14 Difference Between Capital One Venture And American Express Platinum

1. American express platinum is good for frequent travelers who want luxary perks and travel benefits. It comes with $550 annual fee.
Capital one venture offers big sign up bonus and high flat reward rate with flexible redemption worth annual fee($95).

2. Pros:

Capital One Venture

American Express Platinum

First year annual fee waived off

Luxary travel perks

2x miles per dollar on all purchase

Uber credit,airline fee credit, Lounge access

Sign up bonus of 50000 miles

No foreign transaction fee

No Foreign transaction fee

Complimentary Gold Status with Marriott Bonvoy and Hilton Honors

Flexible reward redemption

Earn 5x points on travel

 

60000 sign up bonus points

3. Cons:

Capital One Venture

American Express Platinum

$95 annual fee

$550 annual fee with no first-year waiver

No intro apr

Low rewards rate on most spending

Must have excellent credit to qualify

Must pay balance in full every month

Redemption value for cash is half of value for travel

High minimum payment for Pay Over Time option

4. Reward Rate:

Capital One Venture:

10 miles per dollar on hotel rooms booked and paid through hotels.com/venture
2 miles per dollar on other purchases

American Express Platinum:

5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel.
5X Membership Rewards points on prepaid hotels booked on amextravel.com.
Earn 1 point for virtually every dollar spent.

5. Annual Fee:

Capital One Venture:

$95 First year waived off

American Express Platinum:

$550

6. Regular Apr:

Capital One Venture:

17.99% – 25.24% Variable APR

American Express Platinum:

N/A

7. Credit Needed:

Capital One Venture:

700 – 850 Good to Excellent

American Express Platinum:

700- 850 Good to Excellent

8. Sign Up Bonus:

Capital One Venture:

50,000 miles if you spend $3,000 on purchases within three months of account opening (worth $500 in travel).

American Express Platinum:

Earn 60,000 Membership Rewards points after you use your new Card to make $5,000 in purchases in your first 3 months.

9. Foreign Transaction fee:

Capital One Venture:

None

American Express Platinum:

None

10. Annual Bonus:

American Express Platinum:

Priority Pass Select membership
Up to $200 airline fee credit
$100 Global Entry or $85 TSA Precheck credit every 4 years
Up to $200 Uber credit
$75-$100 hotel credit
Up to $100 Saks Fifth Avenue credit (enrollment required)

11. Other Benefits:

Capital One Venture:

Up to $100 credit for Global Entry/TSA Precheck
Travel accident insurance
Extended warranty
Car rental insurance
Roadside assistance

American Express Platinum:

Hilton Honors gold status
Platinum concierge service
Car rental insurance
Car rental perks and discounts
Luxury hotel perks and discounts
Exclusive events and services
Free roadside assistance
Travel protections
Purchase protections
$100 Sake Fifth Avenue credit
$100 Global Entry or $85 TSA Precheck credit

12. Customer Experience:

Capital One Venture:

24/7 customer service?: Yes
Online chat available?: Yes
Google Play Store mobile app rating: 4.7/5
Apple Store mobile app rating: 4.6/5

American Express Platinum:

24/7 customer service?: Yes
Online chat available?: Yes
Google Play Store mobile app rating: 4.3/5
Apple Store mobile app rating: 4.9/5

13. Get Capital One Venture:

If you want simple reward program with flexible redemption.
If you are frequent customer of Aeroplan (Air Canada), Etihad, Avianca and Singapore Airlines and want higher transfer point value.
If you like travel purchases on third party site.

14. Get American Express Platinum Card:

If you are more interested in luxary travel perks than rewards.
If you spend significant amount on flight and hotels.
If you want hilton elite status.
If you interested in lounge access and luxary travel benefits.
If you are active duty military member.

Click Here To Read Full Review Of American Express Platinum Card.

Click Here To Read Capital One Venture Card Review.

Related Differences:

14 Difference Between Capital one Venture And Chase Sapphire Preferred

15 Difference Between Capital One venture And Venture One

12 Difference Between Capital One Venture And Citi Premier

15 Difference Between Chase Sapphire Reserve And American Express Platinum

 

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