Capital One Enterprise X vs. Amex Platinum: Which premium card is healthier for you?
For those who’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 Specific — and with good cause.
Each playing cards supply premium perks like airport lounge entry, priceless assertion credit and journey protections. However nobody card is correct for everybody, and that is very true within the premium card house. Whereas each the Enterprise X and Amex Platinum are incredible playing cards, they’ve some main variations that just about assure one is a greater match for you than the opposite.
That can assist you resolve which is the best card for you, here is a breakdown of what the Enterprise X and the Amex Platinum deliver to the desk.
Capital One Enterprise X vs. Amex Platinum comparability
| Function | Capital One Enterprise X | Amex Platinum |
|---|---|---|
| Annual payment | $395 | $695 (see charges and costs) |
| Welcome supply | Earn 75,000 miles after spending $4,000 throughout the first three months of card membership. | Earn 80,000 factors after spending $6,000 throughout the first six months of card membership. |
| Incomes charges | 10 miles per greenback spent on resorts and rental vehicles booked by way of Capital One Journey
5 miles per greenback spent on flights booked by way of 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 way of American Specific Journey (on as much as $500,000 per 12 months, then 1 level per greenback)
5 factors per greenback spent on resorts booked by way of AmexTravel.com 1 level per greenback spent on all different purchases |
| Redemption choices | A number of direct redemption choices, together with redeeming as an announcement credit score for journey purchases
Switch miles to any of 15 airline and three resort companions |
A number of direct redemption choices, together with present playing cards, merchandise and journey
Switch factors to any of 17 airline and three resort companions |
| Assertion credit | As much as $300 annual journey credit score for journey booked by way of 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 resort 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 payment 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 visitors)
Precedence Cross Choose membership (complimentary for cardholder and limitless visitors, doesn’t embrace eating places) Plaza Premium lounges (complimentary for cardholder and two visitors, price for extra visitors varies) Identical lounge privileges for licensed customers |
Centurion Lounges (complimentary for cardholder, $30 per visitor age 2 to 17, $50 per visitor over 18 until cardholder has certified for visitor privileges by spending $75,000 or extra on the cardboard in a calendar 12 months)
Precedence Cross Choose membership (complimentary for cardholder and two visitors, doesn’t embrace eating places) Delta Sky Golf equipment when flying Delta (complimentary for cardholder, visitors price $39 every) Airspace lounges (complimentary for cardholder and two visitors or rapid household) Escape lounges (complimentary for cardholder and two visitors or rapid household) Plaza Premium lounges (complimentary for cardholder and one visitor) Choose Lufthansa lounges (complimentary for cardholder) Different World Lounge Assortment companion lounges (complimentary for cardholder, visitor insurance policies differ) Enrollment is required for choose advantages. |
| Journey protections | Automotive rental protection
Journey emergency help Baggage loss or injury Journey delay Journey cancellation and interruption Journey accident insurance coverage |
Automotive rental protection*
Journey emergency help** Baggage loss or injury*** 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 car 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 way of American Specific Journey Associated Providers Firm, Inc.
**Eligibility and profit stage varies by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars. If accepted and coordinated by Premium World Help Hotline, emergency medical transportation help could also be offered without charge. In every other circumstance, cardmembers are accountable 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.
Associated: The perfect premium bank cards: A side-by-side comparability
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 throughout 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 at the moment 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 would be focused for a better bonus by way of the CardMatch software (CardMatch gives will not be assured and are topic to vary at any time).
Winner: Amex Platinum. Its welcome supply is value over $200 greater than the Enterprise X’s present supply.
Associated: The perfect time to use for these 10 in style journey bank cards — primarily based on supply historical past
Capital One Enterprise X vs. Amex Platinum advantages
A standout good thing about each playing cards is the lounge entry they provide. With the Enterprise X, you may get entry to Capital One, Precedence Cross and Plaza Premium lounges. You may get extra intensive lounge entry with the Amex Platinum, although. It offers you entry to Centurion, Delta Sky Membership (when flying Delta), Escape, Airspace, Lufthansa and different World Lounge Assortment companion lounges along with Precedence Cross and Plaza Premium lounges.
With the Enterprise X, you may additionally get a $300 credit score for journey booked by way of Capital One Journey, in addition to a World Entry/TSA PreCheck credit score and a beneficiant visitor allowance together with your airport lounge entry. For those who’re in a position to maximize these advantages, you may simply offset the cardboard’s $395 annual payment, 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 in case you aren’t in a position to reap the benefits of its financial worth.
