4.7 / 5 \u00b7 Bonus Eagle score
American Express
Business Platinum
Welcome bonus
150,000Membership Rewards
Annual fee
$695
Purchase APR
19.49% – 27.49%
Credit needed
Excellent (740+)
on American Express's secure site
The bottom line
The Business Platinum is the most generous card Amex makes for business owners — provided you can absorb the $695 fee and actively use the credits. The 5x on flights through Amex Travel is class-leading, and the lounge access alone is worth $400-$600 a year if you fly more than a few times.
At a glance
Pros and cons.
Pros
- 200,000+ point welcome bonus when offered
- $1,400+ in annual statement credits
- Centurion Lounge + Priority Pass access
- 5x on flights through Amex Travel
- Global Entry / TSA PreCheck credit
Cons
- $695 annual fee is the highest in the lineup
- Most credits require monthly enrollment
- 2x is limited to a narrow path
The editorial review
Our take on this card.
The Business Platinum is the most generous card Amex makes for business owners — provided you can absorb the $695 fee and actively use the credits. The 5x on flights through Amex Travel is class-leading, and the lounge access alone is worth $400-$600 a year if you fly more than a few times. Not for casual spenders.
How you earn
Rewards by category.
Flights & prepaid hotels (Amex Travel)
5x
Eligible purchases of $5,000+
1.5x
All other purchases
1x
Rates and fees
The full disclosure.
All rates and fees current as of publication. Verify against the issuer's official Terms and Conditions before applying.
Annual fee
$695
Purchase APR
19.49% – 27.49%
Foreign transaction fee
None
Frequently asked
Questions readers ask.
Only if you'll use the credits and the lounge access. The card includes about $1,400 in itemized credits per year (airline, hotel, dell, Indeed, etc.) plus full Centurion Lounge access. For a business owner who flies frequently and can use the merchant-specific credits, the effective fee drops below zero. For lighter users, it's overkill.
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