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Amex Platinum vs Capital One Venture X

Amex Platinum edges Capital One Venture X on year-1 math ($5,315 more value at 1.8¢/pt).

American Express

Amex Platinum

$895 annual fee

Capital One

Capital One Venture X

$395 annual fee

Quick verdict

Amex Platinum edges Capital One Venture X on year-1 math ($5,315 more value at 1.8¢/pt)

Amex Platinum: $3,764 recurring credits + $3,150 welcome bonus − $895 AF = $6,019 net. Capital One Venture X: $1,099 recurring credits + $0 welcome bonus − $395 AF = $704 net. These are year-1 numbers (welcome bonus included) at a 1.8¢/pt rewards valuation. The /tools/annual-fee-breakeven calculator runs the year-2-onward math without the bonus.

Side-by-side specs

Amex PlatinumCapital One Venture X
Annual fee$895$395
Welcome bonus175,000 pts after $12,000 in 6mo
Welcome bonus value @ 1.8¢$3,150
Free-night cert
Recurring credits / year$3,764$1,099
Year-1 net @ 1.8¢$6,019$704

Year-1 net assumes the welcome bonus values at 1.8¢/pt. For year-2-onward math, use the Annual Fee Break-even Calculator.

Amex Platinum

14 recurring credits

  • Digital Entertainment$25 · Monthly
  • Uber Cash$15 · Monthly
  • Walmart+ Membership$13 · Monthly
  • Resy Credit$100 · Quarterly
  • Lululemon Credit$75 · Quarterly
  • Hotel Credit (FHR/Hotel Collection)$300 · Semi-annual
  • Priority Pass Select$469 · Annual
  • Equinox Credit$300 · Annual
  • Centurion Lounge access$300 · Annual
  • CLEAR Plus$209 · Annual
  • Oura Ring Credit$200 · Annual
  • Airline Fee Credit$200 · Annual
  • Uber One Membership$120 · Annual
  • Global Entry / TSA PreCheck$120 · Every 4 years

Capital One Venture X

4 recurring credits

  • Priority Pass Select$469 · Annual
  • Travel Credit$300 · Annual
  • Capital One Lounge access$300 · Annual
  • Global Entry / TSA PreCheck$120 · Every 4 years

Pick Amex Platinum if

the recurring credits stack is richer ($3,764 vs $1,099); the welcome bonus pays more at 1.8¢/pt ($3,150 vs $0).

Pick Capital One Venture X if

the AF is meaningfully lower ($395 vs $895).

Impact-Site-Verification: eb144986-994e-4f9d-9ee6-d74c9854f732