AMEX platinum business card, 150K MR with 20K spend in 3MO
Mar 26, 2015, 2:35 pm
#151
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
By submitting this application, you, as an individual and the Authorizing Officer of the Company, (a) are requesting us to open an Account in the name of the Company, (b) are requesting that we issue Card(s) as you direct, (c) are agreeing to be jointly and severally liable with the Company for all charges to the account, and (d) are REPRESENTING THAT ALL CARD(S) ISSUED ON THE ACCOUNT WILL ONLY BE USED FOR COMMERCIAL OR BUSINESS PURPOSES. Only qualified individuals 18 or over may be approved for a Card Account. This offer is available to US Residents.
Mar 26, 2015, 11:55 pm
#153
Join Date: Oct 2014
Posts: 67
I have good news, maybe.
I decided to just go ahead and apply.
Used the online link open.com/getplatinum
Put in my code on the letter and applied.
I essentially just made a new LLC on the IRS website just before applying (for a legitimate new business, just the timing has worked out for me with this).
Got issued an EIN number.
Applied with the business name, address etc... selected "partnership" as the type of business, since my wife and I will both be operating it together.
Put in annual revenue 0-49k, less than one year in business, and the EIN number.
Then it asked me to put in my social on the next page, and annual income.
I did so, and then I was approved. Simple as that.
Skeptical still, I called the number and gave the ref code in the congratulations email to confirm I got the 150k offer, and the rep told me yes.
He also said the words "I see you're a long time member of ours so we're going to rush you the card overnight, yadda yadda thank you blah blah...."
Why that's interesting to me is that the only other cards I have are the spg biz and the amex biz plat for my primary business
I decided to just go ahead and apply.
Used the online link open.com/getplatinum
Put in my code on the letter and applied.
I essentially just made a new LLC on the IRS website just before applying (for a legitimate new business, just the timing has worked out for me with this).
Got issued an EIN number.
Applied with the business name, address etc... selected "partnership" as the type of business, since my wife and I will both be operating it together.
Put in annual revenue 0-49k, less than one year in business, and the EIN number.
Then it asked me to put in my social on the next page, and annual income.
I did so, and then I was approved. Simple as that.
Skeptical still, I called the number and gave the ref code in the congratulations email to confirm I got the 150k offer, and the rep told me yes.
He also said the words "I see you're a long time member of ours so we're going to rush you the card overnight, yadda yadda thank you blah blah...."
Why that's interesting to me is that the only other cards I have are the spg biz and the amex biz plat for my primary business
Mar 27, 2015, 8:27 am
#154
Join Date: Apr 2010
Posts: 49
I spent average 150k or so annually over the last couple of years on the spg and biz plat cards.
I'm trying to think of the best way to go about it.
Really, I have no interest in spending 20k in 3 months on a new card if there's no nut at the end...
I'm thinking to call after the card comes in and speak to someone, but I wouldn't know where to start.
If they confirm that I would not be able to receive the bonus, then I'll plead my case politely, and if they still don't budge then I'll politely request to cancel the account and my other platinum account, and though I prefer to use AMEX, Chase and others reward me for my business without these types of restrictions...
Something along those lines. Maybe they'll budge or offer something or maybe not. Just kind of disappointed that they sent me the offer in the first place, especially if they know I'm already a customer with a biz plat card. That's really borderline infuriating, and seems dishonest to me.
Thoughts?
*Edit,
After looking at my credit report and seeing which cards report to my transunion and equifax, the SPG Biz and the Biz Plat that I had before don't report to them. They are both cards for my business, which is incorporated and not a simple LLC.
I remember putting in an EIN when i applied, but I'm not sure if I ever had to put in my social.
Is it possible to apply for a biz card with an EIN as a legit corporation and not use your social? Idk.
If so, then I believe I should be good, as this will be the first time AMEX is running my social? All a bit confusing.
Thoughts?
I'm trying to think of the best way to go about it.
Really, I have no interest in spending 20k in 3 months on a new card if there's no nut at the end...
I'm thinking to call after the card comes in and speak to someone, but I wouldn't know where to start.
If they confirm that I would not be able to receive the bonus, then I'll plead my case politely, and if they still don't budge then I'll politely request to cancel the account and my other platinum account, and though I prefer to use AMEX, Chase and others reward me for my business without these types of restrictions...
