American Express® Business Platinum Card review
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Offer
- Interest-free each billing period
- Up to 54 days
- Earn rate
- 1 point per £1 spent
- Intro bonus
- Up to 50,000 points
Our verdict
A charge/credit hybrid card designed for companies with frequent overseas travel… and did we mention it’s made of metal?
If your business has an irregular income or irregular outgoings (what business doesn't?), then a business card can boost your spending power and offer stability. But some cards go further – offering a range of perks to make business spending a bit more rewarding.
Until January 2026 this card was a traditional "charge card". With a charge card, you're expected to pay your balance in full every month, but you have a spending limit that's flexible – typically growing as your business and credit history does. The upside of paying off your balance in full each month is that you avoid paying any interest. But the downside with charge cards has always been that sometimes in business, you need to delay paying a bill – and a traditional credit card would let you do that (albeit in return for interest).
But Amex has now introduced a "Flexible Payment Option", which means that this card is now effectively part charge card and part credit card. You'll be able to carry over part of your balance each month, if you want to. You'll be able to find your Flexible Payment Option credit limit in your app, and it'll be tailored to you and your business. As you'd expect, this part of your balance will incur interest.
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
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Earn points on day-to-day spending
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Airport lounge access
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£200 annual travel credit when you spend at American Express Travel Online
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Up to 54 days to spread the cost of purchases (provided you pay off your balance in full each month)
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Customers report excellent customer service when dealing with American Express
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Up to 50,000 Membership Rewards® welcome bonus
Cons
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Applicants with low credit scores are unlikely to get accepted
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Relatively high fee of £650 per annum
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Only 1 free supplementary card
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Non-sterling transaction fees apply
Details
Product Overview
| Network | Amex |
| Annual/monthly fees | £650 per annum |
| Purchases | 29.4% (applies if you use the Flexible Payment Option ) |
| 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 50,000 Membership Rewards points when you spend £6,000 in the first 3 months of Cardmembership. T&Cs apply. |
| Additional Rewards Info | 18,000 bonus points for a referral if the business is approved. Up to a maximum annual referral bonus of 90,000 Membership Rewards points. |
| Lounge access | Unlocks access to more than 1200 airport lounges across 130+ countries, including The Centurion Lounges and membership of PriorityPass. |
| Potential costs | 7.9Great |
| Extras | 9.3Excellent |
| Overall Finder Score | 9.4Excellent |
Fees and charges
| Minimum monthly payment | Full outstanding balance |
| Annual/monthly fees | £650 per annum |
| 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. |
| Additional Criteria | Available to UK LTD/LLP’s, signatories must be 18+ and a Director/member of the business. |
How does this deal compare?
Compare other products
We currently don't have that product, but here are others to consider:
How we picked theseFinder Score for credit cards
To make comparing even easier we came up with the Finder Score. Costs, perks and suitability across 120+ cards are all weighted and scaled to produce a score out of 10. The higher the score the better the card – simple.
Read the full methodologyCompare other products
We currently don't have that product, but here are others to consider:
How we picked theseRepayment 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.
American Express and Finder Awards
Our Finder Awards celebrate brands that truly stand out in their field, creating innovative personal finance products and providing outstanding service to their customers. American Express is one of these brands and has won multiple awards!
Here's what it's won in the past year:
- 2025 Provider of the Year Award (Rewards Credit Card)
- 2025 Provider of the Year Award (Business Charge Card)
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