amexstarwood728x90-1 amexbusstarwoodlto728x90-1

Signup Bonus Returns For The American Express Business Platinum Card

Related posts:
-Singapore Airlines Also Not Charging Fuel Surcharges For Award Travel On United Or USAirways!
-ANA Not Charging Fuel Surcharges For Award Travel On United Or USAirways!
-Is it Worth Transferring Membership Rewards Points To USAirways With A 16% Loss Of Points?
-4BM Success! (2 consumer card and 2 business card approvals with just 1 hard pull!) .
-Want To Boost Your Credit Score? Spend On Business Cards Instead Of Consumer Cards.
-Which Miles To Use To Fly To Israel?
-Flying Round-Trip To Israel On Air Berlin For 47K American Express Membership Rewards
-Credit Score FAQs: Opening And Closing Cards
-Credit Card Reconsideration: Don’t Give Up!

—————————————————————————

Business Platinum Card® from American Express OPEN

For a while now there has been no signup bonus for this card, but as of today for a limited time the 25K bonus is back. You can get this bonus even if you have the consumer Platinum card.

Signup bonus:
25,000 bonus Membership Rewards points for spending $5,000 in 3 months.

Having consumer charge cards (Green, Gold, Platinum, etc) , consumer credit cards, or business credit cards will not stop you from earning this signup bonus.
If you have had a business charge card (Green, Gold, or Platinum) in the past 12 months the terms state that you will not receive the bonus. YMMV.

Annual fee:
$450. Though that can be offset by the $400 in fee refunds you can receive in your first cardmembership year.

Card benefits:
-Platinum card lounge access for you and 2 guests or your wife and kids at American (must be flying American), Delta (must be flying Delta), and USAirways (can be flying anyone) lounges.
-Priority Pass lounge access to hundreds of additional clubs worldwide.
-Regus lounge membership for access to wifi equipped offices with free snacks worldwide.
-$200 per calendar year in airline fee refunds, so $400 in refunds for 2013 and 2014 during your first cardmembership year.  More info here.
-Refund of Global Entry/Nexus/TSA PreCheck expedited security membership.
-Automatic Starwood Gold elite status for bonus points on paid and award stays/free wifi, room upgrades, and 4pm late checkout.
-Car rental elite status and special benefits like 4 hour return grace at Hertz with free #1 Gold, free reward days at Avis and elite status with National.
-No Foreign exchange fee.
-This is one of the only cards that will refund you if you lose any item that you purchased (up to $10,000) within 90 days in additional to many other enhanced American Express benefits.

Spending $5,000 in 3 months:
Spending $10K isn’t what it used to be.

With options like Vanilla Reloads, Vanilla MVD cards, and prepaid gift cards sold at a discount there are lots of ways to help you meet thresholds.
And of course there’s trusty old Amazon Payments made even easier with free additional user cards.

No need to rehash everything, Here are articles I’ve written on this stuff:
-Is Bluebird The Next Dollar Coin Churn?
-Another Flavor Of Vanilla: My Vanilla Debit Card
-Today’s Escapades
-Meeting A Spend Threshold In One Night.
-Need To Meet A Spending Threshold Deadline? Send And Receive $1,000/Month With No Fees Using Amazon Payments!

If you spend $1,000 at Fedex for example you’ll get a 5% automatic cash rebate and 2,000 points (double points for shipping as stated above). $1,000 at HP gets a 10% automatic cash rebate and 1,000 points plus their awesome extended warranty coverage as long as you have any open American Express card at the time of the claim.

