American Express, Business Platinum & The Mysterious Case Of The Waived Annual Fee

What’s Happening?

At the start of October we shared a post by Travelling The World stating that they signed up for the American Express Business Platinum Card and when they received their card member agreement it showed that the annual fee was waived for the first year.

amex-business-platinum

They recently received their first statement from American Express and the annual fee of $450 didn’t post yet either. At first I just thought this was an isolated case, but there are now lots of reports from this reddit thread stating that their card member agreement also shows a waived annual fee for the first year. Keep in mind that the American Express Business Platinum is currently offering a sign up bonus of 100,000 points (if you use a referral link, the person’s link you use will also receive 25,000 points, update: These links might not trigger the $0 AF first year terms and conditions).

What Will Happen?

This is obviously not intention, all of the sign up pages currently show an annual fee of $450 (and no mention of it being waived the first year). If you sign up for this card, you should be 100% expecting to pay and be happy to pay the $450 annual fee. I assume American Express will send out some sort of correction letter regarding this, the other alternative is they will look for reasons to deny people the 100,000 point bonus.

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