American Express
Business Platinum Card®
BusinessTravelHotelAirlineIntro OfferNo Foreign Transaction FeesLuxuryDining
Key Features
| Annual Fee | $895.00 |
| Sign-up Bonus | Up to 300,000 Membership Rewards Points |
| Rewards Rate | 1X-5X Membership Rewards Points |
| Network | American Express |
Read the full review
Best for those with
Excellent Credit
About this card
The American Express Business Platinum Card is a premium card with significant benefits, but its high annual fee and specific spending requirements make it a card best suited for a niche audience. Its strengths lie in its excellent travel rewards, luxury perks, and generous sign-up bonus. The 5x points on flights and hotels, coupled with lounge access and various statement credits, offer substantial value for frequent travelers. However, the $895 annual fee is a major deterrent, and the card's value is highly dependent on maximizing its benefits. The APR is irrelevant as it is a charge card. Its reputation is solid, and it generally appeals to established businesses. However, the card's value proposition is mixed; while it offers exceptional rewards for travel-heavy businesses, the high cost and complexity of its benefits make it less attractive to others.
3.1
Overall Rating
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on specific categories
- No foreign transaction fees
- Extensive luxury travel benefits
- Valuable business credits and tools
- Comprehensive travel and purchase protection
Things to consider
- High annual fee
- No intro APR period
- High spending required for maximum benefits
What this card offers
Sign-up bonuses
- AS HIGH AS 300,000 Membership Rewards® Points after you spend $20,000 in eligible purchases on your new Card within the first 3 months of Card Membership. Welcome offers vary and you may not be eligible for an offer.
Rewards
- 5X Membership Rewards® points on flights and prepaid hotels booked on AmexTravel.com.
- 2X points on eligible purchases in key business categories, or on purchases of $5K or more. Earn 2X on up to $2 million of these purchases per calendar year.
- 1X points on other eligible purchases.
Other features
- Up to $600 Hotel Credit: Statement credits up to $300 semi-annually on prepaid bookings through Amex Travel with Fine Hotels + Resorts or The Hotel Collection. The Hotel Collection requires a minimum two-night stay.
- $550 in Value with Fine Hotels + Resorts: Unlock a suite of benefits with an average total value of $550 when you book Fine Hotels + Resorts through Amex Travel.
- $850+ in Value with The Global Lounge Collection: Over $850 of annual value with access to Centurion Lounges, 10 complimentary Delta Sky Club visits when flying on an eligible Delta flight, Priority Pass Select membership (enrollment required), and other select partner lounges.
- Up to $200 Hilton Credit: Hilton for Business members can get statement credits of up to $50 quarterly on eligible purchases made directly with Hilton. Enrollment required.
- Up to $200 Airline Fee Credit: Statement credits up to $200 per calendar year for incidental fees charged by your one selected qualifying airline.
- Up to $209 CLEAR+ Credit: Statement credits up to $209 per calendar year for an auto-renewing CLEAR+ Membership, excluding taxes and fees.
- 35% Airline Bonus: Get 35% points back after you use Pay with Points for flights booked through Amex Travel with your selected qualifying airline, up to 1,000,000 points back per calendar year.
- Leaders Club Sterling Status from The Leading Hotels of the World: Enjoy bespoke benefits at over 400 independent luxury hotels across the globe with complimentary Leaders Club Sterling Status from The Leading Hotels of the World. Enrollment required.
- The Hotel Collection: Receive a $100 credit towards eligible charges when you book two nights or more with The Hotel Collection with AmexTravel.com.
- Fee Credit for Global Entry or TSA PreCheck: Receive either a $120 statement credit for a Global Entry application fee or a statement credit up to $85 for a TSA PreCheck application fee every 4 years, when charged to the Business Platinum Card.
- Marriott Bonvoy Gold Elite Status: As a Platinum Card Member, you can receive Marriott Bonvoy Gold Elite Status without meeting any stay requirements. Enrollment required.
- Hilton Honors Gold Status: With Hilton Honors Gold status, you can enjoy benefits at hotels and resorts within the Hilton Portfolio and earn reward stays faster with Hilton Honors Bonus Points.
- Car Rental Loss and Damage Insurance: When you use your Eligible Card to reserve and pay for the Entire Rental and decline the collision damage waiver at the Rental Company counter, you can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory.
- Trip Delay Insurance – Premium Cards: If a round-trip is paid for entirely with your Eligible Card and a covered reason delays your trip more than 6 hours, Trip Delay Insurance can help reimburse certain additional expenses purchased with your same Eligible Card, up to $500 per trip, maximum 2 claims per Eligible Card per 12 consecutive month period.
