American Express Platinum Business Card

The basics

• Additional cardholders. You can add 99 additional cardholders to your account for employees. The account holder will be responsible for keeping the account in good standing.
• Digital wallets. You can use this card with Apple Pay, Google Pay, and Samsung Pay.
• Gambling transactions. This card cannot be used for gambling transactions.

Rewards and benefits

• Complimentary travel insurance. This card comes with complimentary international travel insurance. The cover is offered for cardholders' personal and business-related trips. The definition of personal trips covers business trips taken on a short-term basis and will be subject to medical and terrorist exclusions. To activate the insurance, the cardholder must have used the card to pay for the travel expenses. Cover includes travel emergency medical insurance, rental vehicle loss damage waiver cover up to $125,000, personal third-party liability covers up to $3,000,000, and travel cancellation covers up to $30,000.
• Concierge services. The American Express Platinum Business Card does not offer Concierge service.
• Hotel status. Get gold status with Marriott Bonvoy, Hilton Honors, and Premium status at Radisson Hotel Group. The benefits of being gold vary between hotels, but typically you can expect early check-in / late check-out, complimentary breakfast, and room upgrades (if possible).
• Lounge access. Cardholders have access to more than 1,400 lounges globally, including access to The Centurion® Lounge, The Centurion Lounge, Priority Pass Lounges, and Virgin Australia domestic lounges when flying Virgin Australia.
• Rewards points. Use the American Express Platinum Business Card to earn 2.25 Membership Rewards points per $1 spent on eligible transactions. Cash advances do not earn rewards points. ATO and other government spend also earn points, but at the reduced rate of 1 point per $1 spent.
• Sign-up bonus. Receive 350,000 bonus Membership Rewards points when you apply by 5 November 2024, are approved, and spend $12,000 on your card within the first 3 months. New American Express Card Members only.

Rates and fees

• Annual fee. The annual fee on this card is $1,750 p.a.
• Balance transfers. There is no balance transfer offer on this card at this time.
• Foreign exchange fee. All purchases made in a foreign currency will encounter a 3% foreign transaction fee.
• Interest-free period. Extend your cash flow by up to 55 days interest-free.
• Purchases. This is a charge card with no preset limit, meaning there is no interest in purchases. The balance must be cleared every statement and cannot be carried over.