FIRST CARD
VSSECOND CARD
American Express Business Platinum or Bank of America Premium Rewards?
American Express Business Platinum returns $1,274 over its fee and Bank of America Premium Rewards returns $30, so the fee difference comes down to which categories you use.
American Express Business PlatinumAmerican Express · $895 fee · 9 credits
Bank of America Premium RewardsBank of America · $95 fee · 2 credits
NET VALUE+$1,274$2,169 credits
NET VALUE+$30$125 credits
| CATEGORY | BUSINESS PLATINUM | BANK OF AMERICA PREMIUM REWARDS |
|---|---|---|
| 🌎Travel | $1,209 | $125 |
| 💼Business | $660 | — |
| ✨Lifestyle | $270 | — |
| Lounge Access |
BEST NET VALUE
AMERICAN EXPRESSAmerican Express Business Platinum
FEE$895
CREDITS$2,169
NET+$1,274
Category wins3 of 3
ADDITIONAL BENEFITS
TAKE THE AMEX BUSINESS PLATINUM IF
You use travel, business, lifestyle. Business and Lifestyle alone are worth $930 here and nothing on the Bank of America Premium Rewards.
Track what you useAdd your card and mark the credits you collect. The calculator does the rest.
Start tracking freeFrequently asked questions
Which is better, American Express Business Platinum or Bank of America Premium Rewards?
The American Express Business Platinum is better with $1,274 net annual value compared to the Bank of America Premium Rewards at $30. The American Express Business Platinum wins by $1,244/year.
What's the difference between American Express Business Platinum and Bank of America Premium Rewards?
The key differences: American Express Business Platinum has a $895 annual fee and $2,169 in annual benefits, while Bank of America Premium Rewards has a $95 annual fee and $125 in annual benefits. The annual fee difference is $800.
Which has a lower annual fee, American Express Business Platinum or Bank of America Premium Rewards?
The Bank of America Premium Rewards has a lower annual fee at $95 compared to the American Express Business Platinum at $895. However, the American Express Business Platinum offers $2,169 in total annual benefits.
Is the American Express Business Platinum worth it compared to the Bank of America Premium Rewards?
Yes, the American Express Business Platinum offers better value with $1,274 net annual value compared to $30 for the Bank of America Premium Rewards. Even though it has a higher annual fee ($895 vs $95), the American Express Business Platinum provides more total benefits.
Amex vs Bank of America: which issuer is better?
For these specific cards, Amex's American Express Business Platinum offers better value with $1,274 net annual value. Consider which issuer's broader ecosystem (transfer partners, redemption options) fits your needs.
Which card is better for travel?
The American Express Business Platinum is better for travel with $1,209 in annual travel benefits compared to $125 for the Bank of America Premium Rewards.