Wow: 200K Sign Up Bonus for the Amex Business Platinum [2024]

Oct 22, 2024

Juan Ruiz

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Earning a welcome bonus is an integral part of any award traveler’s journey. It’s an opportunity to amass a large number of points in a relatively short amount of time, opening the door to incredible redemption possibilities that may otherwise take far longer to achieve.

Right now, American Express is offering an amazing welcome offer on The Business Platinum Card® from American Express, its high-end business card. But an even higher offer might just be available!

Let’s examine how to find your best offer and see how you can put those points to work in your future travel plans!

Targeted offers are discussed in the article below. Please note that these offers are not available to all applicants. Any information related to targeted offers has been independently collected and has not been reviewed or provided by the card issuer.

The current public offer for the Amex Business Platinum card is:

To see if you’re eligible for a targeted offer, you should first check American Express’s website directly.

Typically, there are numerous offers available for the Amex Business Platinum card at any given time, depending on who’s applying, the method by which they apply, and when they do so.

However, our writers have seen that American Express will offer an elevated offer directly to targeted applicants. As with all targeted offers, these won’t always be available to all applicants, but here’s an example of a targeted offer we’ve found through our research directly through American Express.

Targeted applicants can earn up to 200,000 Membership Rewards points after spending $20,000 in purchases in the first 3 months of account opening.

At Upgraded Points, we estimate that Amex Membership Rewards points are worth about 2.2 cents apiece. Considering these valuations, a 200,000-point bonus is worth a whopping ~$4,400!

We also recommend checking your elevated offers via the CardMatch tool. Because CardMatch doesn’t initiate a hard pull, your credit score won’t be impacted.

If you already have an existing Amex account, make sure you’ve opted-in to targeted email offers. In your Amex account, navigate to General Marketing Email Preferences and then New Card and Credit Offers.

There are few business cards that can compete with the Amex Business Platinum card. Despite the annual fee of $695 (rates & fees), business owners stand to benefit greatly from the following list of benefits:

Whether you’re a frequent traveler or only occasionally take advantage of these business-focused statement credits, the perks offered on this business card can provide significant value.

If you’re targeted for this generous offer and can meet the spending requirements for the 200,000-point welcome bonus, you’ll have many great ways to redeem Amex Membership Rewards points for great value.

Here are some ideas for winter 2024 into spring 2025 that you could consider.

Skiing in the Swiss Alps is a bucket-list trip for many. Best of all, you can transfer your Amex Membership Rewards points to Air Canada’s Aeroplan program at a 1:1 ratio to book 3 (or more) one-way SWISS business class flights to Switzerland, from which you can head to one of the many surrounding ski towns.

You can fly from the U.S. to Switzerland in a comfy lie-flat seat for as few as 60,000 points one-way, or take the entire family for as few as 35,000 points each way in economy!

Are you looking to escape the harsh winter conditions and instead relish some time at the beach while your neighbors back home are busy shoveling snow? You might want to consider transferring your points to the British Airways Executive Club loyalty program for a getaway to the Caribbean.

With a 200,000-point bonus, you can book at least 4 round-trip business class tickets to fly to the Caribbean from the East Coast on American Airlines. Because tickets to the Caribbean from the U.S. are typically expensive during the winter months, redeeming your points in this manner would provide you with significant value.

Have you always wanted to witness Japan’s famous cherry blossoms, which bloom in late March and early April each year? You and 4 friends can hop on a flight to Japan by transferring points from American Express to ANA Mileage Club.

ANA offers round-trip flights to Japan starting at 40,000 points. ANA also offers stopovers and open-jaws on most award flights, so you can add another city in Japan (or somewhere else nearby) for free.

A stash of 200,000 Membership Rewards points would allow you to book 5 round-trip economy class tickets to see the cherry blossoms and explore the rest of Japan.

For more inspiration, check out the best ways to redeem your Amex Membership Rewards points and how to upgrade your flight using Membership Rewards points.

The Amex Business Platinum card occasionally presents enticing offers, though it’s very rare to come across a welcome bonus offer as generous as 200,000 points. If you qualify for this offer, you’ll have plenty of travel planning and various options to utilize your points.

For rates and fees of The Business Platinum Card® from American Express, click here.

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Juan has extensive experience in writing and editing content related to credit cards, loyalty programs, and travel. He has been honing his expertise in this field for over a decade. His work has been featured in various prestigious publications, such as USA Today, CNN Underscored, Forbes and The Points Guy. Juan is the visionary behind JetBetter, a premier award booking concierge service.

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