Yesterday, I wrote about the 125,000 points offer on the personal version of the Platinum card by American Express. With this offer, you’ll earn a welcome bonus of 125,000 Membership Rewards points after you spend $8,000 in the first 6 months of card membership. After logging into my Amex account, I found a similar offer on the Business Platinum card as well. With this offer, you’ll earn 150,000 Membership Rewards points after you meet the minimum spend.
Business Platinum Card Offer
With this offer on the Business Platinum card, you’ll earn a welcome bonus of 150,000 Membership Rewards points after you spend $15,000 in the first 3 months of card membership.
You can refer to this post for a review of this card and how you can maximize the bonus and credits in the first year of card membership.
Please note that Amex’s welcome bonus restrictions do apply to this offer.
You may not be eligible to receive a welcome offer if you have or have had this Card or previous versions of this Card. You also may not be eligible to receive a welcome offer based on various factors, such as your history with credit card balance transfers, your history as an American Express Card Member, the number of credit cards that you have opened and closed and other factors. If you are not eligible for a welcome offer, we will notify you prior to processing your application so you have the option to withdraw your application.
Even if you’re not sure about keeping the card long term, the 150,000 Membership Rewards points bonus can go a long way in helping you book your next flight or hotel stay. In my opinion, I still feel that Amex has the most variety when it comes to airline transfer partners.
I’ve derived a great deal of value by booking flights on Star Alliance partners by transferring my points to Avianca LifeMiles and Air Canada Aeroplan. Moreover, Amex runs transfer bonuses every now and then. You can maximize these transfer bonuses by transferring points to Hilton Honors (often at a 1:2.6 ratio instead of the standard 1:2) and get the fifth night free while booking with points.
Even if you choose to cancel the the card after the first year, you can double dip on many of the credits in the first card membership year. That way, you’ll still extract a significant amount of value from the card in the form of these credits, more than enough to pay for the steep $695 annual fee.
The Pundit’s Mantra
In my experience, I’ve found the 35% airline bonus to be the most valuable feature of this card. I can simply book any first class or business class flight using Pay with Points and then get 35% of the points reimbursed. Moreover, these flights are treated as cash tickets so you can also earn airline miles and elite credits on these flights.
Which is your favorite feature of the Business Platinum card? Tell us in the comments section.