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Our Verdict

Any business owner that has a lot of business travel, and prefers to do that traveling in style, should take a serious look at The Business Platinum Card® from American Express.

Not only is the card great for earning points for all of your flights, but it comes loaded up with excellent travel benefits, annual credits, and purchase protections. Put simply, it is a premium credit card for people who value a premium experience.

Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.

American Express Business Platinum Card

American Express


  • Earn 5x Membership Rewards points per $1 on flights and prepaid hotels on amextravel.com.
  • Earn 1.5x Membership Rewards points per $1 on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else (up to $2 million in purchases per calendar year)
  • Up to $200 annual airline fee credit
  • Up to $400 annual Dell statement credit
  • 35% airline bonus when using Pay With Points
  • Access to American Express transfer partners
  • Access to Amex Centurion lounges, Priority Pass lounges, Plaza Premium lounges, Airspace lounges, Escape lounges, and Delta Sky Clubs
  • Complimentary Hilton Honors Gold and Marriott Bonvoy Gold Elite status
  • Up to $100 Global Entry or TSA PreCheck application fee credit
  • Access to Amex Offers
  • Access to Amex International Airline Program and American Express Fine Hotels and Resorts Program
  • Purchase and extended warranty protection
  • Trip delay/cancellation insurance
  • Baggage insurance
  • Rental car elite status with Avis, Hertz, and National


  • High annual fee of $595 ($695 if application is received on or after 01/13/2022; see rates and fees)
  • Airline fee credit does not cover airfare, only incidentals like checked bags

Current Welcome Offer

Earn 85,000 120,000 Membership Rewards points after you spend $15,000 on qualifying purchases on the Amex Business Platinum card within your first 3 months of card membership.

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Amex Business Platinum Card Details

While the annual fee might be a reason for you to write off the Amex Business Platinum card as a realistic option, once you see all of the perks and benefits that the card offers, you’ll see that perhaps it is not so crazy after all.

For starters, the Amex Business Platinum card is a great option for those with significant airfare expenses, along with those who regularly make large purchases, as it earns 5x on flights and prepaid hotels on amextravel.com, plus 1.5x at U.S. construction material and hardware suppliers, at U.S. electronic goods retailers and software & cloud system providers, and at U.S. shipping providers as well as on each eligible purchase of $5,000 or more everywhere else (up to $2 million in purchases per calendar year).

No to mention that frequent travelers will love that the Amex Business Platinum card offers access to 6 different airport lounge networks, Hilton Honors Gold and Marriott Bonvoy Gold Elite status, rental car elite status, up to $200 annual airline fee credit, a Global Entry or TSA PreCheck application fee credit, trip delay/cancellation insurance, a 35% point bonus when using Pay With Points, and access to all of the American Express transfer partners.

The benefits don’t stop there though, as you’ll also receive some excellent non-travel perks like up to $400 annual Dell credit, purchase and extended warranty protection, Platinum Concierge services, and access to Amex Offers that allow cardholders to earn additional Membership Rewards points or statement credits for shopping with dozens of select merchants.

So any business owner that travels often enough to take advantage of all of the Amex Business Platinum card’s protections, annual credits, and luxury travel perks will easily receive more value from the card each year than what you pay for the annual fee.

Great Card If

  • You’re a business owner who travels often enough to take advantage of the cards many travel benefits
  • You want a card that earns transferable rewards
  • You want a card with luxury perks like hotel elite status and airport lounge access

Don’t Get If

  • You don’t think the benefits are worth the annual fee
  • You don’t travel much

Amex Business Platinum Card Protections

We’ve outlined some of the protections offered with the Amex Business Platinum card, but how do these protections work exactly, and what do they actually cover?

  • Trip Delay Insurance: If a round-trip ticket purchased with your card is delayed by more than 6 hours, you’re covered for up to $500 in reasonable expenses like meals, lodging, and personal use items.
  • Trip Cancellation and Interruption Insurance: Round-trip flights purchased with your card that are canceled or interrupted due to a covered reason, like inclement weather or accidental injury, are covered up to $10,000 per trip and $20,000 per year.
  • Baggage Insurance: Any items lost or damaged during transit are covered up to $3,000 per traveler for carry-on bags, and up to $2,000 per traveler for checked bags.
  • Rental Car Coverage: Secondary coverage for damages caused by theft or collision is provided at up to $75,000 (secondary coverage kicks in after your primary vehicle insurance).
  • Purchase Protection: Purchases made with your card are covered for up to 90 days from the purchase date, up to $10,000 per item and $50,000 per year, in the event of theft, loss, or damage.
  • Extended Warranty Protection: When you purchase an item with your Amex Business Platinum card, a manufacturer’s warranty of 5 years or less can be extended up to 1 additional year.

As you can see, whether you’re headed on the road for business, or simply purchasing new products for the office, the Amex Business Platinum card offers great protections to help keep you covered.

