Am I eligible?
To get this card, you must also:
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...
- Dawn Papandrea, Khara Scheppmann, The BalanceIt is designed for big spenders who are on the road a lot and want to travel in style. It’s a premium card with top-notch benefits. Because of the high annual fee, you should make sure your business has the travel budget to make it worthwhile.
- Rebecca Lake, MyBankTrackerDesigned for business travelers who want to earn generous rewards and take advantage of premium travel benefits. This card could be a good fit if you travel often enough to earn back the annual fee in rewards value. On the other hand, a more basic travel card might be better if you don't want to pay...
- Miranda Marquit, FinanceBuzzWhether this card is worth it to you depends on your situation. For small business owners who have a lot of expenses and who travel a lot, the hefty annual fee can be worth it. There are a lot of travel-related perks that can easily make up for the fee as well, especially if you do a lot of business...
- Benilyn Formoso - Suralta, Fit Small BusinessThe American Express Business Platinum Card® is best for business owners who can pay their balance in full every month. This business card offers premium travel rewards and perks ideal for business owners who need to travel frequently.
- Ethan Steinberg, The Points GuyThe Amex Business Platinum Card is an excellent choice for business travelers with expenses in the new bonus categories and those that offer statement credits. While it might not be worth the money for all business owners, its travel perks are difficult, if not impossible, to beat.
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
14.99% ‐ 22.99% (Variable) On purchases eligible for Pay Over Time feature |
| 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 | $695.00 |
| 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 |
120000 points after spending $15,000 On purchases within the first 3 months. |
| Rewards | |
| All Purchases |
1 point per $1 spent |
| 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 |
|
| Features & Benefits | |
| Additional Card Holders |
The maximum number of Additional Cards issued on each Account is 99. |
| Travel Accident Insurance | No |
| 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 |
| Virtual Cards | Yes |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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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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