Which American Express Business Card Is Best for Your Business?

See which American Express business card is right for you.

Update: Some offers mentioned below are no longer available or the benefits and terms have changed. View the issuer’s site for current information. 

When it comes to choosing an American Express business card, the choices can be overwhelming. Instead of bombarding you with every option American Express offers, here’s a look at three of Amex’s most popular business cards that will appeal to different types of business owners. Whether you’re a frequent business traveler, a category spender or you need a card that gives you a little extra time to pay, you’ll find an option here.

Keep reading to find out if one of these three Amex offerings would allow you to capitalize on the card benefits it offers.

American Express Business Cards at a Glance

American Express Business Cards
Card Name Annual Fee Welcome Offer Rewards
American Express Business Gold Rewards Card $0 for first year; then $175 Earn 50,000 Membership Rewards points after spending $5,000 in purchases within first three months Earn 2x to 3x points within five designated spending categories; 1x points for all other purchases
American Express Business Platinum Card $450 Earn up to 75,000 total Membership Rewards points; Earn 50,000 after you spend $10,000; Earn 25,000 points after you spend an additional $10,000  within the first three months 5x Membership Rewards points on flights and prepaid hotels when booked via amextravel.com; 1.5x Membership Rewards points per dollar for each single purchase of $5,000 or more; and 1x points on all other eligible purchases
American Express Plum Card $0 for first year; then $250 Earn up to $600 cash back: $200 statement credit for each $10,000 in purchases, up to $30,000, within the first three months.
Get Credit Card Perks

Solid Advice: Entrepreneurs Recommend Their Favorite Small Business Credit Cards

Best Features of American Express Business Gold Rewards Card

The Amex Business Gold Rewards Card offers business users no preset spending limit and some flexibility when it comes to earning rewards. Reward categories include airfare, advertising, gas, shipping, and computer hardware, software and cloud computing services.

Cardholders can choose one of the five categories to earn 3x points each year. Purchases in the remaining four categories will earn 2x points, and all other purchases will earn 1x points. The 3x and 2x earnings tiers apply to up to $100,000 in purchases per category.

Best for: Businesses who have regular expenses within at least one of the card’s designated reward categories


  • No annual fee the first year 
  • Earn 3x points in the category of your choosing 
  • No preset spending limit; allows for larger purchases


  • Can’t carry a balance unless you qualify for Pay Over Time feature
  • High annual fee of $175 after the first year
  • For rewards: Airfare must be purchased directly from airline; no third party sites
Get Credit Card Perks

Best Features of American Express Business Platinum Card

Although the American Express Business Platinum Card — which is the counterpart to the American Express Platinum card — has one of the most impressive introductory offers in the industry of up to 75,000 American Express reward points, the required spend amount is pretty steep: $20,000 within the first three months.

The high annual fee this card carries might also seem daunting at $450, but with it you’ll get some really nice travel perks, such as a $200 airline fee credit, 3.5 extra points for every 10 points of rewards points redeemed for first or business class flights and 5x points for flights and prepaid hotels booked on amextravel.com.

Other travel perks include complimentary access to Airspace Lounges, 10 complimentary single-flight segment passes for Gogo in-flight internet each year, Hilton Honors Gold status enrollment and more. 

Best for: People who frequently travel for business


  • Premium travel perks
  • Impressive point-value welcome offer
  • No preset spending limit


  • High annual fee of $450
  • Low rewards rate for non-travel purchases

Best Features of American Express Plum Card

Unless you’re planning to use the American Express Plum Card to spend big with the first three months — a total of $30,000 — you’ll never see the $600 cash back award. You can, however, receive a $200 cash back award for every $10,000 you spend in the first three months with the card. In addition, the card offers no preset spending limit and an early pay discount of 1.5 percent. You’ll also have the option of taking extra days to pay your entire bill. As long as you pay at least the minimum payment due plus any previously deferred balances by the due date, you can defer the rest of the balance until the next billing cycle without additional interest. 

Get Credit Card Perks

Best for: Business owners with cash flow fluctuations


  • $600 cash back award
  • $0 introductory annual fee
  • Early pay discount; issued as a 1.5 percent statement credit 
  • Extra days to pay


  • High annual fee of $250 after first year  
  • Other cards can provide a better rewards benefit than the 1.5 percent statement credit

American Express Business Cards Designed for Big Spenders

All three of the American Express business cards reviewed require some pretty heavy spending to reap all of the available rewards. Business owners who intend to spend in the amounts required to score the rewards might want to consider one of these cards. However, prospective cardholders should also weigh the cost of the high annual fees that each card carries. Additionally, it’s worth noting that each of these cards is a charge card, which generally must be paid off monthly.

Click through to read about some of the other best business credit cards available.

More on Credit Cards

Editorial Note: This content is not provided by American Express. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone and have not been reviewed, approved, or otherwise endorsed by American Express.

Get Credit Card Perks

About the Author

Cynthia Measom

Cynthia Measom is a personal finance writer and editor with over 12 years of collective experience. Her articles have been featured in MSN, Aol, Yahoo Finance, INSIDER, Houston Chronicle, The Seattle Times and The Network Journal. She attended the University of Texas at Austin and earned a Bachelor of Arts degree in English.

Read More

Best Bank Accounts of May 2022

Untitled design (1)
Close popup The GBR Closer icon

Sending you timely financial stories that you can bank on.

Sign up for our daily newsletter for the latest financial news and trending topics.

Please enter an email.
Please enter a valid email address.
There was an unknown error. Please try again later.

For our full Privacy Policy, click here.