Maximizing Rewards: The Benefits of American Express Business Platinum
As a business owner, you’re no stranger to the financial challenges that exist. Keeping your expenses in check, managing cash flow, and maintaining profitability are always top of mind. What’s more, you want to ensure that you’re getting the most out of every dollar you spend. One tool at your disposal for doing just that is the American Express Business Platinum Card. In this article, we’ll explore the benefits of this card and how it can help you maximize your rewards and streamline your finances.
What is the American Express Business Platinum Card?
The American Express Business Platinum Card is a charge card that is specifically designed for business owners. While it comes with a hefty annual fee of $595, it also offers a host of rewards and other perks that can more than offset that expense. Some of the features of this card include:
- 5x Membership Rewards points on flights and prepaid hotels on amextravel.com
- 1.5x points per dollar on eligible purchases of $5,000 or more (up to 1 million additional points per year)
- Access to the Global Lounge Collection
- Up to $200 in airline fee credits per calendar year
How can the American Express Business Platinum Card maximize your rewards?
The American Express Business Platinum Card is an excellent tool for maximizing your rewards. With 5x Membership Rewards points on flights and prepaid hotels, it’s easy to rack up a significant number of points quickly. Furthermore, the 1.5x points per dollar on eligible purchases of $5,000 or more is an attractive feature for businesses that make large purchases regularly.
One key advantage of the American Express Business Platinum Card is that it offers a flexible rewards program. You can redeem your Membership Rewards points for a variety of rewards, including travel, merchandise, and gift cards. Additionally, you can transfer your points to other loyalty programs including Hilton Honors, Marriott Bonvoy, and Delta SkyMiles.
Other features and benefits of the American Express Business Platinum Card
In addition to generous rewards programs, the American Express Business Platinum Card also offers a host of other features and benefits. Some of these include:
- Access to the Global Lounge Collection: This benefit provides access to over 1,300 airport lounges across 140 countries, making business travel more comfortable and convenient.
- Up to $200 in airline fee credits per calendar year: This credit can be used for things like checked bags, in-flight meals, and other incidental expenses.
- Fine Hotels and Resorts program: This program offers over 1,000 luxury hotels worldwide, providing exclusive benefits like room upgrades, free breakfast, and late checkout.
- Card Concierge service: This service can help you with everything from making restaurant reservations to booking travel and entertainment.
Case study: How one business owner used the American Express Business Platinum Card to maximize rewards
John owns a small business that frequently sends employees on business trips. After doing some research, he decided to apply for the American Express Business Platinum Card. Using the card, he was able to rack up a significant number of Membership Rewards points by booking flights and prepaid hotels. He also earned points on large purchases, like a new office computer that cost over $5,000.
John and his employees were able to take advantage of the Global Lounge Collection on their business trips, making travel more comfortable and efficient. Additionally, John redeemed his Membership Rewards points for free flights and hotel stays, saving his business thousands of dollars on travel expenses. Overall, John found that the American Express Business Platinum Card was an excellent tool for maximizing rewards and streamlining his finances.
Conclusion
The American Express Business Platinum Card is an excellent tool for business owners who want to maximize their rewards and streamline their finances. With generous rewards programs, flexible redemption options, and a host of other features and benefits, this card is worth considering if you’re looking to get the most out of every dollar you spend. Whether you’re booking travel or making large purchases, the American Express Business Platinum Card can help you achieve your financial goals.
