In the event you’re prepared so as to add a premium journey rewards card to your pockets, chances are you’ll end up debating between the Capital One Enterprise X Rewards Credit score Card (see charges and costs) and The Platinum Card® from American Categorical — and with good cause.
Each playing cards provide premium perks like airport lounge entry, beneficial assertion credit and journey protections. However nobody card is true for everybody, and that is very true within the premium card house. Whereas each the Enterprise X and Amex Platinum are improbable playing cards, they’ve some main variations that nearly assure one is a greater match for you than the opposite.
That can assist you resolve which is the precise card for you, here is a breakdown of what the Enterprise X and the Amex Platinum carry to the desk.
Capital One Enterprise X vs. Amex Platinum comparability
| Function | Capital One Enterprise X | Amex Platinum |
|---|---|---|
| Annual price | $395 | $695 (see charges and costs) |
| Welcome provide | Earn 75,000 miles after spending $4,000 inside the first three months of card membership. | Earn 80,000 factors after spending $6,000 inside the first six months of card membership. |
| Incomes charges | 10 miles per greenback spent on accommodations and rental automobiles booked by Capital One Journey
5 miles per greenback spent on flights booked by Capital One Journey 2 miles per greenback spent on all different purchases |
5 factors per greenback spent on flights booked straight with airways or by American Categorical Journey (on as much as $500,000 per 12 months, then 1 level per greenback)
5 factors per greenback spent on accommodations booked by AmexTravel.com 1 level per greenback spent on all different purchases |
| Redemption choices | A number of direct redemption choices, together with redeeming as a press release credit score for journey purchases
Switch miles to any of 15 airline and three lodge companions |
A number of direct redemption choices, together with reward playing cards, merchandise and journey
Switch factors to any of 17 airline and three lodge companions |
| Assertion credit | As much as $300 annual journey credit score for journey booked by Capital One Journey
As much as $100 World Entry or TSA PreCheck credit score each 4 years |
As much as $200 pay as you go lodge credit score
As much as $240 digital leisure credit score As much as $155 Walmart+ credit score As much as $200 Uber Money yearly As much as $200 airline price credit score As much as $300 Equinox credit score As much as $100 Saks Fifth Avenue credit score As much as $189 Clear membership credit score As much as $300 SoulCycle at-home credit score As much as $100 World Entry credit score each 4 years or as much as $85 TSA PreCheck credit score each 4 1/2 years Enrollment is required for choose advantages. |
| Lounge entry | Capital One lounges (complimentary for cardholder and two friends)
Precedence Go Choose membership (complimentary for cardholder and limitless friends, doesn’t embrace eating places) Plaza Premium lounges (complimentary for cardholder and two friends, price for extra friends varies) Identical lounge privileges for approved customers |
Centurion Lounges (complimentary for cardholder, $30 per visitor age 2 to 17, $50 per visitor over 18 except cardholder has certified for visitor privileges by spending $75,000 or extra on the cardboard in a calendar 12 months)
Precedence Go Choose membership (complimentary for cardholder and two friends, doesn’t embrace eating places) Delta Sky Golf equipment when flying Delta (complimentary for cardholder, friends price $39 every) Airspace lounges (complimentary for cardholder and two friends or speedy household) Escape lounges (complimentary for cardholder and two friends or speedy household) Plaza Premium lounges (complimentary for cardholder and one visitor) Choose Lufthansa lounges (complimentary for cardholder) Different World Lounge Assortment associate lounges (complimentary for cardholder, visitor insurance policies fluctuate) Enrollment is required for choose advantages. |
| Journey protections | Automotive rental protection
Journey emergency help Baggage loss or harm Journey delay Journey cancellation and interruption Journey accident insurance coverage |
Automotive rental protection*
Journey emergency help** Baggage loss or harm*** Journey delay**** Journey cancellation and interruption**** Emergency evacuation and transportation |
| Buy protections | Buy safety
Prolonged guarantee Return safety Cellphone safety |
Buy safety***
Prolonged guarantee*** Return safety*** Cellphone safety**** |
*Eligibility and profit stage varies by card. Not all automobile sorts or leases are coated, and geographic restrictions apply. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm. Protection is obtainable by American Categorical Journey Associated Companies Firm, Inc.
