(Update: This card has been updated with new statement credits, an improved welcome offer, and the announcement that the annual fee will increase to $595 to $695 for applications received on or after 1/13/2022. Consider applying for this card while the annual fee is $100 less but the new perks are already in place.)

The Business Platinum® Card from American Express is the ultra-premium AmEx business card with a very long list of new perks and statement credits. You also get the best airline lounge access program (Delta Sky Club + their own Centurion lounges) and an improved welcome offer. I’ve tried to keep it brief, but there is a lot to cover:

  • 120,000 Membership Rewards points after you spend $15,000 on eligible purchases with your Card in the first 3 months.
  • 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
  • 5X points on flights and prepaid hotels on amextravel.com.
  • 1.5X points per dollar on on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies. 1 point per dollar on all other purchases.
  • Get 35% back when you redeem points for flights. Use their “Pay with Points” option for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year. See details below.
  • Over $1,000 in specific statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
  • $200 Airline Fee Credit, Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
  • Up to $100 Fee Credit for Global Entry or TSA PreCheck. Get a statement credit available every 4 years after you apply for Global Entry ($100), which includes TSA PreCheck®.
  • $179 CLEAR membership credit. Breeze through security with CLEAR(R) where available and get up to $179 back per year on your membership when you use your Card.
  • $595 annual fee ($695 if application is received on or after 01/13/2022). (See Rates and Fees)
  • Terms Apply.

Note the following language: “Welcome bonus offer not available to applicants who have or have had this product.” You can only get the welcome offer on the Platinum Business AmEx once time per lifetime, so it is best to apply during an improved offer (and also the time when perks have been added but before the annual fee increase).

New annual statement credit details:

  • $400 Dell Technologies credit. Get up to $400 back per year toward U.S. purchases with Dell Technologies. Enrollment required.‡
  • $360 Indeed credit ($90 per quarter). Enroll and get up to $360 in statement credits per year for purchases with Indeed on the Business Platinum Card. That’s up to $90 back per quarter.
  • $150 Adobe Creative Solutions credit. Enroll and get up to $150 in statement credits per year for purchases with Adobe on annual prepaid plans for eligible Creative Cloud for teams and Acrobat Pro DC with e-sign for on the Card.
  • $120 wireless telephone credit ($10 per month). Enroll and get up to $120 in statement credits per year for wireless telephone service purchases made directly with a wireless provider in the U.S. on the Business Platinum Card. That’s up to $10 back per month.‡

American Express Global Lounge Collection. Some other travel cards give you Priority Pass Select, which is nice but not as inclusive as the Platinum card’s list of 1,300+ airport lounges across 140 countries. Domestically, you get Delta Skyclub access (an individual Skyclub membership costs $495 from Delta alone) as well as the new Centurion Lounge network built specifically for American Express cardholders.

  • The Centurion® Lounge
  • The International American Express Lounges
  • Delta SkyClub®
  • Priority Pass Select
  • Airspace Lounge
  • Escape Lounges

35% Airline Bonus details. Let’s say your selected airline is Delta, and you want to buy a couple economy Delta tickets for $1,000 using their Pay with Points features. This means that $1,000 ticket booked through AmEx Travel will only cost you 65,000 Membership Rewards points net (100,000 points and then 35,000 point rebated back). This improves the 1 cent per point value to 1.54 cents per point value. This means that 120,000 Membership Rewards points can be worth $1,848 in airfare on your selected airline.

Transfer partners. You can transfer Membership Rewards points to 16 airline and 3 hotel partners including Delta, British Airways, Hawaiian, JetBlue, Air Canada, Hilton, Starwood Preferred Guest, and Choice Hotels. If you’re good at snagging award tickets, you can get even better value this way.

Bottom line. The Business Platinum® Card from American Express is the ultra-premium AmEx business card that includes a HUGE list of perks. Add them up for your own situation and see how it compares with the annual fee. Keep in mind that the annual fee can also count as a business expense. (See Rates and Fees)

The net first-year value of this card is easily over $1,000, as it is definitely one of the Top 10 Best Business Card Offers.

“The editorial content here is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are the author’s alone. This email may contain links through which we are compensated when you click on or are approved for offers.”

American Express Business Platinum Card Review: 120,000 Bonus Points, $400 Dell Credit, $120 Cell Phone Credit, $200 Airline Fee Credit from My Money Blog.


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