The Business Platinum Card® from American Express

• The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,550 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card company on the market as of 07/2025.
• Unlock over $4,000 in business and travel value annually after meeting qualifying spend thresholds on the Business Platinum Card. Terms apply.
• Get up to $300 in statement credits semi-annually for up to a total of $600 in statement credits per calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through American Express Travel using the Business Platinum Card®. The Hotel Collection requires a minimum two-night stay.
• No Preset Spending Limit: The spending limit on the Business Platinum Card is flexible, so unlike a traditional credit card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment and credit history.‍
• Hilton for Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Gift cards are not an eligible purchase. Benefit enrollment required.
• Use the Business Platinum Card and get up to $209 back per calendar year on your CLEAR+ Membership (subject to auto-renewal).
• Enroll and get up to $300 in statement credits per calendar year on U.S. purchases of ChatGPT Business* on the Business Platinum Card. *Subject to auto-renewal.
• Enroll and get up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same Card per calendar year.
• Enroll and get a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year on the Business Platinum Card.
• Get up to $90 in statement credits quarterly for purchases with Indeed on the Business Platinum Card. That’s up to $360 back per year. Enrollment required.
• Get up to $10 in statement credits per month for wireless telephone service purchases made directly with a wireless provider in the U.S. on the Business Platinum Card. That’s up to $120 back per year. Enrollment required.‍
• 2X points on purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on each eligible purchase of $5,000 or more, up to $2 million of these purchases per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
• Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
• Terms Apply

When it comes to Membership Rewards points, the best way to maximize your points is to redeem them with travel.

[.dontreco] We don’t recommend: Redeeming your Membership Rewards points for cash back [.dontreco]

While you can use your Membership Rewards points for a statement credit, essentially getting cash back, those points are typically worth just 0.6 cents each. This simply doesn’t provide the best value for your points.

[.sometimesreco] We sometimes recommend: Booking through the Amex travel portal [.sometimesreco]

You can redeem your points for flights, hotel stays, and car rentals through Amex Travel, but this usually gives you a value of 1 cent per point or less, which is at least 50% lower than the normal value of Membership Rewards points. While this is a decent option, it’s still not the best.

[.alwaysreco] We always recommend: Using Membership Rewards points to book with transfer partners [.alwaysreco]

The bottom line is — if a flight or hotel room can be bought with cash, you can use your points to book it. Transferring your Amex Membership Rewards points can score you more than 1.25 cents per point by moving rewards to Amex’s super-duper-wonderful airline and hotel partners. Top picks include Delta, Emirates, Qatar, Hilton, Marriott, and so many more. Taking advantage of these transfer partners is one of the best ways to justify your card.

But how can I actually transfer my Membership Rewards points?

Simply log into your Amex account, click on “earn and redeem,” and you’ll see Amex’s long list of transfer partners. From there, make your transfer selection based on your trip and transfer those points. And just like that, you’re on your way! ✈️

Here’s that sweet list of American Express Membership Rewards points transfer partners we were just chatting about:

1. Frequent Flyers

For business owners who are constantly on the move, the Business Platinum Card® from American Express is an invaluable asset. The card’s travel perks, including access to the American Express Global Lounge Collection for eligible card members, $200 Airline Fee Credit, and up to $209 Clear+ Credit, are just a few reasons to have this card in your wallet. With 5x points on flights and prepaid hotels booked through Amex Travel, frequent flyers can accumulate rewards quickly. Despite the high annual fee, the premium benefits and earning potential make it an ideal choice for those who travel frequently for work (or just in general).

1. High-Expense Businesses

The Business Platinum Card® is designed to maximize your rewards if your business involves substantial spending. Earn 2x points on eligible purchases in key business categories and on purchases of $5,000 or more, and 1x points on all other purchases. These high earning rates make it easy to accumulate Membership Rewards points, which can be transferred to a variety of airline and hotel partners. The added benefits, such as elite status with Marriott Bonvoy and Hilton Honors only add to the card's value (enrollment required). For businesses with high expenses, this card offers a solid rewards program that can translate into realllly sweet travel benefits.

Here’s a good rule of thumb: You probably shouldn’t own a credit card if you: (1) have a bad credit score, (2) are a non-U.S. resident (for this particular card), and (3) cannot control your spending. If your credit score is low, you'll need to improve it before applying for travel credit cards, as approval for the best ones, like The Amex Business Platinum, is unlikely. Be honest with yourself: if a new credit card will tempt you to overspend, it's best to avoid it. Credit cards are crucial for earning miles and points, but they require responsible use.

An excellent credit score is recommended for The Business Platinum Card®. But again, if you’re in a solid place with your credit and feel you are ready for a new card, don’t let the fear of being rejected keep you from applying. We’ve known several people to be rejected on their first application, use the reconsideration line, and be granted the Amex Business Platinum. While it’s not considered a beginner card, the worst they can say is “no.”