The phrase “This card has an annual charge of almost $700” tends to trigger many individuals’s jaws to drop. The final response, from most individuals, is that there is merely no method paying a excessive premium annual charge is price it.
The Enterprise Platinum Card® from American Categorical has an annual charge of $695 (see charges and costs), but the cardboard claims to supply greater than double that in annual credit and perks.
Does that imply it’s best to add the Amex Enterprise Platinum to your pockets? It relies upon.
Here is a take a look at what you get from the Amex Enterprise Platinum every year so you’ll be able to resolve whether or not or not this card is an effective match for you.
Associated: Who ought to (and should not) get the Amex Enterprise Platinum?
Welcome bonus
New candidates can earn 150,000 bonus factors after spending $20,000 on purchases inside the first three months of card membership. Plus, you’ll be able to earn a $500 assertion credit score after spending $2,500 on qualifying flights booked instantly with airways or by American Categorical Journey within the first three months of card membership. You may earn one or each of those affords. (Supply ends June 30.)
In keeping with TPG’s Could 2025 valuations, American Categorical Membership Rewards factors are price 2 cents apiece, making this bonus price as much as $3,500 (together with the assertion credit score).
Associated: Tips on how to redeem American Categorical Membership Rewards for optimum worth
Lounge entry
Those that have the Amex Enterprise Platinum (much like The Platinum Card® from American Categorical) can entry a variety of lounges, together with:
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You may seek the advice of the International Lounge Assortment’s on-line search operate to seek out lounges accessible in your subsequent journey. Entry is restricted to eligible cardmembers.
When visiting these lounges, you’ll be able to get pleasure from advantages like complimentary snacks, meals, drinks (typically together with free alcohol) and free Wi-Fi. Sure lounges could have higher advantages, reminiscent of full meals, showers, kids’s play areas and extra. Phrases apply.
Associated: Information to lounge entry with the Amex Platinum and Enterprise Platinum
Lodge elite standing
Cardmembers can register for automated elite standing with Hilton Honors and Marriott Bonvoy. This profit supplies Gold standing in each packages. Enrollment is required; phrases apply.
Hilton Gold standing is a really worthwhile lodge standing that gives advantages like bonus factors on paid stays, complimentary bottled water, a fifth night time free on award stays, room upgrades (although to not suites), and free continental breakfast or meals and beverage credit.
Marriott Bonvoy Gold Elite standing can be very worthwhile and supplies advantages like late checkout, room upgrades (although to not suites), bonus factors on paid stays, enhanced web and a welcome reward of bonus factors at check-in.
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Automotive rental elite standing
Cardmembers can enroll for complimentary elite standing with Avis Most well-liked, Hertz Gold Plus Rewards and Nationwide Emerald Membership. Advance enrollment is required for these advantages; phrases apply.
Rental automobile elite standing supplies advantages like automobile upgrades, a free second driver and my favourite profit: skipping the road and going straight to your automobile initially of your rental. Among the best advantages of automobile rental elite standing in any program is the flexibility to standing match with different rental automobile packages, serving to you acquire standing in quite a few packages concurrently.
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Pay with Factors perk
When utilizing factors to pay for a flight by Amex Journey, Enterprise Platinum cardmembers can get 35% of their factors again. This is applicable to 2 varieties of bookings: flights in any cabin together with your preselected most popular airline and flights with any airline if the reservation is for enterprise class or first-class.
Cardmembers can get pleasure from as much as 1 million factors refunded by this profit yearly. Reaching this most bonus would require spending 2,857,143 factors inside a calendar yr utilizing the Pay with Factors characteristic to ebook qualifying flights. Phrases apply.
Associated: Why I really like the Amex Enterprise Platinum’s Pay With Factors perk
High-quality Resorts + Resorts and The Lodge Assortment
FHR stays embrace advantages like day by day breakfast for 2, late checkout, complimentary Wi-Fi and room upgrades (if out there at check-in). Every keep additionally features a distinctive expertise credit score price $100, usually within the type of eating credit or spa credit.
THC stays embrace room upgrades (if out there at check-in) and a $100 property credit score (with bookings of two consecutive nights or extra) to spend on qualifying eating, spa and resort actions. Phrases apply.
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Bonus factors for airfare and accommodations
This incomes fee additionally contains bookings with High-quality Resorts + Resorts and The Lodge Assortment.
Associated: Get free breakfast, room upgrades and extra with the Amex High-quality Resorts + Resorts program
International Entry or TSA PreCheck utility charge reimbursement
Cardmembers can obtain assertion credit to reimburse their utility charges for International Entry ($120) or TSA PreCheck (as much as $85). This profit is offered each 4 years for International Entry or each 4 1/2 years for TSA PreCheck. Phrases apply.
These packages enable accepted vacationers to maneuver by airport safety checkpoints sooner, utilizing PreCheck lanes at designated airports. International Entry customers have an extra profit: They will use designated lanes when getting into the U.S. to maneuver by passport management sooner.
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Annual Clear Plus membership credit score
Clear isn’t a authorities safety program, nevertheless it does assist accepted customers pace by safety checkpoints at airports and choose stadiums utilizing biometrics.
Enterprise Platinum cardmembers can obtain reimbursement in assertion credit of as much as $199 per calendar yr for Clear Plus membership charges. Enrollment is required for this profit; pay together with your Enterprise Platinum card to robotically obtain an announcement credit score (topic to auto-renewal; phrases apply).