Best Ways to Use Membership Rewards Points

Amex Business Platinum

Photo: Gaudi Lab/Shutterstock

When it comes time to redeem your Membership Rewards points, American Express gives you several options. But, depending on what you value most, the amount of value you will receive from each option will vary greatly.

Amex Transfer Partners

Being that the Amex Business Platinum card is a travel card, you likely are going to want to use your Membership Rewards points to travel. In that case, utilizing Amex transfer partners is by far the best way to get maximum value for your points. This can be a bit more difficult than simply redeeming through the Amex Travel portal, but if you want to get that absolute best value for your points then it is certainly worth the extra effort.

Here is the full list of all of the Amex transfer partners, along with which programs we think are the best for getting the best value possible out of your Membership Rewards points.

Amex Transfer Partners
Our Top Choices Air Canada Aeroplan Avianca LifeMiles
ANA Mileage Club British Airways Avios
Solid Options Air France/KLM Flying Blue Emirates Skywards Singapore Airlines
Cathay Pacific Asia Miles Etihad Guest Virgin Atlantic Flying Club
Choice Privileges Iberia Plus
Delta SkyMiles Qantas Frequent Flyer
Not Recommended Aer Lingus AerClub Hawaiian Airlines Marriott Bonvoy
Aero Mexico Club Premier Hilton Honors
Alitalia Millemiglia JetBlue True Blue

Trying to determine which transfer partner you should use can seem intimidating and complicated, so let this chart serve as a guide to help steer you in the right direction. While you can certainly find ways to get solid value from virtually any transfer partner program, some are just significantly better at delivering value than others.

Programs that fall within the Top Choice are ones where you will likely find it easiest to get excellent value out of your Membership Rewards points without too much difficulty. For example, if you wanted to fly round-trip between the eastern U.S. and Japan in business class, you could do so by transferring your Membership Rewards points to ANA Mileage Club, which would cost you just 85,000 points.

Any program in the Solid Option category will usually offer good value for your points on a regular basis. One example is the Delta SkyMiles program. One of the best uses is taking advantage of its rotating SkyMiles deals that allow you to get discounted award flights on both domestic and international trips. Often times these award flights can be upwards of 50% off.

Lastly, programs in the Not Recommended category usually offer significantly lower value than all of the others and are generally not worth using unless you have a very specific need to. A great example is the Aer Lingus AerClub program that shares the same loyalty points with British Airways and Iberia with 1 important distinction — they offer worse award pricing and often add additional taxes or fees that you wouldn’t pay with the other carriers. So in this case, it almost never makes sense to transfer to Aer Lingus compared to British Airways or Iberia.

With all of that said, at the end of the day, they’re your points and you should redeem them in whatever way makes the most sense to you. So if there is a particular program you’re fond of or prefer to travel with then go for it!

Airfare Through Amex Travel

As mentioned before, Amex Business Platinum cardholders can redeem their Membership Rewards points towards airfare through the Amex Travel portal and receive 35%. This can feel like a great alternative for those who want to use their points for travel but don’t want to deal with the added complexity of using transfer partners. However, there are a few important details you’ll want to be aware of.

For starters, the 35% rebate with Pay With Points is good for any flight options with just 1 carrier of your choosing — this is the same carrier that you’ll be limited to using your $200 incidental credit with. You can still earn the 35% rebate with other carriers booked through Amex Travel, but only on business and first class tickets, and American Express also limits the number of points you can receive back each year to 500,000.

Other Ways to Use Points

Amex Business Platinum cardholders can also redeem their points towards gift cards with select merchants, for purchases made with Apple or Amazon, or even statement credits/cash-back from any purchase made with the card. All of these options offer anywhere from 0.6 cents to 1 cent per point in value, so unless you have a very specific need for any of these, we’d recommend using your points with one of the Amex transfer partners where you’ll get significantly more value.

Alternative Cards to the Amex Business Platinum Card

Ink Business Preferred® Credit Card

If you’re looking for a card with a lower annual fee that is a bit more well-rounded when it comes to point-earning, then the Ink Business Preferred card might be a good fit. You won’t be blown away by any luxury travel perks like the ones you get with the Amex Business Platinum card, but the card does earn 3x points per $1 on up to $150,000 in combined purchases on travel, shipping, ad purchases made with social media sites or search engines, and internet, cable, and phones services. So if you have a significant level of spend in any of these categories, you’ll likely be better off in terms of the number of points you’ll earn.

The Blue Business® Plus Credit Card from American Express

Those who want a no-annual-fee card that still earns Membership Rewards points and offers a simple earning structure will love the Amex Blue Business Plus card (see rates and fees). In addition to no annual fee, cardholders earn 2x Membership Rewards points on everyday business purchases on the card, up to $50,000 in purchases (then 1x). This makes it a great option for business owners who want something simple and don’t have a large number of annual expenses.

For rates and fees of The Business Platinum Card® from American Express, click here.
For rates and fees of The Blue Business® Plus Credit Card from American Express, click here.

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Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Note: While the offers mentioned above are accurate at the time of publication, they’re subject to change at any time and may have changed, or may no longer be available.