Is the American Express Gold Card worth the annual fee? If you make use of the card's annual credits and you spend a lot on dining and groceries, the card can be well worth the $250 fee. If you're not maximizing the credits and bonus categories, another card could be a better choice.
This requires more work and even more spending — approximately $6,250 to $25,000 in purchases is required to offset the annual fee, depending on the categories you spend in. The quickest way to recoup the Amex Gold's annual fee is to spend a combined $6,250 at U.S. supermarkets and restaurants.
If you're an everyday cardholder wondering if the Amex Gold is worth it for you, take it from us: The Amex Gold is one of the best cards on the market if you spend heavily on food and make the most of its perks on dining and travel. This card's value can more than cover its $250 annual fee in the right hands.
Yes, it is hard to get the American Express® Gold Card because it requires at least good credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be very hard for you to get approved for the Amex Gold card.
The American Express® Gold Card is constructed with a mix of materials that include stainless steel, just like the Platinum Card. The difference is that the Gold Card is slightly lighter and features its signature gold color.
Yes, the Amex Gold card is a metal card. New Amex Gold card applicants don't need to specify that they want a metal card, either – it's standard. It's worth noting that regardless of its name, the Amex Gold card is not made of gold.
When Select crunched the numbers and analyzed more than 200 credit cards, we found that consumers could earn substantial rewards with the Amex Gold Card over a five-year period. Unlike other credit cards, this one allows you to carry a balance for certain charges, but not all.
The Gold Rewards Card Will Be Temporarily Discontinued
After all, the new-generation Cobalt Card as of August 16 will effectively cannibalize the Gold Rewards Card in the same $150-annual-fee segment of the market, along with a far more powerful 5x earning rate on points that can be transferred to airlines and hotels.
The Amex Gold card does not offer any complimentary airport lounge access.
Apply for the Amex financial relief program: If you're having difficulty paying your annual fee due to unforeseen financial difficulty, apply for the financial relief program online or call Amex at (866) 703-4169. You could potentially have your annual fee waived.
However, there is one card that offers the perfect “in-between” balance — the American Express® Gold Card. The Amex Gold (now available in rose gold as well as the standard gold card design) has never fit well into the premium card category, nor does it truly belong in the entry or mid-level tiers.
Amex Gold 90,000- or 75,000-point offers
Those targeted for the 75,000-point offer will have the same spending requirement and timeline. TPG values 90,000 Membership Rewards points at an impressive $1,800, while 75,000 points are worth a solid $1,500.
Amex Platinum ultimately offers more value, though. For example, its benefits include airport lounge access, while the Amex Gold Card's perks do not. When it comes to ongoing rewards on purchases, Amex Platinum has a higher maximum earning rate and better travel rewards. But Amex Gold provides more everyday value.
The main reason why Amex cards are so expensive is that many American Express credit cards offer generous rewards rates and high-end perks, which warrant steep annual fees. Amex cards are targeted toward people with good credit and high incomes who are likely to charge large amounts to their cards every month.
The Platinum Card® from American Express. The Platinum Card® from American Express is one of the most prestigious cards on the market, with a $695 annual fee to match (Terms Apply.
Yes. One of the great perks about the lounge is that you are offered free hot meals and free drinks, including alcoholic beverages. In fact, each Amex Centurion Lounge has its own specialty cocktails you can request.
If you have an Amex Gold card, you will receive your Priority Pass within the next three weeks.
Having both the Amex Gold and Amex Platinum can make sense if you use both cards enough to offset the annual fees. You can use the American Express® Gold Card for its dining credits and 4x purchase rewards on dining and supermarket purchases.
The Gold card has higher point-earning potential on dining out and spending on flights booked through the Amex Travel portal, while the Blue Cash Preferred® has the advantage in higher points earned in U.S. supermarket spend, streaming subscriptions, transit purchases, and at U.S. gas stations.
Some say that the Platinum card is simply a dressed up Gold card. The Gold card will cost you a $250 annual membership fee. While the Platinum account charges no interest because balances must be paid in full each month, the Gold card offers the option of carrying a balance on certain purchases over $100 with interest.
Annual airline credit. The Luxury Card™ Mastercard® Gold Card™ offers $200 in annual air travel credit toward purchases like airline tickets, baggage fees and upgrades. The Luxury Card™ Mastercard® Black Card™ offers $100 a year in such credit. Credit for Global Entry or TSA Precheck application fee.
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No, you don't have to pay off all American Express card every month. Most Amex credit cards allow you to carry a balance from month to month, requiring only a monthly minimum payment to keep your account in good standing.
The highest level American Express card is the Centurion card, which is also known as the 'black card.
It's perhaps most important to note that despite rose gold's allure, the only difference between the American Express® Gold Card and Rose Gold Card is the color. In fact, a Rose Gold Card's benefits, features, and welcome offers are all identical to those offered to Amex Gold Card Members.