Many of the credit card offers that appear on this site are from credit card companies from which we receive financial compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). However, the credit card information that we publish has been written and evaluated by experts who know these products inside out. We only recommend products we either use ourselves or endorse. This site does not include all credit card companies or all available credit card offers that are on the market. See our advertising policy here where we list advertisers that we work with, and how we make money. You can also review our credit card rating methodology.
We may be compensated when you click on product links, such as credit cards, from one or more of our advertising partners. Terms apply to the offers below. See our Advertising Policy for more about our partners, how we make money, and our rating methodology. Opinions and recommendations are ours alone.
The Amex Business Platinum card is made for small business owners who travel frequently enough to take advantage of the luxury travel perks offered with the card.
However, even though there is a steep annual fee — the card comes with perks like airport lounge access, hotel elite status, up to $200 airline incidental credit, a 35% rebate with Amex Pay With Points, and 5x points per $1 on flights and prepaid hotels on Amex Travel.
If your business has turned you into a road warrior, you’ll be hard-pressed to find a business card that comes with better travel-related perks than this one.
Each calendar year, you’ll be able to receive up to $200 in statement credits for incidental fees charged by your selected airline, such as checked bags and inflight refreshments. This fee credit does not apply to airfare.
Note that statement credits are per calendar year when incidental fees are charged by the airline to your Card or any of the Additional Cards on your Platinum Card account.
Having access to an airport lounge can do wonders on a busy travel day. Whether you enjoy having a quiet workspace, complimentary food and drink, or even premium amenities like a shower room, you’ll love the lounges you’ll be able to access with your card.
The American Express Global Lounge Collection features over 1,400 airport lounges across 130 countries worldwide, including Amex Centurion Lounges, International Centurion Lounges, Escape Lounges – The Centurion Studio Partner, Plaza Premium Lounges, Airspace Lounge, select Virgin Clubhouses, select Lufthansa lounges when flying with Lufthansa Group the same day, and Delta Sky Clubs when flying with Delta the same day.
You’ll also enjoy a complimentary Priority Pass Select membership upon enrollment. Just note that Priority Pass memberships from U.S.-issued American Express cards no longer include restaurants (“non-lounge airport experiences”).
Access to these lounges could cost hundreds of dollars if purchased separately, so this benefit is incredibly valuable.
Enjoying expedited security is a nice perk to have when traveling on business. It’s even better when it doesn’t affect your bottom line.
You’ll receive a fee reimbursement for a TSA PreCheck or a Global Entry fee that’s charged to your Amex Business Platinum card. Plus, this benefit extends to additional cards on your account!
Cardmembers can zip through security screenings at select U.S. airports and sporting events with an up to $189 annual statement credit for CLEAR Plus membership.
Having hotel elite status can make frequent business trips (or even leisure vacations) much more comfortable. As an Amex Business Platinum cardholder, you’ll receive elite status at 2 major hotel chains:
Note that you must enroll in this benefit through your American Express account so be sure to get the most out your benefits!
Each year you’re a cardmember you’ll be eligible to receive up to $400 in statement credits toward your U.S. purchases from Dell on your Amex Business Platinum card. You can get $200 in statement credits from January to June and another $200 in statement credits from July to December.
Get up to $90 each quarter, up to $360 each year, in statement credits towards eligible purchases with Indeed for your staffing needs.
Cardholders receive up to $150 in statement credits each year for select prepaid subscriptions with Adobe. If you use any Adobe programs like Adobe Premiere, Adobe Lightroom, or even if you have the full set of Adobe Creative Cloud, then this can save you quite a bit each year.
You can get up to $10 each month, for a total of $120 in statement credits each year, for wireless phone services purchased directly with a U.S. wireless provider. An easy way to take advantage of this is to pay your monthly phone bill with your Amex Business Platinum card.
As a cardholder, you’ll get access to the Amex Fine Hotels & Resorts program. When you book one of these select properties you’ll receive perks like:
Add your Amex Business Platinum card to your Resy profile to unlock access to exclusive reservations and special dining experiences.
Enjoy up to 40% off a Wheels Up membership and up to $2,000 in-flight credit towards your initial flight within your first year (depending on membership).
When you purchase a round-trip ticket with your card and the flight is delayed by more than 6 hours, you’re covered for up to $500 in reasonable expenses like meals, lodging, and personal use items.
