5 Reasons Why American Express Business Platinum Card is Worth the Annual Fee

5 Reasons Why American Express Business Platinum Card is Worth the Annual Fee

If you are a frequent traveler, it is essential to have a credit card that offers rewards and benefits tailored to your needs. One such card is the American Express Business Platinum Card. Though it comes with a hefty annual fee of $595, the benefits it provides cater to the needs of frequent business travelers. In this post, we will discuss the top five reasons why the American Express Business Platinum Card is worth the annual fee.

1. Sign-Up Bonus

With the American Express Business Platinum Card, you get a sign-up bonus of 100,000 membership rewards points after spending $15,000 in the first three months of account opening. These points are worth $1,000, which can be redeemed for travel, gift cards, and merchandise. This generous sign-up bonus is a significant incentive for businesses to apply for this card.

2. Lounge Access

One of the most significant advantages of the American Express Business Platinum Card is its access to airport lounges worldwide. The cardholder and two guests can access over 1,200 airport lounges in over 130 countries through the Priority Pass membership. Besides Priority Pass, you also get access to the Centurion Lounge, Delta Sky Club, and Escape Lounges. These lounges offer complimentary food and drinks, comfortable seating, and a relaxing atmosphere, making travel much more comfortable.

3. Travel Credits

The American Express Business Platinum Card comes with several travel credits that help offset the annual fee. You get a $200 airline fee credit every calendar year, which can be used for baggage fees, seat upgrades, and other qualifying purchases. Additionally, you can receive up to $100 credit for Global Entry or TSA PreCheck application fees once every four years. These credits can make a significant dent in your travel expenses.

4. Hotel Benefits

The American Express Business Platinum Card offers several hotel benefits to cardholders, such as access to the Fine Hotels & Resorts Program. This program offers over 1,000 partner hotels worldwide and provides benefits such as room upgrades, daily breakfast, and guaranteed 4 pm late checkout. Additionally, you get automatic Gold elite status with Marriott Bonvoy and Hilton Honors, which offers free breakfast, room upgrades, and other amenities.

5. Purchase Protections

Finally, the American Express Business Platinum Card offers several purchase protections to cardholders. These include extended warranty, return protection, and purchase protection. The extended warranty extends the manufacturer’s warranty by up to one year, while return protection offers a refund for items that the retailer refuses to take back. Purchase protection insures against theft or accidental damage for up to 90 days after purchase.

Conclusion

While the American Express Business Platinum Card comes with an annual fee of $595, the benefits it provides for frequent business travelers far outweigh the cost. The sign-up bonus, lounge access, travel credits, hotel benefits, and purchase protections all make it a must-have for businesses that travel often. If you are a frequent traveler and can take full advantage of these benefits, the American Express Business Platinum Card is worth the annual fee.