The phrase “This card has an annual fee of nearly $700” tends to trigger many individuals’s jaws to drop. The basic response, from most individuals, is that there is merely no means paying a excessive premium annual charge is worth it.
The Business Platinum Card® from American Express has an annual charge of $695 (see charges and charges), but the card claims to supply greater than double that in annual credit and perks.
Does that imply you need to add the Amex Business Platinum to your pockets? It relies upon.
Here’s a have a look at what you get from the Amex Business Platinum annually so you may determine whether or not or not this card is an efficient match for you.
Related: Who ought to (and should not) get the Amex Business Platinum?
Welcome bonus
New candidates can earn 150,000 bonus factors after spending $20,000 on purchases inside the first three months of card membership. Plus, you may earn a $500 assertion credit score after spending $2,500 on qualifying flights booked instantly with airways or via American Express Travel in the first three months of card membership. You can earn one or each of those gives. (Offer ends June 30.)
According to TPG’s May 2025 valuations, American Express Membership Rewards factors are worth 2 cents apiece, making this bonus worth as much as $3,500 (together with the assertion credit score).
Related: How to redeem American Express Membership Rewards for optimum worth
Lounge entry
Those who’ve the Amex Business Platinum (much like The Platinum Card® from American Express) can entry a variety of lounges, together with:
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You can seek the advice of the Global Lounge Collection’s on-line search perform to search out lounges accessible in your subsequent journey. Access is proscribed to eligible cardmembers.
When visiting these lounges, you may get pleasure from advantages like complimentary snacks, meals, drinks (generally together with free alcohol) and free Wi-Fi. Certain lounges could have higher advantages, similar to full meals, showers, kids’s play areas and extra. Terms apply.
Related: Guide to lounge entry with the Amex Platinum and Business Platinum
Hotel elite standing
Cardmembers can register for computerized elite standing with Hilton Honors and Marriott Bonvoy. This profit supplies Gold standing in each packages. Enrollment is required; phrases apply.
Hilton Gold standing is a really useful resort standing that gives advantages like bonus factors on paid stays, complimentary bottled water, a fifth night time free on award stays, room upgrades (although to not suites), and free continental breakfast or meals and beverage credit.
Marriott Bonvoy Gold Elite standing can be very useful and supplies advantages like late checkout, room upgrades (although to not suites), bonus factors on paid stays, enhanced web and a welcome reward of bonus factors at check-in.
Related: Comparing the finest resort elite standing tiers and easy methods to earn them
Car rental elite standing
Cardmembers can enroll for complimentary elite standing with Avis Preferred, Hertz Gold Plus Rewards and National Emerald Club. Advance enrollment is required for these advantages; phrases apply.
Rental automobile elite standing supplies advantages like automobile upgrades, a free second driver and my favourite profit: skipping the line and going straight to your automobile at the begin of your rental. One of the finest advantages of automobile rental elite standing in any program is the potential to standing match with different rental automobile packages, serving to you achieve standing in quite a few packages concurrently.
Related: Here’s all the things it is advisable learn about rental automobile elite standing
Pay with Points perk
When utilizing factors to pay for a flight via Amex Travel, Business Platinum cardmembers can get 35% of their factors again. This applies to 2 varieties of bookings: flights in any cabin together with your preselected most well-liked airline and flights with any airline if the reservation is for enterprise class or firstclass.
Cardmembers can get pleasure from as much as 1 million factors refunded via this profit yearly. Achieving this most bonus would require spending 2,857,143 factors inside a calendar 12 months utilizing the Pay with Points function to guide qualifying flights. Terms apply.
Related: Why I like the Amex Business Platinum’s Pay With Points perk
Fine Hotels + Resorts and The Hotel Collection
Amex Business Platinum cardmembers can guide stays with Fine Hotels + Resorts and The Hotel Collection.
FHR stays embrace advantages like every day breakfast for 2, late checkout, complimentary Wi-Fi and room upgrades (if out there at check-in). Each keep additionally features a distinctive expertise credit score worth $100, usually in the type of eating credit or spa credit.
