The American Express® Gold Card and the American Express® Business Gold Card are two top-tier cards offered by Amex that offer as high as 4x points on several spending categories.
The Amex Gold is a great card for earning points at restaurants, U.S. supermarkets, and flights booked directly with airlines. Cardholders can also enjoy up to $424 in annual credits and nice travel and purchase protections.
The Amex Business Gold offers tailored rewards, earning 4x points in your top two spending categories each billing cycle from a list of six options (capped at $150,000 in combined purchases each calendar year). With up to $395 in annual statement credits and valuable redemption options through Membership Rewards transfer partners, this card can be a powerful earning tool for many businesses.
This article will compare each card based on several factors to help you make an informed decision on which card is the best to add to your wallet.
Full Reviews: American Express® Gold Card and American Express® Business Gold Card
Overview: Amex Gold vs Amex Business Gold
- Earn 100,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.
- 4x Points on Purchases in Your Top 2 Business Categories Each Billing Cycle (up to $150,000 in Combined Purchases Per Calendar Year; then 1x)
- Up to $395 in Statement Credits Each Year.
- $375 Annual Fee (Rates and Fees)
Welcome Bonus
Amex Gold:
The Amex Gold currently offers the following welcome bonus:
You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
Welcome Bonus Eligibility
You may not be eligible to receive a welcome offer on the American Express Gold card if you have or have had:
- American Express Gold
- American Express Platinum Card®
- The Platinum Card from American Express Exclusively for Morgan Stanley
- Platinum Card® from American Express for Charles Schwab
- Previous versions of the above cards.
Amex Business Gold:
The Amex Business Gold currently offers the following welcome bonus: Earn 100,000 Membership Rewards® points after you spend $15,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.
Earning Rewards
Amex Gold:
The Amex Gold earns Membership Rewards points and offers some very nice points multipliers to help you earn a lot of points:
- 4 points per dollar on dining at restaurants worldwide, on up to $50,000 in purchases per calendar year (then 1x points).
- 4 points per dollar U.S. supermarkets on up to $25,000 per calendar year (then 1x points).
- 3 points per dollar on flights booked directly from the airline or booked on AmexTravel.com.
- 2 points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- 1 point per dollar on all other eligible purchases.
Amex Business Gold:
The Amex Business Gold earns 4 Membership Rewards points per dollar in your top 2 categories each billing cycle, including:
- U.S. purchases made from electronic goods retailers and software & cloud system providers
- Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S.
- Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways
- U.S. media providers for advertising in select media (online, TV, radio);
- U.S. purchases at gas stations;
- U.S. purchases at restaurants, including takeout and delivery.
4x points apply to the first $150,000 in combined purchases from these 2 categories each calendar year, then earn 1 point per dollar.
You can also earn 3x points on flights and prepaid hotels booked via AmexTravel.com. All other eligible purchases earn 1 point per dollar.
Winner:
It’s a tie. The Amex Gold and the Amex Business Gold cards are in the same league when it comes to racking up points.
Both of them earn a maximum of 4x points, but you get the best value if you choose the card that matches your spending habits.
The personal card is for people who spend a lot on groceries, eating out, and traveling. Meanwhile, the business card is for business owners who spend a lot on online advertising, fuel, and shipping.
Card Benefits & Perks
Amex Gold:
The American Express Gold card offers the following benefits for its cardholders:
$120 Dining Credit: Earn up to $10 in monthly statement credits when you pay with the Amex Gold Card at participating dining partners, including Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment is required.
$120 in Uber Cash: Get up to $10 monthly Uber Cash for U.S. Uber Eats orders and rides when you add your American Express Gold Card as a payment method. Your Uber Cash can be redeemed using any American Express card.
$100 Resy Credit: Get up to $50 semi-annually in statement credits after you pay with the Amex Gold to dine at U.S. Resy restaurants or make other eligible Resy purchases. Enrollment is required.
$84 Dunkin’ Credit: You can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin’ locations.
Up to $100 in Hotel Credits: Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges with every booking of two nights or more through AmexTravel.com. Eligible charges vary by property.
No Foreign Transaction Fees (rates & fees): The Amex Gold’s lack of foreign transaction fees makes it an ideal choice for international purchases, especially considering you can earn 4 points per dollar at global restaurants (on the first $50,000 spent per calendar year, then 1 point per dollar).
Travel and Purchase Benefits
Trip Delay Insurance: When your trip is significantly delayed due to covered reasons like equipment failures or severe weather, this protection reimburses you for reasonable expenses including lodging, meals, toiletries, and medication. The coverage activates when you pay for travel with your card and extends to family members on the same itinerary, though you’ll need to seek reimbursement from the travel carrier first.*
Baggage Insurance Plan covers your baggage if it is lost, damaged, or stolen and you purchase your ticket with this card.*
Secondary Rental Car Insurance: This card provides backup protection for rental car damage or theft when you charge the full rental to your card.*
Extended Warranty Protection: When you purchase items with your credit card, you’ll get an extra year of warranty coverage on eligible items that have original manufacturer warranties of up to five years. This valuable perk means you can protect expensive electronics and appliances that come with longer manufacturer warranties without paying extra for store protection plans*
Return Protection allows cardholders to receive a refund for purchased items within a certain timeframe for items that merchants may not accept for return.*
ShopRunner Membership: As a cardholder, you’ll enjoy a complimentary ShopRunner membership, which provides free 2-day shipping and free returns at over 100 participating online retailers. This benefit can help frequent online shoppers save on shipping costs and streamline the return process.
