Earn 150,000 points and $500 statement credits with this AMEX Business Platinum Limited-Time offer

American Express Business Platinum Card There is a limited offer of 150,000 points and a $500 statement credit. This offer is interesting. This is because you can earn one or both aspects of the two-tier bonus depending on whether you meet the offer requirements or not.

This is the complete offer: Within the first three months, you will earn 150,000 membership reward points after spending $20,000 on eligible business platinum card purchases. Additionally, you will earn a $500 statement credit through American Express Travel along with your card after spending $2,500 on qualifying flights booked directly with the airline, or within the first three months. The offer ends on June 30th, 2025.

This offer is worth at least $2,000 for a flight, but may be far more valuable in the redemption of a particular transfer partner.

This is a two-tier offer.

1. Within the first three months, you will earn 150,000 membership reward points after spending $20,000 on eligible business platinum card purchases.

2. Within the first three months, you will earn a $500 statement credit after spending $2,500 with your card using a qualifying flight booked directly with the airline or American Express Travel.

You can get one or both of these Amex Business Platinum Offer.

We don’t like leaving some of the welcoming bonuses at the table, so we recommend working on flights worth at least $2,500 to $20,000 that we have to spend the first three months. You will then be eligible for both 150,000 points and a $500 statement credit. Of course, this strategy only makes sense if you need to book future flights.

If you can only earn 150,000 points, the offer is still worth it, but if you only qualify for a $500 statement credit, you lose much of that value.

Read the complete Amex Business Platinum Card Review

The 150,000 membership reward points value varies depending on your redemption option. Below is an example worth 150,000 points worth of various redemptions.

• Book flights: $1,500

• Book a prepaid hotel: $1,050

• Cover card fee: $900

• Receive an Olive Garden Gift Card: $1,500

• You will receive a Cheesecake Factory Gift Card: $1,275

• You will receive a Starbucks gift card: $1,050

With this sampling of possible redemptions, the bonus is worth up to $2,000 (including $500 statement credits) for a flight or specific gift card. If you choose any of the less valuable redemption options, such as card fee covering or prepaid hotel bookings, that’s significantly less.

However, there is no redemption value if you transfer points to any of the 20+ AMEX travel partners, including Air France-KLM, Singapore Airlines, and Virgin Atlantic. From our experience, you can receive more than $1,500 value when transferring 150,000 points to your transfer partner.

Related: Best Credit Card Sign Up Bonus

Consider these examples of transferring points to different Amex travel partners and get more value from rewards.

Singapore Airlines has a route from New York (JFK) to Frankfurt (FRA) where you can book 81,000 miles of business class flights and small amounts of taxes and fees. This flight is one of the best airlines in the world, and can cost over $2,600, making it well worth the points.

Singapore Airlines frequently offers discounts with Krisplyer’s voluntary escape promotion, which could reduce the award flight cost to just 56,700 miles. If you can get this transaction, this redemption is even more valuable.

Either way, you’ll still have points left for other redemptions.

How do business class flights from Seattle (sea) to Paris (CDG) ring? Only 60,000 points have been transferred to Air France-KLM Flying Blue, allowing you to make that dream a reality.

You’ll need to cover some taxes and fees, but it’s worth it given that this flight costs over $3,000. Better yet, after this redemption, there are still 90,000 membership reward points to use.

If you want to extend your points for more flights, there are plenty of opportunities to do so. Consider this economy flight with AER Lingus from Chicago (ORD) to Dublin (DUB). This flight costs $685 if you pay cash.

Working at 150,000 points, we can cover 11 of these flights (worth more than $7,500). After hearing you have booked a heavily discounted flight to Ireland, depending on the number of “family”, it is a lot of solo visits or at least a few family trips.

Amex Business Platinum charges a large fee of $695 per year (see Fees and fees), that is, to offset that amount, you need to get plenty of value from the profits of your card each year. Otherwise, it may not be worth hanging on this card every year.

Below are some simple steps to check if your card is worth it without considering the value of your welcome offer.

1. Please check if you need to pay for your card membership or annual fee.

2. See the benefits of the card and calculate its value. Don’t take into consideration the benefits of not using it. If quantifying the value of a particular benefit is difficult, this may require educated speculation.

3. Check if the total value of the profit you actually use exceeds the annual fee.

The benefits and potential value of Amex Business Platinum are:

• Reward rate: If your business spends $50,000 on your card each year, that’s at least 50,000 points (equivalent to $500 for a flight). If you spend more or qualify for a higher rate of return, you will earn more points.

• Airport Lounge Access: Paying for airport lounge access can cost between $35 and $50 or more at locations that allow paid guests. Purchase meals at the airport can cost over $15. Airport lounge perks allow you to avoid paying admission and frequently receive free food and drinks.

• $200 Hilton Statement Credit (Registration required): Eligible Hilton purchases can receive up to $200 in statement credits ($50 per quarter) annually.

• $200 Airline Fee Credit (You must choose a qualified airline): You can receive up to $200 per calendar year credits for accidental purchases, such as baggage charges made on your selected airline.

• $199 clear plus credit: Eligible Clear Plus memberships allow you to receive up to $199 per calendar year.

Using these and other benefits will not only offset the annual fees each year, but many of them are not mentioned here. Depending on the cost of your business, you can make enough money by simply purchasing to offset the fees.

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This article has been edited Alicia Hahn.

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