Plus, you may add as much as 4 licensed customers to your account for no further cost, which is very priceless given that every licensed consumer has the identical airport lounge entry as the first cardholder.
The Amex Platinum’s advantages, however, are much more intensive. They embrace over $1,500 in out there 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 checklist of advantages is arguably the very best of any publicly out there card, but it surely does include a $695 annual payment, which is considerably larger than the Enterprise X. If you wish to add licensed customers to your account, it’s going to price you much more. You’ll be able to add as much as three licensed customers to your account at a value of $175 yearly for every one.
Winner: Amex Platinum. Its lounge entry and over $1,500 in out there assertion credit are arduous to beat.
Associated: Are premium bank cards definitely worth the annual payment?
Incomes rewards with the Enterprise X vs. Amex Platinum
The Enterprise X earns 10 miles per greenback spent on resorts and rental vehicles booked by way of Capital One Journey, 5 miles per greenback spent on flights booked by way of Capital One Journey and a couple 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 way of American Specific Journey (on as much as $500,000 in purchases per calendar 12 months) and on pay as you go resorts booked by way of AmexTravel.com. It earns 1 level per greenback spent on all different purchases.
Whereas the Enterprise X could supply 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 use your miles to ebook journey by way of Capital One Journey or redeem them as an announcement credit score for current journey at a flat charge of 1 cent per mile.
You even have the choice to redeem your Capital One miles for present playing cards at a charge of 1 cent per mile or use them to pay with Amazon or PayPal at a charge of 0.8 cents per mile. Your least priceless choice is to redeem your miles for money again at a charge of 0.5 cents per mile, so we advocate avoiding this feature in case you 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 may also redeem your factors for journey by way of AmexTravel.com, normally at a charge of 1 cent per level.
Decrease-value redemption choices embrace redeeming your factors as an announcement credit score for eligible expenses, utilizing Pay with Factors at numerous on-line retailers and redeeming your factors for present playing cards. You may virtually at all times get a worth 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 Specific permit you to switch your rewards to priceless journey companions simply. In each situations, you may switch your rewards to most journey companions at a 1:1 ratio. Typically, your factors will switch immediately. Each applications additionally commonly supply switch bonuses that permit you to get much more worth out of your rewards.
The 2 applications 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. Nevertheless, you may switch American Specific Membership Rewards factors to a bigger variety of priceless airline and resort companions than Capital One, together with ANA Mileage Membership, Iberia Plus and Virgin Atlantic Flying Membership. Plus, traditionally, American Specific has provided extra switch bonuses than Capital One.
Nonetheless, Capital One has its personal priceless companions that set it aside, together with Turkish Airways Miles&Smiles and Virgin Pink.
When transferring both kind of reward, make sure to be aware 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’ll be able to switch Membership Rewards to a better variety of priceless journey companions.
Ought to I get the Enterprise X or the Amex Platinum?
The Amex Platinum is a better option for frequent flyers because of its intensive lounge entry and bonus incomes on airline purchases, but when your travels hold you on the bottom, you may possible want the decrease annual payment and broader incomes potential on the Enterprise X.
Past your journey objectives, your spending habits might be a significant factor through which card suits you higher.
As an example, in case you already subscribe to memberships like Walmart+ and Audible and might maximize most or the entire out there assertion credit, the Amex Platinum is a good selection for you.
For those who journey commonly however wish 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 payment and broader incomes alternatives.
One other factor to contemplate 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 Specific® Gold Card, as an illustration, 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 in order for you journey advantages and to earn bonus factors in your flights.
Nevertheless, if you do not have a card that earns bonus factors on on a regular basis purchases, the Enterprise X is an effective way to fill that void in your card portfolio.
Backside line
Each the Enterprise X and the Amex Platinum are nice playing cards.
For those who’re in search of intensive airport lounge entry in addition to a number of assertion credit and do not thoughts paying a better annual payment, the Amex Platinum is the higher card for you. In case your primary priorities are incomes a flat charge on all of your purchases and getting premium perks for a decrease annual payment, the Enterprise X is your winner.
That mentioned, each playing cards are strong 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 overview of the Amex Platinum and our full overview of the Enterprise X.
Official software hyperlink: The Platinum Card® from American Specific
Official software 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 number of the above advantages are offered by Visa® or Mastercard® and should differ by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
