Top Reasons to Get the American Express® Business Gold Card
Nice Welcome Offer
One of the American Express gold card benefits is the potential to earn 70,000 membership rewards points. For that, you must spend $10,000 with your card on specific purchases within the first three months of card acquisition.
Lucrative Rewards
You can choose two categories in which your business spends a lot (out of six options). Whenever you purchase in those categories, you earn four membership points per dollar (with a cap of $150,000). All other spending will get you 1 point per dollar.
No Foreign Transaction Fee
The American Express business gold card annual fee is zero, which is great news for business owners who travel often and are eager to save money when abroad.
Other Benefits
The interest rate was decent enough, and you could choose to pay over time or pay in full.
You get car rental loss and damage insurance
Baggage insurance and global assistance are also offered
Pros and Cons
Pros
- The liberty to choose the categories
- You get some luxury perks
Cons
- The American Express business gold card requirements are unclear
- There are spending caps on bonus rewards
Is It the Right Card for You?
If you want an American Express gold card, the American Express® Business Gold Card might be a good choice due to its ability to earn high points in the category of your choice.
There is little clarity on American Express business gold card credit score, but you need a good or excellent credit score to increase your probability of getting one.
Pick this card if you have heavy recurring expenses in the mentioned categories and love AMEX’s luxurious perks!
Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any other entities.
