Pros

Earn 190,000 Membership Rewards® points after spending $15,000 in first 3 months.

Get 5X points on flights and prepaid hotels on amextravel.com.

1.5X points per dollar on eligible purchases of $5000 or more (on up to $2 million of those purchases per year).

1.5x on US construction/hardware stores, US electronic goods, and US shipping. 1X elsewhere.

Up to $200 airline fee credit, up to $200 Dell credits annually.

Global Lounge Collection access to over 1,400 airport lounges.

Amex Concierge and Premium Global Assist Hotline.

No Foreign Transaction Fees.

Cons

$695 annual fee, high income or spending required.

No intro APR period.

Employee Cards cost extra.

Lots of perks require frequent travel to maximize value.

Why Choose It

The Business Platinum card offers tremendous airport lounge access and travel perks for road warrior business owners. Between lounge access, hotel elite status, rental elite status and airline fee credits, it really pays for itself for regularly traveling entrepreneurs. However, the value diminishes if your business involves infrequent travel. But the 12-month 0% APR period on purchases gives helpful flexibility too. If you have premium or heavy business travel expenses, The Business Platinum card will justify the high annual fee.