American Express Business Gold Cards provide access to Amex Membership Rewards points that are both flexible and valuable, offering 4x points in bonus categories such as advertising, dining and shipping.
This card also comes equipped with many useful benefits, including expense management tools, FedEx discounts and car rental insurance coverage. While its annual fee may be costly, those spending in bonus categories could find that their spending pays off handsomely.
1. 4X Membership Rewards Points on Airline & Hotel Purchases
The Amex Business Gold Card comes equipped with an impressive set of expense management tools to assist small businesses in monitoring spending and optimizing rewards, while offering unique travel benefits like 4X Membership Rewards points on airfare and hotel purchases – these perks may more than offset its annual fee in the long run.
The American Express Business Gold Card features a flexible credit limit that adapts to your card spending habits based on factors like your company history, buying trends and payment behavior – making it easier to earn rewards than cards with fixed spending limits.
Use Amex points to book airline, hotel and car rental reservations through Amex Travel’s portal. Your points may have different values depending on where and how you redeem them – usually at least one cent in value per point when booked through this platform. Alternatively you could redeem them for merchandise, gift cards or even payoff of statement balances but these redemption options often offer less return.
American Express Business Gold Cards provide frequent business travelers with more than just 4X points on airfare and hotel purchases; in addition, they come equipped with valuable travel perks that make them an outstanding choice. You could earn a $100 statement credit after staying twice at The Hotel Collection properties as well as receiving a room upgrade during subsequent stays.
This card’s annual fee may seem high, but for many business owners with large expenses and frequent travel plans it could prove worthwhile. Even just taking advantage of its welcome offer can be enough to offset its cost – especially if spending heavily in two top bonus categories and taking advantage of its 25% flight bonus!
2. 4X Membership Rewards Points on Advertising Purchases
If your business spends on advertising, this card offers outsized rewards value. With 4X points earned on advertising purchases and 14% returns during its inaugural year of card membership – even this welcome offer covers most small business annual fees of $295! Although its upfront value may not match other cards’, you can maximize its benefits through point transfers and redemptions; one such benefit being redeeming Membership Rewards points for airfare at special rates that provide tremendous returns on those flights.
Your Rewards Dollars give you the flexibility of redeeming them for gift cards, merchandise and other business-related items worth approximately 0.6 cents per point – you could even cover card charges with them! But since only up to $150,000 of total spending (including all bonus categories) earns 4X rewards each calendar year, we recommend using bonus categories instead for most spending.
Formerly, this card offered the ability to earn 4X on shipping and airfare purchases, as well as other categories. Unfortunately for small businesses using these categories regularly, those currently holding them will keep enjoying those benefits until January 2024.
The Amex Business Gold Card is an ideal solution for small businesses that can take full advantage of its 4X earning categories. For those who can, this card offers generous welcome offers, travel partner selection and returns rates that exceed average rates. However, smaller budgets with limited travel needs might find another card more suitable – perhaps one with high-earning flat-rate categories can still provide significant value out of pairing two high-earning flat-rate cards for everyday spending needs.
3. 4X Membership Rewards Points on Computer Hardware & Software Purchases
The Amex Business Gold Card can be an ideal solution for small businesses that spend heavily in bonus categories, especially spending several thousand each month in these two. When your earning rate can offset the annual fee (or $375 if submitted on or after 2/24) easily, making this card well-worth considering for certain small businesses. Be wary, though; prior to applying make sure your personal credit is good and the card won’t breach 5/24 slots in your business credit system.
This card may not be the ideal choice for luxury travel enthusiasts looking for lounge access and elite status with hotel and rental car programs, since other cards provide better rewards rates on these types of spend. Furthermore, you only earn 4X Membership Rewards points on two spending categories each billing cycle – making this card less useful to those seeking all-around points accrual than expected.
The card offers some valuable perks, including access to The Hotel Collection and an airline fee credit. In addition, it offers up to an $800 cell phone protection benefit per claim; no-fee foreign transaction makes it ideal for international travel; and now features Walmart+ membership credit allowing for potential savings on office supplies, fuel and more!
4. 4X Membership Rewards Points on Gas & Grocery Purchases
With 4X points on gas and grocery purchases, Amex Offers one of the highest rewards rates on these categories. In addition, Uber cash credits and statement credits provide additional dining and travel credits that come included with this card. Furthermore, Amex may provide targeted offers such as $100 hotel credits when booking stays of two nights or longer through The Hotel Collection.
Welcome offers are generous for new cardmembers of this card as well. After spending $10,000 within three months of account opening, new cardmembers can receive 70,000 Membership Rewards points as a welcome gift – enough to cover its annual fee and potentially even surpass it within two years! Using its four times earning rate could even allow cardmembers to surpass it even quicker!
However, the Business Gold card lacks some of the travel protection features of luxury business cards and may lack certain valuable perks such as Global Entry/TSA Precheck credits.
With an annual fee of $295, the Business Gold card isn’t exactly inexpensive. Therefore, it is crucial to carefully assess how much of an earning potential it provides in each bonus category and whether its points offset its fee based on conservative valuation of 1 cent per Membership Rewards point. Based on your expenses, another card might be more suitable; especially if most of your spending falls outside bonus-earning categories. Small businesses might find the Amex Blue Business Plus card more advantageous, as it earns three-fold points when booked through American Express Travel and 1.5-fold points when used at U.S. restaurants, construction material & hardware retailers, electronic goods providers and cloud computing providers as well as shipping providers.
5. 4X Membership Rewards Points on Restaurant Purchases
American Express Business Gold Cards may not offer many entertainment benefits, but one major one is earning up to $20 in flexible statement credits every month (up to $240 annually) when used to purchase from Grubhub – this makes redeeming your MR points very valuable at 1.33 cents of value per point!
Amex Business Gold Card provides new cardholders with an attractive welcome bonus of 70,000 points after spending $10,000 within three months of becoming members, which will more than cover its annual fee if used alongside another rewards-heavy Amex account.
Amex Business Gold Card not only offers great earning rates but also numerous travel benefits ancillary to earning them, such as 4X Membership Rewards points when paying for airfare or hotels with Pay With Points as well as an Airline Bonus of 25% when booking using this method.
Another fantastic benefit is Amazon Prime subscription – although only available to new cardholders for one year! Additionally, adding authorized users can increase earnings further as Amex frequently runs special promotions where additional cardholders qualify to earn Membership Rewards points with purchases they make.
With its enhanced earning on select categories, Amex Offers and other useful perks, the Amex Business Gold Card should be given consideration by any business that counts dining as one of its primary expenses. Just make sure to calculate its benefits carefully to see if their value matches or exceeds its annual fee before making your decision.