AlxCoCrFeNi is a prominent high entropy alloy system with varying crystal structure from FCC to BCC depending on aluminum content. The mechanical behavior of Al0.7CoCrFeNi with dual phase FCC+BCC microstructure has been compared with that of single phase FCC Al0.3CoCrFeNi. Both quasi-static and dynamic strain rate regimes were investigated. Hypo-eutectic Al0.7CoCrFeNi showed much higher strength due to fine lamellar microstructure with a large number of FCC-BCC interphase boundaries. But this also leads to lower strain rate sensitivity due to the long-range nature of these interfaces, overcoming them is indifferent with temperature elevation to assist slip, thus making them athermal barriers. Both these precipitation hardenable alloys were aged to induce precipitation of ordered L12 in the FCC phase. This coherent nano-scale L12 precipitate caused a significant increase in the yield strength of both single-phase and dual phase structures while reducing the strain rate sensitivity (SRS) only slightly. L12 precipitation in FCC matrix greatly enhanced twinning during dynamic deformation. Large-scale deformation twins were observed in coarse Al0.3CoCrFeNi FCC and FCC + L12 microstructures. The scale of deformation twins was much smaller in the dual phase Al0.7CoCrFeNi whose refined lamellae width retarded twinning. The lamellar structures, nevertheless, had higher work hardening due to their higher dislocation density storage capability.