American Express launches new platinum card

 American Express and American Airlines have announced the launch of the American Express® / Business ExtrAA® Corporate Platinum Card. The new product is designed for mid-sized companies seeking to balance comfort, ease and productivity for their executive business travelers while simultaneously reducing corporate expenses. 

With the new Business ExtrAA Corporate Platinum Card, companies and executive business travelers will enjoy premium benefits and services, including one American Airlines domestic companion ticket per year, access to the Admirals Club® and concierge services.

The Card also comes with all of the benefits of the existing American Express® / Business ExtrAA Corporate Card, including offering companies up to four percent cash rebates on all American Airlines and American Eagle flights charged to the card, and Business ExtrAA points for all card purchases. Business ExtrAA points can be redeemed by member companies for flight awards, upgrades, Admirals Club memberships and conference rooms, and more. In addition, individual Card members receive a $50 American Airlines gift card for every $5,000 of eligible card spend.

“The new Platinum card product we are launching jointly with American Express is designed specifically for middle-market companies with business travel needs,” said Derek DeCross, Vice President of Sales for American Airlines. “In this tough economy, we understand face-to-face meetings are critical to the success of our corporate customers and we are happy to offer a product that can help turn necessary travel expenses into company savings and meaningful employee rewards.”

“Our corporate clients wanted a card designed for their frequent travelers that would enhance their travel experience and maximize travel rewards,” said Sheryl McKenzie, Vice President, American Express Global Commercial Card. “We are delighted to launch this new co-branded product with American Airlines and provide our discerning clients with a premium product that rewards their employees and saves their company money.”