The American Express Business Platinum Card is one of the most popular credit cards among larger and reputable companies, as it offers a wide range of bonuses and excellent (travel) insurance, making it one of the most powerful credit cards for frequent travelers in the German market. In our comprehensive guide, we have gathered and compiled all the important information about the American Express Platinum Business Card for you.

To apply for the American Express Business Platinum Card, you must meet certain requirements. These include a minimum age of 18 years, a company founded more than three months ago, and a German bank account. Additionally, you must have a minimum annual gross income of €49,000 to apply for the card.

If you meet these conditions, you can easily order the card online through the American Express website. Your identity will be verified via webID or Postident.

The annual fee for this card is €700, which covers a comprehensive package. This package includes a main metal card as well as a business platinum additional metal card. Additionally, companies can get up to 98 Business Gold additional cards for their employees at no extra cost. A particularly attractive offer is the provision of 2 private Platinum Cards for the primary cardholder, consisting of a main card and an additional card for private use.

Acquiring the Platinum Card brings many benefits. Below, we have summarized the most important information for you.

The Amex Platinum frequently offers attractive bonuses for new customers, which vary every few months. The bonuses are usually distributed in the form of Membership Rewards points. These can then be converted into free miles in many frequent flyer programs such as Flying Blue. Recently, Amex offered 44,000 free miles for new customers.

Additionally, when applying for the credit card, you currently receive €200 initial credit on the main credit card.

The Amex Business Platinum Card offers comprehensive insurance coverage for all issues that may arise during a trip. This insurance coverage benefits not only the main cardholders but also all employees with additional cards.

The extensive insurance coverage includes foreign travel health insurance, which covers you during your travels. The travel cancellation insurance protects you from financial losses if unforeseen circumstances disrupt your travel plans. In case of premature trip termination or interruption, you are also well protected by the trip interruption and trip cancellation insurance. Your travel luggage insurance comes into effect in the event of loss or damage to your luggage. In case of travel accidents, you and your companions are covered by the travel accident insurance.

Additionally, the coverage includes travel inconvenience insurance for flight/baggage delays, travel personal liability insurance for liability damages abroad, as well as rental car liability insurance and vehicle assistance for car rentals.

With a Platinum Card, you also get free and unlimited access to over 1,400 airport lounges in more than 140 countries. Access to the renowned Centurion Lounges is also secured with the Platinum Card. Both primary and additional cardholders can bring one guest into the lounges for free.

A convenient overview of the various lounges can be found online with the American Express Lounge Finder.

Every time you use your credit card, you earn Membership Rewards points, with each euro spent equaling one point. You can use your collected points in a variety of ways. You can redeem your points for travel, hotel stays, car rentals, vouchers, purchases on Amazon, and much more. The points do not expire as long as you are a cardholder. If you switch your credit card, you can easily transfer your collected points to the new card.

Additional cardholders also benefit from this offer. With each additional card, you collect Membership Rewards bonus points just like with the main card. However, these points are credited to the Membership Rewards account of the primary cardholder and can only be redeemed and managed by the primary cardholder.

With the American Express Business Platinum Card, businesses can benefit from an extended payment term of up to 58 days. This means you have more time to make your credit card payments, allowing you to better manage your cash flow. A positive cash flow, the inflow of money into a business, is crucial for business success. The American Express Business Platinum Card offers this additional liquidity to efficiently use financial resources and ensure smoother business operations.

The credit limit, also known as the spending limit, is individually set for each holder of the Amex Platinum Business Card based on financial situation, creditworthiness, income, and credit reports. Generally, these credit limits are relatively high. You can view your current credit limit at any time in your online account and request an increase. The increase must be approved by American Express, and the ability to repay the higher limit will be assessed. Often, providing proof of income is necessary.

For the additional cards of your employees, business owners can set an individual limit for each card independently.

Amex also offers attractive partner cards for family members. If you already hold a Platinum Business Card, you can order an additional card for your partner at no extra cost. The amounts for this card are already covered by the annual fee. The partner card offers similar benefits as the main card. Thus, with the partner card, you can benefit from access to exclusive lounges and numerous insurances. However, the welcome bonuses and initial credits are only activated for the main card.

If you are looking for a card with different conditions from this provider, you might also be interested in the American Express Business Gold!