American Express Increases Value Available to Business Platinum Card Members to More Than $2,000 – More to Come Later This Year

NEW YORK--(BUSINESS WIRE)-- American Express (NYSE: AXP) announced that Business Platinum Card® Members in the U.S. have the opportunity to unlock over $2,000 in value in statement credits, including updated credits with Dell Technologies and Adobe that launched July 1, with more new benefits to come later this year. The changes come in advance of major updates to the company’s U.S. Consumer and Business Platinum Cards, which will mark American Express’ largest investment ever in a Card refresh.

“American Express was a pioneer of the premium card experience and is excited to bring updates to the Business Platinum Card later this year. Every dollar a business spends should work harder — toward growth, efficiency, and opportunity,” said Raymond Joabar, Group President, Global Commercial Services. “The Business Platinum Card is already a strategic asset that helps Card Members manage their business. It offers features from Virtual and Employee Cards to exceptional airport lounge experiences when traveling for business, and there is much more to come.”

Expanded Value from Key Partners

The newly announced updates for Business Platinum Card Members consist of statement credits for Dell Technologies and Adobe purchases^‡, adding to the Card’s existing benefits like a wireless credit and valuable benefits with partners Hilton and Indeed^‡. These benefits support critical business functions to help business owners operate more efficiently and effectively.

Travel Benefits Designed for Business Leaders

With travel playing a key role in many business strategies, the Business Platinum Card offers rich benefits for those on the move. With more airport lounge options than any other credit card issuer¹, the American Express Global Lounge Collection® is available to Business Platinum Card Members. This includes access to more than 1,550 lounges worldwide – including The Centurion® Lounge network, with new locations expected to open at Haneda Airport (HND) in Tokyo and Salt Lake City International Airport (SLC) in Salt Lake City in 2025, and Newark Liberty International Airport (EWR) in New Jersey in 2026. Additional travel benefits^‡ include 10 annual visits to a Delta Sky Club when flying on qualifying flights, Airline Fee Credit, a CLEAR® Plus Credit, and a fee credit for Global Entry or TSA PreCheck®.

Business Platinum Card Members have exclusive benefits at over 2,600 Fine Hotels + Resorts® and The Hotel Collection properties globally. Card Members are also guaranteed 4:00 p.m. late checkout, daily breakfast, room upgrades when available, and on-property credits at 1,600 Fine Hotels + Resorts locations^‡.

Card Options to Support Employees

Card Members can also request an Employee Business Platinum Card for an additional $350 annually per Card, which comes with access to The Centurion Lounge, 10 annual visits to a Delta Sky Club when flying on qualifying flights, and status with Marriott Bonvoy^® Gold Elite Status and Hilton Honors Gold Status^‡. There is also an Employee Business Expense Card option with no annual fee^‡ with limited benefits.

Flexible Card Features for Cash Flow Management

The Business Platinum Card offers several features to help Card Members’ companies grow, including Virtual Cards which add an extra layer of security and control, making it easier to manage vendor-specific or one-time purchases. The Card also comes with Pay Over Time^‡, giving Card Members the option to either carry a balance with interest on eligible charges or pay the balance in full each month.

Award-Winning Service for Card Members

American Express offers award-winning global service, including for dispute handling, emergency assistance and fraud protection. The team can also help Card Members with providing custom itineraries and tailored recommendations, booking hotels, flights and other travel experiences so Card Members can stay focused on running their businesses.

Please visit American Express Business Platinum Card for more details. Terms and conditions apply.

[‡] Benefit Terms

[1] Based on comparison with other U.S. credit card programs, as of 10/2024.

ABOUT AMERICAN EXPRESS

American Express (NYSE: AXP) is a global, premium payments and lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services and experiences that enrich lives and build business success.

Founded in 1850 and headquartered in New York, American Express’ brand is built on trust, security, and service, and a rich history of delivering innovation and Membership value for our customers. With a hundred million merchant locations on our global network in around 200 countries and territories, we seek to provide the world’s best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations. For more information about American Express, visit americanexpress.com and americanexpress.com/en-us/newsroom.

Cautionary Note Regarding Forward-Looking Statements

This release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The forward-looking statements, which are subject to risks and uncertainties, contain words such as “expect,” “intend,” “plan,” “aim,” “will,” “may,” “should,” “could,” “would,” “continue” and similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. Actual results may differ from those set forth in the forward-looking statements due to a variety of factors, including those described in American Express’ Annual Report on Form 10-K for the year ended December 31, 2024 and its other reports filed with the SEC. The company undertakes no obligation to update or revise any forward-looking statements.

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MEDIA CONTACT

Ojas Naik

ojas.naik@aexp.com

Source: American Express