Whereas there is no scarcity of business cards available on the market, there are restricted choices for premium playing cards that present worth yr after yr. However now, Chase has lastly entered the premium enterprise card market with the introduction of the Chase Sapphire Reserve for Business℠ (see rates and fees).
The favored Capital One Venture X Business and The Business Platinum Card® from American Express have been pillars of the premium enterprise card marketplace for years now. However now that the Sapphire Reserve for Enterprise has arrived, let’s check out how all three of those playing cards stack up in opposition to one another.
All these playing cards have annual charges increased than $395, however they’ve perks and advantages that may simply assist offset the annual charges.
Let’s bounce into which card is correct for your online business.
Comparability of the Enterprise X Enterprise vs. Amex Enterprise Platinum vs. Sapphire Reserve for Enterprise
| Venture X Business | Amex Business Platinum | Sapphire Reserve for Business | |
|---|---|---|---|
| Annual payment | $395 | $695 (see rates and fees) | $795 |
| Welcome provide | Earn 150,000 bonus miles after spending $30,000 on purchases within the first three months from account opening. | Earn 150,000 bonus factors after spending $20,000 on purchases inside the first three months of card membership. | Earn 200,000 bonus factors after spending $30,000 on purchases within the first six months from account opening. |
| Incomes charges |
|
|
|
| Advantages |
|
Enrollment is required for choose advantages, and phrases apply. |
|
| Lounge entry |
Word: Beginning Feb. 1, 2026, visitor entry for Capital One lounges will value $45 per grownup visitor and $25 for youngsters 17 and below. It should stay free for youngsters below 2. Nonetheless, you may unlock limitless visitor entry for Capital One lounges by spending $75,000 or extra in your card in a calendar yr. |
|
|
| Assertion credit |
|
Enrollment is required for choose advantages, and phrases apply. |
|
| Journey and buy protections |
|
|
|
*Eligibility and profit stage varies by card. Not all car varieties 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 means of American Categorical 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 permitted and coordinated by Premium World Help Hotline, emergency medical transportation help could also be supplied for gratis. 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.
^Eligibility and profit ranges differ by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars.
Day by day E-newsletter
Reward your inbox with the TPG Day by day publication
Be a part of over 700,000 readers for breaking information, in-depth guides and unique offers from TPG’s consultants
Associated: Your complete guide to travel protections on American Express cards
Enterprise X Enterprise vs. Amex Enterprise Platinum vs. Sapphire Reserve for Enterprise welcome provide
All three playing cards have welcome presents price not less than triple their annual payment prices.
New candidates for the Venture X Business can earn 150,000 bonus miles after spending $30,000 on purchases within the first three months from account opening. TPG’s July 2025 valuations peg Capital One miles at 1.85 cents apiece, making this welcome provide price $2,775. That is the standard welcome offer we sometimes see on the cardboard.
In the meantime, with the Amex Business Platinum, new cardmembers can earn 150,000 bonus factors after spending $20,000 on purchases inside the first three months of card membership. TPG’s July 2025 valuations peg Amex Membership Rewards factors at 2 cents apiece, making this welcome provide price $3,000.
Lastly, new candidates for the Sapphire Reserve for Business can earn 200,000 bonus factors after spending $30,000 on purchases within the first six months from account opening. TPG’s July 2025 valuations peg Chase Ultimate Rewards factors at 2.05 cents apiece, making this welcome provide price $4,100.
Winner: Sapphire Reserve for Enterprise. Its welcome provide is price essentially the most.
Associated: Chase Sapphire Reserve for Business: Chase debuts new premium card
Enterprise X Enterprise vs. Amex Enterprise Platinum vs. Sapphire Reserve for Enterprise Advantages
This is a have a look at the advantages of every card at first look:
| Capital One Venture X Business | Amex Business Platinum | Sapphire Reserve for Business | |
|---|---|---|---|
| Assertion credit |
|
Enrollment is required for choose advantages, and phrases apply. |
|
| Advantages |
|
Enrollment is required for choose advantages, and phrases apply. |
|
| Lounge entry |
Word: Beginning Feb. 1, 2026, visitor entry for Capital One lounges will value $45 per grownup visitor and $25 for youngsters 17 and below. It should stay free for youngsters below 2. Nonetheless, you may unlock limitless visitor entry for Capital One lounges by spending $75,000 or extra in your card in a calendar yr. |
Enrollment is required for choose advantages, and phrases apply. |
|
| Journey and buy protections |
|
|
*****Eligibility and profit stage varies by card. Not all car varieties 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 means of American Categorical 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 permitted and coordinated by Premium World Help Hotline, emergency medical transportation help could also be supplied for gratis. 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.
^^Eligibility and profit ranges differ by card. Phrases, situations and limitations apply. Go to americanexpress.com/benefitsguide for particulars.
