American Express Business Platinum Credit Card

Card Details
Rewards	Earn 5X Membership Rewards points on flights and prepaid hotels through Amex Travel. You also earn 1.5X points on eligible business purchases of $5,000 or more, and 1X on other purchases. 1× point on other eligible purchases.
Signup Bonus	200,000 points after spending $20,000 in the first 3 months. 120,000 points (for U.K.) after meeting a £12,000 spend in 3 months per a UK-specific bonus listing
Annual Fee	$895
Cardmember Agreement	View Here
Cash Advance APR	Cash advances are not supported for this card.
Cash Advance Fee	Cash advances are not supported for this card.
Late Payment Fee	$39 for a late Pay-Over-Time balance; for subsequent payments, it’s the greater of $39 or 2.99% of any past-due “Pay In Full” amount.
Purchases APR	Variable between 17.99% – 28.74%, depending on creditworthiness.
* Card terms and offers are subject to change. Confirm current details with the issuer.

CARD OVERVIEW

The American Express Business Platinum Card is best known for its premium travel perks, big-business style benefits, and a hefty annual fee. Most users point to the airport lounge access, airline fee credits, and flexible Membership Rewards points as the standout features. Many reviewers also mention that the card’s large welcome offer can be extremely valuable if you redeem points for flights.

On the positive side, most users say the card feels “luxury” in the travel department—fast airport security programs, elite-style perks, and strong airfare rewards make frequent flyers happy. People also appreciate the purchase protections and the ability to manage large expenses with Pay Over Time.

The downsides come up often, too. Many reviewers mentioned the very high annual fee, plus the fact that several credits require ongoing effort to use fully. Some small-business owners also feel the rewards categories are narrowly focused on travel, making it less useful for everyday business spending.

Personally, I think this card is ideal for business owners who travel frequently and can squeeze full value out of the perks. If you’re mainly looking for strong ongoing rewards or a low-maintenance card, you’ll likely find better value elsewhere.