The advantage of American Express is, if you have an issue with a purchase they take it off your account and they deal with it. The other banks don’t give this service. I never have to take breath to see if a charge goes through. It always works. Thank you AmEx.
The Platinum Business Card’s rewards are heavily geared towards travel, so if you don’t travel a lot for work, you’ll want to look at other cards.
This business card is also difficult to get. Companies must have excellent credit and a clear, well-established credit history. However, if your business meets the requirements and involves extensive travel, then the Platinum Business Card may be an option.
The card provides the best points that can be used for travel, and It provides good travel Insurance. It is recognised all over the world.
The annual fee is expensive, however.
If the card deteriorates and needs to be replaced before the scheduled renewal, a new card with a different number will be issued. This is a hassle because all scheduled payments have to be changed.
I like this card because it is very easy to use. It has a low interest rate and I receive my statement in due time. The card also reminds me when I am due for payment. It has a good and easy reward program. I can easily increase my daily limit if I need to.
The card has lots of cashback offers for household appliances. You can get rewards points if you spend a specific amount in the 1st transaction. Many online offers in the US but very less offers in the Asia Pacific region. Wish we had more offers in the Asia Pacific region
I have had a Gold AmEx for 20 years which is great and last year added a Platinum which I use more. I enjoy it and use it for most business and personal expenses and the only downfall is that I cannot use in Aldi and some restaurants and retail outlets.
The card has an excellent reward scheme, but it is frustrating that so many organisations do not offer its use, or put a heavy surcharge on its use. The statements are clear and provide separate purchases for each card holder attached to your account which is good. The website is easy to use, and comprehensive in its coverage.
Monthly business expenses cover
Valuation based on similar monthly business expenses cover available online. Cover on this card will pay a maximum of $3,000 per month for 6 months. Pro-rata that's $2.29 per day or $835 p.a.
Valuation based on the assumption of making a $250 claim once every 5 years. There is no retail market for all-encompassing extended warranty insurance covering more than one item, so no premium saving.
Valuation based on the assumption of making a $200 claim once every 5 years. There is no retail market for this type of insurance, so no premium saving.
Refund cover if retailer refuses return
Most major retailers have 100% guaranteed returns, but not all do. Valuation assumes making a $100 claim once every 5 years.
Interstate flight inconvenience insurance
Valuation based on similar domestic travel insurance policies available online that include interstate flight inconvenience.
Overseas travel insurance
Valuation based on similar annual travel insurance policies available online. Includes cover for several items including card account balance waiver and business trip completion.
Valuation based on similar roadside assistance insurance policies available online.
Transit accident insurance
Valuation based on similar global transit accident insurance policies available online.
|Total estimated value||$2,709|
|Net customer value||$959|