How to Pick a Platinum Credit Card

How to Pick a Platinum Credit Card

How to Pick a Platinum Credit Card

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If you’re into commodities trading, then you know that platinum is nearly as valuable as gold. Credit card issuers love to attach the platinum moniker to their premium rewards cards, in the hopes that customers will find them to be equally valuable.

But is a card any better just because it includes “platinum” in its name? Let’s take a look at the business credit cards labeled platinum, and see if any of them are right for you:

The Business Platinum Card® from American Express

When most people talk about the “platinum card,” this is the one that they’re referring to. Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership. Get 5X Membership Rewards® points on flights and prepaid hotels on

Benefits include access to over 1,000 airport lounges that are part of the Delta SkyClub, Priority Pass Select and American Express Centurion networks. You also receive a $200 annual airline fee credit, a $100 credit toward the Global Entry application fee, and a 35% rebate on points redeemed towards eligible first and business class tickets purchased through American Express Travel. There’s a $595 (10/14-1/12/22) annual fee for this card, and no foreign transaction fees.

Delta SkyMiles® Platinum Business American Express Card

This card is designed to offer benefits to those who travel frequently with Delta Airlines. Limited Time Offer: Earn 90,000 bonus miles, 10,000 Medallion® Qualification Miles (MQMs), and a $100 statement credit after spending $3,000 in purchases on your new Card in your first 3 months. Offer Ends 11/10/21..

Earn 3 Miles on every dollar spent on eligible purchases made directly with Delta and on every eligible dollar spent on purchases made directly with hotels. Earn 1.5 miles per dollar on single eligible purchases of $5,000 or more (that’s an extra half mile per dollar), up to 50,000 additional miles per year. 1 Mile on every eligible dollar spent on other purchases.

Benefits when flying Delta include a free checked bag, priority boarding and a 20% savings on in-flight food and beverage purchases. There’s a $250 Annual Fee for this card, and no foreign transaction fees. Terms, Rates & Fees

CitiBusiness® / AAdvantage® Platinum Select® Mastercard®

CitiBusiness® / AAdvantage® Platinum Select® Mastercard®

Designed for businesses. Earn 65,000 American Airlines AAdvantage® bonus miles after spending $4,000 in purchases within the Learn More

This is a mid-tier frequent flyer card that offers both miles and substantial benefits. Earn 2 AAdvantage® miles per $1 spent on eligible American Airlines® purchases. Earn 1 AAdvantage® mile per $1 spent on other purchases and Earn 2 AAdvantage® miles per $1 spent on purchases at telecommunications merchants, cable and satellite providers, car rental merchants and at gas stations.

Benefits include your first bag checked free, preferred boarding and an American Airlines Companion Certificate each year of cardmembership in which you spend $30,000 or more in purchases and renew your cardmembership. There’s an annual fee of $99, waived for first 12 months, and no foreign transaction fees.

Wells Fargo Business Platinum Credit Card

This small business credit card is designed for companies with annual sales of up to $2 million. Once approved, you’ll receive a credit line of up to $50,000 and you can earn your choice of cash-back or reward points. If you choose cash back, you earn 1.5% on all of your purchases, which is credited to your account or to your eligible checking or savings account each quarter. If you choose rewards points, then you’ll earn one point per dollar spent and 1,000 bonus points when your company spend reaches $1,000 in any monthly billing period. Points can be redeemed for gift cards, merchandise, airline tickets and other rewards, plus you get a 10% bonus when you redeem points online. There’s no annual fee for this card, and no foreign transaction fees.

This article was originally written on October 2, 2017 and updated on January 27, 2021.

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Jason Steele

Jason Steele is an expert in the credit card industry. He is frequently quoted in national media and his work is regularly featured by mainstream outlets such as Yahoo! Finance, MSN Money, and Business Insider.

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