Don't miss: Amex expands Pay Over Time auto-enrollment. Delta SkyMiles® Reserve American Express Card - best for sky club access. Bonus value*. For example, my Amex Gold card carries an 18. 5% unlimited Early Pay Discount; Extra Days to Pay option (make your minimum payment on time, then take up to 60 days to pay the rest with no interest; Terms apply; $250: Co-branded cards: Rewards rate: Annual fee: The Hilton Honors American Express Business CardIf your expenses are under 50k/year, you should be using the blue Business Plus. Fees Table . The Blue Cash Preferred® Card from American Express sits among the elite in cash-back credit cards and is perhaps the ideal card for families. The card earns a whopping 4x points per $1 in the 2 categories (from a list of 6) that your business spends the most money on each month. The Early Pay Discount allows you to earn unlimited 1. Card Refresh: Earn. Up to $240 in digital entertainment credits every year. 80,000 bonus points: The Platinum Card® from American Express. In 2023, American Express increased the fee for authorized users of The Platinum Card® from American Express to $195 per person (terms apply, see rates & fees ). With The Platinum Card, you get automatic Marriott Bonvoy Gold Elite Status and Hilton Honors Gold Status, premium car rental status for various car rental programs and airport lounge access. $155 Walmart+ Credit: Cover the cost of a $12. Our blog covers everything — from Coast guides to product updates to industry insights. THE POINTS GUY. S. Instead of cash back, you’ll receive an unlimited 1. Earn 80,000 points after spending $8,000 on purchases in the first 6 months. They also offer complimentary elite tier membership, hotel room upgrades, access to exclusive benefits, and much more. Make Purchases Online. 60,000 miles after spending $5,000 on purchases in the first six months of card membership. The Platinum Card® from American Express currently is offering a good welcome bonus: Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6. Update: The AMEX Consumer Platinum Card‘s Audible benefit will end on 10/1, however you can now use your entertainment credit for the Wall Street Journal’s digital and/or print edition! I love reading the journal, so that’s a great trade in my book. The Plum Card is pretty expensive, though, charging a $250 annual fee. Rates & Fees. Be aware that if there’s a balance remaining on the canceled account, you will still need to make at least the. Earn an annual $200 cash bonus every year you spend $200,000 or more. Besides the flexible net 60 terms, once in a blue moon there'll be a SUB on it. . Penalty Fees . 5% on balances paid before the due date. August 1, 2021 – 3%; August 1, 2022 – 3. Stay focused on getting where you need to go. *. Delta SkyMiles ® Reserve Business American Express Card. Last updated on February 6, 2020. Welcome Offer. Amex Business Gold Card vs. ” I applied for my wife as well. American Express Gold is a better card to use abroad than Amex Platinum,. In this case, you’ll earn 3x SkyMiles for flying Delta. 3. PERSONAL SAVINGS. Rewards: The Plum Card® from American Express does not offer a rewards program, but you do get 1. Amex Platinum Amex Gold; Annual fee: $695: $250: Earning rates: 5x on flights booked directly with airlines or via American Express Travel (on up to $500,000 in purchases per calendar year) 5x on prepaid hotels booked with American Express Travel 1x on other eligible purchases 4x on dining at restaurants (including takeout and delivery. The Platinum also offers ultra-premium travel benefits, but for a higher annual fee. To validate your coverage, please call the number on the back of your Card. Blue Cash Preferred® Card from American Express: Best for Family spending: Groceries, gas, transit, streaming. The Plum Card ® from American Express. In 2021, the Amex Platinum Card began offering cardmembers statement credits toward Walmart+ membership of up to $155 per year (subject to auto-renewal), essentially knocking the out-of-pocket cost for the service down to nothing for most folks. The Plum Card ® Issuer: American Express National Bank. The Blue Business Cash earns 2% cash back on the first $50,000 in purchases per calendar. Note that. Bonus Points. gas stations and Amex Travel, and 1X points on other eligible purchases. For Frequently Asked Questions, please visit the Help Center. Delta Travel Benefits. Other American Express cards offer baggage insurance coverage of up to $1,250 for carry-on baggage and up to $500 for checked baggage. Welcome bonus: 70,000 Membership Rewards points after spending $10,000 on. If you’re looking for a hotel-specific credit card, then the Hilton Honors American Express Aspire Card is one of the best out there when it comes. Getting a free, year-long WeWork hot desk membership is easy: just open a Business Platinum Card ® from American Express. Delta SkyMiles® Platinum American Express Card - best for mid-tier delta flyers. A 3-digit number in reverse italics on the back of your credit card. The Plum Card® from American Express is a business charge card designed for small and mid-sized business owners who need flexibility in managing their cash flow. What am I missing? I looked up a bunch of older threads but I'm unsure if things have changed. We estimate the value of. Business Platinum. 