The Business Platinum Card from American Express Review (2026): Benefits, Rewards & Value
American Express's flagship business travel card with Centurion Lounge access, premium travel perks, and a deep set of business statement credits.
The Business Platinum Card from American Express Guide
American Express's flagship business travel card with Centurion Lounge access, premium travel perks, and a deep set of business statement credits.
ANNUAL FEE
$695
WELCOME BONUS
Earn 150,000 Membership Rewards points after spending $20,000 in the first 3 months
POINTS VALUE
~2¢ per point (transfer partners)
TRANSFER PARTNERS
0
In This Guide:
Transfer Partners
| Transfer Partner | Transfer Ratio | Transfer Time | Transfer Bonuses |
|---|
Annual Credits & Benefits
Wireless Credit
Monthly ($10/month)
Up to $10 per month in statement credits on eligible U.S. wireless telephone service purchases.
Pro Tip: Put your monthly cell-phone bill on the card to capture the $10 automatically each month.
Airline Fee Credit
Calendar year
Up to $200 in statement credits per calendar year for incidental fees charged by one selected qualifying airline.
Pro Tip: Select your airline in your Amex account (changeable each January). Incidental fees qualify — airfare itself does not.
CLEAR Plus Credit
Annual
Up to $209 in statement credits per calendar year for a CLEAR Plus membership.
Pro Tip: Covers the full annual CLEAR Plus cost.
Global Entry or TSA PreCheck Credit
Every 4/4.5 years
Statement credit for the application fee of Global Entry or TSA PreCheck.
Pro Tip: Choose Global Entry — it includes TSA PreCheck.
Is the The Business Platinum Card from American Express Worth the $695 Annual Fee?
Ideal For:
- Business travelers
- Lounge access
- Statement credits
Not Ideal For:
- Infrequent travelers who rarely fly or stay at hotels
- Those who prefer cash back over travel rewards
- Budget-conscious consumers who don't want to pay an annual fee
Value Calculation Example
Here's a conservative estimate of annual value for a typical cardholder who uses most, but not all benefits:
| Benefit | Face Value | Realistic Value | Notes |
|---|---|---|---|
| Welcome Bonus | $150 | $150 | First year only |
| Wireless Credit | $120 | $120 | Monthly ($10/month) |
| Airline Fee Credit | $200 | $200 | Calendar year |
| CLEAR Plus Credit | $209 | $209 | Annual |
| Global Entry or TSA PreCheck Credit | Up to $100 for Global Entry or $85 for TSA PreCheck | Up to $100 for Global Entry or $85 for TSA PreCheck | Every 4/4.5 years |
| Centurion Lounge + Priority Pass access | $100+ | $100 | Estimated value |
| Up to $120 in annual wireless credits ($10/month) | $100+ | $100 | Estimated value |
| Annual Fee | -$695 | -$695 | Yearly cost |
| TOTAL VALUE | Varies | Varies | $1,000+ over annual fee |
This calculation doesn't include the welcome bonus value in the first year, which could add significant additional value. Actual value depends on your specific usage patterns.
How to Earn Points
Sweet Spot Redemptions
| Route/Redemption | Points Required | Transfer Partner | Notes |
|---|
Advanced Tips & Tricks
Pro Insider Tips
Frequently Asked Questions
How We Rate & Review Credit Cards
CreditMilesGuru's editorial team evaluates credit cards based on annual fee value, welcome bonus, ongoing earn rates, transfer partner quality, travel protections, credits and perks, and current competitive landscape. Our ratings reflect independent analysis — we are not paid by card issuers to rate cards favorably. Annual fee corrections and benefit updates are applied as they are confirmed by issuers. This review was last updated June 2026.
Ready to Apply?
The The Business Platinum Card from American Express offers exceptional benefits and rewards that make it a valuable addition to your wallet. American Express's flagship business travel card with Centurion Lounge access, premium travel perks, and a deep set of business statement credits.