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Ink Business Premier Card vs. Amex Business Platinum Card [Detailed Comparison]

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If you’re taking the time to read this article, chances are you’re a business owner who understands the value of a business credit card for managing your business operation. You probably already know the value of keeping personal and business purchases separated, managing the purchases of your employees, and simplifying accounting at tax time.

But selecting the right business credit card for your specific operation can take some research.

Our comparison today looks at 2 excellent business credit card choices: the Ink Business Premier℠ Credit Card and The Business Platinum Card® from American Express.

Both cards can help you manage your business operations, but since the cards have different earning structures, redemption options, and additional protections and benefits, one may fit your business situation better than the other.

All of the factors that can influence your card decision deserve a closer look, and that’s what we’ve prepared for you today. Here’s how the cards compare.

Ink Business Premier Card vs. Amex Business Platinum Card — Overview

We’ll get into the details of the individual benefits of the Ink Business Premier card and Amex Business Platinum card shortly, but first, let’s look at a high-level comparison of our featured cards.

Note that some benefits requirement enrollment so be sure to check your account portal to get the most out of your card’s benefits.

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Ink Business Premier℠ Credit CardThe Business Platinum Card® from American Express
Welcome OfferEarn $1,000 cash-back after you spend $10,000 on purchases in the first 3 months.OUR BEST OFFER: Earn 120,000 points after you spend $15,000 on purchases in the first 3 months.
Earning
  • 5% cash-back on travel via the Chase travel portal
  • 2.5% cash-back on all purchases of $5,000 or more
  • 2% cash-back on all other purchases
  • 5x points on flights and prepaid hotels via AmexTravel.com
  • 1.5x points on select business category purchases and on all purchases of $5,000 or more, up to $2 million dollars in purchases each year
  • 1x points on all other purchases
Redemption Options
  • Travel via the Chase travel portal
  • Cash-back, gift cards, online shopping, PayPal, Amazon
  • Transfer points to airline and hotel partners
  • AmexTravel.com bookings
  • Bid for flight upgrades, statement credits, gift cards, shopping at select shopping partners
Top Travel Protections and Benefits
  • Primary car rental insurance, trip cancellation, trip interruption, and trip delay insurance, lost luggage and baggage delay insurance, Roadside Dispatch, Travel and emergency assistance services
  • Luxury Hotel Collection benefits
  • Visa Signature Concierge
  • Trip cancellation and interruption insurance, trip delay reimbursement, lost luggage insurance, secondary rental car insurance with access to Premium Protection
  • Access to the American Express Global Lounge Collection (1,400+ lounges worldwide!)
  • Annual statement credits: up to $200 airline incidental fees credit, up to $189 CLEAR Plus credit, and more
  • Global Entry or TSA PreCheck application fee statement credit
  • 35% points rebate for booking eligible flights with points via AmexTravel.com
  • Fine Hotels + Resorts and The Hotel Collection benefits and up to $200 in annual statement credits
  • Hotel and rental car program elite status and perks
  • Access to Premium Global Assist Hotline with emergency evacuation and the Business Platinum Concierge
Top Shopping Protections and Benefits
  • Purchase protection, extended warranty
  • No foreign transaction fees
  • Chase Offers
  • Return protection, purchase protection, extended warranty
  • No foreign transaction fees (rates & fees)
  • Cell phone protection
  • Annual statement credits: up to $400 in Dell credits, up to $350 in Indeed credits, up to $150 in Adobe credits, up to $120 in wireless credits
  • Amex Offers
  • No preset spending limit
Annual Fee and Authorized Users
  • Annual fee of $195
  • No charge to add employee cards

The Value of a Welcome Offer

Immediately after you’re approved for either the Ink Business Premier card or the Amex Business Platinum card, you’ll have an opportunity to earn a welcome bonus. Just meet the specific minimum spending requirement within the allotted period and you’ll jumpstart your rewards earning.

Here are the current welcome offers for each card.

Ink Business Premier℠ Credit Card

Ink Business Premier℠ Credit Card

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

Earn up to 5% cash-back for your business without complex bonus earning categories!