What can you do with the points:
-You can wait for another Avios bonus. These come by every few months and usually range from 30%-50%. That means you get to Israel for as little as 20K points each way instead of the normal 30K points each way.
-A flight from NYC to short-haul destinations (like Cleveland, Detroit, Montreal, Toronto, and many others) on American booked via Avios is just 4,500 each way with no fuel surcharges or less with a transfer bonus.
-A flight from NYC to medium-haul destinations (like Miami) on American booked via Avios is just 7,500 each way with no fuel surcharges.
-A flight from NYC to resort destinations like Cancun or Puerto Rico on American booked via Avios is just 10,000 each way with no fuel surcharges.
-A flight from NYC to stunning Costa Rica on American booked via Avios is just 12,500 each way with no fuel surcharges. Of you can fly from the West Coast to any Hawaiian Island for that rate. Or you can even fly from Boston to Ireland for the same rate with no fuel surcharges on Aer Lingus (you’ll have to call to book trips on airlines like Aer Lingus or Alaska).
-The only way to fly in Singapore’s First Class Suites, or in their great business or first class products, is with Singapore miles. Book on their website to save 15% of the miles needed. I flew to Europe in December in a couples suite with my wife for about 58K miles each.
-Air France/KLM Flying Blue charges only 25K miles round-trip to Israel during a Promo award or just 50K miles round-trip to Israel on Delta with no fuel surcharges. Plus there are occasionally bonuses to Flying Blue as well, dropping those rates even lower.
-The only way to fly in El Al First Class, which includes the best glatt kosher food in the sky, is with El Al points.
-Air Canada can book you on other Star Alliance carriers, like United and USAirways and many more, with no fuel surcharges. Bonus: They also allow for 2 free stopovers, so you can checkout 3 different cities on 1 ticket.
-ANA miles can get you round-trip to Europe for 38K miles with no fuel surcharges or Israel for 60K miles with no fuel surcharges.
-Singapore miles can get you round-trip transcontinental flights in lie-flat business class for 40K or business class to Hawaii for 60K with no fuel surcharges.

What do you do with your points? Post a comment!

Getting a business card:

Getting a business card is quite simple.  You don’t need to be a traditional “business owner” as you might think of one.

For example if Joe Smith sells items on Ebay or on Amazon, or has any other side business/hobby and wants a credit card to better keep track of business expenditures he can just open a business credit card for “Joe Smith Sole Proprietorship” as the business name.  You don’t need to file any messy government paperwork to be allowed to do that.
Just be sure to select “Sole Proprietorship” as the business type and just use your social security number in the Tax Identification Number field as well as in the social security number field.

I’ve had business cards since I turned 18 as a Sole Proprietor and never had a problem getting approved with reconsideration if needed. You can reach reconsideration at 866-314-0237.

Best of all, spending you make on a business card won’t hurt your credit score as spending on a consumer card does.

Charge card:
This is a charge card without a defined credit line, so even when you’re ready to close the account you won’t lose that line of credit.

Plus it’s not subject the limit of 4 American Express credit cards per person, as charge cards are not limited in the way credit cards with a credit line are limited.

Membership Rewards points transfer to:
Transfers are at 1K:1K ratios or are otherwise listed.
Airlines:
Aeromexico (Skyteam)
Air Canada (Star Alliance)
Alitalia (Skyteam)
ANA (Star Alliance)
-Asia Miles, Cathay Pacific (OneWorld)
Avios, British Airways and Iberia (OneWorld)
Delta (Skyteam)
El Al (1,000 MR:20 El Al ratio)
Flying Blue, Air France/KLM (Skyteam)
Frontier
Hawaiian
Jetblue (250 MR:200 Jetblue ratio)
Singapore (Star Alliance)
Virgin America (200 MR:100 Virgin ratio)
Virgin Atlantic

Hotels:
Best Western
Choice
Hilton: (1,000 MR:1,500 Hilton ratio)
Starwood: (1,000 MR:333 Starwood ratio)

You can apply for both consumer and business American Express cards on the same day with just 1 credit pull.  Other cards you may want to consider include:

Consumer cards:
-Starwood Preferred Guest® Credit Card from American Express
-TrueEarnings® Card from Costco and American Express
American Express® Premier Rewards Gold Card
The Platinum Card® from American Express
Gold Delta SkyMiles® Credit Card from American Express
-American Express® Gold Card
-Blue Cash Preferred Card® from American Express
-Blue Cash Everyday Card® from American Express
-Blue Sky from American Express®

Business cards:
-Starwood Preferred Guest® Business Credit Card from American Express OPEN
-Gold Delta SkyMiles® Business Credit Card from American Express OPEN
-SimplyCash® Business Card from American Express OPEN

Tweet about this on TwitterEmail this to someoneShare on Facebook

24 Responses to “Signup Bonus Returns For The American Express Business Platinum Card”

  1. Sam Says:
    1

    Will I lose the lounge access when I cancel the card?
    Is the annual fee refunded if I cancel?

    ReplyReply
  2. Dan Says:
    2

    @Sam:
    The card itself works for platinum lounge access even if cancelled until it expires in 4 years.

    If you cancel any card within 60 days of being billed you get a full refund. After 60 days you can downgrade or cancel and get a prorated refund of $37.50 per month. I.E. if you cancel after 4 months you would get a $300 refund.

    ReplyReply
  3. noturbizniss Says:
    3

    Dan,
    Is the 4 credit card per account max combined business and personal?

