Offers mentioned below are no longer available. Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more.
The 100,000-point welcome bonus for The Business Platinum Card® from American Express ended Dec. 4, 2019, but it is now back. Potential cardholders can currently apply for the card in order to take advantage of the elevated welcome bonus, which gives new cardholders the chance to earn 100,000 Membership Rewards® points.
CNBC Select has all the details you need to know about the welcome bonus offers and the card's benefits.
The Business Platinum Card from American Express welcome bonus
Here's the current offer: The current offer is worth 100,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first three months of card membership.
What the welcome bonus is worth
While the value of one point varies, here are some ways you can redeem 100,000 Membership Rewards® points, according to Amex's rewards points calculator.
- Pay with points at checkout: $1,000 (NYC Taxi), $700 (Amazon), $500 (Ticketmaster), $700 (all other eligible sites, such as Seamless.com, Rite Aid and more)
- Gift cards: up to $1,000
- Statement credit: $600
- Book or upgrade travel: $700* (prepaid hotels and cruises), $1,000* (flights)
- Transfer points to frequent traveler program partners: up to $700 or 100,000 points in the partners' program
- Shopping with merchant partners: $500
*You have to pay for travel using The Business Platinum Card® from American Express through American Express Travel to get these redemption rates. There are no blackout dates when travel is booked on this site. Plus points don't expire while your account is open.
Additional cardholder benefits
The Business Platinum Card® from American Express ranks as our best small business card with luxury perks. The card offers over a dozen premium perks for business owners. Whether it's travel, purchase protection, rewards or expense management, there's a benefit for every type of business owner.
Cardholders earn a competitive 5X Membership Rewards® points on flights and prepaid hotels on Amextravel.com and 1X points on all other purchases. Plus, you earn 50% more points on purchases of $5,000 or more. Points redeemed for flights through Amex Travel get 35% points back, up to 500,000 bonus points per calendar year.
Luxury travel benefits include a statement credit for Global Entry or TSA PreCheck, access to over 1,200 airport lounges through the American Express Global Lounge Collection and an annual $200 airline fee credit for incidentals, like baggage and seat upgrades.
This card also comes with up to $200 in statement credits annually: Get up to $100 in statement credits between January and June and up to $100 in statement credits between July and December for U.S. purchases with Dell Technologies on your Business Platinum Card when enrolled.
While this card has a suite of benefits, it comes with a hefty $595 annual fee (see rates and fees). And each employee card costs an additional $300 annually. If you take advantage of all the card benefits, you can offset the high annual fee. You do have the option to open alternative employee cards for a lower fee: $200 for each additional Executive Business Card and $45 for each additional Business Gold Rewards Card.
For rates and fees of the Business Platinum Card® from American Express, click here.
