The Business Platinum Card® from American Express is a premium credit card designed for businesses that frequently incur travel expenses. With an annual fee of $695, it offers a lucrative rewards program, including 5X Membership Rewards® points on flights and prepaid hotels booked through American Express Travel, and 1X to 1.5X points on other eligible purchases. Cardholders can enjoy over $1,000 in statement credits annually, access to Amex lounges worldwide, and other travel perks like Gold Elite status with Marriott Bonvoy and Hilton Honors. The card also provides purchase protections and no foreign transaction fees. However, the high annual fee might not be justified for small businesses with minimal travel expenses, making it essential to consider spending patterns before applying.
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