Here’s a jaw-dropping deal that could transform your business travel and rewards game: the Amex Business Platinum Card is currently offering a staggering 200,000 points when you spend $20,000 within the first three months. But here’s where it gets controversial—is the card’s hefty $895 annual fee worth it? Let’s dive in and explore why this offer might just be a game-changer for savvy travelers and business owners alike.
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The Amex Business Platinum Card has recently been refreshed, and it’s creating quite the buzz. When I signed up 20 months ago, the offer was 150,000 points—and yes, I’m a bit envious of today’s bigger bonus. But what truly stands out are the perks that can easily outweigh the annual fee, especially if you’re a frequent traveler.
Lounge Access: The Real MVP?
American Express boasts access to over 1,550 lounges, but let’s be real—most of these are through Priority Pass Select, which many premium cards already offer. The real gem? Access to Centurion Lounges and 10 complimentary Delta Sky Club visits when flying Delta (excluding basic economy). The Centurion Lounge network is larger than Chase’s or Capital One’s, with locations in major hubs like Atlanta, New York, Los Angeles, and even international cities like Hong Kong and London. But here’s the catch: these lounges can get crowded, and bringing guests isn’t free unless you spend $75,000 annually on the card. Plus, while the food has improved, it’s not always as impressive as it once was. Still, perks like the barbecue in Denver or the speakeasy at JFK make it worth the occasional hassle.
Credits That Pay You Back
And this is the part most people miss—the card’s credits can more than cover its annual fee. Here’s a breakdown:
- $600 Hotel Credit: Up to $300 twice a year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings.
- $209 CLEAR Plus Credit: Skip the security lines faster than PreCheck—a lifesaver for frequent flyers.
- $200 Airline Fee Credit: Covers incidental fees like checked bags with your chosen airline.
- $200 Hilton Credit: For Hilton For Business members, this covers eligible purchases at Hilton properties globally.
- $120 Wireless Phone Credit: $10 monthly for U.S. wireless service.
- Dell & Adobe Credits: Up to $150 for Dell purchases and $250 for Adobe spending annually.
- $2,400 Amex One AP Credit: For automating supplier payments, after spending $250,000.
These credits alone can net you over $1,500 in value—far exceeding the $895 fee.
Elite Status & Redemption Options
The card also unlocks elite statuses like Marriott Bonvoy Gold, Hilton Honors Gold, and Leading Hotels of the World Sterling, along with car rental perks like National Emerald Club Executive. Plus, you get 35% points back on flights booked through Amex Travel with select airlines, and points transfer to partners like Delta, British Airways, and Marriott. But here’s a thought-provoking question: With so many credits and perks, is this card a must-have for business owners, or is it overkill for the average traveler?
Final Thoughts
The Amex Business Platinum Card’s 200,000-point offer is undeniably tempting, especially when paired with credits that can offset the annual fee. However, it’s not for everyone. If you’re a frequent traveler who can maximize the credits and lounge access, it’s a no-brainer. But if your travel is limited, the fee might be hard to justify. What’s your take? Is this card worth the hype, or is it too much for the average business owner? Let’s discuss in the comments!