**Eligibility and profit stage varies by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. If authorized and coordinated by Premium World Help Hotline, emergency medical transportation help could also be supplied for free of charge. In another circumstance, cardmembers are answerable for the prices charged by third-party service suppliers.
***Eligibility and profit stage varies by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by AMEX Assurance Firm.
****Eligibility and profit stage varies by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
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Capital One Enterprise X vs. Amex Platinum welcome bonus
The Capital One Enterprise X has a present welcome bonus of 75,000 miles after you spend $4,000 inside the first three months from account opening. TPG values this bonus at $1,388.
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In the meantime, the Amex Platinum is presently providing 80,000 Membership Rewards factors after you spend $6,000 throughout your first six months of card membership. TPG values this bonus at $1,600. Additionally needless to say you could possibly be focused for a better bonus by the CardMatch instrument (CardMatch affords will not be assured and are topic to alter at any time).
Winner: Amex Platinum. Its welcome provide is value over $200 greater than the Enterprise X’s present provide.
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Capital One Enterprise X vs. Amex Platinum advantages
A standout advantage of each playing cards is the lounge entry they provide. With the Enterprise X, you may get entry to Capital One, Precedence Go and Plaza Premium lounges. You may get extra in depth lounge entry with the Amex Platinum, although. It provides you entry to Centurion, Delta Sky Membership (when flying Delta), Escape, Airspace, Lufthansa and different World Lounge Assortment associate lounges along with Precedence Go and Plaza Premium lounges.
With the Enterprise X, you may additionally get a $300 credit score for journey booked by Capital One Journey, in addition to a World Entry/TSA PreCheck credit score and a beneficiant visitor allowance together with your airport lounge entry. In the event you’re in a position to maximize these advantages, you may simply offset the cardboard’s $395 annual price, which is relatively low for a premium journey bank card.
The Enterprise X additionally comes with some journey and buy protections, which is able to grant you peace of thoughts even if you happen to aren’t in a position to make the most of its financial worth.
Plus, you possibly can add as much as 4 approved customers to your account for no extra cost, which is very beneficial given that every approved person has the identical airport lounge entry as the first cardholder.
The Amex Platinum’s advantages, then again, are much more in depth. They embrace over $1,500 in obtainable assertion credit and complete airport lounge entry, in addition to vital journey and buy protections, together with cellphone safety of as much as $800 per declare with a $50 deductible (most of two claims per 12-month interval).
The Platinum’s record of advantages is arguably the perfect of any publicly obtainable card, however it does include a $695 annual price, which is considerably larger than the Enterprise X. If you wish to add approved customers to your account, it is going to price you much more. You possibly can add as much as three approved customers to your account at a price of $175 yearly for each.
Winner: Amex Platinum. Its lounge entry and over $1,500 in obtainable assertion credit are exhausting to beat.
Associated: Are premium bank cards definitely worth the annual price?
Incomes rewards with the Enterprise X vs. Amex Platinum
The Enterprise X earns 10 miles per greenback spent on accommodations and rental automobiles booked by Capital One Journey, 5 miles per greenback spent on flights booked by Capital One Journey and a pair of miles per greenback spent on all different purchases.
In the meantime, the Amex Platinum earns 5 factors per greenback spent on flights booked straight with the airline or by American Categorical Journey (on as much as $500,000 in purchases per calendar 12 months) and on pay as you go accommodations booked by AmexTravel.com. It earns 1 level per greenback spent on all different purchases.
Whereas the Enterprise X might provide extra incomes alternatives, needless to say TPG values Amex Membership Rewards at 2 cents every whereas Capital One miles are valued at a decrease 1.85 cents every.
Winner: Enterprise X. Most individuals will earn extra rewards with 2 miles per greenback spent on all purchases than with the Amex Platinum’s incomes construction.
Redeeming rewards with the Enterprise X vs. Amex Platinum
With the Enterprise X, you may get most worth out of your miles by transferring them to any of Capital One’s 18 journey companions, together with British Airways Government Membership and Alternative Privileges. Or, extra merely, you should utilize your miles to e-book journey by Capital One Journey or redeem them as a press release credit score for latest journey at a flat fee of 1 cent per mile.
You even have the choice to redeem your Capital One miles for reward playing cards at a fee of 1 cent per mile or use them to pay with Amazon or PayPal at a fee of 0.8 cents per mile. Your least beneficial possibility is to redeem your miles for money again at a fee of 0.5 cents per mile, so we advocate avoiding this feature if you happen to can.
