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Is the Amex Business Platinum Worth It? A List of Benefits

Is the Amex Business Platinum Worth It? A List of Benefits

*Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any credit card issuer. This site may be compensated through a credit card issuer partnership.

This article was last updated May 29, 2020. Terms and conditions may have changed. For the most accurate information, please consult the issuer website.

With an annual fee of $595, The Business Platinum Card® from American Express is one of the most expensive business travel credit cards around. In return, it awards cardholders with a lengthy list of benefits, establishing itself as a top-of-the-line card for business owners with a taste for luxury.

For current cardholders, Amex has made the card a little cheaper to carry in 2020, with a one-time $200 credit following account renewal. Let’s take a look at some of the highlights of The Business Platinum Card® from American Express.

To see rates & fees for The Business Platinum Card® from American Express please click here.

The Business Platinum Card® from American Express

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on American Express's secure site

Terms and Conditions apply

Rates & Fees

  • Earn up to 75,000 Membership Rewards® points*

  • Complimentary access to over 1000+ airport lounges*

  • Get 50% more Membership Rewards® points. That's 1.5 points per dollar, on each eligible purchase of $5,000 or more*

  • Earn 75,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership.
  • Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
  • Get 50% more Membership Rewards® points. That's an extra half point per dollar, on each eligible purchase of $5,000 or more. You can get up to 1 million additional points per year.
  • Enroll to get up to $200 in statement credits annually by getting up to $100 semi-annually for U.S. purchases with Dell. Terms apply.
  • 35% Airline Bonus: Use Membership Rewards® Pay with Points for all or part of a flight with your selected qualifying airline, and you can get 35% of the points back, up to 500,000 bonus points per calendar year when you book on amextravel.com.
  • Terms Apply
  • See Rates & Fees

See additional details for The Business Platinum Card® from American Express

More Info

To start with, there’s a generous welcome offer for cardholders who can meet the minimum spend requirement. Earn 75,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership. And for rewards, earn 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com. Get 50% more Membership Rewards® points. That's an extra half point per dollar, on each eligible purchase of $5,000 or more.

Business owners carrying this card don’t have to worry about a foreign transaction fee when traveling outside the United States — there is none.

Read our review of The Business Platinum Card® from American Express.

Air travel benefits

Airport lounge access

The Business Platinum Card® from American Express comes with top-of-the-line airport lounge access, thanks to the American Express Global Lounge Collection. The collection includes more than 1,200 airport lounges across 130 countries. This includes the following lounges:

The Centurion Lounge

The Business Platinum Card® from American Express offers unlimited access to lounges in the Centurion Lounge for you and two guests. Complimentary benefits include:

  • High-speed Wi-Fi
  • Spa services
  • Food prepared by award-winning chefs
  • Wine and signature cocktails
  • Shower suites in some locations
  • Luggage lockers in some locations
  • A computer bar with printer/fax/copier

The International American Express Lounges

This lounge network consists of 11 lounges at international locations, including:

  • A Centurion Lounge in Argentina
  • Two American Express lounges in Australia
  • Two American Express lounges in India
  • Six Centurion Clubs in Mexico

Available services and guest access policies vary by location.

Priority Pass

There are more than 1,300 Priority Pass lounge locations in over 130 countries. You can have one guest join you free of charge. Available amenities include:

  • Wi-Fi
  • Food and drinks
  • Spa treatments, massage rooms and sleeping areas at some locations

Escape Lounges

Cardholders with The Business Platinum Card® from American Express get complimentary lounge access for themselves and up to two guests at locations in the U.S. Each lounge location offers a unique dining experience and drink menu as Escape Lounges partners with local chefs and offers locally crafted beer (as well as wine and cocktails).

Note that your card doesn’t offer complimentary access to lounge locations in the U.K.

Delta Sky Club

When flying Delta, cardmembers can take advantage of Delta Sky Club lounge. Amenities include:

  • Wi-Fi
  • Wine, craft beer and spirits
  • Satellite TV
  • Dataports, fax machines and printers
  • Showers in some locations

Plaza Premium

Cardholders enjoy access to Plaza Premium lounges regardless of airline or ticket class, and may bring one companion as a complimentary guest. This lounge network is based in the Asia-Pacific region, but has lounges in a variety of locations, including Hong Kong, London and Vancouver.

Air Space

Air Space operates a lounge in San Diego International Airport, accessible to Terminal 2 passengers. Amenities include dining options, wine, beer and spirits, and space to work. Cardholders can bring up to two complimentary guests.

