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INSIDER SECRET: Aside from the card’s perks, the welcome offer alone can be worth $1,000+ in free travel. That’s a great deal from just a single card’s introductory bonus.
If you’re a small business owner and travel at least three times per year, you should seriously consider adding The Business Platinum® Card from American Express to your wallet.
With it, you can earn up to 75,000 Amex Membership Rewards points after meeting tiered minimum spending requirements. Plus, you’ll have access to all of the incredible Amex Business Platinum card’s benefits.
For me, these perks are easily worth thousands of dollars every year. And that’s why I have no plans to close my Amex Business Platinum card anytime soon.
My Favorite Amex Business Platinum Card Benefits
Read our Amex Business Platinum review
Sure, the Amex Business Platinum has a hefty $595 annual fee (See Rates & Fees) that’s not waived the first year. But for me the card’s benefits offset that fee, and I’m betting this could be the same case for you, too!
My three favorite benefits from the Amex Business Platinum card are:
1. 35% Rebate
When you use Amex Pay With Points, you get one cent per point toward your ticket. And Amex Business Platinum cardholders get a 35% points rebate. You’ll get:
- 35% of your points back for ALL First Class or Business Class flights booked through the Amex travel portal
- 35% of your points back for all flights, including coach tickets, booked with your selected airline through the AMEX travel portal
Here’s an example of how I’ve saved with this perk:
I booked a round-trip coach ticket to visit my sister in Santa Barbara. The cash price of the ticket was $340. Using Membership Rewards points and Amex Pay With Points, I got the ticket for 34,000 points. But with the rebate, I only paid 22,100 points. That’s an 11,900-point savings, and it essentially gives me $119 worth of points (one cent per point) to use on a future ticket.
If you use the rebate just a few times a year, it’s easy to see how the savings can really add up!
2. Airline Fee Credit
When you apply for the card, and every January after that, you can select a participating airline and have incidental charges such as inflight meals, checked bags or seat assignments reimbursed to your account, up to $200 per year.
What’s great about this perk is that it’s pretty darn easy to use. I’ve used it for checked-bag fees and seat upgrades in the past. And it’s possible (though not guaranteed) that you can get the credit when purchasing gift cards in specific increments with certain airlines. This guide explains more about using your Amex airline-fee credit for gift cards.
3. Lounge Access
I’m almost always traveling with my daughter and I can tell you from experience, lounge access is invaluable. Considering a day pass to most airport lounges costs $40+ per person, I’ve saved tons of cash with this perk alone. And that’s not even accounting for the money I’ve saved by eating for free at these lounges.
I did some quick math and can confidently say I’ve gotten a value of over $1,000 from this single benefit.
Last year my daughter, my mom, and I used my lounge access at least a dozen times. Had I had to pay for all of those visits at $40+ a pop, I would have spent at least $1,440 (twelve visits for three people). And I can think of two more trips I took by myself where I used a lounge with my Amex Business Platinum card on both the outbound and the return journey.
That’s another $160+ in visits right there, for a total value of $1,600. And again, I’m not even accounting for all of the free food and drinks we enjoyed.
- The Centurion Lounge network
- The International American Express Lounges
- Delta Sky Club (when you’re flying Delta that day)
- Priority Pass Select lounges
- Airspace Lounges
- Escape Lounges
- Plaza Premium Lounges
That means you’ll have access to 1,400+ lounges worldwide. In the last year alone my family and I have visited lounges in Minneapolis, Seattle, Denver, Bangkok, and Hong Kong.
Adding the lounge access to the $200 in annual statement credits and the points I’ve saved using my Amex Business Platinum card’s 35% rebate, I’ve easily gotten $2,000 in value in the last year.
You can read our Amex Business Platinum review. And for more information on Amex Membership Rewards points, check out these guides:
- Amex Points Value
- Best Way to Use Amex Points
- Amex Transfer Partners
- How to Earn Amex Points
- How to Setup an American Express Membership Rewards Account
- How to Use American Express Points
- Do American Express Points Expire?
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For the rates and fees of The Business Platinum Card from American Express, please click here.