Learn More(at Chase's secure site)

Ink Business Premier℠ Credit Card

Earn up to 5% cash-back for your business without complex bonus earning categories!
Earn $1,000 bonus cash-back after you spend $10,000 on purchases in the first 3 months from account opening.
$1,000
$195
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

Chase has introduced the Ink Business Premier℠ Credit Card to its business credit card lineup. With straightforward cash-back earnings on everyday purchases and large expenses, tools to help you monitor your business, and multiple ways to redeem your rewards, this is a great card option to consider.

Pros

  • Earn 2.5% total cash-back on purchases of $5,000 or more
  • Earn 2% cash-back on all other business purchases
  • Unlimited 5% total cash-back on travel purchased through Chase Travel
  • No foreign transaction fees
  • Trip cancellation and trip interruption insurance
  • No additional cost for employee cards
  • Cell phone protection
  • Primary rental car coverage
  • Purchase protection
  • Extended warranty coverage

Cons

  • $195 annual fee
  • Some purchases need to be paid in full each month and don’t qualify for Flex for Business APR
  • Rewards cannot be pooled with Chase cards that offer access to transfer partners
  • Earn $1,000 bonus cash back after you spend $10,000 on purchases in the first 3 months from account opening.
  • Earn unlimited 2.5% total cash back on purchases of $5,000 or more and unlimited 2% cash back on all other business purchases.
  • Travel Benefits: Unlimited 5% total cash back on travel purchased through Chase Travel℠, No Foreign Transaction Fees and Trip Cancellation/Trip Interruption Insurance.
  • The only business credit card with 2.5% cash back on every purchase of $5,000 or more.
  • For businesses who prefer to pay their balance in full each month, Ink Business Premier gives access to increased spending power, rich rewards, and premium benefits.
  • Pay off eligible purchases over time with interest up to assigned Flex for Business limit. All other purchases must be paid in full each month.
  • Purchase with confidence with built-in protections like Fraud Protection, Zero Liability Protection, Purchase Protection, Cell Phone Protection, and Extended Warranty Protection.
  • There's no additional cost for employee cards. Monitor spend with digital tools like purchase alerts, set spending limits, reporting, and more.
  • Member FDIC

Financial Snapshot

  • Foreign Transaction Fees: None

Card Categories

OUR BEST OFFER
The Business Platinum Card® from American ExpressTerms Apply / Rates & Fees

The Business Platinum Card® from American Express

U.P. Rating
The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!

Learn More(at Amex's secure site)

The Business Platinum Card® from American Express

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
120,000 points
$2,640
$695
19.49% - 27.49% Variable
Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.
Good to Excellent (670-850)

The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.

When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.

Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 120,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Pros

  • 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
  • Up to $200 annual airline fee credit on your selected qualifying airline
  • Statement credits on select purchases with your card
  • 35% airline bonus when using Pay With Points (up to 1,000,000 bonus points per calendar year)
  • Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
  • Global Entry or TSA PreCheck application fee credit
  • Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (cap applies)
  • Access to Amex’s Fine Hotels & Resorts program

Cons

  • High annual fee of $695 (rates and fees)
  • Airline fee credit does not cover airfare, only incidentals like checked bags
  • Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
  • 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
  • Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase 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.
  • Unlock over $1,000 in annual statement credits on a curation of business purchases, including select purchases made with Dell Technologies, Indeed, Adobe, and U.S. wireless service providers.
  • $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year for incidental fees charged by your one selected, qualifying airline to your Card.
  • $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use your Business Platinum Card®.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
  • $695 Annual Fee.
  • Terms Apply.

Financial Snapshot

  • APR: 19.49% - 27.49% Variable
  • Foreign Transaction Fees: None

Card Categories

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 120,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Bottom Line: Both the Ink Business Premier card and Amex Business Platinum card have welcome bonuses you can earn after card approval. These welcome bonus offers fluctuate but you can count on earning a significant amount of rewards after meeting minimum spending requirements in the specified period following card approval.

Earning and Redemption Options

Passenger connects on Delta domestic first class
Both of our featured cards earn rewards on travel purchases and allow you to redeem rewards for travel. Image Credit: Delta

The Ink Business Premier card is marketed as a cash-back earning card but earns rewards initially in the form of points that can be redeemed for cash-back. The Amex Business Platinum card earns flexible Membership Rewards points.

Earning levels differ for each card depending on the spending category and the amount of the purchase.

Let’s review how you can expect to earn rewards on either of our featured cards.

