Unlock Hidden Perks: The Credit Cards That Could Save You Thousands on Your Next Car Purchase!
Apply here: American Express Platinum
American Express Business Platinum: Best for big spenders
Annual fee: $695 (see rates and fees)
Welcome offer: Earn 150,000 bonus points after spending $20,000 on eligible purchases within the first three months of card membership.
Earning rate on car purchases: 1.5 points per dollar spent on eligible U.S. purchases over $5,000 (on up to $2 million in purchases per calendar year)
Why it’s a good choice: The Business Platinum Card® from American Express is similar to the personal Amex Platinum and has no preset spending limit. This card is another ideal choice as it earns 1.5 points per dollar spent on purchases of $5,000 or more. A $10,000 down payment on a new car would earn you 15,000 Amex points, worth $300 according to TPG’s July 2025 valuations. The amount you can spend adapts based on factors such as your purchase, payment and credit history.
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