Edited by: Keri Stooksbury
& Juan Ruiz
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As anyone running a business can attest, there are a lot of monthly costs. One expenditure there’s just no avoiding, however, is the phone bill.
But did you know that The Business Platinum Card® from American Express has a neat statement credit for eligible wireless telephone services, which includes cell phone bills?
Read on to see how you can maximize the wireless credit benefit and how your business can save up to $120 per year.
With the Amex Business Platinum card, you’ll receive up to $120 in statement credits per year (up to $10 back per month) for wireless telephone service purchases made directly with a wireless provider in the U.S. You’ll need to enroll in this benefit in order to receive the statement credit.
You’ll want to make sure you’re making the correct purchases (more down below), or you won’t receive the statement credit. You’re only eligible for the statement credit on purchases for monthly wireless telephone service charges made directly from a wireless telephone service provider.
The easiest way to earn this statement credit is by paying your phone bill using your Amex Business Platinum card. For instance, if your phone bill costs $140 per month, you’ll save $10 monthly (dropping your bill to $130) simply by moving the bill over to your Amex Business Platinum card.
There aren’t too many restrictions on who can use the benefit, as the primary cardmember and employee card members are eligible for the monthly statement credit. However, you’re still only eligible for up to $10 in statement credits per month.
The following purchases won’t count:
Enrolling in the benefit is simple. First, you will log into your Amex online account. On the top menu, click Rewards & Benefits, then click View All Benefits on the right-hand side of the blue ribbon near the top of the page.
You’ll then see the Wireless Credit box. Click that button, hit Get Started, and you’ll be enrolled in no time.
And that’s it! You’ll receive your statement credit 6 to 8 weeks after an eligible purchase is charged to your card, but in our experience, statement credits typically post sooner than then.
By paying for your wireless services with your Amex Business Platinum card, you’ll receive up to $1,600 in cell phone protection. The coverage is for up to $800 per claim with a limit of 2 claims per card account each 12-month period, and a $50 deductible applied to each claim.
Your monthly cell bill must be charged to your eligible card, and the coverage begins on the first day of the month following the initial card payment.
Covered losses include theft of the cell phone, which requires a police report to be filed within 48 hours, and damage to the cell phone, including a cracked screen. There is a list of exclusions, and some additional terms and conditions will apply.
This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!
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.)
The Amex Business Platinum card is perhaps one of the best business cards to have in your wallet. That’s true whether you run a large business or have just a few employees.
With the Amex Business Platinum card, you’ll earn the following:
And those Amex points can go a long way. We value Amex Membership Rewards points at a whopping 2.2 cents each, which is among the highest valuations for a transferable points currency.Hot Tip:
One feature unique to the Amex Business Platinum card is when you book eligible flights through AmexTravel.com using Pay with Points, you’ll get a 35% airline bonus (~1.54 cents per point). Note that you can get up to 1 million points back per calendar year.
The Amex Business Platinum card is a true travel card. Similar to The Platinum Card® from American Express, the card includes Hilton Honors Gold and Marriott Bonvoy Gold Elite status upon enrollment. Gold status with both programs gets you benefits such as upgrades (when available) and late checkout.
As an Amex Business Platinum cardholder, you’ll also have access to Amex Fine Hotels + Resorts and The Hotel Collection, offering some of the best hotels in the world, where you’ll receive perks like:
After enrollment, you’ll also get rental car perks with Avis, Hertz, and National Car Rental. With Hertz, you’ll also receive top-tier President’s Circle status, which confers perks such as a 24-hour advance reservation airport guarantee and guaranteed 1-class upgrades.
The Amex Business Platinum card is also an excellent travel card to have at the airport. That’s because you have American Express Global Lounge Collection access, which means you can visit these airport lounges worldwide (some lounges may have restrictions):
Similar to the Amex Platinum card, the Amex Business Platinum card comes with a slew of statement credits, though they are more focused on business purchases. With the Amex Business Platinum card, you’ll receive the following each year:
You’ll also have several travel protections when holding the card, such as trip delay insurance, trip cancellation and interruption insurance, baggage insurance, and car rental insurance.
Finally, the Amex Business Platinum card boasts several shopping benefits like Global Dining Access by Resy (offering exclusive reservations), purchase protection (up to $10,000 per item and $50,000 per year), and extended warranty protection.
Given the other benefits of the Amex Business Platinum card, the wireless credit might not be a benefit you utilize or have even heard of. But it’s a great way to save a bit of money — something every business owner is mindful of — especially when using it on your phone bill purchases.
It’s a pretty simple process — you’ll register for the benefit, make your eligible purchase using your Amex Business Platinum card, and then wait for the statement credit to post. We hope this guide to using the Wireless Credit for the Amex Business Platinum card was helpful!
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 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 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 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 cell phone protection 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.
The wireless credit of up to $120 is broken down into 12 $10 monthly statement credits. You can use the credit on wireless telephone services, such as a cell phone bill.
Yes, the Amex Business Platinum card offers many travel benefits. These include airport lounge access, hotel elite status, car rental benefits, business statement credits, purchase protection, and more.
The Amex Business Platinum card has an annual fee of $695.
No, electronics purchases do not count toward the up to $10 monthly wireless credit—only wireless telephone services purchases count.
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UP's Bonus Valuation
This bonus value is an estimated valuation calculated by UP after analyzing redemption options, transfer partners, award availability and how much UP would pay to buy these points.