Business Platinum vs Premium Rewards Elite
Business Platinum
$695/yr
5.5/10
VS
Premium Rewards Elite
$550/yr
5.5/10
Quick Answer
Business Platinum charges $695/yr with 1X base rewards. Premium Rewards Elite charges $550/yr with 1X base rewards. Premium Rewards Elite offers better overall value for most spenders when comparing fees, rewards, and benefits side by side.
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Winner by Category
Annual Fees
Premium Rewards Elite
Lower annual fee ($695 vs $550)
Rewards Earning
Business Platinum
6 earning categories
Benefits & Protection
See card details
Visit each card's review for full benefits list
Statement Credits
Business Platinum
$1299 in annual credits
Flexibility
Tie
Both cards have similar redemption flexibility
OUR PICK
Premium Rewards Elite wins for most people
The $145 fee difference is hard to justify unless you maximize premium benefits.
Apply for Premium Rewards ElitePREMIUM PICK
Business Platinum wins for heavy spenders
If you can offset the higher fee with credits and perks, this card delivers more value.
Apply for Business PlatinumRewards Earning: Detailed Comparison
Business Platinum
| Flights & hotels (Amex Travel) | 5.0X |
| Eligible purchases $5,000+ | 1.5X (up to $2,000,000) |
| US construction material & hardware | 1.5X |
| US electronic goods retailers | 1.5X |
| US shipping providers | 1.5X |
| Everything else | 1.0X |
Premium Rewards Elite
| Travel & dining | 2.0X |
| Everything else | 1.5X |