Amex Business Gold Card Benefits

The American Express Business Gold card provides many competitive advantages for the average holder. With 4X the points on up to $150,000 of spending in two major business categories, including air travel, gas expenditures, restaurant purchases, and more, the Amex Business Gold card gives you a lot back on your most frequent purchases. For larger businesses with recurring costs, the Amex Business Gold card could be one of the best available options. Smaller companies with fewer expenses may find it difficult to justify the high annual fee. However, businesses that can justify this expense will likely find great value in the card’s rewards program.

Amex Business Gold Card Benefits Overview

With the Amex Business Gold card, you are given access to a very hefty rewards system, meaning you can get more bang for your buck. The more you spend, the more you will earn, and the more you can use your points to find the best deal at the best time. This card allows you to earn up to 4X membership rewards points on the purchases your business makes most frequently, up to a specific limit. 

Further advantages unveil when you travel with Amex’s partners. By spending your membership rewards on eligible Amex Travel flights, you will receive 25% of the points you spend back from the purchase, allowing you to make the most of your spending when it comes to travel expenses. This rebate applies whether you’re paying for all or part of your flight with membership points.

The Amex Business Gold card also offers Pay Over Time to make purchases more flexible. This feature does cost interest, however. This credit card offers excellent value for businesses with high expenditures and frequent travel costs. Still, it may not provide as much savings for smaller companies that do not spend enough to experience all the benefits of the card’s reward program.

Amex Business Gold Benefits Details

The American Express Business Gold card provides many advantages over its competitors. Read on to learn more about some of this credit card’s unique benefits. 

4X the Points

Earn up to 4X membership rewards points on purchases in your company’s top two monthly spending categories. These categories range beyond travel, including business expenses such as advertising, gas purchases, computer hardware, software, and cloud purchases directly from supported providers. Upon spending a combined total of $150,000, subsequent purchases in the top two of your company’s highest spending categories will only earn 1X rewards.

Pay Over Time 

Cardholders can pay eligible purchases in full each month or pay over time with interest, giving you more flexibility to pay off your purchases in your own time. It will cost something extra, however, as interest rates for this feature currently range from 15.74% to 23.74% APR.

Amex Travel Rebate

Any time cardmembers use rewards points as a part of an eligible flight booking with Amex Travel, they will receive 25% of the points spent on that purchase. Members can earn back a maximum of 250,000 points every year.

Welcome Offer

Amex will reward new cardholders by making the most of the card early on. It offers 70,000 bonus rewards points to users spending $10,000 within the first three months of membership. Smaller businesses without this kind of budget may not benefit from this offer as much as larger businesses with more frequent expenditures.

Flexible Spending Limit

The Amex Business Gold card doesn’t come with preset spending limits. Instead, each cardmember’s limit is determined by multiple factors, including credit history, purchases, and payment records. 

Expense Management Tools

Cardmembers receive multiple helpful tools for managing accounts. Business owners can connect their accounts to Quickbooks, automatically categorizing expenses. Amex offers additional employee cards with no annual fees. Other tools include a year-end summary that outlines spending, account alerts, online statements, and a highly-rated mobile app. 

The Hotel Collection

American Express Travel offers $100 in credit for qualifying hotel facilities like spas, dining, or recreation. Room upgrades may also be available for those using their Amex Business Gold Card at participating properties. 

Travel Assistance and Insurance

For traveling cardmembers, Amex offers a 24/7 global assist hotline that can help with emergency wire transfers, medical or legal referrals, and other problems that may arise while on the road. 

When you use the Amex Business Gold card to pay entirely for travel fares, you can receive up to $1,250 coverage for carry-on luggage and $500 for checked baggage. Likewise, if you rent a car using this credit card, you may be covered if the vehicle is damaged or stolen. 

Pros and Cons of the Amex Business Gold Benefits

Pros

  • Earn up to 4X points on purchases in major business categories

  • 25% rebate on point redemptions for Amex Travel flights, up to 250,000 points back per year 

  • Flexible spending with Pay Over Time option

Cons

  • Comparatively high annual fee

  • 4X point earning is limited to $150,000 of spending 

Alternatives to the Amex Business Gold Card

Other options might be preferable for businesses that can’t justify the high annual fee of the Amex Business Gold card.

  • dash.fi: This card pays 3% cash back with no limits on what you can earn for eligible purchases with online advertising platforms (Google Ads, Facebook, Instagram, Pinterest, TikTok, etc.). dash.fi does away with the need for physical cards, allowing you to instantly create a new card with a unique name, address, and zip code for all your accounts and expenses. There are even discounts on advertising through dash.fi’s agency partners. With dash.fi, you will find a flexible experience that you can tailor to suit your business's needs. 

  • Chase Ink Business Preferred: This card offers a considerably lower annual fee and a similar rewards structure to the Amex Business Gold card. This card gives holders 3X rewards points for every dollar spent on qualifying travel and business categories each year, up to $150,000. This type of card may be preferable for smaller businesses.

  • Capital One Spark Business 1.5% Cash Select: The Spark 1.5% Cash Select card has a $0 annual fee and earns 1.5% cash back on every purchase without making you worry about categories or limits. You can also earn unlimited 5% cash back on hotel and rental car bookings through Capital One Travel. With a one-time $500 cash bonus upon spending $4,500 within the first three months, you could experience more benefits with this cost-effective card if your expenses are slightly lower.

