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The Business Platinum Card® from American Express

Updated:

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10 reviews from Intuit Credit Karma members

3

Rating: 3 out of 5.

Great for maximizing business perks

Annual Fee: $695

This content is curated by Intuit Credit Karma’s Editorial team using data from members who were approved for this card or similar cards, or who self-matched this card or similar cards. Intuit Credit Karma receives compensation from third-party advertisers, but that doesn’t affect our editors’ opinions. Our third-party advertisers don’t review, approve or endorse this content. Information about financial products not offered on Credit Karma is collected independently. Our content is accurate to the best of our knowledge when posted.

Here’s the average credit limit of members who matched their The Business Platinum Card® from American Express or similar cards.

% of members by credit limit range

$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 54% 12% 15% 11% 8%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 54% 12% 15% 11% 8%
$0-$3K $3K-$5K $5K-$10K $10K-$20K $20K+ 0% 10% 20% 30% 40% 50% 60% 54% 12% 15% 11% 8%

The average credit limit for members who have matched with this card or similar cards is $7,236, with $1,000 being the most common.

Here’s the average credit score of members who matched their The Business Platinum Card® from American Express or similar cards.

% of members by credit score range

Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 3% 31% 18% 33% 15%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 3% 31% 18% 33% 15%
Thin file Poor Fair Good Excellent 0% 10% 20% 30% 40% 3% 31% 18% 33% 15%

The average credit score for members who have matched with this card or similar cards is 664, with 737 being the most common. Note this is just one of the deciding factors when it comes to getting approved.

Member stats

Updated daily

31.6%

Average credit utilization (or what percent of the card’s credit limit is being used) of members who matched with this card or similar cards.

44 years

Average age of members who matched this card or similar cards.

$92,544

Average annual income of members who matched this card or similar cards. Note: Income may be estimated for some members by Credit Karma and may differ from members’ actual incomes.

Member reviews

Overall rating:

3

Rating: 3 out of 5.

10 reviews from Intuit Credit Karma members

Most helpful positive review

November 29, 2023

5

Rating: 5 out of 5.

So humbled by finally receiving my Amex Platinum C

— Credit Karma Member

I applied for my card today via the Amex website. Super simple and they were able to pre-approve me before completing the application. This is a great card if you have the entry credit score to get one.

Most helpful negative review

September 28, 2024

1

Rating: 1 out of 5.

Amex Platinum

— Credit Karma Member

It's a terrible experience of owning this card. I don't recommend anyone to get it. I closed this card, even though my credit rating has dropped significantly

All member reviews