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Business owners can pick up 100,000 bonus points with Amex’s top-tier business card

American Express are offering of 100,000 Membership Rewards points bonus to new Card Members of the American Express Platinum Business Charge Card until 3 July 2019.

The card is aimed at large business spenders who are looking for high points earn rates on travel and business expenses, along with Amex Platinum service and travel benefits.

The 100,000 Membership Rewards points can be transferred to Qantas, Velocity, Asia Miles or KrisFlyer (and more) and are available to those who spend $5,000 on the card within the first two months of membership.

The physical card got a makeover last year, with the card now being fully metal and looking very upscale.

The sign-up bonus will help offset the cost of the annual fee in the first year, so you could use the initial year to test whether you are getting real value from the card that can be earned in subsequent years—or that’s the theory, at least.hotel

How you could use the bonus points from this card

All redemption figures shown are examples only and exclude accompanying taxes and fees. Points redemption price data is provided by a third-party, so inaccuracies may be present. Please check with the airline directly for a complete and accurate total redemption cost.

Card Details

CardAmerican Express Business Platinum Charge Card
Loyalty ProgramAmerican Express Membership Rewards
Points earned from spendEarn 2.25 points per $1 spent on all purchases, except those in the 1 point category
Earn 1 point per $1 spent with government bodies
Travel BenefitsGlobal and domestic lounge access, Platinum Business Concierge service
Included InsuranceTravel insurances, purchase protection, monthly business expense and car rental damage waiver (PDS)
Overseas transaction fee3% of the converted amount
Annual Fee$1,750 p.a.

Effective Frequent Flyer Program Point Earn Rates

Frequent Flyer ProgramAll spend except on government bodies
Qantas Points1.125 points / $
Velocity Points1.125 points / $
Singapore Airlines KrisFlyer Miles1.125 miles / $
Cathay Pacific Asia Miles1.125 miles / $

Key eligibility requirements for the American Express Business Platinum Charge Card

  • Have a personal gross (pre-tax) annual income of $75,000 or more
  • Operate a trading ABN or ACN

There are no requirements for the self-employed to have been trading for 18 months or 12 months if they hold another American Express card when considering the Platinum Business Charge Card. Therefore, this card could be an alternative to the personal Platinum Charge card.

Key differences to the personal Charge card

  • 55 days cash flow
  • Dedicated Account Management
  • Up to 99 additional card members
  • No $450 travel credit
  • No complimentary guest privileges for Priority Pass lounges (guests are charged US$27 each)

For many people, the personal Platinum Charge card could be a more appropriate card. For those who have a lot of business-related spend then the Platinum Business Charge Card could be useful and can provide additional cash flow to businesses.

Platinum Business is a charge card

This is a charge card, which means that the balance of the card must be paid for in full each month, as opposed to a credit card, where you can carry your balance over to the next month.

American Express offer some more detailed information regarding the differences between a charge and credit card here.

Benefits of the Business Platinum Charge Card

The benefits of the Business Platinum Charge card include (take a deep breath):

  • Earn Membership Rewards points, including the ability to transfer to Qantas Points
  • 99 additional card members free of charge
  • 55 days cash flow and Dedicated Account Management
  • Global and domestic lounge access: American Express, Virgin Australia and Priority Pass
  • Benefits when utilising travel booking services when using American Express Travel
  • Travel insurances (including points redemption bookings) and purchase protection, monthly business expense, car rental damage waiver and breakdown cover (read full PDS here)
  • Complimentary annual digital multi-service subscription to the Australian Financial Review
  • Platinum’s By invitation only program, which gives access to events and experiences that are not open to the general public

Earning Points from Spend on the Platinum Business Charge Card

With the American Platinum Business Charge Card, you’ll be earning Membership Rewards Ascent Premium points.

In short, Membership Rewards partners with the major frequent flyer programs in the region as a flexible points program, which allows on-demand transfers of your points over to the frequent flyer program at your request.

On top of the standard benefits of Membership Rewards points, Platinum Business Charge Card account holders are also able to transfer their points to Qantas Frequent Flyer, one of only a couple of cards in the market that can do this since it earns Membership Rewards Ascent Premium points (rather than earn directly into Qantas Points).

