Amex Platinum vs Amex Business Platinum: We compared the two premium credit cards, and the choice is obvious


Platinum Card from American Express
has a high annual fee, but
you can get enough value for it to be worthwhile. Over the past two
years, Amex has added new benefits and perks to both the personal
and business versions of the card, and made a few tweaks as the
credit card rewards space has become more competitive.

While the personal and business versions used to have virtually
identical benefits and terms (with a few exceptions), they’re no
longer nearly identical — while they do have many overlapping
benefits, there are some key differences.

Here are the benefits that the cards offer — and the
differences between them:

Amex Platinum vs Amex Business Platinum

Welcome offer

Amex Platinum
personal Platinum Card
 offers new members 60,000 Membership
Rewards points when they spend $5,000 in the first three months of
card membership. Points can be redeemed for various products, to
book travel through Amex, or, representing one of the best options,
transferred to various airline frequent flyer partners. Travel
website The Points Guy values Amex Membership Rewards points at 2
cents each — using that valuation, the welcome bonus is worth

Keep in mind that that valuation is subjective and an “average”
of all of the different ways you can use points. Membership Rewards
points are worth a different amount depending on whether you use
them for shopping, purchase travel through Amex, or transfer

Amex Business Platinum
Amex Business Platinum
offers a bigger bonus of up to 100,000
points, broken into two segments: You’ll earn 50,000 points after
spending $10,000 in the first three months, and an additional
50,000 points if you spend an additional $15,000 in that same time

Obviously, that’s a lot of money to spend in three months.
Unless you own a a small-to-medium-sized business and realistically
expect to spend $25,000 in a single quarter, the
personal card
might be a better option for you.

Earning rates on purchases

Both cards offer a whopping 5 points per dollar spent on flights
booked through Amex Travel — the
personal version
also earns quintuple points on flights booked
directly through the airline — and 1 point per dollar on
everything else.

However, the
Business Platinum
offers a 50% bonus on purchases of $5,000 or
more, meaning you’ll earn 1.5x points per dollar, up to 1 million
extra points per year (after that, the rate drops back to 1x point
per dollar for the rest of the year).

Annual fee

Until recently, both versions of the
Platinum card
had the same $450 annual fee. However, the fee on
the personal card was raised to $550 in 2017, and more recently the

Business Platinum
‘s fee increased to $595.

Benefits: What’s different Uber credit on the personal Amex

personal Platinum Card
offers up to $200 a year in Uber
credits. The credit is broken down by month: You’ll get a monthly
$15 credit, with an extra $20 in December (for a total of $35 that
month). That’s up to $200 in credits each year in exchange for the
$100 annual fee increase — definitely a win for consumers. The

Business Platinum
doesn’t have an equivalent Uber credit.

Saks credit on the personal Amex Platinum

In mid-2018, Amex
added this statement credit
to the personal Platinum Card. Each
year, cardholders can get up to $100 back in the form of statement
credits for Saks Fifth Avenue purchases. This is divided into two
$50 credits: You’ll get up to $50 toward Saks purchases made with
the Platinum Card from January to June, and another $50 toward
those purchases from July through December. 

35% points rebate on the Business Platinum

This is an incredibly valuable perk that’s only available with
Business Platinum Card

One of the ways to redeem Membership Rewards points is by using
them to book flights, hotels, cruises, or more through Amex Travel.
When you do that, points are generally worth 1¢ each.

However, when you have the
Business Platinum card
and use points to book any flight on one
airline that you pre-select — or business or first class flights
on any airline — you’ll get 35% of your points back. Because
booking through Amex Travel is the easiest way to use points for
flights, this represents a great option to use fewer points to get

Dell credit on the Business Platinum 

While the Business Platinum card doesn’t offer any statement
credits for Saks or Uber, it does offer up to $200 in statement
credits annually for U.S. purchases with Dell. This is divided into
two semi-annual credits of up to $100.

WeWork access on the Business Platinum

If you enroll by December 31, 2019, you can get one year of
Platinum Global WeWork access. This lets you use WeWork coworking
facilities in more than 75 cities around the world. 

In-flight Wi-Fi on the Business Platinum

Business Platinum card
comes with 10 complimentary Gogo
in-flight Wi-Fi passes each year. You can use these to get online
during flights with many participating airlines.

