The OpenSky Launch Secured Visa and The Platinum Card from American Express are closely matched. OpenSky Launch Secured Visa wins on 2 categories (no current bonus); The Platinum Card from American Express wins on 2 (175,000 pts signup bonus). The better pick depends on your spending patterns.
OpenSky Launch Secured Visa vs The Platinum Card from American Express
Side-by-side comparison of fees, rewards, benefits, and transfer partners.
- Select Merchants 10x
- All Other Purchases 1x
- Flights (Direct or Amex Travel) 5x
- Prepaid Hotels (Amex Travel) 5x
- All Other Purchases 1x
- Prepaid Hotel Credit $200
- Uber Cash $15
- Airline Fee Credit $200
- +4 more
- Centurion Lounge Access
- Priority Pass Select
- Delta Sky Club Access
- +6 more
- Flying Blue
- Delta SkyMiles
- JetBlue TrueBlue
- Qatar Avios
- Virgin Atlantic Flying Club
- +13 more
Common Questions: OpenSky Launch Secured Visa vs The Platinum Card from American Express
Is the OpenSky Launch Secured Visa or The Platinum Card from American Express better for dining?
Neither card offers a specific dining bonus — both earn their base rate on restaurant purchases.
Which has the higher signup bonus in 2026?
OpenSky Launch Secured Visa currently offers no current bonus. The Platinum Card from American Express offers 175,000 pts signup bonus (spend $12,000 in 6 months). The Platinum Card from American Express has the larger bonus.
Which card is better for international travel?
Both cards charge no foreign transaction fees, making either a solid choice for international travel.
Can I hold both the OpenSky Launch Secured Visa and the The Platinum Card from American Express?
In most cases yes — holding both is allowed and can be a smart strategy for maximizing rewards across different spending categories. OpenSky Launch Secured Visa is from Capital Bank and The Platinum Card from American Express is from American Express, so they're governed by separate bank policies.