The Platinum Card® from American Express is an exclusive charge card that carries a $550 annual fee and provides a host of luxurious and practical benefits for frequent travelers. As a charge card, the Platinum Card doesn’t come with any preset spending limits or regular interest charges, but it does require that cardholders almost always pay their balances in full each month. If you own a small business, consider the very similar Business Platinum Card from American Express OPEN.
The Enhanced Business Platinum® Card from American Express OPEN is an American Express business charge card that blends the features of a travel rewards card with the benefits of a small business card. Although it shares many of the features of the Platinum Card from American Express, including a hefty $450 annual fee, it’s meant exclusively for business owners.
The Business Platinum Card from American Express offers extremely generous travel benefits, including airport lounge access and airline fee credits, and is tapped into the American Express Membership Rewards® program. It competes with other high-end cards for frequent travelers, including Citi Executive AAdvantage World Elite Credit Card and Platinum Delta SkyMiles Credit Card from American Express. It’s also comparable to general-purpose rewards cards, such as Citi Prestige and Chase Sapphire Preferred.
CIT Bank routinely appears on our best bank account promotions list, and for good reason.
CIT Bank is the online banking arm of CIT Group, a large financial company that has been around for more than 100 years. CIT Bank itself has existed since 2000, making it one of the oldest online banks in continuous operation. Like the majority of U.S.-based online banks, CIT Bank’s deposit accounts come with FDIC insurance up to $250,000 per account.
The Ink Business PreferredSM Credit Card from Chase is a small business card with a generous rewards program that rewards spending in certain common business categories, including travel, communications, digital advertising, and shipping. Though its $95 annual fee isn’t waived during the first year, it has a juicy sign-up bonus offer that’s worth up to $1,000 upon at least $5,000 in spending within 3 months of account opening.
Chase Ink Business Preferred is great for small business owners who travel frequently, buy online advertising, and ship physical merchandise often. It replaces the Chase Ink Plus business card, whose rewards scheme was similar, if slightly less generous. It represents a step up from Chase Ink Business Cash Credit Card, a no-annual-fee small business card that rewards spending at office supply stores, communications companies, restaurants, and gas stations.
The Platinum Delta SkyMiles® Business Credit Card from American Express is an airline credit card for frequent Delta flyers who like to travel in comfort and style. The rewards scheme is similar to the Gold Delta SkyMiles Business Card, with the important addition of a loyalty component that accelerates heavy spenders’ progress toward Delta’s coveted Medallion status tiers.
Used properly, the Medallion benefit can be incredibly valuable, and arguably alone makes Platinum Delta SkyMiles worthwhile. Aside from the rewards program, this card has a host of generous perks and benefits that collectively outshine those of many competing cards.
The Business Green Rewards Card from American Express OPEN is a small business charge card with a $95 annual fee and a rewards program that rewards general spending. Most Green Rewards Card purchases earn 1 Membership Rewards point per $1 spent. Travel booked through American Express Travel is the exception, as those purchases earn 2 points per $1 spent.
As a charge card, Business Green Rewards doesn’t incur regular interest charges. However, you’re required to pay your balance in full before each statement’s due date. If you fail to pay in full for more than 2 consecutive cycles, American Express reserves the right to close your account.
The Southwest Airlines Rapid Rewards Premier Business Card from Chase is a small business credit card with a travel rewards program that favors frequent Southwest Airlines flyers. It’s closely related to the Southwest Airlines Rapid Rewards Premier Card, a consumer option that’s popular with individuals who frequently fly with Southwest.
Though the Premier Business card is definitely useful for heavy spenders and frequent travelers, it’s worth pointing out up front the $99 annual fee – and the lack of luxurious benefits, such as complimentary airport lounge access.
The Southwest Airlines Rapid Rewards Plus Card is a travel rewards credit card with a $69 annual fee and a rewards program that favors frequent Southwest Airlines travelers. Its perks aren’t as luxurious as those of some competing travel cards, but its solid benefit lineup is nevertheless useful for cardholders who fly Southwest regularly – particularly those in the air often enough to qualify for Companion Pass status. If you live near a Southwest hub and need a no-frills airline credit card, the Southwest Airline Rapid Rewards Plus Credit Card is worth a closer look.
The Ritz-Carlton Rewards Credit Card from Chase is an exclusive hotel rewards credit card with a $395 annual fee and an impressive slate of benefits for frequent travelers. It’s comparable to some of the most exclusive credit and charge cards on the planet, including the American Express Platinum Card, as well as high-end airline, hotel, and general travel rewards credit cards with high annual fees and generous benefits to match. It’s worth noting upfront that Ritz-Carlton is part of the Marriott hotel family, and the Ritz-Carlton Rewards program extends to the more than 3,000 hotels and resorts under the Marriott umbrella, so this card is more relevant and widely useful than the rarefied Ritz-Carlton name suggests.
The Hyatt Credit Card from Chase is a hotel rewards credit card with a $75 annual fee and an attractive rewards program that favors frequent guests at Hyatt hotels and associated brands, including Hyatt Hotels & Resorts, Andaz, Hyatt Centric, and Hyatt Place, among others.
Cardholders are automatically enrolled in Hyatt’s World of Hyatt loyalty program, and cardholders in good standing automatically earn and keep Hyatt Discoverist status. Discoverist’s many valuable perks include accelerated point earnings, complimentary room upgrades, and guaranteed room availability.