Benefits shared by both cards Airline fee credit

Every calendar year, the Platinum
 and the
Business Platinum Card
offer a
$200 credit toward incidental fees on one airline
(that you can
choose at the beginning of each year). While it doesn’t cover
tickets, it applies to a wide variety of charges and fees, such as
checked bags, change fees if you need to change your flight,
in-flight food and drinks, fees for traveling with a pet, airport
lounge day passes (if you don’t already have complimentary access),
and sometimes even things like seat assignments and extra legroom
upgrade fees.

The best part of the airline credit is that because you get it
each calendar year, not cardmember year, you could get it twice in
your first year of having the card. Say you opened the card in
February — you can earn the full $200 credit before the calendar
year ends, then once the credit resets on January 1, get it again
before your next annual fee posts, meaning you can get up to $400
in value from this credit each year.

Airport lounge access

Both cards offer identical access to airport lounges.

Lounges are exclusive areas where you can enjoy seats, an
internet connection, food, drinks, and sometimes other amenities.
Although lounges were traditionally reserved for first class and
business class passengers, many are accessible to any traveler who
holds either a lounge membership or certain credit cards — and

the Platinum cards offer access to three different kinds of

The first type is Amex’s own proprietary Centurion lounges,
located at eight airports in the United States — and in Hong
Kong. These chic venues offer an oasis in the middle of the main
terminal’s chaos, featuring comfortable seating, complimentary
cocktails and food created by award-winning mixologists and chefs,
respectively, and other amenities. Access to these lounges is
limited to holders of the Amex Platinum or Amex Centurion

Read more:
I held off on opening the Business Platinum card until I discovered
Amex Centurion lounges. This benefit alone is worth the annual fee
to me.

If you’re flying with Delta and carry a Platinum Card, you can
also access any Delta Sky Club lounge. With more
than 30 locations
, Sky Clubs offer snacks, complimentary soft
and alcoholic drinks (with more “premium” drinks available for
purchase), fast Wi-Fi, and a place to unwind. Some locations also
feature showers.

Finally, the Platinum Card from American Express comes with
 membership. Priority Pass is a network of more than 1,000
airport lounges around the world. With the membership provided by
your Platinum card, you and two guests can access any location (as
long as there’s room) to enjoy free snacks, drinks, newspapers and
magazines, showers, and more, all separate from the hustle and
bustle of the main terminal. If you have an international version
of the card, instead of the US version, be sure to double check the
guest policy for your card’s Priority Pass benefit.

Global Entry/TSA PreCheck application fee credit

Both cards offer a credit that you can use to apply for Global
Entry/TSA PreCheck. The credit renews every four years, so it
covers you when it’s time to reapply.

Gold status with Hilton and Marriott

When you hold either card, you’ll receive Gold elite status with
Hilton hotels, as well as Marriott hotels, without having to meet
any stay requirements. Elite status comes with benefits including
more points earned on stays, early check-in and late check-out,
room upgrades, and more.

Both cards also offer access to Amex’s exclusive
Fine Hotels & Resorts program
. When you book a stay at a
participating hotel through Amex Travel, you’ll get benefits like
even earlier check-in, a priority room upgrade, free breakfast
during your entire stay, and a special amenity, such as a credit to
use at the hotel bar or spa.

Which card is best for you?

For most consumers, the
personal Platinum Card
offers a fantastic suite of premium
travel perks and benefits, all of which add up to more than enough
value to make up for the annual fee.

If you have a small business, there might be reasons to go for
Business Platinum Card
instead. Although you’ll give up the
Uber credits, you’ll get perks like the points rebate when booking
flights through Amex Travel, plus Boingo in-flight Wi-Fi, Dell
statement credits, and WeWork access. If your business regularly
makes purchases of $5,000 or more — and you can put them on the
card — or you think you can get value from the 35% points rebate,
then the business card might be a better option.

Also make sure to consider the welcome points. If you don’t
expect to spend enough to earn the bonus on the
Business Platinum
, you might be better off with the
personal version.

Finally, keep in mind that these are both charge cards — that
means that you pay your balance in full each month.

here to learn more about the personal Platinum Card from American
Express from our partner The Points Guy.

Click here to learn more about the Business Platinum Card
from American Express from our partner The Points Guy.

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Amex Platinum vs Amex Business Platinum: We compared the two premium credit cards, and the choice is obvious