A lot of people wondered whether Amex would increase the annual fee on their Platinum business card – along with the increased benefit coming soon – as they did with their personal Platinum card.
Amex has confirmed that the annual fee on the Business Platinum card will remain at $450.
This is a vital detail. The primary benefit now of personal version > business version is the $200 Uber credit. Those who don’t Uber much might elect to stick with just the business Platinum card for most of the same benefits as the personal card. Note, the 5x airfare is also better on the personal card since it works on direct flights without the need to book through Amex Travel.
Both cards are now way more likely to be ‘keeper’ cards for the long term. If you Uber a lot, you can get recoup ~$400 with the personal Platinum card with the airline and Uber credits. If not, the business Platinum might be worth the $450 annual fee for it’s benefits (50% redemption bonus, 5x amextravel, and 1.5x on purchase $5k+), along with the $200 airline credit.
We’ll have a complete FAQ about the Business Platinum changes at a later date, as we did with the personal Platinum card.
Hat tip to Viewfromthewing
