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Business Platinum Card from American Express Review 2025: Is It Worth It?

Sep 10, 2025
The Business Platinum Card from American Express is loaded with travel perks and earns 1.25 reward points per eligible $1 spent.
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The Business Platinum Card® from American Express, also called the Amex Business Platinum, is chock-full of enticing travel perks and features an uncomplicated rewards structure for everyday spending.

Annual fee$799
Interest ratesVaries
APPLY NOW
on American Express' website

Business Platinum Card® from American Express full review

The Business Platinum Card® from American Express is a premium rewards card built for small businesses. It earns 1.25 Membership Rewards points for every $1 spent on nearly all purchases, excluding fees, interest and cash equivalents.

This card is a strong fit for business owners who want flexible repayment, straightforward rewards, and a robust suite of travel and insurance benefits, plus flexibility in both spending power and payment structure.

If your business involves frequent travel or large monthly expenses, this card’s premium features — like lounge access, hotel upgrades, and comprehensive insurance — could offer significant value.

Benefits of the Business Platinum Card® from American Express

The Business Platinum Card® offers more than just points — it’s designed to support business owners with a combination of flexible spending, luxury travel perks, and helpful business tools.

As a charge card, it gives you the freedom to make large purchases with no pre-set spending limit and repay them with up to 55 interest-free days, depending on when your purchases are made. You can also divide your balance into ‘Due in Full’ and ‘Flexible Payment’ portions — the latter has a much lower interest rate (21.99%).

Travellers can tap into an extensive network of airport lounges, enjoy airport transfers, access discounts on airfare and car rentals, and unlock upgrades at premium hotels. If you're flying out of Toronto Pearson, you’ll benefit from exclusive perks like valet service and parking discounts.

Beyond travel, the card includes business management tools to help track expenses and manage your account more efficiently — plus access to special entertainment experiences and presale ticket opportunities with Amex Front of the Line®.

Is the Business Platinum Card® from American Express worth it?

Whether the Business Platinum Card® is worth it depends on how much your business spends — and how often you travel. With a $799 annual fee, you’ll want to be confident you’re getting enough value back through rewards, travel perks, and savings.

Beyond the welcome offer, the card provides value through airport lounge access, hotel benefits, car rental discounts, and strong insurance coverage. It’s best suited for businesses that travel frequently and can take full advantage of its extras.

If your business is more local or doesn’t involve much travel, a lower-fee business card may be a better fit.

American Express customer ratings

  • Above average in customer satisfaction: American Express ranks first out of 14 issuers in J.D. Power’s 2025 Canada Credit Card Satisfaction Study.

  • Poor Trustpilot rating: 1.4 out of 5 possible stars based on more than 4,800 customer reviews at the time of this writing.

  • Poor Better Business Bureau rating: 1.1 out of a possible 5 stars, according to more than 550 customer reviews on the Better Business Bureau website, at the time of this writing.

  • Poor Customer Service Scoreboard rating: 36.46 out of a possible 200, based on over 330 ratings at the time of this writing.

Business Platinum Card® from American Express eligibility

To qualify for the Business Platinum Card® from American Express, you must:

  • Be a Canadian resident.

  • Have a Canadian credit file.

  • Be at least the age of majority for your province or territory.

While American Express doesn’t disclose this information on its site, there may be annual income requirements associated with the Business Platinum Card® from American Express.

Canadian credit card issuers rarely disclose required credit scores, which makes it hard to know your chances of approval when comparing credit cards. We know that higher scores have better chances of approval — that’s true no matter what type of credit you’re applying for.

Want to learn more? Visit our “What Credit Score is Needed for a Credit Card?” page.

Business Platinum Card® from American Express rewards

New Business Platinum® Cardmembers can earn up to 120,000 Membership Rewards® points — that’s up to $1,200 in statement credits, according to Amex:

  • Earn 80,000 points when you spend $15,000 in your first 3 months of cardmembership.

  • Earn 40,000 more points when you make a purchase between months 15 and 17 of cardmembership.

Point value breakdown

The value of an American Express Membership Rewards point varies on the redemption method you choose, but you can expect to get around 0.6 to 11.52 cents per point, according to NerdWallet analysis.

  • 11.52 cents per point for hotel redemptions.

  • 1.74 cents per point for business class air fare redemptions.

  • 1.42 cents per point for economy class air fare redemptions.

  • 1 cent per point for statement credits.

  • 0.76 cents per point for gift cards.

  • 0.65 cents per point for merchandise.

Business Platinum Card® from American Express vs The Platinum Card® from American Express

Annual fee$799
Interest rates
Varies
Intro offer
Up to 120,000 Points
Recommended credit score560-900
APPLY NOW
on American Express' website

Annual fee$799
Interest rates
Varies
Intro offer
Up to 100,000 Points
Recommended credit scoreN/A
APPLY NOW
on American Express' website

Reasons you might want a different card

The Business Platinum Card® from American Express may not be a practical fit for your small business if:

  • You don’t want to pay an annual fee of $799.

  • You don’t travel enough to enjoy the card’s travel extras.

  • You’d prefer a card that offers an accelerated rewards rate in specific spending categories.

Business Platinum Card® from American Express facts

Methodology

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NerdWallet Canada selects the best credit cards based on overall consumer value as well as their suitability for specific kinds of consumers. Factors in our evaluation methodology include each card’s earning rates, rewards structure (such as flat-rate or bonus categories), annual fee, redemption options, promotional APR period for purchases, bonus offers for new cardholders, and noteworthy features such as insurance, loyalty bonuses or the ability to choose one’s own rewards categories.

Frequently asked questions


American Express doesn’t publicly disclose annual income requirements for its Business Platinum Card® from American Express. You must provide your annual income during the application process, which may be a factor during card approval.

American Express has three Platinum credit cards in its roster: The Platinum Card® from American Express (aka Amex Platinum), Business Platinum Card® from American Express (aka the Amex Business Platinum) and Amex Corporate Platinum.