AM
American Express

Business Platinum Card® for BMO Wealth Management

150,000 Points Bonus No Foreign Fees
$695 Annual Fee
See terms Purchase APR
150,000 Welcome Bonus
740+ Recommended FICO
Points Reward Type
Browse Cards › American Express › Business Platinum Card® for BMO Wealth Management

Welcome Bonus

150,000 Points
Welcome Bonus
Spend $15,000 in the first 90 days

Rewards

Reward TypePoints
Base Rate1x / 1%
Bonus RateUp to 5x
Point Value~0.02¢ each
Travel Portal5x
ExpirationPoints never expire as long as account is open and in good standing
Transfer PartnersAer Lingus, Aeromexico, Air Canada, Air France-KLM, ANA, Avianca, British Airways, Cathay Pacific, Delta, Emirates, Etihad, Hawaiian, Iberia, JetBlue, Qantas, Qatar Airways, Singapore Airlines, Virgin Atlantic, Choice Privileges, Hilton Honors, Marriott Bonvoy
Redemption NotesCash redemptions valued at 0.6 cents per point
CategoryRateTypeCap
Flights and Prepaid Hotels
On flights and prepaid hotels booked through amextravel.com
5x Points No cap
Purchases of $5,000 or more
On eligible purchases of $5,000 or more, up to $2,000,000 in purchases per calendar year (earning up to 1 million additional points)
1.5x Points $2,000,000/yr
All Other Purchases 1x Points No cap

Benefits & Protections

No Foreign Fees
Airport Lounge
Travel Insurance
Purchase Protection
Extended Warranty
Trip Delay Coverage
Lost Luggage Coverage
Concierge Service
Global Entry $100
TSA PreCheck $85
Hotel Status: Hilton Gold, Marriott Gold
BenefitCategoryValue / Coverage
Adobe Credit
Receive up to $150 in statement credits annually for eligible U.S. purchases with Adobe, issued as up to $12.50 monthly.
Credits Up to $150/year
Up to $150
Airline Fee Credit
Receive up to $200 in statement credits per calendar year for incidental fees charged by one selected qualifying airline.
Credits Up to $200/year
Up to $200
Dell Technologies Credit
Receive up to $400 in statement credits annually for U.S. purchases with Dell Technologies, issued as up to $200 semi-annually.
Credits Up to $400/year
Up to $400
Global Entry or TSA PreCheck Credit
Receive a statement credit for the application fee for Global Entry (up to $100 every 4 years) or TSA PreCheck (up to $85 every 4.5 years).
Credits Up to $100
Up to $100
Indeed Credit
Receive up to $360 in statement credits annually for U.S. purchases with Indeed, issued as up to $90 quarterly.
Credits Up to $360/year
Up to $360
Wireless Credit
Receive up to $120 in statement credits annually for eligible U.S. wireless telephone service purchases, issued as up to $10 monthly.
Credits Up to $120/year
Up to $120
No Foreign Transaction Fees
Pay no foreign transaction fees on purchases made abroad.
Financial 0%
Baggage Insurance Plan
Coverage for lost, damaged, or stolen baggage when you purchase your common carrier tickets with your eligible Card.
Insurance Up to $3,000 per trip
Up to $3,000
Car Rental Loss and Damage Insurance
Secondary coverage for damage or theft of an eligible rental vehicle when you pay for the rental with your eligible Card and decline the collision damage waiver.
Insurance Secondary coverage
Cell Phone Protection
Coverage for damage or theft of your cell phone when you pay your monthly wireless bill with your eligible Card.
Insurance Up to $800 per claim
Up to $800
Extended Warranty
Extends the original manufacturer's warranty for eligible purchases by up to one additional year.
Insurance Up to 1 additional year
Purchase Protection
Covers eligible purchases against accidental damage or theft for up to 90 days from the date of purchase.
Insurance Up to $10,000 per occurrence
Up to $10,000
Business Platinum Concierge
Access to a dedicated concierge service for assistance with dining reservations, event tickets, and other requests.
Lifestyle Complimentary
1.5x Points on Large Purchases
Earn 1.5 Membership Rewards® points per dollar on eligible purchases of $5,000 or more, up to $2 million in eligible purchases per calendar year.
Rewards 1.5x points
1x Points on Other Purchases
Earn 1 Membership Rewards® point per dollar on all other eligible purchases.
Rewards 1x point
35% Points Back on Flights
Get 35% of your points back when you use Pay with Points for all or part of an eligible flight booked through American Express Travel, up to 1,000,000 points back per calendar year.
Rewards 35% points back
5x Points on Flights & Prepaid Hotels
Earn 5 Membership Rewards® points per dollar on flights and prepaid hotels booked on amextravel.com.
Rewards 5x points
ShopRunner Membership
Complimentary ShopRunner membership, providing free 2-day shipping and free returns at participating online stores.
Shopping Complimentary
Airspace Lounge Access
Complimentary access to Airspace Lounges.
Travel Complimentary
Avis Preferred Status
Complimentary Avis Preferred status upon enrollment, offering benefits like expedited service and car upgrades.
Travel Complimentary
Delta Sky Club Access
Complimentary access to Delta Sky Club lounges when flying on a Delta-operated flight.
Travel Complimentary
Escape Lounges - The Centurion Studio Partner Access
Complimentary access to Escape Lounges - The Centurion Studio Partner locations.
Travel Complimentary
Fine Hotels + Resorts Program
Access to the Fine Hotels + Resorts program, offering benefits like complimentary breakfast, room upgrades, and a unique amenity at participating properties.
Travel Complimentary
Hertz Gold Plus Rewards Five Star Status
Complimentary Hertz Gold Plus Rewards Five Star status upon enrollment, offering benefits like car upgrades and expedited service.
Travel Complimentary
Hilton Honors Gold Status
Complimentary Hilton Honors Gold status upon enrollment, offering benefits like complimentary breakfast and room upgrades.
Travel Complimentary
International Airline Program
Access to special pricing on eligible first class and business class international airline tickets when booked through American Express Travel.
Travel Special pricing
International American Express Lounges Access
Complimentary access to International American Express Lounges.
Travel Complimentary
Marriott Bonvoy Gold Elite Status
Complimentary Marriott Bonvoy Gold Elite status upon enrollment, offering benefits like late checkout and bonus points.
Travel Complimentary
National Car Rental Emerald Club Executive Status
Complimentary National Car Rental Emerald Club Executive status upon enrollment, offering benefits like choice of car and expedited service.
Travel Complimentary
Premium Global Assist Hotline
24/7 access to emergency assistance services when traveling more than 100 miles from home, including medical, legal, and travel-related emergencies.
Travel Complimentary
Priority Pass Select Membership
Complimentary enrollment in Priority Pass Select, providing access to over 1,300 airport lounges worldwide.
Travel Complimentary
The Centurion Lounge Access
Complimentary access to The Centurion Lounge network for the primary cardholder and up to two guests.
Travel Complimentary
Trip Cancellation and Interruption Insurance
Coverage for non-refundable travel expenses if a covered trip is canceled or interrupted for an eligible reason.
Travel Up to $10,000 per trip
Up to $10,000
Trip Delay Insurance
Coverage for eligible expenses, such as meals and lodging, when a covered trip is delayed for more than 6 hours.
Travel Up to $500 per trip
Up to $500

