The Business Platinum Card from American Express
Best for: Frequent-flying business owners who'll use the lounges and credits
Pros
- Wide-ranging lounge access
- Numerous statement credits aimed at businesses
- Membership Rewards that can be transferred to partners
Cons
- The annual fee is very steep
- Putting the credits to use takes some effort
- You need a business to qualify
Rates and offers change. Confirm today's terms on the issuer's official site before applying. Independent comparison — not financial advice.
A $895-a-year business card (as of 2026) that only makes sense if you'll actually use the lounge access and the stack of business statement credits, otherwise the fee buries you. Earning is lopsided: 5x on flights and prepaid hotels through Amex Travel, but just 1x on most ordinary business spend, so a flat-2x business card out-earns it on everyday purchases. The math works when credits plus lounge value clear the fee, roughly $3,000 in airfare a year already returns 15,000 points, but a business that mostly buys software and supplies should skip it. Confirm the current credit lineup and welcome offer on Amex's site, since they change yearly.
The Business Platinum Card from American Express at a glance
| Issuer | American Express |
| Card network | Amex |
| Annual fee | $895 |
| Rewards rate | 5x on flights and prepaid hotels via Amex Travel, 1.5x on eligible purchases of $5,000 or more and in key business categories (up to a cap), 1x on everything else |
| Welcome bonus | Large Membership Rewards welcome offer after the minimum spend |
| Intro APR | None |
| Regular APR | See terms (Pay Over Time) |
| Foreign transaction fee | None |
| Credit needed | Good to Excellent (700+) |
| Airport lounge access | Yes |
| Best for | Frequent-flying business owners who'll use the lounges and credits |
Rewards & perks
- Entry to the Global Lounge Collection
- Yearly credits covering Dell, Indeed, wireless and additional categories
- A 35% points rebate on select airline redemptions through Pay With Points
Pros
- Wide-ranging lounge access
- Numerous statement credits aimed at businesses
- Membership Rewards that can be transferred to partners
Cons
- The annual fee is very steep
- Putting the credits to use takes some effort
- You need a business to qualify
Who should apply
- A genuine business or side venture
- Personal credit in the good-to-excellent range
- The welcome offer is governed by Amex eligibility rules
Before you apply: card terms change often. Confirm the current annual fee, APR, welcome offer and rewards on the official American Express site. CreditCardCompare is an independent comparison resource, not the card issuer, and this is not financial advice.
How it compares with similar USA cards
| Card | Annual fee | Rewards | Intro APR | Foreign fee | Credit needed | Rating |
|---|---|---|---|---|---|---|
The Business Platinum Card from American ExpressFrequent-flying business owners who'll use the lounges and credits |
$895/yr | 5x on flights and prepaid hotels via Amex Travel, 1.5x on eligible pur… | None | None | Good to Excellent (700+) | |
ChaseInk Business Preferred 4263 7443 8082 4120 VALID THRU 05/30JORDAN TAYLOR Ink Business Preferred Credit CardSmall businesses with ad and travel spend under 5/24 |
$95/yr | 3x on travel, shipping, internet/cable/phone and advertising on social… | None | None | Good to Excellent (700+) | |
ChaseInk Business Unlimited 4757 4397 5841 7382 VALID THRU 01/32JORDAN TAYLOR Ink Business Unlimited Credit CardSimple flat-rate business spend that pairs with a points card |
None | Unlimited 1.5% cash back on all business purchases | 0% intro APR on purchases for 12 months | 3% | Good to Excellent (700+) | |
ChaseInk Business Cash 4231 6785 5639 2646 VALID THRU 10/28MORGAN LEE Ink Business Cash Credit CardBusinesses with office-supply and telecom spend |
None | 5% at office supply stores and on internet/cable/phone (first $25,000/… | 0% intro APR on purchases for 12 months | 3% | Good to Excellent (700+) |
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