Link: Apply now for The Business Platinum Card® from American Express
The Business Platinum Card® from American Express is one of the most perks-rich business cards out there. Several weeks ago, we saw a lucrative limited time welcome offer rolled out on the card, making it a great time to apply. If you’re eligible for this card, it’s absolutely worth picking up, in my opinion.
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Amex Business Platinum Card offering points & statement credit
The Amex Business Platinum Card has a two-part limited time welcome offer, valid for applications through June 30, 2025. Here’s how the offer works:
- Earn 150,000 bonus Amex Membership Rewards points after spending $20,000 within the first three months
- Earn a $500 statement credit after spending $2,500 on qualifying flights booked directly with airlines or through American Express Travel® with the card within the first three months
Personally, I value Membership Rewards points at 1.7 cents each, meaning that to me, the 150,000 points are worth a staggering $2,550. Then there’s the value of the $500 statement credit — that should also be easy enough to maximize, especially with many airlines not having change fees on most kinds of fares.
There are lots of great uses for Amex points, as they can be transferred to all kinds of useful airline and hotel partners. Also keep in mind that having this card lets you unlock the full value of Amex Pay With Points, potentially allowing you to get up to 1.54 cents of value per point toward the cost of airfare. You could then use that redemption rate for all your linked Amex Membership Rewards cards.
Note that sometimes there are targeted welcome offers out there that are bigger. However, those aren’t publicly available, so there’s no link to share, but it’s definitely worth keeping an eye out for those deals, if you do come across them.
Who is eligible for the Amex Business Platinum Card bonus?
In line with Amex’s “once in a lifetime” rule, the welcome offer on the Amex Business Platinum Card isn’t available to those who currently have the card, or those who have had the card (or previous versions of the card) in the past. On top of that, Amex’s general card restrictions apply.
There are a few additional things to note:
- You are eligible for the welcome offer on this card if you’ve had any other Amex card, so you can apply for this card even if you have cards like The Platinum Card® from American Express (review) or American Express® Business Gold Card (review)
- While Amex typically has a limit of letting someone have at most five Amex credit cards (including personal and business cards), that doesn’t include this product, since it’s not a traditional credit card
- If you’re worried about the Chase 5/24 limit, getting approved for the Amex Business Platinum shouldn’t count as a further card toward that limit
Why the Amex Business Platinum Card is worth it
The Amex Business Platinum Card has a $695 annual fee (Rates & Fees). While this isn’t the most rewarding card in terms of the return on spending, it does have a huge number of valuable perks. Here are just some of them (enrollment is required for select benefits):
- Comprehensive airport lounge access, including access to Amex Centurion Lounges, access to Delta Sky Clubs, a Priority Pass membership, and more; in all cases, there are some terms and restrictions associated with access
- Elite status with travel brands, including Hilton Honors Gold status, Marriott Bonvoy Gold status, and elite status with multiple rental car companies
- Up to $1,400+ of credits or benefits for airline fees and wireless purchases, and with Adobe, CLEAR, Dell, Hilton, Indeed, and more
- Access to all kinds of special programs, from Amex Fine Hotels & Resorts, to the Amex International Airline Program, and more
Read a full review of the Amex Business Platinum Card here.
Bottom line
The Amex Business Platinum Card has a great limited time welcome offer of 150,000 bonus points upon completing minimum spending, plus up to a $500 statement credit for airfare spending. While the spending requirement is significant, so is the number of points you can earn, plus the statement credit, so this is worth it if you can swing it.
This card offers all kinds of great perks that can help offset the annual fee, ranging from lounge access, to credits, to elite status, and more. If you’re eligible for this card, this would be a great time to apply.
Do you plan on picking up the Amex Business Platinum Card with the limited time welcome offer?
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: The Business Platinum® Card from American Express (Rates & Fees).
Interesting how the inter individual definitions of "wow" differ...
I have to wonder why they keep mailing me this offer when I've had 2 biz plat's in the same co name .
WOW! 20,000 spend reqiurement
There are some good offers out there now for AMEX Biz Plat's. I wasn't planning on it but I just took them up on a 250K MR for $20K spend in 3 months SUB.
It was a pop-up a few days ago when I logged into my account from the website (not in the AMEX app). I previously had Biz Plat's including 2 (3?) separate ones concurrently during the COVID AMEX SUB bonanza but canceled my last one maybe a year ago? Happy hunting!
I see 250k/$20k + the $500 amex travel credit offer when logged in and selecting menu>cards.
I'm wondering, would using the 35% back when paying with points feature trigger the credit, since as I understand the transaction is considered a cash booking?
Caveat emptor! Had a similar offer in December. Applied on line, disclaimer abount bonus points in the sidebar. No pop-up when applying. Never had any business Amex. After required spend, not bonus points in first cycle. Called, rep added a note to management in my account. Second cycle, no bonus points. Called and got a management rep. She didn't budge and did a hard sell to downgrade.
My advice is verify that bonus points will be awarded. For me, bye-bye Amex.
I have a new Amex offer for $250 off $2500 on a previously opened Amex business plat- so the incremental value is only $250 more. Seems like there are better offers
Not as lucrative as last year's 250,000 offer (that I think was targeted IIRC)...
Keep in mind that if you book air tickets via the Biz. Plat. card, you can only make changes to the reservations by calling Amex. With the Pers. Plat, you can make changes yourself.
Additionally, Amex. travel (both online and the call center) does NOT show you all the possible connecting flights one can take if flying an itinerary that is not nonstop.
@ TravelinWilly -- Good point about considerations with booking through Amex Travel. However, keep in mind you can also take advantage of this by booking directly with airlines.
Ben, I may not worded my reply well, apologies. What I meant to say is that for 5x bonus point for airfare with the Amex Biz card, one has to book it via Amex travel.
From the T&C: "Earn 5X Membership Rewards® points on flights and prepaid hotels when you book at AmexTravel.com."
I have a r/t for S. Africa coming up that I booked via Amex travel with the Amex. Biz Plat card....
Ben, I may not worded my reply well, apologies. What I meant to say is that for 5x bonus point for airfare with the Amex Biz card, one has to book it via Amex travel.
From the T&C: "Earn 5X Membership Rewards® points on flights and prepaid hotels when you book at AmexTravel.com."
I have a r/t for S. Africa coming up that I booked via Amex travel with the Amex. Biz Plat card. I need to change the date for one of the segments. To do so, I cannot do it via the airline site or app, I can only do via calling Amex. travel.