American Express has strengthened its efforts to attract new customers lately, offering massive welcome bonuses and refreshing a variety of its cards. Now, those with a small business have another offer to consider — and it’s very generous.
Let’s take a look.
Amex Business Platinum Card Welcome Offer
The welcome offers for The Business Platinum Card® from American Express can vary — depending on your credit score and income, you may see any one of several different available offers. At this time, we’re seeing the 100,000-point, 120,000-point, and even 150,000-point offers widely available.
All of these are significant and can get you a long way towards a high-end vacation.
We generally value Membership Rewards points at about 2.2 cents per point, which means that a 100,000-point bonus offer is worth ~$2,200, a 120,000-point bonus is worth ~$2,640, and a 150,000-point bonus is worth $3,300.
Option 1: Check Amex Directly (Try This First)
If you’re wanting to pick up the Amex Business Platinum card with the highest offers, you should start your search directly on the American Express website. Checking directly will allow you to see what type of offer you’re targeted for.
Option 2: Check on CardMatch
If Amex’s offer isn’t the one you’re looking for, then the second option we recommend is checking via the CardMatch tool. CardMatch uses a soft credit check to see if you’re eligible for any elevated offers. Because it isn’t a hard pull, checking won’t impact your credit score.
Option 3. Targeted Email Offers
If you’re still searching, keep an eye out for targeted email or mail offers. You’ll need to be opted-in to receive New Card and Credit Offers in your Amex account’s General Marketing Email Preferences.
Benefits of the Amex Business Platinum Card
Along with a generous welcome offer, the Amex Business Platinum card comes with several benefits, including airport lounge access and semi-annual statement credits.
These credits and benefits include:
That’s a lot of value when you consider the annual fee of $695 is hefty (rates and fees).
Maximizing Your Membership Rewards Points
What would you do with 100,000, 125,000, or even 172,500 Amex Membership Rewards points? If you qualify for the 150,000-point welcome offer and maximize your minimum spend with 1.5x purchases, you’ll be sitting on a stockpile of 172,500 points. So, what can you do?
Enjoy (Almost) 2 Round-trip Business Class Flights to Europe
Transfer partner ANA charges just 88,000 miles for a round-trip flight to Europe, even when flying from the West Coast, meaning you’ll pay 176,000 miles for 2 round-trip tickets. As a Star Alliance partner, you can fly the likes of United, Lufthansa, Air Canada, and SWISS for your trip. Amex points transfer to ANA at a 1:1 ratio.
Stay 68 Nights at a Hilton Property
Although Hilton has officially ditched its award chart, it still maintains a base rate for reward rooms starting at 5,000 Hilton Honors points per night. Amex points transfer to Hilton at a 2:1 ratio, meaning 1 Amex point becomes 2 Hilton points. Do we spot Diamond status on the horizon?
Fly Qsuites to the Maldives and Back
British Airways has recently dropped its award pricing for Qatar Airways flights, meaning a one-way Qsuites ticket to the Maldives will cost you just 70,000 Avios. Round-trip, you’ll be paying 140,000 Avios — or 140,000 Amex points once you transfer them.
Hot Tip: For more inspiration, check out the best ways to redeem your Amex Membership Rewards points (we also have guides for redeeming 60,000 and 100,000 points) and how to upgrade your flight using Membership Rewards points.
If you don’t already have the Amex Business Platinum card, now’s the time to get it. Although it’s an expensive card, its annual statement credits and huge welcome bonus make this offer more than worth it.
For rates and fees of The Business Platinum Card® from American Express, click here.
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