American Express Business Platinum Card Canada review, premium lounges, 1.25x points and CA$799 annual fee
A clear look at whether the American Express Business Platinum’s CA$799 fee delivers 1.25x points, access to 1,300+ lounges and travel protections built for Canadian business owners
Why choose the American Express Business Platinum Card Canada
The American Express Business Platinum Card Canada is built for Canadian business owners who travel often and need premium business tools. With a CA$799 annual fee, it targets companies that value lounge access, higher earn rates and robust travel protections.
Its no pre-set spending limit and concierge-style support make it easy to manage large corporate expenses, from flights to equipment purchases, without the rigidity of standard business cards.
Earning and redeeming — 1.25x points and flexible returns
Cardholders earn 1.25x points on eligible purchases, accumulating Membership Rewards that never expire while you keep the account open. These points transfer to frequent flyer and hotel partners or can be redeemed through Amex Travel for flights on Air Canada and other carriers.
For Canadian businesses, points on purchases like supplies, client dinners in Toronto or flights out of Vancouver quickly add up, making the effective value of the card better than it looks against the CA$799 annual fee when used strategically.
Travel perks and 1,300+ premium lounges
The Business Platinum delivers lounge access to over 1,300 premium lounges worldwide, including Plaza Premium locations often found at Pearson (YYZ), Vancouver (YVR) and Montréal–Trudeau (YUL). That quiet space to work between meetings is a genuine productivity boost for entrepreneurs.
Additional travel benefits include hotel program perks, a CA$100 NEXUS credit every four years, and mobile device insurance — all valuable for Canadian business owners who frequently cross borders.
Fees, insurance and who should apply
At CA$799 per year, plus CA$250 for each supplementary Platinum card, the fee is steep but can be justified by heavy travellers and high spenders. Interest rates and flexible payments should be considered if you carry balances — the card is best for those who pay in full or use the 55 interest-free days feature wisely.
Insurance coverage is comprehensive: emergency medical up to CA$5,000,000 for short trips, trip cancellation and interruption protections, baggage delay and rental vehicle coverage. If your business books frequent travel, the overall protection and lounge access can easily offset the annual cost.
Maximizing value and final verdict
To get the most from the American Express Business Platinum Card Canada, consolidate travel bookings through Amex Travel, transfer points to partners for high-value redemptions, and issue supplementary cards strategically for key employees. Use the quarterly expense reports to streamline bookkeeping and tax deductions.
For Canadian entrepreneurs who fly regularly, spend heavily on business costs and want premium lounge access plus 1.25x points, the Business Platinum is a strong contender. If your company’s travel and spending patterns are modest, a lower-fee alternative may be a better fit.