% to twenty-eight.49% | 19.99% to 29.99% |
| Annual charge | $69 | $95 |
Southwest Fast Rewards® Plus vs. Capital One Enterprise Rewards highlights
Welcome bonus winner
Rewards price winner
Overseas transaction charge winner
Which card earns probably the most?
Relating to selecting a bank card, the proper card for you is normally dependent in your objectives for incomes rewards and your private spending habits. Each the Southwest Fast Rewards Plus and Capital One Enterprise playing cards are stable journey playing cards, so let’s check out a spending instance to see how every card would possibly profit you.
Southwest Fast Rewards® Plus vs. the Capital One Enterprise Rewards spending instance
| Spending class | Quantity | Southwest Fast Rewards® Plus | Capital One Enterprise Rewards |
|---|---|---|---|
| *Assumes different journey is booked by way of Capital One Journey. | |||
| Groceries | $4,687 | 4,687 | 9,374 |
| Eating | $2,375 | 2,375 | 4,750 |
| Gasoline | $1,313 | 1,313 | 2,626 |
| Attire and companies | $1,434 | 1,434 | 2,868 |
| Streaming | $1,200 | 2,400 | 2,400 |
| Leisure | $1,200 | 1,200 | 2,400 |
| Web cable and telephone | $1,200 | 2,400 | 2,400 |
| Private care services | $646 | 646 | 1,292 |
| Southwest journey | $1,440 | 2,880 | 2,880 |
| Resorts and rental automobiles | $1,440 | 2,880 | 7,200* |
| Anniversary bonus | 3,000 | ||
| Complete | $16,935 | 25,215 | 38,190 |
On this spending instance, the Capital One Enterprise Rewards card earns about 34 % extra rewards than the Fast Rewards Plus card. The 2X on all “different” spending makes a substantial distinction in how a lot you may earn with the Enterprise Rewards card — which additionally makes it a a lot better card for on a regular basis spending.
That doesn’t imply the Fast Rewards Plus is with out its place. Though the cardboard earns lower than the Enterprise Rewards card on most on a regular basis bills, it does earn 2X factors on Southwest purchases. And the cardboard comes with worthwhile advantages if you fly with Southwest — together with two free checked baggage and 25 % again on eligible in-flight purchases. It additionally comes with an annual anniversary bonus of three,000 factors, which closes the earnings hole barely. So should you’re a frequent Southwest traveler, you might need to think about using this card when flying Southwest.
Why must you get the Southwest Fast Rewards® Plus Credit score Card?
Extra advantages
One perk of a co-branded just like the Southwest Fast Rewards Plus is the power to earn factors and advantages with airways or inns you frequent. As Southwest Airways’ entry-level card, the Fast Reward Plus gives fundamental perks and advantages:
- 25 % again on in-flight purchases
- 2 EarlyBird Verify-In upgrades annually
- Misplaced baggage reimbursement (as much as $3,000 per passenger) and baggage delay insurance coverage (as much as $100 per day for 3 days)
- Prolonged guarantee and buy safety (phrases apply)
- Annual cardmember account anniversary bonus of three,000 bonus factors
- Complimentary DoorDash DashPass (phrases apply)
- Increase of 10,000 Companion Go qualifying factors annually
Though different Southwest playing cards include the chance to earn factors towards both A-Checklist and A-Checklist Most well-liked standing, the advantages obtainable with Southwest Fast Rewards Plus are nonetheless fairly stable — particularly contemplating it’s an entry-level card.
Redemption choices
In case you are a Extra Rewards program member with a Fast Rewards bank card, it’s also possible to redeem your factors for worldwide flights supplied by different airways, in addition to reward playing cards, lodge stays, merchandise and different experiences (although redemption values range). Southwest’s lodge and resort companions embrace large names like:
- Finest Western Resorts and Resorts
- Selection Resorts
- Marriott Bonvoy
- MGM Rewards
- World of Hyatt
You’ll be able to earn and redeem Fast Rewards factors if you e-book with eligible Southwest companions. Plus, you may earn as much as 100,000 Fast Rewards factors annually by referring pals by way of Chase’s refer-a-friend program.
If you’d like extra particulars on incomes and redeeming factors along with your Fast Rewards Plus card, try Bankrate’s Southwest Fast Rewards information.
Really useful credit score rating
You’ll want or glorious credit score rating of 670 to 850 to qualify for this card.
Why must you get the Capital One Enterprise Rewards Credit score Card?
Extra advantages
The Capital One Enterprise card gives cardholders entry to the Capital One Journey portal. This portal consists of neat options like value prediction, value watch, value drop safety, value match assure and “cancel for any cause” to cardholders who e-book lodging by way of the location.
Along with the journey portal, different noteworthy Enterprise Rewards card advantages embrace:
- As much as a $100 credit score for World Entry or TSA PreCheck
- Misplaced baggage reimbursement
- 2 complimentary visits to Capital One airport lounges
- 24-hour journey help companies, which may help you get money in case your card is misplaced or stolen
- Automotive rental insurance coverage, prolonged guarantee protection, fraud protection and journey accident insurance coverage
- Digital bank card numbers
- Capital One Eno assistant
- Entry to unique occasions, eating places and extra
- A $50 expertise credit score and different advantages with Life-style Assortment lodge stays
Redemption choices
The principle redemption choices embrace reserving journey by way of the Capital One rewards portal, receiving a press release credit score for current eligible journey purchases (throughout the final 90 days) or transferring miles to accomplice airline and lodge applications. Should you don’t need to redeem your miles for journey, it’s also possible to money them out within the type of a press release credit score, examine, reward playing cards, Amazon.com or PayPal purchases and extra.
Really useful credit score rating
Just like the Southwest Fast Rewards Plus card, you’ll want or glorious credit score rating of 670 to 850 to qualify for this card.
The underside line
Each the Fast Rewards Plus and Enterprise Rewards are formidable opponents within the entry-level journey bank card area. Should you’re a die-hard Southwest fan, the Fast Rewards Plus card might present worth — particularly should you can rating the Companion Go when it often seems as a part of the cardboard’s welcome bonus. However, the Enterprise Rewards gives the next price for basic spending with the choice to get far more worth (and earnings) for journey bookings. General, the cardboard you select will depend upon the way you spend and the way you favor to journey.
