4.6
/5
American Express
Business Platinum Card® from American ExpressBusiness Points Calculator
Earn up to 120,000 bonus Membership Rewards® points
Our Take
The most premium business card in Canada, and priced accordingly at $799/year. You get 1.25x Membership Rewards points on everything, a massive welcome bonus of up to 120,000 points, and a deep roster of perks: airport lounge access, hotel elite status, statement credits, and comprehensive insurance. The value proposition only works if you travel frequently and use the perks — the earn rate alone doesn’t justify the fee. But for businesses that fly often, entertain clients, and want best-in-class coverage, the benefits can far exceed the cost. Amex acceptance gaps in Canada remain a consideration.
Business Spending
Foreign currency
$
$
Everything else
$
Anything not listed here
Travel
$
$
$
$
$
$
Day-to-Day
$
$
$
$
$
Services & Bills
$
$
$
$
Employee cards
Leave empty to skip. When set, their fees come off the card's value.
Card Details
Based on $4,000 monthly business spending
Annual rewards
$1,143.42
in American Express Membership Rewards points a year
Welcome bonus
$0
not reached at this spending
Annual fee
$799
FX fees
$180
2.5% on $600/mo
First-year value
$164.42
$164.42 in years after
Annual rewards
$1,143.42
in American Express Membership Rewards points a year
Welcome bonus
+ $0
not reached at this spending
Annual fee
− $799
FX fees
− $180
2.5% on $600/mo
First-year value
$164.42
$164.42 in years after
Interest Rates
Purchase: 21.99% - 30%*
Cash Advance: 21.99% - 30%*
Annual Fees
Main Card: $799
Additional Cards: $250 per Platinum, $0 per Gold (max 99)
Welcome Bonus
- Earn up to 120,000 bonus Membership Rewards® points
- Earn 80,000 Membership Rewards® points after you charge $15,000 in net purchases to your Card in your first 3 months of Cardmembership
- Plus, earn 40,000 points when you make a purchase between 15 and 17 months of Cardmembership
- That’s up to $1,200 in statement credit that can be reinvested in your business
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
Card Type
Charge
Our Rating
4.6/5
Institution
American Express
How You Earn Rewards
- 1.25x points per $1 spent on all purchases
Business Platinum Card® from American Express Points Calculator
Your rewards by category
A year of your spending at this card's ongoing rates, grouped by what each category earns.
BASE
Spend: $48,180/yr
Reward: $1,143.45
All other business spending (17 categories)
Office Supplies
$3,000/yr
3,744 pts
Electronics & Software
$1,200/yr
1,500 pts
Gas & EV Charging
$3,600/yr
4,500 pts
Air Canada
$1,200/yr
1,500 pts
Other Airlines
$600/yr
744 pts
Hotels
$1,800/yr
2,244 pts
Car Rental
$600/yr
744 pts
Other Travel
$600/yr
744 pts
Dining & Restaurants
$3,600/yr
4,500 pts
Phone, Internet & Cable
$2,400/yr
3,000 pts
Shipping & Courier
$1,800/yr
2,244 pts
Accounting & Bookkeeping
$1,800/yr
2,244 pts
Recurring Bills & Subscriptions
$4,800/yr
6,000 pts
Transportation
$1,200/yr
1,500 pts
US Dollar Purchases
$6,150/yr
7,692 pts
Other Foreign Currencies (EUR, GBP, etc.)
$1,230/yr
1,536 pts
All Other Business Expenses
$12,600/yr
15,744 pts
Welcome bonus at your spending
$0
80,000 MR points when you spend $15,000 in the first 3 months
0 pts
40,000 MR points when you make a purchase in months 15-17 (card year 2)
40,000 pts
Insurance & Benefits
Insurance
Coverage
Common Carrier Travel Accident Insurance
Travel Medical Insurance (64 & under)
Flight Delay
Baggage Delay
Lost or Stolen Baggage
Hotel Burglary Insurance
Trip Cancellation
Trip Interruption
Mobile Device Insurance
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Car Rental Damage & Theft
Extended Warranty
Purchase Protection
Benefits
Details
Airport Lounge - American Express Global Lounge
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Status lift
Free Extra Night at Hotels
Interest on Balance
Nexus Program Rebate
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Concierge Services
Discount
American Express® Experiences
Priority Travel
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Travel Credit
Wireless Credit
Business Statement Credits
Complimentary Hotel Benefits
Pros & Cons
Pros
- Optimize all purchases
- Premium travel perks
- Comprehensive insurance
- Interest grace period
- Business statement credits
Cons
- High annual fee
- Limited acceptance
Legal
*Terms and conditions apply.
This charge Card has both Due in Full and Flexible Payment Option balances. All Due in Full balances must be paid each month. Interest rate of 30% applies to each delinquent Due in Full charge. The Preferred rate of 21.99% applies to your Flexible Payment Option balance. If you have 2 separate Missed Payments in a 12 month period, the Flexible Payment Option rate for your account will be 25.99%. If you have 3 or more separate Missed Payments in a 12 month period, the Flexible Payment Option rate will be 29.99%. These rates are effective from the day account is opened.
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. If you apply and get approved for an American Express Card, (I/we) may receive compensation from American Express, which can be in the form of monetary payment.