Earning

Regardless of the size of your business, earning rewards on every purchase your business makes can bring value to your bottom line.

Both the Ink Business Premier card and Amex Business Platinum card earn well on travel via each card’s proprietary travel portal, have bonus earnings for purchases of $5,000 or more, and offer flat-rate earnings on all other purchases.

Here’s how you’ll earn rewards on each card:

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Earning CategoryInk Business Premier CardAmex Business Platinum Card
Travel5% cash-back on travel via the Chase travel portal5x points on flights and prepaid hotels via AmexTravel.com
All Other Purchases
  • 2.5% cash-back on all purchases of $5,000 or more
  • 2% cash-back on all other purchases
  • 1.5x points on select business purchases and purchases of $5,000 or more in all other categories
  • 1x points on all other purchases

If your business makes a lot of large purchases, earning 2.5% cash-back with the Ink Business Premier card can be beneficial, plus you’ll also earn 2% cash-back on all other purchases. In the earnings category, the Ink Business Premier card appears to be the best card overall.

The Amex Business Platinum earns 1.5x points on key business categories. These categories include U.S. construction material and hardware suppliers, electronic goods retailers, software and cloud system providers, and shipping providers.

Yet earnings are just one factor to consider when determining the value of a card. Let’s continue to look at redemption options and benefits for the whole picture.

Bottom Line: Both the Ink Business Premier card and Amex Business Platinum card earn well on travel purchased via their respective travel portals. The Ink Business Premier card has much greater earnings on purchases of $5,000 or more and on all other purchases. 

Redemption Options

Once you’ve accumulated a sufficient amount of rewards, you’ll be interested in your options at redemption time.

The Ink Business Premier card offers options that result in 1 cent in value per point. However, the Amex Business Platinum card offers options that can result in significantly more value.

Here are your choices when it’s time to redeem your rewards:

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Redemption OptionInk Business Premier CardAmex Business Platinum Card
TravelRedeem points for travel via the Chase travel portal for 1 cent each

 

Additional Redemption OptionsCash-back, gift cards, shop with Amazon, PayPalStatement credits, gift cards, Amazon, Uber, Ticketmaster, and select shopping partners

While the Ink Business Premier card has a better earning structure, the Amex Business Platinum card earns flexible rewards that can be redeemed for potentially greater value.

To illustrate, let’s assume you were to spend $50,000 on everyday business purchases with the Ink Business Premier card. With all purchases under $5,000 each, you would earn $1,000 in value. That same $50,000 in purchases on the Amex Business Platinum card would earn 50,000 Membership Rewards points that could potentially be redeemed for $1,100 in value (assuming a 2.2 cent value for each point).

The card that is better for you will depend on which is more important to your business — cash-back or travel.

Still, earning and redemption options don’t entirely illustrate the value of each card to your business. Protections and benefits can offer additional value that may be important to you.

Bottom Line: The Ink Business Premier card has limited flat-rate redemption options. The Amex Business Platinum card earns flexible rewards that can be redeemed for flights or transferred to airline and hotel partners for greater potential value. You’ll receive a 35% rebate when redeeming points for qualifying flights via AmexTravel.com. 

Travel Protections and Benefits

Man with laptop and briefcase
If your business involves travel, you may find value in complimentary travel protections and benefits. Image Credit: nappy via Pexels

Travel protections can provide assistance when things go wrong during your trip and offer peace of mind that you’ll have coverage for additional expenses. Travel benefits can make your trip more comfortable with elite-style benefits, providing credits for purchasing expedited airport security and offsetting the cost of travel in general.

We’ll expand on the details shortly, but first let’s look at a summary of the travel protections and benefits you’ll find on the Ink Business Premier card and the Amex Business Platinum card:

