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When you apply for The Business Platinum by American Express OPEN, you have the opportunity to earn 75,000 bonus Membership Rewards points. You can also get 50% more points on purchases of 5k or more. If you’ve been putting off those large business purchases, now is your opportunity to cash in.
Link to apply: Business Platinum® Card from American Express
Earn 75,000 Bonus Points in Three Months
Business credit card welcome bonuses usually have higher spending requirements than personal rewards cards. You’ll need to be ready to spend $20,000 in the first three months to earn the full Business Platinum bonus amount.
This bonus offer is divided into two spending tiers:
- Spend $10,000 to receive your first 50,000 Membership Rewards points
- Spend an additional $10,000 to receive the final 25,000 point bonus
Both of these spending requirements must be reached in the first three months of card ownership. If you’re able to do it, your 75,000 bonus points are worth $750 in award travel. When you redeem them for air travel, you get a 35% redemption bonus.
Because American Express bonus offers are only awarded once in a lifetime, you might consider another business credit card with a smaller spending requirement if you can’t spend $25,000 in the three months.
Spend $5,000, Get a 50% Bonus
If the 75,000 bonus points aren’t enough, another exclusive perk of the American Express Business Platinum is the opportunity to earn a 50% bonus on any purchase larger than $5,000. If you make a $5,000 purchase, you’ll earn 7,500 points instead of the normal 5,000 bonus points with another rewards card because you earn 1.5x points instead.
When you make these large purchases during the first three months, you not only get the 75,000-point welcome bonus but you can also enjoy the 50% large purchase bonus too.
This 50% bonus is a permanent card perk, so you can continue to earn bonus points once the welcome bonus period ends. You can earn up to one million bonus points each year.
Earn 5x Points on Flights and Hotels
You can also earn 5x points on all flights and hotels you purchase through AmexTravel.com. The 5x bonus is one of the best reward rates for travel purchases.
When you couple the 5x bonus with the 1.5x large purchase bonus, the Business Platinum® Card from American Express is ideal for the following purchases:
- Large business purchases exceeding $5,000
You might apply for the card for the 75,000 bonus points, but don’t forget you can continue to earn more than other business rewards cards for these three purchases categories.
Redeeming Your 75,000 Business Platinum Bonus Points
Although you can redeem your rewards points for non-travel rewards, your points are most valuable when redeemed for award travel, specifically air travel.
Get a 35% Redemption Bonus on Flights
Your points are most valuable when you redeem them for award flights on AmexTravel.com. Each point is worth one cent each during the booking process. American Express will credit 35% of your points back that you redeem for award flights for a First or Business class seat.
Transfer Your Points on a 1:1 Basis
Another potentially more valuable option is to transfer your points on a 1:1 basis to a Membership Rewards travel partner. American Express has a diverse list of 1:1 travel partners that make it easy to book award flights to any part of the globe. Some of the 1:1 partners you might prefer include:
- British Airways
- Singapore Airlines
By transferring your points directly to the airline, your points can potentially be worth more than 1.35 cents each. This is your “breakeven” mark if you book award flights through AmexTravel.com and get the 35% redemption bonus.
You might also decide to transfer your points if you decide to fly economy class too as you won’t qualify for the 35% bonus on these award flights.
Additional Travel Benefits
The Business Platinum is one of the very few premium business rewards credit cards. Although it has a generous rewards program for business purchases, these other benefits make your business travel more enjoyable.
Complimentary Airport Lounge Benefits
American Express offers the most extensive airport lounge benefits for premium travel cards. You will enjoy complimentary access to these airport lounge networks:
- The Centurion Club
- International American Express
- Delta SkyClub
- Priority Pass Select
- Airspace Lounge
- Escape Lounges
Arrive early or pass a long layover, you now have a private space to relax or work.
$200 Airline Fee Credit
You can also save $200 in incidental flight expenses. Fees like checked bag fees and in-flight purchases can be covered with the annual $200 airline fee credit. You can utilize this perk more thanks to the 75,000 Business Platinum bonus.
Global Entry and TSA Precheck Application Fee Credit
Amex also reimburses your application fee for Global Entry or TSA Precheck. Once every four years, charge the application fee to your Business Platinum Card and American Express picks up the tab.
Accelerated Hotel Membership Status
You also get automatic Gold status with the Hilton Honors and Starwood Preferred Guest (changing to Marriott Rewards on August 1, 2018). Each loyalty program has their own unique benefits for these tiers, but you can expect some of the following perks:
- Space-available room upgrades
- Late checkout
- Complimentary in-room water
- In-room internet access
Boingo Internet WiFi
Now you never have to travel without paying for internet wifi again. With Boingo, you get free access to over 1,000,000 international hotspots. Free wifi is becoming more common, but not every airport or restaurant has begun offering this service for free yet.
With their Wifi finder app, you can quickly connect to a local hotspot to catch up on emails and let others know that you’ve arrived safely.
Premium Roadside Assistance
If your vehicle breaks down and you need a tow, battery boost, or spare tire replacement, American Express offers free roadside assistance to Business Platinum cardholders. You can use this benefit up to four times a year.
Summary of the Business Platinum Bonus
Being able to say you earned a 75,000 welcome bonus is an impressive feat. By applying for the Business Platinum® Card from American Express and spending $20,000 in the first three months, you will earn 75,000 bonus points for your loyalty. Don’t forget this bonus is in addition to the regular 35% flight redemption bonus and the 50% bonus on large purchases.
Link to Apply: Business Platinum® Card from American Express
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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.