CardRewardsEditorial disclosure: CardRewards.ai is an independent comparison service. Our analysis is based on publicly available card data and is reviewed regularly by our editorial team. Card issuers do not influence our rankings or content. Last updated: June 2026.
The MGM Rewards Iconic World Elite MastercardĀ® ($249/yr) is better for everyday value, while the Capital One Venture X Rewards Credit Card ($395/yr) is worth it for frequent travelers who can use its premium perks. Here's the full comparison.
Capital One
First National Bank of Omaha
Annual Fee
Welcome Bonus
| Category | Capital One Venture X Rewards Credit Card | MGM Rewards Iconic World Elite MastercardĀ® |
|---|---|---|
| Mgm Grand | 2X | 6X |
| Flights | 2X |
The Capital One Venture X Rewards Credit Card wins in 2 of 3 categories. The MGM Rewards Iconic World Elite MastercardĀ® leads in 1.
Flights
Capital One Venture X Rewards Credit Card earns 2X vs 1X
Mgm Grand
MGM Rewards Iconic World Elite MastercardĀ® earns 6X vs 2X
Everyday purchases
Capital One Venture X Rewards Credit Card earns 2X on all other spending vs 1X
The Capital One Venture X Rewards Credit Card costs $395/yr ā that's $146 more than the MGM Rewards Iconic World Elite MastercardĀ® ($249/yr). To justify that gap, you need to extract at least $146 in annual value from the card's higher earn rates and benefits.
The Capital One Venture X Rewards Credit Card offers lounge access, Global Entry/TSA PreCheck credit. Whether that justifies the fee depends on how often you use these benefits.
Bottom line: The $146 difference is moderate. If you spend consistently on hotels and flights, the Capital One Venture X Rewards Credit Card's higher earn rates and benefits can easily cover the gap.
Choosing one card means missing out on these benefits from the other.
Choosing MGM Rewards Iconic World Elite MastercardĀ® means losing:
The MGM Rewards Iconic World Elite MastercardĀ® has a lower annual fee ($249 vs $395), making it the more accessible option.
The Capital One Venture X Rewards Credit Card justifies its higher fee with premium perks like lounge access.
For everyday spending, the Capital One Venture X Rewards Credit Card earns more with its 2X base rate.
Choose the MGM Rewards Iconic World Elite MastercardĀ® if you want solid rewards with a lower cost of entry. Choose the Capital One Venture X Rewards Credit Card if you travel frequently and can maximize its premium benefits.
Editorial disclosure: The analysis on this page is based on publicly available card data and is updated regularly. CardRewards.ai is an independent comparison service. Card issuers do not influence our rankings or editorial content. Last updated: June 2026.
The MGM Rewards Iconic World Elite MastercardĀ® ($249/yr) is better for everyday value, while the Capital One Venture X Rewards Credit Card ($395/yr) is worth it for frequent travelers who can use its premium perks. Here's the full comparison.
Capital One
First National Bank of Omaha
Annual Fee
Welcome Bonus
| Category | Capital One Venture X Rewards Credit Card | MGM Rewards Iconic World Elite MastercardĀ® |
|---|---|---|
| Mgm Grand | 2X | 6X |
| Flights | 2X |
The Capital One Venture X Rewards Credit Card wins in 2 of 3 categories. The MGM Rewards Iconic World Elite MastercardĀ® leads in 1.
Flights
Capital One Venture X Rewards Credit Card earns 2X vs 1X
Mgm Grand
MGM Rewards Iconic World Elite MastercardĀ® earns 6X vs 2X
Everyday purchases
Capital One Venture X Rewards Credit Card earns 2X on all other spending vs 1X
The Capital One Venture X Rewards Credit Card costs $395/yr ā that's $146 more than the MGM Rewards Iconic World Elite MastercardĀ® ($249/yr). To justify that gap, you need to extract at least $146 in annual value from the card's higher earn rates and benefits.
The Capital One Venture X Rewards Credit Card offers lounge access, Global Entry/TSA PreCheck credit. Whether that justifies the fee depends on how often you use these benefits.
Bottom line: The $146 difference is moderate. If you spend consistently on hotels and flights, the Capital One Venture X Rewards Credit Card's higher earn rates and benefits can easily cover the gap.
Choosing one card means missing out on these benefits from the other.
