Skip to navigationSkip to main contentADVERTISEMENTSome offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.BBen LuthiBen Walker (CEPF, CFEI®) · Senior Writer, Credit CardsUpdated Mon, June 15, 2026 at 8:06 PM GMT+2 5 min readAmerican Express offers two standard versions of its premier credit card: the American Express Platinum Card® and The Business Platinum Card® from American Express. While the two cards offer many of the same benefits, the business version has many perks geared toward small business owners.Amex Business Platinum vs. Amex Platinum overviewAnnual feeBoth cards come with an identical $895 annual fee. Having one card over the other won't save you any money if you only factor in the cardmember cost.Winner: It's a toss-upWelcome bonusYou can earn these welcome offers with the Amex Business Platinum and Amex Platinum:Amex Business Platinum Card: You may be eligible for as high as 300,000 Membership Rewards® Points after spending $20,000 in the first 3 months (welcome offers vary and you may not be eligible for an offer)Amex Platinum Card: You may be eligible for as high as 175,000 Membership Rewards® Points after spending $12,000 in the first 6 months (welcome offers vary and you may not be eligible for an offer); apply to know if you're approved and find out your exact welcome offer amount – all with no credit score impact (if you're approved and choose to accept the Card, your score may be impacted)The business Amex Platinum has a higher offer (if you qualify) but a much higher spending requirement. The better bonus depends on which one you can comfortably earn based on your regular spending.Winner: It's a toss-upDig deeperRewardsWhile similar, the rewards rates on both cards have a few key differences.Amex Business Platinum:5x points on flights and prepaid hotels through AmexTravel.com2x points on eligible purchases at U.S. construction material and hardware suppliers; electronic goods retailers; software and cloud system providers; shipping providers; and on purchases of $5,000 or more everywhere else (on up to $2 million of these purchases per calendar year)1x points on all other eligible purchasesPurchases eligible for multiple additional point bonuses will only receive the highest eligible bonusAmex Platinum:5x points for flights booked directly with airlines or with American Express Travel (up to $500,000 per year)5x points on prepaid hotels booked with American Express Travel1x points on all other eligible purchasesThe card with the better bonus categories depends on your spending habits. The Amex Business Platinum is designed for business owners who often make large purchases of $5,000 or more and shop in common U.S. business categories.The Amex Platinum personal card is a better fit for travelers because you don't have to book flights through American Express Travel to receive the 5x multiplier — you can also book directly with airlines.Winner: It's a toss-upDig deeper: Best rewards credit cards for 2025Additional perks and benefitsBoth travel rewards cards have similar travel perks, including access to the Amex Global Lounge Collection and elite status with the Marriott Bonvoy and Hilton Honors loyalty programs. However, there are big differences in many of the credits offered.The Amex Business Platinum has credits that are more business-oriented, while the Amex Platinum provides a wide range of credits that could benefit various types of people (enrollment is required for select benefits).The value of the credits and benefits on each card depends on your preferences and personal finance goals. Seeing if many of the benefits of a card align well with your lifestyle is a quick and easy way to know which card may be the better fit for you.Winner: It's a toss-upChoose the Amex Business Platinum if…You're a business owner.This version of the Amex Platinum is much more suited to earning rewards on common business expenses and taking advantage of different types of business benefits.Still, this may not be the right fit if you don't spend or travel enough to maximize the card's benefits. You may also think twice if you can't meet the criteria to earn the card's welcome bonus without overspending.Annual fee$895Welcome offerYou may be eligible for as high as 300,000 Membership Rewards® Points after spending $20,000 in the first 3 months (welcome offers vary and you may not be eligible for an offer)Card type(s)Business, RewardsOngoing Purchases APR17.74% - 28.49% VariableRecommended credit scoreGood, ExcellentRewards rate5x Membership Rewards points on flights and prepaid hotels booked on AmexTravel.com2x points on eligible purchases at U.S. construction material and hardware suppliers; electronic goods retailers; software and cloud system providers; shipping providers; and on purchases of $5,000 or more everywhere else (on up to $2 million of these purchases per calendar year)1x points for each dollar you spend on eligible purchasesBenefitsEnroll and get up to $150 in statement credits on U.S purchases directly with Dell Technologies on the Business Platinum Card and an additional $1,000 statement credit after you spend $5,000 or more on that same Card per calendar year.Enroll and get a $250 statement credit after you spend $600 or more on U.S. purchases directly with Adobe per calendar year on the Business Platinum Card.Unlock over $4,000 in statement credits with business and travel benefits annually on the Business Platinum Card (after meeting qualifying spend thresholds; terms apply)Choose the Amex Platinum if…You want a premium travel card that's packed with perks and benefits.To make this card worth it, you're likely a frequent traveler willing to do some extra legwork to optimize the card's benefits. Just make sure you budget for the card's annual fee each year.If you travel infrequently or the idea of keeping track of all the card's benefits and requirements makes your head spin, it might not be the right fit.Annual fee$895Welcome offerYou may be eligible for as high as 175,000 Membership Rewards® Points after spending $12,000 within the first 6 months (welcome