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BenefitInk Business Premier CardAmex Business Platinum Card
Car Rental InsurancePrimary coverageSecondary coverage with the option to purchase Premium Protection
Trip Cancellation, Trip Interruption, Trip Delay Insurance
  • Up to $5,000 reimbursement per covered trip for trip cancellation or trip interruption
  • If a covered trip is delayed more than 12 hours or overnight, up to $500 per trip
  • $10,000 per covered trip, $20,000 per card per 12-month period for trip cancellation or trip interruption
  • If a covered trip is delayed more than 6 hours, up to $500 per trip, a limit of 2 claims per 12-month period
Baggage Insurance
  • Up to $3,000 for carry-on, $2,000 for checked bags
  • If bags are delayed more than 6 hours, up to $100 per day for 5 days for covered incidentals
Up to $3,000 for carry-on, $2,000 for checked bags
Roadside AssistanceRoadside Dispatch for 1 low price, includes standard winching, limited towing, changing of an inflated spare flat tire, emergency fuel, lockout service, and jump-startNone
Worldwide Lounge AccessNoneComplimentary access to over 1,400 lounge properties worldwide
Statement CreditsNone
  • Up to $200 airline fee credit
  • Up to $189 CLEAR Plus credit
  • Up to $100 Global Entry or up to $85 TSA PreCheck application fee reimbursement statement credit
Luxury Hotel Program BenefitsVisa Signature elite-style benefits with the Chase Luxury Hotel & Resort Collection
  • Fine Hotels & Resorts and The Hotel Collection benefits
  • Up to $200 hotel credit each year. Hotel Collection requires a minimum two-night stay.
Hotel, Flight, and Car Rental Program BenefitsVisa Signature discounts and perks with Avis, Budget, and Audi on demand
  • Hilton Honors and Marriott Bonvoy Gold elite status
  • 35% Rebate for Pay With Points Flights
  • Discounts, perks, and status with Avis, Hertz, and National
Concierge Service and Travel Assistance
  • Visa Signature Concierge
  • Travel and Emergency Assistance Services
Global Premium Assist Hotline with Business Platinum Concierge and evacuation coverage
Additional BenefitsNo foreign transaction fees

There are certain protections and benefits that you’ll find on both the Ink Business Premier card and the Amex Business Platinum card. Here are the key benefits both cards have in common.

  • Car Rental Insurance — Use either of our featured cards to reserve and pay for your car rental, decline the rental agency’s CDW/LDW coverage, and receive coverage for theft and damage. The Ink Business Premier card comes with primary car rental insurance for business rentals and rentals outside the U.S., which means you do not have to file a claim with any other applicable insurance before card coverage kicks in. The Amex Business Platinum card comes with secondary coverage, requiring you to file a claim first with any other insurance that may apply. However, you can purchase Premium Protection for 1 low fee (as low as $12.25) that covers the entire rental period of up to 42 consecutive days.
  • Trip Cancellation, Trip Interruption Insurance — Pay for your trip with your Ink Business Premier card and receive up to $5,000 reimbursement per covered trip for eligible prepaid non-refundable expenses when your trip needs to be canceled or is interrupted due to a covered reason. Pay for the entire cost of the trip transportation with your Amex Business Platinum card and you could receive up to $10,000 per covered trip, up to $20,000 per card per 12-month period.
  • Trip Delay Coverage — Pay for a portion of your trip with your Ink Business Premier card and if your trip is delayed more than 12 hours or overnight you could receive up to $500 per trip. With the Amex Business Platinum card, pay for your entire trip with your card and if your trip is delayed 6 hours or more, you could receive up to $500 per trip, with a limit of 2 claims per 12-month period.
  • Concierge Service — If you need assistance booking a hard-to-secure restaurant reservation, finding the perfect last-minute gift, or even arranging transportation, the Ink Business Premier card Visa Signature Concierge or the Amex Business Platinum card Concierge may be able to help (available via the Global Premium Assist Hotline).
  • No Foreign Transaction Fees — Both of our featured cards travel well with neither charging foreign transaction fees

In addition to the above protections and benefits, each of our featured cards has its own unique set of benefits.

Ink Business Premier Card

  • Roadside Assistance — With Roadside Dispatch you can receive help 24/7 and pay just 1 low price for a service call that can include limited towing, standard winching, lockout service, tire changing of an inflated spare, emergency fuel, and jumpstart service.
  • Rental Car Program Benefits — Receive up to a 25% discount on Avis and Budget, waived additional driver fees, a 15% discount on Audi on demand, and more.
  • Luxury Hotel & Resort Collection Benefits — Enjoy daily breakfast for 2, an upgraded room when available, free Wi-Fi, early check-in/late checkout when available, and a unique on-site amenity with every stay.

