Business Platinum Card® from American Express review

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Advertiser Disclosure

Interest Rate: Purchases
30%
Balance Transfer
-
Rewards
1.25 points
Signup Bonus
35000 points (after spending $7,000)


9.4/10
Informr score
The Business Platinum Card® from American Express currently has an Informr score of 9.4 out of 10. This score is based on our evaluation of 5 sources including reviews from users and the web's most trusted critics.

Am I eligible?


Business Platinum Card® from American Express is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...


Money We Have

If you’re looking to earn points fast, it likely makes more sense to apply for the American Express Platinum card, but if you need something to manage your business expenses, then apply for the American Express Business Platinum card.

- Barry Choi, Money We Have
Canadian Kilometers

The American Express Business Platinum card is a fantastic addition to any wallet. This card has the highest signup bonus in Canada, which by itself already makes it one card you should get. For anyone who likes luxury travel, applying should be a no-brainer.

- Canadian Kilometers
PointsNerd

Personally, I find this card to be irresistible based on the huge sign-up bonus as well as the other benefits of the card.

- Jayce, PointsNerd
PointsWise

The huge welcome bonus, along with all of the other benefits that come with the card make this a must have for any Canadian wanting to boost their points balance fast!

- Tyler Weatherup, PointsWise
RewardExpert

The card is part of the Membership Rewards program, which has points that can be transferred to an array of travel partners, redeemed for airfare through American Express Travel and used toward statement credits.

- Anya Kartashova, RewardExpert

Details


Interest Rates
Regular APR Interest Rate 30%

Interest rate only applies to balances not paid in full.

Balance Transfer Interest Rate

No interest charges because you pay your balance in full each month

Cash Advance Interest Rate

No interest charges because you pay your balance in full each month

Rates & Fees
Annual Fee $499.00
Balance Transfer Fee
Cash Advance Fee 3%

Minimum of $0.75

Foreign Transaction Fee 2.5%

Transactions made in a foreign currency will be converted and posted to your account in Canadian currency.

Over Limit Fee $0.00
Late Payment Fee $0.00
Promotions
Sign up bonus 35000 points after spending $7,000

On purchases within the first 3 months.

Rewards
All Purchases 1.25 points per $1 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details


Features & Benefits
Additional Card Holders Yes
  • $199 per year for each Platinum card
  • $50 annually for Business Gold cards
  • Travel Accident Insurance Yes
    Car Rental Insurance Yes
    Car Rental Discount Yes
    Extended Warranty Yes
    Purchase Protection Yes
    Zero Liability No
    No Foreign Transaction Fees No
    Emergency Assistance Yes
    Concierge Service Yes
    Price Protection No
    Fraud Protection Yes
    Free Credit Scores No
    Wireless Payments Apple Pay
    Virtual Cards No
    Additional Benefits
    • Cash Flow Management
    • Dynamic Purchasing Power
    • Expense Management Reports
    • Employee Card Misuse Protection
    • Disability Plan for Small Business
    • Marriott Bonvoy Gold Elite status
    • Airport Lounge Access
    • Priority Pass
    • Up to a $100 USD hotel credit on qualifying hotel amenities charged to the room, such as dining, spa, golf or other hotel facilities.
    • Complimentary room upgrade at check-in, when available.
    • Enjoy several Hotel & Resort benefits
    • Special benefits at Toronto Pearson International Airport
    • Hertz Gold Plus Rewards Five Star Tier membership
    • Trip Cancellation and Interruption Insurance
    • Baggage Delay Insurance
    • Flight Delay Insurance
    • Lost or Stolen Baggage Insurance
    • Hotel / Motel Burglary Insurance
    • American Express Invites including Front Of The Line
    • Emergency Card Replacement
    Eligibility
    Minimum Security Deposit $0
    Minimum Age

    18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

    Minimum Personal Income
    Temporary Residents No
    More
    Additional comments
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    Critic Reviews


    Money We Have

    A strong card for consumers and small business owners

    from Money We Have

    If you’re looking to earn points fast, it likely makes more sense to apply for the American Express Platinum card, but if you need something to manage your business expenses, then apply for the American Express Business Platinum card.

    Read full review

    If you’re looking to earn points fast, it likely makes more sense to apply for the American Express Platinum card, but if you need something to manage your business expenses, then apply for the American Express Business Platinum card.

    Read full review

    Less

    Canadian Kilometers

    Highest signup bonus in Canada

    Canadian Kilometers

    The American Express Business Platinum card is a fantastic addition to any wallet. This card has the highest signup bonus in Canada, which by itself already makes it one card you should get. For anyone who likes luxury travel, applying should be a no-brainer.

    Read full review

    The American Express Business Platinum card is a fantastic addition to any wallet. This card has the highest signup bonus in Canada, which by itself already makes it one card you should get. For anyone who likes luxury travel, applying should be a no-brainer.

    Read full review

    Less

    PointsNerd

    An excellent card to have if you are looking to collect points

    from PointsNerd

    Personally, I find this card to be irresistible based on the huge sign-up bonus as well as the other benefits of the card.

    Read full review

    Personally, I find this card to be irresistible based on the huge sign-up bonus as well as the other benefits of the card.

    Read full review

    Less

    PointsWise

    Highest credit card bonus in Canada

    from PointsWise

    The huge welcome bonus, along with all of the other benefits that come with the card make this a must have for any Canadian wanting to boost their points balance fast!

    Read full review

    The huge welcome bonus, along with all of the other benefits that come with the card make this a must have for any Canadian wanting to boost their points balance fast!

    Read full review

    Less

    RewardExpert

    Best Offer of the Year for Business Travel

    from RewardExpert

    The card is part of the Membership Rewards program, which has points that can be transferred to an array of travel partners, redeemed for airfare through American Express Travel and used toward statement credits.

    Read full review

    The card is part of the Membership Rewards program, which has points that can be transferred to an array of travel partners, redeemed for airfare through American Express Travel and used toward statement credits.

    Read full review

    Less

    User Reviews


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