The American Express Business Platinum card does not have a balance transfer fee. The reason the American Express Business Platinum card has no transfer fee is that it does not allow balance transfers at all, and that means you’ll need to look for another credit card to help reduce the cost of existing debt.
The Amex Business Green card and the American Express Business Gold card don't provide American Express Business Platinum card perks, like free airport lounge access. But they can be used to make purchases, and they will earn rewards for you (the primary cardholder). Regardless of which type(s) of additional cards you decide to add, you can set custom spending limits and freeze specific cards by logging into your account, selecting the "Account Services" tab, and clicking "Manage Spending Limits for Additional Card Members."
American Express Business Platinum card additional card fees:
Additional Amex Business Green card Fee: $0 per year. You earn 2 points per $1 spent on flights and prepaid hotels booked on amextravel.com, as well as 1 point per $1 spent on all other purchases.
Additional American Express Business Gold card Fee: $45 per card. You earn 4 points per $1 in the two select categories with the most spending (up to $150,000 per year combined) and 1 point on all other purchases.
Additional American Express Business Platinum card Fee: $300 per year 5 points per $1 spent on flights and prepaid hotels on amextravel.com, 1.5 points per $1 on U.S. construction material and hardware, U.S. electronic goods, U.S. shipping as well as on purchases of $5,000 or more (up to $2 million of these purchases per year combined), and 1 point per $1 on all other purchases, and all Platinum benefits.
Only the primary American Express Business Platinum card holder can add additional cards. The primary card holder is also responsible for paying all charges made on those cards. But points earned with additional cards go to the primary card holder, too. And that will help you save.
The Business Platinum Card® from American Express is not a Visa or a Mastercard – it is on the American Express network. This means the American Express Business Platinum card has a bit less worldwide acceptance than a Visa or a Mastercard but should still be usable at most merchants within the U.S.
In general, it doesn’t matter much what network your credit card is on unless you’re focusing specifically on international travel. In that case, you’re best served by getting a Visa or Mastercard credit card with no foreign transaction fees. But for all other purposes, all four major credit card networks have comparable benefits and card offers. It’s best to compare individual cards on a case-by-case basis rather than focusing on a specific network.… read full answer
You cannot get an American Express Business Platinum card cash advance because the card does not allow cash advances at all. While you can’t get cash from this card, you can use the American Express Business Platinum card for purchases wherever cards on the American Express network are accepted.
The fact that American Express Business Platinum card cash advances are not an option might actually be a blessing in disguise. Cash advances are very expensive, thanks to a cash advance fee and a separate cash advance APR that apply as soon as you withdraw the cash. There may also be ATM-owner fees, depending on where you make the cash advance.… read full answer
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