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Card Details

Bank Name: Amex Bank of Canada
Network Type: Amex
Card Type: Business


Annual Fee: $399
Additional Card Fee: $199
Purchases Interest Rate: 19.99%
Cash Advance Interest Rate: 22.99%


  • You're a Canadian resident
  • You've reached the age of majority in your province or territory

Business Platinum Card from American Express

Welcome Bonus: Earn 35,000 Welcome Bonus points
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Business Platinum Card from American Express snapshot

Earn a Welcome Bonus of 35,000 points when you charge $7,000 in purchases to your Card in your first three months of Cardmembership

Earning Points

Earn 1.25 Membership Rewards points for virtually every $1 in purchases charged to your Card.Earn at the same rate for virtually every dollar in purchases charged to Supplementary Cards added to your account.

All points accumulate in your account so you can get the rewards you want faster. There is no limit to the number of points you can earn and your points never expire.

As the Basic Cardmember, refer a friend or family member who is a business owner and you could earn a referral bonus of 15,000 bonus Membership Rewards points for each approved referral up to a maximum annual referral bonus of 225,000 Membership Rewards points.

Business Platinum Card from American Express Rewards
Business Platinum Card from American Express Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
Business Platinum Card from American Express User Reviews
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Business Platinum Card from American Express FAQs



You can maximize your cash flow with up to 55 interest-free days and enjoy purchasing power that adjusts dynamically with Card usage.


When travel calls, we answer. The American Express Global Lounge Collection unlocks access to more than 1,200 airport lounges across 130 countries and counting.

Expense Management Reports
Gain access to paperless Expense Management Reports delivered quarterly and annually. These reports offer:
  • The convenience of simpler tax preparation
  • The ability to sort by vendor or spend category
  • The ability to separate personal expenses from business
  • The flexibility to track and manage expenses more easily

Business Coverage

Your American Express AIR MILES for Business Card can take care of you in so many ways, wherever business takes you.
  • Disability Plan for Small Business
  • Employee Card Misuse Protection

Editor`s Review:

Earn a Welcome Bonus of 35,000 points when you charge $7,000 in purchases to your Card in your first three months of Cardmembership


In addition to the welcome offer, card holders earn five times the membership rewards points when they spend on flights and prepaid hotels purchased through AMEX’s travel website. When card holders spend on eligible purchases, you’ll earn 50% more points with a cap of one million points per year. Finally, card holders earn one point per dollar on all other purchases.


This American Express card has a lot of other perks in addition to the lucrative rewards points earnings. Business Platinum card holders receive a $200 airline fee credit, 35% of points back when eligible flights are purchased through AMEX, discounts on Global Entry and TSA PreCheck memberships, global airport lounge access and gold status at Marriott and Hilton hotels loyalty programs. There are also no foreign transaction fees on this credit card. Keep in mind that the cost of all these benefits is $595 per year, but you certainly get your money’s worth.


Points can be used to purchase anything through American Express’ rewards center. This includes travel purchases, statement credits, event tickets among many others. You definitely won’t have trouble finding something to redeem your points on as there’s something for everyone! Although, the most value will go to businesses who incur a lot of travel. Not only will you earn more points, you’ll also get better deals when redeeming points.


In terms of disadvantages, there are a few. First, this is a charge card which means that the balance is due in full at the end of every month. If your cash flow isn’t the greatest, paying the full balance every month can be problematic, particularly if you incur the high interest hikes by missing a payment. Second, if you don’t travel much, this card doesn’t make a lot of sense, especially when you consider the annual fee. Lastly, if you’re not into all the snazzy travel perks and prefer simplicity, you’re best going with another travel-based credit card.


In summary, the American Express Platinum card is ideal for business owners who have a high spending volume, travel a lot and have ample cash flow. If you’re none of those things, or simply want a more basic credit card, then consider one of AMEX’s other travel credit cards or another credit card issuer.

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