Comparing Capital One Venture X and Amex Platinum: Which premium card is the right choice for you?

Are you in the market for a premium travel rewards card but can’t decide between the Capital One Venture X Rewards Credit Card and The Platinum Card® from American Express? Both cards offer a plethora of premium perks, making the decision a tough one.

The Capital One Venture X comes with an annual fee of $395 and a welcome offer of 75,000 miles after spending $4,000 within the first three months. It offers 10 miles per dollar spent on hotels and rental cars booked through Capital One Travel, 5 miles per dollar spent on flights booked through Capital One Travel, and 2 miles per dollar spent on all other purchases. The card also provides a $300 annual credit for travel booked through Capital One Travel and various travel protections.

On the other hand, The Platinum Card® from American Express has a higher annual fee of $695 but offers an 80,000 points welcome offer after spending $8,000 within the first six months. It earns 5 points per dollar spent on flights booked directly with airlines or through American Express Travel, 5 points per dollar spent on hotels booked through AmexTravel.com, and 1 point per dollar spent on all other purchases. The card also comes with extensive lounge access, statement credits, and travel protections.

Ultimately, the decision between the two cards depends on your travel habits and spending preferences. If you prioritize extensive lounge access and statement credits, The Platinum Card® from American Express might be the better choice. However, if you prefer a lower annual fee and broader earning potential, the Capital One Venture X Rewards Credit Card could be the winner for you. Both cards offer great benefits, so you can’t go wrong with either choice.