AMEX BUSINESS PLATINUM CARD REVIEW 2021!
Mark Reese // Credit & Finance
•May 20th, 2021
DESCRIPTION
Learn all about the American Express Business Platinum Card’s benefits, rewards and more with this in-depth review! This is a great card for business owners who travel frequently. Click “Show More” to see Ad Disclosure.
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Note: Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
WELCOME BONUS (as of May 2021)
Earn 100,000 points after you spend $15K on eligible purchases in the first 3 months. The approximate value of this bonus is $600 - $2,000 on average.
ANNUAL FEE = $595
Rates & Fees: https://www.americanexpress.com/us/credit-cards/card-application/apply/prospect/terms/business-platinum-charge-card/57460-9-0?key=tncBody&rwdFlag=rwd
POINTS – Earn Membership Rewards Points
- 5X Flights: Booked via AmexTravel.com
- 5X Hotels: Prepaid via AmexTravel.com
- 1.5X on Purchases of $5K or more: Up to 1 million additional points per calendar year
- 1X Other Purchases
POINTS – Redeem Membership Rewards Points
- Travel (Transfer Partners): 2.0¢ per point, avg.
- Travel (Portal): 0.7¢ for hotels, car rentals, cruises, vacations | 1.0¢ for other flights | 1.54¢ for flights in 1st Class or Business Class on any airline, or any fare class with your preselected airline
- Cash Back (Statement Credit): 0.6¢ per point
AMEX BUSINESS PLATINUM CARD BENEFITS
- Annual Dell Technologies Credit ($200): $100 Jan – Jun. | $100 Jul. – Dec.
- Airline Fee Credit ($200/yr.): 1 airline | Incidental charges
- 35% Airline Bonus: Pay with points | Get 35% back | Up to 500,000 points back per calendar year | Valid for 1st Class & Business Class tickets with any airline through AmexTravel.com, and any fare class with your selected airline
- Global Entry / TSA Pre✓ (Up to $100): Cover application fee | Every 4.5 years
- Global Lounge Collection: Centurion Lounge, Delta SkyClub, Priority Pass, Escape Lounge, and more!
- International Airline Program: Lower fares | Up to 8 tickets / booking
- The Hotel Collection: $100 property credit | Room upgrade | Valid on stays of 2+ consecutive nights
- Fine Hotels & Resorts Program: Experience credit | Room upgrade | Daily breakfast for 2 | Early check-in (12PM) | Late check-out (4PM) | Free Wi-Fi
- Elite Status: Marriott Bonvoy Gold | Hilton Honors Gold | National Car Rental Emerald Club | Others…
- No Foreign Transaction Fees
Note: Terms apply to above benefits. Some require activation.
AMERICAN EXPRESS GLOBAL LOUNGE COLLECTION
- The Centurion Lounge
- The International American Express Lounges
- Priority Pass lounges
- Escape Lounges
- Delta Sky Club
- Plaza Premium Lounges
- Air Space lounges
- Lufthansa Business & Senator Lounges
INSURANCE & PROTECTIONS
- Car Rental Loss & Damage Insurance
- Trip Delay Insurance
- Trip Interruption & Cancellation Insurance
- Baggage Insurance Plan (lost / damaged / stolen)
- Delayed Baggage Insurance
- Purchase Protection
- Return Protection
- Extended Warranty
- Cell Phone Protection
- Premium Global Assist Hotline
SHOULD YOU GET IT?
YES if you…
- Are a business owner
- Travel frequently
- Book flights + hotels via AmexTravel.com
- Value 35% Airline Bonus
- Spend at dell.com/amex
- Will use $200 Airline Fee Credit
- Value VIP travel experiences (elite status, lounges, upgrades, etc.)
- Prefer travel rewards over cash back
NO if you…
- Don’t travel multiple times per year
- Book travel in any other way than AmexTravel.com
- Don’t care about VIP travel experiences
- Don’t spend at dell.com/amex
- Prefer cash back over travel rewards
- Don’t like high-annual-fee cards
Disclosure: This site is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CreditCards.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. Mark Reese is not a financial advisor.
#creditcards #businesscreditcards #americanexpress
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