Something along those lines. Maybe they'll budge or offer something or maybe not. Just kind of disappointed that they sent me the offer in the first place, especially if they know I'm already a customer with a biz plat card. That's really borderline infuriating, and seems dishonest to me.
Thoughts?
*Edit,
After looking at my credit report and seeing which cards report to my transunion and equifax, the SPG Biz and the Biz Plat that I had before don't report to them. They are both cards for my business, which is incorporated and not a simple LLC.
I remember putting in an EIN when i applied, but I'm not sure if I ever had to put in my social.
Is it possible to apply for a biz card with an EIN as a legit corporation and not use your social? Idk.
If so, then I believe I should be good, as this will be the first time AMEX is running my social? All a bit confusing.
Thoughts?
Last edited by Apache137; Mar 27, 2015 at 9:27 am
Mar 27, 2015, 9:36 am
#155
Join Date: Feb 2015
Location: Sacramento
Programs: RR, QS, AS MP, SPG
Posts: 233
My wife got a 150k offer in the mail for the Amex Plat Business card (we don't have a business which is weird).
The exact offer was 100k points after $5k spend in 3 months, and then 50k extra points for +$10k more spend in 90 days.
We've "thought" about creating our own business since she's a CPA (currently working in the private sector), but we haven't jumped ship yet since creating an LLC in California is like $800 a year in fees alone.
The exact offer was 100k points after $5k spend in 3 months, and then 50k extra points for +$10k more spend in 90 days.
We've "thought" about creating our own business since she's a CPA (currently working in the private sector), but we haven't jumped ship yet since creating an LLC in California is like $800 a year in fees alone.
Mar 27, 2015, 9:46 am
#156
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
http://www.flyertalk.com/forum/24496714-post306.html
Mar 27, 2015, 9:48 am
#157
Join Date: Feb 2015
Location: Sacramento
Programs: RR, QS, AS MP, SPG
Posts: 233
No need to create a company. My spouse is a lawyer, and she was approved using the answers listed in post 306 in this thread:
http://www.flyertalk.com/forum/24496714-post306.html
http://www.flyertalk.com/forum/24496714-post306.html
Question about the business card though... if she does the business platinum card (has to use her social) will that prevent her from ever getting an amex platinum personal card since the bus. card is attached to the social?
Mar 27, 2015, 10:27 am
#158
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
2. Holding Business card(s) has no effect on her ability to qualify for a bonus for a personal card. They are separate products.
Mar 27, 2015, 1:12 pm
#159
Join Date: Aug 2013
Programs: AA EXP, Hyatt Diamond
Posts: 273
Business and Personal are separate products
Mar 28, 2015, 12:50 pm
#162
Join Date: Oct 2014
Posts: 103
The exact offer was 100k points after $5k spend in 3 months, and then 50k extra points for +$10k more spend in 90 days.
Does this mean $15k spend in the first 90 days to get the full bonus? Or is it $5k spend in 90 days, and then $10k spend in the FOLLOWING 90 days (total 180 days from app) ?
another question:
my roommate owns a (very) small business, and despite me trying to convince him otherwise, is furious that credit card companies keep sending him business offers like this (oh the horror! ) because of his anti-CC mindset. So yesterday I see the 150k biz plat offer just sitting on the ground in the living room, and of course my mouth starts watering.
He is an entrepreneur who is always demo-ing new products to small stores in our area, and I'm his main idea-collaborater / product pitch man.
Would I be able to apply under his targeted offer if I consider myself an employee of his business?
Mar 28, 2015, 3:34 pm
#163
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
Likely not, because the offer is tied to his name and Social Security number. American Express does not issue cards to small businesses, but rather to the people who own them.
Mar 29, 2015, 9:50 am
#164
Join Date: Apr 2013
Location: MCO, YEG
Posts: 1,182
Strangely, although what Mia says is correct, that they base their accounts off of SSN and they also restrict their personal card promotions to the person whose name is on it, they do not restrict their business promotional offers to the business/person who receives it. You can only apply for it with your own legitimate business, but you can use a different business' offer.
Mar 29, 2015, 9:54 am
#165
Moderator
Join Date: Jun 2003
Location: Miami, Mpls & London
Programs: AA & Marriott Perpetual Platinum; DL & HH Gold
Posts: 48,958
You may wish to explore this thread. Some success, some failure. Some posters may not specify personal vs business, but you can get a sense of what may work:
http://www.flyertalk.com/forum/ameri...solidated.html
http://www.flyertalk.com/forum/ameri...solidated.html