- Trip Cancellation and Interruption Insurance: If you purchase a round trip entirely with your Eligible Card and a covered reason cancels or interrupts your trip, Trip Cancellation and Interruption Insurance can help reimburse your non-refundable expenses purchased with the same Eligible Card, up to $10,000 per trip and up to $20,000 per Eligible Card per 12 consecutive month period.
- Baggage Insurance Plan: Coverage can be provided for up to $2,000 for checked Baggage and up to a combined maximum of $3,000 for checked and carry-on Baggage, in excess of coverage provided by the Common Carrier.
- No Foreign Transaction Fees: No matter where you’re traveling, when you use the Business Platinum Card there are no foreign transaction fees from American Express.
- Car Rental Privileges - Avis, Hertz, National: Business Platinum Card Members enjoy complimentary premium status for select car rental programs. Card Members must enroll through their American Express online account using their eligible Card.
- Up to $1,150 Dell Technologies Credit: Statement credits up to $150 on U.S. purchases directly with Dell Technologies, and an additional $1,000 statement credit after you spend $5,000 or more on those purchases, per calendar year. Enrollment required.
- $250 Adobe Credit: A $250 statement credit per calendar year after you spend $600 or more on U.S. purchases directly with Adobe in a calendar year. Enrollment required.
- Up to $360 Indeed Credit: Statement credits up to $90 per quarter for U.S. purchases made directly with Indeed. Enrollment required.
- Up to $120 Wireless Credit: Statement credits up to $10 per month for wireless phone service purchases made directly with a U.S. wireless telephone service provider. Enrollment required.
- Pay Over Time: Pay Over Time gives you the ability to carry a balance with interest up to your Pay Over Time Limit.
- No Preset Spending Limit: The amount you can spend adapts based on factors such as your purchase, payment, and credit history.
- Cashflow and Payback Period: You have between 25 to 53 days to pay with no interest if you have paid the prior month's statement balance and current statement balance in full by the due date.
- Employee Cards: Get real-time Merchant Category Alerts if employees spend outside of merchant types you’ve approved. No annual fee option.
- Connect to QuickBooks: Streamline expenses from your enrolled Business Card when your transactions from the Business Platinum Card are sent to your QuickBooks.
- Online Statements: View your purchase history, prepare reports, and budget your expenses.
- Account Manager: Assign a trusted team member to oversee your American Express account.
- Year-End Summary: Analyze your annual expenses in charts and download your information in PDF or Excel.
- Vendor Pay: With the Basic plan, there is no monthly fee for the first user and no fee for a second user for six months. After six months, the second user will have a fee of $15 per month. Additional fees may apply based on plan type and number of users.
- Access even more value after you spend $250,000 on qualifying purchases on the Business Platinum Card.
- $2,400 American Express One AP Statement Credit: Unlock up to $2,400 in statement credits on American Express One AP monthly fees after you spend $250,000 on eligible purchases in this calendar year.
- $1,200 Amex Travel Online Flight Statement Credit: Unlock up to $1,200 in statement credits on flights booked on AmexTravel.com with the Business Platinum Card, for use in the next calendar year, after spending $250,000 in eligible purchases in this calendar year.
- Choose your preferred card design, either classic metal or mirror when applying for the Business Platinum Card.
- Platinum Travel Service: Platinum Travel Consultants specialize in providing custom itineraries and tailored recommendations to help you make the most of your travels.
- Premium Global Assist Hotline: 24/7 medical, legal, financial, and other select emergency coordination and assistance services while traveling more than 100 miles from home.
- Customer Service: Find ongoing support when you need it.
- Platinum Nights by Resy: Get special access to reservations on select nights at participating, in-demand Resy restaurants.
- Global Dining Access by Resy: Access premium dining experiences and Priority Notify from Resy.
- Amex Special Ticket Access: Access to purchase Amex Presale Tickets and Amex Reserved Tickets to select events.
- Cell Phone Protection: Reimbursed up to $800 per claim, limit 2 approved claims per 12-month period, with a $50 deductible per approved claim.
- Extended Warranty: Get up to one extra year added to the Original Manufacturer's Warranty on eligible purchases.
- Purchase Protection: Help protect eligible purchases for up to 90 days from the purchase date.
- Dispute Resolution: American Express will work with you to help resolve fraudulent or incorrect charges.
Ratings
4.6
4.3
2.8
1
1.5