Amex Business Platinum Card Review

The American Express Business Platinum Card is a premium business credit card designed for business owners and entrepreneurs who frequently travel and are looking for a variety of travel-related benefits, as well as other valuable features. Here's a review of the Amex Business Platinum Card:

Key Features:

1. Welcome Bonus: American Express often offers a generous welcome bonus to new cardholders who meet the minimum spending requirement within a specified time frame. This bonus can include a substantial amount of Membership Rewards points.

2. Membership Rewards Points: This card allows you to earn Membership Rewards points on eligible purchases. You can use these points for a variety of redemptions, including travel, gift cards, merchandise, and more.

3. Travel Benefits:

   • Airport Lounge Access: Cardholders get access to various airport lounges worldwide, including Centurion Lounges, Priority Pass Select, and Delta Sky Club when flying Delta.
   • Global Entry or TSA PreCheck Fee Credit: Receive a statement credit for the application fee for either Global Entry or TSA PreCheck.
   • Airline Fee Credit: Get an annual statement credit for incidental airline fees, such as baggage fees or in-flight purchases, with a selected airline of your choice.
   • Fine Hotels & Resorts: Access to the Fine Hotels & Resorts program, which offers benefits like room upgrades and complimentary breakfast at participating luxury hotels.

4. Business and Travel Protections:

   • Purchase Protection: Provides coverage for eligible purchases in the event of damage or theft.
   • Extended Warranty: Extends the warranty of eligible items purchased with the card.
   • Baggage Insurance Plan: Coverage for lost, damaged, or stolen baggage when traveling on a common carrier.
   • Travel Accident Insurance: Provides coverage in the event of an accident when traveling on a common carrier.

5. No Foreign Transaction Fees: This card doesn't charge foreign transaction fees, making it a good choice for international business travel.

6. Business Management Tools: American Express offers expense management tools and the ability to issue employee cards with customizable spending limits.

Pros:

• Access to airport lounges, including Centurion Louges, can significantly enhance the travel experience.
• The card offers a substantial welcome bonus.
• Membership Rewards points are flexible and can be used for various travel redemptions or transferred to airline and hotel partners.
• The annual statement credits for Global Entry/TSA PreCheck and airline fees can help offset the annual fee.
• The card includes several travel and purchase protections.

Cons:

• The card has a relatively high annual fee.
• Some of the travel benefits are associated with specific airlines or hotel programs, so they may not be as valuable if you don't use those services.
• To maximize the value of this card, you should be a frequent traveler.

In summary, the Amex Business Platinum Card is an excellent choice for business owners who travel frequently, especially if you can take full advantage of the travel-related benefits and rewards. The card's annual fee is relatively high, but the statement credits and rewards can offset this cost for those who make regular use of the card's features. Remember to carefully review the terms and benefits of the card, as they may change over time.