5%; August 1, 2023 – 4%; August 1, 2024 – 4. Hot Tip: We value American Express. Step one, of course, will be to activate your card online or by calling the number posted on the sticker attached to the front of your card. About American Express; Investor Relations; Careers; Global Network; Contact Us; Amex Mobile App; Products & Services. If you need to carry a balance, Amex offers a feature called Pay Over Time, with interest rates similar to a credit card. 8. No welcome offer available. Cost includes $12. ¹. The Platinum Card® from American Express comes with a $695 annual fee. The Amex Blue Business Plus card is arguably the best no-annual-fee business credit card you can have. 5% . This feature promises and delivers instant gratification, encouraging a cycle of responsible credit card usage. If. Prime Visa Card. The Amex Plum card costs nothing the first year but costs $250 per year after that. Benefits. Amex Business Gold Card; Amex Plum Card; Comparing. Learn more about how they differ and how to determine which is. Winner: Amex Business Platinum. The American Express Platinum Card is one tier lower. You’ll also earn 1x points for each dollar you spend on eligible purchases. r/CreditCards. 9. or . American Express® Gold Card: Best for foodies and earning on food and grocery purchases. Business. The Gold Express Card comes with a welcome bonus of up to 60,000 Membership Rewards Points: cardholders that spend $1,000 or more in a month will receive 5,000 points. The two cards have similar earning structures. Rewards and discounts. $2,000. Best American Express Cards of November 2023. 5% currency back otherwise pay up to 60 days later less coming interest (or winning cash back). $39 . However, some TPG readers have been targeted for even better offers: up to 125,000 points on the personal Amex Platinum. Pay It Plan It — Pay It Plan It is really 2 payment options. $2,000. The Plum Card® from American Express – Flexible repayment options; The Business Platinum Card from American Express. Our Take. Additional Details. com to select the best Business Credit Card Products for your needs. Learn more about the benefits Card Membership can provide. Just let us know and. Bank Business Platinum Card is built for small-business owners who need temporary, low-cost financing. The midtier Delta choice — the Delta SkyMiles® Platinum American Express Card — is a standout option. And Amex's network of Centurion Lounges is among the most exclusive in Amex's Global Lounge Collection. Spend between $250,000 to $350,000 per year on your Amex credit cards for the personal Centurion card or $400,000 to $500,000 for the business version (though some reports say you need to spend. None. The card’s purchase rate is 31%. While this card comes with undeniably generous benefits, including airport lounge access and travel perks, it also charges a steep annual fee of £650. American Express® prepaid Cards and Cards issued by non-American Express issuers are not eligible. Apply Now. There are a variety of presentations of this card, all of which are metal: classic Platinum Card®,. The American Express App. Why is the Platinum card half plastic? I just noticed that my $695 a year Platinum card is half plastic. American Express Plum Card is a business and cash back charge card. Subsection 201 of the CARD Act says the following about late payment disclosures: '' (A) LATE PAYMENT DEADLINE REQUIRED TO BE DISCLOSED. Both card impose a 3% foreign exchange fee on transactions outside the UK. Similar to the Equinox credits, make sure you enroll so this benefit is active. Amex Plum gives a discount of 1. Updated September 20, 2023. New personal Amex Platinum card members can currently earn 80,000 bonus points after spending $8,000 on purchases in the first six months after opening the. At $695 per year, the Amex Platinum isn't an affordable card — but neither is the Delta Reserve. The discount shows up as a. Based on TPG's valuation of Membership Rewards points at two cents each, the Platinum bonus is worth $1,600. Delta Platinum Card [Detailed Comparison] Earn 60,000 bonus miles after you spend $5,000 in purchases on your new Card in your first 6 months. Based on TPG's valuation of Membership Rewards points at two cents each, the Platinum bonus is worth $1,600. Delta Platinum card members will pay just $50 per person, with up to 2 guests per visit. Welcome. With no need to opt-in or preselect your. Use your Business or Corporate Card to send virtual payments to vendors who accept American Express® Cards. This card offers a unique payment structure that allows cardholders to pay early and receive a discount or pay later with no interest charges. There are cards that offer longer periods with 0% interest, but Amex might offer a higher limit. Credit Cards; Business Credit Cards;The Plum Card® from American Express: 1. 