The Business Platinum Card® from American Express
American Express · Amex
4.5/5 RatingExcellent (720+)
Key Details
- Annual Fee
- $695
- Regular APR
- N/A (Pay Over Time: 19.49%–27.49%)
- Intro APR
- N/A
- Foreign Transaction Fee
- None
- Balance Transfer Fee
- N/A
- Rewards Rate
- 1x–5x points
Sign-Up Bonus
120,000 points after spending $15,000 in first 3 months
Rewards Structure
- Flights & prepaid hotels via Amex Travel5x
- U.S. purchases over $5,000 (up to 1M additional points/year)1.5x
- All Other Purchases1x
Pros
- ✓Huge sign-up bonus (120,000 points)
- ✓Centurion Lounge access
- ✓$200 airline fee credit
- ✓35% airline bonus on Pay with Points
- ✓Dell, Indeed, and wireless credits
Cons
- ✗Very high $695 annual fee
- ✗High spending requirement for bonus
- ✗Credits require specific merchants
- ✗Only 1x on most purchases
Who Should Get This Card?
High-spending business owners who fly frequently and can use the extensive credits. Best for businesses spending $20,000+/month.