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Apply online for American Express® Business Gold CardSponsored card
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American Express® Business Gold Card Review

Pros & Cons

  • This card has high spending caps in each of the bonus categories, so businesses with higher spending needs can enjoy more rewards from the outset.
  • Membership Rewards® points are highly valued in the rewards credit card world and can be redeemed for everything from travel to gift cards to dinners out and more.
  • There's no pre-set spending limit; rather your purchasing power is determined based on your payment history and other needs.
  • While not sky-high, the annual fee only makes sense if your business spends enough annually to more than offset it with the rewards you earn.
Terms and Limitations Apply

Top Features

Rewards
Earn 4X Membership Rewards® points on the 2 select categories where your business spent the most each month. 4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
Bonus Rewards
Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
Regular APR
16.24% - 24.24% Variable
Annual Fee
$295

Full Review

Brooklyn Lowery Site Editor

American Express® Business Gold Card Essentials

American Express® Business Gold Card is a high-rewards charge card geared to small businesses that offers generous Membership Rewards® points and plenty of perks to keep cardholders happy for the long term.

(American Express is a CardRatings advertiser)

The card offers 4x Membership Rewards® points on the two select categories where your business spent the most each month. (4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*)

You also pick up 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*

You can redeem points with 500 brands in travel, merchandise and entertainment, dinners to take out new or existing clients, and gift cards to reward your employees.

While the $295 annual fee is higher than some business credit cards, for all you get in return, it could turn out to be well worth it.

American Express® Business Gold Card offers a "No Pre-Set Spending Limit" situation. This doesn't mean you have unlimited spending on the card, but rather, it adjusts your limit depending on your payment history, credit record and financial resources. And, since this is a charge card, you won't be tempted to let balances roll over and accumulate interest.

What Our Editors Like Best About American Express® Business Gold Card

The card is great for business-related purchases, especially for travel, such as airline costs and gas, as well as shipping.

American Express® Business Gold Card is geared toward businesses that routinely make big purchases - the four times Membership Rewards® points on the two select categories where your business spent the most each month is for the first $150k in combined purchases from these two categories each calendar year, so you can amass some serious points if you max out your spending in each of those categories.

Other perks include no foreign transaction fees, which can stretch your international dollar and, perhaps best of all, no interest charges since this is a charge card as opposed to a credit card. You'll be paying off the balance each billing cycle, which does take planning, but should be a wonderful incentive to stay within your budget.

Potential Downsides of the American Express® Business Gold Card

The annual fee of $295 is hefty, so make sure your business spends enough in the various categories to rack up the rewards that will offset that fee.

Additionally, it's a charge card so you have to pay off the balance each month. If yours is a business that anticipates needing to carry a balance from time to time, you'll want to keep that in mind before applying.

How American Express® Business Gold Card Compares to Other Business Cards

American Express® Business Gold Card vs. Capital One® Spark® Cash for Business

The Capital One® Spark® Cash for Business card's cash-back program isn't as generous as that of the American Express card, but it also doesn't have limitations. You get unlimited 2 percent cash back on all your purchases, so you get the same amount no matter what you buy or how much of it.

The Capital One® Spark® Cash for Business card's $95 annual fee is obviously more affordable than the American Express® Business Gold Card's $295 fee. The fee becomes irrelevant, of course, if you more than offset it with your rewards.

Capital One gives a one-time $500 cash bonus once you spend $5,000 within three months of account opening, so the intro bonus is substantial.

Lastly, neither card charges foreign transaction fees.

The Capital One® Spark® Cash for Business is a regular credit card so you don't have to pay off the balance each month like the American Express charge card. This decision really comes down to where you spend your money and which card will better reward you based on that spending.

American Express® Business Gold Card vs. Ink Business PreferredSM Credit Card

The Ink Business Preferred℠ Credit Card offers 80,000 bonus points after you spend $5,000 in the first three months, a substantial bonus. Plus, those are Chase Ultimate Rewards® points - highly valued and easily transferable to a wide range of loyalty programs.

On the Chase card, you earn three points per $1 on the first $150,000 in select categories each account anniversary year, including travel, shipping, Internet, cable and phone services and advertising charges made through social media sites and search engines. You also get one point per $1 on all other purchases with no limit.

The Chase card has a $95 annual fee (the first year fee is NOT waived), and, like the American Express card, the Chase card does not have foreign transaction fees.

Once again, the Ink Business Preferred℠ Credit Card is a credit card so you don't have to pay off the balance each month. This relatively new business card also offers the rare perk of cellular telephone coverage for the primary line on the account as well as any employee phones on the same account as long as the bill is paid with your Ink Business Preferred℠ Credit Card each month.

American Express® Business Gold Card vs. Bank of America® Business Advantage Cash Rewards Mastercard® credit card

The first thing the stands out about the Bank of America® Business Advantage Cash Rewards Mastercard® credit card is that there is no annual fee. The card also offers 0 percent APR on purchases for the first nine billing cycles (then, 13.24% - 23.24% Variable APR on purchases), so this is a good card for a business with a big purchase coming up or perhaps for an entrepreneur with some start-up costs on the horizon.

