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[quote=Anonymous]One thing I noticed after Amex kept pushing us to “upgrade” from Business Gold to Platinum was that when I actually ran the numbers on about $100k/year of real business spending, the Platinum didn’t make much financial sense for us.

The Gold card would likely earn around 250k to 300k Membership Rewards points annually because of the 4x top category multipliers. The Platinum would probably only earn around 120k to 160k points on the exact same spending since most purchases only earn 1x.

Even after giving Platinum full credit for ALL the perks and credits:

lounge access
hotel status
Dell/Adobe/Indeed credits
CLEAR/TSA credits
airline perks

…it still barely catches up after the much higher ~$895 annual fee.

And honestly, it’s hard to justify paying that much mainly for lounge access. Priority Pass especially has gotten pretty weak lately. Many partner lounges are overcrowded, restrict access, or outright reject Priority Pass during busy times.

So the Platinum really isn’t a better rewards card. It’s basically a premium travel perks subscription. For many actual businesses with heavy operational spending, the Gold is honestly the much stronger financial card even though it’s marketed as the “lower” card.[/quote]

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