Equally, with the Amex Platinum, you may get most worth out of your Amex Membership Rewards factors by transferring them to any of Amex’s 20 journey companions. You can too redeem your factors for journey by AmexTravel.com, often at a fee of 1 cent per level.
Decrease-value redemption choices embrace redeeming your factors as a press release credit score for eligible prices, utilizing Pay with Factors at numerous on-line retailers and redeeming your factors for reward playing cards. You may virtually at all times get a price of lower than 1 cent per level with these choices, so once more, we advocate choosing journey redemptions to get essentially the most worth out of your factors.
Winner: Amex Platinum. Membership Rewards factors have extra high-value choices and are value greater than Capital One miles, in accordance with TPG valuations.
Transferring rewards with the Enterprise X vs. Amex Platinum
Each Capital One and American Categorical assist you to switch your rewards to beneficial journey companions simply. In each cases, you possibly can switch your rewards to most journey companions at a 1:1 ratio. Typically, your factors will switch immediately. Each packages additionally usually provide switch bonuses that assist you to get much more worth out of your rewards.
The 2 packages have a number of overlapping switch companions, together with a few of our favorites like Air France-KLM Flying Blue, Avianca LifeMiles, British Airways Government Membership and Singapore Airways KrisFlyer. Nonetheless, you possibly can switch American Categorical Membership Rewards factors to a bigger variety of beneficial airline and lodge companions than Capital One, together with ANA Mileage Membership, Iberia Plus and Virgin Atlantic Flying Membership. Plus, traditionally, American Categorical has provided extra switch bonuses than Capital One.
Nonetheless, Capital One has its personal beneficial companions that set it aside, together with Turkish Airways Miles&Smiles and Virgin Pink.
When transferring both sort of reward, you should definitely word the switch occasions of every program to keep away from dropping your coveted award deal ready on your switch to finish.
Winner: Amex Platinum. You possibly can switch Membership Rewards to a better variety of beneficial journey companions.
Ought to I get the Enterprise X or the Amex Platinum?
The Amex Platinum is a better option for frequent flyers due to its in depth lounge entry and bonus incomes on airline purchases, but when your travels preserve you on the bottom, you may probably desire the decrease annual price and broader incomes potential on the Enterprise X.
Past your journey objectives, your spending habits shall be a significant component wherein card matches you higher.
As an example, if you happen to already subscribe to memberships like Walmart+ and Audible and might maximize most or the entire obtainable assertion credit, the Amex Platinum is a good selection for you.
In the event you journey usually however need to earn extra in your on a regular basis purchases, the Enterprise X might be a greater match. With it, you may get substantial advantages like lounge entry and a journey assertion credit score however with a a lot decrease annual price and broader incomes alternatives.
One other factor to think about when selecting between these playing cards is how they will match with the opposite playing cards you have already got in your pockets.
In case you have the American Categorical® Gold Card, as an example, and earn 4 Membership Rewards factors per greenback spent on eating and at U.S. supermarkets (on as much as $25,000 in purchases per 12 months), including the Amex Platinum is a good complement if you need journey advantages and to earn bonus factors in your flights.
Nonetheless, if you do not have a card that earns bonus factors on on a regular basis purchases, the Enterprise X is a good way to fill that void in your card portfolio.
Backside line
Each the Enterprise X and the Amex Platinum are nice playing cards.
In the event you’re on the lookout for in depth airport lounge entry in addition to a number of assertion credit and do not thoughts paying a better annual price, the Amex Platinum is the higher card for you. In case your important priorities are incomes a flat fee on all of your purchases and getting premium perks for a decrease annual price, the Enterprise X is your winner.
That stated, each playing cards are stable choices. Irrespective of the place you land, you may be touring like a professional very quickly with both card.
For extra particulars on every card, please see our full evaluate of the Amex Platinum and our full evaluate of the Enterprise X.
Official utility hyperlink: The Platinum Card® from American Categorical
Official utility hyperlink: Capital One Enterprise X Rewards Credit score Card
For charges and costs of the Amex Platinum card, please click on right here.
For Capital One merchandise listed on this web page, a few of the above advantages are supplied by Visa® or Mastercard® and should fluctuate by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
