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The Business Platinum Card from American Express OPEN Review

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Last updated on September 28, 2022 Comments: 2

For people in certain businesses, perception is more important than reality. A real estate agent who sells high-value properties generally tries to impress his or her clients by looking the part of a high-value property real estate agent. Fancy cars, fancy meals, and fancy clothing are all part of this facade. While the American Centurion “Black” card built up a bit of high-end reputation among celebrities thanks to some clever marketing, the business equivalent is the Business Platinum Card® from American Express. Don’t rush to jump in, make sure, as with all offers, you understand the terms. Owning this card costs money. Although it’s likely deductible as a business expense, the $450 annual fee may only make sense for a select number of businesses.

The Business Platinum Card® from American Express OPENUnlike most small business cards, The Business Platinum Card® from American Express is a charge card, and a feature of charge cards from American Express is the lack of a pre-set spending limit. When it comes time to make a purchase, American Express will determine immediately whether or not to approve the charge. For small purchases, transactions are usually processed. For larger purchases, American Express takes the business’s credentials into account.

Charge cards don’t have interest rates because monthly bills are due in full by the due date. If your business has a charge card in mind, make sure it has the cash to back up every purchase. If a business gets into trouble with this card, the individual, not just the business, can be responsible for the balance and can suffer the consequences, whether debt collection, negative remarks on the credit report, or worse.

Business owners of The Business Platinum Card® from American Express can earn rewards with a variety of perks as well as a personal concierge. For that sizable fee of $695, here are a few of the benefits business cardholders receive:

  • Welcome Offer: Get 120,000 Membership Rewards® points after you spend $15,000 in the first three months of Card Membership
  • Enroll and select a qualifying airline to receive up to $200 annually in statement credits for incidental fees, such as checked bags and in-flight refreshments, charged by the airline
  • 20% Travel Bonus when using Membership Rewards® Pay with Points
  • Take advantage of 40 premium benefits to help power your business
  • Complimentary access to 600+ participating airport lounges through Priority Pass™ Select
  • Business Platinum Concierge is like your own assistant, ready to help you with just about anything personal or professional, 24 hours a day
  • Purchasing power that can adjust as your business evolves
  • Terms & Restrictions Apply*

As a card member you can enroll in The Membership Rewards® program on the Business Platinum Card® from American Express which is a straight forward one point for every dollar spent on eligible purchases. And be sure to take advantage of 40 premium benefits to help power your business.

As with all card offers review the terms and conditions and look over any restrictions before you apply.

Platinum Card® from American ExpressBusiness owners with excellent or good credit will be considered for the Business Platinum Card® from American Express. In some cases, that $695 fee pays for itself in the value of collected rewards and perks. To determine whether this card is right for your business, visit The Business Platinum Card® from American Express.

Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.

Important Note! The information in this article is believed to be accurate as of the date it was written. Please keep in mind that offers change frequently. Therefore, we can not guarantee the accuracy of the information in this article. Please verify all terms and conditions of any credit or charge card prior to applying.

Article comments

2 comments
Anonymous says:

Although the fee is a little stiff, I like the benefits. If you need those benefits, it is worth it.

Anonymous says:

Amex appears to have a responsible approach to business. Other than a fee that is a bit high, this company knows who it wants as customers.