Choosing MGM Rewards Iconic World Elite MastercardĀ® means losing:
The MGM Rewards Iconic World Elite MastercardĀ® has a lower annual fee ($249 vs $395), making it the more accessible option.
The Capital One Venture X Rewards Credit Card justifies its higher fee with premium perks like lounge access.
For everyday spending, the Capital One Venture X Rewards Credit Card earns more with its 2X base rate.
Choose the MGM Rewards Iconic World Elite MastercardĀ® if you want solid rewards with a lower cost of entry. Choose the Capital One Venture X Rewards Credit Card if you travel frequently and can maximize its premium benefits.
Editorial disclosure: The analysis on this page is based on publicly available card data and is updated regularly. CardRewards.ai is an independent comparison service. Card issuers do not influence our rankings or editorial content. Last updated: June 2026.
The MGM Rewards Iconic World Elite MastercardĀ® ($249/yr) is better for everyday value, while the Capital One Venture X Rewards Credit Card ($395/yr) is worth it for frequent travelers who can use its premium perks. Here's the full comparison.
Capital One
First National Bank of Omaha
Annual Fee
Welcome Bonus
| Category | Capital One Venture X Rewards Credit Card | MGM Rewards Iconic World Elite MastercardĀ® |
|---|---|---|
| Mgm Grand | 2X | 6X |
| Flights | 2X |
The Capital One Venture X Rewards Credit Card wins in 2 of 3 categories. The MGM Rewards Iconic World Elite MastercardĀ® leads in 1.
Flights
Capital One Venture X Rewards Credit Card earns 2X vs 1X
Mgm Grand
MGM Rewards Iconic World Elite MastercardĀ® earns 6X vs 2X
Everyday purchases
Capital One Venture X Rewards Credit Card earns 2X on all other spending vs 1X
The Capital One Venture X Rewards Credit Card costs $395/yr ā that's $146 more than the MGM Rewards Iconic World Elite MastercardĀ® ($249/yr). To justify that gap, you need to extract at least $146 in annual value from the card's higher earn rates and benefits.
The Capital One Venture X Rewards Credit Card offers lounge access, Global Entry/TSA PreCheck credit. Whether that justifies the fee depends on how often you use these benefits.
Bottom line: The $146 difference is moderate. If you spend consistently on hotels and flights, the Capital One Venture X Rewards Credit Card's higher earn rates and benefits can easily cover the gap.
Choosing one card means missing out on these benefits from the other.
Choosing MGM Rewards Iconic World Elite MastercardĀ® means losing:
The MGM Rewards Iconic World Elite MastercardĀ® has a lower annual fee ($249 vs $395), making it the more accessible option.
The Capital One Venture X Rewards Credit Card justifies its higher fee with premium perks like lounge access.
For everyday spending, the Capital One Venture X Rewards Credit Card earns more with its 2X base rate.
Choose the MGM Rewards Iconic World Elite MastercardĀ® if you want solid rewards with a lower cost of entry. Choose the Capital One Venture X Rewards Credit Card if you travel frequently and can maximize its premium benefits.
Editorial disclosure: The analysis on this page is based on publicly available card data and is updated regularly. CardRewards.ai is an independent comparison service. Card issuers do not influence our rankings or editorial content. Last updated: June 2026.
| 1X |
| Gas Stations | 2X | 2X |
| Grocery Stores | 2X | 2X |
| Hotels | 2X | 2X |
| Everything Else | 2X | 1X |
Network
Key Benefits
Pros
Cons
Get the Capital One Venture X Rewards Credit Card if you:
Get the MGM Rewards Iconic World Elite MastercardĀ® if you:
| 1X |
| Gas Stations | 2X | 2X |
| Grocery Stores | 2X | 2X |
| Hotels | 2X | 2X |
| Everything Else | 2X | 1X |
Network
Key Benefits
Pros
Cons
Get the Capital One Venture X Rewards Credit Card if you:
Get the MGM Rewards Iconic World Elite MastercardĀ® if you:
| 1X |
| Gas Stations | 2X | 2X |
| Grocery Stores | 2X | 2X |
| Hotels | 2X | 2X |
| Everything Else | 2X | 1X |
Network
Key Benefits
Pros
Cons
Get the Capital One Venture X Rewards Credit Card if you:
Get the MGM Rewards Iconic World Elite MastercardĀ® if you: