120,000 Amex Points And $1500 In Credits With Business Platinum

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Big news on a refresh of The Business Platinum Card® from American Express. There’s a big new up front bonus and huge benefits. The card has a $695 annnual fee. (See rates and fees)

For those who are diligent about using this card’s rich suite of benefits, the higher fee going into effect next year pays back several times over. But you’ve got to think through whether the particular benefits are worthwhile, and whether you’ll remember to use them.

  • Initial bonus: earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your card within the first 3 months of cardmembership.

  • Earning for spend: 1.5X points (that’s an extra half point per dollar) on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.; plus 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com, and 1X points for each dollar you spend on eligible purchases.

  • Lounge access: American Express Centurion lounges, Delta lounges when flying Delta same day, and a Priority Pass Select card for lounge access as well.

  • Statement credits: Unlock over $1,000 in value per year for statement credits on select purchases, including tech, recruiting and wireless with the Business Platinum Card. Many credits require registration, including also:
    • $189 CLEAR® Credit: CLEAR® uses biometrics to assign you a touchless ID, allowing you to move faster through security at select airports and stadiums across the U.S. You can cover the cost of a CLEAR membership with up to $189 in statement credits per calendar year after you pay for CLEAR with your Business Platinum Card®.
    • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Card or any of the Additional Cards on your Platinum Card account.
    • Up to $100 credit on a Global Entry or TSA Pre✓® application fee (once every four years)

  • Use points towards paid travel: and don’t just get a penny per point, you’ll receive 35% points back when paying with points to purchase all or part of an airline fare (up to 500,000 points back per calendar year).

  • Transfer points to airlines and hotels: Points transfer to these programs:

    • Star Alliance: Aeroplan, ANA, Singapore, Avianca
    • oneworld: AsiaMiles, British Airways, Iberia, Qantas
    • SkyTeam: Aeromexico, Alitalia, Air France KLM, Delta
    • Non-alliance: Etihad, Emirates, Hawaiian, JetBlue, Aer Lingus, Virgin Atlantic
    • Hotels: Choice, Hilton, Marriott

  • Cell Phone Protection for repair or replacement costs following damage or theft up to $800 per claim, up to two approved claims per 12 month period, when the cell phone line is listed on a wireless bill and the prior month’s wireless bill was paid by an eligible card account. $50 deductible applies to each approved claim.

The Business Platinum Card® from American Express is packed full of value. The initial bonus offer is huge. This is a great deal for many.

The initial bonus in year one, before the fee increase, makes it a no-brainer. The Dell credit is especially easy to use. Combined with the CLEAR® credit, lounge access and other benefits the card should be worth keeping long-term even if you don’t maximize everything offered.

For rates and fees of the The Business Platinum Card® from American Express, click heres.

About Gary Leff

Gary Leff is one of the foremost experts in the field of miles, points, and frequent business travel - a topic he has covered since 2002. Co-founder of frequent flyer community InsideFlyer.com, emcee of the Freddie Awards, and named one of the "World's Top Travel Experts" by Conde' Nast Traveler (2010-Present) Gary has been a guest on most major news media, profiled in several top print publications, and published broadly on the topic of consumer loyalty. More About Gary »

More articles by Gary Leff »

Editorial note: any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer. Comments made in response to this post are not provided or commissioned nor have they been reviewed, approved, or otherwise endorsed by any bank. It is not the responsibility of advertisers Citibank, Chase, American Express, Barclays, Capital One or any other advertiser to ensure that questions are answered, either. Terms and limitations apply to all offers.


  1. The offer is likely going up when the af increases. This increase in the offer will likely way offset 100 dollars more in af. Similar to how on the personal plat it went from 250k mr points with a 550 af to 500k mr points with a 695 af.

  2. Most the credits are an absolute waste for most the population but nice click bait on the $1500 in credits, not even AMEX dives that low on their website.

