Compare the Features and Benefits of The Business Platinum Card® from American Express and
Chase Sapphire Preferred® Card

💳 This card earns American Express Membership Rewards points. American Express often runs transfer bonuses where you can get even more points when you transfer to airline or hotel partners at designated times. Transfer bonuses are awesome. Get 20%, 30%, 40% or more bonus miles when you transfer points at the right times. But they are easy to miss!

You can see all past Transfer Bonuses from American Express Membership Rewards here.

Even better? Get notified when a new transfer bonus comes out and again before it ends (either or both, your choice). Sign up for free alerts right here. 🔔

The Amex Business Platinum is the one of the most expensive travel rewards cards on the market today. However, while its annual fee might be a bit on the higher side, the perks that come along with it are second to none, both from the business perspective as well as the travel angle.

For small business owners that hit the road (or skies) regularly, there really isn’t another card quite like this one.

On the travel perks side of things, the Amex Business Platinum has a laundry list of embedded extras from hotel status (Hilton Gold, Marriott Gold, Leaders Club Sterling) and rental car elite statuses to complimentary access to airport lounges through the Global Lounge Collection, including the popular Centurion Lounges, Priority Pass, and limited access to Delta SkyClubs when flying Delta. (See the key features and benefits above for details.)

There is also a $600 Hotel Credit where you can get up to $300 in statement credits semi-annually for up to a total of $600 each calendar year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings through Amex Travel™ using the Business Platinum Card (two-night minimum stay with The Hotel Collection) at more than 3,100 handpicked hotels. Fine Hotels + Resorts® include not just potential upgrades, on-property credit, and complimentary breakfast, but is also the only major issuer hotel program that offers a guaranteed 4pm late check out. That can come in very handy when you have a flight later in the day!

However, this is a business card, after all, and where this card shines is in its business statement credits.

If you have business expenses that are with specific merchants, such as Dell, Adobe, and Indeed, the Business Platinum can tangibly help cut reduce costs.

In addition, card holders get an extra point per dollar (2X) on eligible purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, and purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year. 2X can be huge, spanning a wide variety of business categories (capped at $2 million).

The perk of $50 in quarterly statement credits (enrollment required) at Hilton properties – up to $200 a year – adds real additional value as well.

When you want to redeem points, you can take advantage of the ability to transfer to any of the American Express Membership Rewards airline or hotel partner programs. If you want to keep it simple, the Business Platinum card has a very unique feature to get 35% points back after using Pay with Points for flights booked through Amex Travel with one of nine selected qualifying airlines, up to 1,000,000 points back per calendar year.

(Note: You choose your airline once per year for your $200 airline fee credit and then you can additionally get the 35% rebate on flights booked through Amex Travel using points on that one chosen airline in any class of service.)

The Amex Business Platinum isn’t a card for everyone — that’s for sure. But for high-spending business owners who travel often (either for business or pleasure), this just might be the card for you.

We recommend that you also consider pairing this card with the American Express® Business Gold Card, which has a wide array of bonus categories that complement what you receive on the Business Platinum.

Rates and fees for The Business Platinum Card® from American Express

💳 This card earns Chase Ultimate Rewards points. Chase often runs transfer bonuses where you can get even more points when you transfer to airline or hotel partners at designated times. Transfer bonuses are awesome. Get 20%, 30%, 40% or more bonus miles when you transfer points at the right times. But they are easy to miss!

You can see all past Transfer Bonuses from Chase Ultimate Rewards here.

Even better? Get notified when a new transfer bonus comes out and again before it ends (either or both, your choice). Sign up for free alerts right here. 🔔

We consider the Chase Sapphire Preferred® the best starter travel rewards credit card available today. For a modest $95 annual fee, you’ll earn bonus points in several categories, get up to a $50 statement credit for hotel stays purchased through Chase Travel℠, plus get a slew of travel protections.

The Chase Sapphire Preferred® credit card earns bonus points on travel purchases, dining, online grocery shopping, and select streaming services. Plus you’ll earn an annual Ultimate Rewards bonus of 10% of the prior year’s spending.

Although the credit card doesn’t earn bonus points on other purchases, you can pair the card with other Chase credit cards to boost your Chase Ultimate Rewards earning rate.

The Chase Sapphire Preferred® card justifies its annual fee year after year by providing the best set of travel protections on a card with under a $100 annual fee. Your car rentals will be automatically covered against theft and damage when you use your card and primary coverage (secondary for New York residence with their own vehicle insurance) means your own insurance won’t have to get involved. You’ll be protected against weather delays, lost luggage, and trip interruptions or outright cancellations.

Additionally, you’ll get benefits from several partners. For example, earn 5 points per dollar on Lyft rides through September 2027. Plus, you can get lower service fees when you use DoorDash by enrolling to get one complimentary year of DashPass through December 2027.