Is Investing $895 in the Amex Business Platinum Card Worth It?

Introducing the Amex Business Platinum Card

The Amex Business Platinum card is one of American Express's premium credit card offerings, boasting an annual fee of up to $895. Many individuals wonder if this cost is truly justified. In this post, I’ll share the value I’ve gained during my time with this card, helping you decide if it’s a worthwhile investment for you.

Value from the Amex Business Platinum Card

I have been using the Amex Business Platinum card for nearly a year now. So far, I’ve paid $895 for the annual fee. In the latter half of 2025, I utilized $550 from various credits, and in the first half of 2026, I used an additional $594. This totals to $1,144 in value received, meaning I've actually profited $249.

During the first year of using the card, many find that taking advantage of the credits is very effective, especially for hotel stays and flight tickets. Specifically, I’ve gained significant value from the credits for hotels, airline fees, and offers from Hilton, making the $895 annual fee quite worthwhile.

Attractive Welcome Offer

The Amex Business Platinum card currently features a very enticing welcome offer that can provide value worth thousands of dollars. This is the easiest part of your decision—if you qualify and can meet the spending requirements through your business, the first year is almost worry-free.

Personally, I found that getting approved for the Amex Business card was fairly straightforward, and there are numerous advantages to applying for this type of card, even if you’re new to the business credit card market.

Points Accumulation Structure

When it comes to earning points, the Amex Business Platinum card has a quite appealing structure, though it does come with certain limitations. Specifically, you can earn:

• 5x Membership Rewards points on hotels and flights booked through American Express Travel.
• 2x points on purchases at construction material suppliers, electronic retailers, and software services.
• 1x point on all other purchases.

However, I have noticed that some other cards, like The Blue Business® Plus Credit Card from American Express or the Capital One Venture X Business card, might be more attractive for everyday spending.

Credits and Benefits

The Amex Business Platinum card offers a wide range of credits and benefits, with a total value exceeding $2,000 each year. Here are some of the credits I’ve taken advantage of:

1. $600 Hotel Credit (Easy)

The $600 hotel credit is one of the most valuable benefits I’ve found. This card provides $300 in credits every six months; you just need to book hotels through Amex Fine Hotels + Resorts or The Hotel Collection.

2. $200 Airline Fee Credit (Easy but Limited)

You can receive up to $200 in airline fee credits; you simply need to enroll and select an eligible airline. Refundable fees include baggage fees and other charges.

3. $200 Hilton Credit (Easy if You Like Staying at Hilton Hotels)

With an annual $200 credit at Hilton, you will receive $50 each quarter for stays at eligible Hilton hotels. If you frequently stay at Hilton, this is a benefit you won’t want to miss.

Useful Information for Vietnamese Travelers

For Vietnamese citizens, using the Amex Business Platinum card requires careful consideration. It’s important to note that this card is not as widely recognized in Vietnam as other brands, and payment acceptance may not be guaranteed everywhere. However, if you travel internationally often and spend significantly, this could be a good option.

When making purchases or payments abroad, exchange rates and conversion fees also need to be taken into account. Be sure to review the card's specific policies and terms before deciding to apply.

Additionally, applying for a business credit card depends on your ability to demonstrate financial stability and business activity. If you are just starting out, it may take time to qualify for this level of credit.

Conclusion

Choosing the Amex Business Platinum card can provide substantial value for those who travel frequently and spend significantly. With numerous enticing offers and credits, if you know how to leverage them, it can truly be a worthwhile investment. However, you also need to consider your actual needs and spending capabilities.

This article is adapted and edited from: One Mile at a Time