THC stays embrace room upgrades (if out there at check-in) and a $100 property credit score (with bookings of two consecutive nights or extra) to spend on qualifying eating, spa and resort actions. Terms apply.
Related: A comparability of luxurious resort packages from bank card issuers: Amex, Chase and Capital One
Bonus factors for airfare and resorts
Business Platinum cardmembers can earn 5 factors per greenback on airfare and pay as you go resort bookings made via Amex Travel.
This incomes charge additionally contains bookings with Fine Hotels + Resorts and The Hotel Collection.
Related: Get free breakfast, room upgrades and extra with the Amex Fine Hotels + Resorts program
Global Entry or TSA PreCheck utility charge reimbursement
Cardmembers can obtain assertion credit to reimburse their utility charges for Global Entry ($120) or TSA PreCheck (as much as $85). This profit is on the market each 4 years for Global Entry or each 4 1/2 years for TSA PreCheck. Terms apply.
These packages enable accredited vacationers to maneuver via airport safety checkpoints quicker, utilizing PreCheck lanes at designated airports. Global Entry customers have an extra profit: They can use designated lanes when getting into the U.S. to maneuver via passport management quicker.
Related: Global Entry vs. TSA PreCheck: Which is healthier?
Annual Clear Plus membership credit score
Clear isn’t a authorities safety program, however it does assist accredited customers pace via safety checkpoints at airports and choose stadiums utilizing biometrics.
Business Platinum cardmembers can obtain reimbursement in assertion credit of as much as $199 per calendar 12 months for Clear Plus membership charges. Enrollment is required for this profit; pay together with your Business Platinum card to routinely obtain an announcement credit score (topic to auto-renewal; phrases apply).
Related: 7 methods to get free or discounted TSA PreCheck, Global Entry and Clear
Annual airline assertion credit every calendar 12 months
Traveling can generally include pricey charges that present up in the type of paying for checked baggage or upgrading to a greater seat in your flight. Fortunately, Business Platinum cardmembers can offset these charges with as much as $200 in assertion credit for airline incidental charges per calendar 12 months.
Business Platinum cardmembers can select one in all the following airways as their most well-liked airline: Alaska Airlines, American Airlines, Delta Air Lines, Hawaiian Airlines, JetBlue Airways, Spirit Airlines, Southwest Airlines or United Airlines.
Before utilizing this profit, you should select a most well-liked airline. The profit can cowl change and cancellation charges, seat choice charges, improve charges, checked bag charges and extra. Enrollment is required; phrases apply.
I take advantage of this $200 annual credit score on United and refill on Travelbank credit score, which basically takes $200 off the value of my ticket.
Related: How to make use of the Amex Platinum $200 airline charge credit score
Quarterly Hilton assertion credit
At the finish of 2024, the Business Platinum launched a brand new quarterly assertion credit score for purchases with Hilton. Cardmembers now obtain as much as $200 in assertion credit per 12 months, break up into 4 as much as $50 quarterly credit. Enrollment is required; phrases apply.
You can earn the credit score just by making a purchase order instantly with a Hilton portfolio property utilizing your Business Platinum card. Eligible costs embrace room charges, incidental purchases, together with eating and room service, and spa remedies.
It’s essential to notice you will have to enroll in the Hilton for Business program to be eligible for the assertion credit score. If you are not a member of Hilton for Business, you will be registered while you enroll in the card’s profit.
Related: Amex Business Platinum provides new $200 Hilton assertion credit score — here is easy methods to maximize it
Annual spending assertion credit
Business Platinum cardmembers can reap the benefits of a lot of assertion credit every calendar 12 months: as much as $150 per 12 months with Adobe, as much as $120 per 12 months on cellphone plans with U.S. service suppliers, as much as $360 per 12 months with Indeed and as much as $400 per 12 months with Dell. Enrollment required; phrases apply.
