Business Platinum Card® from American Express review

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Advertiser Disclosure

Interest Rate: Purchases
-
Balance Transfer
-
Rewards
1 - 5 points
Signup Bonus
50000 points (after spending $10,000)


8.3/10
Informr score
The Business Platinum Card® from American Express currently has an Informr score of 8.3 out of 10. This score is based on our evaluation of 16 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Business Platinum Card® from American Express is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


One Mile at a Time

The Amex Business Platinum Card is a perks-rich card that also has one of the highest annual fees of any business credit card. In general if you’re considering applying for this card, I’d do so if you think you’d get value out of the perks. This includes an incredible lounge access benefit, a $200 a...

- Ben, One Mile at a Time
Compare Cards

The Business Platinum® Card from American Express is loaded with exclusive rewards and benefits simply for being a card member. If business travel is commonplace for you, the rewards and perks of this card should outweigh the $450 annual fee, depending on how you plan to use this card.

- Compare Cards
Business Insider

If you don't travel regularly, you may not value the benefits this card provides. But if you are regular jet-setter for work or pleasure, you will likely find the $450 annual fee well worth it. When used to the max, you may get thousands of dollars in value from this card each year. That's something...

- Eric Rosenberg, Business Insider
Business Insider

Over my first year with the Platinum Card from American Express, I've gotten more than $2,250 worth of value from the various perks, rewards, and benefits. When I subtract what I paid on my first month's statement for the annual fee, that's still a whopping $1,700. Even in each following year, when...

- David Slotnick, Business Insider
TechnoBuffalo

Frequent flyer business owners are going to like the high-end perks offered by this card. With so many benefits, cardholders can realize several thousands of dollars in value even on top of the sign up bonus.

- TechnoBuffalo

Details


Interest Rates
Regular APR Interest Rate

No interest charges because you pay your balance in full each month.

Balance Transfer Interest Rate

No interest charges because you pay your balance in full each month.

Cash Advance Interest Rate

No interest charges because you pay your balance in full each month.

Rates & Fees
Annual Fee $595.00
Balance Transfer Fee $0.00
Cash Advance Fee $0.00
Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00

Or 2.99% of any past due Pay in Full amount, whichever is greater.

Promotions
Sign up bonus 50000 points after spending $10,000

And an extra 50,000 points after you spend an additional $15,000 on purchases within the first 3 months.

Rewards
All Purchases 1 point per $1 spent
  • Earn 1.5 points per $1 spent on purchases of $5,000 or more.
  • Earn up to 1 million additional points per year.
Restaurants No
Gas No
Groceries No
Hotels 5 points per $1 spent

On purchases made when you book on the American Express Travel website

Travel 5 points per $1 spent

On purchases made when you book on the American Express Travel website

Pharmacy No
Bills No
Additional Details
  • Get 50% More Points on Purchases of $5k or more.

  • Use points for flights and Get 35% Points Back.
Features & Benefits
Additional Card Holders Yes

The maximum number of Additional Cards issued on each Account is 99.

Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability No
No Foreign Transaction Fees Yes
Emergency Assistance Yes
Concierge Service Yes
Price Protection No
Fraud Protection No
Free Credit Scores No
Wireless Payments No
Additional Benefits

  • $200 Airline Fee Credit

  • Baggage Insurance Plan
  • Access to The American Express Global Lounge Collection
  • Return Protection
  • Fee Credit for Global Entry or TSA Pre✔
  • Starwood Gold Elite Status
  • Hilton Honors Gold Status
  • Boingo American Express Preferred Plan
  • Preferred Seating Program
  • Roadside Assistance
  • Get one year of Platinum Global Access from WeWork
Eligibility
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
More
Additional comments Other Names (AKA): Enhanced Business Platinum Card from American Express OPEN

Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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Critic Reviews


One Mile at a Time

Offers some outstanding perks

from One Mile at a Time

The Amex Business Platinum Card is a perks-rich card that also has one of the highest annual fees of any business credit card. In general if you’re considering applying for this card, I’d do so if you think you’d get value out of the perks. This includes an incredible lounge access benefit...More

The Amex Business Platinum Card is a perks-rich card that also has one of the highest annual fees of any business credit card. In general if you’re considering applying for this card, I’d do so if you think you’d get value out of the perks. This includes an incredible lounge access benefit, a $200 annual airline fee credit, $200 annual Dell credit, 10 Gogo wifi passes per year, hotel status, a WeWork membership, and much more.

Read full review

Less

Compare Cards

Enjoy exclusive experiences and elevate your travel rewards earning potential

Compare Cards

The Business Platinum® Card from American Express is loaded with exclusive rewards and benefits simply for being a card member. If business travel is commonplace for you, the rewards and perks of this card should outweigh the $450 annual fee, depending on how you plan to use this card.