The Platinum Business Charge Card earn rates are as follows:

  • Earn 2.25 points per $1 spent on all purchases, except those in the 1 point category
  • Earn 1 point per $1 spent with government bodies

The ability to earn 2.25 points per $1 on utility transactions including gas, water, electricity providers and insurances is a big plus for the card. You can also earn 1 point per $1 on all government spend such as at the Australian Taxation Office, Australia Post, federal/state and local government bodies.

Lounge access

There are several airline lounge options you can take advantage of as a Platinum Business Charge Card Member.

Virgin Australia offers the primary Card Member unlimited access to Virgin Australia lounges—and you’ll also be able to bring in a guest travelling with you. You’ll need to be travelling with Virgin Australia to gain access.

Virgin Lounge Melbourne Interior-w

The Virgin Australia Lounge in Melbourne

American Express also has growing network of Amex-branded airline lounges globally, including one in Sydney Airport’s International Terminal and another at the Melbourne Airport.

American Express Sydney Lounge 2

Generally, you can bring two guests to the American Express lounges, as well as children travelling with you, and with the Platinum Charge you may be able to access the Sydney lounge, the Melbourne Lounge and others globally on an unlimited basis.

You’ll receive a Priority Pass lounge membership for you and an additional card member, which now includes eateries at Sydney, Melbourne and Brisbane Airports. Guests are charged US$27 each.

(There is also a 10% discount on paid Priority Pass memberships here for Point Hacks readers.)

Another lounge network Platinum Charge Card Members get access to is Plaza Premium, which operates a small number of about 50 high-quality lounges worldwide, including a great lounge in Brisbane’s International Terminal. You can read more in our Plaza Premium guide.


The Plaza Premium Lounge in Brisbane

Additionally, when travelling with Delta, a Platinum Charge Card Member can access Delta SkyClub lounges.

Access to travel booking benefits and services through American Express Travel

American Express Travel is available to all Amex Card Members, but Platinum Business Charge Card Members receive additional value. The benefits are now similar to those of the personal Platinum Charge, with the biggest difference being the lack of travel credit.

For Business Class fares, Amex Travel has competitive pricing and has access to a wide range of discounts that may not be publicly available.

This is primarily across their partner airlines: British Airways, Delta, Emirates, Etihad, Singapore Airlines, South African Airways and Virgin Australia.

Beyond airfare, there are also a number of partner independent hotel chains which offer some exclusive benefits when booking through American Express Travel.

There’s then the major hotel program benefit – American Express Fine Hotels and Resorts.

American Express Fine Hotels & Resorts is only for Platinum Charge Card Members

American Express Fine Hotels & Resorts is a unique benefit for Card Members, which offers more hotel benefits when booked through American Express.

Amex FHR Website

With many Fine Hotels & Resorts bookings you’ll also continue to receive points and status with the parent hotel loyalty program too.

The benefits may include:

  • An on property benefit, often $100 USD in credit per stay
  • 12pm check in
  • Room upgrade if available
  • Free breakfast
  • Guaranteed 4pm late checkout
  • Free wifi

Business Platinum Card Members also have access to The Hotel Collection, which is a smaller set of high-end (as opposed to ultra high-end) properties, where they can get a free room upgrade and US$100 hotel credit.

Complimentary hotel status

The Platinum Business Charge Card comes with a range of hotel and other elite status benefits. We’ve covered off exactly what you’ll receive in a dedicated guide, but the key benefits are Marriott-Starwood Preferred Guest Gold Elite, Hilton HHonors Gold, and Radisson Rewards Gold Elite status.

Complimentary Accor Plus membership

Also included with the Platinum Charge is a complimentary membership to Accor Plus, which has an annual fee of $395 if bought separately.

This membership offers benefits such as a free night at a hotel in the Asia-Pacific each year you hold the card and the potential for large discounts at restaurants within hotels, even when you are not staying at one.

Travel and other insurance

It is difficult to provide too much commentary on the card’s insurance coverage given that each person’s insurance needs are different, so check out the full Platinum Business Charge Card Insurance PDS and assess whether it will cover your needs.

Depending upon the type of cover, the insurance is activated by either just being a Platinum Business Charge Card Member, or by making a purchase of an eligible item.

