American Express · Business card
The Business Platinum Card from American Express
The Business Platinum Card from American Express has an $895 annual fee and up to $2,179 a year in statement credits, across nine credits, plus two that need spending first. Nine of the 11 Amex Business Platinum credits need a one-time enrollment before any spending counts, and American Express will not apply them retroactively.
- Annual fee
- $895
- Charged on your account anniversary
- Credits a year
- Up to $2,179
- 9 statement credits, used in full
- Need enrollment
- 9 of 11
- Credits. Enroll before you spend
Every credit, and when it resets
Amounts are per period. The last column is what each credit adds up to in a year if you use it every time. American Express won't backdate enrollment, so enroll before you spend.
| Credit | Amount | Resets | A year |
|---|---|---|---|
| Semiannual hotel credit$300 every six months. Twice a year, in January and July | $300 every six months | Twice a year, in January and July | $600 |
| Indeed creditEnroll first$90 a quarter. Every quarter (January, April, July, October) | $90 a quarter | Every quarter (January, April, July, October) | $360 |
| ChatGPT Business creditEnroll first$300 a year. On January 1 | $300 a year | On January 1 | $300 |
| CLEAR+ creditEnroll first$219 a year. On January 1 | $219 a year | On January 1 | $219 |
| Airline fee creditEnroll firstSelect your airline first.$200 a year. On January 1 | $200 a year | On January 1 | $200 |
| Hilton creditEnroll first$50 a quarter. Every quarter (January, April, July, October) | $50 a quarter | Every quarter (January, April, July, October) | $200 |
| Dell creditEnroll first$150 a year. On January 1 | $150 a year | On January 1 | $150 |
| Wireless creditEnroll first$10 a month. On the 1st of each month | $10 a month | On the 1st of each month | $120 |
| Global Entry or TSA PreCheck credit$120 each time. Available again every 4 years | $120 each time | Available again every 4 years | $30 |
| Adobe creditEnroll first$250 a year. On January 1 | $250 a year | On January 1 | Not countedOnly after $600 of spending, so not in the total |
| Dell spend bonus creditEnroll first$1,000 a year. On January 1 | $1,000 a year | On January 1 | Not countedOnly after $5,000 of spending, so not in the total |
| Total a year, if you use every credit | $2,179 |
What people get wrong
- Enrollment comes first. Nine benefits need a one-time enrollment. Spend before you enroll and nothing posts, because American Express will not apply a credit retroactively.
- Some credits need spending first. Those are listed above but left out of the total, because you don't get them by default.
- Nothing rolls over. Whatever is unused when a period ends is gone, so a monthly credit missed in March can't be used in April.
Questions about the Amex Business Platinum
What is the annual fee on the Business Platinum Card from American Express?
$895 a year, charged each year on your account anniversary.
How much are the Amex Business Platinum credits worth?
Up to $2,179 a year if you use all nine statement credits in full. The largest: Semiannual hotel credit ($600), Indeed credit ($360) and ChatGPT Business credit ($300).
Which Amex Business Platinum benefits need enrollment?
Nine of the 11: Indeed credit, ChatGPT Business credit, CLEAR+ credit, Airline fee credit, Hilton credit, Dell credit, Wireless credit, Adobe credit and Dell spend bonus credit. Enroll before you spend, because American Express will not apply a credit retroactively.
When do the Amex Business Platinum credits reset?
Monthly credits reset on the 1st of each month; quarterly credits on January 1, April 1, July 1 and October 1; twice-yearly credits on January 1 and July 1; and yearly credits on January 1. Unused credit does not roll over.
Is the Amex Business Platinum worth the $895 fee?
On credits alone, only if you use at least 42% of them. They add up to $2,179 a year against the $895 fee, but each is tied to a merchant and a period, so what counts is the ones you would use anyway.
What points does the Amex Business Platinum earn?
American Express Membership Rewards points, worth about 1.75 cents each in a typical redemption.
