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With a degree in media and journalism, Stella has been in the points and miles game for more than 6 years. She most recently worked as a Corporate Communications Analyst for JetBlue. Find her work in ...
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Earning a welcome bonus offer can be your one-way ticket (or potentially even more!) to an endless number of destinations worldwide. And currently, American Express is offering an extraordinary welcome offer on its premium business credit card: The Business Platinum Card® from American Express.
Let’s dive into all of the details and how you can potentially earn 170,000 bonus points from a welcome offer!
Targeted offers are discussed in the article below. 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 Welcome Bonus Offer
New applicants for the Amex Business Platinum card can find all sorts of welcome offers out there, but it ultimately boils down to when and how you apply. Currently, we’re seeing variations of 120,000 points, 150,000 points, or even upwards of 170,000 points that are widely available.
At Upgraded Points, we estimate that Amex Membership Rewards points around 2.2 cents each for travel. Taking these valuations into consideration, a 120,000-point bonus is worth ~$2,640, a 150,000-point bonus is worth ~$3,300, and a 170,000-point bonus is worth ~$3,740.
As you can see, knowing when to apply can be the difference in scoring roughly $1,000 in additional value. Here are the ways you can find this incredible 170,000-point welcome offer.
Option 1: Check Amex Directly (Try This First)
First and foremost, you should look toward applying directly on American Express’ website to find the best possible offers on the Amex Business Platinum card. By checking directly with American Express first, you may be targeted for a generous welcome offer inviting you to apply.
Offer captured on June 30, 2023, and may not be available to all applicants. Image Credit: American Express
Option 2. Targeted Email Offers
Don’t ignore those targeted emails or mailers. These offers contain some of the best hidden gems, offering a special targeted invitation for you to apply. If you want to receive targeted offers, opt in to receive New Card and Credit Offers in your Amex account’s General Marketing Email Preferences.
Benefits of the Amex Business Platinum Card
There are very few business cards that can rival the Amex Business Platinum card. Despite its $695 annual fee (rates and fees), here’s a preview of the long list of benefits that business owners will find tons of value in:
Generous earnings, with 5x points on flights and prepaid hotels on Amex Travel; 1.5x points on eligible purchases at U.S. construction material and hardware suppliers, electronic good 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
35% airline bonus when you use Pay With Points for flights booked through Amex Travel (up to 1 million points per year)
No matter how often you travel or can make use of these business-centered statement credits, you can certainly find outsized value from these perks offered on this business card.
Maximizing Your Membership Rewards Points
If you find and meet the spend requirements for the 170,000-point welcome bonus, what can you do with all of those Amex Membership Rewards points? Here’s a glimpse at what’s on the table.
1. Book 5 Business Class Tickets to Spain
Spain is always a good idea, and you can transfer your Amex Membership Rewards points at a 1:1 ratio to Iberia Plus Avios.
For as low as 34,000 points one-way, you can fly in a lie-flat seat from Boston (BOS), Chicago (ORD), New York (JFK), and Washington, D.C. (IAD) all the way to Madrid (MAD). This is one of the best bargains in award travel — you can’t get much better than 5 one-way business class tickets for exactly 170,000 points total!
Fly on Iberia, the Spanish flag carrier, that offers plenty of nonstop routes to the U.S. Image Credit: Daniel Ross
3. Book (Almost) 2 Business Class Tickets to Tokyo
Want to get to the other side of the world in style? Consider transferring your points to Virgin Atlantic Flying Club, where you can book a round-trip, business class ticket on 5-star Japanese carrier ANA for just 90,000 points from West Coast cities. If you’re flying all the way from the East Coast, it’ll cost just 95,000 points.
Hardly any business card can rival the sheer number of benefits on the Amex Business Platinum card. Now when you consider the potential to earn 170,000 bonus points, there’s no question about it. Be sure to check through Amex directly to see if you’re targeted for this huge welcome offer!
For rates and fees of The Business Platinum Card® from American Express, click here.
Featured Image Credit: Upgraded Points
Frequently Asked Questions
It’s recommended to have an excellent credit score can get approved for the Amex Business Platinum card, one of the best offerings whether you own a business or have your own side hustle.
The highest welcome offer that we have ever seen for the Amex Business Platinum card was 260,000 points, but this offer was only available as a targeted mailer.
We value Amex points at 2.2 cents per point thanks to their ability to book luxury travel for a fraction of the normal price via the Amex transfer partners. This would make 170,000 points worth $3,740 based on that valuation. That said, the amount of value you get from your points will depend on how you redeem them.
With a degree in media and journalism, Stella has been in the points and miles game for more than 6 years. She most recently worked as a Corporate Communications Analyst for JetBlue. Find her work in The New York Times, USA Today, and more.
Disclaimer: Any comments listed below are not from the bank advertiser, nor have they been reviewed or approved by them. No responsibility will be taken by the bank advertiser for these comments.
1 comments
Jacob Brown
July 06, 2023
Its nice
Any thoughts or questions? Comment below!
Email needed if you'd like comment updates. It will NOT be published.
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.
1 comments
Jacob Brown
July 06, 2023
Its nice
Any thoughts or questions? Comment below!
Email needed if you'd like comment updates. It will NOT be published.
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