Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
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The American Express® Gold Card – is it worth it? Yes, especially if you foresee dining and travel in your future.
The annual fee for the American Express® Gold Card can be expensive (Click here for rates and fees). However, by utilizing the card’s benefits you could effectively redeem enough membership rewards® points to almost cancel out the card’s fee.
The benefits increase even further if you’re a new card holder with access to the 60,000 membership rewards® points offer, which you get after spending $6,000 on eligible purchases within the first 6 months.
The card offers the most membership rewards® points across three categories: dining at restaurants, grocery shopping, and airfare purchases. So if you’re looking to take full advantage of the American Express® Gold Card’s benefits, we recommend it for the adventurous foodie.
In a nutshell, here are the primary benefits of the card:
Note: Terms apply. Click here for rates and fees
If you dine out, order in, or shop for expensive and exotic ingredients, this is the card you want in your wallet.
You can earn statement credits on dining each month with participating dining partners. Some of these partners include:
If you’re planning on traveling soon, all the better – you’ll be eating out everyday, and the American Express® Gold Card offers points for dining worldwide. By strategically using this card for your travel expenses, you can accumulate points faster and enjoy significant savings.
However, it’s important to carefully weigh the annual fee and consider your upcoming plans to ensure that the rewards and benefits outweigh the costs. In the end, if you’re diligent about maximizing your rewards and take full advantage of the card’s offerings, the American Express® Gold Card can help you get more bang for your buck while traveling.
The recommended credit score range for the American Express® Gold Card is typically 670 – 850 (“Good” to “Excellent” score range). If you’re worried about a low credit score or if you’re looking for a credit card to start building credit with, this might not be the best card for you.
While both cards are recommended for travel, the key difference between them is that The Platinum Card® from American Express offers more points at a higher annual fee – $695 (Click here for rates and fees)compared to the card_name’s annual fee of $250.
It’s a steep difference, but card_name makes up for it by offering greater rewards, for example a welcome offer that allows you to bonus_miles_full.
And unlike the card_name, you can get up to $200 back in statement credits each year on select prepaid hotel bookings through American Express Travel. And if card_name offers 3x points on flights, The Platinum Card® from American Express offers 5x points on flights (with a cap of up to $500,000 on purchases).
What it comes down to is the annual fee. If you’re planning a luxury vacation, card_name is for you – otherwise that annual fee might not be worth it.
If you belong to the population of people that love dining experiences, then you need to join the growing community of card_name holders.
Between the rewards, statement credits, welcome offer, and other benefits that come with the card, the annual fee may very well pay for itself.
Just remember that to qualify for a premium rewards card like the card_name, you’ll need good or excellent credit.
Terms apply, see rates and fees for the Platinum Card® from American Express
Terms apply, see rates and fees for the American Express® Gold Card
Editorial Note: Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.
Advertiser Disclosure: Credit.com has partnered with CardRatings for our coverage of credit card products. Credit.com and CardRatings may receive a commission from card issuers. Be mindful that some or all of the card offers that appear on the website are from advertisers, that compensation may impact how and where card products appear on the site, and that the site does not include all card companies or all available card offers.