The Business Platinum Card® from American Express Review

Over the past nineteen years as a business owner, I’ve used countless business cards. Some have been amazing and elevated both my travel and my business. Others have been…well, lackluster.

One of the best? The Business Platinum Card® from American Express. It comes with a lot of world-class perks and benefits, quality customer care, and a solid rewards structure (especially on large purchases).

While the annual fee is pretty high ($695, pay over time available. See Rates and Fees), for me, the travel benefits, along with all the statement credits, make the card worth carrying. I think it’s a great choice for business owners who travel frequently.

In this breakdown, I’ll detail the card, what you get, and why I like it.

What is the Business Platinum Card® from American Express?

The Business Platinum Card® from American Express is a travel rewards card geared towards business owners. (Remember: even side hustles and freelancing count as businesses so you can get this card even without being an LLC.) First, let’s go over some of the best things you get when you sign up, which make it a no brainer to get for the first year:

• Limited Time Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 on eligible purchases on your Business Platinum Card® within the first 3 months of Card Membership. Plus, earn a $500 statement credit after you spend $2,500 on qualifying flights booked directly with airlines or through American Express Travel with your Business Platinum Card® within the first 3 months of Card Membership. You can earn one or both of these offers. Offer ends 6/30/25.
• Earn 5X Membership Rewards® points for flights, prepaid hotels, and short-term rentals and prepaid flight + hotel packages booked at AmexTravel.com. 1x points on other eligible purchases.
• 1.5x points per dollar on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
• Complimentary access to the American Express Global Lounge Collection®, featuring more than…