Business Platinum Card
Quick answer: The Business Platinum Card carries a CA$799 annual fee and 18 catalogued benefits, 5 of them dollar credits worth CA$845 a year at face value; its best earning category is Everything else at 1.25x. Welcome offer: Earn up to 120,000 Membership Rewards points: 80,000 points after spending $15,000 in the first 3 months, plus 40,000 additional points when spending between months 15-17.. MaxWorth is the only benefits tracker with hand-verified Canadian card data, and it never asks for a bank login.
Earning rates
| Category | Rate | True cash-back value |
|---|---|---|
| Everything else | 1.25x | 1.75% |
True cash-back value = rate × MaxWorth's valuation of the card's points currency; see the methodology.
Credits (5)
$300 Annual Indeed Credit
CA$300/yrUp to $75 CAD in statement credits per quarterly period for qualifying purchases made online at ca.indeed.com. Enroll through Amex Offers. Credits apply to the purchase amount after taxes and applicable fees. Up to $300 annually.
$200 Annual Travel Credit
CA$200/yr$200 annual travel credit applicable toward flights, hotels, or vacation packages booked through American Express Travel Online or the Platinum Card Travel Service. Minimum booking of $200 required. Renews on card anniversary date.
$200 Annual Dell Credit
CA$200/yrUp to $100 CAD in statement credits per semi-annual period for qualifying purchases made online at dell.com/en-ca. Enroll through Amex Offers. Credits apply to the purchase amount after taxes and applicable fees. Up to $200 annually.
$10 Monthly Wireless Credit
CA$120/yrEarn up to $120 in statement credits each year for eligible wireless services charged to the card. Spend $10 or more each month with eligible Canadian wireless providers to receive a $10 monthly statement credit. Enrollment required.
$100 NEXUS Credit
CA$25/yrUp to $100 CAD in statement credits every four (4) years for NEXUS program application or renewal fees charged to the card. NEXUS provides expedited border crossing between Canada and the United States.
Status & Elite Perks (3)
American Express Global Lounge Collection
CA$300/yrUnlimited complimentary access to the American Express Global Lounge Collection, including 1,400+ lounges worldwide: Centurion Lounges, Priority Pass Select (1,400+ lounges), Plaza Premium Lounges, Delta Sky Club (when flying Delta). Includes complimentary valet service at Toronto Pearson International Airport Terminal 1 and 15% discount on parking.
Marriott Bonvoy Gold Elite Status
CA$100/yrComplimentary Marriott Bonvoy Gold Elite status, providing benefits including daily breakfast for two, guaranteed late checkout, room upgrades when available, and 25% bonus points on Marriott stays. Enrollment required.
Hilton Honors Gold Status
CA$75/yrComplimentary Hilton Honors Gold status, providing benefits including complimentary breakfast, room upgrades when available, and 80% bonus points on Hilton stays. Enrollment required.
Protections (10)
Travel Emergency Medical Insurance
CA$75/yrOut-of-province/country emergency medical insurance providing up to $5,000,000 in coverage for the first 15 days of any trip, for cardholders under age 65. Coverage includes emergency medical treatment, hospitalization, and emergency evacuation.
Rental Car Insurance
CA$75/yrRental car collision and loss damage insurance for vehicles with an MSRP of up to $85,000, for rental periods up to 48 consecutive days. Covers damage to or theft of a rental vehicle when the full cost is charged to the card and the rental company's collision damage waiver is declined.
Trip Cancellation Insurance
CA$50/yrTrip cancellation insurance providing up to $1,500 per insured person, with a maximum of $3,000 for all insured persons combined per trip. Covers non-refundable prepaid travel expenses when a trip must be cancelled due to covered reasons. Travel must be charged to the card.
Trip Interruption Insurance
CA$50/yrTrip interruption insurance providing up to $1,500 per insured person, with a maximum of $6,000 for all insured persons combined per trip. Covers additional expenses incurred when a trip is interrupted due to covered reasons. Travel must be charged to the card.
Flight Delay Insurance
CA$25/yrFlight delay insurance providing up to $1,000 for reasonable expenses including meals, accommodations, and essential items in the event of a flight delay of 4 or more hours, when the fare is charged to the card.
Baggage Insurance
CA$25/yrBaggage insurance providing up to $1,000 for emergency purchases when baggage is delayed (6+ hours) or up to $1,000 total for lost or stolen baggage during a trip where the common carrier fare was charged to the card.
Purchase Protection
CA$25/yrPurchase protection covering eligible items purchased with the card against accidental physical damage or theft for up to 120 days from the date of purchase, up to $1,000 per occurrence.
Extended Warranty
CA$25/yrExtended warranty coverage that doubles the original manufacturer's warranty period by up to one additional year. Items must be purchased entirely with the card.
Travel Accident Insurance
CA$10/yrTravel accident insurance providing up to $500,000 in accidental death and dismemberment coverage when the full fare for a common carrier (airline, train, bus, etc.) is charged to the card.
Hotel Burglary Insurance
CA$10/yrHotel/motel burglary insurance providing up to $1,000 per occurrence for loss of personal property due to burglary from a hotel or motel room during a trip where the common carrier fare was charged to the card.
How to track it
Add the Business Platinum Card to MaxWorth and every credit above appears with its cycle set; you get a push before each one expires and the card's annual-fee ROI runs from what you mark used. No Canadian bank account is ever connected. What MaxWorth covers for Canadian cards.
Other American Express Canada cards
- Amex Centurion Card (CA) · CA$2,500 · 21 benefits
- Amex Platinum Card · CA$799 · 16 benefits
- Aeroplan Business Reserve Card · CA$599 · 16 benefits
- Aeroplan Reserve Card · CA$599 · 16 benefits
- Gold Rewards Card · CA$250 · 15 benefits
- Business Gold Rewards Card · CA$199 · 9 benefits
- Amex Cobalt Card · CA$191.88 · 12 benefits
- Amex Marriott Bonvoy Business (CA) · CA$150 · 10 benefits
Source: the issuer's published terms, entered and verified by hand in the MaxWorth database; amounts in CAD. Methodology.