The fourth and final part of this American Express Platinum Business Card series highlighted the extensive insurance benefits, the ability to add up to 99 additional cards for employees and how bookkeeping can be made easy.

In this fourth and final part of the series, we take a look at the wide range of reward point redemption options and access to premium airport lounges worldwide.

American Express Business Platinum Card benefits series

Note: This guide has been produced in partnership with American Express, a Point Hacks commercial partner.

Membership Rewards Redemption Options

Membership Rewards Ascent Premium points earned with the American Express Platinum Business Card are arguably the most valuable and flexible points in the market.

The Platinum Business card earns an impressive up to 2.25 Membership Rewards points per dollar spent on eligible purchases and those points can be redeemed with a huge range of partners. 

There are three options when it comes to redeeming points. 

You can choose to pay with points, redeem your points for gift cards, as a credit back to your account or to transfer your points to a range of hotel and airline partners. 

Gift card redemptions start at 2,000 points for a $10 gift card and some of the many partners include Coles Group & Myer, Bunnings, Amazon, BP and Flight Centre. 

Gift Cards

If you are simply looking to redeem your rewards for your business or help improve your cash flow, you may consider using points for purchases instead through ‘Select + Pay with Points‘. 

This option allows you to cover the cost of any eligible purchases you have bought on your Platinum Business card by using Membership Rewards points. 

The minimum redemption requirement is 1,000 points and redemptions can be made either online or via the American Express app. 

That debit on your account for some new business supplies could be converted into a credit within 72 hours if you have a sufficient points balance. 

Man infront of laptop

For business and personal travellers, there is also the option to transfer Membership Rewards points to a range of hotel and airline partners, including Marriott Bonvoy, Hilton Honors, Emirates Skywards and Singapore Airlines KrisFlyer.

Using points with these partners could see you score a free hotel stay or be flying business class next time you need to travel. 

You can also use points to directly help offset the cost of travel booked through American Express Travel. 

Hotel room
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Lounge Access

Holding an American Express Platinum Business card opens the doors to more than 1,300 airport lounges in Australia and around the world.

The primary Card Member, as well as additional Card Members, receive unlimited access to the American Express International Lounges in Sydney and Melbourne and the growing network of American Express Centurion Lounges around the world.   

Each Card Member can generally bring up to two guests into some of these lounges free of charge.

Centurion Lounges are rated by regular globetrotters as some of the best lounges in the world. 

But the biggest lounge network Card Members get access to is through Priority Pass

The primary Card Member, as well as one nominated additional Card Member, will receive an unlimited Priority Pass membership which also includes guest access for one person. 

Priority Pass is a network of global lounges, with American Express Platinum Business Card Members able to access all Priority Pass lounges (but excluding non-lounge experience locations such as cafes and restaurants).

In addition, all Card Members have access to the worldwide network of Plaza Premium Lounges, as well as Delta Sky Club Lounges when travelling on Delta domestically in the United States.

American Express lounge
So too are American Express and Centurion Lounges when flying internationally.


The American Express Platinum Business Card provides amazing flexibility and value, especially useful is the benefit of earning Membership Rewards Points on spend which can be used to pay for eligible purchases, redeem gift cards, statement credits or travel. The card also comes with access to a world-leading network of airport lounges, including the growing network of high-end American Express lounges to help make travel a little more comfortable. 

Rewards and Lounge Benefits that come with the American Express Platinum Business Card was last modified: May 18th, 2022 by Chris Cavanagh