Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
Business owners who value premium perks will appreciate what The Business Platinum Card® from American Express offers. You'll receive access to more than 1,550 airport lounges, shopping and travel credits and much more. Few business cards can match the benefits provided by this premium card.
Below, CNBC Select breaks down the rewards, benefits and fees of The Business Platinum Card to help you decide if it's the right choice for your business.
The Business Platinum Card from American Express is a premium business card loaded with statement credit offers for business services and travel that help justify its steep annual fee.
- Access to 1,550 airport lounges, including Priority Pass (Enrollment required) and Amex Centurion lounges
- Hotel and rental car elite status perks
- Earns flexible rewards you can transfer to 20+ airline and hotel loyalty programs (Enrollment required for select benefits mentioned; Benefits may be subject to auto-renewal)
- High annual fee
- Limited bonus spending categories
- Some statement credit offers are earned in small increments or only apply to purchases from a single brand
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Elevated Welcome Offer: Earn 200,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Business Platinum Card® within the first 3 months of Card Membership.Â
- The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,550 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card company on the market as of 07/2025.Â
- See how you can unlock over $3,500 in business and travel value annually after meeting qualifying spend thresholds on the Business Platinum Card. Terms apply.Â
- Get up to $300 in statement credits semi-annually for up to a total of $600 in statement credits per calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using the Business Platinum Card®. The Hotel Collection requires a minimum two-night stay.Â
- No Preset Spending Limit: The spending limit on the Business Platinum Card is flexible, so unlike a traditional credit card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment and credit history.Â
- Make the Business Platinum Card® work even harder for you. Hilton for Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Gift cards are not an eligible purchase. Benefit enrollment required.Â
- Fly like a pro with a $200 Airline Fee Credit. Select one qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.Â
- Use the Business Platinum Card and get up to $209 back per calendar year on your CLEAR® Plus Membership (subject to auto-renewal).Â
- Maximize your time away with Fine Hotels + Resorts through Amex Travelâ„¢.Â
- Enroll and get up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same Card per calendar year.Â
- Enroll and get a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year on the Business Platinum Card.Â
- Get up to $90 in statement credits quarterly for purchases with Indeed on the Business Platinum Card. That's up to $360 back per year. Enrollment required.
- Get up to $10 in statement credits per month for wireless telephone service purchases made directly with a wireless provider in the U.S. on the Business Platinum Card. That's up to $120 back per year. Enrollment required.
- Enhanced! 2X points on purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.Â
- 5X points on flights and prepaid hotels on AmexTravel.comÂ
- 1X points on other eligible purchasesÂ
- $895 Annual Fee.Â
- Terms Apply.
- See Rates & Fees
Welcome bonus
Once you're approved for The Business Platinum Card® from American Express, you can earn 200,000 Membership Rewards® points after spending $20,000 on eligible purchases within the first three months of card membership.
After meeting the minimum-spending threshold, you'll end up with at least 220,000 Membership Rewards® points. These points can be transferred to several airline and hotel partners making them quite valuable. Travel rewards experts typically value Amex Membership Rewards® points at two cents each. At that valuation, the points you could earn would be worth $4,400 in travel.
Benefits and perks
The Business Platinum Card® offers a long list of benefits. Even if you can't use them all, it's not difficult to justify paying the card's $895 annual fee (see rates and fees).
Statement credits
- Up to $600 hotel credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels and Resorts or The Hotel Collection bookings (The Hotel Collection requires a two-night minimum stay).
- Up to $1,150 in Dell credits: Earn $150 in statement credits on U.S purchases directly with Dell and an additional $1,000 statement credit after you spend $5,000 or more per calendar year on these purchases (enrollment required).
- Up to $360 in Indeed credit: Receive up to $90 in statement credits per quarter for purchases made at Indeed.com (enrollment required).
- Up to $120 in wireless credits: Receive up to $10 back per month for wireless phone service purchases made directly with U.S. providers (enrollment required).
