AMEX Business Gold Rewards Card: Maximize Your Business Spending
By Geo on October 22, 2024
Non-affiliate disclosure: All information about this card has been independently collected by US Credit Card Guide and has not been reviewed by the issuer.
Latest Updates
October 2024 Update: Discover new stable links offering a 250k points bonus. Access the application link below. These links have been shared by users on the US Card Forum.
September 2024 Update: The 200k points offer has expired. Currently, a stable 175k offer is available. Use incognito mode to potentially access the 200k offer via our forum links.
July 2024 Update: The new offer is now 200k, marking the best-ever offer for this card. Additionally, a limited-time white gold card design is available.
Benefits
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200k Offer: Earn 200,000 Membership Rewards (MR) points after spending $15,000 in the first three months. This is the most generous offer available on this card.
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We value Membership Rewards points at approximately 1.6 cents each. Thus, the 200k sign-up bonus translates to about $3,200!
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4X Membership Rewards Points: Earn 4X points on the two categories where your business spends the most per billing cycle from the list below, plus 1X on other purchases. This applies to the first $150,000 in combined purchases each calendar year. Earn 3X points on amextravel purchases and 1X point per dollar thereafter.
- U.S. computer hardware/software/cloud solutions purchases
- U.S. advertising in select media
- Gas station purchases
- Restaurant purchases
- Transit
- Wireless phone services
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25% Airline Bonus (expires 2024.2.1): Receive 25% of Membership Rewards points back when using Pay With Points for flights booked with American Express Travel. Applicable for flights on qualifying airlines, up to 250,000 points back each year.
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[New] $20 Business Credit: Get a $20 statement credit monthly for FedEx, Grubhub, and office supply stores. Enrollment required.
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[New] Complimentary Walmart+ Membership: Pay for Walmart+ membership with this card and receive a full credit back ($12.95/month).
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Access to Amex Offers featuring exclusive discounts.
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Purchase Protection: Eligible purchases are covered against damage or theft for 90 days, up to $1,000 per occurrence.
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Extended Warranty: Get an additional year of warranty service beyond the manufacturer’s warranty for warranties of five years or less.
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Baggage Insurance: Up to $500 for lost or delayed checked bags and $1,250 for carry-ons.
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Premium Roadside Assistance: Covers emergency automotive services four times a year, including flat tire changes, battery jumps, and towing up to 10 miles.
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No Foreign Transaction Fee.
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This is an accessible card for approval as it is a charge card with no pre-set spending limit, requiring full balance payment monthly.
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AMEX allows the use of your Social Security Number (SSN) instead of a Tax Identification Number (TIN) for sole proprietorship applications.
- Refer a Friend: Earn 20,000 bonus MR points for each approved referral, up to 55,000 MR points per year.
Disadvantages
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Annual Fee: $295, not waived the first year. It will increase to $375 starting February 1, 2024.
- Authorized User Fee: $50 (waived the first year) for the first authorized user, with no fee for up to 98 additional users.
Understanding MR Points
- Earn MR points with various AMEX cards, such as AmEx Green, Gold, and Platinum.
- MR points from different cards accumulate in the same account.
- Points never expire unless all MR cards are closed.
- Transfer MR points to airline miles with partners like ANA and Air Canada for valuable usage, valued at approximately 1.6 cents/point.
- Use the AmEx travel portal for fixed-rate redemptions, or cash out with the AmEx Platinum for Schwab at a 1.1 cents/point rate.
Recommended Application Time
- The welcome bonus is available only once per lifetime, so apply during the highest offer periods.
- AmEx leniently handles hard pulls and applicants with six months of credit history.
Summary
The AMEX Business Gold Rewards Card offers valuable perks suitable for businesses with substantial computing expenses. Remember that MR points from business and personal cards pool together. Should you wish to cancel while maintaining your MR points, consider applying for the no-annual-fee AMEX EveryDay (ED) to preserve future usage of MR points.
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