Originally Posted by Djlawman
As to the AMEX platinum fee, realistically, how is the IRS going to ever know that you ever even set foot in an airport lounge using the lounge access feature? Therefore, I vote with those who think the AMEX is a safer deduction--if used for charging business expenses as well.
I'm sure many of the forum members already know, but for those that don't, AmEx offers a
Platinum Charge Card and a
Business Platinum Card. They both offer access to the airline clubs and both offer free participation in the Membership Rewards program.
The big difference between the two cards is the annual fee. The Platinum Card's annual fee is $395, and the Business Platinum Card is $300 ($95 cheaper). The Business Platinum Card also provides the cardholder access to the Open Network, includes discounts at Kinkos, Hertz, etc.