International Airline Program

This program offers lower fares on tickets with more than 20 airlines. Eligible ticket types include first, business and premium economy class. Discounts can be applied for the cardholder’s ticket and tickets for up to seven companions. Participating airlines can be seen below:

Use points to book or upgrade travel

You can use Membership Rewards points to cover all or part of a travel booking on AmexTravel.com. Types of travel you can book include:

  • Flights
  • Hotels
  • Flight + hotel combos
  • Cars
  • Cruises

There’s also the option to use your points to place an offer on a seat upgrade when you have an upcoming flight.

Read: How credit card points & miles work

Transfer points to travel partners

You can transfer American Express Membership Rewards points to the following 19 airline partners and three hotel partners:

  • Aer Lingus AerClub (1,000 Membership Rewards points = 1,000 Avios)
  • AeroMexico Club Premier (1,000 Membership Rewards points = 1,600 Premier Points)
  • Air Canada Aeroplan (1,000 Membership Rewards points = 1,000 Aeroplan Miles)
  • Air France KLM (1,000 Membership Rewards points = 1,000 Flying Blue Miles)
  • Alitalia Millemiglia (1,000 Membership Rewards points = 1,000 Alitalia Miles)
  • All Nippon Airways ANA Mileage Club (1,000 Membership Rewards points = 1,000 ANA Mileage Club Miles)
  • Asia Miles (1,000 Membership Rewards points = 1,000 Asia Miles)
  • Avianca LifeMiles (1,000 Membership Rewards points = 1,000 LifeMiles)
  • British Airways Executive Club (1,000 Membership Rewards points = 1,000 Avios)
  • Delta Air Lines Delta SkyMiles (1,000 Membership Rewards points = 1,000 miles)
  • El Al Israel Airlines Frequent Flyer Club (1,000 Membership Rewards Points = 20 Matmid Points)
  • Emirates (1,000 Membership Rewards points = 1,000 Skywards Miles)
  • Etihad Airways (1,000 Membership Rewards points = 1,000 Etihad Guest Miles)
  • Hawaiian Airlines (1,000 Membership Rewards Points = 1,000 HawaiianMiles®)
  • Iberia Plus (1,000 Membership Rewards points = 1,000 Avios)
  • JetBlue Airways TrueBlue (250 Membership Rewards points = 200 TrueBlue points)
  • Qantas Frequent Flyer (500 Membership Rewards points = 500 Qantas Points)
  • Singapore Airlines KrisFlyer (1,000 Membership Rewards points = 1,000 KrisFlyer® Miles)
  • Virgin Atlantic Flying Club (1,000 Membership Rewards points = 1,000 Flying Club miles)
  • Choice Privileges (1,000 Membership Rewards points = 1,000 Choice Privileges)
  • Hilton Honors (1,000 Membership Rewards points = 2,000 Hilton Honors Points)
  • Marriott Bonvoy (1,000 Membership Rewards points = 1,000 Marriott Bonvoy points)

Annual airline fee credit

This benefit allows you to select one qualifying airline and receive up to $200 in statement credits per calendar year to go toward baggage fees and other incidental air travel fees. You’ll get an opportunity once a year in January to change the airline selected for the credit.

Fee credit for Global Entry or TSA Precheck

This card offers a statement credit of up to $100 every four years to cover the Global Entry application fee, or a statement credit of up to $85 every four and a half years to cover the TSA Precheck application fee. Note that Global Entry includes TSA Precheck for no additional fee. Having Global Entry or TSA Precheck can help you get through airport security with less hassle at certain airports — for the frequent traveler, this fee credit is a valuable benefit.

Read: 10 credit cards that cover Global Entry, TSA Precheck fees

Baggage insurance plan

This benefit offers coverage for lost, damaged or stolen baggage when you purchase the entire fare for a common carrier vehicle ticket (such as a plane, train, ship or bus) on The Business Platinum Card® from American Express. Coverage applies whether you put the purchase on this card or redeem Membership Rewards points from this card for the ticket, but coverage does not apply if you use another form of payment, frequent flyer miles or points from another program.

The baggage insurance offered by The Business Platinum Card® from American Express is secondary coverage, which means it pays eligible benefits not paid by any primary insurance that you have. And be aware that for checked baggage, you must file a written report of the loss with the common carrier, otherwise you won’t be able to make use of this card’s insurance.

Trip delay insurance

If you purchased a round-trip ticket entirely on this card, and your trip is delayed by more than six hours for a covered reason, trip delay insurance may kick in. Coverage is limited to a maximum of $500 per trip and two claims per card in a consecutive 12-month period.

