Introduction
If you're wondering how much is AMEX platinum business, the answer is $195.60. That's a very big difference from the standard $5,000 annual fee that comes with most credit cards. The difference between having a Platinum card and not having one isn't as big for me as it was for you about 10 years ago when I started getting these types of questions. I have always been staunch in my opinion that receiving this card is a must if you are a business owner — even if you know how to use your credit cards.
How Much Is The American Express Platinum Business Card?
The American Express Platinum Business Card is one of the most popular business credit cards on the market today.
The card offers a generous reward structure, flexible spending options, and an attractive sign-up bonus.
The annual fee for the card is $450, but you can apply for it online and get it for as little as $100 if you meet certain requirements.
Here's how much you'll pay each year:
$450 annual fee
10% cash back on eligible purchases (on up to $50,000 in gas and utilities annually)
1X point per dollar spent on all other purchases (on up to $25,000 annually)
No foreign transaction fees
AMEX Platinum Business Card Cost
The cost of the AMEX Platinum Business Card varies depending on your annual income and other factors. The following table shows the cost of this card for different income levels:
Income Range Annual Income Cost of Card $0-$30K $75 $30K-$100K $100 $100K-$250K $200 $250K+ N/A
The above example shows that if you make between $30,000 and $100,000 per year, you can apply for an AMEX Platinum Business Card at no cost. If your income is above $250,000 per year, then you will need to pay a fee of $200 to get approved for this card.
American Express Platinum Business Credit Card Review—Is It A Good Deal?
American Express Platinum Business Credit Card Review—Is It A Good Deal?
The American Express Platinum business card is one of the most popular credit cards on the market. It's a great choice for your small business, and it's also great for people who are looking to boost their earnings by adding a second income to their household.
The card comes with a ton of benefits and perks that make it easy to get started. First, you get access to American Express' travel rewards program, which allows you to earn rewards when you use your card to pay for travel expenses like flights or hotels. You'll also receive 2X points on all purchases made at gas stations, supermarkets, and drugstores, up to $25K in purchases annually, and 1 point per dollar spent on all other purchases.
You can also earn additional points when you use your card for purchases at restaurants, grocery stores, and drugstores: Earn 3X points at restaurants; 2X points at grocery stores; 1X point on all other purchases (up to $25K annually). There are no annual fees or foreign transaction fees.
Amex Platinum vs. Chase Business Ink
The Amex Platinum card is pretty good. You get 50,000 bonus points after spending $5,000 in the first three months, then a 20% bonus on points earned after that. That's a nice way to get started with the program and you can use those points to redeem for a statement credit at a 1:1 ratio with an airline or hotel.
The Chase Business Ink card is also good but it's not as good as the Amex Platinum card because it has fewer benefits and higher fees. It also costs more to apply for and maintain than the Amex Platinum version.
0 Comments