^^^Upon enrollment, accessible by means of the Capital One web site or cell app, eligible cardholders will stay at that standing stage by means of the period of the provide. Please observe, enrolling by means of the traditional Hertz Gold Plus Rewards enrollment course of (e.g. at Hertz.com) is not going to mechanically detect a cardholder as being eligible for this system and cardholders is not going to be mechanically upgraded to the relevant standing tier. Further phrases apply
Every card’s standout profit is lounge access. The Amex Business Platinum takes the cake, because it has unequalled lounge entry with the Global Lounge Collection. Nonetheless, the Venture X Business and the Sapphire Reserve for Business provide glorious lounge entry with their very own ever-expanding lounge networks of Capital One lounges and Sapphire Lounges. And all of the playing cards embody a Priority Pass membership.
Moreover, the Sapphire Reserve for Enterprise presents the perfect guest lounge access, palms down. Cardholders can deliver two complimentary visitors with them into Sapphire lounges. Amex Enterprise Platinum Card members can unlock Centurion Lounge visitor entry by spending $75,000 or extra on their card in a calendar yr. Lastly, Enterprise X Enterprise cardholders can at the moment herald two complimentary visitors, however beginning Feb. 1, 2026, cardholders must spend $75,000 or extra per yr to unlock guest access, which mirrors the Amex Enterprise Platinum’s lounge visitor entry coverage. No matter spending, with both of the playing cards, you will obtain two complimentary visitors when visiting Precedence Move lounges.
Moreover, every card has some variation of an annual journey credit score. The Amex Enterprise Platinum is essentially the most restrictive, as it’s an airline incidentals credit score, and you need to designate one airline to apply it to. It covers issues like checked luggage and seat assignments, but it surely usually will not cowl ticket purchases. The Enterprise X Enterprise annual journey credit score may be very simple to make use of, with the one caveat being that you need to e-book journey through the Capital One Journey portal. Lastly, the Chase Sapphire Reserve for Enterprise has the best credit score to make use of, as it can cowl something that Chase broadly defines as journey, together with parking, tolls and ferries. This credit score is automated, and you do not have to e-book by means of a journey portal.
All these playing cards even have quite a few lodge perks, with two together with automated elite standing and all of them getting access to luxurious lodge reserving platforms like Capital One’s Premier Collection and Lifestyle Collection, Chase’s The Edit and American Express’ Fine Hotels + Resorts and The Hotel Collection. When reserving by means of these platforms, you will obtain elitelike advantages and on-property credit.
Lastly, all three playing cards have glorious journey and buy protections. The Amex Enterprise Platinum and the Sapphire Reserve for Enterprise provide barely extra protections than the Enterprise X Enterprise in case your journey plans go awry. Nonetheless, the Sapphire Reserve for Enterprise takes the cake out of the three, because it presents essentially the most sturdy protections.
Winner: Chase Sapphire Reserve for Enterprise. It barely beats the Amex Enterprise Platinum within the whole worth of its assertion credit. It additionally has barely higher journey protections.
Incomes on the Enterprise X Enterprise vs. Amex Enterprise Platinum vs. Sapphire Reserve for Enterprise
All these enterprise playing cards are nice for incomes versatile currencies. The Venture X Business earns:
- 10 miles per greenback spent on motels and rental vehicles booked by means of Capital One Journey (18.5% return primarily based on TPG’s July 2025 valuations)
- 5 miles per greenback spent on flights and trip leases booked by means of Capital One Journey (9.25% return)
- 2 miles per greenback spent on all different purchases (3.7% return)
The Amex Business Platinum earns:
- 5 factors per greenback spent on flights and pay as you go motels booked with amextravel.com (10% return primarily based on TPG’s July 2025 valuations)
- 1.5 factors per greenback spent on purchases of $5,000 or extra and in choose enterprise classes within the U.S. — building materials and {hardware} suppliers, electronics items retailers, software program and cloud system suppliers, and transport suppliers — on as much as $2 million of purchases in a calendar yr, then 1 level per greenback (3% return)
- 1 level per greenback spent on different purchases (1% return)
The Sapphire Reserve for Business has essentially the most bonus classes incomes:
- 8 factors per greenback spent on Chase Journey purchases (16.4% return primarily based on TPG’s July 2025 valuations)
- 5 factors per greenback spent on eligible Lyft rides by means of Sept. 30, 2027 (10.25% return)
- 4 factors per greenback spent on flights and motels booked straight (8.2% return)
- 3 factors per greenback spent on promoting purchases made with social media websites and search engines like google (6.15% return)
- 1 level per greenback spent on all different purchases (2.05% return)
The Enterprise X Enterprise presents the best earnings with miles, and you may earn not less than 2 miles on each buy. The Amex Enterprise Platinum incomes charges should not the strongest, as they solely provide bonus earnings of greater than 1 level per greenback spent on purchases over $5,000 and flights and motels booked by means of Amex Journey. These incomes charges could be limiting for companies when you do not routinely have giant purchases or prefer to e-book journey by means of an online travel agency.
The Sapphire Reserve for Enterprise presents essentially the most bonus-earning classes and could be a nice possibility for companies with excessive promoting spending, as there is no such thing as a spending cap on the promoting bonus class. Moreover, the Reserve for Enterprise presents companies the pliability to e-book motels and flights straight and earn essentially the most bonus rewards out of the three playing cards.
