Amex Business Platinum Card’s Welcome Bonus Offer History: 2019 to Today

The Business Platinum Card^® from American Express stands out as the most prestigious business card on the market. What’s more, new applicants can also take advantage of a substantial welcome bonus offer — a payout that comes with a ton of Membership Rewards points upon meeting minimum spending requirements.

Over recent years, American Express has significantly raised the stakes for these welcome bonus offers, which are often worth thousands of dollars for travel. We’ll take a closer look at the Amex Business Platinum card’s publicly available welcome offer history to determine whether it’s the right time to apply for you.

When To Apply for the Amex Business Platinum Card

The Amex Business Platinum card comes with a costly $695 annual fee (rates & fees), which is due at the end of your first statement credit. If you’re applying for the card, earning a welcome bonus offer could potentially help justify this cost.

With that said, the Amex Business Platinum card has the following welcome offer:

• ELEVATED OFFER: Earn 150,000 points after spending $20,000 in eligible purchases within the first 3 months.

According to our latest points and miles valuations, we estimate these Membership Rewards points to be worth $3,300 — which is, without a doubt, a generous sum of rewards.

ELEVATED 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 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!

Welcome Offer

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

150,000 points

UP's Bonus Valuation*:

$3,300

Annual Fee

$695

APR

18.74% - 27.74% 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 cardapplication.

Good to Excellent (670-850)

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 1,400 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.

Pros & Cons

Pros

• 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
• Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
• 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)

Cons

• High annual fee of $695 (rates & fees)
• Airline fee credit does not cover airfare, only incidentals like checked bags

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Card Highlights

• Welcome Offer: Earn 150,000 Membership Rewards^® points after you spend $20,000 in eligible purchases on the 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, on up to $2 million per Card Account per calendar year. Purchases eligible for multiple additional point bonuses will only receive the highest eligible bonus.
• Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first year of membership with the Business Platinum Card^®. Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card^®, here.
• $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 the Card.
• $199 CLEAR^® Plus Credit: Use your card and get up to $199 in statement credits per calendar year on your CLEAR^® Plus Membership (subject to auto-renewal) when you use the 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: 18.74% - 27.74% Variable
• Foreign Transaction Fees: None

Rewards Center

American Express Membership Rewards

Premium rewards cards come with premium welcome bonus offers, and the team at Upgraded Points researched the offer history for the Amex Business Platinum card since 2019:

Targeted Welcome Bonus Offers on the Amex Business Platinum Card

The current welcome offer on the Amex Business Platinum card is extremely generous, as seen in the history above. However, there are several ways to find targeted welcome bonus offers, which could provide opportunities to earn even more points for the same amount of spend.

In fact, the team at Upgraded Points has found welcome offers as high as 250,000 points — and you definitely don’t want to leave any rewards on the table. Here are a few resources with strategies to help you find these targeted offers:

• How To Earn 170K Amex Points With the Amex Business Platinum Card
• Earn 175K Bonus Points With Amex Business Platinum Card
• Score a Massive 190K Bonus With the Amex Business Platinum Card
• Get an Incredible 200K Bonus With the Amex Business Platinum Card
• How To Find a Whopping 250K Bonus With the Amex Business Platinum Card

Targeted offers are discussed in the articles above. Please note that these offers are not available to all applicants. Any information related to targeted offers has been collected independently and has not been reviewed or provided by the card issuer.

Amex Business Platinum Card Benefits

Business owners with large recurring expenses are great candidates for the Amex Business Platinum card. Its rewards currency, Membership Rewards points, can be transferred to airlines and hotels to redeem for maximum value.

In addition to the welcome bonus offer, the Amex Business Platinum card has prolific benefits for travel, business purposes, and everyday use. Here’s an overview of its perks:

• 5x points on flights and prepaid hotels on AmexTravel.com; 1.5x points on eligible purchases at U.S. construction material and hardware suppliers, electronic goods retailers, software and cloud system providers, and shipping providers, and on purchases of $5,000 or more (on up to $2 million of these purchases per calendar year); and 1x points on all other eligible purchases
• Airport lounge access worldwide to more than 1,400 locations, including Amex Centurion Lounges (U.S. and international), Delta Sky Clubs (when flying same-day Delta), Priority Pass (enrollment required), and more
• Annual statement credits with select purchases made with Dell Technologies, Indeed, Adobe, U.S. wireless service providers, airline fee incidentals, and a CLEAR Plus membership (enrollment required for some benefits)
• Global Entry or TSA PreCheck application fee credit
• Complimentary elite status with Hilton Honors Gold and Marriott Bonvoy Gold (enrollment required)
• 35% airline bonus when you use Pay With Points for flights booked through AmexTravel.com (up to 1 million points per year)

Final Thoughts

If you’re looking to earn a 6-figure balance of points rather quickly, look no further than the welcome offers on the Amex Business Platinum card. Once approved, you’ll want to come up with a strategy to meet the spending offers and redeem the rewards for maximum value.