Amex Offers: As an American Express cardholder, you can access Amex Offers. These targeted, limited-time promotions provide discounts or bonus points on purchases with select merchants. Offers are added to your card, and you’ll receive either a percentage or dollar amount back as a statement credit when you meet the offer terms. While offers vary and may not always align with your spending habits, this perk can be valuable when an offer matches your preferences.
* Eligibility and benefit level varies by card. Terms, conditions, and limitations apply. Please visit americanexpress.com/benefitsguide for more details.
Amex Business Gold:
The Amex Business Gold offers the following benefits:
$20 Monthly Credit: 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.
Walmart+ Credit: Get $12.95 back in statement credits each month when you pay for a monthly Walmart+ membership (subject to auto-renewal) with your Business Gold Card.
No Preset Spending Limit: This card offers the spending flexibility of no preset spending limit, which adjusts according to factors such as your purchase, payment, and credit history.
Trip Delay Insurance: When your trip is significantly delayed due to covered reasons like equipment failures or severe weather, this protection reimburses you for reasonable expenses including lodging, meals, toiletries, and medication. The coverage activates when you pay for travel with your card and extends to family members on the same itinerary, though you’ll need to seek reimbursement from the travel carrier first.*
Baggage Insurance Plan covers your baggage if it is lost, damaged, or stolen and you purchase your ticket with this card.*
Secondary Rental Car Insurance: This card provides backup protection for rental car damage or theft when you charge the full rental to your card.*
90-Day Purchase Protection: Your new purchases are covered against damage and theft for 90 days when you use your card. This protection helps safeguard your eligible items right from the moment you buy them.*
Extended Warranty Protection: When you purchase items with your credit card, you’ll get an extra year of warranty coverage on eligible items that have original manufacturer warranties of up to five years. This valuable perk means you can protect expensive electronics and appliances that come with longer manufacturer warranties without paying extra for store protection plans*
* Eligibility and benefit level varies by card. Terms, conditions, and limitations apply. Please visit americanexpress.com/benefitsguide for more details.
Winner:
The Amex Gold. While both the Amex Gold and Amex Business Gold cards offer travel and purchase protection, the Amex Gold also offers dining and travel credits.
Value of the Annual Fees
Amex Gold:
The American Express Gold has a $325 annual fee (rates and fees), which is offset by up to $424 in annual credits, trip and purchase protections, and extra points on dining, flights, and U.S. supermarkets.
Amex Business Gold:
The Amex Business Gold Card has an annual fee of $375 (rates & fees). While this is a substantial cost, the card offers several benefits that can help offset it.
You’ll receive annual statement credits for eligible purchases at retailers like FedEx, Grubhub, office supply stores, and for Walmart+ membership. The card also provides valuable earning potential, giving you 4x points in your top two spending categories each billing cycle, up to $150,000 in combined purchases per year.
Winner:
The Amex Gold because it comes with dining and travel credits that can even help offset its $250 annual fee.
Redeeming Rewards
Both Cards:
American Express Membership Rewards points are a versatile and valuable currency for travelers. The program offers numerous redemption options, with transfers to airline partners being the most lucrative way to use your points.
Amex partners with 18 airlines and 3 hotel chains, allowing you to access a wide range of travel possibilities. Some of the best redemptions include booking business class flights to Europe through Air France-KLM Flying Blue for as low as 50,000 miles one-way. Virgin Atlantic’s Flying Club offers excellent value for Delta One flights to Europe at 50,000 points, significantly less than booking directly through Delta.
For those planning a trip to Asia, transferring to ANA Mileage Club can yield incredible value. Round-trip business class flights from the West Coast to Tokyo can be booked for just 90,000 miles. Singapore Airlines KrisFlyer is another great option, especially for their renowned long-haul flights like New York to Singapore.
Domestic travelers can benefit from transferring to British Airways Executive Club for short-haul American and Alaska Airlines flights, with awards starting at just 8,250 Avios for distances up to 650 miles.
While transferring to airline partners typically offers the best value, Amex also allows direct redemptions for flights through their travel portal. However, this option generally provides lower value at 1 cent per point.
To maximize your Membership Rewards, focus on high-value airline transfers for premium cabin international flights. With strategic planning, you can unlock extraordinary travel experiences and significant savings on your next adventure.
Membership Rewards Transfer Partners [1 to 1]
|
|
|---|---|
Aer Lingus Avios
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AeroMexico [1 to 1.6]
|
Air Canada Aeroplan
|
Air France/KLM Flying Blue
|
ANA
|
Avianca LifeMiles
|
British Airways Avios
|
Cathay Pacific Asia Miles
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Delta SkyMiles
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El Al [1,000 to 20]
|
Emirates
|
Etihad Guest
|
Hawaiian Airlines
|
Iberia Avios
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JetBlue [250 to 200]
|
Qantas
|
Qatar Airways
|
Singapore KrisFlyer
|
Virgin Atlantic
|
Choice
|
Marriott Bonvoy
|
Hilton Honors [1 to 2]
|
Verdict
The Amex Gold and Amex Business Gold are both competitive cards on their own. The only difference between the two is that one is a personal card and the other is a business card.
However, the Amex Gold is the superior option because it provides more annual credits that can easily cover its annual fee.
The Amex Business Gold is designed specifically for business owners who spend a significant amount on advertising, software, shipping, and other business expenses. But, it’s a good secondary card to your Gold card if you want to keep your personal and business expenses separate.
Which one are you going to choose? Amex Gold? Amex Business Gold? Or both?