Some of the expenses that might be reimbursable include:

  • Meals
  • Lodging
  • Toiletries
  • Medication
  • Other personal-use items

Make sure to file a claim by calling 1-844-933-0648 within 60 days of the incident. And you’ll need to provide written proof within 180 days of the delay.

Trip cancellation and interruption insurance

If you purchased a round-trip ticket on a common carrier entirely with this card, and a covered reason cancels or interrupts the trip, this benefit may reimburse you.

The guide to benefits defines a common carrier as “any land, water or air conveyance operating under a valid license for the transportation of passengers for hire and for which a ticket must be purchased prior to commencing travel.”

Note that taxis, limousine services, commuter rail and commuter bus lines, personal automobiles and rental vehicles are not included. Coverage applies to you, your family members, and your traveling companions, as long as all tickets were purchased on this card.

You’ll need to open a claim within 60 days by calling 1-844-933-0648, and you’ll need to provide written proof of the incident within 180 days from the date it happened.

Read: Credit cards with travel insurance

Business Platinum travel service

Need help planning your trip? This benefit provides travel counselors who can provide custom itineraries and tailored recommendations for your travels.

Premium Global Assist® Hotline

This hotline is available 24/7 if you need to get connected with medical, legal, financial or other select emergency coordination and assistance services. Note that some services may involve a cost charged by a third-party service provider. While this benefit isn’t specific to air travel, you do have to be traveling more than 100 miles from home to take advantage of it.

Car travel benefits

Car rental loss and damage insurance

When you put the entire cost of renting a car on The Business Platinum Card® from American Express, you may get secondary coverage of up to $75,000. Note that secondary coverage means the card’s policy kicks in only after your personal auto insurance is activated, and will cover only what wasn’t paid for by your other insurance.

Premium car rental privileges

Enjoy complimentary membership and benefits, such as special upgrades and discounts when renting a car with the following programs:

  • Avis Preferred Club. Get a discount on any rates you see published, starting at 15%. And enjoy a complimentary one car-class upgrade whenever available.
  • Hertz Gold Plus Rewards. Savings of up to 15% on standard rates, and of up to 25% on rentals of Prestige Collection vehicles. Enjoy a complimentary one car-class upgrade whenever available. Guaranteed vehicle availability in participating locations. Also, get a grace period when returning the vehicle, complimentary one-way rentals and courtesy pick-up/delivery of vehicle when available at participating locations.
  • National Emerald Club Executive. After six rentals, earn a seventh rental free. When renting in the U.S. and Canada, select any car (full-size and above) in the Executive Area and only pay the mid-size rate. Guaranteed free upgrade in the U.S. and Canada when you make a reservation using the mid-size rate. Plus, enjoy a free one car-class upgrade in the U.K., Ireland, France, Spain and Germany when available.

Note that you must still enroll to become a member.

Hotel benefits

Marriott Bonvoy Gold Elite Status

Benefits that come with this status include:

  • 25% bonus Marriott Bonvoy points on eligible hotel purchases
  • Enhanced room upgrade based on availability at check-in
  • Checkout time as late as 2 p.m. based on availability
  • Welcome gift when you arrive of 250 or 500 bonus points (varies by brand)
  • Enhanced in-room internet access
  • Exclusive member rates when booking directly on Marriott’s websites or apps
  • Guarantee of lodging and compensation if Marriott can’t honor your reservation
  • Use your phone to check in and out, and use your phone as your room key
  • Book and pay for your room through a combination of cash and points
  • At participating hotels, instantly redeem Marriott Bonvoy points for food and experiences
  • Access to discounted PointSavers bookings

Hilton Honors Gold Status

Benefits that come with this status include:

  • 80% bonus Hilton Honors points on stays
  • Room upgrades (depending on space availability)
  • Free continental breakfast
  • Milestone bonuses
  • Plus, silver- and member-level discounts including fifth night free on reward stays, elite rollover nights, digital check-in and digital key and Hilton Honors Experiences

Fine Hotels & Resorts benefits

More than 1,000 properties worldwide are included in the Fine Hotels & Resorts program. When you use your card to book a stay at one of these properties, get the following benefits:

  • Room upgrade upon arrival when available
  • Daily breakfast for two people
  • Guaranteed 4 p.m. late checkout
  • Noon check-in when available
  • Complimentary Wi-Fi access
  • A unique amenity such as a spa or food and beverage credit

