Choosing Between Amex Platinum and Business Platinum: Which Premium Amex Card is the Best Fit for You?

The competition between premium credit cards is heating up, with The Platinum Card® from American Express and The Business Platinum Card® from American Express leading the pack. Both cards come with a hefty annual fee of $695, but the benefits they offer make them worth considering.

The Amex Platinum and Business Platinum cards both offer generous welcome offers, with the Business Platinum taking the lead with a 150,000 bonus Membership Rewards points after spending $20,000 in the first three months. The Amex Platinum, on the other hand, offers 80,000 Membership Rewards points after spending $8,000 in the first six months.

When it comes to earning points, the Business Platinum shines for big spenders, offering 1.5 points per dollar on purchases of $5,000 or more in select business categories. The Amex Platinum, on the other hand, earns 5 points per dollar on flights booked directly with airlines or via Amex Travel.

Both cards offer a range of statement credits and benefits, including airline fee credits, lounge access, and elite hotel status. The Amex Platinum stands out with exclusive perks like Uber credits, Saks Fifth Avenue credits, and Equinox credits, while the Business Platinum offers Dell credits, Adobe credits, and Indeed credits.

In the end, choosing between the Amex Platinum and Business Platinum comes down to your spending habits and lifestyle. If you’re a frequent traveler and value premium perks, the Amex Platinum may be the better choice. However, if you’re a business owner with substantial expenses, the Business Platinum could offer more value with its business-related statement credits.

Both cards offer valuable rewards and benefits, making them worth considering for those looking for a premium credit card experience.