What credit score do you need for the Amex Business Platinum card?


If you have a small business and spend a lot of time on the road, you might want to add The Business Platinum Card® from American Express to your wallet. After all, frequent flyers can undoubtedly benefit from Amex Business Platinum lounge access, hotel elite status and more.

Additionally, when you apply via our exclusive application linkyou can earn 150,000 Membership Rewards points after spending $15,000 on qualifying purchases with the card within the first three months of joining the card (see rates and fees).

If you are interested in Amex Business Platinum, you may be wondering if your credit score is good enough to be approved. After all, it’s one of best business cards on the market. In this article, I will address some common questions about the Amex Business Platinum credit score needed.

What credit score do you need for the Amex Business Platinum card?

American Express does not state a minimum credit score for American Express Business Platinum candidates. But you will usually need to have very good or excellent credit Must be approved. In particular, your consumer credit score will generally need to be 740 or higher to have a competitive application.

Amex will conduct a credit check with the consumer and business credit bureaus when you request an Amex business card. Your small businesses may not have business credit history, But it is okay. In this case, Amex will rely primarily on your personal credit history and other information about your business to determine whether to approve your request.


Of course, every application and every small business is different. As such, Amex may be willing to approve your request even if you or your company has a lower credit score. However, to be approved with a lower credit score, you will generally need to have an established business and significant annual income.

Related: What credit score do you need for business credit cards?

Is the Amex Business Platinum card worth it?

The American Express Business Platinum Card is a good option for frequent business travelers who can take advantage of the card’s many benefits. For example, frequent travelers will derive significant value from the following Amex Business Platinum benefits:

Registration required for some benefits.

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Frequent business travelers will also be able to maximize many of the Lesser Known Benefits of the American Express Business Platinum Card. However, you have to ask yourself if the Amex Business Platinum is worth its $695 annual fee (see rates and fees) before applying.

To answer that question, you’ll need to decide how much value you’ll get from Amex Business Platinum’s benefits versus its $695 annual fee (see rates and fees).

Related: Who should (and who shouldn’t) get Amex Business Platinum?

Who is eligible for the Amex Business Platinum welcome offer?

The American Express Business Platinum Card currently offers a welcome offer of 150,000 Membership Rewards® points after spending $15,000 in qualifying purchases with the Business Platinum Card within the first three months of card membership (see rates and fees).

However, like many best american express cards, not all applicants are eligible for the welcome offer even if they are approved for the card. Specifically, the terms of the current Amex Business Platinum welcome offer state:

Welcome offer not available for candidates who have or have had this card. We may also take into account the number of American Express cards you have opened and closed and other factors in making a decision on your welcome offer eligibility.

Specifically, Amex has a one bonus per life policy. Fortunately, after you submit your application, Amex will determine your welcome offer eligibility. If you are not eligible to win the welcome bonus, Amex will display a pop-up window ask if you want to apply without the possibility of winning a welcome offer. If you choose to withdraw your request at this stage, Amex will not pull hard on your credit report.


Related: 9 Things to Do When You Get the American Express Business Platinum Card

See if you have a good Amex Business Platinum credit score

There are many ways to check your credit score for free. For example, some cards offer a free FICO score to all cardholders. And American Express allows everyone (including non-cardholders) to use MyCredit Guide to check their TransUnion VantageScore 3.0 for free.

It is also possible to check your business credit score if you have one. However, you will usually have to pay to do so.

Related: 6 things to do to improve your credit

Factors that affect your credit score

First, it’s essential to understand that not all credit scores are the same. So even at any given time, you don’t have just one credit score. Instead, your credit score may differ between calculation methods and credit reporting agencies. For example, your Experian FICO score may be different from your TransUnion VantageScore.


Credit Score Calculation Methods are not known to the public. However, FICO states that it calculates credit scores using credit data from your credit file in the following proportions:

  • Payment history (35%): Accounts payable payment history on time
  • Amounts due (30%): amount of available credit you use, also called use of credit
  • Length of credit history (15%): How long have your credit accounts been established and how long have you used each account?
  • New credit (10%): Opening several lines of credit in a short period of time can indicate a risk for a lender
  • Composition of credit (10%): Use of different types of credit

As you can see, many factors affect your credit score. As such, it is important to understand credit before applying for cards.

Related: 3 Real Ways to Boost Your Credit Score in 30 Days

What to do if you are rejected

Getting rejected for a card you want is never fun. But, there are many reasons why Amex might deny your Amex Business Platinum application. For example, you can have opened too many lines of credit recently. Or your income to expense ratio could indicate too much risk.

I recommend that you wait to read the possible rejection letter that you will receive in the mail. This letter will provide one or more reasons why Amex rejected your application. You can using rejection as an opportunity to learn and improve your credit. Then you can apply again once you have the necessary American Express Business Platinum credit score.

You can also call the card review line if you think additional information might cause Amex to reconsider your request. Even if the representative is unable to approve your request, calling the Reconsideration Line can provide more information about why Amex denied your request.

Related: Are there any long-term issues if you get turned down for a credit card – and what can you do about it?

At the end of the line

The American Express Business Platinum Card is one of best business cards on the market. It offers many premium travel benefits.

However, business travelers often wonder if their credit score is high enough be approved for the Amex Business Platinum card. Though there is no special requirement for an Amex Business Platinum credit score, you will generally have the best chance of approval if you have a very good or excellent credit score.

Official application link: The Business Platinum Card from American Express

For Amex Business Platinum Card rates and fees, click here.

Additional reporting by Emilly Thompson.


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