The Business Platinum Card® from American Express Review

Over the earlier nineteen years as a enterprise proprietor, I’ve used quite a few enterprise enjoying playing cards. Some have been very good and elevated every my journey and my enterprise. Others have been…correctly, lackluster.

The simplest? The Business Platinum Card® from American Express. It comes with loads of world-class perks and benefits, prime quality purchaser care, and a steady rewards building (significantly on large purchases).

Whereas the annual cost is pretty extreme ($695, pay over time obtainable. See Costs and Costs), for me, the journey benefits, along with all the assertion credit score, make the cardboard worth carrying. I consider it’s a superb different for enterprise owners who journey repeatedly.

On this breakdown, I’ll aspect the cardboard, what you get, and why I want it.

What is the Enterprise Platinum Card® from American Particular?

The Business Platinum Card® from American Express is a journey rewards card geared in route of enterprise owners. (Keep in mind: even side hustles and freelancing rely as corporations so you’ll get this card even with out being an LLC.) First, let’s go over among the many best belongings you get everytime you enroll, which make it a no brainer to get for the first yr:

• Restricted Time Present: Earn 150,000 Membership Rewards® elements after you spend $20,000 on eligible purchases in your Enterprise Platinum Card® all through the primary 3 months of Card Membership. Plus, earn a $500 assertion credit score rating after you spend $2,500 on qualifying flights booked immediately with airways or through American Particular Journey collectively together with your Enterprise Platinum Card® all through the primary 3 months of Card Membership. You presumably can earn one or every of these supplies. Present ends 6/30/25.
• Earn 5X Membership Rewards® elements for flights, pay as you go inns, and short-term leases and pay as you go flight + resort packages booked at AmexTravel.com. 1x elements on totally different eligible purchases.
• 1.5x elements per dollar on each eligible purchase at US constructing supplies, {{hardware}} suppliers, digital objects retailers, and software program program & cloud system suppliers, and transport suppliers, along with on purchases of $5,000 or additional, on as a lot as $2 million per Card Account per calendar yr. Purchases eligible for numerous additional degree bonuses will solely receive the easiest eligible bonus.
• Complimentary entry to the American Particular World Lounge Assortment®, that features higher than 1,400 airport lounges all through 140 nations. Entry is restricted to eligible Card Members.
• As a lot as $120 in assertion credit score for World Entry or TSA Pre-check every 4 years.
• As a lot as $199 yearly CLEAR® Plus credit score rating (matter to auto-renewal)
• As a lot as $200 in assertion credit score per calendar yr for incidental costs charged by your one chosen, qualifying airline.
• As a lot as $200 in assertion credit score per calendar yr everytime you make an eligible purchase at Hilton properties. (Distributed in as a lot as $50 increments per quarter. Hilton for Enterprise program membership is required.)
• $150 credit score rating with Adobe on eligible annual pay as you go advertising technique purchases of Adobe Ingenious Cloud for teams or Adobe Acrobat Skilled for teams on the Enterprise Platinum Card through 6/30/25.
• As a lot as $120 per calendar yr in assertion credit score for purchases made immediately from any U.S. wi-fi telephone provider (as a lot as $10 once more per thirty days).
• Complimentary Marriott Bonvoy® Gold Elite standing (enrollment required)
• Complimentary Hilton Honors Gold standing (enrollment required)
• No worldwide transaction costs

Using Your Membership Rewards Elements

You’ll earn Membership Rewards elements with The Business Platinum Card® from American Express. Since Amex has a well-rounded suite of journey companions, Membership Rewards elements are among the many most expensive elements in the marketplace.

These are Amex’s current journey companions:

• Aer Lingus AerClub (1:1 ratio)
• Aeromexico Rewards (1:1.6 ratio)
• Air Canada Aeroplan (1:1 ratio)
• Air France-KLM Flying Blue (1:1 ratio)
• ANA Mileage Membership (1:1 ratio)
• Avianca LifeMiles (1:1 ratio)
• British Airways Membership (1:1 ratio)
• Cathay Pacific Asia Miles (1:1 ratio)
• Various Privileges (1:1 ratio)
• Delta SkyMiles (1:1 ratio)
• Emirates Skywards (1:1 ratio)
• Etihad Customer (1:1 ratio)
• HawaiianMiles (1:1 ratio)
• Hilton Honors (1:2 ratio)
• Iberia Plus (1:1 ratio)
• JetBlue TrueBlue (250:200 ratio)
• Marriott Bonvoy (1:1 ratio)
• Qantas Frequent Flyer (1:1 ratio)
• Qatar Airways Privilege Membership (1:1 ratio)
• Singapore KrisFlyer (1:1 ratio)
• Virgin Atlantic Flying Membership (1:1 ratio)

Most transfers are on the spot, though some can take as a lot as 48 hours.

You may even use your Membership Rewards elements to e ebook flights and inns inside the Amex Journey portal. I usually wouldn’t try this though as a result of it’s not the proper use of your elements. It’s on a regular basis greater to change them out to thought-about one in every of their companions. Nonetheless, you’ll get 35% elements once more everytime you do e ebook by means of their portal so merely look at the elements costs between every sooner than making a selection.

