If you’re a business traveler who craves luxury and efficiency, the Amex Business Platinum Card might be your new favorite travel companion. With exclusive access to over 1,500 airport lounges worldwide and a significant welcome bonus, this card promises an exciting journey for business professionals.
Imagine reaping premium travel rewards while enjoying the highest level of comfort on your business trips. Amex Business Platinum Card delivers that and more, transforming each travel experience into an adventure filled with exclusive benefits which can counterbalance its high annual fee. Let’s explore why this card could be a valuable asset in your wallet.
Unmatched Rewards Potential
The Amex Business Platinum Card offers a compelling rewards program that could make any business trip feel like a holiday. Earn 5 points per dollar on flights and prepaid hotels via American Express Travel, and 1.5 points per dollar on select categories. Maximize your spending to unlock valuable points effortlessly.
With this card, you also earn 1 point per dollar on every other purchase. Whether you’re purchasing office supplies or booking a hotel, every dollar spent could bring you closer to your next travel adventure.
The card’s reward structure is particularly beneficial for businesses frequently incurring travel expenses, allowing for substantial savings and benefits.
Generous Welcome Offer
Starting with a bang, new applicants have a chance to earn a hefty 150,000 Membership Rewards points after spending $20,000 in the first three months. This amount could translate to $3,000 in travel value, making your spending immensely rewarding.
For businesses with high cash flow, meeting the spending requirement could be straightforward. For others, strategically managing expenses or pre-paying them may unlock this treasure trove of points sooner.
If this spending requirement is too steep, you may want to explore alternative cards with lower thresholds and fees.
Having a plan in place to reach this spending target can maximize the initial rewards incentive.
Exceptional Travel Perks
Amex Business Platinum cardholders enjoy access to one of the most comprehensive lounge programs around. From Centurion to Delta Sky Clubs, the card opens doors to premier airport lounges, offering a respite from the bustling terminals.
However, as of 2025, access to Delta Sky Clubs will be limited to 10 visits annually, unless you spend $75,000 to secure unlimited entries. This nuanced change emphasizes the need to carefully plan your travels to make the most of lounge visits.
Beyond lounges, Amex offers Gold status with Hilton Honors and Marriott Bonvoy, enhancing your stays with better earnings and upgraded services. It’s a reward that extends beyond flights and into your hotel experiences.
This card also grants elite car rental statuses and valuable purchase protections, adding layers of convenience and assurance to your journeys.
Offsetting the Annual Fee
Despite its $695 annual fee, the Amex Business Platinum Card offers credit benefits potentially summing over $1,500 annually. These can help soften the impact of the high fee.
From Dell to Adobe and Clear Plus memberships, the card offers credits across various business needs.
Utilizing these credits effectively ensures that the card pays for itself over time.
A smart use of these credits and rewards can lead to significant yearly savings.
Earning Reward Points
Membership Rewards are earned at 1.5 points per dollar for eligible purchases in categories like shipping and electronics. Purchases over $5,000 also qualify, allowing businesses to earn more.
Beyond these specific categories, earn a standard 1 point per dollar on other purchases, ensuring that every transaction contributes to your rewards pool.
Redeeming Your Points Wisely
Maximize value by transferring your points to Amex’s partners, including 21 airlines and hotels. This can significantly enhance the worth of each point you’ve earned.
The Pay with Points feature is another option, offering a 35% bonus on certain flights. This can boost your points’ value from 1 cent to 1.54 cents each.
While gift card and bill charges are redemption options, they may lower the value of your rewards.
Choose wisely to ensure you get the most out of every point.
Competitive Alternatives
If the Amex Business Platinum Card isn’t the perfect fit, there are alternatives. The American Express Business Gold Card offers different perks with a lower fee.
Meanwhile, the Chase Ink Business Preferred Credit Card earns points on everyday business expenses like travel and communications, providing flexible earning categories.
Both alternatives provide competitive rewards and might cater to different spending habits and business needs.
The Bottom Line
The Amex Business Platinum Card is a smart choice for businesses that spend significantly on travel or benefit from its many perks. While the fee is high, the array of benefits can easily outweigh it for the right user.
It’s a must-have for those seeking to elevate their business travel experiences. Consider your business’s unique spending patterns when deciding if this card is worth the investment.
In essence, the Amex Business Platinum Card isn’t just a card; it’s a gateway to a premium travel experience for business owners. Its high rewards and luxurious benefits make travel an exhilarating part of doing business.
