Before adding<\/a> the American Express Platinum Card\u00ae<\/a><\/span> to my wallet, I analyzed my current credit card setup. The Amex Platinum’s $895 annual fee<\/a> (see rates and fees<\/a>) was more than enough to prompt a review of my current strategy.<\/p>\n At the time, I had only one card in my wallet with an annual fee exceeding $200: the Capital One Venture X Rewards Credit Card<\/a>. At $395 each year, the Venture X is among the most affordable cards<\/a> in the premium market<\/a>. But was the Venture X worth keeping<\/a> once I added the Amex Platinum?<\/p>\n After weighing the pros and cons, I decided to keep both of these popular premium travel rewards cards. These are the four factors that influenced my decision.<\/p>\n I’m all about collecting transferable points and miles<\/a> from each of the major issuers. I value both American Express Membership Rewards points<\/a> and Capital One miles<\/a> highly. Plus, earning both currencies gives me even more flexibility when making redemptions, as I unlock two sets of transfer partners<\/a>.<\/p>\n I like to redeem Capital One miles for Delta Air Lines tickets, which I usually book through SkyTeam alliance partner<\/a> Air France-KLM’s Flying Blue. I recently transferred 15,000 miles to Flying Blue<\/a> to book two one-way domestic Delta flights.<\/p>\n These cards offer fantastic welcome bonuses<\/a>:<\/p>\nI earn two valuable currencies<\/h2>\n
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