American Express Schwab Investor Card vs Capital One Venture Rewards

Common questions

Which card has the bigger sign-up bonus, American Express Schwab Investor Card or Capital One Venture Rewards?

The Capital One Venture Rewards has the bigger bonus, 75,000 miles, worth roughly $1,238, versus 10,000 Membership Rewards points (~$110) on the American Express Schwab Investor Card.

Is the American Express Schwab Investor Card's $0 annual fee worth it compared to the Capital One Venture Rewards?

The American Express Schwab Investor Card has no annual fee, so the question is whether the Capital One Venture Rewards's $95 fee is justified by its perks. If you'll use enough of the Capital One Venture Rewards's benefits to clear $95 in value annually, it's worth it; otherwise stick with the American Express Schwab Investor Card.

Can I have both the American Express Schwab Investor Card and Capital One Venture Rewards?

Yes, since they're from different issuers (American Express and Capital One) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.

Should I get the American Express Schwab Investor Card or the Capital One Venture Rewards first?

Get the one whose sign-up bonus you can hit comfortably without overspending. American Express Schwab Investor Card: $1,000 spend in 6 months. Capital One Venture Rewards: $4,000 in 3 months. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.