Platinum Business FreedomPass(SM) Credit Card
If you have very good credit and plan to use the rewards program then Platinum Business FreedomPass(SM) Credit Card is a credit card for business you should consider using.
Quick facts:
- Our rating: A
- Interest rate: 0% intro APR for first 12 months; variable (8.99%, 10.99%, 12.99% or14.99%) thereafter, based on your credit history; Balance Transfer APR: 7.99% fixed for the life of the balance
- Earning rewards: 1 point for 1 dollar on all purchases
- Reward options: discounts on purchases at airlines, hotels, car rentals, cruise lines, travel agencies, tour operators, and on-line travel sites; special discounts at participants retailers
As part of the reward program, the cardholder earns 1 point for each dollar spent on all purchases. Also, a bonus of 5,000 points is given after the first purchase. The points never expire and there isn’t a limit towards how many points you can earn. You can redeem the points for discounts on purchases at airlines, hotels, car rentals, cruise lines, travel agencies, tour operators, and on-line travel sites. Points can be redeemed in 7,500 increments (equal to $100).
The card has no annual fee and 0% intro APR for first 12 months. The APR for purchases is variable (8.99%, 10.99%, 12.99% or14.99%) thereafter, based on your credit history. The Balance Transfer APR is 7.99% fixed for the life of the balance but only if transfer is made during the first 6 months.
The card also comes with American Express credit cards benefits such as travel insurance, auto rental insurance and special discounts at participant retailers.
If you have very good credit and plan to benefit from the discounts available as part of the rewards program then the Platinum Business FreedomPass(SM) Credit Card is the card for you. Just make sure to review the list of participant retailers as it is quite restrictive.
If the Platinum Business FreedomPass(SM) Credit Card isn’t the one for you, read about the many other many other options in both credit cards for business and airmile credit cards.