See how The Business Platinum Card from American Express stacks up against similar premium business credit cards.
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, or use our CardMatch™ tool to find cards matched to your needs.
For example – along with offering up to 75,000 bonus points – the recently updated Business Platinum Card from American Express offers 5 points per dollar on flights and prepaid hotels on amextravel.com, 2 points per dollar on travel purchased through the American Express website and 1 point per dollar on everything else. Additionally, cardholders who enroll between Feb. 15 and Dec. 31, 2019 will receive free access to WeWork for a year, as well as up to $200 in Dell statement credits each year.
Comparing business rewards cards
While the Business Platinum card from American Express is ideal if you spend a large amount on business travel annually, you may prefer a card that offers a bonus rate on business expenses, such as the CitiBusiness®/AAdvantage® Platinum Select® World Mastercard®, which offers 2 miles per dollar on telecommunications. Or, you may want a card with a lower annual fee, like the UnitedSM Explorer Business Card, which has a $95 annual fee.
See how the Business Platinum card from American Express compares to similar business credit cards in the table below.
Premium business credit cards
|Introductory bonus||Rewards rate||Annual fee||Average yearly rewards value ($4,000 monthly spend)|
|The Business Platinum® Card from American Express||Up to 75,000 points:||$595||$2,777|
|Starwood Preferred Guest® Business Credit Card from American Express||$95, $0 first year||$1,315|
|CitiBusiness®/ AAdvantage® Platinum Select® World Mastercard®||$99, $0 first year||$1,626|
|Ink Business PreferredSM Credit Card||80,000 points if you spend $5,000 in first 3 months||$95||$918|
|UnitedSM Explorer Business Card||$95||$1,505|
|Southwest Rapid Rewards® Premier Business Credit Card||60,000 points if you spend $3,000 in first 3 months||$99||$605|
|Delta Reserve for Business Credit Card||$450|
($550 if application is received on or after 1/30/2020)
|Marriott Rewards® Premier Plus Business credit card||75,000 points if you spend $3,000 in first 3 months||$99||$1,330|
Which card is best?
Before deciding which card is right for you, there are several things to consider: Does the card offer a generous introductory bonus? Is the annual fee affordable? Are the bonus rewards compatible with your spending habits? Here are a few things to consider if:
You want to earn the highest yearly rewards value
If you want to squeeze the most rewards value from a business card, the American Express Business Platinum card is your best bet. By our estimates, the average business owner who charges $4,000 per month can get more than $2,200 in rewards value from the card annually.
You travel frequently for work
If you are a business owner who travels frequently, the American Express Business Platinum card is a great option. Along with offering a generous rewards rate of 5 points per dollar on flights and prepaid hotels booked through amextravel.com, the card offers 2 points per dollar on travel purchased through the American Express website and 1 point per dollar on everything else.
The card also offers several travel-related perks, including a $100 hotel credit, a $200 airline fee credit, a global entry/TSA Precheck credit and complimentary Hilton Honors Gold status and Starwood Gold Elite status.
You want to test out the card with no obligation
While the Amex Business Platinum card comes with several valuable benefits, it also has the highest annual fee among these cards – $595. If you aren’t ready to commit to that amount upfront, you’ll want to choose a card that waives the annual fee during the first year, like the CitiBusiness/AAdvantage Platinum Select World Mastercard (then $99 annually). This will allow you to test out the card for free for one year.
An added bonus: Along with not charging an annual fee the first year, the Starwood Preferred Guest card also requires a low threshold to earn the introductory bonus. Cardholders only need to spend $3,000 in the first three months to receive the 75,000-point bonus.
You want to earn a bonus on business operational costs
If you want to earn bonus rewards on everyday business expenses, such as phone, internet, dining and gas, there are several cards to choose from. For example, the Ink Business Preferred card offers 3 points per dollar on travel, shipping, internet, cable, phone services and advertising purchases (on $150,000 in combined purchases yearly), while the Starwood and Marriott cards offer 4 points per dollar on U.S. gas stations, U.S. restaurants, internet, cable, phone services purchased directly from U.S. service providers and U.S. shipping purchases.
If you are a business owner who rents shared workspaces, the Amex Business Platinum card may be worthwhile thanks to a recently added benefit. If you apply before Dec. 31, 2019, cardholders will receive free access to WeWork, a global network of workspaces, for a year – which American Express values at $2,700.
How about an American Express® Business Gold Card instead?
If you want the perks that come with owning an American Express card but aren’t ready to shell out a $595 annual fee for the Business Platinum card, the Amex Business Gold card is an option. The card, which charges $295 annually, gives cardholders 4 points per dollar on the top two categories where their businesses spend the most each month, on the first $150,000 each calendar year.
The bonus rate is offered in the following spend categories:
- Airfare purchased directly from airlines
- U.S. purchases at restaurants
- U.S. purchases for advertising in select media (online, TV and radio)
- U.S. purchases at gas stations
- U.S. purchases made directly from select technology providers of computer hardware, software and cloud solutions
- U.S. purchases for shipping