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Earn up to 75,000 bonus points with the Business Platinum cards from American Express

American Express Business Platinum card

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The editorial content below is based solely on the objective assessment of our writers and is not driven by advertising dollars. However, we may receive compensation when you click on links to products from our partners. Learn more about our advertising policy. The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired. Please see the bank’s website for the most current version of card offers; and please review our list of best credit cards to find our current offers, or use our CardMatchTM tool to find cards matched to your needs.

If you fly frequently and enjoy luxurious travel perks, a premium travel rewards card, such as The Platinum Card from American Express or The Business Platinum® Card from American Express may be your solution. Along with offering high value benefits, both cards currently offer generous introductory bonuses. The American Express Platinum card gives cardholders 60,000 bonus points when they spend $5,000 in the first three months of card membership, while the Business Platinum card offers 50,000 points when you spend $10,000 in the first three months and an additional 25,000 points when you spend an extra $10,000 in the first three months – for a total of 75,000 bonus points.

Comparing American Express Platinum cards

In addition to sharing similar annual fees, the American Express Platinum cards both offer bonus points on flights and prepaid hotels booked on amextravel.com. The most notable difference is that one is designed for business owners and the other is geared toward consumers.

See how the cards compare side by side in the table below.

The Platinum Card from American Express
The Platinum Card from American Express
The Business Platinum® Card from American Express
The Business Platinum® Card from American Express
Rewards rate
  • 5 points per dollar on flights booked directly with airlines or American Express Travel
  • 5 points per dollar on prepaid hotels booked on amextravel.com
  • 1 point per dollar on other purchases
  • Terms apply
  • 5 points per dollar on flights and prepaid hotels on amextravel.com
  • 2 points per dollar on travel purchased through the American Express website
  • 1 point per dollar on other purchases
  • Terms apply
Introductory bonus
  • 60,000 points when you spend $5,000 in first 3 months
  • Terms apply
  • 50,000 points when you spend $10,000 in first 3 months
  • Another 25,000 points when you spend an extra $10,000 in first 3 months
  • Terms apply
Annual fee$550$595
Estimated yearly rewards value$797
($1,325 monthly spend)
$2,277
($4,000 monthly spend)

As you can see, the Business Platinum card offers considerably more value annually than the consumer card. That said, business owners typically charge a lot more on their cards than consumers, thereby earning more rewards. We estimate that the average business owner spends approximately $4,000 each month on office supplies, business travel and other company expenses – compared to the average consumer who spends around $1,325 each month on food, gas, clothing and general purchases.

Recent changes to the American Express Platinum cards

While the Business Platinum card’s bonus has teetered between 75,000 and 100,000 points, the consumer Platinum card’s bonus has remained consistent.

American Express Platinum card bonus history

There have been no recent changes to the American Express Platinum card bonus.

Business Platinum card bonus history

Change dateIntroductory bonus
Aug. 09, 2018
  • 50,000 points if you spend $10,000 in first 3 months
  • 25,000 additional points if you spend an additional $10,000 in first 3 months
  • Terms apply
May 10, 2018
  • 50,000 points if you spend $10,000 in first 3 months
  • 50,000 additional points if you spend an additional $15,000 in first 3 months
  • Terms apply
Jan. 26, 2017
  • 50,000 points if you spend $10,000 in first 3 months
  • 25,000 additional points if you spend an additional $10,000 in first 3 months

Best ways to use 75,000 Membership Rewards points

The American Express Membership Rewards program offers a huge variety of redemption options, so you may feel overwhelmed trying to sort them out. We’ve listed them in the table below, and, as you can see, if you are looking for a simple redemption with the best value, you are best off redeeming your rewards for airfare through the Membership Rewards portal.

Furthermore, you can earn a 35 percent bonus on your points by redeeming them for airfare on a designated airline. This option requires you to jump through some hoops – you have to log in and choose your airline once your account activated, and then you can only redeem your points with this airline for the remainder of the year to earn the bonus – but this is a great way to boost the value of your  bonus. With the redemption bonus, your 75,000 bonus points are worth approximately $1,013in airfare.

