Link: Learn more about the American Express® Business Gold Card
The American Express® Business Gold Card is one of the most rewarding business cards if you’re looking to earn Amex Membership Rewards points. We’ve just seen an excellent new welcome offer rolled out on this card, making it an ideal time to apply. Or more accurately, we’ve seen an offer that could be excellent, as it’s variable. If you’re eligible for this card, it’s absolutely worth seeing what’s available to you.
See what Amex Business Gold Card offer you’re eligible for
The Amex Business Gold Card now has a welcome offer where you can earn a bonus as high as 200,000 Membership Rewards points after spending $15,000 within the first three months. Personally, I value Amex points at 1.7 cents each, meaning that to me, the 200,000 points are worth $3,400.
There are lots of great uses for Amex points, as they can be transferred to all kinds of useful airline and hotel partners. Of course let me emphasize that not everyone will be eligible for this offer, which is why you’ll want to check what’s available to you.
Who is eligible for the Amex Business Gold Card bonus?
In line with Amex’s “once in a lifetime” rule, the welcome offer on the Amex Business Gold Card isn’t available to those who currently have the card, or those who have had the card (or previous versions of the card) in the past. On top of that, Amex’s general card restrictions apply.
There are a few additional things to note:
- You are eligible for the bonus on this card if you’ve had any other Amex card, so you can apply for this card even if you have another Amex business card, or the personal version of this card
- While Amex typically has a limit of letting someone have at most five Amex credit cards (including personal and business cards), that doesn’t include this product, since it’s not a traditional credit card
- If you’re worried about the Chase 5/24 limit, getting approved for the Amex Business Gold shouldn’t count as a further card toward that limit
- Amex does sometimes have application pop-ups indicating that you may not be eligible for a bonus even though you meet the published requirements otherwise, and in those cases there’s not much you can do
Anecdotally, I find this to be a pretty easy card to get approved for, and you can read about my experience applying here.
Why the Amex Business Gold Card may be worth it
The Amex Business Gold Card has a $375 annual fee (Rates & Fees). There are many reasons to consider picking up this card.
I’d say the single biggest reason to get this card is because of the rewards structure. Each billing cycle, the card earns 4x Amex points in the two categories in which your business spends the most. There are a total of six eligible categories to choose from. Note that you earn 4x points on the first $150,000 in combined purchases from these categories each calendar year, and then 1x points thereafter.
Categories eligible for 4x points include the following:
- Purchases at U.S. 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.
On top of that, the card offers some credits that can help offset the annual fee:
- The card offers up to a $240 flexible business credit annually; this comes in the form of a $20 per month statement credit that can be used toward eligible purchases with FedEx, Grubhub, and office supply stores (Enrollment required)
- The card offers up to $155 in Walmart+ credits annually; this comes in the form of a $12.95 monthly credit toward a Walmart+ membership, which covers the entire cost of that, and can save you money on shipping and delivery of Walmart purchases, and can also save you money on prescriptions and gas. (Enrollment required)
Read a full review of the Amex Business Gold Card here.
Bottom line
The Amex Business Gold Card has an excellent welcome offer that’s as high as 200,000 bonus Membership Rewards points upon completing minimum spending. While the spending requirement is significant, so is the number of points you can earn, so this is worth it if you can swing it… assuming you’re eligible!
The main reason to consider picking up this card (beyond the great welcome offer) is because it offers 4x points in valuable categories. On top of that, though, the card offers some credits that can help offset the annual fee.
Do you plan on picking up the Amex Business Gold Card with the current welcome offer?
The following links will direct you to the rates and fees for mentioned American Express Cards. These include: American Express® Business Gold Card (Rates & Fees).
