Furthermore, maximize your points by getting 4X Membership Rewards® points when you dine at restaurants worldwide and 4X points at U.S. supermarkets (on up to $25,000 per year in purchases, then 1X). Then, earn 3X points for flights booked directly with airlines or on amextravel.com.
Because this card is a charge card, you must pay the full balance each month. The $250 annual fee may be pricey, but comes with pretty impressive, exclusive benefits. Read on to find out more about the American Express® Gold Card.
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American Express Gold Card Summary
Earning 35,000 American Express Gold Bonus Points
To earn the 35,000 Membership Rewards Points you’ll need to spend $4,000 on eligible purchases with your new card within the first 3 months of Card Membership. See what other credit cards are offering.
Here are some ideas on meeting the spending requirement if you need a little help:
|• Plastiq: Plastiq allows you to pay for expenses that you generally won’t be able to with your card like rent, tuition, auto lease, mortgage payment, and more. There’s a 2.5% processing fee for using your credit card. However, this’ll be worth the card bonus you’ll get. There’s also a referral program where you can earn “Fee-Free Dollars” to use towards processing fees. See our Plastiq review.|
|• Fund Checking accounts with your card: Many banks will allow you to fund the opening deposit with a credit card. Consider opening Checking accounts that also offer a sign-up bonus. This way, you can work towards bonuses from two different sources. Big banks like Chase, HSBC, Huntington, and TD Bank have great offers and allow credit card funding. You can generally fund anywhere from $50 to $1,000 towards the opening deposit with a credit card, depending on the bank.|
|• Buy gift cards: Consider buying gift cards with your credit card that you can then spend later at your leisure. Individual merchant cards (restaurants, gas stations, supermarkets, etc.) generally don’t have purchase fees, so this is a plus. On the other hand, American Express and Visa gift cards will have purchase fees. Amazon gift cards are a great idea as you can shop for almost anything there with no purchase fees either. Unfortunately, Citi credit cards tend to code gift card purchases as Cash Advances and there’ll be a fee. Call in to customer service and lower your Cash Advance limit to $0 before purchasing gift cards. You can also buy discounted gift cards as well from Raise or find gift cards on eBay.|
|• Everyday spending & bills: Always using your credit card for everyday spending, such as for dining, gas, groceries, etc. You can also use your credit card to pay for things like insurance bills, property taxes and income taxes. However, you’ll have to consider the convenience fees.|
Earning & Redeeming Membership Rewards Points
The revamped American Express Gold card is a significant step up bonus category-wise, almost across the board. The 4X on restaurants worldwide is huge.
The 4X points at U.S. supermarkets is also very big. However, this bonus is capped at the first $25,000 you spend per calendar year. Then, it decreases to 1X points. But even with the cap, the Amex Gold is one of the best cards for grocery spending, as it’s a common expense that many incur.
Plus, if you like flying, earn 3X points on flights purchased directly from the airline or at amextravel.com when you use this card to pay.
Membership Rewards points earned can be transferred to American Express’ travel partners. These include Etihad Guest, ANA, Choice Hotels, Hilton and Marriott Bonvoy. Each travel partner has different values for your points, so make sure to do your research to find the best ones.
You’ll generally get the most value from your points by transferring them to a partner. You can get up to an average of 2 cents per point with transferring. But you can also use points to cover charges on your billing statement, to shop on Amazon, to cover Uber rides, to buy gift cards and more. Plus, you can use points to book travel directly through Amex.
Here’s a list of Membership Rewards airline and hotel partners:
|Aer Lingus||AeroMexico||Air Canada|
|Air France/KLM||Alitalia||All Nippon Airways|
|Avianca||British Airways||Cathay Pacific|
|Delta Air Lines||El Al Israel Airlines||Emirates|
|Etihad Airways||Hawaiian Airlines||Iberia|
|JetBlue Airways||Qantas||Singapore Airlines|
|Virgin Atlantic||Choice Privileges||Hilton Honors|
American Express Gold Cardholder Benefits
The American Express Gold offers basic perks you can find on many cards with annual fees. These include Purchase Protection, Return Protection, Extended Warranty, Car Rental Insurance, and much more. You must use your Amex Gold to get these perks. Below are the most valuable perks you can enjoy on this card:
$120 Annual Dining Credit: When you pay with your Amex Gold at select merchants, you can earn up to $10 in statement credits each month. These currently include Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations. This is an annual savings of up to $120. You must enroll for this perk.
$100 Annual Airline Fee Credit: Each calendar year, you’ll receive up to $100 in statement credits toward incidental airline fees such as baggage fees and in-flight purchases. You have to pick a qualifying airline for the credit, and you can only change this once a year, so be sure to choose a carrier you’ll be flying with at least once.
The Hotel Collection: When you book a stay through the Amex Hotel Collection, you’ll earn 2X points on your purchase. Plus, enjoy a $75 credit toward dining, spa and resort activities at the property. Note that the credit only applies to stays of two consecutive nights or longer.