Associated: 7 methods to get free or discounted TSA PreCheck, International Entry and Clear
Annual airline assertion credit every calendar yr
Touring can typically include expensive charges that present up within the type of paying for checked luggage or upgrading to a greater seat in your flight. Thankfully, Enterprise Platinum cardmembers can offset these charges with as much as $200 in assertion credit for airline incidental charges per calendar yr.
Enterprise Platinum cardmembers can select one of many following airways as their most popular airline: Alaska Airways, American Airways, Delta Air Strains, Hawaiian Airways, JetBlue Airways, Spirit Airways, Southwest Airways or United Airways.
Earlier than utilizing this profit, it’s essential to select a most popular airline. The profit can cowl change and cancellation charges, seat choice charges, improve charges, checked bag charges and extra. Enrollment is required; phrases apply.
I take advantage of this $200 annual credit score on United and replenish on Travelbank credit score, which basically takes $200 off the price of my ticket.
Associated: Tips on how to use the Amex Platinum $200 airline charge credit score
Quarterly Hilton assertion credit
You may earn the credit score just by making a purchase order instantly with a Hilton portfolio property utilizing your Enterprise Platinum card. Eligible costs embrace room charges, incidental purchases, together with eating and room service, and spa remedies.
It is essential to notice you will must enroll within the Hilton for Enterprise program to be eligible for the assertion credit score. For those who’re not a member of Hilton for Enterprise, you will be registered whenever you enroll within the card’s profit.
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Annual spending assertion credit
The Adobe credit apply to pay as you go enterprise plans for Artistic Cloud for groups or Acrobat Professional for groups. The wi-fi companies profit is offered as as much as $10 per thirty days in assertion credit for U.S. wi-fi cellphone service plans paid for together with your Enterprise Platinum card.
You may obtain as much as $90 of assertion credit per quarter with Certainly. The Dell profit supplies as much as $200 in assertion credit semi-annually.
Enrollment is required upfront for a few of these advantages; phrases apply. Maximizing these advantages supplies $1,030 in assertion credit every year.
The Adobe and Dell credit are altering July 1.
Associated: 9 issues to do whenever you get the Amex Enterprise Platinum Card
Different cardmember perks
Cardmembers can make the most of a number of different advantages (enrollment is required for choose advantages; phrases apply).
Not all purchases can be eligible for Pay Over Time, and never paying your total stability in full every month will doubtless lead to paying curiosity. You additionally could possibly earn bonus factors by affords to enroll in Pay Over Time — and you’ll earn these bonus factors for enrolling even should you by no means carry a stability.
Paying your month-to-month cellphone invoice together with your Enterprise Platinum card can even present cellphone safety to cowl your cellphone towards loss or harm. There’s a most of $800 legal responsibility per declare, and every declare is topic to a $50 deductible. There’s additionally a restrict of two claims per eligible account in a 12-month interval.
Coated telephones are restricted to cellphone traces listed on a cell phone plan paid with the eligible card throughout the newest billing interval.** Combining this profit with the month-to-month wi-fi credit lined above is an effective way to invoke insurance coverage advantages plus a reduction in your month-to-month cellphone invoice.
One other profit out there to cardmembers is most popular entry. This could imply getting tickets to unique occasions, going to the entrance of the road for ticket gross sales on different occasions and even having access to hard-to-find eating reservations with Resy.
When making purchases, cardmembers will earn American Categorical Membership Rewards factors, that are price 2 cents per level, per TPG’s Could 2025 valuations. Cardmembers will earn 5 factors per greenback on pay as you go flights and accommodations booked by Amex Journey.
Moreover, cardmembers earn 1.5 factors per greenback on purchases of $5,000 or extra or purchases within the following classes inside the U.S.: development materials and {hardware} suppliers, digital items retailers, software program and cloud system suppliers, and transport suppliers.
Incomes 1.5 factors per greenback is restricted to $2 million of purchases; then, you will earn 1 level per greenback. All different purchases additionally earn 1 level per greenback.
*Pay Over Time disclosure: No Preset Spending Restrict means your spending restrict is versatile. In contrast to a standard card with a set restrict, the quantity you’ll be able to spend adapts primarily based on components reminiscent of your buy, cost, and credit score historical past.
**Eligibility and profit ranges differ by card. Phrases, circumstances and limitations apply. Go to americanexpress.com/benefitsguide for particulars. Insurance policies are underwritten by New Hampshire Insurance coverage Firm, an AIG Firm.
Associated: Your full information to buying protections on American Categorical playing cards
Backside line
There are quite a few advantages included with the Amex Enterprise Platinum card. Some are annual assertion credit, and others provide assertion credit month-to-month or quarterly. Different advantages do not have a tangible price ticket, and the way you worth these advantages will differ.
Suppose you should utilize advantages like lounge entry, assertion credit and different journey perks. In that case, you will simply be capable to offset or overcome the Enterprise Platinum card’s annual charge every year — making it “price it” in your scenario.
Nevertheless, for individuals who battle to make use of the cardboard’s credit or have a lot of its advantages by different credit of their wallets, it could be tough to justify paying the $695 annual charge.
To be taught extra, take a look at our full overview of the Amex Enterprise Platinum.
Apply right here: The Enterprise Platinum Card from American Categorical
Associated: Tips on how to apply for an Amex enterprise card
For charges and costs of the Amex Enterprise Platinum, please click on right here.
