American Express Platinum Business Card

Since the Amex Platinum Business Card is a charge card and not a credit card, it means business users can enjoy no pre-set spending limit on their business card with up to 55 days to pay for purchases. Unlike a credit card, charge cards are required to be paid in full each billing cycle. However, American Express does offer flexible payment options if it’s needed.

The American Express Platinum Business Card earns points into Membership Rewards which is a flexible rewards program. This program allows members to transfer points to their airline program of choice on demand.

Since American Express does not apply points earning caps like most other financial providers, Platinum Business Card Members can earn unlimited points from their business transactions.

You will need to have an annual business revenue of $75,000 or more, have a valid ABN registered for GST, be 18 years or older, be an Australian citizen or permanent resident, be a director or Controller of the business, and last (but not least) you will need to have a good credit history with no payment defaults.

The American Express Platinum Business Card also comes with several hotel statuses: Hilton Honors Gold, Marriott Bonvoy Elite Gold and Radisson Rewards Premium Status.

The Platinum Business Card will also give you complimentary access to Accor Plus, which is a paid membership program by Accor ALL. The retail price of this membership is $399 p.a., so it’s yet another valuable benefit included with your Platinum Business Membership. Benefits of Accor Plus include a complimentary hotel stay in the Asia-Pacific as well as substantial dining discounts of up 50% at Accor Hotels. You can read our complete guide on Accor Plus here.

Business owners can take advantage of the American Express flexible payment option offered as part of their Platinum Business Card. Flexible payment options allow business users to free up cash flow when it’s needed beyond the interest-free days.

When the statement balance is issued, members will have the option to carry over a portion of the unpaid balance onto the next month at a rate of 23.99% pa. until the outstanding amount has been repaid.

It goes without saying that American Express Cards are some of the most integrated products out there. This means you can easily add your card to your choice of digital wallets, such as ApplePay, Google Pay and Samsung Pay.

This feature allows users to use their NFC-enabled devices such as phones, smart-watches and bracelets to make payments without having their card present.

Save the benefit to your Card via Amex Offers and spend with Dell Technologies online at www.dell.com.au or via phone on 1800 880 855 to receive your purchase amount back as a credit, up to $125 back. Benefit ends 31 December 2024. Exclusion apply.

As a Card Member, you also get a complimentary digital subscription to The Australian and The Wall Street Journal.

American Express have a rule which dictates who can and can’t receive a sign-up bonus for a new card. As it stands, both personal and business cards are classified under the same umbrella regarding sign-up bonuses. Unfortunately, this means that if you currently hold or have held an Amex Card within the last 18 months, you’re not eligible for the sign-up bonus.

There are 2 exceptions to this rule: Card Members who have or have held a David Jones co-branded Amex Card or those who have or have held an American Express Corporate Card. Those 2 categories can still apply for a personal or business American Express and obtain the bonus offer when meeting all the other criteria.

As a Platinum Business Member, you will also get access to Platinum Travel, which is a premium travel agent dedicated to Platinum Card members. This program also gives a discount with a select number of airlines, both domestic and international. These rates are not publicly available, so it’s always worth checking before you book direct.

When it comes to accounting, American Express integrates its business cards directly with MYOB so you can speed things up come tax time.

Amex Platinum Cardmembers get access to the Amex Experiences App which highlights the card benefits and features and gives notifications about exclusive ticket pre-sales as well as information on which restaurants you can book to redeem your dining credit. The app is available via Google Play and the Apple App Store.

The American Express Platinum Business Card is an absolute powerhouse for business users who value the premium inclusions and uncapped earn rate. Since this card is a charge card with no pre-set spending limit and up to 55 days of cash flow, it can really open up opportunities for business users looking to scale their business.

For us, one of the most valuable features of this card is the travel insurance benefits and, of course, access to 12 airline transfer partners.