The Business Platinum® Card from American Express OPEN

Updated: Aug 10, 2018

The Business Platinum® Card from American Express OPEN is consistently the best pick among the top business cards. The Business Platinum® Card offers outstanding travel rewards and perks. From airport lounge access to huge points earnings on airfare and hotel spending. If you are a frequent business traveler you can definitely benefit from this card.

Who should get The Business Platinum® Card card?

The Business Platinum card is best suited for entrepreneurs who charge thousands of dollars of monthly business expenses to their cards; who are heavy travelers; and who can take advantage of premium luxuries offered by the one of the best travel reward credit cards. One of the best Perks: free access to the issuer’s Centurion Lounges, exclusive waiting areas that offer exquisite amenities for both holders of the business and personal Platinum cards. Cardholders who live near or frequently travel to the eight US airports that feature one of these lounges should factor this into account when deciding whether to apply for this card.

Introductory Bonus: Over $1,000 in Value

You’ll earn 50,000 points after you spend $10,000 in the first three months and an extra 25,000 points after you spend an additional $10,000 also within the first three months from account opening. If you can meet this hefty $20,000 spend requirement, you’ll earn points worth more than three to four times the card’s annual fee meaning the value of your bonus could get you up to $1,400 in value.


Rewards on most spending with the Business Platinum are pretty average at 1 point per dollar spent. For businesses that have significant expenses, Amex will add a slight incentive to convince you to use their card: All purchases of $5,000 or more earn 1.5 points per dollar, up to 1 million extra points per year.


You can redeem your points for gift cards, through Amazon or other online retailers, to pay for charges on your bill or even to pay your fare in New York City taxis, but these options all significantly devalue your earned points to 1 cent per point or less.

The most lucrative way to redeem points is to transfer them to one of 20 partner airlines or hotels. Going this route may take some work and planning, but can help increase the value of your points significantly above the TPG valuation.

If you redeem your points via American Express Travel, they’re worth about 1.55 cents per point because of that 35% rebate. You’ll generally get the most value when you transfer your points to one of the issuer’s airline partners, rather than booking through the Amex Travel portal.

It’s important to note the Amex Pay With Points 35% rebate is good for all fights on one airline per year, which you’ll choose via You’ll also earn an annual $200 airline fee credit on that same carrier, good for incidentals like baggage fees, meaning it can’t be used to purchase airfare. You can still earn the 35% rebate on other carriers booked through the Amex site, but only on business or first-class tickets.


Rewards and redemption aside, the Amex Business Platinum really shines when it comes to travel perks. When your travels don’t take you to an airport that offers a Centurion Lounge, you’ll have wider access to The American Express Global Lounge Collection, which includes more than 1,000 Priority Pass lounges worldwide, as well as Delta Sky Club lounges, which you can access when you’re flying Delta.

Any premium travel rewards card worth its fee also offers reimbursement for Global Entry or TSA PreCheck. The Amex Business Platinum is no exception, giving you a reimbursement for your application fee once every 4 years. Cardmembers also receive 10 free Gogo in-flight Wi-Fi passes per calendar year. (You’ll also get free Boingo Wi-Fi access inside airports and at locations throughout the country.)

As for benefits that come in handy once you reach your destination, this card gives you access to Gold status with Hilton Honors and Starwood Preferred Guest, helping you to boost rewards earnings for hotel stays. You can link your SPG and Marriott accounts to get Marriott Rewards Gold status and earn more points with this hotel brand, as well. You can find other places to stay, too, with Amex’s Fine Hotels & Resorts program. When you book a stay at one of these hotel properties through Amex Travel, benefits include noon check-in, a room upgrade if available, daily breakfast and a $100 credit for your stay.

Card Recommendation

The Amex Business Platinum is a niche card that’s perfect for the big traveler. As far as business cards go, its travel perks are difficult, if not impossible, to beat.


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