- Up to $200 in annual Hilton statement credit: Get up to $50 in statement credits per quarter for purchases you make directly with Hilton (Hilton for Business membership required; benefit enrollment required; Gift cards are not an eligible purchase).
- Up to $250 in Adobe credit: Receive $250 in statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year (enrollment required).
- Up to $120 in wireless credit: Earn up to $10 per month in statement credits for purchases made directly with any U.S. wireless telephone provider (enrollment required).
- Up to $209 in CLEAR+ credit: Get up to $209 back per calendar year for a CLEAR+ membership (subject to auto-renewal; excluding applicable taxes and fees).
- Up to $200 in airline fee credits: Receive up to $200 back per calendar year for incidental fees charged by your selected qualifying airline (enrollment required).
- Receive either a statement credit every 4 years after you apply for Global Entry ($120) or a statement credit every 4.5 years after you apply for a five-year membership for TSA PreCheck® (up to $85 through a TSA PreCheck official enrollment provider) and pay the application fee with your Business Platinum Card®. If approved for Global Entry, at no additional charge, you will receive access to TSA PreCheck. Each Additional Card on eligible Card accounts is also eligible for one statement credit for an application fee for a five-year membership every 4 years for Global Entry or every 4.5 years for TSA PreCheck. To receive the statement credit, the application fee must be charged on the eligible Additional Card.
You can also receive over $3,000 in additional statement credits after spending $250,000+ on eligible purchases in a calendar year, which unlocks these benefits to use the following calendar year:
- Up to $1,200 in statement credits for flights booked through AmexTravel.com
- Up to $2,400 in statement credits for Amex One AP monthly fees (Amex's account payable service)
Additional benefits
- Complimentary access to 1,550+ airport lounges with the American Express Global Lounge Collection®
- Earn 35% of your points back (up to one million points back per calendar year) when you book through Amex Travel and Pay with Points for a flight with your selected qualifying airline
- Access to the Fine Hotels + Resorts program. Receive benefits including, room upgrades, late check-out, early check-in, complimentary breakfast for two and a $100 credit (some benefits are based on availability)
- Complimentary Gold status with Hilton Honors and Marriott Bonvoy and Leaders Club Sterling Status (enrollment required; terms and limitations apply)
- Travel insurance and *purchase protections
- *Car rental privileges with Avis, Hertz and National, including discounts and upgrades. Enrollment is required. Terms and limitations apply.Â
- No foreign transaction fees (see rates and fees)
*Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
How to earn and redeem Membership Rewards® points
Earning
The Business Platinum Card® earns American Express Membership Rewards points at the following rates:
- 5X points on flights and prepaid hotels booked on AmexTravel.com
- 2X points on purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
- 1X points on other eligible purchases
Redeeming
Unlike some travel cards that earn rewards tied to one airline or hotel, The Business Platinum Card® earns transferable rewards points. You can transfer Membership Rewards points to these airline and hotel loyalty program partners at a 1:1 ratio, except where noted otherwise:Â
- Aer Lingus AerClub
- AeroMexico Rewards (1:1.6)
- Air Canada Aeroplan
- AirFrance/KLM Flying Blue
- ANA Mileage Club
- Cathay Pacific
- Avianca LifeMiles
- British Airways Executive Club
- Delta Air Lines SkyMiles
- Emirates Skywards (1:0.8)
- Etihad Guest
- Hawaiian Airlines HawaiianMiles
- Iberia Plus
- JetBlue TrueBlue (1.25:1)
- Singapore Airlines KrisFlyer
- Qantas Frequent Flyer
- Qatar Airways Privilege Club
- Virgin Atlantic Flying Club
- Choice Privileges
- Hilton Honors (1:2)
- Marriott Bonvoy
Once you have racked up a significant amount of points, you can start thinking about transferring them to any of the American Express transfer partners. Each airline or hotel program has different processing times and award prices. You may need to pay an excise tax to transfer points (depending on the partner), and your points may not transfer instantly.