The insurances included are:

  • Monthly Business Expense Insurance, where the Card Member will receive protection in the event of they are temporarily unable to run their business, to a maximum of $12,000
  • Travel insurance, including for points redemption bookings from using points earned by your Platinum Business Charge Card
  • Purchase protection
  • Roadside assistance insurance
  • Up to $125,000 of Loss Damage Waiver insurance for rental cars

This guide references some of the benefits of insurance policies provided with this card.

You should read the PDS and obtain independent professional advice before obtaining this product.

Complimentary Digital Multi-Device Subscription to the Australian Financial Review

Tailored to Platinum Business Charge Card Members is a free annual digital subscription to The Australian Financial Review.

American Express Apple Pay & Android Pay support

American Express cards support both Apple Pay & Android Pay, meaning you can use this Card on your smartphone for easier payments. Find out more in our guides for each of the compatible services.

Business owners can pick up 100,000 bonus points with Amex’s top-tier business card was last modified: May 13th, 2019 by Daniel Sciberras

Eligibility criteria for bonus points for existing American Express Card Members

American Express are quite specific about whether existing Card Members will be eligible for bonus points if they apply for a card, are approved, and meet the minimum spend criteria.

Card Members who currently hold or who have previously held any Card product issued by American Express Australia Limited in the preceding 18 month period are ineligible for this offer.

American Express don’t allow existing Card Members, even for different types of American Express cards (e.g. Charge, Credit or Business) to be eligible for bonus points offers for cards in a different family.

Business owners can pick up 100,000 bonus points with Amex’s top-tier business card was last modified: May 13th, 2019 by Daniel Sciberras

Summing up: American Express Platinum Business Charge Card

With a large annual fee, the expectation is that this card should tick all the boxes, and while the card does offer some very nice benefits, it is different to its personal card equivalent, the Platinum Charge card.

If you are a frequent traveller with a high spend, have a lot of business spend to put into the card, and are likely to utilise the softer benefits such as insurance protections, then this card may be for you.

But given the high cost of the card, a serious cost-benefit analysis should be undertaken before considering it.

Business owners can pick up 100,000 bonus points with Amex’s top-tier business card was last modified: May 13th, 2019 by Daniel Sciberras

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  1. JSTPH

    Hi. There appear to be two versions of the Amex AU website. One does NOT include Delta and Plaza lounges for the Business Platinum and the other does.

    Given that the PP program has the settle “no free guest” with the Business Platinum card, can you or any holder of the Business Platinum please confirm if you have access to Delta/Plaza please?

    The two conflicting sites are:


    • Good question. If you navigate to Business Platinum card’s landing page > Travel tab > Worldwide Airport Lounge Access, you’ll find:

      The American Express Global Lounge Collection℠1

      1,200+ lounges. 500+ airports. 130 countries and counting1.

      The Centurion® Lounge
      International American Express Lounges
      Plaza Premium Lounges
      Virgin Australia domestic Lounges when flying Virgin Australia
      Delta Sky Club® Lounges when flying Delta
      Priority Pass Lounges (enrolment is required)

      Hope that helps!

      • JSTPH

        Thanks for the reply, Matt. It is very interesting. I read through the entire T&C for the business platinum. No mention of Delta or Plaza lounges…

  2. Sam

    Hi Keith, just want to point out that the Priority Pass membership given by the Business Charge card is different to the personal version, the business version does not offer free guest at all, I used it a few times to bring a guest in and got charged everytime, called Amex to double check and they confirmed that there is no free guest on the business charge version of priority pass.

    • You have the correct information. We have reached out to Amex and they have confirmed that the personal version allows for one complimentary guest but the business version doesn’t. Thank you for bringing this to our attention. We have updated this and all relevant guides.

  3. Fred

    I have just got my Platinum Business Charge. How/when do I get my priority pass access? Does the same apply to the supplementary card holder?

    • The terms and conditions state it can take up to eight weeks to receive your card/s. I would recommend contacting Amex to ensure your supplementary cardholder also gets theirs sent out.

  4. Hey Keith,

    Is this article outdated or is it still relevant today? I’ve been trying to look for biz class tickets on Qantas points from Sydney to Dubai, you have an estimate on your site of 112 thousand points but when I check the Qantas site it says 570 thousand points. That’s a huge difference, am I doing something wrong? Or, (the more likely outcome) I read something wrong?

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