Breaking Down the Enterprise Platinum’s Credit score and Benefits

Amex enjoying playing cards are well-known for his or her plethora of perks and benefits. They’re an enormous trigger I like their enjoying playing cards. And, in case you occur to can profit from all that it has to provide, the Enterprise Platinum boasts over $1,700 worth of value. Nonetheless, with so many lessons and loads large print, it could be onerous to keep up monitor of whether or not or not a revenue is certainly useful to your spending habits. So, that may help you establish if the cardboard is greatest for you, I want to interrupt down among the many predominant lessons of benefits:

Airport Experience Credit score (Lounge Entry, CLEAR Plus, World Entry/TSA PreCheck)
The simplest points about this card — and what makes it a standout for frequent vacationers — is the unbeatable airport lounge entry. You’ll get into among the many prime lounges worldwide, along with the very good Centurion Lounges and Delta Sky Golf gear (everytime you’re flying Delta, with as a lot as 10 visits per yr).

On prime of that, you’ll get complimentary entry to the massive Priority Cross neighborhood. If having a quiet home to settle down, seize a drink, or get some work executed is a priority everytime you journey, this card has you coated nearly wherever.

I moreover admire that the Enterprise Platinum helps you get through the airport sooner. It supplies as a lot as $199 in assertion credit score yearly for a CLEAR® Plus membership, which speeds you via security strains.

You’ll moreover get a credit score rating for World Entry (as a lot as $100 every 4 years) or TSA PreCheck (as a lot as $85 every 4.5 years), counting on which one you choose. I personally counsel going for World Entry. It takes considerably additional effort (there’s an interview), nonetheless it consists of TSA PreCheck too. It’ll stop a ton of time in case you occur to journey internationally.

Airline and Lodge Credit score
One different travel-related revenue is the as a lot as $200 airline credit score rating. Sadly, it comes with a superb number of restrictions, making this credit score rating a bit additional annoying to utilize. It could solely be used on one (pre-selected) airline, and you will solely use it for incidentals, not airfare. Nonetheless in case you occur to don’t have an airline financial institution card that gives free baggage, it could be useful to have. You may even use the credit score rating for airline payments like paid seat selection or on-board meals and drinks.

The Enterprise Platinum moreover supplies a few Hilton-related benefits. First, you’ll receive as a lot as $200 in assertion credit score at Hilton properties when booked immediately. Since these credit score are distributed in quarterly $50 increments, you’d have to stay in a Hilton property as a minimum 4 cases a yr to get the entire value of this credit score rating. Nonetheless in case you occur to’re on the freeway fairly a bit, that could be easy to do.

Second, the Enterprise Platinum supplies complimentary Hilton Honors™ Gold Standing (along with Marriott Bonvoy® Gold Elite standing), which provide additional perks and benefits when staying at these properties.

Enterprise-Related Assertion Credit score
The Enterprise Platinum card comes with some good perks to help lighten the financial load of working a enterprise. Payments can truly add up in case you occur to’re managing a enterprise whereas touring, so I like that the Enterprise Platinum helps offset these costs.

You presumably can stand as much as $400 in assertion credit score on U.S. Dell purchases (through June 30, 2025, break up into $200 chunks every six months). There’s moreover as a lot as $360 once more per yr on Actually adverts (as a lot as $90 each quarter), which is good in case you occur to’re hiring as your small enterprise grows.

In case you occur to make use of Adobe devices, there’s a $150 credit score rating obtainable everytime you prepay yearly for eligible Adobe Ingenious Cloud or Acrobat Skilled plans for teams. And to keep up you linked on the go, you’ll stand as much as $120 a yr for purchases made immediately with U.S. wi-fi suppliers — that’s $10 once more each month.

Amex Presents
On prime of all these useful assertion credit score, the Enterprise Platinum gives you entry to Amex Presents, a easy means to keep away from losing cash or rack up additional elements with quite a lot of retailers. These gives rotate generally and are personalised, so what reveals up for you could be utterly utterly totally different from what one different cardholder sees. As a rule, it’s a straightforward setup like “spend X, get Y once more.” I on a regular basis confirm Amex Presents sooner than I purchase. (The personal card supplies this too.)

The Enterprise Platinum’s Journey Insurance coverage protection
The Enterprise Platinum moreover comes with good journey insurance coverage protection. Whereas I nonetheless counsel looking for a standalone protection for medical, this card consists of strong built-in safety like journey delay, journey cancellation, emergency evacuation, and medical transport. It moreover consists of cell phone security for damage or theft, a unusual nonetheless useful perk. For a most of $800 per declare, with a limit of two permitted claims per 12-month interval, when your cell phone line is listed on a wi-fi bill and the prior month’s wi-fi bill was paid by an Eligible Card Account. A $50 deductible will apply to each permitted declare.

So, while you may get away with the cardboard’s insurance coverage protection in case you occur to e ebook the journey on the cardboard, I wouldn’t depend upon it absolutely. Nonetheless it’s greater than most!

Do it’s important to get this card?

The Enterprise Platinum is sweet for frequent vacationers who can reap the benefits of perks like smoother airport experiences and resort elite standing. In case you occur to can profit from a few of the business-related assertion credit score, the assertion credit score alone make the extreme annual cost worth it. I get loads of value from the cardboard through the assertion credit score that make carrying the cardboard after the first yr truly worth it.

Whereas it’s true you solely get 1x degree per dollar spent on one thing beneath $5,000 (which isn’t practically pretty much as good as many various enjoying playing cards), the elements once more on redemptions and the tons of assertion credit score, elite standing, Amex supplies, and companions you don’t uncover wherever else make this card essential for any enterprise proprietor.