The Business Platinum Card® from American Express is a premium business credit card, ideal for companies that travel frequently, invest in high-end experiences, and aim to maximize rewards through high spending.
With airport lounge access, travel credits, and loyalty program perks, it could be the ideal credit solution your business needs. Here’s what it has to offer!
Key Features
The AmEx Business Platinum partners with airlines and hotel chains to provide elite benefits for entrepreneurs and executives who expect more from their corporate card. In addition, it delivers a powerful combination of luxury, flexibility, and financial control, with dedicated business support and digital tools for managing expenses.
Its standout features include a robust points program:
- 5x Membership Rewards® points on flights and prepaid hotels booked through the AmEx Travel portal
- 1.5x points on eligible purchases over $5,000 and in select business categories
It also includes protection for travel, car rentals, purchases, and emergency assistance. Additional employee cards can be issued with spending limits and expense tracking.
All accumulated points are part of the Membership Rewards® program and can be redeemed for travel, airline miles, shopping, or statement credits.
What Are the Top Benefits?
The Business Platinum is tailored for companies seeking premium recognition, access, and value on corporate spending. Some of the top benefits include:
- $200 annual airline credit for eligible flights booked through AmEx Travel
- $400 in tech and ad credits (e.g., Dell and Indeed)
- Access to 15+ AmEx Centurion Lounges in major international airports
- Travel insurance and global medical assistance
- Business expense management tools with reporting, accounting integration, and real-time tracking
- No preset spending limit, but the balance must be paid in full each month (charge card)
- Annual credits with partners like Dell, Indeed, Adobe, wireless services, and more (can exceed $1,000 in value)
- Unlimited access to airport lounges: Centurion Lounge, Priority Pass™, Delta Sky Club (where applicable)
- Complimentary elite status with programs like Hilton Honors™ and Marriott Bonvoy™
There’s also dedicated 24/7 customer support in English and Spanish for both the cardholder and authorized employees.
Rates and Terms
This card comes with a premium annual fee due to the level of perks it provides:
- Annual fee: $695 (subject to change)
- APR: N/A (no revolving interest, since the full balance must be paid each cycle; however, eligible purchases may qualify for installment plans through the Pay Over Time feature)
- Additional employee cards: free for basic cards; reduced fees apply for additional cards with full benefits
- Foreign transaction fee: $0 (no extra charges on international purchases)
For companies that travel frequently and utilize the available credits, the benefits can easily outweigh the annual cost.
Who Is It For?
The Business Platinum Card® from AmEx is ideal for:
- Companies that travel frequently or hold international meetings
- Businesses with large purchasing needs, especially in tech, advertising, and logistics
- Executives who value luxury perks and exclusive access
- Entrepreneurs who want to rapidly accumulate points and use them for travel and upgrades
- Teams that need additional cards with individual spending controls
It’s also a great option for startups and growing companies with healthy cash flow and international expansion goals.
How to Apply for This Card
If the Business Platinum sounds like a fit for your company, here’s how to apply:
- Go to the official American Express website
- Click on “Apply Now” and enter your business information (name, address, type of business, revenue, etc.)
- Provide your SSN or EIN along with the owner’s details
- Submit the application and wait for the decision—approval usually happens within minutes
- Once approved, your physical card will be mailed, and you can activate it through the AmEx app or website
You can also set up employee cards right after your account is opened.
Is the American Express Business Platinum Worth It?
For businesses with high spending and a focus on travel and technology, the Business Platinum Card® from American Express offers benefits that more than justify the annual fee. Lounge access, accelerated point earning, and valuable partner credits make this card a powerful tool to save money, build loyalty, and streamline financial management.
While it does come with a sizable annual fee and targets more established businesses, it delivers in status, rewards, and efficiency. That’s why it stands out as one of the top premium corporate cards on the market today.
All information in this and other BOISLA articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.
REFERENCES:
https://www.americanexpress.com/
Read more about credit cards in https://boisla.com/category/credit-cards/
