In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Frequently asked questions
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American Express Business Platinum Card review

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American Express Business Platinum Card
3.8
★★★★★
Finder score
Interest-free each billing period
Up to 54 days
Earn rate
1 point per £1 spent
Intro bonus
Up to 40,000 points

Our verdict

A business charge card designed for companies with frequent overseas travel… and did we mention it’s made of metal?
Gold Finder Awards Badge
Finder Awards 2024 highly commended
Customer Satisfaction Award

If your business has an irregular income or irregular outgoings (what business doesn't?), then a business charge card can boost your spending power and offer stability.

With a charge card, you're expected to pay your balance in full every month. But provided you do that, with this card you'll be able to take advantage of up to 54 days of 0% interest on purchases (although there are fees to pay if you fail to clear your balance) each billing cycle. The benefits of charge cards include flexibility with payments (purchases at the start of the billing cycle are paid for at the end of the billing cycle) and, in many cases, rewards on your spending.

Some of the key benefits of this card include airport lounge access, Hilton Honors Gold Status, a concierge service, comprehensive worldwide travel insurance (subject to enrolment) for trips of up to 120 days and the opportunity to earn Membership Rewards points as you spend (with a generous bonus on sign-up, subject to a minimum spend).

The option of additional cards enables you to extend benefits to colleagues and employees and easily keep track of business expenses. You'll be able to request one additional card for free, and thereafter each incurs an annual fee.

Pros

  • Earn points on day-to-day spending
  • Airport lounge access
  • £200 annual travel credit when you spend at American Express Travel Online
  • Up to 54 days to spread the cost of purchases (provided you pay off your balance in full each month)
  • Customers report excellent customer service when dealing with American Express
  • Up to 40,000 Membership Rewards® welcome bonus

Cons

  • Applicants with low credit scores are unlikely to get accepted
  • Relatively high fee of £650
  • Only 1 free supplementary card
  • Non-sterling transaction fees apply

In this guide

  • Our verdict
  • Details
    • Product Overview
    • Fees and charges
    • Application Requirements
  • Frequently asked questions

Details

Product Overview

Network Amex
Annual/monthly fees £650
Purchases N/A (this product is a charge card).
Purchases interest-free period Up to 54 days
Maximum credit limit Subject to status
Additional cards available Add up to 1 complimentary Platinum Business Charge Card (thereafter an annual fee applies to each), and up to 19 complimentary Gold Business Charge Cards.
Incentive Earn 40,000 bonus Membership Rewards® points when you spend £6,000 in the first 3 months. Terms apply.
Additional Rewards Info Earn 30,000 Membership Rewards points for each approved referred friend.
Introductory Rewards Earn 40,000 bonus Membership Rewards® points when you spend £6,000 in the first 3 months. Terms apply.
Lounge access Unlocks access to more than 1200 airport lounges across 130+ countries, including The Centurion Lounges and membership of PriorityPass.
Potential costs 3.4 ★★★★★
Doing its job 4.3 ★★★★★
Extras 4.0 ★★★★★
Overall Finder Score 3.8 ★★★★★

Fees and charges

Minimum monthly payment Full outstanding balance
Annual/monthly fees £650
Foreign usage charge (EU) 2.99%
Foreign usage charge (rest of world) 2.99%
Late payment fee £12
Duplicate statement fee £2
Additional card fee £0
Additional card fee note The first additional Platinum Business Card is complimentary, thereafter each card will be charged an additional £295 p.a. Up to 19 complimentary additional Gold Business Cards are available.

Application Requirements

Minimum Age 18
Residency Applicants must have a permanent UK home address.
Availability You will not be eligible for any Welcome Bonus award if you currently hold or have held any Membership Rewards enrolled American Express Card in the past 6 months.
Additional Criteria The business must have a current UK bank or building society account.

How does this deal compare?

Table: promoted then other popular deals
1 - 5 of 5
Name Product Finder score Finder score Purchases Annual/monthly fees Initial credit limits Representative APR Incentive Link
American Express Business Gold Card
3.8
★★★★★
★★★★★
Expert analysis
N/A (this product is a charge card).
Year 1 - £0, Year 2 onwards - £195
Min. limit not specified, max. limit not specified.
N/A (this product is a charge card).
Earn 20,000 bonus Membership Rewards® points when you spend £3,000 in the first 3 months. Terms apply.

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American Express Business Platinum Card
3.8
★★★★★
★★★★★
Expert analysis
N/A (this product is a charge card).
£650
Min. limit not specified, max. limit not specified.
N/A (this product is a charge card).
Earn 40,000 bonus Membership Rewards® points when you spend £6,000 in the first 3 months. Terms apply.

Go to site
 The American Express Business Basic Card
4.1
★★★★★
★★★★★
Expert analysis
N/A (this product is a charge card).
£0
Min. limit not specified, max. limit not specified.
N/A (this product is a charge card).
Access to tickets for must-see music, theatre and film events, often before they go on sale to the general public with American Express Experiences.

