The Business Platinum Card® from American Express offers bonus rewards on transactions over $5,000, making it good for those who regularly make large purchases (Terms apply, see rates & fees). There’s also no preset spending limit, which may help when it’s time to swipe your card.
Rewards: Earn 5 Membership Rewards® points per dollar on flights and prepaid hotels through American Express Travel, 1.5 points per dollar on eligible purchases at U.S. construction material & hardware suppliers, electronic goods retailers and software and cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year and 1 point per dollar on other eligible purchases.
Welcome offer: Earn 120,000 Membership Rewards® points after spending $15,000 on eligible purchases with the card within the first 3 months of card membership.
Annual fee: $695
Other benefits and drawbacks: The Business Platinum card is a major draw for travelers, thanks to its wide range of extra benefits. From statement credits on airline incidentals to automatic elite status with select hotel and car rental partners, you can make out like a bandit. Airport lounge access, trip protections¹ and points rebates on some award airfare redemptions are other perks.