The Platinum Business Credit Card
issued by American Express |
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Apply online for this card or
read on for a full review of all the features.
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 In-Depth Credit Card Review |
This online card application is intended for residents of the United States only. For other country options, please refer to the right hand menu bar.
The Platinum Business Credit Card, issued by American Express®, is an ideal card for business owners with good credit who prefer to manage all business-related expenses on one credit card and plan to carry a revolving balance.
The card has a reasonable interest rate for those who qualify, providing a low cost option for paying business expenses over time. The card also offers a 0% introductory rate for twelve months on purchases and a fixed 4.99% introductory rate for the life of the loan on balance transfers made during the application process or posted to the account within 45 days.
Those who are familiar with American Express® cards know that a variety of services and benefits are available to cardholders that include various purchase security features, up to $100,000 in travel accident insurance, and special discounts at participating merchants including AT&T®, FedEx®, 1-800-FLOWERS.COM®, and Hertz®. However, it is important to review the disclosures for participating merchant discounts, as restrictions and limitations do apply in order to take advantage of the discounts.
Cardholders are also granted access to the Membership Reward Express® program for no additional annual fee. The program offers cardholders the opportunity to redeem accumulated points for various services and benefits. For those who are not familiar with the Membership Reward Options program, it is one of the most flexible credit card reward programs available as it has no yearly limit and no expiration applied to earned points.
Therefore, those who qualify for the lowest rate offered, are planning to carry a revolving balance (due to the reasonably low interest rate), and will be able to take advantage of the discounts and reward program offered may find The Platinum Business Credit Card beneficial.
Most Attractive Feature: Access to Membership Rewards Express® program; special discounts at participating merchants; many benefits and additional perks; no annual fee.
Least Attractive Feature: Not all applicants may qualify for the lowest rate offered.
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Note: The review of this American Express card was updated on 09/22/2008 and is believed to be accurate during the update,
however, information posted may have since changed. We strongly suggest that you carefully read the Terms and
Conditions statement that accompanies the credit card application
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| Key Card Information |
| Introductory Rates and Terms |
| Intro Rate: | 0% APR for 12 Months |
| Applied Towards: | Purchases |
| Details: | A 4.99% introductory rate is available on balance transfers for the life of the loan if a transfer is submitted during the application process or posted within 45 days. Introductory rate applies to purchases made using the card at physical locations. | | Miscellaneous Rates and Terms |
| Credit Limits: | $50,000 (Maximum) |
| Purchases APR: | As low as Prime + 2.99% | | Cash Advance APR: | 19.99% | | Finance Config: | Average Daily Balance (including new purchases) | | Grace Period: | 25 Days | | Fees Associated with this Card |
| Annual Fee: | $0 |
| Add. Cardholders: | $0 |
| Late Payment Fee: | $19 if balance is less than $400; $38 if balance is $400 or more |
| Over-the-Limit Fee: | $35 | | Cash Advance Fee: | 3%, $5 minimum for Express Cash transactions |
| Balance Transfers: | There is no balance transfer fee associated with this offer. However, future balance transfers may incur a fee as disclosed at the time of the applicable transaction. |
| The Rewards Program Highlights |
| Optional Reward: | Yes |
| Optional Reward Annual Fee: | $0 |
| Points Per Dollar: | 1 Point |
| | Points are redeemable for merchandise, entertainment, and travel related benefits. |
| Additional Highlights of Interest |
Special Card Benefits and Features
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Various Internet account related services.
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Purchase protection.
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Extended warranty for purchases.
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Up to $100,000 in travel accident insurance.
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Lost luggage insurance.
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Auto rental insurance.
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Emergency card replacement.
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Access to OPEN: The Small Business Network services.
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Option to enroll in the fee-free Membership Rewards Express® program.
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Discounts at FedEx®, Hertz®, AT&T, and other participating merchants.
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See website for additional benefits.
Important Notes Regarding This Offer
Card is currently unavailable to residents of Puerto Rico.
The APR for purchases varies according to the applicant's credit history and will be 2.99%, 4.99%, 6.99% or 9.99% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure. |
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