Amex Business Platinum Card

  • Worldwide Airport Lounge Access — Enjoy complimentary access to over 1,400 airport lounges worldwide, including prestigious Centurion Lounges, Priority Pass lounges, Delta Sky Clubs (when flying Delta), select Lufthansa Lounges (when flying Lufthansa Group), and more.
  • Airline Incidentals Credit — Receive up to $200 in statement credits each calendar year when you charge airline incidental fees to your card.
  • CLEAR Plus Credit — Pay for your CLEAR Plus application or renewal fee with your card and receive reimbursement of up to $189 as a statement credit.
  • 35% Rebate for Pay With Points Flights — Book a flight with your preselected airline or any premium economy, business, or first-class fare with any airline, pay with Membership Rewards points, and receive a 35% point rebate. The maximum rebate amount is 1,000,000 points per year.
  • Fine Hotels & Resorts and The Hotel Collection Benefits — Receive up to $200 in statement credits and elite-style benefits such as complimentary breakfast, onsite amenities, upgraded room when available, early check-in/late checkout, and more when you book a qualifying stay.
  • Hotel Program Elite Status — Enjoy Gold status with Hilton Honors and Gold Elite status with Marriott Bonvoy hotel loyalty programs. Registration is required.
  • Car Rental Program Benefits —  Receive discounts, perks, and status with Avis, Hertz, and National.
  • Premium Global Assist Hotline — The hotline offers assistance 24/7 when your trip is disrupted. Receive help arranging emergency transportation, medical and legal referrals, or assistance replacing a lost passport. Premium benefits also include valuable emergency medical evacuation coverage.

Bottom Line: The Amex Business Platinum card has considerably more travel protections and benefits than the Ink Business Premier card, although the card does charge a higher annual fee. However, worldwide lounge access plus hundreds of dollars in statement credits for airline incidental fees, CLEAR membership credits, hotel statement credits, and points rebates could add enough value to offset that fee. 

Shopping Protections and Benefits

Cell phone
Shopping protections and benefits can save money and provide protection when you need it. Image Credit: Markus Winkler via Unsplash

Shopping protections can help if an eligible item you purchase with your card becomes damaged or is stolen. Shopping benefits can save you money or offer greater reward-earning opportunities on purchases you make with your card.

Here are the shopping protections and benefits you’ll find on both the Ink Business Premier card and the Amex Business Platinum card:

  • Cell Phone Protection — Pay your monthly cell phone bill, and those of your employees, with your card and receive protection for damage or theft. With the Ink Business Premier card, coverage is limited to $1,000 per claim, a limit of 3 claims per 12-month period, and each claim is subject to a $100 deductible. With the Amex Business Platinum card, you could receive up to $800 per claim with a limit of 2 claims per 12-month period. Each claim is subject to a $50 deductible.
  • Purchase Protection — Eligible items purchased with either card receive coverage for damage or theft for 120 days from the purchase date. Coverage is limited to $10,000 per item, up to $50,000 per account.
  • Extended Warranty — Eligible items purchased with either of our featured cards may qualify for extended warranty protection. The Ink Business Premier card extends warranties for 1 additional year for eligible items that have manufacturer’s warranties of 3 years or less. The Amex Business Platinum card provides an additional 2 years for items with U.S. manufacturer’s warranties of 5 years or less.
  • No Foreign Transaction Fees — Both of our featured cards travel well as neither charges foreign transaction fees.

In addition to the above shopping protections and benefits, each card offers its own select shopping perks:

Ink Business Premier Card

  • Chase Offers — Login to your online Chase card account, select your desired Chase Offers, and earn additional cash-back on purchases made with specific retailers and service providers.
  • Shop through Chase — Before shopping online, you’ll want to visit Shop through Chase for extra rewards-earning offers.

Amex Business Platinum Card

  • Return Protection — If an eligible item purchased with your card is not accepted for return by the selling merchant within 90 days of the purchase date, you could receive up to $300 per item, up to $1,000 per year.
  • Dell Credits — Receive up to $200 in statement credits for the period from January through June and an additional $200 from July through December in statement credits for purchases with Dell Technologies.

Hot Tip: Since Dell is an electronics retailer, you could earn 1.5x points on Dell purchases as well as receive a statement credit for up to $200 each year, as noted above. 

