It’s okay. You can admit that you were sucked in by that 0% introductory interest rate. It happens to the best of us. But what happens when the introductory rate expires, and you’re stuck with rate that skyrockets to 15, 20, or 25%— or (gulp) even higher? Credit card interest rates drain you of your hard earned money. A $20...
|Signing Promotion||Get 25,000 Membership Rewards® points after you spend $5,000 in the first 3 months of Card membership. 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.|
|Reward Rate||1x points for every dollar you spend on purchases|
No foreign transaction fees
20% Travel Bonus when you use Membership Rewards® Pay with Points
24/7 Concierge for dedicated personal consultants who will assist you with both business and personal requests.
More than 40 benefits for an annual fee of $450
Stay productive on the go with Airport Club Access and Priority PassTM Select, receive up to $200 Airline Fee Credit annually, and save time and money with premium car rentals.
See card issuer's website for details about terms and conditions of offer.
Excellent Credit Needed
- Best travel benefits out of any business credit card
- No international transaction fees
- 40 different elite perks, including exclusive or priority access to shows and events
- $450 annual fee
- $300 annual fee for each additional card
The Simple Dollar’s Review
More so than any other American Express business credit card, the Business Platinum Card® from American Express OPEN is for large and elite businesses. It has a huge $450 annual fee – some business cards have no yearly fee at all – but for businesses large enough to take advantage of all the stellar rewards and perks, you’ll hardly notice the fee.
Firstly, you and your employees should travel a lot for business, especially internationally: the card has no international transaction fees and some of the best travel perks in the biz. You’ll be traveling in style with free access to hundreds of exclusive airport lounges, preferential treatment at hotels, and express passage through U.S. customs. You’ll also save 20% when you book travel using points and up to $200 coverage for airline surcharges, like baggage and in-flight food fees. And these are just a few examples from a long list of over 40 excellent perks.
This kind of luxury does not come cheap, however: in addition to the annual fee mentioned above, there’s a $300 dollar yearly charge for each additional card. So the platinum is best reserved for your top associates.
Earning points is pretty straightforward: you get one point per dollar spent on each of your cards. There is no max or expiration. Not to mention you get a bonus 25,000 points when you spend $5,000 in your first three month of card membership. Including the points you accrue from the $5,000 in spending, that 30,000 is already enough to cash in for flights, hotels, rental cars, or merchandise. If this sounds like it fits your business needs, then you can’t do better than the Business Platinum Card® from American Express OPEN.
There’s just no better feeling than slipping into that airline seat, heading out on a wonderful vacation and knowing all the while that you’re flying free. As expensive as airfare has become, the smart use of credit card air miles can be one of the best ways to boost your vacation budget. Credit card rewards points can be redeemed for...