
The Business Platinum Card® from American Express
on American Express' website
The Business Platinum Card® from American Express
American Express is a NerdWallet Partner
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.
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 (that’s an extra half point per dollar) 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, including tech, recruiting and wireless with the Business Platinum Card.
$200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Card or any of the Additional Cards on your Platinum Card account.
$189 CLEAR® Credit: CLEAR® uses biometrics to assign you a touchless ID, allowing you to move faster through security at select airports and stadiums across the U.S. You can cover the cost of a CLEAR membership with up to $189 in statement credits per calendar year after you pay for CLEAR with your Business Platinum Card®.
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: 18.49%-26.49% Variable APR
Penalty APR: 29.99%, Variable
Foreign transaction fee
None
Recommended credit score
Compare to other cards
Learn more | Learn more | |
Annual fee$695 | Annual fee$99 | Annual fee$199 |
Regular APRSee Terms | ||
Intro APRN/A | Intro APR0% intro APR for 15 billing cycles on balance transfers made within 45 days of account opening. | Intro APRN/A |
Recommended Credit Score |
Recommended Credit Score |
Recommended Credit Score |
NerdWallet review
By Paul Soucy
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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.