Redemption options for the Business Platinum card

Redemption optionPoint value (cents)Value of 75,000-point bonus
Membership Rewards portal airfare1 cent$750
35% airline redemption bonus1.35 cents$1,013
Other Membership Rewards portal travel rewards (hotels, vacations, cruises)0.7 cent$525
Expedia travel0.7 cent$525
Uber/NYC taxi1 cent$750
Gift cards/vouchersUp to 1 cent (sometimes lower)$750
Shopping partner (Amazon, Best Buy, Boxed, Grubhub, Newegg, Rite Aid, Seamless, Staples)0.7 cent$525
AmEx Express Checkout0.7 cent$525
Shopping portal0.5 cent$375
Transfer to Plenti1 cent$750
Ticketmaster & AXS tickets0.5 cent$375
Statement credit0.6 cent$450
Charity donation1 cent (up to 500,000 points, 0.5 cent thereafter)$750
Excise tax offset fee (for transfer to travel partner)0.5 cent$375

However, if you really want the best value for your points, you should consider transferring them to one of American Express’s 19 travel partners. Your points transfer to most partners at a 1:1 ratio, and, if you are willing to spend some time searching through airline redemption charts, you can get a much higher value than 1 cent per point with many of these partners (even once you factor in the small 0.06 cent excise fee that American Express charges per point).

As you can see from the chart below, 75,000 bonus points can score you more than $1,600 worth of airfare with partners such as Singapore KrisFlyer or British Airways:

Transfer options for the Business Platinum card

Transfer ratioPoint value (including transfer ratio & excise fee)Value of 75,000-point bonus
British Airways Executive Club1:12.23 cents$1,673
Singapore KrisFlyer1:12.16 cents$1,620
Iberia Plus1:11.64 cents$1,230
Aeromexico1:1.61.54 cents$1,155
Aeroplan1:11.44 cents$1,080
ANA1:11.42 cents$1,065
Delta SkyMiles1:11.29 cents$968
Hawaiian Airlines1:11.27 cents$953
JetBlue1.25:11.12 cents$840
Emirates Skywards1:11.04 cents$780
Alitalia MilleMiglia1:10.94 cent$705
Asia Miles1:10.94 cent$705
Choice Privileges1:10.94 cent$705
Etihad Guest1:10.94 cent$705
Flying Blue1:10.94 cent$705
Starwood Preferred Guest3:10.74 cent$555
Hilton Honors1:20.82 cent$615
Virgin Atlantic Flying Club1:10.74 cent$555
El Al Israel Airlines20:1(0.01) cent($8)

100,000-point Platinum consumer card offer

If you aren’t a business owner, you can still earn a 100,000-point introductory offer from the American Express Platinum card. Exclusive to CardMatch, The Platinum Card® from American Express is offering select applicants a 100,000-point introductory bonus after spending $5,000 in the first three months of card membership. This is 40,000 points more than the card’s standard introductory bonus – 60,000 points after spending $5,000 in the first three months.

To gain access to the targeted offer, you must be paired with the Platinum card through CreditCard.com’s CardMatch tool. To see if you qualify for the 100,000-point offer from the Platinum card from American Express, click here.

Who is eligible for the introductory bonus?

American Express has one of the most rigid introductory bonus policies in the industry, limiting cardholders to earning the bonus on a particular card only once in a lifetime. If you currently own or have previously owned an American Express Platinum card or an American Express Business Platinum card, you are not eligible for the current bonus. Additionally, you must be a business owner to be approved for the Business Platinum card.

Should you apply now?

Yes. At 60,000 points and up to 75,000 points, the introductory bonuses for the Amex Platinum cards are very generous. Additionally, if you plan to hold off until the Business card launches another 100,000-point offer, you’ll most likely have to wait a long period of time: The most recent 100,000-point bonus was offered well over a year after the previous 100,000-point bonus.

See related: Changes coming to The Business Platinum Card from American Express in 2019American Express Platinum card offers 100,000 bonus points through CardMatch, American Express Rewards guide: The best ways to earn and use Membership Rewards points

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15.24%
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