The Points Mom

About American Express Business Gold Card

Apply For The American Express Business Gold Card Here

Card Highlights

American Express Business Gold Card is a Charge Card

With a charge card, there are no interest charges because you pay your balance in full each month.  If you become eligible, you may be given the option to extend payment over time on certain charges using Amex’s Pay Over Time feature(s). If you use these features, you may accrue interest on any charges you choose to pay over time.  But remember, this is not advised by me. The points game does not work well, if you are carrying a balance and accruing interest. See #4 in Let’s Get Started To Earning Free Travel.

Card Rewards

Earn Membership Rewards with the card. Learn about the American Express Membership Rewards Program here.

Sign-up Bonus

Before you apply, make sure your ability to get the sign-up bonus is not limited by American Express lifetime language or the 5 card rule or the 90 day rule or the other factors language.

Annual Fee

$295, $375 for applications received on or after 2/1/24

Additional Cardholder Fees

It is $50 for the first additional card and no annual membership fee for each additional card. The maximum number of additional cards on an account is 99.

Earn Points on Spending

You earn 4x Membership Rewards points per $1 on the 2 top monthly categories where your business spent the most each billing cycle.  These categories that can earn the 4X points are…

Advertising (online, TV, radio)

Restaurants

Gas Stations

U.S. purchases made from electronic goods retailers and software & cloud system providers

Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways

Wireless telephone service charges made directly from a U.S. wireless telephone service provider

You earn 1x Membership Rewards points in the remaining four categories and on all other purchases.

4X points applies to up first $150,000 in combined eligible purchases from these 2 categories each calendar year then earn 1 point per dollar.

$240 Flexible Business Credit

Earn up to $20 in statement credits monthly when you pay with The Business Gold Card at participating partners. Note, enrollment required.  At the time of this post, participating partners are Grubhub, FedEx and Office Supply Stores.

The cost of a $12.95 Walmart+ monthly membership is reimbursed with a statement credit after you pay for Walmart+ each month using your card.

And starting in September, someone who has a Walmart+ Membership will be given access to Paramount+ for free.

So, in summary, if you want free Paramount+, activate your Walmart+ benefit and charge the membership to your Platinum card. Each month, you will get credited back the $12.95 monthly membership fee. AND, with that membership, you will get Paramount+.

No Foreign Transaction Fees

Pay no foreign transaction fees when you use your card on purchases made outside the United States.

Transfer Points To Frequent Traveler Programs Or Use Membership Rewards Pay With Points

You can read here about each of these methods of using your American Express Membership Rewards.

25% Travel Bonus-ENDING 2/1/24

Get 25% Membership Rewards points back when you use the Pay with Points feature through American Express Travel for either a First or Business class flight on any airline, OR for flights with your selected qualifying airline (25% Airline Bonus), up to 250,000 bonus points per calendar year.

Note, for First or Business class flights on a Card Member’s selected qualifying airline, the Card Member will still receive only 2.5 extra points back for every 10 points redeemed. So basically, no double dipping!

You can select a qualifying airline at https://global.americanexpress.com/card-benefits/enroll/airline-choice/business-gold.

$100 Credit If You Stay At A Property That Is Part Of The Hotel Collection

If you stay a minimum of two nights at a Hotel Collection resort, you can receive a room upgrade, if available and a $100 hotel credit on qualifying dining, spa, or resort activities booked thru Amex.

Cell Phone Protection

You can be reimbursed for your costs to repair or replace your damaged or stolen cell phone up to $800, subject to a $50 deductible, for 2 approved claims per 12-month period when your prior month’s wireless bill was paid using your card.

Purchase Protection

Purchase Protection protects eligible purchases made with the Card in the event they are accidentally damaged or stolen for up to 90 days from the date of purchase.

Trip Delay Insurance

If you purchase a round trip ticket entirely with your Amex Card, you may be able to take advantage of the Trip Delay Insurance benefit.  Read more here.

Global Assist Hotline

If you travel more than 100 miles from home, you have Global Assist Hotline available for 24/7 medical, legal, financial and other select emergency assistance and coordination services, such as medical and legal referrals, emergency cash wires, and missing luggage assistance. 
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Baggage Insurance Plan

You can be covered for lost, damaged, or stolen Baggage when you purchase the Entire Fare for a Common Carrier Vehicle ticket (e.g. plane, train, ship, or bus) on your card. Coverage can be provided for up to $1,250 for carry-on Baggage and up to $500 for checked Baggage. For New York State residents, there is a $10,000 aggregate maximum limit for all Covered Persons per Covered Trip. 
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Car Rental Loss and Damage Insurance

When you use your card to reserve and pay for the Entire Rental and decline the collision damage waiver at the rental Company counter, you can be covered for Damage to or Theft of a Rental Vehicle in a Covered Territory. Note, there are some exclusions and restrictions and not all vehicle types or rentals are covered. Coverage is not available for vehicles rented in Australia, Italy, and New Zealand. Note, this product provides secondary coverage and does not include liability coverage.
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Trip Cancel Guard

Provides up to 75% reimbursement if you cancel your eligible nonrefundable flight at least two full calendar days before. Read more here.

How We Anticipate Maximizing The Card’s Rewards

Rob used to have the old version of this card, but converted to the new version, read why. Also, read here about what two categories we will likely earn the 4X points in

I also got the card with a 70,000 points bonus and $300 in statement credits.  But then I canceled it in year 2.

Do You Have The Old Version Of The Business Gold Card?

If yes, you can get info about the card here.

More About The Card

Apply Here for the American Express Business Gold Card

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Learn About American Express Membership Rewards Here