Thursday, 9 Dec, 2021

9 Things to Do When You Get the Amex Business Platinum Card

Editor’s note: This is a recurring post, regularly updated with new information.The premium card market in the U.S. continues to be competitive...


Editor’s note: This is a recurring post, regularly updated with new information.

The premium card market in the U.S. continues to be competitive. Earlier this year, The Platinum Card® from American Express received a major refresh with new statement credits and a new (higher) annual fee.

The Business Platinum Card® from American Express followed right in that card’s footsteps with a revamp of its own in early October. There are updated perks and an annual fee that jumps by $100 (currently $595) to $695 per year (see rates and fees), kicking in for both new and existing Business Platinum cardholders on Jan. 13, 2022.

I’ve been a huge fan of the card ever since I opened it in 2018 in conjunction with establishing my LLC. The perks and benefits that come with it represent a fantastic value proposition for many small businesses. Once you receive the card, make sure you complete these nine tasks to take full advantage of your new premium card.

New to The Points Guy? Sign up for our daily newsletter and join our community for small-business owners.

Related: Big benefits with a high price: Review of the Business Platinum Card from American Express with 120,000-point welcome bonus

In This Post

Select your airline for the $200 credit and 35% rebate

One of the many perks of the Amex Platinum card family is the annual up-to-$200 airline fee statement credit for a single airline. Since you get this credit every calendar year, you can use it twice during your first year as a member, giving you a $400 return in the first 365 days.

The credit can be used toward airline lounge passes, checked bag fees and much more, although unfortunately you can no longer use airline gift cards to trigger the credit.

You can select from a variety of airlines, including Delta, for the fee credit. (Photo by Zach Griff/The Points Guy)

Technically, you can’t purchase tickets or use the credit for award taxes and fees; however, depending on how the airline codes your purchase, you may get reimbursed. Note that while you’re technically limited to the airline you select for the entire calendar year, reports indicate that you might be able to change your selection by contacting customer service. You can choose your airline on the Amex website. Enrollment required.

With the Business Platinum card, you also get 35% of all points back when you redeem points for a flight through the Amex Travel portal. You’re limited to a maximum rebate of 500,000 points per calendar year, and you only get points back for your selected airline on economy tickets, though you’ll receive 35% of points back for any business- or first-class flight you book on any airline.

I absolutely love this benefit because you’re not constrained by award space and because flights booked with points are treated as revenue flights by the airlines and therefore earn elite-qualifying miles and redeemable miles.

Related: Should you use cash or American Express Membership Rewards points to book travel?

Register for the new credits: Adobe, Indeed and Wireless

In early October 2021, the Business Platinum was updated, with cardholders receiving a plethora of new and updated perks. Those benefits are mostly in the form of statement credits that you must first enroll for.

To enroll, navigate over to the “Benefits” tab when logging in to your Amex Business Platinum account online.

Credit  Annual amount   How it works
Indeed Up to $360 Annual statement credit on all Indeed hiring and recruiting products and services to post open positions and find talent, up to $90 per quarter.
Adobe Up to $150 Annual statement credit on select purchases, including Adobe Creative Cloud and Acrobat Pro DC.
Wireless telephone services Up to $120 Annual statement credits for purchases made directly from any U.S. wireless telephone provider, up to $10 per month.

Sign up for Global Entry or TSA PreCheck

Once you have Global Entry, you automatically get TSA PreCheck for expedited security, so that’s your best option. When you sign up for Global Entry with your new Business Platinum Card, you’ll get a credit to your account to cover the cost once every four years (up to $100).

This is a perk you’ll definitely want to take advantage of as soon as possible, especially given that this access allows you to fly through U.S. Customs and Border Protection when returning to the U.S. from international destinations.

Enroll in Clear

Clear airport security sign at Orlando airport
(Photo by Joni Hanebutt/Shutterstock)

A membership to Clear typically costs $179 per year. The Amex Business Platinum comes with up to $179 in Clear statement credits each calendar year, meaning you can receive a completely complimentary membership. You must enroll your card for this statement credit to activate on your Amex Business Platinum account page.

If you have a membership to Clear, you simply enter a dedicated lane at the Transportation Security Administration checkpoint, input your biometric data into a kiosk and head toward the gray carry-on bins. This can be a huge time-saver.

