Amex Business Platinum Changes: New Credits Plus A Higher Annual Fee

We wondered if something like the Amex Platinum refresh and annual fee increase would happen with the Amex Business Platinum card. They now have a coupon book that is more expensive than their personal card. The new annual fee for the Amex Business Platinum is included in the changes.

The annual fee on the Amex Business Platinum card is about to increase. There are many offers floating around.

The details of the Amex business have changed.

The new earning structure, credits and increased annual fee are here.

There is a structure for earning.

There are 5X points on flights and hotels.
Membership rewards points can be earned on purchases for up to $2 million per year.
Retailers, software, and cloud service providers.
Hardware and construction materials.
Shipping providers.
You can earn 1.5x points for purchases over $5,000.
You can earn 1X on everything else.

Increased credits.

Dell Technologies.
Up to $400 annual statement credit on all Dell purchases. The Dell benefit for Business Platinum Card Members has been increased by $200.
Indeed.
Up to $360 annual statement credit on all Indeed hiring and recruiting products and services to post open positions and find top talent.
Adobe:
It is easy to send, track and collect trusted e-signatures with the $150 annual statement credit on select purchases, including Adobe Creative Cloud, the world's best collection of creative apps and services, and Acrobat Pro DC with e-sign.
The credit is for wireless.
Purchases made directly from a US wireless telephone provider can get you up to a $120 annual statement credit.
Expedited security screening.
A $179 statement credit is given for a CLEAR membership.

Existing benefits of Platinum.

$200 Airline Fee Credit annually for up to $200 back in statement credits each year at one Card Member-selected airline.
Card Members can get up to 500,000 points back per calendar year when they pay with points.
Cell Phone Protection for repair or replacement costs up to $800 per claim, with a limit of two approved claims per 12 month period, when the cell phone line is listed on a wireless bill and the prior month's wireless bill was paid by an Eligible Card Account. Each claim will have a $50 deductible.
Up to $100 credit on a Global Entry application.

The fee has increased.

The annual fee will increase from $595 a year to $695 after January 13, 2022.

Final thoughts on the Amex Business Platinum changes.

I am not a fan of coupon books but at least they make sense compared to Walmart+ and personal cards.

I like the changes more than the personal changes. What do you think about the new Amex Business Platinum?

Disclosure: CardRatings is a partner of Miles to Memories. Card issuers may give a commission to Miles to Memories and Card Ratings.
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The opinions, reviews, analyses, and recommendations are the author's alone and have not been reviewed, endorsed or approved by any of these entities.