Fees

Annual Fee $695
Authorized User Fee$350
Foreign Transaction FeeNone
Late Payment FeeUp to $40
Returned Payment FeeUp to $40

Approval & Eligibility

740 Recommended minimum FICO · Range 740–850
300 Poor580 Fair 670 Good740 Very Good 800+ Exceptional
Approval DifficultyDifficult
Credit ProfileExcellent
Approval OddsExcellent
Decision TimeInstant
Pre-QualificationNot available
Student EligibleNo
Co-ApplicantNot allowed
Business EligibleYes

Issuer Rules & Restrictions

Maximum Cards per Issuer
You can hold up to 5 cards from this issuer simultaneously.
Shutdown Risk Triggers
Manufactured spending, excessive spending in unusual categories, rapid spending to meet bonus requirements followed by inactivity, cycling credit limits, applying for too many cards in a short period, misrepresenting income
Cliff Effect Rules
American Express's 'once per lifetime' rule acts as the primary cliff, preventing applicants from earning a welcome bonus on a specific card product if they have previously held that exact card. This rule applies to the Business Platinum Card for BMO Wealth Management.
International Friendly
This card works well for international travel and transactions.
Additional Issuer Rules
American Express enforces a 'once per lifetime' rule for welcome bonuses on specific card products, meaning applicants are generally ineligible if they have previously held that exact card. A pop-up warning may appear during the application process if an applicant is not eligible for the welcome offer.
Military & Hardship
MLA Compliant
Complies with the Military Lending Act (36% APR cap for active duty servicemembers).
Hardship Program
Hardship program available.
American Express
$695
Annual Fee

Welcome Bonus 150,000 Points
Quick Summary
Annual Fee $695
RewardsPoints
Welcome Bonus150,000 Points
Foreign FeesNone
Min. FICO740+
Online
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