99% Variable. Amex Blue Business Plus offers 2X points on up to $50,000 in purchases per year (then 1X points), and Amex Blue Business Cash offers 2 percent cash back on all eligible purchases (on up to $50,000. Learn more about the benefits Card Membership can provide. Amex Business Platinum benefits. S. The Platinum Card® from American Express currently is offering a good welcome bonus: Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6. 9. Card Members must pay in full all charges not included in a Pay Over Time balance. For now, let’s take a look at how to actually earn these points! 1. The Amex Platinum consistently has one of the most valuable welcome offers out there. The Platinum Card® from American Express is one of the top cards for frequent flyers, thanks to the 5x bonus category for airfare purchased directly from the carrier or through Amex Travel (on up to. I'm a business owner, film and TV production, and one of my biz cards is my Amex Plum. Interest rate: Pay Over Time. 2% back at a minimum, could even make it 2. American Express offers excellent membership benefits on its premium cards, including various luxury travel perks. File a Claim or Check Claim Status. You can get a discount of 1. Rinse and repeat until 7 figures. American Express cards can only be downgraded to the. 1. Like, Comment, and Share my videos!🔔 SUBSCRIBE HERE 🔔 👇 Watch My Other Videos Here 👇 👇★ The Alliant Visa Signature. Select the Card below to read the full terms and conditions for Global Assist Hotline, Premium Global Assist Hotline and Emergency Assistance related to that Card. Blue Cash Everyday® Card from American Express - best for cash-back beginners. Most people in NZ do not put >30k through their credit card Ps the annual fee for the ANZ platinum airpoints card is still $150 ( at least according to the website), is this changing soon?Earn 2 miles per dollar at Restaurants worldwide, plus takeout and delivery in the U. Compare American Express Platinum vs American Express Plum Card and see which is better. Oh, and both come with worthwhile bonuses. 99% . Amazon Rewards Visa Signature Card. . Winner: Capital One Venture X. Most of the information you need to complete an American Express business card application is straightforward. Make Payments by Phone: 800-472-9297. See Rates & Fees , Terms Apply. FICO® Score and Insights. Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible. The card’s introductory 0% APR lasts for 18 billing cycles and applies to both. The reason why is because you can earn 2x Amex Membership Rewards points per $1 spent on everyday business purchases, up to $50,000 per calendar year. While both share some similarities, there are notable contrasts that cater to distinct financial preferences. 5X miles on purchases over. But the card’s sky-high annual fee can be a big turn-off for many business owners, as can the fact that, as a charge card, the Amex Business Platinum Card. While the issuer. Here's a look at the three different flavors of the Amex Platinum that I'll focus on today. The Amex Platinum comes with statement credits that. Amex Plum Card [2023] - The Plum Card® From American Express Review for 2023Browse all Cards ( 6) American Express® Platinum Card. Delta has severely nerfed the value of their skymiles over the past years so it’s better to have the Amex platinum card and have flexibility over where your points go than to be limited to delta’s price fixed skymiles. Here's a look at the three different flavors of the Amex Platinum that I'll focus on today. American Express SmartEarn™ Credit Card. 60,000-point welcome bonus after spending $6,000 in the first 6 months of card membership. It offers an eye-popping 6% cash back at U. You’ll be asked to pay $250 per year to keep your card. The Amex Blue Business Cash card earns 2% cash-back on all eligible purchases on up to $50,000 per calendar year, the 1% thereafter. Both The Platinum Card® from American Express and the Delta SkyMiles® Reserve American Express Card offer welcome bonuses for new cardmembers. Card Type CHARGE CARD CREDIT CARD Annual Cardmembership fee £575 £575 Annual Supplementary Cardmembership fee One complimentary Platinum and up to four Gold or Green then: • £285 or f Platinum • £170 for Green or Gold One complimentary Platinum then: • £285 or f Platinum Functionality Charge – This Card has no pre-set. Fees Annual Membership Fee . NEW