Amazon Business Prime American Express Card
4.0
★★★★★
★★★★★
Expert analysis
28.3%
£50. No annual fee for your first year or if you spend £8,000 or more on the Card each year.
Min. limit £1,500, max. limit not specified.
39.7% APR (variable)
Earn 2% Amazon Rewards for every £1 spent on selected Amazon purchases and 0.5% Amazon Rewards for every £1 spent on all purchases elsewhere.
Representative example: When you spend £1,200 at a purchase rate of 28.3% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 39.7% APR (variable).
Amazon Business American Express Card
4.0
★★★★★
★★★★★
Expert analysis
28.3%
Year 1 - £0, Year 2 onwards - £50 per annum
Min. limit £1,500, max. limit not specified.
39.7% APR (variable)
Earn 1.5% Amazon Rewards on the first £120,000 in purchases each calendar year, 1% thereafter at Amazon.co.uk, Amazon Business UK and Whole Foods Market UK, or 60 day extended payment terms on such purchases. Earn 0.5% Amazon Rewards on all other purchases.
Representative example: When you spend £1,200 at a purchase rate of 28.3% (variable) p.a. with a fee of Year 1 - £0, Year 2 onwards - £50 per annum, your representative rate is 39.7% APR (variable).
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1 - 6 of 31
Name Product Finder score Purchases Annual / Monthly fees Rewards earn rate Representative APR Link Key benefit Representative example
Finder Award
CASHBACK
Capital on Tap Business Credit Card
4.2
★★★★★
35.15%
£0
1 point per £1 spent
35.2% APR (variable)
Go to siteCard details
Earn 1 point for every £1 of card spend. Redeem 1 point for 1p (1% cashback)
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.2% APR (variable).
CASHBACK
Barclaycard Payments Select Cashback Business Credit Card
3.7
★★★★★
27.5%
£0
1% cashback uncapped*
27.5% APR (variable)
Go to siteCard details
*Get 1% uncapped cashback on all your business spend. T&Cs apply.
Representative example: When you spend £1,200 at a purchase rate of 27.5% (variable) p.a., your representative rate is 27.5% APR (variable).
Finder Award
CASHBACK
Capital on Tap Business Credit Card (+optional Business Rewards)
4.2
★★★★★
35.15%
£99 per annum
1 point per £1 spent
35.2% APR (variable)
Go to siteCard details
Representative example: When you spend £1,200 at a purchase rate of 35.15% (variable) p.a., your representative rate is 35.2% APR (variable). Optional upgrade to Business Rewards (£99 per year).
Barclaycard Select Charge Card
3.9
★★★★★
N/A (this product is a charge card).
£42 per annum
N/A
3.6% APR (variable)
Go to siteCard details
Control spend and manage business expenses. Access to business rewards with discounts and offers from leading retailers and suppliers. T&Cs apply.
American Express Business Gold Card
3.8
★★★★★
N/A (this product is a charge card).
Year 1 - £0, Year 2 onwards - £195
1 point per £1 spent
N/A (this product is a charge card).
Go to siteCard details
Earn 20,000 bonus Membership Rewards® points when you spend £3,000 in the first 3 months. Terms apply.
American Express Business Platinum Card
3.8
★★★★★
N/A (this product is a charge card).
£650
1 point per £1 spent
N/A (this product is a charge card).
Go to siteCard details
Earn 40,000 bonus Membership Rewards® points when you spend £6,000 in the first 3 months. Terms apply.
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Repayment options

You can make manual repayments through American Express's app by logging in to your online banking or over the phone. Alternatively, you may wish to set up a direct debit.

A direct debit protects you from forgetting to make a repayment and either damaging your credit score, getting hit with a penalty fee (£12) or losing any promotional rates as a result.

You can arrange a direct debit for repayments when you apply for the credit card. The table below shows the options available.

Choose from the following direct debit options for your monthly repayments:

Minimum amount Fixed amount Fixed percentage Full amount

How to apply

If you've compared cards and settled on the American Express Business Platinum Card, you can head over to American Express's secure online application to apply. Don't forget, you'll need to be over 18 and a UK resident to apply.

Customer support

To contact customer support for the American Express® Business Platinum Card, you can call 0800 917 8043.

Finder credit card scores

★★★★★ — Excellent
★★★★★ — Good
★★★★★ — Average
★★★★★ — Subpar
★★★★★ — Poor

Our experts score business credit and charge cards to determine their value against similar products on the market. We look at a number of important factors, like the flexibility it offers, any rewards you can earn through company spending, account management tools, plus the potential costs involved with running the card both in the short and longer term.

You can read more about our scoring criteria on our credit card methodology page.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.

Frequently asked questions

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