The introductory offer isn't as generous as the American Express card, but you don't have to spend much to take advantage of the offer with the Bank of America card. The Bank of America® Business Advantage Cash Rewards Mastercard® credit card offers a $200 statement credit after $500 in purchases within 60 days of the account opening.

The Bank of America card offers 3 percent cash back on purchases at gas stations and office supply stores up to $250k spent annually; 2 percent on purchases at restaurants; and 1 percent on all other purchases. Note that annual cap of $250,000 on combined gas station and office supply store purchases. You only get 1 percent on those purchases after that limit.

You can redeem your cash rewards for statement credit or apply them to a Bank of America savings or checking account.

This probably isn't the best option for businesses that engage in foreign travel as there is a 3 percent foreign transaction fee on all your purchases on the card while abroad.

Who Should Get This Card?

American Express® Business Gold Card is perfect for people who don't mind paying a high annual fee with the understanding that you get benefits with the card that make the fee worthwhile.

The 4x Membership Rewards® points on the two select categories where your business spends the most each month (4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year) program is generous, and getting 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year is really nice.

There are no foreign transaction fees so the American Express card is a great option for small businesses that spend internationally.

One important thing to remember is that the American Express card is a charge card so you have to pay off your balance each month. If this may cause a problem, you should check out other business cards. But if you don't want to pay finance charges and expect to pay off your balance each month, American Express® Business Gold Card could be the right card for you.

This page was last updated on November 14, 2018

This card compared to other reward cards

Rewards
Earn 4X Membership Rewards® points on the 2 select categories where your business spent the most each month. 4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases-with no limit to the amount you can earn.
2 % Cash Back on every purchase, every day.
Bonus Rewards
Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening.
$2,000 Cash Back Earn up to $2,000: Earn a $500 cash bonus when you spend $5,000 in the first 3 months and $1,500 when you spend $50,000 in the first 6 months of opening your account. Limited Time Offer.
Regular APR
16.24% - 24.24% Variable
17.99% - 22.99% Variable 
18.74% (Variable) 
Annual Fee
$295
$95
$0 intro for first year; $95 after that
Rates and Fees
The balance on this card must be paid off monthly but is also a rewards card and therefore perfect for the business owner who wants to earn rewards but doesn't carry a balance.
CardRatings.com Editorial Staff

American Express® Business Gold Card details

Highlighted Offer
Earn 4X Membership Rewards® points 
on the 2 select categories where your business spent the most each month. 4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.* AIRLINE BONUS: Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
Purchase Intro
APR:
N/A
Regular APR
16.24% - 24.24% Variable
Annual Fee
$295

What American Express says about this card

  • MORE REWARDS: Get 4X Membership Rewards® points on the 2 select categories where your business spent the most each month
  • 4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
  • AIRLINE BONUS: Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
  • EXCLUSIVE OFFERS: Get up to 1 year free on subscriptions to both G Suite Basic for up to 3 users and ZipRecruiter Standard, a combined value up to $3,188.*
  • PAY OVER TIME OPTION: A flexible payment option to help manage cash flow on purchases of $100 or more.*
  • EXPENSE MANAGEMENT TOOLS: Connect to Quickbooks, access SpendManager℠, receive a Year-End Summary, and more.*
  • Add EMPLOYEE CARDS with a no annual fee option. Earn rewards on employee purchases and track employee expenses with spending limits, alerts, and summary reports.*
  • *Terms Apply

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Featured offers
Currently available on the American Express® Business Gold Card
Earn 4X Membership Rewards® points
On the 2 select categories where your business spent the most each month. 4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.* AIRLINE BONUS: Get 25% points back after you use points for all or part of an eligible flight booked with Amex Travel, up to 250,000 points back per calendar year.*
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Apply online for Ink Business Preferred℠ Credit Card

Ink Business Preferred℠ Credit Card

  • Earn 80,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year
  • Earn 1 point per $1 on all other purchases - with no limit to the amount you can earn
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards
  • Redeem points for travel, cash back, gift cards and more - your points don't expire as long as your account is open
  • No foreign transaction fees
  • Employee cards at no additional cost
  • $95 Annual Fee
Credit Needed:
Excellent, Good
Apply online for Capital One® Spark® Cash for Business

Capital One® Spark® Cash for Business

  • Earning unlimited 2% cash back could mean thousands of dollars each year going back into your business
  • Earn up to $2,000. Earn a $500 cash bonus when you spend $5,000 in the first 3 months of opening your account
  • Plus, earn $1,500 when you spend $50,000 in the first 6 months. Limited Time Offer
  • Use Spark Cash across all your business spend, with no categories to limit your purchasing
  • $0 intro annual fee for the first year; $95 after that
  • Rewards won't expire for the life of the account, and you can redeem your cash back for any amount
  • Get employee cards at no additional cost, and earn rewards from their business spend
Credit Needed:
Excellent, Good