American Express Business Platinum vs The Plum Card from American Express: which one fits your business?
Side-by-side comparison of American Express Business Platinum and The Plum Card from American Express — fees, features, ease, support, and which one fits your business. Scored on the same rubric.
Short answer: The Plum Card from American Express wins on our scorecard (7.3/10 vs 7/10).
| Scored on | American Express Business Platinum | The Plum Card from American Express |
|---|---|---|
| Right fit for small biz | 8 | 8 |
| Ease of use | 6 | 7 |
| Fees & pricing | 5 | 7 |
| Customer support | 7 | 6 |
| Features | 9 | 8 |
| Annual Fee | $695 | $250 (waived first year) |
| Foreign Transaction Fee | None | $0 |
| Late Payment Fee | Up to $39 | — |
| Early Pay Discount | — | 1.5% |
| Late Fee | — | Up to 2.99% of past due amount |
American Express Business Platinum in one paragraph
A high-octane travel tool that pays for itself only if you are willing to manage a complex list of statement credits.
Skip it if: Skip it if you don't travel at least once a month or if your monthly business spend is under $5,000.
The Plum Card from American Express in one paragraph
The Plum Card is a powerful liquidity tool for inventory-heavy businesses that value payment flexibility over travel perks.
Skip it if: Skip it if you spend less than $14,000 a month or want to earn travel points for your business spending.
Frequently asked questions
Which is better, American Express Business Platinum or The Plum Card from American Express?
On our five-axis scorecard, The Plum Card from American Express scores higher (7.3/10 vs 7/10). The Plum Card is a powerful liquidity tool for inventory-heavy businesses that value payment flexibility over travel perks.
Who should skip American Express Business Platinum?
Skip it if you don't travel at least once a month or if your monthly business spend is under $5,000.
Who should skip The Plum Card from American Express?
Skip it if you spend less than $14,000 a month or want to earn travel points for your business spending.