OFFER: Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months. Cardholders can choose to. These top travel websites offer deep discounts and worthwhile deals on airfare, hotel rooms, and car rentals. The Capital One Venture X Rewards Credit Card Is a straight forward card that is clear and simple. The Delta Reserve offers. $250 ( rates & fees) Best for Cash Back. We're comparing the Amex Business Gilded card to the Amex Plum card to support them determine welche card the greatest for your business how. While the Venture X may offer more earning opportunities, keep in mind that TPG values Amex Membership Rewards at 2 cents each while Capital One miles are valued at a lower 1. Amex Business Gold Card vs. Annual fee: $250. If you’re not sure when you’ll have the money to pay your bill, this card provides some wiggle room. ago. So, if you have two additional users, you’ll pay a $700 annual fee, which takes it to pretty much the same level as the Amex Platinum. Cost includes $12. Specifically, the Amex Platinum card has a $695 annual fee, while the Amex Green card has a $150 annual fee. 3% — making this only a 0. 2¢ off every gallon on your statement. You can also contact customer service online through the live chat feature from your account. Based on TPG's valuation of Membership Rewards points at 2 cents each, this welcome bonus is worth $1,600. On the surface, the personal card's terms might seem better. AMERICAN EXPRESS. 3X miles on Delta and hotel purchases; 1. Cosmo_Hunter. Manage payables and receivables all in one place. The official American Express App for iPhone allows you to access your Account from anywhere. 99% variable rate; which is still lower than most business cards. The Amex Platinum card is an ultra-premium travel rewards card with a ton of benefits, so it only makes sense that it has an ultra-premium price tag to go along with it. You have to pay your balance within 10 days of your statement closing date. If you’re a committed United Airlines flyer, the United Club Infinite Card is a great option for a luxury travel experience. With the Amex Blue Cash Everyday card, you’ll earn cash-back at U. THE POINTS GUY. American Express has a suite of different personal and business credit cards,. 2. On American Express's Website 5X Reward Rate Earn 5 Membership Rewards Points per dollar on prepaid hotels booked with American Express Travel and. $250 Transaction Fees Foreign Transaction. View Agreement. Authorized User Fee. The Plum Card® from American Express overview. While this business card doesn’t offer any robust rewards program, there’s an option to earn a discount for early payments. This card offers a unique payment structure that allows cardholders to pay early and receive a discount or pay later with no interest charges. Amex Business Gold Card vs. Before we examine the details of our featured cards, take a look at this overview of the highlights of the Delta Platinum card and the Delta Gold card: Earn 50,000 bonus miles after you spend $3,000 in purchases on your new Card in your first 6 months. But these major benefits come with an. The Business Platinum Card® from American Express is unquestionably the best premium business card, thanks to its slew of perks and ability to earn flexible, valuable Membership Rewards points. That’s a massive welcome offer, and given our. Meanwhile, American Express increased the annual fee on the Platinum Card from $550 to $695 (see rates and fees) in mid-2021. Delta Reserve Card vs. $0 Annual Card Fee. The three iterations of the Platinum I'm comparing today include The. Access to Delta Sky Club Airport Lounges. Reward your inbox with the TPG Daily newsletter. Most charge cards on the market now are geared toward businesses, such as The Plum Card® from American Express and the Brex Business Card. Track spending & rewards, find offers, review your balance, pay your bill and enjoy features only available in the Amex. Enjoy 4 Supplementary Cards at no additional fee; Fee for additional Supplementary Card(s) - Rs. 95 monthly Walmart+ membership (subject to auto-renewal) with a statement credit after you pay for Walmart+ each month with your Platinum Card®. 3X miles on Delta and hotel purchases; 1. The Delta Reserve Amex is currently offering 60,000 bonus miles after you spend $5,000 in purchases on your new card in your first six months of account opening. or . The annual rewards payout assumes you charge $2,580 each. The Low Rate Credit Card from American Express®. The Platinum Card annual fee. If you have decent credit, apply for American Express Platinum. Great introductory bonus. Use Amex Membership Rewards Credit Cards. S. The Platinum Card® from American Express is one of the best premium rewards cards on the market thanks to its extensive benefits, from lounge access to monthly statement credits. In the realm of rewards, the Cobalt Card boasts a dynamic points system,. 