American Express just can't help itself in offering eye-popping welcome offers to lure in new customers. Now, travelers who are eligible for a small business credit card (and trust us, that might include you) can get a mammoth bonus.
Amex just rolled out a new targeted offer on The Business Platinum Card® from American Express: This new offer will net you 250,000 Membership Rewards points after you spend $15,000 on your card in the first three months. That's more than double the standard 120,000-point offer that normally comes with this card.
It's truly a massive bonus … but this offer is targeted, so you won't find it available through travel sites like ours or even by searching for the Business Platinum Card. You'll have to go directly to Amex's offer page and see if you're eligible.
But this isn't the only increased offer we've seen: Other small businesses have received offers such as this one for 190,000 points with the same spending requirement. While 250,000 points is the one you want, if you don't find yourself targeted for that, you might be able to get lucky and pull a 190,000-point offer instead – which is not a bad consolation prize.
Earning 250,000 points is great, but spending $15,000 or more in three months is no small matter. Credit cards are serious business. You should never apply for a credit card if you’re already in debt, and never charge more to a credit card than you can afford to pay off immediately.
But if you have a small business and can manage this kind of spending responsibly, this is a fantastic way to earn a ton of points with one of our favorite small business cards. Much like *amex platinum*Â available to everyday travelers, the Business Platinum Card packs a huge punch with great travel benefits.
That includes Amex Centurion Lounge access and a free pass into Delta Sky Clubs (Sky Club access is changing Feb. 1, 2025); an annual $200 airline incidental credit; a credit for TSA PreCheck or Global Entry; and more.
But the Business Platinum Card takes things a step further with added credits like up to $400 in annual credits at Dell.com and one of our favorite perks of all: A 35% rebate when using points through Amex Travel to book any first or business class flight, or all flights with your chosen airline.
Keep reading for more details on this new, targeted offer.
Not sure if you're eligible for business credit cards? You might be surprised to find out just what the banks consider a small business.Â
Benefits of the Business Platinum Card From American Express
- Welcome Offer: Earn 250,000 Membership Rewards points after spending $15,000 within the first three months of card membership.
- Earn 5x Membership Rewards points on flights and hotels booked through amextravel.com.
- Earn 1.5x Membership Rewards points on all eligible purchases of $5,000 or more. Business Platinum Cardholders will also earn 1.5x Membership Rewards Points per dollar spent on up to $2 million spent each calendar year on electronic goods retailers, software and cloud service providers, U.S. construction materials, hardware supplies, and shipping providers.
- Earn 1x Membership Rewards points on all other qualifying purchases
- $200 Airline Fee Credit: Get up to $200 per calendar year for airline incidental fees at one airline. Read up on the best ways to take advantage of this credit.
- Lounge Access: Get access to Amex Centurion Lounges, Delta Sky Clubs (when flying Delta), Escape Lounges, and membership in the Priority Pass Select program. This card is widely considered the best credit card for airport lounge access. You will receive all of the same access offered by the personal Platinum Card from American Express.
- $100 Application Fee Credit for Global Entry or TSA PreCheck: You are eligible to receive a statement credit every 4 1/2 years for the application fee for TSA PreCheck and every 4 years for Global Entry. Membership in both programs is good for five years.
- 35% Points Rebate: Receive a 35% rebate on points redemptions on your selected airline or all premium cabin redemptions, for up to 1 million bonus points back per calendar year. Read more about this lucrative perk!
- $400 in Annual Statement Credits at Dell: Get up to $400 in statement credits annually ($200 every six months) for U.S. purchases with Dell.
- $360 in Annual Statement Credits at Indeed: Cardholders will get up to $90 each quarter on all Indeed hiring and recruiting products. Enrollment is required.
- $150 in Annual Statement Credits on Adobe Products: Get $150 each year to spend on select Adobe purchases, including Adobe Creative Cloud, and Acrobat Pro DC with e-sign. The benefit is valid only on purchases of annual prepaid subscriptions.
- $120 in Annual Wireless Phone Service Credits:Â Business Platinum Cardholders now get up to $120 in statement credits each year for purchases made directly with any U.S. wireless telephone provider. The credits will be issued $10 per month ($120 per year). Any unused amount will be forfeited.
- $189 in Annual Statement Credits for CLEAR Plus: Get up to a $189 annual credit for CLEAR Plus, the privately run security program. Just pay for your membership with your Business Platinum Card and the credit should kick in automatically.
- Hotel Elite Status: Get Marriott Bonvoy and Hilton Honors Gold status just for being a card member. Enrollment is required.
- Annual Fee:$695 (see rates & fees).
All information about The Business Platinum Card® from American Express has been collected independently by Thrifty Traveler and has not been verified by the issuer.Â
Learn more about The Business Platinum Card from American Express(for full disclosure, this is not an affiliate link).
Earlier this year, Amex added an end date of Dec. 31, 2024, for the $400 Dell credit ($200 semi-annually), $360 Indeed credit ($90 per quarter), and $150 Adobe Credit that come with the card. An Amex spokesperson clarified that the expiration date signifies the potential end for these credits, but did not elaborate on whether they'll replace the credits with other benefits.
One would think that for a card that comes with a nearly $700 annual fee, something new would have to be added to the card if those credits do expire. That uncertainty actually makes now a really good time to pick the card up as anytime there are benefit changes like these, it typically presents an opportunity for cardholders to double-dip by using the old credits and the new ones … all while paying the same annual fee. Time will tell if that's the case here but it could make this card and it's big bonus offer even more appealing.
Who is This Offer Right For?
This is a fantastic offer that deserves the attention of any small business owner. A $15,000 spending requirement in three months might feel steep, but earning 250,000 points or more is tough to beat. With tax season upon us, it's not unreasonable for many small business owners to have that kind of expenses over the next three months without even needing to get creative.
Just to emphasize how good this offer is, the only other card we've seen in this territory is the current limited-time offer on the *venture x business*. That offer is a tiered-bonus that allows new cardmembers to earn up to 300,000 Capital One Miles … but it requires even more spending.
Here's how it works:
- Earn 150,000 Venture Miles once you spend $20,000 in the first three months from account opening.
- Earn an additional 150,000 Venture Miles (for a total of 300,000 miles) once you spend $100,000 in the first six months from account opening.
As tempting as this offer might be, if your business doesn't typically spend an average of $5,000 per month or more, you might be better off looking at some other fantastic business card offers with a more tolerable spending requirement.
Related reading: The 5 Best Business Card Offers Right Now
Bottom Line
Amex is out with new, targeted offers on the Business Platinum Card, allowing business owners to earn up to 250,000 Membership Rewards points after spending $15,000 in the first three months.
If you're a small business owner who can responsibly meet that kind of spending requirement, you'll be hard pressed to find a better offer than this.
Had this card several years ago- cancelled when they took the restaurant credit away. Applied, card was approved overnight. Made payments meeting the spend requirement in first month. Still waiting for sign up bonus. Hope this really works..