Chase Sapphire Reserve Business Card vs. Amex Business Platinum Card [Detailed Comparison]

For quite a while, The Business Platinum Card^® from American Express stood out as the premium business travel rewards card with little to no competition. However, that has completely changed with Chase’s entry into the premium business card market with the introduction of the Sapphire Reserve for Business℠.

Each card provides excellent value, solid earning rates, multiple point redemption options, fantastic travel benefits and protections, and numerous statement credits to help offset hefty annual fees.

The cards share many similarities, making it challenging to pick one over the other. Here’s a look at these popular travel rewards business cards and how they compare.

Overview

Here’s a comparison of the Chase Sapphire Reserve Business card and the Amex Business Platinum card.

It is worth noting that certain benefits require enrollment through your online account.

Current Welcome Offer Comparison

After meeting the minimum spending requirements on a travel rewards card, you typically earn its welcome bonus. These substantial bonuses are typically the most effective way to earn a large number of points at once.

Here’s a quick overview of the welcome offers for the Chase Sapphire Reserve Business card and Amex Business Platinum card:

Chase Sapphire Reserve Business Card

NEW OFFER

Terms Apply / Rates & Fees

Sapphire Reserve for Business℠

U.P. Rating 

The rating for this card has been determined by our own industry experts who know the ins and outs 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.

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Apply Now

Sapphire Reserve for Business℠

The Chase Sapphire Reserve for Business card is perfect for frequent traveler business owners who want premium perks.

Welcome Offer

Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening.

200,000 points

UP's Offer Valuation*:

$4,000

Annual Fee

$795

APR

18.24% - 26.24% Variable

Credit Recommended

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 card application.

Excellent

Why We Like This Card

The Chase Sapphire Reserve Business card is a great pick for business owners who can easily make use of the annual credits for travel, Google Workspace, ZipRecruiter, and more. Plus, it offers helpful bonus categories such as ad spend and offers access to over 1,300 airport lounges — including Chase Sapphire Lounges.

Pros & Cons

Pros

• 8x points on Chase Travel purchases
• 4x points on flights and hotels booked directly
• 3x points on advertising purchases made with social media sites and search engines (uncapped)

Cons

• $795 annual fee

Read Full Review

Card Highlights

• Earn 200,000 bonus points after you spend $30,000 on purchases in your first 6 months from account opening and with more than $2,500 in annual value, there's no competition.
• Earn 8x points on Chase Travel℠ for airline tickets, hotels, including The Edit℠, car rentals, cruises, activities and tours.
• Earn 5x total points on Lyft rides through 9/30/27.
• Earn 4x points on flights & hotels booked direct.
• Earn 3x points on social media & search engine advertising.
• Get the most flexible travel credit compared to any other card, with up to $300 in statement credits each anniversary year on travel purchases.
• Enjoy complimentary access to the Chase Sapphire Lounge^® by The Club network and Priority Pass™ Select membership. Two guests may accompany the Primary Cardmember to the lounges free of charge.
• Member FDIC

Financial Snapshot

• APR: 18.24% - 26.24% Variable
• Foreign Transaction Fees: None

Amex Business Platinum Card

ELEVATED WELCOME OFFER

Terms 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 ins and outs 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!

Apply Now(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!

Welcome Offer

Earn 150,000 200,000 Membership Rewards^® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.

150,000 200,000 points

UP's Offer Valuation*:

Up to $4,400

Annual Fee

$895

APR

17.99% - 28.74% Variable

Credit Recommended

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 card application.

Good to Excellent

Why We Like This Card

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 1,550 lounges, along with tons of annual credits, it’s easy to see why this card is a top option for frequent traveling business owners.

Pros & Cons

Pros

• Earn 5x Membership Rewards points per $1 on eligible travel purchases like flights, prepaid hotels, and prepaid short-term rentals booked through AmexTravel.com
• Access to over 1,550 worldwide airport lounges as part of the American Express Global Lounge Collection
• Earn 2x Membership Rewards points on eligible purchases in key business categories, as well as on purchases of $5,000 or more (on up to $2 million per calendar year)

Cons

• High annual fee of $895 (rates & fees)
• Airline fee credit does not cover airfare, only incidentals like checked bags

Read Full Review

Card Highlights

• Elevated Welcome Offer: Earn 200,000 Membership Rewards^® points after you spend $20,000 in eligible purchases on the Business Platinum Card^® within the first 3 months of Card Membership.
• 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.
• See how you can unlock over $3,500 in business and travel value annually after meeting qualifying spend thresholds on the Business Platinum Card. Terms apply.
• New! 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.
• Make the Business Platinum Card^® work even harder for you. Hilton For Business members get up to $200 back per calendar year when you make an eligible purchase at Hilton properties across the globe. Benefit enrollment required.
• Fly like a pro with a $200 Airline Fee Credit. Select one qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.
• Use the Business Platinum Card and get up to $209 back per calendar year on your CLEAR^® Plus Membership (subject to auto-renewal).
• Maximize your time away with Fine Hotels + Resorts through Amex Travel™.
• New! 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.
• New! 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.
• Enhanced! 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.
• 5X points on flights and prepaid hotels on AmexTravel.com
• 1X points on other eligible purchases
• $895 Annual Fee.
• Terms Apply.

