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The Platinum Business Credit Card
Issued by American Express
Overall Rating

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Apply Online for The Platinum Business Credit Card.
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Review
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 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.
Updated: 2008-04-24 00:00:00
 
Note: The review on this card was updated on April 24, 2008. The review is believed to be accurate during the update, however, information posted may have changed since the update. We strongly suggest that you carefully read the Terms and Conditions statement that accompanies the credit card application.
Specifics
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Card Category: Business

Introductory Rate : 0.00%

Time Period 12 Months

Applied Towards :Purchases

Introductory Rate 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.

APR (Purchases) : 8.99% Variable

Annual Fee : $0.00

Annual Details : None

Reward Program Details

Expiration :None

Yearly Limit : None

Points per Dollar Spent : 1 Point

Point Details : Points are redeemable for merchandise, entertainment, and travel related benefits.

Additional Points : None

Perks / Notations

Additional Perks

Various Internet account related services.
Purchase protection.
Extended warranty for purchases.
Up to $100,000 in travel accident insurance.
Lost luggage insurance.
Auto rental insurance.
Emergency card replacement.
Access to OPEN: The Small Business Network services.
Option to enroll in the fee-free Membership Rewards Express® program.
Discounts at FedEx®, Hertz®, AT&T, and other participating merchants.
See website for additional benefits.

Important Notations

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.

Additional Information

Apply Online for The Platinum Business Credit Card.

See other cards issued by American Express

Category: The Platinum Business Credit Card by American Express
 
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