Why It Makes Sense To Apply for the Amex Business Platinum Before Summer

The Business Platinum Card^® from American Express has introduced a limited-time elevated welcome offer, allowing new cardholders to unlock greater value after meeting spending thresholds.

You can earn 150,000 Membership Rewards points after spending $20,000 on eligible purchases within the first 3 months of opening your account. Plus, there’s an additional opportunity to receive a $500 statement credit when spending $2,500 on qualifying flights booked directly with airlines or through AmexTravel.com during that same 3-month period.

This enhanced welcome offer is available through June 30, 2025, giving you time to determine whether this premium business card aligns with your needs.

That said, applying before summer begins could unlock even more value. With this strategy, new cardholders may be able to double-dip a statement credit, potentially earning up to $350 in value from a perk that usually maxes out at $200, covering roughly half of the card’s $695 annual fee (rates & fees).

We’ll explain how this works below.

Earn 150K Bonus Points and a Flight Credit [Worth $3,800]

Eligible applicants who apply by June 30 can take advantage of this welcome offer on the Amex Business Platinum card:

• Earn 150,000 points after spending $20,000 on purchases in the first 3 months. Plus, earn a $500 statement credit after spending $2,500 on qualifying flights booked directly with airlines or through AmexTravel.com in the first 3 months.

While it’s possible to earn just one or both components of the welcome bonus offer, most cardholders will want to have a clear strategy for meeting the spending requirements to maximize the total value during the introductory period.

LIMITED TIME TRAVEL 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 Membership Rewards^® points after you spend $20,000 on eligible purchases on your Business Platinum Card^® within the first 3 months of Card Membership. Plus, earn a $500 statement credit after you spend $2,500 on qualifying flights booked directly with airlines or through American Express Travel with your Business Platinum Card^® within the first 3 months of Card Membership. You can earn one or both of these offers. Offer ends 6/30/25.

150,000 points + $500 statement credit

UP's Offer Valuation*:

Up to $3,800

Annual Fee

$695

APR

18.49% - 27.49% 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 1,400 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, prepaid hotels, and short-term rentals and prepaid flight and hotel packages booked through Amex Travel
• Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection (as of 10/2024).
• 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 (on up to $2 million per calendar year)

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

• Limited Time Travel Offer: Earn 150,000 Membership Rewards^® points after you spend $20,000 on eligible purchases on your Business Platinum Card^® within the first 3 months of Card Membership. Plus, earn a $500 statement credit after you spend $2,500 on qualifying flights booked directly with airlines or through American Express Travel with your Business Platinum Card^® within the first 3 months of Card Membership. You can earn one or both of these offers. Offer ends 6/30/25.
• 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 10/2024.
• 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.
• 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.
• NEW! 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.
• Earn 5X Membership Rewards^® points for flights, prepaid hotels, and short-term rentals and prepaid flight + hotel packages booked at AmexTravel.com. 1X points on other 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.
• $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^®.
• $695 Annual Fee.
• Terms Apply.

Financial Snapshot

• APR: 18.49% - 27.49% Variable
• Foreign Transaction Fees: None

Rewards Center

American Express Membership Rewards

This card is geared toward high-volume business owners, given the hefty spending requirement to earn 150,000 bonus points. That said, the statement credit has never been offered before and is an excellent way to save roughly 20% on upcoming flights. Best of all, you can make purchases in multiple transactions until you reach this limit.

According to our points and miles valuations, American Express Membership Rewards points hold significant value, worth 2.2 cents each when redeemed for travel through the program’s transfer partners.

When you combine that valuation with the limited-time welcome offer, including the $500 flight statement credit, the total potential value adds up to an impressive $3,800.

Double-Dip on Dell Credits [Worth Up to $350]

The welcome bonus offer is just one piece of the puzzle when applying for rewards cards. Many offer statement credits and benefits that help to offset the value of the ongoing $695 annual fee, and that’s certainly the case for the Amex Business Platinum card.

The Dell credit is a prime example. Upon enrollment, you can receive up to $400 in annual statement credits for U.S. purchases made with Dell — up to $200 from January through June, and another $200 from July through December.

However, American Express recently announced upcoming changes to its Dell credits. Beginning July 1, 2025, cardholders will be eligible for up to $150 in annual statement credits on Dell purchases. Additionally, those who spend $5,000 or more on Dell purchases between July 1 and December 31 — and in each calendar year thereafter — can earn an extra $1,000 statement credit.

What To Buy at Dell With Amex Business Platinum Card’s Credit

During this unique window — now through June 30 — you can still take advantage of up to $200 in Dell credits under the current structure upon receiving your Amex Business Platinum card. Then, beginning July 1, you’ll have access to an additional Dell credit worth up to $150, with no minimum spend required.

This double-dip opportunity means you’d get up to $350 in value from the Dell credit during your first year of card membership.

For example, you could buy a Ring alarm security kit for $199.99 with the Dell credit of up to $200 (valid from now through June 30), then a Dell Pro 22 adjustable stand monitor for $149.999 with the Dell credit of up to $150 (valid after July 1).

Or you could even purchase a Epson wireless printer for $199.99 with the up-to-$200 Dell credit (valid from now through June 30), then the Mario Kart 8 Deluxe game for Nintendo Switch for $59.99, a Xbox One digital code for Microsoft Flight Simulator 40th Anniversary for $59.99, and a Dell 14-16 EcoLoop backpack with for $29.99, all with the Dell credit of up to $150 (valid after July 1).

How you want to maximize these credits is entirely up to you — but there’s only a short window in which you can get up to $350 in value from this one benefit alone!

First-Year Value With the Amex Business Platinum Card

The Amex Business Platinum card provides tremendous value for high-spending business owners. Here’s a quick overview of the other benefits you can unlock with this card (some require prior enrollment):

The first year of card membership can provide the most value, largely because of the welcome bonus offer.

However, the Amex Business Platinum card offers many reasons why business owners would want to keep this card for the long haul, whether it’s access to the most airport lounges (of any card!) or various statement credits tailored to your business.

Final Thoughts

New applicants of the Amex Business Platinum card can score more than $4,000 in value from the welcome bonus offer and one of its credits — and that’s before factoring in all of the other reasons to get this card. However, you’ll want to apply before June 30 and meet those minimum spending requirements to earn the bonus points in time.