Flights purchased with your card that are canceled or interrupted due to a covered reason, like inclement weather or accidental injury, are covered up to $10,000 per trip and $20,000 per year.
You’ll love knowing you’re covered if your baggage is lost, damaged, or stolen. To be eligible, you need to pay for your entire fare using your Amex Business Platinum card or American Express Membership Rewards points. Coverage is capped at $2,000 for checked baggage and a combined maximum of $3,000 for checked and carry-on baggage.
When you pay for your entire rental with your Amex Business Platinum card and decline the coverage offered by the car rental agency, you’ll be covered if your rental car is damaged or stolen. This coverage doesn’t cover damage to other vehicles or any injuries.
The card comes with secondary car rental loss and damage insurance. That means you’ll need to file a claim with any other insurance you may have first.
This applies to cars rented in most countries but excludes cars rented in Australia, Italy, and New Zealand.
This coverage is capped at $75,000 per rental agreement.
With the card, you’ll get automatic elite status and special privileges with Avis, Hertz, and National.
When you purchase an item with your card, that purchase is covered for up to 90 days from the purchase date, up to $10,000 per item and $50,000 per year, in the event of theft, loss, or damage.
Any items purchased with your card that have a manufacturer’s warranty of 5 years or less can be extended up to 1 additional year.
Cardholders now receive up to $1,600 in cell phone protection (2 claims per year with up to $800 for each claim) against theft and damage, including cosmetic damage (like a cracked phone screen). Each claim has a $50 deductible and your monthly phone bill should be paid with your Amex Business Platinum card to receive coverage.
Since the Amex Business Platinum card offers just a single bonus category, you’ll want to utilize other ways of earning Membership Rewards points. Fortunately, there are plenty of great ways to do just that!
Once you’ve earned those points, you’ll then want to strategize about how you’ll want to redeem your Membership Rewards points for future trips.
Our favorite use of Amex Membership Rewards points is utilizing the Amex transfer partners, as they allow you to book amazing first and business class flights for a fraction of what they’d usually cost!
Similar to the Ink Business Cash® Credit Card, the Amex Blue Business Cash card offers 2% cash-back on all eligible purchases on up to $50,000 per calendar year, then 1%.
This card is a great choice for those looking for a more well-rounded option.
While it doesn’t feature any of the luxury perks that come with the Amex Business Platinum card, it has a fantastic earn rate of 3x points per $1 on up to $150,000 in combined purchases on travel, shipping, ad purchases made with social media sites or search engines, and internet, cable, and phones services.
It makes for a compelling option for those who just want a strong point-earning card without any extras.
Check out our direct comparison of the Amex Business Platinum vs. the Ink Business Preferred card.
We’ve compared the card to a couple of other popular alternatives:
For rates and fees of The Business Platinum Card® from American Express, click here.
For rates and fees of The American Express Blue Business Cash™ Card, click here.
Truthfully, the answer is — it depends. We definitely believe the card is worth it given the large number of benefits that come with it.
However, when you factor in your $200 airline incidental credit, access to over 1,400 airport lounges, elite hotel status, and much more, you’re coming out way ahead if you’re able to utilize those benefits often.
The annual fee is
Your Membership Rewards points will never expire as long as your account with American Express remains open.
If you’re a business owner, even just as a sole-proprietor or freelancer, you’re eligible to apply for a business card. Whether or not you will be approved depends on your creditworthiness which is determined by your credit score as well as other factors like your income.
There is no guaranteed way to know for certain whether or not you’ll be approved. But any business owner with a great credit score will be a strong applicant.
You will still have a spending limit on the card — it just isn’t preset in advance. American Express will still limit your spending month-to-month based on your spending habits and will begin declining charges if they believe your balance is becoming higher than you can afford to pay.
While their names are similar, there are lots of differences between the Amex Platinum card and the business version. They have different bonus categories and offer different perks. For an in-depth comparison, check out our head-to-head matchup: Amex Business Platinum card vs. Amex Platinum card.
Boasting a portfolio of over 20 cards, Jarrod has been an expert in the points and miles space for over 6 years. He earns and redeems over 1 million points per year and his work has been featured in outlets like The New York Times.
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.
0 comments
Any thoughts or questions? Comment below!
Email needed if you'd like comment updates. It will NOT be published.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.