American Express Business Platinum Card®
4.2/5
Up to 120,000 Membership Rewards® points (80,000 in 1st year)
Card Details
Interest Rates
Purchase: 21.99% - 30%*
Cash Advance: 21.99% - 30%*
Annual Fee
$799
Annual Income
Personal: N/A
Household: N/A
Credit Score Estimate
Welcome Bonus
Earn 80,000 Membership Rewards® points after you charge $15,000 in net purchases on your Card in your first 3 months of Cardmembership. Plus, earn 40,000 points when you make a purchase between 14 and 17 months of Cardmembership. That’s up to $1,200 in statement credit that can be reinvested in your business.
Card & Reward Type
Our Rating
4.2/5
Institution
American Express
Rewards†
- 1.25x points per $1 spent on all purchases
Insurance & Benefits†
Insurance
Coverage
Travel Accident
$500,000
Emergency Out of province Medical
15 days
Flight Delay
$1,000
Baggage Delay
$1,000
Lost or Stolen Baggage
$1,000
Hotel Burglary Insurance
$1,000
Trip Cancellation
$1,500
Trip Interruption
$1,500
Mobile Device Insurance
$1,500
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Car Rental Damage & Theft
Yes
Extended Warranty
1 year
Purchase Protection
90 days
Benefits
Details
Airport Lounge - American Express Global Lounge
Take full advantage of the American Express Global Lounge Collection™ which unlocks access to over 1400 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience.
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Status lift
Earn Marriott Bonvoy Gold Elite status by spending $30,000 or staying 10 nights combined with 15 Elite Night Credits. Status retention depends on Marriott Bonvoy terms.
Free Extra Night at Hotels
Each year, 8-10 weeks after your anniversary, receive a Free Night Award for a Marriott Bonvoy room up to 35,000 points, valid for 1 year. Resort fees excluded.
Interest on Balance
Up to 55 interest-free days
Nexus Program Rebate
Access a $100 credit for NEXUS with your Cardmembership
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Concierge Services
Personalized concierge at your service
Discount
Your Business Platinum Card gets you savings on the seats you really want and lower fares on premium tickets with participating airlines
American Express® Experiences
Access Front Of The Line® Presale & Reserved Tickets to some of your favourite concerts, theatre shows, and special offers with American Express® Experiences
Priority Travel
At Toronto Pearson Airport get Priority Security lane, Complimentary valet and 15% discount at the Express Park and daily park
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Travel Credit
Access a $200 Annual Travel Credit each year of your Cardmembership
Wireless Credit
Up to $120 in statement credits each year. Spend $10 each month with eligible wireless providers month and get a $10 credit.
Business Statement Credits
Up to $500 in business statement credits. Enroll and earn statement credits on eligible purchases with $200 Dell statement credit, $300 Indeed statement credit.
Pros & Cons
Pros
- Generous Earn Rate: 1.25 points per $1 spent on all purchases.
- Premium Travel Perks: Includes a $200 annual travel credit, access to over 1,400 airport lounges worldwide, and hotel benefits like Marriott Bonvoy Gold Elite status.
- Comprehensive Insurance: Extensive travel and purchase insurance, including mobile device coverage and trip interruption protection.
- Interest Grace Period: Up to 55 interest-free days
Cons
- High Annual Fee: The card comes with a hefty $799 annual fee, which may not be justifiable for all users.
- Limited Acceptance: As an American Express card, it has lower acceptance compared to Visa or Mastercard.