For business owners who want to master rewards for travel and office expenses, the Business Platinum Card® from American Express is a secret weapon!
Benefit Summary:
- Get 120,000 Membership Rewards® points when you spend $15,000 on eligible purchases during the first 3 months after account opening.
- Earn 5x Membership Rewards® points on prepaid hotels and flights at AmexTravel.com, and 1x points per dollar spent on eligible purchases.
- Get more than $1,000 in annual statement credits on a variety of business purchases, such as purchases from Dell Technologies, Indeed, Adobe, and more!
- Unlock up to $200 in statement credits at one selected airline each calendar year for checked bags and more!
- Access over 1,400 luxury airport lounges throughout 140 different countries.
Business owners looking for a credit card are going to want to seriously consider the Business Platinum Card® from American Express. This card boasts huge rewards and credit opportunities, plus an impressive intro offer and other perks. With the ability to earn 120,000 points if you spend $15,000 during the first three months after opening your account, your credit card rewards can start off with a bang!
The Business Platinum Card® from American Express
- Annual Fee: $695
- Intro Offer: 120,000 points when you spend $15,000 on eligible purchases during the first 3 months after account opening
- Rewards: 5x Membership Rewards® points on prepaid hotels and flights booked on AmexTravel.com; 1.5x points on eligible purchases of $5,000 or more everywhere, or at US construction material and hardware suppliers, shipping providers, and electronic goods retailers and software and cloud system providers, for up to $2 million on purchases per year; 1x point per dollar spent on eligible purchases. Terms Apply.
Why We Like This Card
The Business Platinum Card® from American Express was specifically designed for business owners who travel frequently. This means that it has big earning opportunities in both office supply as well as travel categories. In fact, you can earn 5x Membership Rewards® points on prepaid hotels and flights at AmexTravel.com, as well as 1.5x Membership Rewards® points on eligible purchases made at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, shipping providers, and purchases of $5,000 or more anywhere else, for up to $2 million each year! If you spend a lot in these categories, then using the Business Platinum Card® from American Express can help you earn rewards that you can spend in a variety of ways.
Learn More about the Business Platinum Card® from American Express
But that’s not all – you can also earn 1x points per one dollar spent on other eligible purchases. Your earning capabilities aren’t limited to the above categories! Rest easy knowing that by using your Business Platinum Card® from American Express for eligible expenses, you’re earning rewards to further help your business.
If you choose to redeem your points for flights with a selected qualifying airline, you can also get a 35% bonus on your points! You can do this for up to 1,000,000 bonus points each calendar year if you book at AmexTravel.com. You can also change your selected airline each year, giving you the freedom and flexibility to use your preferred airline. With all the ways to earn rewards points, it’s no wonder why Business Platinum Card® from American Express is one of our favorites!
Recommended Credit Score
Because of the benefits that the Business Platinum Card® from American Express has, its recommended credit score is Good to Excellent. This is typically in the 670 to 850 range. Having a better credit score can allow you to apply for cards with better features, such as lower APRs, rewards, and other perks. When you apply for a business credit card, you can start building up your business’s credit history and open up opportunities for other credit lines in the future (as long as you use your business credit card responsibly).
Quick Review
Small business owners looking for big earning opportunities in travel and office supply credit card rewards categories will be thrilled to find the Business Platinum Card® from American Express! This card allows you to earn 5x Membership Rewards® points on prepaid hotels and flights at AmexTravel.com and 1.5x Membership Rewards® points on eligible purchases made at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, shipping providers, and purchases of $5,000 or more anywhere else (for up to $2 million per year). Plus with other rewards earning opportunities and annual statement credits, the Business Platinum Card® from American Express can definitely cover the cost of its annual fee.
Other Business Credit Cards
Want to consider your options? Here are some other great cards for small businesses! These cards have sizable rewards and intro offers, plus other business perks.
Ink Business Cash® Credit Card
- Annual Fee: $0
- Intro Offer: $900 Bonus Cash Back if you spend $6,000 on eligible purchases during the first 3 months after account opening
- Rewards: 5% Cash Back on the first $25,000 spent in combined purchases at Office Supply Stores and on Phone Services, Cable, and Internet during each Account Anniversary Year; 2% Cash Back on the first $25,000 spent in Combined Purchases at Restaurants and Gas Stations during each Account Anniversary Year; unlimited 1% Cash Back on other purchases.
- Other Perks: 0% Intro APR for 12 months on new purchases (with reg_apr,reg_apr_type thereafter)
The Ink Business Cash® Credit Card allows you to earn 5% cash back on office necessities such as supplies, phone, cable, and internet, on the first $25,000 spent annually, and all for no annual fee! In addition, you can earn 2% cash back on the first $25,000 spent annually at restaurants and gas stations, and an unlimited 1% cash back on other purchases. If you spend $6,000 on eligible purchases during the first 3 months after account opening, you can also earn an additional $900 bonus cash back! Those who are planning on making big purchases for their small businesses may also want to take advantage of their 0% Intro APR for 12 months on new purchases (with reg_apr,reg_apr_type thereafter). The downsides of this card? Those who anticipate spending more than $25,000 may be deterred by the cap, and you have to earn a minimum of 2,000 points before they can be redeemed. But for the amount of rewards you can earn and with no annual fee, the Ink Business Cash® Credit Card is a great choice for small businesses!
American Express® Business Gold Card
- Annual Fee: $295 ($375 if application is received on 2/1/24 or later)
- Intro Offer: 70,000 points if you spend $10,000 on eligible purchases during the first 3 months after account opening.
- Rewards: 4x Membership Rewards® points on the two categories that your business spent the most in each month; 1x points on other purchases
- Other Perks: No limit on the amount of points you can earn and points don’t expire as long as your account is in good standing.
The American Express® Business Gold Card matches the spending habits of your business by allowing you to earn 4x the Membership Rewards® points on the two categories that your business spends the most in each month for up to the first $150,000 spent during the calendar year. This is great if your spending habits change frequently and you don’t want to be stuck with a card that doesn’t offer high rewards in certain categories. Plus you can still earn 1x points on other eligible purchases. If you use your rewards points on travel, you can get 25% of your points back if you book eligible flights on American Express Travel (for up to 250,000 points back each calendar year). However, you won’t get points back for non-travel related redemptions, making this card a better choice for those who travel frequently. Terms Apply.
Opinions expressed here are author’s alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved, or otherwise endorsed by any of the entities included within the post. The content on this page is accurate as of 3/23/2023; however, some of the offers mentioned may have expired.