How can I earn Amex Business Platinum points? This question is about The Business Platinum Card® from American Express

You can earn American Express Business Platinum card points by meeting the initial spending requirement, making ongoing purchases and redeeming your rewards for flights through Amex Travel . If you spend $15,000 in the first 3 months, you’ll earn 120,000 bonus points. You’ll also earn 1 - 5 points per $1 on purchases. Plus, when you use points to pay for eligible First and Business Class flights booked through Amex Travel , you’ll get 35% of them back. Your points will show up in your account somewhere between 6-12 weeks after you earn them, depending on the type of bonus. Here’s how you earn American Express Business Platinum card points: Initial Bonus: You earn 120,000 points for spending $15,000 within 3 months You’ll get your points 8-12 weeks after you meet the spending requirements. Ongoing Rewards: You earn 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. They’ll post to your account 10-12 weeks after you make such a purchase. Airline Bonus: You get a 35% rebate on points used to pay for first class or business class flights on amextravel.com . You can earn up to 1 million points per year with this bonus. They’ll show up in your account 6-10 weeks after you book a flight. If you don’t make your minimum payment on time, you forfeit your points for that month. You can get those points back, but you have to pay a fee. Since Amex points are worth up to one cent each , paying the fee is only worth it if you have a few thousand points or more.

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How can I earn Amex Business Platinum points?

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This question is about The Business Platinum Card® from American Express

Michael Battle, WalletHub Credit Card Analyst

@mikebattle • 05/27/22 This answer was first published on 02/11/18 and it was last updated on 05/27/22.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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You can earn American Express Business Platinum card points by meeting the initial spending requirement, making ongoing purchases and redeeming your rewards for flights through Amex Travel. If you spend $15,000 in the first 3 months, you’ll earn 120,000 bonus points. You’ll also earn 1 - 5 points per $1 on purchases. Plus, when you use points to pay for eligible First and Business Class flights booked through Amex Travel, you’ll get 35% of them back.

Your points will show up in your account somewhere between 6-12 weeks after you earn them, depending on the type of bonus.

Here’s how you earn American Express Business Platinum card points:

Initial Bonus: You earn 120,000 points for spending $15,000 within 3 months You’ll get your points 8-12 weeks after you meet the spending requirements.
Ongoing Rewards: You earn 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. They’ll post to your account 10-12 weeks after you make such a purchase.
Airline Bonus: You get a 35% rebate on points used to pay for first class or business class flights on amextravel.com. You can earn up to 1 million points per year with this bonus. They’ll show up in your account 6-10 weeks after you book a flight.

If you don’t make your minimum payment on time, you forfeit your points for that month. You can get those points back, but you have to pay a fee. Since Amex points are worth up to one cent each, paying the fee is only worth it if you have a few thousand points or more.

Valerie Bodkin, Member

@tgivalerive • 02/25/18 This answer was first published on 02/25/18. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The initial 75k points bonus is good, if you can afford to buy things worth $20,000.

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Here’s how to redeem American Express Platinum card points:

Book travel through Amex. Just log in to your Amex account via the Amex travel portal, then search for the transportation and accommodations you want to book. There will be an option to pay with points at the check-out.

Transfer points. You can actually move your points at a 1:1 ratio to 17 airline and 3 hotel loyalty programs. To do so, log in to your Amex account and choose your loyalty program. Just keep in mind that you have to transfer in 1,000-point increments.

Get gift cards. Log in to Amex’s gift card reward page to make your selection. There are dozens of options to choose from, including restaurants, movie theatres and airlines.

Donate. You can make a charitable donation with your rewards points by logging in at Amex’s JustGiving page.

Amazon Shop with Points. If you connect your Amex card to your Amazon account, you can use their Shop with Points system to spend points on merchandise. But you’ll only get 0.7 cents per point using this method.

Statement credit. You can use your points to pay for charges on your statement, at a rate of 0.6 cents per point, by logging in to your Amex account.

Shopping. You can also spend your points toward Ticketmaster purchases (0.6 cents per point), Rite Aid purchases, Bestbuy.com, Staples.com and a few other sites (0.7 cents per point). Plus, you can use them at a rate of 1 cent each toward NYC Taxi rides.

For more redemption options and current point values, visit the Membership Rewards Points calculator website.

In addition, American Express Platinum card points do not expire as long as your account isn’t closed due to inactivity and you keep your account in good standing. Points are forfeited when losing an account, so make sure to redeem them before that.

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Is Amex Platinum worth it?

Yes, Amex Platinum is worth it for travelers with good credit who spend a lot and can take advantage of the card’s benefits. Amex Platinum benefits include a TSA PreCheck or Global Entry fee credit, airport lounge access, up to $200 in Uber credits per year and up to $200 in airline fee credits annually, and more. The card’s initial bonus of 100,000 points after you spend $6,000 in the first 6 months also goes a long way toward making the card worth its $695 annual fee.… read full answer

For the first year alone, you could wind up with at least $1,600 in net value (rewards and other perks, minus the $695 annual fee). The American Express Platinum card’s second year will have the same annual fee, but the total value of your benefits in year two would only be about $800 if you spent the same amount on the card as year one, according to WalletHub's research.

To really make money with this card after the first year, you’d have to spend a lot more. That said, many of the card’s perks are ongoing. You’ll benefit more if your purchases qualify for Amex Platinum’s ongoing bonus rewards rates, and if you utilize Amex Platinum’s complimentary Gold status in the Marriott Bonvoy and Hilton Honors hotel loyalty programs (enrollment required).

All in all, Amex Platinum is a good card for big spenders who travel all the time and can wring every drop of value out of its benefits. But it’s far too expensive for light spenders and occasional travelers.

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