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The Platinum Business Credit Card is issued by American Express.
This card received a rating of 5.00 out of 5.00 |
| Basic Credit Card Information |
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| Introductory Rate: |
0% APR for 12 Months |
| Time Period: |
12 months |
| Rate Applied To: |
Purchases |
| Additional Details: |
A 4.99% introductory rate is available on balance transfers for the life of the loan if a transfer is submitted during the application process or posted within 45 days. Introductory rate applies to purchases made using the card at physical locations. |
| Regular APR: |
As low as Prime + 2.99% |
| Variable or Fixed: |
Variable |
| Annual Fee: |
$0 |
| Annual Fee Details: |
None |
| Application Fee: |
n/app |
| Participation Fee: |
n/app |
| Reload Fee: |
n/app |
| Inactive Fee: |
n/app |
| Total First Year Fees: |
n/app |
| Type Of Rewards: |
Point |
| Be sure to read the card's Terms and
Conditions before applying! |
| Credit Card Review |
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The Platinum Business Credit Card, issued by American Express®, is an ideal card for business owners with good credit who prefer to manage all business-related expenses on one credit card and plan to carry a revolving balance.The card has a reasonable interest rate for those who qualify, providing a low cost option for paying business expenses over time. The card also offers a 0% introductory rate for twelve months on purchases and a fixed 4.99% introductory rate for the life of the loan on balance transfers made during the application process or posted to the account within 45 days.Those who are familiar with American Express® cards know that a variety of services and benefits are available to cardholders that include various purchase security features, up to $100,000 in travel accident insurance, and special discounts at participating merchants including AT&T®, FedEx®, 1-800-FLOWERS.COM®, and Hertz®. However, it is important to review the disclosures for participating merchant discounts, as restrictions and limitations do apply in order to take advantage of the discounts. Cardholders are also granted access to the Membership Reward Express® program for no additional annual fee. The program offers cardholders the opportunity to redeem accumulated points for various services and benefits. For those who are not familiar with the Membership Reward Options program, it is one of the most flexible credit card reward programs available as it has no yearly limit and no expiration applied to earned points.Therefore, those who qualify for the lowest rate offered, are planning to carry a revolving balance (due to the reasonably low interest rate), and will be able to take advantage of the discounts and reward program offered may find The Platinum Business Credit Card beneficial.
This review was updated 2008-08-19T00:00:00.0000000-07:00
| Reward Program Information |
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| Type Of Rewards: |
Point |
| Reward Program Optional: |
Yes |
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Optional programs may have a fee. See Terms and
Conditions for details. |
| For Cards with Cash Back Incentives |
| Lowest Possible Rebate: |
n/app |
| Highest Possible Rebate: |
n/app |
| Additional Rebates: |
n/app |
| Rebate Details: |
n/app |
| For Cards with Point Incentives |
| Points Per Dollar Spent: |
1 Point |
| Additional Points: |
None |
| Point Details: |
Points are redeemable for merchandise, entertainment, and travel related benefits. |
| For Cards with Airline Incentives |
| Miles Per Dollar Spent: |
n/app |
| Additional Miles: |
n/app |
| Program Details: |
n/app |
Rewards Expiration Period: None
Annual Limit: None
| Additional Credit Card Perks |
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Various Internet account related services.
Purchase protection.
Extended warranty for purchases.
Up to $100,000 in travel accident insurance.
Lost luggage insurance.
Auto rental insurance.
Emergency card replacement.
Access to OPEN: The Small Business Network services.
Option to enroll in the fee-free Membership Rewards Express® program.
Discounts at FedEx®, Hertz®, AT&T, and other participating merchants.
See website for additional benefits.
Special Notations about the The Platinum Business Credit Card
Card is currently unavailable to residents of Puerto Rico.
The APR for purchases varies according to the applicant's credit history and will be 2.99%, 4.99%, 6.99% or 9.99% + Prime Rate.
See website for complete terms and conditions of card usage and application disclosure.
Always read the credit card's Terms and
Conditions before applying!
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