Is the American Express Business Gold Worth It?

The Amex Business Gold card certainly has many enticing rewards for those who can handle the high annual fee, making it one of the best choices you are likely to find today. If your business sees recurring expenditures that fit into one or two of Amex’s travel and business categories, this card can be worth the cost for you.

If your budget does not meet the heights of this card’s best rewards offers, one of our alternatives might be a better fit for you. In particular, if you’re looking for a card that rewards you for high spending in bonus categories but doesn’t have an annual fee, dash.fi might be just what you’re looking for.


Advertising

Why TikTok Is So Popular

11 minutes read

TikTok is one of the most popular apps ever. Here’s why, along with the reason why digital marketers are flocking to TikTok.

by Gerri Detweiler
Read more
Advertising

Ecommerce Website Builders: Design & Development

12 minutes read

Create a successful ecommerce website using these 6 best website builders and grow your ecommerce business with the right tools.

by Gerri Detweiler
Read more
Advertising

What is Performance Marketing? Strategies for Success

11 minutes read

Performance marketing can help you achieve your business goals. But how does it work, and is it the right strategy for your company?

by Eric Rosenberg
Read more
Credit Cards

dash.fi vs. Jeeves Cashback Offer Comparison

8 minutes read

Here is a head-to-head comparison between dash.fi and Jeeves and their cashback offers to help you better decide the best option for your business.

by Eric Rosenberg
Read more
Advertising

Ecommerce Analytics: Using Data To Drive Sales

11 minutes read

Learn how to use ecommerce analytics to drive sales from five experts who share their top tools and strategies.

by Gerri Detweiler
Read more
Announcement

Crypto, Visibility, and Video Support highlight dash.fi September release

3 minutes read

dash.fi makes it possible for advertisers to amplify rewards and better manage their transactions with industry-leading support tools.

by Ty Kiisel
Read more
Advertising

Omnichannel Advertising Strategy: What, How, and Why

12 minutes read

Omnichannel advertising integrates multiple advertising channels to generate a smoother customer experience and cohesive brand identity.

by Eric Rosenberg
Read more
Advertising

Marketing Analytics: What, How, & Why

10 minutes read

Marketing analytics can help provide an unbiased look at the results you’re getting from your marketing efforts, uncover areas for improvement, and help you know when to double down on what’s working.

by Gerri Detweiler
Read more
Credit Cards

Business Virtual Cards: The Important Benefits

10 minutes read

Virtual cards offer many benefits for businesses, including enhanced security and spending controls. Learn more about how virtual cards can help your business.

by Eric Rosenberg
Read more
Credit Cards

Travel Inflation

9 minutes read

Travel inflation is a gradual cost increase of travel, which may include a slow devolution of rewards miles and points. Learn more here.

by Eric Rosenberg
Read more
Credit Cards

What is a Virtual Card?

11 minutes read

Virtual card numbers offer an extra layer of security for online transactions and let you do things like set custom spending limits.

by Eric Rosenberg
Read more
Credit Cards

How To Choose The Best Virtual Credit Card Service

11 minutes read

Virtual credit card services can help consumers and businesses reduce fraud and increase flexibility. Here’s how to find the best service.

by Gerri Detweiler
Read more
Credit Cards

What Is A Virtual Credit Card Number?

9 minutes read

Learn how a virtual credit card number can help your small business reduce risk and better manage expenses.

by Gerri Detweiler
Read more
Advertising

Advertising During A Recession

9 minutes read

Is the current recession squeezing your business’s marketing budget? Combat budget crunches with these creative advertising strategies.

by Eric Rosenberg
Read more
Credit Cards

What Is A Virtual Credit Card Number?

9 minutes read

Learn how a virtual credit card number can help your small business reduce risk and better manage expenses.

by Gerri Detweiler
Read more
Advertising

Inventory Costs

7 minutes read

Inventory costs are a big part of managing a product-selling business. Keep reading to learn more.

by Eric Rosenberg
Read more
Advertising

Here's What The Future of Ecommerce Looks Like

13 minutes read

Ecommerce continues to grow. Five experts share trends that will continue to accelerate ecommerce growth over the next decade. Here’s what to expect.

by Gerri Detweiler
Read more
Advertising

8 Ecommerce Metrics to Track to Measure Success

10 min read

Tracking key metrics are key if you want to optimize and grow your ecommerce business. Keep reading to learn more.

by Gerri Detweiler
Read more
Advertising

Ecommerce Artificial Intelligence: Everything You Need to Know

9 minutes read

Ecommerce businesses can use artificial intelligence and machine-learning to find customers and sell them what they want. Here’s how it works.

by Gerri Detweiler
Read more
Advertising

The Top Affiliate Networks in 2022

12 minutes read

For digital marketers looking to create passive income, the top affiliate networks are a great place to find the best affiliate programs.

by Gerri Detweiler
Read more
Newsletter Card

Newsletter

Stay up to date on the latest news, articles, and announcements from dash.fi. It’s easy and it’s free.