Financial Snapshot

• APR: 17.99% - 28.74% Variable
• Foreign Transaction Fees: None

Rewards Center

American Express Membership Rewards

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 250,000 points with the Amex Business Platinum card. The current public offer is 150,000 200,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Earning Potential

The Amex Business Platinum card earns Membership Rewards points, and the Chase Sapphire Reserve Business card earns Ultimate Rewards points. These are 2 of the most valuable transferable rewards currencies available.

We value Amex Membership Rewards points at 2.2 cents per point and Chase Ultimate Rewards points slightly less, at 2.0 cents per point.

Determining which points are more valuable for you depends on how you redeem your points.

Here’s a comparison of the earning potential of the Chase Sapphire Reserve Business card and the Amex Business Platinum card:

The Chase Sapphire Reserve Business card offers slightly more earning opportunities than the Amex Business Platinum card.

For travel purchases, the Chase Sapphire Reserve Business card earns 4x points on flights and hotels booked directly, which is fantastic earning potential. The Amex Business Platinum card earns 5x points on flights and prepaid hotels, but you must book travel through AmexTravel.com.

Many people would rather have the flexibility to book directly with an airline or hotel rather than through a provider’s travel portal.

The Amex Business Platinum card provides tremendous value in select business categories (U.S. electronic goods retailers, U.S. construction material and hardware suppliers, U.S. software and cloud system providers, and U.S. shipping providers) and on large purchases of $5,000 or more, where cardholders earn 2x points (up to $2 million in purchases per calendar year). However, the Chase Sapphire Reserve Business card again shines, earning 3x points on social media and search engine advertising.

Redemption Options

Both cards offer numerous redemption opportunities. Here’s how the Chase Sapphire Reserve Business card and Amex Business Platinum card compare when it’s time to redeem your points:

Each card’s program offers value when redeeming points via its travel portal. 

Amex Business Platinum cardholders can receive a 35% points rebate when using points to book flights on their preselected airline via AmexTravel.com (up to 1 million points rebated per year).

Chase Sapphire Reserve Business cardholders can use points when booking through Chase Travel using Points Boost, where points can be worth as much as 2 cents each.

The best way to redeem points and miles for either program is often by leveraging airline and hotel transfer partners.

Comparing Statement Credits

The Chase Sapphire Reserve Business card and the Amex Business Platinum card have substantial annual fees, but offer statement credits that help offset the cost.

Here is a look at the statement credits on both cards. Enrollment is required for some statement credits:

Travel Perks

Airport Lounge Access

The Chase Sapphire Reserve Business card and the Amex Business Platinum card offer extensive airport lounge access. Here is the lounge selection each card offers:

Amex Business Platinum Card

The Amex Business Platinum card gives cardholders access to over 1,550 lounge properties worldwide and includes the following networks:

• Centurion Lounges (U.S. and abroad)
• 10 visits a year to Delta Sky Club (when flying Delta same day, plus the ability to unlock unlimited visits by spending $75,000 on eligible purchases in a year)
• Escape Lounges – The Centurion Studio Partner
• Select Lufthansa Lounges (when flying on a same-day Lufthansa Group ticket)
• Plaza Premium Lounges
• Priority Pass Select (upon enrollment)
• Select Virgin Clubhouses

Chase Sapphire Reserve Business Card

The Chase Sapphire Reserve Business card also offers many lounges that cardholders can access:

• Priority Pass Select membership (upon enrollment)
• Access to any Chase Sapphire Lounge by the Club (with up to 2 complimentary guests)
• Access to select Air Canada Maple Leaf Lounges and Air Canada Cafés in the U.S., Canada, and Europe (must have an eligible Star Alliance boarding pass)

Bottom Line:

Both of these featured cards offer worldwide lounge access across an extensive network. While the Amex Business Platinum card provides more options, they may be less valuable if the airports you typically visit don’t have those lounges.

Card-Specific Airline Benefits

Chase Sapphire Reserve Business Card

After cardholders spend $120,000 on purchases in a calendar year, they can earn Southwest Rapid Rewards A-List status and $500 in Southwest Airlines credits.

Amex Business Platinum Card

The Amex Business Platinum card offers International Airline Program, where cardholders can get discounted international airfare when purchasing eligible round-trip business or first class airline tickets.

