I receive compensation for many links on this blog. You don’t have to use these links, but I am grateful to you if you do. American Express, Citibank, Chase, and other banks are advertising partners of this site. Any opinions expressed in this post are my own, and have not been reviewed, approved, or endorsed by my advertising partners. I do not write about all credit cards that are available -- instead focusing on miles, points, and cash back (and currencies that can be converted into the same).
There’s a limited-time offer for the Enhanced Business Platinum Card® that lets you earn up to 100,000 Membership Rewards points: 50,000 points after $5,000 spend within 3 months and an additional 50,000 points after you spend an additional $10,000 within those first 3 months.
This offer only runs through January 25, 2017.
I carry the personal version of the card, but the small business version in many ways is even better.
Most of the benefits are the same. Here are elite status benefits you’re entitled to just for having the card:
- The card gives you Hilton Gold status. That’s one of the things I value, I have historically stayed with Starwood and Hyatt whose foot prints don’t get me hotels everywhere. This way I had some status walking into a ‘backup’ hotel chain.
Conrad Koh Samui
- The card gives you Starwood Gold status as well. Key benefit here is 4pm late checkout guaranteed (but subject to availability at resorts and conference hotels).
Al Maha Desert Resort
- Starwood Gold status matches to Marriott Gold status or Ritz-Carlton Gold status. Golds get 4pm late checkout and club lounge access at full service Marriotts.
SkyCity Marriott, Hong Kong Airport
- The card gives you National Car Rental Executive status. Choose your own car from the upgraded ‘Executive aisle’.
National Car Rental Popup Lounge, Dallas-Fort Worth Airport
The card has some of the best benefits — access to American Express’ own proprietary Centurion lounges plus Delta lounges (for the cardmember, when flying Delta) and Priority Pass lounges.
Here are the current Centurion lounges you can get into:
American Express Centurion Lounge Complimentary Spa, Miami
There’s also 10 annual Gogo internet passes and unlimited Boingo Internet. Those 10 gogo passes can be worth up to $300.
The card comes with a $200 annual airline fee credit, which in my experience (it’s not supposed to work this way, and not guaranteed to) has allowed me to buy (2) $100 American Airlines electronic gift cards. You can use the fee credit in 2016 and again at the beginning of 2017 — in other words $400 during your first $450 annual fee year.
Recently the card got 2 new benefits:
- 1.5 points per dollar on purchases of $5000 or more. They want to incentivize big charges from businesses.
- 50% back with your selected airline when you buy airline tickets using ‘pay with points’ — I view this as being like getting 2 cents per point towards airfare, instead of one cent [Buy a $1000 ticket for 100,000 points, get 50,000 points rebated, so the $1000 ticket costs you a net of 50,000 points].
American Express Centurion Lounge Self Pour Wine Wall, San Francisco
The 100,000 signup bonus, viewed as 2 cents a point towards travel, is worth $2000. You can transfer to airline miles and potentially get even more value.
The gogo internet passes can be worth $300. The airline fee credit is worth $200. Lounge memberships often cost about $500 and so you might value Amex’s 3-in-1 lounge benefit at least that much.
That’s $3000 in value before you even get to a Global Entry fee credit or the value of elite status which comes with the card, or access to luxury hotel benefits through the Fine Hotels and Resorts program.