Cruise Privileges Program

The Cruise Privileges Program offers credits and benefits with 11 cruise partners for The Business Platinum Card® from American Express cardholders. Most partners require that your cruise be at least five days or more for benefits to apply, though some require cruises of six or seven days. Also, bookings must be made through the Platinum Card Travel Service. Cruise partners and benefits are as follows:

Crystal Cruises

  • $300 per stateroom shipboard credit
  • $200 per stateroom shore excursion credit


  • Up to a $300 per suite shipboard credit (varies by stateroom/suite category)
  • Complimentary bottle of wine

Holland America

  •  Up to a $300 per suite shipboard credit (varies by stateroom/suite category)

Paul Gauguin

  •  A $300 per stateroom shipboard credit
  •  An additional special amenity

Silversea Cruises

  • $300 per suite shipboard credit
  • Complimentary bottle of champagne

Regent Seven Seas Cruises

  • $300 per suite shipboard credit

The Yachts of Seabourn

  • $300 per suite shipboard credit
  • Special bed turn-down service (one evening)
  • Complimentary bottle of wine


  • $300 per stateroom shipboard credit (up to $225 for single travelers)
  • One Romance Package per cabin (deluxe hors d’oeuvres, complimentary bottle of champagne, chocolate-covered strawberries)

Royal Caribbean International® Cruise Line

  • Shipboard credit of up to $300 per stateroom on cruises of five days or more based on the type of stateroom category booked
  • Complimentary bottle of champagne or wine

Oceania Cruises

  • $300 shipboard credit per stateroom
  • Premium wine tasting event
  • Complimentary bottle of wine


  • $300 shipboard credit per stateroom
  • Complimentary bottle of champagne and box of chocolates

Purchase benefits

Annual fee credit for Dell purchases

When your business makes U.S. purchases with Dell on this card, you can earn up to $100 in statement credits between January and June and up to $100 in statement credits between July and December each year. This is valid only for purchases made directly with Dell or at dell.com.

And as part of a move by issuers to add value to premium travel cards at a time when Americans aren’t traveling much due to the coronavirus outbreak, Amex doubled the Dell benefit for 2020. This means a maximum credit of $200 from May through June and a maximum of another $200 from July through December, for a total possible benefit of $400 in 2020.

Return protection

With return protection, you may be able to get refunded for a purchase made on this card up to $300 per item and $1,000 per calendar year. Coverage is limited to 90 days from purchase, and shipping and handling costs won’t be refunded. Items not eligible for return protection include:

  • Motor vehicles
  • Perishable items
  • Computer software
  • Jewelry

More restrictions and terms apply.

ShopRunner Membership

Get free two-day shipping on qualifying purchases at more than 100 online stores with a complimentary ShopRunner membership, as well as free return shipping. Note that you have to sign up with your card number to take advantage of this benefit.

Wireless and shipping benefits

Wireless credit

When you use The Business Platinum Card® from American Express to purchase wireless telephone services directly from U.S. service providers, you can get up to $20 in statement credits per month. The benefit is valid from May through December of 2020, meaning there’s a total of $160 in potential value.

Shipping credit

Use your card to pay for courier, postal and freight shipping services from UPS, FedEx and USPS, and earn up to a $20 statement credit each month from May through December 2020. Spending at other companies “that are primarily in the business of courier, postal, and freight shipping services” may also be eligible to earn the credit, according to Amex’s website. If you earn the statement each month it’s available, that’s a $160 total value.

Entertainment benefits

Business Platinum Card Concierge

Whether you need to arrange lunch meetings, get concert tickets to entertain clients or book ground transportation, there’s a concierge on hand to help you. Just call the number on the back of The Business Platinum Card® from American Express or email from the email address associated with your Amex account.

Global Dining Collection

This benefit offers special access to restaurant reservations, as well as the opportunity to meet high-level chefs at exclusive culinary events. The program includes chefs with restaurants in locations like New York City, San Francisco, France, Italy, Peru and more.

Preferred Seating Program

Preferred Seating allows cardholders access to premium seats at sports games and other events. When buying tickets online, on a mobile device or over the phone, you can redeem this benefit by entering the 10-digit customer service number on the back of your card when prompted. For certain events on Ticketmaster, you’ll have to link your card with your Ticketmaster account and enter your 15-digit card number when prompted.

Is The Business Platinum Card® from American Express worth it?

For business owners who travel frequently, The Business Platinum Card® from American Express offers more than enough benefits to make up the value of its $595 annual fee. It also offers a generous welcome offer for those who can meet the spending requirement.

However, for businesses that only require occasional travel, a less expensive travel card or a cashback card could be a better option. See our list of best business credit cards for recommendations.

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