Hotel Program Perks

Chase Sapphire Reserve Business Card

The Chase Sapphire Reserve Business card provides cardholders with complimentary IHG One Rewards Platinum Elite status. After spending $120,000 on purchases in a calendar year, cardholders can receive IHG One Rewards Diamond Elite status.

Cardholders can also book stays with The Edit by Chase Travel and receive benefits such as daily breakfast for 2, a $100 property credit (for spa, dining, or other activities at the property), and a room upgrade, early check-in, and late checkout (if available).

Amex Business Platinum Card

The Amex Business Platinum card provides complimentary hotel elite status in 3 programs:

• Hilton Honors Gold (upon enrollment)
• Leaders Club Sterling (upon enrollment)
• Marriott Bonvoy Gold Elite status (upon enrollment)

It also offers American Express Fine Hotels + Resorts benefits, including room upgrades (when available), daily breakfast for 2, early check-in and late checkout, and a $100 on-site credit.

For stays of 2 nights or longer at The Hotel Collection, you can receive benefits like an upgraded room when available and a $100 per room credit to use on-site.

Travel Protections

Chase Sapphire Reserve Business offers primary auto rental coverage, trip interruption and cancellation insurance, trip delay reimbursement, delayed and lost luggage reimbursement, travel accident insurance, roadside assistance, and Visa Infinite Concierge.

The Amex Business Platinum card offers cardholders trip interruption and cancellation insurance, trip delay reimbursement, car rental loss and damage insurance, delayed and lost luggage reimbursement, Premium Global Assist^® Hotline, and Business Platinum Card^® Concierge.

Shopping Protections and Benefits

The Chase Sapphire Reserve Business card provides return protection (up to $500 per item within 90 days of purchase, up to $1,000 per
12-month period), extended warranty protection, purchase protection (for 120 days from the date of purchase, up to $10,000 per claim), and cell phone protection (up to $1,000 per claim against covered theft or damage for cell phones paid with the card, 3-claim maximum in a 12-month period).

The Amex Business Platinum card provides return protection (up to $300 per item within 90 days of purchase, up to $1,000 per
calendar year), extended warranty protection, purchase protection (up to $10,000 per claim, up to $50,000 per year), and cell phone protection (up to $800 per claim with a limit of 2 claims per 12-month period for cell phones paid with the card).

Bottom Line:

Check out our in-depth guides to the benefits of the Chase Sapphire Reserve Business card and the perks of the Amex Business Platinum card.

Annual Fees and Additional Cardholders

Annual Fees

The Chase Sapphire Reserve Business card has a $795 annual fee, and the Amex Business Platinum card has an $895 annual fee.

Adding Additional Cardholders

The Chase Sapphire Reserve Business card allows you to add employee cards for no additional cost. The Amex Business Platinum card allows you to add Expense Cards for no additional cost and charges a $400 fee per Employee Card.

Foreign Transaction Fees

Neither of our featured cards charges foreign transaction fees.

Final Thoughts

The Chase Sapphire Reserve Business card and the Amex Business Platinum card are premium business card offerings from two of the most popular travel rewards programs. Both cards offer many benefits, including valuable earning rates, travel benefits and protections, and business and lifestyle statement credits.

With either card, you have flexibility with multiple redemption options for earned points. Choosing between these 2 cards can be difficult, as each has its own unique set of benefits. Ultimately, the best card for you is the one that best matches your spending and redemption goals. You can’t go wrong with either card.

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For the car rental loss and damage insurance benefit of The Business Platinum Card^® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please 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 benefit of The Business Platinum Card^® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

For the trip delay insurance benefit of The Business Platinum Card^® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.

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. Please 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 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. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the return protection benefit of The Business Platinum Card^® from American Express, with return protection, you may return eligible purchases to American Express if the seller won’t take them back up to 90 days from the date of purchase. American Express may refund the full purchase price excluding shipping and handling, up to $300 per item, up to a maximum of $1,000 per calendar year per Card account, if you purchased it entirely with your eligible American Express^® Card. Purchases must be made in the U.S. or its territories. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details.

For the extended warranty benefit of The Business Platinum Card^® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the purchase protection benefit of The Business Platinum Card^® from American Express, purchase protection is an embedded benefit of your card membership and requires no enrollment. It can help protect covered purchases made on your eligible card when they’re accidentally damaged, stolen, or lost, for up to 90 days from the covered purchase date. The coverage is limited up to $10,000 per occurrence, up to $50,000 per card member account per calendar year. Coverage limits apply. Eligibility and benefit level varies by card. Terms, conditions and limitations apply. Please 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, coverage for a stolen or damaged eligible cellular wireless telephone is subject to the terms, conditions, exclusions and limits of liability of this benefit. The maximum liability is $800, per claim, per eligible card account. Each claim is subject to a $50 deductible. Coverage is limited to two (2) claims per eligible card account per 12 month period. Eligibility and benefit level varies by Card. Terms, conditions and limitations apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.