Baggage Insurance: If your luggage is lost, stolen or damaged when you’re traveling with a common carrier, you’ll be eligible for up to $1,250 in coverage for carry-on baggage and up to $500 for checked baggage.
Access to Amex Offers: Amex Offers rewards you at places you like to shop, dine, travel, and more. Simply log in to your account or use the American Express app to add offers to your Card. Then use your Amex Gold to pay and enjoy rewards directly on your statement.
No Foreign Transaction Fees: Traveling outside the U.S.? Enjoy earning points without paying a foreign transaction fee. However, with this card, some categories, such as the 4X earning on supermarkets are limited to transactions made in the U.S.
The American Express® Gold Card privileges big-spender categories, like airfare, while the more common cards give rewards on everyday purchases. If you are a big spender and want some great benefits and privileges, this card is for you. You’ll receive 24 hour roadside assistance, baggage insurance, purchase protection, return protection, warranty extension, and much more!
Although, the bonus rewards program isn’t as great as others, you can take advantage of earning more value out of your points by transferring them to American Express’ travel partners. This benefits users greatly if you travel often, so take this into consideration. Overall, check this card out if you want some amazing perks and benefits. Find our complete list of Credit Card Promotions today!
Learn more about this card and its features here.
Other Credit Cards To Consider
High Annual Fee For Premium Travel Perks:
The The Platinum Card® from American Express offers 60,000 Membership Rewards® points after you use your new Card to make $5,000 in purchases in your first 3 months.
This card comes with an annual fee of $550, but you cardholders can enjoy Uber VIP status and free rides in the U.S. up to $15 each month, plus a bonus $20 in December. That can be up to $200 in annual Uber savings. Furthermore, you'll receive $200 Airline Fee Credit, up to $200 per calendar year in baggage fees and more at one qualifying airline. Plus, up to $100 in statement credits annually for purchases at Saks Fifth Avenue on your Platinum Card® & receive complimentary benefits with an average total value of $550 with Fine Hotels & Resorts.
In addition, you can earn 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel & on prepaid hotels booked on amextravel.com.
General Travel Rewards:
The Chase Sapphire Preferred® Card offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®!
You'll earn 2X points on travel and dining at restaurants worldwide; 1 point per dollar spent on all other purchases. And when you redeem your points for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards, you'll get 25% more value!
The Capital One® Venture® Rewards Credit Card offers a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening (equal to $500 in travel). Named ‘The Best Travel Card' by CNBC, 2018.
You're able to earn 2X miles on every purchase, every day. Plus earn 10X miles on thousands of hotels, through January 2020; learn more at hotels.com/venture.
This card does come with a $95 annual fee, however, there is a $0 intro annual fee for the first year. Enjoy no foreign transaction fees and receive up to $100 application fee credit for Global Entry or TSA Pre✔®.
The Best Bank Offers are updated here. See the below pages to get started with some of the best offers:
• Chase Bank Offers. Chase offers a range of attractive Checking, Savings and Business Accounts. Chase has a great selection of sign-up bonuses in comparison to other big banks.
• HSBC Bank Offers. HSBC Bank routinely has offers for several of their Personal Checking and Business Checking accounts. They also have a good referral program.
• Huntington Bank Offers. Huntington Bank has high bonus amounts available through their Checking and Business Checking. Huntington also offers a Business Premier Money Market Account.
• Discover Bank Offers. Discover Bank offers top cashback, savings, money market accounts and CD rates for you to take advantage of. Discover has industry leading selections to cater to your banking needs.
• TD Bank Offers. TD Bank consistently offers a fantastic selection of checking accounts to cater to your banking needs. However, savings account offers are less frequently available.
|Chase SapphireSM Checking||$1,000 Cash||Review|
|Chase Private Client||$2,000 Cash||Review|
|Chase Total Business Checking®||$200 Cash||Review|
|Chase Premier Plus CheckingSM||$300 Cash||Review|
|Chase Total Checking® + Chase SavingsSM||$350 Cash||Review|
|Discover Bank Online Savings||$200 Cash||Review|
|CIT Bank Savings Builder||$200 Cash||Review|
|Discover Cashback Debit||$360 Cash||Review|
|HSBC Premier Checking Member FDIC||$700 Cash||Review|
|HSBC Advance Checking Member FDIC||$350 Cash||Review|
|Chase College CheckingSM||$100 Cash||Review|
|TD Bank Beyond Checking||$300 Cash||Review|
|TD Bank Convenience CheckingSM||$150 Cash||Review|
|Huntington 5 Checking||$200 Cash||Review|
|Huntington Bank Unlimited Plus Business Checking||$750 Cash||Review|
|Huntington Bank Unlimited Business Checking||$400 Cash||Review|
|Huntington Bank Business Checking 100||$200 Cash||Review|