60,000 bonus points (worth $900 in award travel): Chase Sapphire Reserve®. However, certain premium cards cover your purchases for up to $10,000 per incident, with the same limit of up to $50,000 in total claims per calendar year. About American Express; Investor Relations; Careers; Global Network; Contact Us; Amex Mobile App; Products & Services. 80,000-point. 2. com vs Americanexpress. When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual. Rewards rate: Unlimited 1. Earn a $100 Delta Flight Credit towards future travel after you spend $10K in purchases on the Card during a calendar year ‡. 5% “cash-back,” which is actually an early payment discount. In February 2020, Nilson reported that Visa and Mastercard swipe fees had a weighted average of 2. Let's take a closer look at the Amex Platinum vs. This means the amount you can spend adapts based on factors such as your purchase, payment, and credit history. If you’re ever unsure if a large purchase will be approved, just use the Check Spending Power. In general, Amex is more prestigious than Citi. Rates & Fees. Extended Warranty¹. Way better product than the plum, except no 60 day payment option. Amex Platinum Card — Overview Here is a quick look at how both cards stack up in each major review category. When the travel credit is netted against the annual fee, we can think of the Platinum Card as having an “effective annual fee” of $499, which is more favourable than what the premium Aeroplan cards are charging. If you do not pay for two billing periods in a row, the fee is the greater of. Card details Capital One Venture Amex Platinum Chase Sapphire Preferred; Annual fee: $95: $695 (see rates & fees) $95: Bonus: 100,000 bonus miles when you spend $20,000 on purchases in the first 12 months from account opening or 50,000 miles if you spend $3,000 on purchases in the first 3 monthsEligible purchases can be paid over time, up to the amount of your Pay Over Time Limit on your account. If you credit is rock solid and you have high limits go for it. The Business Platinum Card® from American Express. Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible. This feature lets you split large purchases into monthly payments by paying a fixed fee and no interest charges. Make Purchases Online. It offers a generous introductory rate of 0% for the first 12 months, then a 16. 8. I opened it in 2009 when I incorporated my business. 99% to 24. I opened it in 2009 when I incorporated my business. You may have up to 10 active plans running concurrently. All the color ones with pay over time are charge cards. Application link: Amex Platinum with a 80,000-point welcome bonus. Other American Express cards offer baggage insurance coverage of up to $1,250 for carry-on baggage and up to $500 for checked baggage. Amex Platinum vs. Eligible purchases can be paid over time, up to the amount of your Pay Over Time Limit on your account. 80,000. S. The Platinum Card’s welcome bonus is: Earn 80,000. Plus Up Benefits are excluded. Annual fees. Based on TPG's valuation of Membership Rewards points at two cents each, the Platinum bonus is worth $1,600. Learn more about how they differ and how to determine which is. View All Prepaid & Gift Cards. Here are the cards that include this protection when you use them to pay for your items: American Express® Business Gold Card. The Amex Blue Cash Preferred card earns bonus cash-back on transit, including tolls, buses, trains, parking, and more. The Platinum Card® from American Express. Currently, there are 4 Amex card levels in the travel rewards category. You have nothing to lose by applying. American Express is known to have some of the best perks with its credit cards, and the card_name is no exception. Cardmembers will receive statement credits for their total spend on NEXUS fees rounded down to. But if you can get the entire trifecta, you'll end up earning anywhere from a 4% to a 10% return (based on TPG valuations) on almost all your purchases. Rates & Fees. However, certain premium cards cover your purchases for up to $10,000 per incident, with the same limit of up to $50,000 in total claims per calendar year. Benefit renews annually. This coverage is in excess of coverage provided by the common carrier. Fees Table . Winner: The Platinum Card. 99% p. The Capital One Spark Miles card is our runner-up business card, but this credit card has a totally different ideal cardholder than the Amex Business Gold card. The Chase Sapphire Preferred® Card is the winner over The Platinum Card® from American Express. Whereby does the desired American Express Black Card—the choice of aforementioned elite—compare to one Amex Platinum Card? 4. Some applicants won't be eligible for this. With a $95 annual fee, this Card offers 3X points at U. Business Credit Cards. The personal card rewards the referrer with 