Question 1

Does the Amex Platinum Business Card come with a pre-set spending limit?

Accepted Answer

The Amex Platinum Business Card is a Charge Card which comes with flexible spending power, also known as no pre-set spending limit3. This means that the amount you can spend is dynamic and can adapt based on your transaction patterns, your Business’ credit rating and other factors. The way you use your Card can help your spending power grow, particularly in the first few months. To help maximise your spending power, you can make regular transactions and don’t miss any payments.

Question 2

What is the Card Fee for the American Express Platinum Business Card?

Accepted Answer

The Amex Platinum Business Card has an annual Card Fee of $1,750 p.a.

Question 3

What are the benefits of using the Amex Platinum Business Card?

Accepted Answer

The Amex Platinum Business Card is a Premium Card that offers elevated rewards, travel benefits and cash flow solutions to support your Business. Here are some of the main ones:
- Cash flow support: Extend your cash flow with up to 55 days to pay for purchases and grow your purchasing power over time to meet your Business’ needs with flexible spending power.
- Travel benefits: Access over 1,550 airport lounges worldwide including The Centurion® Lounge network and Priority Pass, gain elite status with the loyalty programs of Hilton Honors, Marriott Bonvoy and Radisson Rewards, get complimentary annual membership to ALL Accor+ Explorer, as well as complimentary Travel Insurance when you pay for your return trip with your Card (Terms, conditions, cover limits and exclusions apply including but not limited to age limits when travel is purchased, pre-existing medical conditions and other exclusions).
- Rewards: Earn 2.25 points per $1 spent on eligible purchases (excluding government bodies, which earn 1 point per $1 spent) and transfer your points to wide range of hotel and airline transfer partners.
- Business tools: Get up to 99 Employee Cards at no extra cost to get greater visibility on staff spend and earn rewards points on their eligible Card spend. Link your Card’s transactions to accounting software such as Xero, Quickbooks and MYOB to streamline your business’ financial reporting.

Question 4

How can I use Amex Membership Rewards® points on the Card?

Accepted Answer

Whether it’s on travel, using points to shop online or reducing your Account balance, the Amex Membership Rewards Program lets you choose from a wide range of rewards:
- Use Points for Purchases: You can use your points to pay for eligible purchases on your Card or use a combination of points and payment. You can also use your points to pay for your annual fee on selected Cards or to get a credit on your Account.
- Use Points to Travel: You can transfer your Membership Rewards points to a wide range of airline and hotel partner programs; or use your points to book flights, hotels or car rental with Amex Travel Online.
- Use Points for Gift Cards: You can redeem your points for Gift Cards from leading brands and retailers to reward your employees, your clients or yourself.

Question 5

Can I pay for my purchases over time?

Accepted Answer

The Amex Platinum Business Card comes with Flexible Payment Option. FPO is an existing line of credit feature embedded into your Charge Card, allowing you to free up cash flow. Instead of paying your balance in full each statement period, you can choose to pay off a portion of it (up to your FPO limit) over time (interest charges apply).

Question 6

How can I pay my suppliers if they don't accept Amex or Card payments?

Accepted Answer

You can apply for American Express AccessLine with the Amex Platinum Business Card to make domestic payments to virtually any Australian business, even if they don’t take Card payments. It is an easy-to-use payment portal which allows you to use your Amex Card to pay directly into your supplier’s bank account. Please note that a Trade Service Fee of up to 2.15% applies to all AccessLine transactions (unless we advise you otherwise).

Question 7

How do I upgrade to the Amex Platinum Business Card?

Accepted Answer

If you are a current Amex Business Card Member, you may be eligible to upgrade your current Card to the Platinum Business Card. To see if you are eligible, call the number on the back of your Card.

Question 8

How can I get the most value from the Amex Platinum Business Card annual fee?

Accepted Answer

Here are some benefits which could help you maximise the value you get for the $1,750 Annual Fee charged for the Card.
- Spend with Dell Technologies online or via phone and receive your purchase amount back as a credit up to $125 per redemption period. (Enrolment required. Benefit ends 31 December 2026. Exclusions apply.)
- Complimentary membership to ALL Accor+ Explorer valued at $349 (enrolment required).
- Access to Fine Hotels + Resorts with complimentary benefits that offer an average total value of US$550 per stay.