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. Earn 75,000 Membership Rewards® points after you spend $15,000 on qualifying purchases within your first 3 months of Card Membership. Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.

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 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. Earn 45,000 bonus miles and 5,000 Medallion® Qualification Miles (MQMs) after you spend $3,000 in purchases on your new Card in the first 3 months. Plus, earn a $100 Statement Credit after your first Delta purchase on your new Card in the first 3 months..

Earn 3 Miles on every dollar spend on eligible purchases made directly with Delta and on every eligible dollar spent on purchases made directly with hotels. Earn 1 mile on every eligible dollar spent on 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

This is a mid-tier frequent flyer card that offers both miles and substantial benefits.

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 , 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.

100+ business credit cards in one click

100+ business credit cards in one click

Business credit cards can make sure you always have emergency cash on hand. Browse your top business credit card matches for free and apply in minutes!

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This article was originally written on October 2, 2017 and updated on March 26, 2020.

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ABOUT AUTHOR

Jason Steele

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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