You can also redeem points for gift cards, statement credits or to make purchases with eligible brands. However, these redemptions usually are less valuable than taking advantage of the best Amex transfer partners.
Rates and fees
The Business Platinum Card® has a hefty $895 annual fee*. It does not have any foreign transaction fees*.
*See rates and fees.
Card comparison
The Business Platinum Card® from American Express vs. American Express Platinum Card®
The American Express Platinum Card® is a premium card loaded with annual statement credits, entertainment benefits, extensive airport lounge access, elite status perks and more. (Enrollment required for select benefits mentioned)
- Access to 1,550+ airport lounges, including Priority Passâ„¢ Select lounges (enrollment required) and Amex Centurion lounges
- Statement credit offers worth up to twice what the annual fee costs
- Elite status perks for hotels and rental cars (Enrollment required for select benefits mentioned)
- High annual fee
- Many statement credit offers are complicated and are earned in increments or limited to specific purchases
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- You may be eligible for as high as 175,000 Membership Rewards® points after you spend $12,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you're approved and find out your exact welcome offer amount – all with no credit score impact. If you're approved and choose to accept the Card, your score may be impacted.Â
- Get more for your travels with 5X Membership Rewards® points on all flights and prepaid hotel bookings through American Express Travel®, including Fine Hotels + Resorts® and The Hotel Collection bookings. You earn 5X points on flights purchased directly from airlines or through American Express Travel® on up to $500,000 on these purchases per calendar year.Â
- With over 1,550 airport lounges - more than any other credit card company on the market* - enjoy the benefits of the Global Lounge Collection®, over $850 of annual value, with access to Centurion Lounges, 10 complimentary Delta Sky Club® visits when flying on an eligible Delta flight (subject to visit limitations), Priority Pass Select membership (enrollment required), and other select partner lounges.* As of 07/2025.Â
- $200 Uber Cash + $120 Uber One Credit: With the Platinum Card® you can receive $15 in Uber Cash each month plus a bonus $20 in December when you add your Platinum Card® to your Uber account to use on rides and orders in the U.S when you select an Amex Card for your transaction. Plus, when you use the Platinum Card® to pay for an auto-renewing Uber One membership, you can get up to $120 in statement credits each calendar year. Terms apply.Â
- $300 Digital Entertainment Credit: Experience the latest shows, news and recipes. Get up to $25 in statement credits each month when you use your Platinum Card® for eligible purchases on Disney+, a Disney+ bundle, ESPN streaming services, Hulu, The New York Times, Paramount+, Peacock, The Wall Street Journal, YouTube Premium, and YouTube TV when you purchase directly from one or more of the providers. Enrollment required.Â
- $600 Hotel Credit: Get up to $300 in statement credits semi-annually on prepaid Fine Hotels + Resorts® or The Hotel Collection* bookings through American Express Travel® using the Platinum Card®. *The Hotel Collection requires a minimum two-night stay.Â
- $400 Resy Credit + Platinum Nights by Resy: Get up to $100 in statement credits each quarter when you use the Platinum Card® to make eligible purchases with Resy, including dining purchases at U.S. Resy restaurants. Enrollment required. Plus, with Platinum Nights by Resy, you can get special access to reservations on select nights at participating in demand Resy restaurants with the Platinum Card®. Simply add your eligible Card to your Resy profile to book and discover Platinum Nights reservations near you.