Winner: Chase Sapphire Reserve for Enterprise. It presents essentially the most bonus classes and is the one card with elevated earnings on promoting and direct lodge and flight purchases.
Associated: Best credit cards for advertising
Redeeming rewards on the Enterprise X Enterprise vs. Amex Enterprise Platinum vs. Sapphire Reserve for Enterprise
With all three playing cards, you may redeem your rewards earned for money again, Amazon purchases, reward playing cards and journey booked by means of every issuer’s respective journey portal. Nonetheless, with these choices, redemption charges aren’t favorable. They are much decrease than TPG’s July 2025 valuations and, in some instances, even decrease than 1 cent per level or mile.
All three playing cards have switch companions in every of the three main airline alliances: Oneworld, SkyTeam and Star Alliance. Moreover, each card has not less than one home airline switch accomplice.
The Venture X Business lets you redeem miles at 1 cent per mile for journey booked through the Capital One Travel portal. You may also redeem miles to cowl latest journey purchases at 1 cent per mile.
With the Amex Business Platinum, you may redeem factors to cowl purchases at 0.60 cents per level, or you should utilize them to e-book journey through Amex Travel at a charge of 0.70 cents per level for pay as you go motels and 1 cent per level for flights. You even have the Pay with Points perk that offers you 35% of your factors again (as much as 1 million per yr) whenever you e-book business- or first-class flights or economy-class flights in your designated airline through Amex Journey. Nonetheless, this perk has been devalued, and beginning Sept. 18, you will solely be capable of get factors again in your designated airline, no matter cabin class.
With the Sapphire Reserve for Business, factors can be utilized to e-book journey straight by means of Chase Travel℠ at a price of as much as 2 cents per level, relying on the precise redemption, with the brand new Points Boost redemption feature. Factors Increase presents elevated redemption charges of greater than 1 cent per level on choose Chase Journey redemptions. Choose flight and lodge redemptions could be made at a charge between 1.5 to 2 cents per level.
Winner: Chase Sapphire Reserve for Enterprise. Your factors with Chase are probably price essentially the most when redeeming by means of a journey portal.
Associated: Cashing in Capital One miles? How to get the maximum value when redeeming miles
Transferring rewards on the Enterprise X Enterprise vs. Amex Enterprise Platinum vs. Sapphire Reserve for Enterprise
With any of those playing cards, your finest guess for the best redemption worth is to switch your rewards to companions.
Enterprise X Enterprise cardholders have entry to Capital One’s roster of 15-plus transfer partners. In style companions embody Air Canada Aeroplan, Avianca LifeMiles and Singapore KrisFlyer.
Amex Business Platinum Card members have entry to Amex’s roster of 18 airlines and three hotel partners. In style companions embody Air Canada Aeroplan, Delta SkyMiles and Virgin Atlantic Flying Club.
I are likely to switch factors earned with my Enterprise Platinum Card to Delta SkyMiles to reap the benefits of that program’s frequent award flash gross sales.
With the Chase Sapphire Reserve for Business℠, you will have entry to Chase’s 14 transfer partners. In style companions embody British Airways Club, Southwest Speedy Rewards and World of Hyatt.
Winner: Chase Sapphire Reserve for Enterprise. The Chase enterprise card takes the sting, because it presents excellent worth with lodge companions and is the one card to have World of Hyatt as a accomplice.
Associated: Credit card transfer partners: Guide to transferring points and miles to airlines and hotels
Ought to I get the Enterprise X Enterprise, Amex Enterprise Platinum or Sapphire Reserve for Enterprise?
Simply because the Venture X Business has the bottom annual payment does not imply it is the worst card out of the three. For enterprise house owners searching for simplicity with earnings, lounge entry and an annual journey credit score, the Enterprise X Enterprise is a stable possibility.
Nonetheless, if you need extra perks like assertion credit, automated elite standing and the perfect lounge entry, the Amex Business Platinum is your decide.
If you’d like lounge entry with the perfect visitor entry and essentially the most bonus earnings classes, you must go for the Sapphire Reserve for Business.
Backside line
If you happen to’re searching for a enterprise rewards card, these choices are all nice. Any of them can be a stable addition to your pockets. The Enterprise X Enterprise has a a lot decrease annual payment and comes loaded with perks; nonetheless, the Amex Enterprise Platinum and the Chase Sapphire Reserve for Enterprise merely provide extra worth with extra assertion credit and elite standing. If you happen to’re actually seeking to maximize factors and miles incomes potential, you could possibly add two and even all three playing cards to your pockets.
Apply right here: The Business Platinum Card from American Express
Apply right here: Chase Sapphire Reserve for Business
Be taught extra: Capital One Venture X Business
For charges and costs of the Amex Enterprise Platinum, click on here.
For Capital One merchandise listed on this web page, a number of the advantages could also be supplied by Visa® or Mastercard® and will differ by product. See the respective Information to Advantages for particulars, as phrases and exclusions apply.
Trending Merchandise
