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Chase Sapphire Preferred vs Capital One Venture X

Chase Sapphire Preferred edges Capital One Venture X on year-1 math ($601 more value at 1.8¢/pt).

Chase Ultimate

Chase Sapphire Preferred

$95 annual fee

Capital One

Capital One Venture X

$395 annual fee

Quick verdict

Chase Sapphire Preferred edges Capital One Venture X on year-1 math ($601 more value at 1.8¢/pt)

Chase Sapphire Preferred: $50 recurring credits + $1,350 welcome bonus − $95 AF = $1,305 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

Chase Sapphire PreferredCapital One Venture X
Annual fee$95$395
Welcome bonus75,000 pts after $5,000 in 3mo
Welcome bonus value @ 1.8¢$1,350
Free-night cert
Recurring credits / year$50$1,099
Year-1 net @ 1.8¢$1,305$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.

Chase Sapphire Preferred

2 recurring credits

  • Hotel Credit$50 · Annual
  • Anniversary Points (10% boost on prev-year spend)$0 · Annual

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 Chase Sapphire Preferred if

the AF is meaningfully lower ($95 vs $395); the welcome bonus pays more at 1.8¢/pt ($1,350 vs $0).

Pick Capital One Venture X if

the recurring credits stack is richer ($1,099 vs $50).

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