Venture X vs. Amex Platinum: Battle of the Best

Are you looking for the best premium credit cards to apply for? Chances are in your research you’ve comes across both the Capital One Venture X card and the Amex Platinum. These two credit cards both offer great perks such as generous statement credits, protection when you travel, and airport lounge access. But which is the best card for you?

In our Capital One Venture X vs Amex Platinum review, we will give you all of the information you need to decide which is the best fit for you. The better fit will depend on both your spending and travel habits and whether Amex Platinum or Capital One Venture X Benefits provide the best value for you when weighed against the annual fee.

Amex Platinum and Capital One Venture Card Review

In our reviews below we will talk you through all of the benefits and details of each card, so you can judge which option will provide you with the best value and most travel perks.

Comparison of these Premium Credit Card Benefits

Both the Amex Platinum and Capital One Venture X cards will allow you to collect rewards points with your travel and everyday spending. You will also be able to access a variety of different travel perks and benefits as a cardholder of either option.

Capital One Venture X Benefits

The Capital One Venture X card has an annual fee of $395, and will allow you to access the following benefits:

· 75,000 bonus miles after you spend $4,000 within the first 3 months of opening your account.

· 10x miles for each dollar you spend on hotel stays and rental cars booked through the Capital One Travel portal.

· 5x miles for each dollar spent on flights you book through Capital One Travel.

· 2x miles for each dollar spent on all other purchases with your card.

· Up to $300 travel credit annually for travel you book through Capital One Travel.

· $100 statement credit for your TSA Precheck or Global Entry membership every four years.

Amex Platinum Benefits

The Amex Platinum card has an annual fee of $695 and gives you access to a range of travel-related benefits.

· 125,000 points welcome bonus after you have spent $8,000 within the first 6 months of opening your account.

· 5x rewards points for each dollar you spend on flights booked with airlines directly. (Up to a value of $500,000 a year, then 1 point per dollar afterward.)

· 5x points for flights booked using American Express Travel. (Up to a value of $500,000 a year, then 1 point per dollar afterward.)

· 5x Amex points for every dollar you spend on hotel bookings using Amex Travel.

· 1x point for each dollar spent on other purchases.

· $200 credit for airline fees.

· $200 credit for prepaid hotels.

· $189 credit for your Clear membership.

· $100 credit for Global Entry Membership or $85 credit for TSA Precheck membership every four years.

· $240 credit for digital entertainment spending.

· $155 credit for Walmart+.

· $200 UberCash credit each year.

· $300 credit for your Equinox membership.

· $100 credit for Saks Fifth Avenue.

· $300 credit for SoulCycle at-home purchases.

You will need to enroll in certain memberships before you can begin to claim all of the benefits available with the card.

What Airport Lounge Access Do You Get With Each Card?

As you see from the Capital One Venture X and Amex Platinum benefits listed above, there are lots of travel perks to be accessed by owning either card. But one of the sticking points for many frequent travelers will be whether these are the best premium credit cards for airport access. Here is the lounge access you receive with each card.

Capital One Venture X Airport Lounge Access

As a holder of this card, you and two guests will access complimentary access to Capital One lounges. You will also be able to use Plaza Premium lounges and bring two guests (charges will apply if you want to bring in more than 2 people. You will also be able to access Priority Pass Select privileges (not including restaurants.) Authorized users of the card will be able to access the same benefits.

Amex Platinum Airport Lounge Access.

With your Amex Platinum card, you will gain complimentary access to Centurion lounges but will have to pay for guests unless you have hit the spending requirement of $75,000 annually to access extra lounge privileges.

You will also be able to access complimentary Priority pass membership for yourself and two guests, (not including restaurants.)

Access to various other lounges is included, for example, Delta SkyClubs when you are flying Delta. Escape, Airspace, Lufthansa, Plaza Premium and Global Lounge Collection lounges are also accessible for cardholders. Policies for guest access and qualifications for entry will depend on each company’s policy.

Redeeming your Capital One and Amex Points

How to Redeem Your Capital One Venture X Benefits and Points

Capital One cardholders have a variety of different options when it comes to redeeming the points they have built up. These include redeeming your points as statement credit which can be spent on your future travel purchases. You can also transfer your rewards points to one of 15 partner airlines and 3 hotels to book discounted flights and hotel stays.

Redeeming your Amex Platinum Benefits and Points

Amex card holders can redeem their points on travel spending, gift cards, and merchandise. You can also transfer your Amex points to one of the 17 partner airlines and 3 hotel chains to save money on your future travel and accommodation.

What Insurance Benefits Are Available with These Travel Credit Cards?

Another great perk when you are looking at the best premium credit cards for travel is insurance. Both the Amex and Capital One credit cards we are looking at will allow you to access savings on a variety of different types of insurance during your trips.

Capital Venture One X Benefits – Travel Insurance

· Coverage for Car Rentals.

· Assistance during Travel Emergencies.

· Insurance for damage or loss of your baggage.

· Insurance in the event of trip delays.

· Trip cancellation and interruption insurance.

· Insurance for Travel Accidents.

Amex Platinum Benefits – Travel Insurance

· Coverage for Car Rental bookings.

· Travel emergency assistance.

· Insurance for travel delays.

· Trip cancellation and delay insurance.

· Emergency transportation and evacuation service.

Both cards also offer protection on cell phones, extended warranties for purchases, and returns protection.

Capital One Venture X vs Amex Platinum Benefits – Which Are the Best Premium Credit Cards for You?

As you can see from our breakdown of Amex and Capital One Venture X benefits above, both of these cards offer valuable perks and travel benefits that can save you hundreds of dollars a year and make their annual fees a valuable investment.

When deciding which is the best travel credit card for you, think about which card will help you save money on your current travel spending. If you don’t and won’t make use of a service, then it should be disregarded when calculating how valuable a card is for you. The $300 SoulCycle credit from Amex Platinum membership is only worth that amount to you if you are going to make a saving by using it.)

Both of these cards offer a variety of different travel benefits for those who travel frequently either for leisure or business. Take a look at our review of the benefits of each card again and assess which one seems a better fit.