300,000 Membership Rewards points
High-spending businesses whose travel and software expenses easily justify the premium annual fee.
The Amex Business Platinum is the premium business travel card for owners who spend heavily, travel frequently, and want the best airport lounge network available on a business card. The welcome offer of up to 300,000 Membership Rewards points after $20,000 in three months is extraordinary — at $0.02 per point that is approximately $6,000 in travel value — but hitting $20,000 in 90 days requires either substantial natural business spend or careful timing around major purchases, taxes, or equipment cycles.
The annual fee increased to $895 in late 2025, and the credits that offset it are structured for business use. The $400 annual Dell Technologies credit, $150 Adobe credit, $120 wireless credit, $90 Indeed recruiting credit, $200 airline incidental credit, $600 hotel credit, and $209 CLEAR Plus credit stack to well over $1,700 per year in potential value. If your business actually uses Adobe products, recruits on Indeed, and ships or travels regularly, the card can pay for itself several times over.
The lounge access mirrors the personal Platinum: Centurion Lounges, Priority Pass Select, 10 Delta Sky Club visits, and over 1,550 lounges globally. The 35% points rebate when paying for first or business class with points through Amex Travel — or any class with your selected airline — is a meaningful ongoing earn multiplier for frequent travelers. The 1.5x on purchases of $5,000 or more is especially powerful for businesses with large recurring vendor payments.
You should get this card if you run a high-revenue business, travel on it regularly, and can organically hit the spend threshold without manufactured purchases. The combination of lounge access, premium credits, and the MR transfer ecosystem is unmatched in the business card market.
You should skip it if the $895 fee requires you to stretch to justify it, or if your business spend is too low to hit $20,000 in three months. The Amex Business Gold at $375 is the more practical middle ground. As always with Amex, lifetime language applies — this bonus is a one-time opportunity, so apply when your spend timing is strongest.
Amex lifetime language applies: you can only earn the welcome bonus once per lifetime on the Business Platinum. Annual fee increased to $895 in late 2025 (from $695 for accounts opened before September 18, 2025). The 300,000-point offer is the maximum — actual offers vary and may be lower. The $20,000 in 3 months spend requirement is among the highest in the market.
Cashback Match — all cash back doubled at end of year 1
Annual Fee: $0
175,000 Membership Rewards points
Annual Fee: $895
150,000 bonus points (limited time)
Annual Fee: $795
Cashback Match end of first year
Annual Fee: $0
$150 cash back (15,000 points)
Annual Fee: $0
No welcome bonus
Annual Fee: $0 first year, then $99
Miles Match — all miles doubled at end of year 1
Annual Fee: $0
100,000 Membership Rewards points
Annual Fee: $325
80,000 bonus miles
Annual Fee: $0 intro first year, then $150
70,000 bonus miles
Annual Fee: $0 intro first year, then $150
75,000 American Airlines miles
Annual Fee: $0 intro first year, then $99
80,000 Hilton Honors points
Annual Fee: $0
130,000 Hilton Honors points
Annual Fee: $150
175,000 IHG One Rewards points
Annual Fee: $99
200,000 Membership Rewards points
Annual Fee: $375
Cashback Match at end of first year
Annual Fee: $0