Key takeout
-
The American Express Business Platinum Card offers a range of benefits, including travel perks, insurance and business statement credits, making it a valuable option for small business owners despite the high annual fees.
-
The card’s return rate is not as impressive as other premium business cards.
-
Take advantage of as many card credits and perks as possible to maximize your value.
American Express Business Platinum Card It is considered one of the top premium credit cards for small business owners, and I have no choice but to agree. Justify high annual fees. However, you should check how to squeeze this value out before committing to the card for a long period of time. Let’s take a look at everything you need to know about the perks and benefits of Amex Business Platinum.
Profit at a glance
Amex Business Platinum is not optimal through Amex Travel when it comes to airfares and compensation fees for non-prepaid hotel booking expenses. However, perks and credits are where this card really shines. Each card will earn membership rewards worth approximately 2.0 cents. Bank rate evaluation. Here’s what you’ll earn from Amex Business Platinum:
Reward Rates and Welcome Offers
- After spending $20,000 in the first three months, you earn 150,000 membership reward points. The offer will expire on 6/30/25.
- Earned a $500 statement credit after spending $2,500 on a qualifying flight or American Express trip booked directly with the airline® Use your card for the first 3 months. You can earn one or both of these offers. The offer will expire on 6/30/25.
- 5x points (10% value) for flights and prepaid hotels booked on amextravel.com
- Double points on prepaid short-term rentals, prepaid car rentals, vacation packages (flight + hotel packages), or cruise bookings booked through amextravel.com (value 4%)
- 1.5x points per calendar year for US construction materials and hardware suppliers, US electronic goods retailers and software and cloud systems providers, US delivery providers, and eligible purchases with eligible purchases of $5,000 or more. Purchases that qualify for multiple bonuses will only receive the best eligible bonus. (3%)
- 1x Points (2% Value) on all other purchases
Amex Business Platinum Statement Credit
| advantage | Maximum annual value |
|---|---|
| Hilton Statement Credit (up to $50 per quarter) | $200 |
| AIR Accompanying Statement Credit | $200 |
| Clear®Plus Statement Credit | $199 |
| Dell Statement Credit (as of 7/1/2025) | $150 |
| Wireless Statement Credit (up to $10 per month) | $120 |
| Certainly statement credits (up to $90 per quarter) | $360 |
| Annual fees | –$695 |
| Total value | $534 |
Travel perks and statement credits
Amex Business Platinum offers many travel perks that can offer exceptional value to frequently travelling SME owners.
The benefits of travel protection
The Amex Business Platinum card comes with some great items too Travel protection When you pay for your trip with your card. Also, like most premium travel cards, you will not be charged a foreign transaction fee for your purchases overseas. Let’s take a look at the protection and coverage levels offered.
Benefits for Business
In addition to all AMEX Business Platinum Travel perks you can qualify for, several business-related perks and statement credit offers are available. If your business can take advantage of these benefits, it is much easier to justify the higher costs of your cards.
Maximize Amex Business Platinum
The Amex Business Platinum comes with a large amount of money. $695 Annual fees that use many credits and perks on the card can make it a long-term keeper. Here are some tips to maximize the value of your card:
Get a welcome bonus
One of the easiest ways to maximize your new card right away is to ensure you get a welcome bonus. Amex Business Platinum regularly has one of the best welcome offers, but comes with the important ones Minimum Expense Requirements. The ideal time to find this card is when you have a large expense pending that you won’t get category bonuses on another card. Whatever you choose, make sure you have a plan to meet the requirements within the time frame. Otherwise, you will miss a large initial value.
Maximize your credits
AMEX Business Platinum’s return rate is not spectacular, Your focus should be on maximizing as many credits as possible on your card. The card is provided by Statement Credit $1,629. It’s unlikely that you can maximize all your dollars, but if that makes sense, try to use it as much as possible. If you are not using enough use to offset $695 Annual fee, this card may not be for you. Here are some things to keep in mind:
- Please read the detailed print. For example, some offers only work in-store and not online.
- Make sure you sign up for the perks you require before purchasing. Be careful if your credits are categorized into monthly, quarterly, semi-annual or annual increments.
- Plan ahead if necessary to get the largest possible return from many credits on your card.
Take advantage of Amex offers
addition Amex Offer Your card is a great way to save money and earn additional rewards when making a qualifying purchase with participating merchants. Amex offers are free to use and offer valuable savings on a variety of purchases. If you find an offer for merchants you need to shop with anyway, I recommend using the offer to adjust your spending to lock your savings.
Sign up for Amex Trifecta
You can even maximize your Amex business platinum. Amex Trifecta. Combining various Amex card perks and rewards gives you great benefits while maximizing your spending and earning rewards promoted upon purchase. All membership reward points are pooled together, making it easy to quickly improve your balance with your personal and business card combination.