The Adobe credit apply to pay as you go enterprise plans for Creative Cloud for groups or Acrobat Pro for groups. The wi-fi companies profit is on the market as as much as $10 per thirty days in assertion credit for U.S. wi-fi cellphone service plans paid for together with your Business Platinum card.
You can obtain as much as $90 of assertion credit per quarter with Indeed. The Dell profit supplies as much as $200 in assertion credit semi-annually.
Enrollment is required upfront for a few of these advantages; phrases apply. Maximizing these advantages supplies $1,030 in assertion credit annually.
The Adobe and Dell credit are altering July 1.
Related: 9 issues to do while you get the Amex Business Platinum Card
Other cardmember perks
Cardmembers can reap the benefits of a number of different advantages (enrollment is required for choose advantages; phrases apply).
The Business Platinum card is designed for cardmembers to pay the complete invoice in full every month. If you may’t pay the full quantity, you might be able to carry a stability on some purchases by enrolling in the Pay Over Time function.*
Not all purchases will likely be eligible for Pay Over Time, and never paying your complete stability in full every month will probably end in paying curiosity. You additionally might be able to earn bonus factors via gives to enroll in Pay Over Time — and you’ll earn these bonus factors for enrolling even if you happen to by no means carry a stability.
Paying your month-to-month cellphone invoice together with your Business Platinum card can even present cellphone safety to cowl your cellphone in opposition to loss or harm. There is a most of $800 legal responsibility per declare, and every declare is topic to a $50 deductible. There’s additionally a restrict of two claims per eligible account in a 12-month interval.
Covered telephones are restricted to cellphone traces listed on a cell phone plan paid with the eligible card throughout the most up-to-date billing interval.** Combining this profit with the month-to-month wi-fi credit coated above is a good way to invoke insurance coverage advantages plus a reduction in your month-to-month cellphone invoice.
Another profit out there to cardmembers is most well-liked entry. This can imply getting tickets to unique occasions, going to the entrance of the line for ticket gross sales on different occasions and even gaining access to hard-to-find eating reservations with Resy.
When making purchases, cardmembers will earn American Express Membership Rewards factors, that are worth 2 cents per level, per TPG’s May 2025 valuations. Cardmembers will earn 5 factors per greenback on pay as you go flights and resorts booked via Amex Travel.
Additionally, cardmembers earn 1.5 factors per greenback on purchases of $5,000 or extra or purchases in the following classes inside the U.S.: development materials and {hardware} suppliers, digital items retailers, software program and cloud system suppliers, and transport suppliers.
Earning 1.5 factors per greenback is proscribed to $2 million of purchases; then, you will earn 1 level per greenback. All different purchases additionally earn 1 level per greenback.
*Pay Over Time disclosure: No Preset Spending Limit means your spending restrict is versatile. Unlike a standard card with a set restrict, the quantity you may spend adapts primarily based on elements similar to your buy, cost, and credit score historical past.
**Eligibility and profit ranges range by card. Terms, circumstances and limitations apply. Visit americanexpress.com/benefitsguide for particulars. Policies are underwritten by New Hampshire Insurance Company, an AIG Company.
Related: Your full information to purchasing protections on American Express playing cards
Bottom line
There are quite a few advantages included with the Amex Business Platinum card. Some are annual assertion credit, and others supply assertion credit month-to-month or quarterly. Other advantages haven’t got a tangible price ticket, and the way you worth these advantages will range.
Suppose you should utilize advantages like lounge entry, assertion credit and different journey perks. In that case, you will simply be capable to offset or overcome the Business Platinum card’s annual charge annually — making it “worth it” in your scenario.
However, for many who wrestle to make use of the card’s credit or have lots of its advantages via different credit of their wallets, it might be tough to justify paying the $695 annual charge.
To study extra, take a look at our full assessment of the Amex Business Platinum.
Apply right here: The Business Platinum Card from American Express
Related: How to use for an Amex enterprise card
For charges and charges of the Amex Business Platinum, please click on right here.