10,000 Aeroplan points per referral, while the business card awards 20,000 Aeroplan points per referral. $295 ($375 if application is received on or after 2/1/24) New cardmember offer. Car Rental Loss and Damage Insurance. See Rates & Fees Card Rewards. I have a platinum and a plum. 10,000* Get Amazon Vouchers worth ₹1,500* for each Card. But the truly unique element of the offer is a bonus multiplier on non-travel items. With no need to opt-in or preselect your categories, so you. It earns 1 point per dollar spent on all other purchases. Consider you have twice the time to spend less than half the amount of money for the bonus points. AMEX Business Platinum VS AMEX Business Plum. 04% difference. Rewards Rate. com, not for any seller fees or Amazon Advertising purchases. This card has no preset spending limit and gives you 4X Membership Rewards® points on the 2 select categories where your business spent the most each month and 1 point per $1 on everything else. Credit Cards. 5% cash back) Once pre-paid a large amount on the Plum in order to make a charge that was 3x the preset limit; Swiped the hell out of the Platinum Card, making mid-cycle payments to keep it usable and under the preset limit. Since the Plum Card is a charge card and not a credit card, it doesn’t come with an interest rate at all. Platinum. The Business Platinum Card® from American Express: Best business card for luxury perks. Rates & Fees. The Platinum Card. One App - American ExpressThe Amex Platinum is one of the top cards when it comes to being treated like a VIP, but with its annual fee costing close to $700, it may make sense to consider whether another less-expensive. 26% compared to American Express’s average fee of 2. Winner: Venture X. American Express® Platinum Card . Sign the back of the card, and you’re ready to start using it. Not much of a battle here: The Venture X costs $395 annually compared to The Platinum Card’s $695 fee. Annual Fee. Welcome bonus. supermarkets and gas stations. Your Platinum Card now comes in a new, sleek design made of stainless steel giving you a differentiated look. If you do not pay for two billing periods in a row, the fee is the greater of. 99% variable rate; which is still lower than most. While Amex is making a few updates to its top-of-the-line cards, the real kicker is the increased annual fee for authorized users on the personal version of the Platinum card. American Express Plum Card: Pricing information including interest rates, benefits and fees was obtained on July 7, 2023 from published websites and is believed to be accurate, but not guaranteed. The Capital One Venture X Rewards card debuted in late 2021 with excellent travel perks and an annual fee of $395 — the lowest of any card on this list. —In the case of a credit card account under an open end consumer credit plan under which a late fee or charge may be imposed due to the failure of the obligor to make payment on or. Pay Over Time — Decide whether you want to pay eligible purchases in full each month—or pay over time with interest. There is also a difference in costs when you add authorized users. Refer A Friend. 2 cents each, making 60,000 bonus miles worth a considerable $720. The Amex Platinum, Amex Business Platinum and Amex Green each offer up to $189 per calendar year in statement credits that can be used with Clear Plus. It doesn't offer rewards, though it does have an early-pay discount. Ink Business Preferred ® Credit Card. Learn More >. And it's half the price of the Delta SkyMiles® Reserve American Express Card, with a. VISA/MASTERCARD. Supplier Diversity. If your Card is not listed on this page, if you are an Additional Card Member, or to determine whether you have coverage, please call the number on the back of. Unlike most airline credit cards, the Delta SkyMiles® Gold Business American Express Card may be a decent credit card for. Does anyone know if this is more difficult to be approved for than the other charge cards because of the one month grace period to PIF? I - 6381417is useful for smallish businesses that want the option to either pay early and earn 1. $695 (rates & fees): Best for Travel & Lounges: American Express ® Business Gold Card: CARD REFRESH: Earn 70,000 points after. If your Card is not listed on this page or if you are an Additional Card Member, please call the number on the back of your. Login - American Express In the past, I've called ahead a few times to make sure a charge would clear, and the representatives were always helpful. The 2 look very similar to me in terms of annual fee and benefits. Penalty Fees . In addition to its many benefits, the American Express Business Platinum card also comes with a welcome offer of 120,000 points for spending $15,000. It seems likely that a huge reason for this increase is due to the fees between the networks becoming closer aligned.