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The Business Platinum Card® from American Express is a favorite business card at TPG, and it just got a whole lot better.

To end 2024 with a bang, Amex Business Platinum just introduced up to $200 in Hilton statement credits per calendar year. (Credit to Frequent Miler for flagging this.)

Let’s dive into this benefit and how it compares to similar statement credits offered by some other American Express-issued cards.

$200 Hilton credit

Amex Business Platinum cardmembers now receive up to $200 in statement credits per year, split into up to $50 per quarter (enrollment required).

Purchases made directly with a Hilton portfolio property using your Amex Business Platinum card are eligible to receive the statement credit. Those can include eligible room rates as well as incidental purchases charged to the room, including dining purchases, room service and spa treatments.

You must also have a  Hilton for Business membership to receive the statement credit. If you don’t currently participate in the program, you will be registered upon enrolling in this benefit.

The new statement credit has the Business Platinum joining the Hilton Honors American Express Surpass® Card and Hilton Honors American Express Business Card in offering a quarterly Hilton credit.

It’s important to note that the benefit on the Hilton Surpass and Hilton Amex Business only requires enrollment with American Express, whereas the new statement credit requires enrollment with Hilton for Business.

If the new statement credit on the Amex Business Platinum works similarly to the Hilton Surpass and Hilton Business, then data points suggest the following purchases also trigger the statement credit, even when not staying at a hotel:

• Gift store purchases at a Hilton property
• Dining purchases at a restaurant in a Hilton property
• Hilton online gift card purchases

Check out our guide to maximizing Hilton statement credits to learn the best ways to utilize the new benefit on the Amex Business Platinum.

Bottom line

This is a great development for the Amex Business Platinum, giving cardmembers more value above and beyond the card’s $695 annual fee (see rates and fees).

If you’re a current cardmember, log in to your account to enroll in the benefit and sign up for Hilton for Business. For those who’ve had this card on their radar, it just became a lot more travel-friendly, and now’s a good time to apply.

To learn more about the card, read our full review of the Amex Business Platinum.

Apply here: Amex Business Platinum

For rates and fees of the Amex Business Platinum, click here