American Express Business Gold Card
-
Annual Fee: $375
Highest Offer: 200,000 Membership Rewards (After spending $15,000 in 3 months)
-
4X Membership Rewards® points on the 2 categories where your business spends the most in each billing cycle from 6 categories (on your first $150,000 spent each year):
Purchases at US media providers for advertising in select media (online, TV, radio)
U.S. purchases made from electronic goods retailers and software & cloud system providers
U.S. purchases at restaurants, including takeout and delivery
U.S. purchases at gas stations
Transit purchases including trains, taxicabs, rideshare services, ferries, tolls, parking, buses, and subways
Monthly wireless telephone service charges made directly from a wireless telephone service provider in the U.S.
3X on Flights & Pre-Paid Hotels (Booked on AmexTravel.com)
1X On All Other Eligible Purchases
-
No Exclusive Benefits
-
$240 Flexible Business Credit ($20 monthly) Purchases at FedEx, Grubhub, and Office Supply Stores.
$155 Walmart+ Membership Credit Annually
$150 SquareSpace Credit Annually
Card Highlights
The card earns a whopping 4x points per $1 in the 2 categories (from a list of 6) that your business spends the most money on each month. With no need to opt-in or preselect your categories.
Is the Card Worth It After the 1st Year Sign Up Bonus?
Only 2 of the 3 credits is worth it. The Walmart+ credit is not useful and already comes with the Platinum card. Even after applying only the 2 usable annual credits, the card is still paying you $15/year to keep the card. Yes, this card is worth keeping after the 1st year Signup Bonus.
$240 Flexible Business Credit + $150 SquareSpace Credit = $390 Useable Annual Credit
$390 Useable Annual Credit - $375 Annual Fee = -$15 Effective Annual Fee
Notes
A refresh is coming with increased annual fee but additional credits.
Earn 4x on Cloud Services like Microsoft Azure, Atlassian, Ring, and Squarespace.