    ReplyReply
  4. Dan Says:
    4

    @noturbizniss:
    Charge cards like this do not count towards that limit.
    But yes, the 4 credit card limit is combined.

    ReplyReply
  5. Stacy Smith Says:
    5

    Does Air canada have no Fuel surcharge on international tickets too as long as flights are operated by United/US?

    ReplyReply
  6. Dan Says:
    6

    @Stacy Smith:
    -Air Canada Fuel surcharges: If you fly on these carriers you will pay a fuel surcharge: Adria, Air Canada, ANA, Asiana, Austrian, LOT Polish, Lufthansa, TAP Portugal, and THAI.
    If you fly on these carriers you will not pay a fuel surcharge: Aegean, Air China, Air New Zealand, Avianca/TACA, Brussels, Copa, Croatia, EgyptAir, Ethiopian, SAS, Singapore, South African, Swiss, TAM, Turkish, United, and USAirways.

    Via http://www.dansdeals.com/archives/23168

    ReplyReply
  7. Avi Says:
    7

    I opened a new platinum 100k offer but they said I already received offers in last 12 months, any suggestions?

    ReplyReply
  8. DanFan Says:
    8

    If I don’t have a business do i need to call it John Doe Sole Proprietorship or as long I put in the app Sole Proprietorship I could even call it John Doe Enterprises?

    ReplyReply
  9. Joshua Says:
    9

    What is the best way to find out if there is a transfer bonus ongoing for Avios/MR/UR/Hotels ect. Is there a link which has current updates possibly?

    ReplyReply
  10. Al Says:
    10

    Disappointed to see that you are hawking this card for a measly 25k points.

    ReplyReply
  11. ari Says:
    11

    what is the easiest way of getting the four hundred dollars in airline credits from the comfort of my home? do i have to b travelling

    ReplyReply
  12. Dan Says:
    12

    @DanFan:
    I would call it John Doe Sole Proprietorship.

    @Joshua:
    Just have to keep checking.

    @Al:
    I don’t think 25K is measly at all.
    Especially if you are applying for other cards like SPG or PRG why not throw this in for another 25K+$400 refund with no added pull?

    The 25Ks add up. Heck 57K was enough for a $10,000 suite and 4.5K gets me a last-minute $600 ticket to NYC.

    @ari:
    http://forums.dansdeals.com/index.php?topic=3802

    ReplyReply
  13. Chaim Says:
    13

    Dan, I signed up for consumer and business platinum when they had the 50k promo back in November or December of 2012. They gave me now 25 k per card and told me the 50k promo per card was targeted and unless I show them ingot the offer they will not give it to me. does anyone have screenshot of the 50k sign up bonus for consumer and platinum and if yes can they email it to israirfares@gmail.com. Or do u have any other suggestion.? Thank you for your time

    ReplyReply
  14. Anonymous Says:
    14

    With these cards not being churnable anymore, my world is falling apart 🙁
    Dan, PLEASE help me!

    ReplyReply
  15. Jay Says:
    15

    There is actually a $71 charge from NYC to Cancun with Avios!!

    ReplyReply
  16. Alex Says:
    16

    If my wife and I both open cards, and accumulate points, can we pool them into one account and cancel one card to avoid double fees? Whats the best way to do this?

    ReplyReply
  17. jay Says:
    17

    is there any way of still getting a 100k offer 4 the platimum card

    ReplyReply
  18. sammy n Says:
    18

    Hi Dan, does the the saphire mastercard world cover rental insurance in israel? bec my friend called mastercard world and they said that they dont cover rental insurance in israel.

    ReplyReply
  19. FrequentFlier Says:
    19

    @Dan:
    Hey Dan,
    Do you know if there are any cards with a low or no annual fee that offer airport lounge access.
    TIA

    ReplyReply
  20. Anonymous Says:
    20

    Any idea if there is going to be another transfer bonus to BA in March ?

    ReplyReply
  21. mordy Says:
    21

    hi i got the jetblue card from amex and a few days later they doubled the signup spending bonus points. can i cancel my card now and re-apply? or will it affect my credit?

    ReplyReply
  22. YHF Says:
    22

    @Alex: Amex refused to combine MR accounts (or transfer from one MR account even to spouse’s MR account)unless you are closing the account. In that case (in my experience) they transferred without a problem.

    ReplyReply
  23. chaim Says:
    23

    i have a personal not a business amex gold card is there any way i can upgrade it to the platinum?

    ReplyReply
  24. MosheD Says:
    24

    Best airline transfer choice from Israel?

    ReplyReply

Leave a Reply

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

Switch to our mobile site