Card overview
The Amex Business Platinum card is a luxury travel card. Travel protections, credits for airline incidental fee, CLEAR, upgraded Hilton and Marriott status plus Hertz President Circle, and so much more with this card.
Credit
You will need good credit for this card.
Reconsideration
If you apply for the card and get declined, you can call the reconsideration department to be reconsidered at 1-800-567-1083
Annual fee
$695
Card rewards
Earn 5 points on flights and prepaid hotels booked on Amex Travel
Earn 1.5 points on credit card swipes totaling $5,000 or more and for swipes at U.S. construction material and hardware suppliers, electronic goods retailers, software and cloud system providers, and shipping providers.
Earn 1 point on all other purchases
Card benefits
Auto Rental Collision Insurance
Get secondary coverage on car rentals, worldwide except for in Australia, New Zealand, and Italy, for a max of $75,000
You will get coverage for cars rented for up to 30 days.
You can get primary coverage, for a max of $100,000, if you choose to pay for an Amex Premium Plan. You will get coverage for cars rented for up to 42 days.
You must pay for the rental with your Amex Platinum Business card in order to be eligible for coverage.
Cell Phone Protection
Get reimbursed if your cell phone gets damaged or stolen. You will get reimbursed for cell phone repairs or replacement, for up to $800 per claim with a maximum of 2 claims per year.
This includes a $50 deductible per claim.
You must pay your monthly cell phone bill with your Amex Platinum Business card in order to be eligible for coverage.
Extended Warranty Protection
Get up to a year of extended warranty on purchases you make. You will get one additional year to the original manufacturer’s warranty time, and max $10,000 per claim and $50,000 per year.
You must pay for at least part of the purchase with your Amex Platinum Business card in order to be eligible for coverage.
Foreign Transaction Fee
There are no foreign transaction fees on this card.
Global Entry and TSA pre-check
Get a statement credit for Global Entry or for TSA Pre-check every 4-4.5 years.
Lost Luggage Reimbursement
Get reimbursed for carry-on and checked-in luggage that is lost or damaged during a trip.
Get a max of $2,000 per person for checked-in luggage and get a max of $3,000 per person for checked-in and carry-on luggage combined.
You must pay for at least part of the trip with your Amex Platinum Business card in order to be eligible for coverage. The cardholder and the cardholder’s immediate family members will be covered.
Lounge Access
Access to 1,200+ airport lounges, with a complimentary membership to Priority Pass Select:
Centurion Lounges
AirSpace Lounges
Escape Lounges
Delta Sky Club lounges when flying Delta
Select Lufthansa lounges when flying Lufthansa, Austrian Airlines, or Swiss
Purchase Protection
Get reimbursed for replacements and repairs, or just reimbursed for new purchases that are stolen or damaged within 90 days from the date of purchase.
Get a max of $10,000 per claim and $50,000 per year.
You must pay for at least part of the purchase with your Amex Platinum Business card in order to be eligible for coverage.
Return Protection
Get refunded for new purchases that are no longer under the store return policy.
Get a max of $300 per claim and $1,000 per year.
You must pay for the purchase with your Amex Platinum Business card in order to be eligible for coverage.
Trip Cancellation Insurance
Get covered a max of $10,000 per person per trip and max $20,000 per year, if your trip is canceled or interrupted due to reasons which include but are not limited to; a medical emergency or severe weather conditions.
You must pay for at least part of the trip with your Amex Platinum Business card in order to be eligible for coverage. The cardholder and the cardholder’s immediate family members will be covered.
Trip Delay Reimbursement
Get reimbursed up to $500 per trip, for a max of 2 claims per year, if your flight is delayed for more than 6 hours or requires you to stay overnight.
You can get covered for expenses such as meals, lodging, toiletries, and medication, and other personal use items.
You must pay for at least part of the trip with your Amex Platinum Business card in order to be eligible for coverage. The cardholder and the cardholder’s immediate family members will be covered.
Extra Redemption Value
Earn 35% of your points back when you book an eligible flight on Amex Travel using your membership reward points. Up to 1,000,000 points back each calendar year.
Upgraded Status
Complimentary Hilton Gold Status.
Marriott Gold Status.
National Emerald Club Executive Status.
Avis Preferred Club Status (publicly available).
Hertz President Circle. Plus get an extra 4 hours to return your car. You must use the Amex Platinum CDP for the 4-hour grace period
Credits
Get $200 airline incidental fee credits each calendar year.
Get up to $400 statement credits annually for Dell purchases. Get $200 twice a year.
Get $360 indeed credits every year. Get up to $90 each quarter for indeed purchases.
Get $150 credits annually for an Adobe subscription.
Get $120 credits for wireless purchases. Get up to $10 per month on wireless purchases.
Get $189 CLEAR statement credits per year.
How points can be used
Cashback: The points you earn on the card can be used as cashback as follows:
- For a statement credit – 0.6 cents per point which is a poor value
- Transfer your points to your Chares Schwab account – 1.1 cents per point, if you have The American Express Platinum Card for Schwab
- Transfer your points to your Amex Business checking account – 1 cent per point, if you have The Business Platinum Card from American Express
- Deposit your points to your Morgan Stanley account – 1 cent per point, if you have The Morgan Stanley Amex Platinum
Amex Travel: The points you earn on the card can be used for Amex Travel as follows:
- To book airfare, hotels, car rentals, and more – 1 cent per point for flights, 0.7 cents per point for all other travel.
- To book flights – get 35% of your points back, if you have the The Business Platinum Card from American Express
- To book flights – get 25% of your points back, if you have the American Express Business Gold Card for up to 1,00,000 points back per calendar year.
The flights must be as follows so that you can qualify for the 35% -25% points back promo:
1. The flights must be booked on your preferred airline which is a single airline you choose once a year in January as your preferred airline. This includes any of the following U.S. airlines: American, Southwest, United, Delta, JetBlue, Alaska, Frontier, Hawaiian, Spirit
2. When you book a first or business class ticket on any airline – you will receive the 35%-25% rebate regardless of the airline you choose as your preferred airline
Airline and hotel programs: The points you earn on the card can be transferred to the following Amex Travel partners:
Airline partners:
| Transfer Ratio | Transfer Time | |
| Aer Lingus, AerClub | 1:1 | Instant |
| AeroMexico | 1:1.6 | 2-12 days |
| Air Canada | 1:1 | Instant |
| ANA | 1:1 | 3 days |
| Air France/KLM | 1:1 | Instant |
| Avianca LifeMiles | 1:1 | Instant |
| British Airways | 1:1 | Instant |
| Cathay Pacific | 1:1 | Up to 1 week |
| Delta Airlines | 1:1 | Instant |
| Emirates | 1:1 | Instant |
| Etihad Airways | 1:1 | Instant |
| Hawaiian | 1:1 | Instant |
| Iberia | 1:1 | 1-3 days |
| JetBlue | 1:0.8 | Instant |
| Qantas | 1:1 | Instant |
| Singapore Airlines | 1:1 | 1-2 days |
| Virgin Atlantic | 1:1 | 1-2 days |
Hotel partners:
| Ratio | Transfer Time | |
| Choice Privileges | 1:1 | Instant |
| Hilton Honors | 1:2 | Instant |
| Marriott, Bonvoy | 1:1 | Instant |