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The Business Platinum Card® from American Express

Business card Amex Membership Rewards Offer varies by applicant
Welcome bonus · as high as
300,000 points
≈ $5,550 at 1.85¢ per point
after $20,000 spend in 3 months
Annual fee$895 
Value per point~1.85¢median of 6 published valuations
First-year value*−$290easy credits counted · −$320 with none
Year 2+ value*−$290each year after the first, after the fee · −$320 with no credits
$895 fee vs $2,929+ in stated credits a yearFace value. You’d use $30 by our default → yearly cost after year 1 $865 ↓
Worth ~1.85¢/pt, median of 6 published valuations

Range 1.3–2.2¢. No published value from Bankrate. Checked 2026-10-23. How we use these

See the offer on American Express’s site ↗ Run your own numbers

Data checked by Chris Manns · Last updated October 29, 2026

Source: American Express card page · checked October 29, 2026. *Value uses our sample profile ($31,100/yr spend, no favorite airline or hotel) and the community value of 1.85¢ per point (median of published valuations) — see method.

Credits & perks

Annual fee$895
vs
Stated credits a year$2,929+face value, as American Express states it
  • + $3,600 more only if you hit a yearly spend threshold
  • American Express also states $850/yr of value for perks such as lounge access (listed below, not in this total)
Face value isn’t real value. A $25-a-month credit for something you’d never buy is worth $0 to you, and most credits are use-it-or-lose-it by month, quarter or half-year. Tick only what you’d spend on anyway.

Which would you actually use?

Our assumption: the boxes ticked to start are the “easy” credits: broad, flexible or automatic (general travel credits, airline-fee credits on any airline, Global Entry/TSA, anniversary free nights). Niche or single-merchant credits start unticked. Your choices are saved in this browser and also used by the calculator.

Your net cost$865Yearly cost after year 1: annual fee − credits you’ll use ($30)
Year 2+ value*−$290each year after the first, after the annual fee, with your ticks
First-year value*−$290bonus + earning + credits − fee

Counts each ticked credit at 100% of face value. Global Entry/TSA counts as a quarter a year. Free nights use our point values. *At our sample profile; how credits are counted.

Perks with no stated $ value

Lounges, status, bags and similar. We don’t put a number on these unless the issuer does.

  • status Marriott Bonvoy Gold Elite and Hilton Honors Gold status
  • status Leaders Club Sterling status
  • status Avis, Hertz and National car rental premium status (enrollment required)
  • travel The Hotel Collection: $100 property credit on 2+ night bookings
  • other 35% points back on Pay with Points flights with your selected airline (up to 1,000,000 points back per year)

Source: American Express card page and benefit terms · checked 2026-10-29.

How it earns

  • 5x Travel booked on the card’s own travel site
  • 1x everything else
  • Business card. 5x on flights and prepaid hotels booked on AmexTravel.com.
  • 2x on key business categories (construction material and hardware suppliers, electronic goods retailers and software & cloud system providers, shipping providers) and on each purchase of $5,000 or more, up to $2 million a year (not modeled).
  • Effective 1/1/2027, Fine Hotels + Resorts bookings need a 2-night minimum for the hotel credit. Added 2026-10-26.

Offer details

  • As high as 300,000 points after $20,000 in 3 months

Annual fee $895. Credits from the issuer page are in Credits & perks above.

Questions about the Amex Business Platinum Card

What is the Amex Business Platinum Card welcome bonus?

As high as 300,000 points after $20,000 in 3 months, about $5,550 at the median published point value, per American Express’s card page checked October 29, 2026. The issuer says offers vary and yours may be lower.

What is the Amex Business Platinum Card annual fee?

$895 a year, as listed on American Express’s page on October 29, 2026.

How much are its points worth?

About 1.85¢ each: the median of 6 published valuations (range 1.3–2.2¢), checked October 23, 2026.

What credits does the Amex Business Platinum Card include?

$2,929 a year in stated credits at face value, across 13 credits. By our default (only easy, flexible credits) you’d use $30, so the yearly cost after year 1 is $865.

Is the Amex Business Platinum Card worth it?

It depends on your spending. At our sample profile ($31,100 a year, easy credits only) it comes to −$290 in the first year and −$290 each year after (Year 2+ value, after the annual fee). Enter your own numbers in the calculator.

Data notes:
  • Welcome offer is “as high as” 300,000 points; Amex says offers vary and you learn yours when you apply.

The math at our sample profile

Sample: Dining & takeout $4,800 · Groceries $7,200 · Gas & EV charging $2,400 · Flights (booked with the airline) $2,000 · Hotels (booked with the hotel) $1,500 · Other travel $1,200 · Everything else $12,000. Credits: our default “easy” ticks.

A year of earning: 31,100 points × 1.85¢$575
Global Entry ($120) or TSA PreCheck (up to $85) fee credit ($120 ÷ 4 yrs)$30
Annual fee−$895
First year / Year 2+−$290 / −$290
Your spend (~$7,775 in 3 months) may miss the $20,000 minimum, so the bonus is not counted.

Use my own spending →

Verify everything on the issuer’s site before applying; offers change and may differ for you. We don’t list APRs: see the issuer’s pricing & terms. TravelCardMath earns nothing from this card today.

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