Is the The Platinum Card® from American Express or Capital One Venture X Rewards Credit Card better?

It depends on your spending. The Platinum Card has a net annual cost of $-2169.4 after credits, while the Venture X costs $95 net. Compare their earning rates and benefits to see which matches your spending habits.

What is the annual fee difference between the Platinum Card and Venture X?

The Platinum Card has a $895 annual fee and the Venture X has a $395 annual fee. However, both cards offer statement credits that reduce the effective cost.

Can I have both the Platinum Card and Venture X?

Yes. Since the Platinum Card is issued by American Express and the Venture X is issued by Capital One, you can hold both. Many cardholders pair cards from different issuers to maximize rewards across spending categories.

Side-by-side comparison

Platinum Card vs Venture X

American Express

Platinum Card

$895/yr

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Capital One

Venture X

$395/yr

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Basics

Annual fee

$895/yr

$395/yr

Rewards type

Amex Membership Rewards

Capital One Miles

Annual credits

$3064.4/yr

$300/yr

Net cost (fee − credits)

$-2169.4/yr

$95/yr

Earning rates

All other spending

1x pts

2x mi

Flights

5x pts

5x mi

Hotels

5x pts

10x mi

Car Rentals

—

10x mi

Travel

—

5x mi

Entertainment

—

5x mi

Credits & Benefits

Up to $200 Airline Fee Credit

$200/yr

—

Up to $200 Uber Cash

$180/yr

—

Up to $120 Uber One Credit

$120/yr

—

Up to $155 Walmart+ Credit

$155.4/yr

—

Up to $100 Saks Credit

$50/yr

—

Up to $300 Equinox Credit

$300/yr

—

Up to $300 Digital Entertainment Credit

$300/yr

—

Up to $600 Hotel Credit

$300/yr

—

Up to $209 CLEAR Plus Credit

$209/yr

—

Up to $400 Resy Credit

$400/yr

—

Up to $300 Lululemon Credit

$300/yr

—

Up to $200 Oura Ring Credit

$200/yr

—

Up to $300 Travel Credit

—

$300/yr

Perks & Features

Centurion Lounge Access

✓

—

Priority Pass Select Membership

✓

—

Global Entry / TSA PreCheck Credit

✓

10,000 Anniversary Bonus Miles

—

✓

Capital One Lounge & Priority Pass Access

—

✓

Which card should you pick?

After accounting for credits and benefits, the Platinum Card has a lower net annual cost ($-2169.4/yr vs $95/yr for the Venture X), making it the more cost-effective choice if you use the credits.

The Platinum Card stands out with 5x pts on flights, while the Venture X leads with 10x mi on hotels. Pick the card that matches where you spend the most each month.

Both cards offer a comparable set of perks and features.

Full Platinum Card review →Full Venture X review →

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Which card should you pick?

After accounting for credits and benefits, the Platinum Card has a lower net annual cost ($-2169.4/yr vs $95/yr for the Venture X), making it the more cost-effective choice if you use the credits.

The Platinum Card stands out with 5x pts on flights, while the Venture X leads with 10x mi on hotels. Pick the card that matches where you spend the most each month.

Both cards offer a comparable set of perks and features.