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July 17.2025
2 Minutes Read

Discover the New Changes to the American Express Platinum Business Card for Entrepreneurs

Retro-style illustration of American Express card in hand

Unlocking Value: Major Changes to the American Express Platinum Business Card

The American Express Platinum Business Card is more than just a piece of plastic; it’s a symbol of prestige and an essential tool for many business owners today. With Amex’s recent announcement of substantial updates, this card is becoming even more appealing. Here’s what you need to know about the recent changes that make the Platinum Business Card a must-have for entrepreneurs.

New Flexibility in Business Spending

Perhaps the most game-changing update is the increased flexibility in business spending limits. With Amex introducing a virtual card option for vendor-specific or one-time purchases, business owners can make transactions without the fear of card details being compromised. This means safer spending and more control over business expenditures. Furthermore, the flexible spending limit adapts based on your payment history, giving you greater adaptability as your business grows.

Generous Statement Credits for Business Purchases

Cardholders can now unlock over $2,000 in statement credits annually. This includes new partnerships with Dell and Adobe, allowing business owners to benefit from substantial savings. Specifically, after making $600 in purchases at Adobe, cardholders receive a $250 statement credit, while Dell purchases can yield up to $150 in credits. Add this to existing credits from Amex partners like Hilton and Clear, and the value becomes truly impressive.

Enhanced Airport Lounge Access

Traveling for business just got more comfortable. With over 1,550 airport lounges accessible worldwide, including 32 Amex-operated Centurion Lounges opening next year in new locations like Newark and Tokyo, business travelers can enjoy premium experiences that ease the stresses of travel while working on the go.

Redesign and Price Increase: What to Expect

With such significant upgrades, a price increase is to be expected. The annual fee has jumped to $695 from $595, but it comes with enhanced aesthetics and functionality. American Express plans to redesign the card to appeal to a younger demographic, particularly Gen-Z, ensuring that it remains relevant in a rapidly changing market.

New Employee Options for Your Business Team

Recognizing the importance of team dynamics, Amex is introducing an Employee Business Platinum Card available for a more affordable $350 annual fee. This is beneficial for businesses looking to expand credit facilities for their teams without imposing high costs. Furthermore, the ability to provide an Employee Business Expense Card with no annual fee allows companies to promote responsible spending among staff while enjoying certain benefits.

The Future of Business Spending with American Express

These updates signal a bold move by American Express to capture new customers and maintain relevance among established users. As businesses adapt to an evolving economic landscape, these enhancements appear aimed at providing value that resonates with modern entrepreneurs. Entrepreneurs now have a choice to make informed decisions based on these updates when considering a business credit card that aligns with their growth strategies.

Get Help Selecting a Preferred Provider and make the most of your credit options to fuel your business growth.

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