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Hilton Honors American Express Business Card vs The Platinum Card from American Express Exclusively for Charles Schwab

Both are well-respected travel cards. The Hilton Honors American Express Business Card comes from American Express at $195/yr; the The Platinum Card from American Express Exclusively for Charles Schwab from American Express at $695/yr. Below: side-by-side specs, an opinionated verdict, and the FAQs people actually ask before applying.

Bottom line

For most people the The Platinum Card from American Express Exclusively for Charles Schwab is the stronger pick today, the sign-up bonus is meaningfully larger ($790 more in estimated value) than the Hilton Honors American Express Business Card's. Get the The Platinum Card from American Express Exclusively for Charles Schwab first; revisit the Hilton Honors American Express Business Card after you've earned that bonus.

FeatureHilton Honors American Express Business CardThe Platinum Card from American Express Exclusively for Charles Schwab
Annual fee$195$695
Sign-up bonus130,000 pointsUp to 80,000 Membership Rewards points
Bonus value (est.)$650$1,440
Min spend to unlock bonus$6,000 in 6 mo$8,000 in 6 mo
IssuerAmerican ExpressAmerican Express
Card categoryhoteltravel
Best earning category (Hilton)12x1x
Transfer partnersNoneamex-mr
Headline benefits
  • 12x at Hilton
  • Free night cert after $15k spend
  • Second free night after $60k
  • Hilton Gold status
  • Invest with Rewards 1.1c/pt into Schwab
  • Centurion + Priority Pass + Delta Sky Club
  • 5X flights, 5X prepaid hotels
  • $1,500+ in annual credits
Read the full review
Hilton Honors American Express Business Card
$195/yr · 130,000 points
Read the full review
The Platinum Card from American Express Exclusively for Charles Schwab
$695/yr · Up to 80,000 Membership Rewards points

Editorial take: Hilton Honors American Express Business Card

If you stay at Hiltons, this is the underrated middle tier, the $60/quarter credit + the $15k-spend Free Night routinely cover the $195 fee, and Gold status is real value at any Hilton property.

Editorial take: The Platinum Card from American Express Exclusively for Charles Schwab

The premium Platinum for Schwab brokerage customers. Same lounge access, FHR, and credit suite as the Personal Platinum, but the killer feature is Invest with Rewards at 1.1 cents per point cash-into-brokerage — the highest fixed-value MR redemption in the program. Best for cardholders who don't max out airline transfer partners.

Common questions

Which card has the bigger sign-up bonus, Hilton Honors American Express Business Card or The Platinum Card from American Express Exclusively for Charles Schwab?
The The Platinum Card from American Express Exclusively for Charles Schwab has the bigger bonus, Up to 80,000 Membership Rewards points, worth roughly $1,440, versus 130,000 points (~$650) on the Hilton Honors American Express Business Card.
Is the Hilton Honors American Express Business Card's $195 annual fee worth it compared to the The Platinum Card from American Express Exclusively for Charles Schwab?
At $195/yr, the Hilton Honors American Express Business Card is in the mid-fee tier. Compare its specific perks (lounge access, travel credits, primary rental insurance) to the The Platinum Card from American Express Exclusively for Charles Schwab's, pick the one whose perks you'll actually use.
Can I have both the Hilton Honors American Express Business Card and The Platinum Card from American Express Exclusively for Charles Schwab?
Yes, though both are issued by American Express so the same issuer-specific application rules apply (Chase 5/24 if applicable, Amex once-per-lifetime bonus, etc.). 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 Hilton Honors American Express Business Card or the The Platinum Card from American Express Exclusively for Charles Schwab first?
Get the one whose sign-up bonus you can hit comfortably without overspending. Hilton Honors American Express Business Card: $6,000 spend in 6 months. The Platinum Card from American Express Exclusively for Charles Schwab: $8,000 in 6 months. 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.