Amex Refreshes Business Platinum Card With a $600 Hotel Credit (And More!)

American Express has just enhanced The Business Platinum^® Card from American Express with new perks and improved earning rates that business owners should get excited about.

These changes come with a notable annual fee increase from $695 to up cc_id=”1614″ name=”amex-business-platinum-annual-fee-number”] (rates & fees), reflected immediately for new applicants. For existing cardholders, the $200 annual fee increase will take effect starting on cardmember anniversary dates on or after December 2, 2025.

We’re pleasantly surprised by the added benefits and value of the card — and the best part is that Amex hasn’t removed any of its perks for this refresh. Let’s take a look at everything that has changed.

Amex Business Platinum Card 2025 Refresh

Amex has just introduced changes to its top-tier cards: the Amex Business Platinum card and the Platinum Card^® from American Express. The new benefits differ slightly, as the issuer continues to differentiate the 2 products for luxury consumers and high-spending business owners.

Here’s an overview of the new credits and benefits with the Amex Business Platinum card.

Up to $600 Hotel Credit With the Largest Selection of Global Hotels

The Amex Business Platinum card provides access to the Amex Fine Hotels + Resorts and The Hotel Collection portfolio, consisting of incredible luxury properties worldwide. Fine Hotels + Resorts stays can be just 1 night, while stays at The Hotel Collection must be at least 2 nights.

When booking specifically with the Fine Hotels + Resorts program, you’ll receive these incredible benefits as a guest:

• Room upgrade upon arrival, when available
• Daily breakfast for 2 people
• Guaranteed 4 p.m. late checkout
• Noon check-in, when available
• Complimentary Wi-Fi
• Unique property amenity, such as a spa or food and beverage credit valued at a minimum of $100

The personal version (Amex Platinum card) has long offered an annual statement credit to prepaid Amex Fine Hotels + Resorts or The Hotel Collection reservations. Now, Amex is finally matching this excellent perk from the consumer card and bringing it to the Amex Business Platinum card.

You can now receive 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 AmexTravel.com when you pay with your Amex Business Platinum card.

Earn 2x Points on Eligible Purchases

Until now, the Amex Business Platinum card has offered the following earning rate: 5x points on flights and prepaid hotels booked on AmexTravel.com and 1.5x points on purchases of at least $5,000 or select business categories. These include U.S. construction material and hardware suppliers, electronic goods retailers and software and cloud system providers, and shipping providers. The 1.5x earnings were valid up to $2 million of these purchases per calendar year, then the earning rate dropped to 1x.

However, Amex has just improved the Membership Rewards earning potential. The Amex Business Platinum card now offers 2x points (instead of 1.5x points) on those eligible business purchases, up to $2 million combined per calendar year:

• U.S. construction material and hardware suppliers
• Electronic goods retailers and software and cloud system providers
• Shipping providers
• Eligible purchase of $5,000 or more

The ability to earn 2x points across diverse business purchases is a game-changer. This improved earning rate easily makes the Amex Business Platinum card the best for high-spending businesses, given that, unlike typical credit cards, it has no preset spending limit.**

**No Preset Spending Limit means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.

Leaders Club Sterling Status From The Leading Hotels of the World^®

If you love luxury travel, you’ll be excited by the new elite status level available with the Amex Business Platinum card. Upon enrollment, you can receive Leaders Club Sterling status from The Leading Hotels of the World (LHW) — a global collection of independently owned luxury properties worldwide.

This is the only elite status level in this hotel loyalty program, and perks include 5 pre-arrival upgrade requests and 5% bonus points. The ability to get extra perks at renowned properties like The Greenwich Hotel in New York, Grace Bay Club in Turks & Caicos, and more is definitely a welcome addition to the Amex Business Platinum card.

Spend $250K+ per Year, Get Extra Benefits

The Amex Business Platinum card now comes with added incentives for business owners who spend over $250,000 on the card each calendar year. Upon reaching that threshold, you’ll be eligible to receive:

• $1,200 in AmexTravel.com online flight statement credit
• $2,400 in American Express One Accounts Payable (AP) statement credit

You’ll get these statement credits in the following calendar year after you reach the threshold. For example, if you reached $250,000 of annual spend in 2025, these 2 statement credits will be available to you between January 1 and December 31, 2026.

Amex Business Platinum Card Overview

Eligible new applicants can apply for the Amex Business Platinum card with a better-than-ever welcome bonus: Earn 200,000 Membership Rewards points after you spend $20,000 in eligible purchases within the first 3 months of account opening.

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.

200,000 points

UP's Offer Valuation*:

Up to $4,400

Annual Fee

$895

APR

18.24% - 28.99% 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

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 can 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: 18.24% - 28.99% Variable
• Foreign Transaction Fees: None

Rewards Center

American Express Membership Rewards

These new and enhanced benefits on the Amex Business Platinum card are joining the long list of perks and credits available (some may require enrollment before using them):

• Up to $200 in annual Hilton credits: Register for Hilton for Business and get up to $200 back per calendar year when you make eligible purchases at Hilton properties.
• Up to $200 in annual airline fee credits: Select 1 qualifying airline to receive up to $200 back per year on baggage fees and other incidentals.
• Up to $250 in Adobe credits: Receive a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year.
• Up to $1,150 in Dell credits: Receive up to $150 in statement credits on U.S purchases directly with Dell Technologies and an additional $1,000 statement credit after you spend $5,000 or more on that same card per year.
• $209 CLEAR Plus credit: Pay for your annual Clear Plus membership and get $209 back per year.
• Global Entry or TSA PreCheck application fee credit
• Access to the Amex Global Lounge Collection, including Centurion Lounges, Priority Pass lounges, 10 annual visits to Delta Sky Clubs, and many more
• Hotel status benefits, including Hilton Gold and Marriott Gold Elite, and car rental status benefits with Avis, Hertz, and National
• 35% Pay With Points Rebate: You can redeem your Membership Rewards points on AmexTravel.com for your designated qualifying airline (valid in any cabin) and receive a 35% Pay With Points rebate — up to 1 million points back annually.

While the annual fee has increased to $895 (rates & fees), most business owners should have no problem finding tremendous value from the Amex Business Platinum card — even if it’s just from a handful of the benefits, and of course, the access to the Membership Rewards points program.

Final Thoughts

American Express tends to refresh its most premium cards roughly every 5 years, and the 2025 update to the Amex Business Platinum card is impressive. The card now delivers enhanced travel benefits alongside robust business-focused perks, all while offering strong rewards-earning potential and access to more airport lounges than any card it competes with.