The Business Platinum Card® from American Express

The Business Platinum Card® from American Express

on American Express's website

The Business Platinum Card® from American Express

American Express is a NerdWallet Partner

The Business Platinum Card® from American Express

The Business Platinum Card® from American Express

on American Express's website

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Card details

  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.

  • Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.99% to 22.99% based on your credit worthiness and other factors as determined at the time of account opening.

  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.

  • Earn 1.5X points on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.

  • Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.

  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.

  • $189 CLEAR® Credit: Use your Card and get up to $189 back per year on your CLEAR® membership.

  • The American Express Global Lounge Collection® can provide an escape at the airport. With more than 1,400 airport lounges across 140 countries and counting, you have more lounge location options than any other credit card on the market as of 9/2021.

  • $695 Annual Fee.

  • Terms Apply.

Rates, fees & offers

  • Annual fee

    $695

  • Rewards rate

    1x-5x

  • Bonus offer

    Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of Card Membership. Terms Apply.

  • Intro APR

    N/A

  • Ongoing APR

    APR: 14.99%-22.99% Variable APR

    Penalty APR: 29.99%, Variable

  • Foreign transaction fee

    None

Recommended credit score

Compare to other cards

NerdWallet rating 
NerdWallet rating 
NerdWallet rating 
Learn more
Annual fee

$695

Annual fee

$99

Annual fee

$95

Regular APR

14.99%-22.99% Variable APR

Rates & Fees

Regular APR

16.24%, 20.24% or 25.24%, Variable APR

Rates & Fees

Regular APR

16.74%-23.74% Variable APR

Intro APR

N/A

Intro APR

0% intro APR for 15 months on balance transfers made within 45 days of account opening.

Intro APR

N/A

Recommended Credit Score
Recommended Credit Score
Recommended Credit Score

NerdWallet review

By Paul Soucy

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money.

Rating details

5

Editor's overall rating

Pros and cons

Pros
  • Lounge membership

  • Transfer partners

  • Bonus categories

  • Automatic elite status

  • Premium travel protections

Cons
  • High annual fee

  • Complicated rewards

  • Requires good/excellent credit

The Business Platinum Card® from American Express comes with rewards and perks galore, many relevant to the traveling small-business owner. But they come at the price of a large annual fee: $695

Among its rewards, this card earns 5 points on flights and prepaid hotels booked through the American Express Travel website; 1.5 points per dollar on individual purchases of $5,000 or more; and 1 point per dollar spent on everything else. Terms apply.

There's also an enticing welcome bonus: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Platinum Card within the first 3 months of Card Membership. Terms Apply.

It showers you with relevant perks, too, such as:

--$200 airline fee credit.

--Reimbursement for applications to Global Entry or TSA Precheck.

--Airport lounge access.

--Terms apply.

If you don’t travel or spend much, you might have difficulty reaping enough value to compensate for the sizable annual fee. But road warriors who spend big might find The Business Platinum Card® from American Express worth it.

For more information, see our full review of this card.

To view rates and fees of The Business Platinum Card® from American Express, see this page.