offers vary and you may not be eligible for an offer); apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact (if you’re approved and choose to accept the card, your score may be impacted)Card type(s)TravelBusiness credit cardNoOngoing Purchases APRSee Pay Over Time APRRecommended credit scoreExcellent/GoodRewards rate5x points for flights booked directly with airlines or with American Express Travel® (up to $500,000 per calendar year)5x points on prepaid hotels booked with American Express Travel1x points on all other purchasesBenefitsGet up to $600 back in statement credits each year on prepaid Fine Hotels + Resorts or The Hotel Collection bookings with American Express Travel (up to $300 semi-annually; The Hotel Collection requires a minimum two-night stay)Get up to $400 in annual statement credits ($100 each quarter; enrollment required) for eligible purchases with Resy, including dining at Resy restaurantsEnjoy up to $200 in Uber Cash annually — that's $15 in Uber Cash for rides or Uber Eats orders each month, plus a bonus $20 in December (you must have the latest version of the Uber App downloaded and your eligible American Express Platinum Card must be a method of payment in your Uber account; Amex benefit may only be used in United States)Should I get both cards?With so many overlapping benefits, applying for both versions of the Platinum card generally doesn't make sense. Instead, consider other American Express credit cards that offer Membership Rewards points, which could allow you to maximize your rewards on more of your spending while enjoying other valuable benefits.Read more: Our picks for the best Amex credit cardsOther cards to considerAnnual fee$395Welcome offerEarn 75,000 bonus miles when you spend $4,000 in the first 3 months from account openingPurchase APR19.49% - 28.49% variableRecommended credit scoreExcellentRewards rate10x miles on hotels and rental cars booked through Capital One Travel5x miles on flights and vacation rentals booked through Capital One Travel2x miles on all other purchasesBenefits$300 annual credit for travel bookings through Capital One Travel10,000 annual bonus miles (worth $100 in travel spending; starts on your first account anniversary)Enjoy access to 1,300+ lounges worldwide, including Capital One Lounge and Landing locations and participating Priority Pass lounges, after enrollmentWhy we like it: The Capital One Venture X won't give you the same caliber of travel perks, but its benefits are still impressive for a lower $395 annual fee.They include a $300 annual travel credit for bookings through Capital One Travel, up to $120 Global Entry or TSA PreCheck application fee credit, 10,000 anniversary bonus miles, and access to over 1,300 airport lounges worldwide.Read our full Capital One Venture X reviewAnnual fee$395Welcome offerEarn 150,000 bonus miles once you spend $30,000 in the first 3 months from account openingPurchase APR25.74% variableRecommended credit scoreExcellentRewards rate2x miles on every purchase5x miles on flights and vacation rentals booked through Capital One Business Travel10x miles on hotels and rental cars booked through Capital One Business TravelBenefitsEvery year, you'll get 10,000 bonus miles after your account anniversary date and receive an annual $300 credit to use on Capital One Business TravelUp to a $120 statement credit on TSA PreCheck® or Global EntryEnjoy access to 1,300+ lounges worldwide, including Capital One Lounge and Landing locations and participating Priority Pass lounges, after enrollmentWhy we like it: If you're a business owner, the Capital One Venture X Business can offer even more value than the personal version.This card has many of the same benefits as the Capital One Venture X — including airport lounge access, a $300 annual travel credit for Capital One Busines Travel bookings, and 10,000 anniversary bonus miles — but you also get additional business perks. These include free employee cards and no preset spending limit so you can have more flexibility with your business expenses.Annual fee$95Welcome offerEarn 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account openingOngoing Purchases APR19.24% - 27.49% VariableRecommended credit scoreExcellent/GoodRewards rate5x points on travel purchased through Chase Travel℠3x points on dining, vacation homes, gas & EV charging, top streaming services, and online groceries (excluding Walmart, Target, and wholesale clubs)2x points on all other travel purchases1x points on all other purchasesBenefitsComplimentary DashPass with $0 delivery fees & lower service fees for a min. of one year when you activate by 12/31/27, plus a $10 promo each month on non-restaurant ordersEarn up to $100 in statement credits each account anniversary year for hotel stays through Chase TravelReceive one statement credit of up to $120 every four years as reimbursement for the application fee charged to your card for a Global Entry, TSA Precheck®, or NEXUS applicationWhy we like it: The Chase Sapphire Preferred® Card makes sense if you want to earn travel rewards and utilize travel benefits, but with a much lower $95 annual fee.This card doesn't have luxury travel perks like airport lounge access, but you can earn up to $100 in annual statement credits for hotels booked through Chase Travel℠ and you can also transfer your points to over 12 travel partners, including Flying Blue Air France/KLM, Southwest Airlines Rapid Rewards, and World of Hyatt.Read our full Chase Sapphire Preferred reviewThis article was edited by Alicia HahnEditorial Disclosure: The information in this article has not been reviewed or approved by any advertiser. All opinions belong solely to Yahoo Finance and are not those of any other entity. The details on financial products, including card rates and fees, are accurate as of the publish date. All products or services are presented without warranty. Check the bank's website for the most current information. This site doesn't include all currently available offers. Credit score alone does not guarantee or imply approval for any financial product.