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Business Platinum Card® from American Express review

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Advertiser Disclosure

Annual Fee
Interest Rate: Purchases
14.99% ‐ 22.99% (Variable)
Interest Rate: Purchases
14.99% ‐ 22.99% (Variable)
Balance Transfer
Balance Transfer
1 - 5 points
1 - 5 points
Signup Bonus
120000 points (after spending $15,000)
Signup Bonus
120000 points (after spending $15,000)

Informr score
The Business Platinum Card® from American Express currently has an Informr score of 8.6 out of 10. This score is based on our evaluation of 26 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...

The Balance
The Balance

It 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.

- Dawn Papandrea, Khara Scheppmann, The Balance

Designed 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...

- Rebecca Lake, MyBankTracker

Whether 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...

- Miranda Marquit, FinanceBuzz
Fit Small Business
Fit Small Business

The 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.

- Benilyn Formoso - Suralta, Fit Small Business
The Points Guy
The Points Guy

The 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.

- Ethan Steinberg, The Points Guy


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.

Sign up bonus 120000 points after spending $15,000

On purchases within the first 3 months.

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
  • Earn 1.5 points per $1 spent on business categories & purchases of $5000 or more on up to $2 million of these purchases per calendar year.
  • Get 50% More Points on Purchases of $5000 or more.

  • Use points for flights and Get 35% Points Back.
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

  • Baggage Insurance Plan
  • Access to The American Express Global Lounge Collection
  • Fee Credit for Global Entry or TSA Pre✔
  • Starwood Gold Elite Status
  • Hilton Honors Gold Status
  • Preferred Seating Program
  • Up to $400 annual Dell statement credit
  • Trip Cancellation and Interruption Insurance
  • Trip Delay Insurance
  • Return Protection
  • Cell Phone Protection
  • Get up to $179 back per year on your membership with CLEAR®
  • Up to $360 annual Indeed statement credit
  • Up to $150 back per year for select subscription purchases with Adobe on the Business Platinum Card. Enrollment required.
  • Up to $120 back per year for wireless telephone service purchases on the Business Platinum Card. Enrollment required.
Minimum Security Deposit $0
Minimum Age 18
Minimum Personal Income
Temporary Residents No
Additional comments -
Terms & Conditions Official Terms & Conditions
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