Read full review

The Business Platinum® Card from American Express is loaded with exclusive rewards and benefits simply for being a card member. If business travel is commonplace for you, the rewards and perks of this card should outweigh the $450 annual fee, depending on how you plan to use this card.

Read full review

Less

Business Insider

One of the best cards for small business owners

from Business Insider

If you don't travel regularly, you may not value the benefits this card provides. But if you are regular jet-setter for work or pleasure, you will likely find the $450 annual fee well worth it. When used to the max, you may get thousands of dollars in value from this card each year. That's something any cardholder can get excited about.

Read full review

If you don't travel regularly, you may not value the benefits this card provides. But if you are regular jet-setter for work or pleasure, you will likely find the $450 annual fee well worth it. When used to the max, you may get thousands of dollars in value from this card each year. That's something any cardholder can get excited about.

Read full review

Less

Business Insider

Perks, rewards, and tangible benefits outweighs annual fee

from Business Insider

Over my first year with the Platinum Card from American Express, I've gotten more than $2,250 worth of value from the various perks, rewards, and benefits. When I subtract what I paid on my first month's statement for the annual fee, that's still a whopping $1,700. Even in each following year, w...More

Over my first year with the Platinum Card from American Express, I've gotten more than $2,250 worth of value from the various perks, rewards, and benefits. When I subtract what I paid on my first month's statement for the annual fee, that's still a whopping $1,700. Even in each following year, when I won't get the welcome bonus, I'll still be ahead by at least $500 — assuming I keep the card — plus whatever I earn in rewards from spending. While the annual fee is definitely high, the value I've gotten from the card's annual benefits has more than outweighed it.

Read full review

Less

TechnoBuffalo

Offers thousands of dollars in perks, including WeWork access

TechnoBuffalo

Frequent flyer business owners are going to like the high-end perks offered by this card. With so many benefits, cardholders can realize several thousands of dollars in value even on top of the sign up bonus.

Read full review

Frequent flyer business owners are going to like the high-end perks offered by this card. With so many benefits, cardholders can realize several thousands of dollars in value even on top of the sign up bonus.

Read full review

Less

NextAdvisor

Savvy business charge card with potential for racking up significant rewards and travel benefits

The Business Platinum® Card from American Express (a NextAdvisor advertiser) is a smart choice for business customers interested in a no-interest charge card (because you pay your balance in full each month) with flexible spending limits and lots of extra perks.

Read full review

The Business Platinum® Card from American Express (a NextAdvisor advertiser) is a smart choice for business customers interested in a no-interest charge card (because you pay your balance in full each month) with flexible spending limits and lots of extra perks.

Read full review

Less

NerdWallet

Worth the fee for heavy travelers

from NerdWallet

If you travel a lot for business, the generous rewards and perks on this card could make the big fee seem like a bargain. Don't travel much? Then this isn't your card.

Read full review

If you travel a lot for business, the generous rewards and perks on this card could make the big fee seem like a bargain. Don't travel much? Then this isn't your card.

Read full review

Less

CreditCards.com

Rewards targeted to travelers and big spenders

from CreditCards.com

The Business Platinum Card from American Express offers great travel benefits and a large introductory bonus, but the spending requirement to earn the bonus is daunting, and many small business owners may be hard-pressed to spend enough to qualify for all of the card’s benefits.

Read full review

The Business Platinum Card from American Express offers great travel benefits and a large introductory bonus, but the spending requirement to earn the bonus is daunting, and many small business owners may be hard-pressed to spend enough to qualify for all of the card’s benefits.

Read full review

Less

Dough Roller

The best small business credit card on the market today

from Dough Roller

The Business Platinum Card from American Express has always been known to be one of if not the highest annual fee card in the game. $450 can be quite expensive for a business that does not take advantage of the benefits above often and American Express has a vast line of small business cards with...More

The Business Platinum Card from American Express has always been known to be one of if not the highest annual fee card in the game. $450 can be quite expensive for a business that does not take advantage of the benefits above often and American Express has a vast line of small business cards with no annual fees that may be a better suit for you. For businesses that find themselves in the air often, the Business Platinum Card from American Express is the best small business card money can buy.

Read full review

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Finder

Offers a premium travel experience to businesses

The American Express Business Platinum Card is aimed at business owners who spend thousands of dollars a month on air travel and are looking to use the luxury benefits this card offers. Considering the card’s $450 annual fee, it might not be ideal for your employees, unless they too spend hefty sums on traveling expenses.

Read full review

The American Express Business Platinum Card is aimed at business owners who spend thousands of dollars a month on air travel and are looking to use the luxury benefits this card offers. Considering the card’s $450 annual fee, it might not be ideal for your employees, unless they too spend hefty sums on traveling expenses.

Read full review

Less

User Reviews


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