Enroll for Marriott and Hilton Gold status

Get free breakfast as a Hilton Gold member. (Photo by Zach Griff/The Points Guy)

You have to manually enroll with each chain in order to get the benefits of Gold status from Marriott and Hilton. That being said, it’s not that difficult to do. You can get your Marriott Bonvoy Gold status by enrolling on the Amex site and you can get Hilton Honors Gold by doing the same.

You’ll get some solid perks from each — we value Marriott Gold status at $840 and Hilton Honors Gold status at $1,255, assuming you spend a certain number of nights at each chain’s hotels.

Keep an eye out for your Priority Pass card

Wingtips lounge in St. Louis
Wingtips Priority Pass lounge at St. Louis Airport. (Photo by Katie Genter/The Points Guy)

The Priority Pass membership that comes with your Business Platinum Amex card allows you and two guests access to more than 1,300 airport lounges around the world. Enrollment required.

You should receive your Priority Pass card and membership package in the mail within 10-14 days of receiving your card. If not, call the customer service number on the back of your Amex and request that the card be sent to you.

Additional guests beyond the two allowed will cost you $32 each and will be automatically billed to your Amex account. Make sure you keep the letter that came with your Priority Pass card long enough to use the security PIN in the letter to register for an online account, which will enable a mobile membership card.

Earn hotel and airline status the smart way

As mentioned earlier, flights booked through the Amex Travel portal and paid for with points will be treated (the vast majority of the time) as paid airfares and will earn elite-qualifying miles and dollars.

This means you can earn airline elite status while flying “free” flights. I took advantage of a targeted shortcut to American Airlines Executive Platinum status last year and booked tickets paid with points through Amex Travel, giving me American Airlines AAdvantage Executive Platinum status for only the cost of my time flying.

Amex Fine Hotels + Resorts can provide lots of benefits ranging from upgrades to late checkout. (Photo courtesy of Amex FHR Banyan Tree Mayakoba)

For hotel status, beyond Marriott Gold and Hilton Gold, you can book hotels through the Fine Hotels + Resorts program. In addition to the great added benefits you’ll get during hotel stays, like free nights at select properties and complimentary breakfast, you’ll earn redeemable hotel points and elite nights toward status.

FHR rates are often in line with publicly available rates on a property’s own website, so you might as well book with Amex, receive the tremendous added benefits and earn your points and elite credit in the process. While you can earn 5x Amex points on prepaid hotel stays booked through Amex’s regular travel portal, you won’t earn elite credits or hotel points on those bookings.

Shop for new technology at Dell

Your Business Platinum Dell credit is enough to pay for these JBL headphones. (Photo courtesy of Dell)

Business Platinum cardholders now receive up to $400 in annual statement credits for U.S. purchases with Dell. This breaks down to up to $200 for purchases made between January and June and up to $200 for purchases made between July and December.

Only U.S. purchases are eligible for this credit (and Dell has canceled every order I’ve tried to place from abroad), and you do need to enroll on the Amex website before you can start shopping. TPG writer Stella Shon walked through how to use this credit and even found a few great items you can get — including JBL wireless headphones — thanks to this new benefit.

Designate a permanent spot in your wallet for the card

(Photo by Ryan Patterson/The Points Guy)

There are two main reasons I always keep the Business Platinum Card in my wallet:

  1. The card earns 1.5x points on eligible purchases in select business categories and eligible purchases of $5,000 or more, on up to $2 million of these purchases per calendar year. While I don’t have these kinds of expenses often, the few times I have paid taxes or paid a security deposit plus the first three months’ rent, I didn’t want to be left without the ability to earn more than 1x points.
  2. When I’m headed to the cash register with an important purchase and need extra protection, I always want the Business Platinum Card in my wallet for purchase protection and extended warranty protection.

Related: I bought a new car on my Amex Business Platinum Card — and it was no big deal

Additional reporting by Benét J.Wilson and Chris Dong. 

For rates and fees of the Amex Business Platinum, please click here. 

Featured photo by Katie Genter/The Points Guy. 


By: Ethan Steinberg
Title: 9 things to do when you get the Amex Business Platinum Card
Sourced From:
Published Date: Wed, 27 Oct 2021 17:00:37 +0000

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