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...
- Garrett Yarbrough, Holly D. Johnson, BankrateAlthough the annual fee seems steep, the Amex Business Platinum card could be unparalleled if you’re looking for a card with a premium pool of luxury travel perks—including a wealth of annual credits and reimbursements. In fact, the card’s recent update added up to $830 in new statement credits that...
- Ethan Steinberg, The Points GuyThe Business Platinum Card® from American Express is one of the best business rewards cards around thanks to its current elevated welcome bonus and the sheer number of value-added perks it offers cardmembers. While it requires some work to take full advantage of them, the effort can pay off with sav...
- JT Genter, Becky Pokora, ForbesThe Business Platinum Card’s $695 annual fee is going to be a large expense for many small businesses. For businesses that can take advantage of all of the card’s travel and shopping benefits, that expense will pay off. By maximizing the statement credits, lounge access and hotel elite status, small...
- Joshua Rodriguez, GOBankingRatesThe American Express Business Platinum Card best suits business owners who travel often, as travel purchases lead to the highest rewards. Cardholders don’t just enjoy rewards and savings but also have access to exclusive in-airport lounges in more than 140 countries around the world. Those who don’t...
- 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...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
17.99% ‐ 25.99% (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 | Yes |
| 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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