American Express
Business Gold Card
Key Features
| Annual Fee | $375.00 |
| Sign-up Bonus | Up to 200,000 Membership Rewards Points |
| Rewards Rate | 1x-4x Membership Rewards Points |
| Regular APR | APR on purchases will be a variable rate, 17.74% - 28.49%, based on your creditworthiness and other factors as determined at the time of account opening. |
| Network | American Express |
About this card
The American Express Business Gold Card is a solid card with some notable strengths and weaknesses, meriting an overall rating of 3.4. Its most significant strength lies in the flexible and potentially lucrative rewards program, offering 4x points on the top two spending categories each month. This adaptability is a valuable feature for businesses with varying expenses. The card also benefits from the strong reputation of American Express, known for its customer service and reliability. However, the high $375 annual fee is a major drawback, requiring cardholders to carefully calculate whether their rewards earnings will offset the cost. Additionally, the APR is on the higher side, which can be a concern for businesses that carry a balance. The statement credits offer some value, but their utility is limited to specific merchants. Overall, the card is best suited for businesses that can maximize the rewards categories and take full advantage of the Amex benefits, making it a 'Good' but not 'Excellent' choice.
Pros & Cons
What's great
- Generous sign-up bonus
- High rewards rate on business categories
- Cashback on purchases
- Travel rewards
- No personal credit score impact for application
Things to consider
- High annual fee
- High spending requirement for bonus
- No intro APR period
- High regular APR
What this card offers
Sign-up bonuses
- AS HIGH AS 200,000 Membership Rewards Points after you spend $15,000 in purchases on your new Card within the first 3 months of Card Membership. Welcome offers vary and you may not be eligible for an offer.
Rewards
- 4X POINTS On Your Top 2 Eligible Categories
- 3X POINTS On Flights & Pre-Paid Hotels Booked on AmexTravel.com.
- 1X POINTS On All Other Eligible Purchases
- Earn 4X Membership Rewards points on the 2 categories where your business spends the most in each billing cycle from 6 categories: Purchases at US media providers for advertising in select media (online, TV, radio); U.S. purchases made from electronic goods retailers and software & cloud system providers; U.S. purchases at restaurants, including takeout and delivery; U.S. purchases at gas stations; Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways; Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S. While your top 2 categories may change each billing cycle based on where your business spent the most, you will earn 4X points on the first $150,000 in combined purchases from these categories each calendar year (then 1X thereafter). Only the top 2 categories from this list each billing cycle will count towards the $150,000 cap.
Other features
- Know if you're approved with no personal credit score impact
- Up to $240 back annually for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. Enrollment required.
- Walmart+ Monthly Membership credit: get up to $12.95 plus applicable taxes back each month when you pay with your Business Gold Card.
- American Express can be accepted at 99% of places in the US that accept credit cards.