American Express
Business Gold Card
Key Features
| Annual Fee | $375.00 |
| 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 select categories
- Statement credits on select purchases
Things to consider
- High annual fee
- High regular APR
- Limited rewards categories
- Rewards cap
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
- Earn 4X Membership Rewards points on the 2 categories where your business spends the most in each billing cycle from 6 categories.
- 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.
- 3X POINTS On Flights & Pre-Paid Hotels Booked on AmexTravel.com.
- 1X POINTS On All Other Eligible Purchases Made using the Business Gold Card.
Other features
- $240 Flexible Business Credit Enroll and get up to $240 back annually for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores.
- Earn up to $20 in statement credits monthly after you use the Business Gold Card for eligible U.S. purchases at FedEx, Grubhub, and Office Supply Stores. This can be an annual savings of up to $240. Enrollment required.
- $155 Walmart+ Credit For Walmart+ Monthly Membership Use your Business Gold Card to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes (excluding Plus Ups) back each month.
- Receive a statement credit for one monthly Walmart+ membership (subject to auto-renewal) after you pay for Walmart+ each month with your Business Gold Card.
- Know if you're approved with no personal credit score impact
Additional Notes
American Express can be accepted at 99% of places in the US that accept credit cards. Based on the Feb 2024 Nilson Report.