  • Indeed Credit — Receive up to $90 each quarter in statement credits, up to $360 each year, when you use your card for purchases with the employment website Indeed.
  • Adobe Credit — Use your card for an eligible purchase or subscription and receive up to $150 each year in statement credits. Enrollment is required.
  • $120 Annual Wireless Credit — Each month you can receive up to $10 in statement credits when you make a payment on your U.S. wireless provider phone bill with your card.
  • Amex Offers — Login to your online card account, scroll down, and select offers to add to your card from up to 100 retailers and service providers. You’ll earn extra Membership Rewards points or statement credits for select purchases.
  • No Preset Spending Limit — It can be helpful in months of low cash flow to utilize the benefit of not having a preset spending limit on your card.
Bottom Line: Both the Ink Business Premier card and Amex Business Platinum card come with shopping protections and benefits such as cell phone protection, purchase protection, and extended warranty protection. The Amex Business Platinum card, however, offers return protection plus statement credits for Dell, Indeed, Adobe, and wireless expenses that can add greater value if your business can use these benefits. 

Annual Fees and Authorized Users

The Ink Business Premier card charges an annual fee of $195, while the Amex Business Platinum card charges a $695 annual fee (rates & fees).

There is no cost to add authorized users to your Ink Business Premier card. Additional users receive their own card and share in travel benefits including cell phone protection when their bill is paid for with the card.

The Amex Business Platinum card charges $350 for each authorized Amex Business Platinum card user (rates & fees). The additional user will receive their own card, worldwide lounge access, Global Entry or TSA PreCheck fee reimbursement, and hotel and car rental elite status benefits. Additionally, you can add Gold card authorized users for $45 each, and Green card authorized users at no charge (rates & fees).

Final Thoughts

If premium travel benefits are not a priority and cash-back works better for your business, the Ink Business Premier card could be a decent choice.

If your business involves travel, even occasional travel, you may find greater value with the Amex Business Platinum card. We like the idea of earning flexible rewards that can give you options at redemption time and have the opportunity for potentially greater value than a fixed rate of just 1 cent each.

The value of protections and benefits is also a factor in comparing these featured cards, as the Amex Business Platinum card offers a better collection that includes worldwide lounge access, hundreds of dollars in statement credits, and hotel and car rental elite benefits and discounts. You will, however, pay a higher annual fee for the card.

Deciding between the 2 cards should not be difficult as earning, redemption, and benefit offerings for each card are so different. The better card for your business can easily be based on your preferences and which one delivers more bottom-line value.

For the car rental collision damage coverage benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the trip cancellation and interruption insurance and trip delay insurance benefits of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. For the baggage insurance plan benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the extended warranty and purchase protection benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the cell phone protection benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. For the return protection benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. For the Premium Global Assist Hotline benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. If approved and coordinated by Premium Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circumstance, card members may be responsible for the costs charged by third-party service providers.

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

Frequently Asked Questions

Which card is better, the Ink Business Premier card or the Amex Business Platinum card?

The better card for your business will depend on your priorities. If earning cash-back works well for your business, the Ink Business Premier card has a robust earning structure that can fit that requirement.

If you value premium travel benefits and flexible travel redemption options that can provide greater potential value, the Amex Business Platinum card has much more to offer.

While the Amex Business Platinum card has a higher annual fee, it offers hundreds of dollars in statement credits that, if used, can provide value that can exceed the cost of the annual fee.

What credit score do I need for the Ink Business Premier card?

You will need an excellent credit score, typically 740 or above, to be considered for the Ink Business Premier card.

Can I transfer points earned on the Ink Business Premier card to airline programs?

No. The Ink Business Premier card earns points that can be redeemed for cash-back, travel via the Chase travel portal, statement credits, gift cards, and shopping with Amazon, and PayPal.

Points cannot be transferred to other Chase cards or to airline or hotel loyalty programs.

Does the Ink Business Premier card have cell phone protection?

Yes, the Ink Business Premier card offers cell phone protection. Pay your monthly bill, and those of your employees, with your card and receive coverage for damage or theft up to $1,000 per claim with a limit of 3 claims per 12-month period. Each claim is subject to a $100 deductible.

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About Christine Krzyszton

Christine ran her own business developing and managing insurance and financial services. This stoked a passion for points and miles and she now has over 2 dozen credit cards and creates in-depth, detailed content for UP.

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