The Business Platinum Card from American Express OPEN – Review

The Business Platinum Card from American Express OPENAmerican Express is running another welcome offer on The Business Platinum Card® from American Express OPEN. This small business card won’t be for everyone, but if you travel regularly and value convenience, this offer is a way to effectively get a year’s worth of airport lounge access for you and your family.

  • Welcome Offer: Get 40,000 Membership Rewards® points after you spend $5,000 in purchases on the Card within your first 3 months of Card Membership.†
  • 20% Travel Bonus when using Membership Rewards® Pay with Points
  • A Premium Card with access to over 40 benefits to help power your business
  • Complimentary access to 600+ participating airport lounges through Priority PassTM Select
  • Business Platinum Concierge is like your own assistant, ready to help you with just about anything personal or professional, 24 hours a day
  • Purchasing power that can adjust as your business evolves
  • Terms & Restrictions Apply*

So there you have it. The annual fee is $450, and you’ll have to decide if you can get $450 of value from the above benefits. Then, on top of all that, you’ll get unlimited airport lounge access for you and your family for an entire year. Finally, the $450 annual can be a deductible business expense which can offset the net cost. Is this better than an upfront point bonus? That’s up to you.

This card will credit your $100 application fee (after you’ve paid for it) for Global Entry, a U.S. government program that provides you expedited clearance when returning to the US after international travel. You basically go through a background check, and if you’ve traveled recently you may have noticed little kiosks where people whisk by after scanning their passports instead of standing in the long customs lines. Lasts for 5 years before you have to renew.

Note: “Welcome bonus offer not available to applicants who have had this product or any other Business Gold or Green Card account within the last 12 months.” So I’m currently out after my last AmEx application spree.

Comments

  1. This Card Caught my Eye. 50K points for spending 1k seems like a good deal

  2. Do all AMEX business platinum cards get you into the first class lounge? I have a business cash card that I’ve had for years and I’ll be doing some flying (in coach!).

  3. I just looked it up, the SimplyCash card does not have a check in the “Airport Club Access” box. Oh well.

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