American Express Business Platinum vs Capital One Venture X Rewards
Head-to-head comparison of every feature, fee, and perk
At a Glance
Annual Fee
$695
vs
$395
Base Rewards
1x
vs
2x
Sign-Up Bonus
$1,500
vs
$750
Editor Score
8/10
vs
10/10
Detailed Comparison
| Category wins | 2/6 | 4/6 |
| Fees & APR | ||
| Annual Fee | $695✗ Highest | $395★ Lowest |
| Purchase APR | 19.49% – 27.49% | 19.99% – 29.99% |
| Intro APR (Purchases) | ||
| Intro APR (Balance Transfer) | ||
| Foreign Txn Fee | None★ Lowest | None |
| Balance Transfer Fee | None | None |
| Rewards | ||
| Rewards Type | Points | Miles |
| Base Rewards Rate | 1x✗ Lowest | 2x★ Highest |
| Bonus Categories | 5x Flights (Amex Travel) · 5x Hotels (Amex Travel) · 1.5x Purchases over $5,000 each | 10x Hotels & Cars (Capital One) · 5x Flights (Capital One) |
| Sign-Up Bonus | $1,500 value★ Highest | $750 value✗ Lowest |
| Eligibility | ||
| Credit Score | Excellent (750+) | Excellent (750+) |
| Network | American Express | Visa |
| At a Glance | ||
| Best For | Executives with heavy business travel and large purchases | Premium travelers seeking maximum value |
| Ratings | ||
| User Rating | 4.3 / 5✗ Lowest | 4.8 / 5★ Highest |
| Editor Score | 8 / 10✗ Lowest | 10 / 10★ Highest |
| Apply Now | Apply | Apply |
| Full Review | View details → | View details → |
| Pros & Cons | ||
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Our verdict: Capital One Venture X Rewards
The American Express Business Platinum ($695/year) and the Capital One Venture X Rewards ($395/year) compete on different axes. The American Express Business Platinum's strongest category is 5x on Flights (Amex Travel), while the Capital One Venture X Rewards leads with 10x on Hotels & Cars (Capital One). The American Express Business Platinum costs $300 more per year, so you need at least $300 in incremental rewards to justify it over the Capital One Venture X Rewards. At typical spend levels this breaks even somewhere between $9,000 and $18,000 in bonus-category purchases annually. Our scoring model gives the edge to the Capital One Venture X Rewards — it leads on 3 of the 4 key dimensions we evaluate. That said, this ranking is algorithmic; your specific spending pattern can flip the answer.
Leads on 3 of 4 key comparison dimensions
Dimension-by-dimension
| Dimension | American Express Business Platinum | Capital One Venture X Rewards |
|---|---|---|
| Annual Fee | $695/year | $395/year |
| Base Reward Rate | 1x on everything | 2x on everything |
| Top Bonus Category | 5x on Flights (Amex Travel) | 10x on Hotels & Cars (Capital One) |
| Sign-Up Bonus | 150,000 points after spending $20,000 in 3 months | 75,000 miles after spending $4,000 in 3 months |
Green checkmark indicates the card that leans stronger on that dimension. Our scoring model evaluates these quantitatively — your specific needs may shift the answer.
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Common Questions
Which is better: American Express Business Platinum or Capital One Venture X Rewards?
It depends on your spending habits. The American Express Business Platinum has a $695 annual fee and earns 1x base rewards. The Capital One Venture X Rewards has a $395 annual fee and earns 2x base rewards. Compare their bonus categories above to see which aligns better with your spending.
What is the annual fee difference between American Express Business Platinum and Capital One Venture X Rewards?
The American Express Business Platinum has a $695 annual fee while the Capital One Venture X Rewards has a $395 annual fee. The American Express Business Platinum costs $300 more per year, so it needs to deliver that much extra value in rewards and perks to justify the difference.
Can I have both the American Express Business Platinum and Capital One Venture X Rewards?
Yes, since these cards are from different issuers (American Express and Capital One), you can hold both. Many people pair cards from different banks to maximize bonus category coverage across all their spending.