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Side-by-side

The Business Platinum Card from Amex vs Bank of America Premium Rewards

Both are well-respected travel cards. The The Business Platinum Card from Amex comes from American Express at $895/yr; the Bank of America Premium Rewards from Bank of America at $95/yr. Below: side-by-side specs, an opinionated verdict, and the FAQs people actually ask before applying.

Bottom line

For most people the The Business Platinum Card from Amex is the stronger pick today, the sign-up bonus is meaningfully larger ($2,700 more in estimated value) than the Bank of America Premium Rewards's. Get the The Business Platinum Card from Amex first; revisit the Bank of America Premium Rewards after you've earned that bonus.

FeatureThe Business Platinum Card from AmexBank of America Premium Rewards
Annual fee$895$95
Sign-up bonus150,000 Membership Rewards pointsNot advertised
Bonus value (est.)$2,700-
Min spend to unlock bonus$20,000 in 3 mo-
IssuerAmerican ExpressBank of America
Card categorybusinesstravel
Best earning category (Flights_hotels_amextravel)5x1x
Transfer partnersamex-mrNone
Headline benefits
  • 150k MR bonus
  • $910 in shopping credits
  • Centurion lounge access
  • 35% flight rebate
  • 2x travel + dining
  • $100 airline credit
  • Preferred Rewards boost
  • No foreign tx fees
Read the full review
The Business Platinum Card from Amex
$895/yr · 150,000 Membership Rewards points
Read the full review
Bank of America Premium Rewards
$95/yr ·

Editorial take: The Business Platinum Card from Amex

Only worth it if you'll actually use the Dell, Indeed, and Adobe credits, they total $910 per year but require repeat spending at each vendor. If you do, this is the most credit-rich card on the market.

Editorial take: Bank of America Premium Rewards

Only a standout if you're a BoA Preferred Rewards member, that boost can push earnings to 2.625x on everything, 3.5x on travel and dining. Without it, Venture and Sapphire both beat it.

Common questions

Which card has the bigger sign-up bonus, The Business Platinum Card from Amex or Bank of America Premium Rewards?
The The Business Platinum Card from Amex has a public bonus (150,000 Membership Rewards points, worth roughly $2,700), while the Bank of America Premium Rewards doesn't advertise one right now.
Is the The Business Platinum Card from Amex's $895 annual fee worth it compared to the Bank of America Premium Rewards?
Premium cards like the The Business Platinum Card from Amex ($895/yr) earn their fee through credits, travel, dining, lounge access, statement reimbursements. If you'd actively use $895+ of those credits, the math works. The Bank of America Premium Rewards at $95/yr trades some perks for a lower commitment.
Can I have both the The Business Platinum Card from Amex and Bank of America Premium Rewards?
Yes, since they're from different issuers (American Express and Bank of America) the application rules don't conflict. Many points enthusiasts hold both, they pair well when one earns flexible bank points and the other earns a different currency.
Should I get the The Business Platinum Card from Amex or the Bank of America Premium Rewards first?
Get the one whose sign-up bonus you can hit comfortably without overspending. The Business Platinum Card from Amex: $20,000 spend in 3 months. Bank of America Premium Rewards: no published min spend. Pick the easier minimum spend if you're new to points; pick the larger bonus if you have planned big purchases coming up.

Card details on this page reflect the most recent data we've verified against the issuer's own site. Sign-up bonuses and fees can change at any time, confirm the current offer on the issuer's page before applying.