- $209 CLEAR+ Credit: CLEAR+ helps get you to your gate faster by using your face to verify you are you at 55+ airports nationwide. You can cover the cost of a CLEAR+ Membership* with up to $209 in statement credits per calendar year after you pay for CLEAR+ with your Platinum Card®. *Excluding any applicable taxes and fees. Subject to auto-renewal.Â
- $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees, such as checked bags and in-flight refreshments, are charged by the airline to the Platinum Card® Account. American Express relies on airlines to submit the correct information on airline transactions to identify incidental fee purchases. If you do not see a credit for a qualifying incidental purchase on your eligible Card after 8 weeks, simply call the number on the back of your Card. Qualifying airlines are subject to change. See terms & conditions for more details.Â
- Start your vacation sooner, and keep it going longer. When you book Fine Hotels + Resorts® through American Express Travel®, enjoy noon check-in, when available, and guaranteed 4PM check-out.Â
- $300 lululemon Credit: Enjoy up to $75 in statement credits each quarter when you use the Platinum Card® for eligible purchases at U.S. lululemon retail stores (excluding outlets) and lululemon.com. That's up to $300 in statement credits each calendar year. Enrollment required.Â
- $155 Walmart+ Credit: Receive a statement credit* for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with the Platinum Card®.* Up to $12.95 plus applicable local sales tax. Plus Ups not eligible.Â
- Whenever you need us, we're here. Our Member Services team will ensure you are taken care of. From lost Card replacement to statement questions, we are available to help 24/7.Â
- $895 annual fee.Â
- Terms Apply.
- See Rates & Fees
Balance transfer fee
N/A
Foreign transaction fee
None
The Platinum Card® is similar to the Amex Business Platinum. Both cards earn Amex Membership Rewards® Points and offer the same airport lounge access, hotel elite status benefits, luxury concierge services, statement credits for airline fees and CLEAR+ membership credits.
However, the Amex Platinum is a personal card with a slightly different set of perks. It offers additional credits and benefits with Uber*, Saks Fifth Ave.*, lululemon*, Oura*, Walmart (subject to auto-renewal), hotels, digital entertainment* and more.
If you don't qualify for a business card or don't need a business card, the Platinum Card® gets you access to many of the same luxury benefits.
*enrollment required
Learn more: The Platinum Card®
The Business Platinum Card® from American Express vs. Ink Business Preferred® Credit Card
The Ink Business Preferred® Credit Card is an excellent business card with useful benefits, valuable rewards and a generous welcome bonus.
- Earns flexible travel rewards you can transfer to airline and hotel loyalty programs such as World of Hyatt, Southwest Rapid Rewards and many more
- Valuable welcome bonus worth $1,125 in travel when redeemed through Chase Travel
- Strong travel and shopping protections
- No intro APR offer
Highlights
Highlights shown here are provided by the issuer and have not been reviewed by CNBC Select's editorial staff.
- Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening.
- Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
- Earn 5x total points on Lyft rides through 9/30/27.
- With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
- Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
- Go further when you book with Chase TravelSM. Enjoy competitive rates, seamless booking and premium benefits.
- Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
- Receive complimentary access to DashPass by DoorDash.
- Member FDIC
Balance transfer fee
Either $5 or 5% of the amount of each transfer, whichever is greater
The Ink Business Preferred® Credit Card (see rates and fees) has a more reasonable $95 annual fee and earns rewards that you can transfer to 14 travel partners at a 1:1 ratio.
It also earns more rewards than the Business Platinum for common business expenses, including (most) travel, shipping, internet, cable and phone services, and advertising (with social media sites and search engines).
The Amex Business Platinum offers a better array of premium perks, such as airport lounge access. However, for many businesses, it may not be worth the additional expense.
Learn more: Ink Business Preferred® Credit Card
Is the Amex Business Platinum Card right for you?
The Business Platinum Card is best for small business owners who can use its many travel benefits, such as airport lounge access and airline fee statement credits. Otherwise, the $895 annual fee (see rates and fees) may not be worth it.
Business owners who want to earn flexible rewards, but can't justify paying a high annual fee will appreciate the Ink Business Preferred® Credit Card ($95 annual fee). It earns transferrable Chase Ultimate Rewards® points, has a generous rewards structure and a long list of travel and shopping insurance benefits.
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For rates and fees of The Business Platinum® Card from American Express, click here.
For rates and fees of the American Express Platinum Card®, click here.
