Two weeks ago I noted that the American Express Platinum Card’s signup bonus was increased to 40,000 points, coming closer to the signup bonus offer for the Mercedes-Benz Platinum American Express card.
The points alone should be worth well more than the annual fee. The fee credits significantly reduce the effective cost. And the travel benefits remain strong. I have and use this card myself (I have both a personal and business American Express Platinum).
Airport Lounge Access
This card provides same-day travel access to Delta lounges for the cardmember, a Priority Pass Select membership for lounge access both domestically and abroad (I like it best for Alaska Airlines lounge access), and access to Centurion lounges in Dallas and Las Vegas, and soon also in San Francisco and New York LaGuardia.
The Virgin America Loft and Newark Art and Lounge are two lounges newly accessible via Priority Pass Select.
Travel Benefits and Fee Credits
Like the personal card, the Business Platinum offers Starwood Gold status and National Car Rental Executive status.
The card provides up to $200 each year in airline fee reimbursements. You designate one airline from a list of participating carriers for the year and then small incidental charges get reimbursed.
The benefit is on a calendar year basis, so if you apply for the card now you have $200 to use in 2014 and another $200 to use at the beginning of 2015 all in your first cardmember year.
There are targeted offers out there that are higher. However this is the best publicly available offer for the Business Platinum card I’m aware of.
(Note that cards in this post offer credit to me if you’re approved using my links. The opinions, analyses, and evaluations here are mine. The content is not provided or commissioned by American Express, by Chase, by Citibank, US Bank, Bank of America, Barclays or any other company. They have not reviewed, approved or endorsed what I have to say.)
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