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 (7.1/10 vs 6.6/10).
| Scored on | American Express Business Platinum | The Plum Card from American Express |
|---|---|---|
| Right fit for small biz | 5 | 7 |
| Ease of use | 7 | 8 |
| Fees & pricing | 4 | 6 |
| Customer support | 8 | 6 |
| Features | 9 | 8 |
| Annual Fee | $695 | $250 |
| Foreign Transaction Fee | $0 | $0 |
| Intro APR | N/A (Charge Card) | — |
| Early Pay Discount | — | 1.5% |
| Late Fee | — | $39 or 2.99% |
American Express Business Platinum in one paragraph
A powerhouse for high-spend travelers, but a calculated liability for the average local small business owner.
Skip it if: Skip it if your annual business travel budget is under $5,000 and you don't use Dell or Adobe products.
The Plum Card from American Express in one paragraph
A specialized cash-flow tool that excels for inventory-heavy businesses but loses to cheaper 2% cards for everyone else.
Skip it if: You have steady cash flow and can always pay your balance in full within 30 days.
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 (7.1/10 vs 6.6/10). A specialized cash-flow tool that excels for inventory-heavy businesses but loses to cheaper 2% cards for everyone else.
Who should skip American Express Business Platinum?
Skip it if your annual business travel budget is under $5,000 and you don't use Dell or Adobe products.
Who should skip The Plum Card from American Express?
You have steady cash flow and can always pay your balance in full within 30 days.