  3. I’m pretty sure alot of college kids would love to have an American Express credit card right about now with not just an extensive line of credit, but also cah back and airline points perks.

  4. Excellent news for coupon clippers willing to track their spending and buy stuff they don’t really need or want to try and make back an outrageous annual fee while all the truly special aspects of this card (2 for 1 First/Business, FHR, Concierge) have been eliminated or rendered pointless.

    Didn’t notice whether or not they still even have the emergency private air ambulance back to the USA in case of accident or medical need? Don’t know if this is worth the fee, but I’ll concede this has some real value – though don’t know what it would cost if purchased separately.

  5. @Mak, they never guaranteed the “the emergency private air ambulance back to the USA,” LOL. Just like other premium cards, they only offered a medical evacuation benefit, which is getting you to the nearest decent hospital, not repatriation to your home country. There was one highly touted occasion when AmEx repatriated someone from Singapore, and it bought them the kind of publicity money couldn’t. Credit cards that offer evacuation, including AmEx, normally will only repatriate you to your home country if no cheaper alternative is available, and that’s an uphill battle.

  6. I wonder if this will work since I had this card until mid 2020?
    Would they approve it but not give me the welcome offer (that would be bad).

  7. do we know when the statement credits become active?

    fore example new credits such as the $150 annual Adobe statement credit?

  8. @DNN
    You’re exactly right about the college kids
    I honestly love what Amex is doing for the Platnium cards personal and business
    In my own these cards both need to be raised to $995
    That way it will make sure people will think twice about applying for these cards

  9. @CH- I’m guessing it may be targeted but I received an offer for a 2nd Biz Plat card in the mail recently, same AF and min spend to the the bonus that I believe would be 150,000 MR’s. What was ironic is that my husband and I had both gotten Amex to waive the AF for this year on each of our biz plat accounts when we called in to Amex bc we felt that much of the value was lost without being able to travel. They sent me an offer on my account but didn’t send him one for a 2nd card on his account.

    @Gary- I don’t believe the Dell Credit is at $400 right now, I thought they dropped it back down to $100 for first/second half of year for $200 annual total. But it is still a great deal. I do love the Amex offers they give each month, wish they gave more mainstream offers though. We live in a rural community near HSV and unfortunately many of the offers are useless to us because our area doesn’t have the stores or provide the service, heck, we can’t get Door Dash or Uber Eats most of the time because they don’t have enough drivers!

  10. @PennyinAL – I used the Dell credit in the first half when it was $200 annually. I was able to get an additional $200 (half of $400 annual as revised) a week ago for the second half benefit.

  11. Your blog has a new pop up ad that comes out every time I try to read a story. This was not there before. It is very annoying since I need to click several times for it to disappear. This happens when reading the blog via my mobile device.

  12. But unless you truly have a business, that spend amount is not easy to make in 3 months. I’ll pass. The regular Platinum card is 6 months for the spend.

  13. I already have the regular Platinum card, so I don’t see the additional benefit of having the Business Platinum. Maybe you can compare those, Gary. A number of the credits I can’t use, but I do see the Platinum card as coming close to paying for itself anyway. And right now I have so many miles I don’t know what to do with them. I just had an international trip in February for work cancelled due to the ongoing pandemic restrictions that I had booked with miles just to get rid of them, so now have even more stranded on several airlines as well as on the cards. In fact, I wonder if some of the cards are going to have some of the offers from last year as they see travel continuing to decline. I only still have the UA and AA club cards because they basically halved the fee last year if you asked (and I do use them for the domestic travel I still do).

  14. Indeed credit, no thanks.
    Adobe credit, no thanks.
    Global Entry credit, I have 6 cards that offer that.

    Easy pass on this offer.

  15. The Adobe credits are worthless the way I see it. You need to have a plan for a number of employees to be able to use it.

  16. I recently signed up for a targeted offer, 180K points for 30K spend, and additional card 10K spend for 10K so 190K for 40K spend.

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