You can add to increase your reward revenue and create a business card triple American Express® Business Gold Card and American Express BlueBusiness® Plus Credit Card. This combination earns 4x points per month in the top two eligible categories (up to $150,000 per year, 1x, 1x) for general purchases from Blue Business Plus (up to $50,000 per year, 1x). Amex Business Platinum acts as a perks and profit provider for your combination, offering 5x more airfares and prepaid hotels booked through Amextravel.com.
Redemption of membership rewards
Transfer to hotel and airline partner
American Express Membership Rewards It is some of the most flexible and valuable rewards you can earn. Based on the latest evaluationEach evaluates membership rewards at approximately 2.0 cents. You can also redeem points Statement Creditgift cards or items.
Transfer your points to any of Amex’s 17 airlines or three hotel partners and get the best value from them.
Amex airline partners typically offer transfers at a 1:1 rate in increments of 1,000 points. Below is a chart of Amex’s 17 airline partners, their transfer ratios and estimated transfer times:
| Airline partners | Transfer ratio | Transfer Time |
|---|---|---|
| aer lingus | 1,000: 1,000 | instant |
| Aeromexico | 1,000: 1,600 | instant |
| plane | 1,000: 1,000 | instant |
| Air France/KLM Flying Blue | 1,000: 1,000 | instant |
| Ana Mileage Club | 1,000: 1,000 | 1-3 days |
| Avianca Lifemiles | 1,000: 1,000 | instant |
| British Airways Executive Club | 1,000: 1,000 | instant |
| Cathay Pacific Asia Mile | 1,000: 1,000 | 1-3 days |
| Delta Sky Meal | 1,000: 1,000 | instant |
| Emirates Skyward | 1,000: 1,000 | instant |
| Etihad Guest | 1,000: 1,000 | instant |
| Hawaiian Airlines Hawaiian Mile | 1,000: 1,000 | instant |
| Iberia Plus | 1,000: 1,000 | 1-3 days |
| JetBlue TrueBlue | 250:200 | instant |
| Qantas Frequent Flyer | 500:500 | instant |
| Qatar Airways Privileged Club | 1,000: 1,000 | One day |
| Krisflyer from Singapore Airlines | 1,000: 1,000 | 1-2 days |
| Virgin Atlantic Flying Club | 1,000: 1,000 | 1-2 days |
While not the most valuable option in general, you can also use points to transfer to three hotel partners in Amex. However, it may be useful if you close your balance for future redemptions and offer bonus promotions. The travel ratio and time are as follows:
| Hotel partner | Transfer ratio | Transfer Time |
|---|---|---|
| Hilton’s Honor | 1,000: 2,000 | instant |
| Selection privilege | 1,000: 1,000 | instant |
| Marriott Bonboy | 1,000: 1,000 | instant |
Redemptions on amextravel.com
You can also redeem your membership reward points when booking your trip through Amextravel.com, which functions in the same way as other third-party booking sites. However, the value will vary depending on what you book, and you can usually get better value using points for your transfer partner. Instead, if you pay to book a flight or prepaid hotel with Amex Business Platinum, you may be better off earning 5x points. Here are the value you can get for a variety of travel bookings:
- 1.0 cents per flight point
- 0.7 cents per point for booking a prepaid hotel
- 0.7 cents per point on a cruise booking
- 0.7 cents per point on vacation package
Other redemption options
Other available redemption options are worth between 0.5 cents and 1.0 cents per point. Here’s what you get for other options:
- Statement Credit/Fee Points: 0.6 cents per point
- Gift Card: Up to 1.0 cents per different points
- Choose a retailer: 0.7 cents per point
- Charitable donations: 500,000 points per year, 0.5 cents per point donation per point
- New York City Taxi Fares: 1.0 cents per point
Expert opinions on Amex Business Platinum
Amex Business Platinum is an expensive premium business card, but it can be worth far more than the cost. Here, our experts will help you incorporate the cards and shape your opinion on whether you are right for you.
How to rank Amex Business Platinum
The Amex Business Platinum is available on some of the “best of” business cards lists. This is where and why our experts think Amex Business Platinum is a top candidate.
Conclusion
Don’t be scared at the high asking price: Many benefits of Amex Business Platinum allow you to make the value of your card easier, even before you take into account the revenue you earn. If you are a business owner with travel needs who want to go with the luxury perks to go with travel and business credits, this is the card for you.
*Information about the Hilton Honors American Express Aspire Card is collected independently by Bankrate.com. Card details have not been reviewed or approved by the card issuer.