dcsimg
Apply online for American Express® Business Gold CardSponsored card

American Express® Business Gold Card Review

Good, Excellent

Our credit card articles, reviews and ratings maintain strict editorial integrity; however we may be compensated when you click on or are approved for offers (terms apply) from our partners. How we make money.

What American Express says about this card

Apply online for American Express® Business Gold CardSponsored card
  • Earn 35,000 Membership Rewards® points after you spend $5,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.*
  • 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.*
  • PAY OVER TIME OPTION: A flexible payment option to help manage cash flow on purchases of $100 or more.*
  • Access to the Working Capital Terms program: get additional funding beyond what you can spend on Business Gold with this flexible funding solution designed to pay U.S. based vendor invoices directly when cards are not accepted.*
  • *Terms Apply
Terms and Limitations Apply
Apply Now

By Brooklyn Lowery Site Editor  Updated Nov 9, 2019

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. Furthermore, new cardholders can earn 35,000 bonus Membership Rewards® points after spending $5,000 in the first three months.

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. See Rates and Fees.

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.

CardRatings Editor's Analysis: 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.
  • Earn 35,000 bonus Membership Rewards® points after spending $5,000 in the first three months.
  • 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

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 (See Rates and Fees). 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.

Top Features

Rewards Bonus Rewards Annual Fee
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.* Earn 35,000 Membership Rewards® points after you spend $5,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership. $295

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.

For a limited time, Capital One is offering up to $2,000 in cash bonuses. Earn a $500 cash bonus when you spend $5,000 in the first three months and earn $1,500 when you spend $50,000 in the first six months of opening an account.

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 Bank of America® Business Advantage Cash Rewards Mastercard® credit card offers a $300 statement credit after spending $3,000 in purchases within 90 days of the account opening.

The Bank of America card allows cardholders to choose where they'll earn 3% cash back from among the following list: gas stations (default), office supply stores, on travel, TV/telecom and wireless, computer services or business consulting. Cardholders also earn 2% cash back on dining (for the first $50,000 in combined choice category/dining purchases each calendar year 1% thereafter); and 1% cash back on all other purchases.

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 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.

To see the rates and fees for the American Express® Business Gold Card, please visit the following link: See Rates and Fees.

American Express® Business Gold Card compared to other reward cards

Card Name
Rewards
Bonus Rewards
Annual Fee
Ratings/Apply
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.*
Earn 35,000 Membership Rewards® points after you spend $5,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership.
$295
Apply Now
Terms and Limitations Apply
2X points on travel and dining at restaurants & 1 point per dollar spent on all other purchases worldwide
Earn 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®
$95
2 Miles per dollar on every purchase, every day.
50,000 Miles once you spend $3,000 on purchases within 3 months from account opening
$0 intro for first year; $95 after that
Earn 3X Membership Rewards® points on all eligible travel, from subway swipes and window seats to hotel stays and city tours. Earn 3X Membership Rewards® points at restaurants worldwide.
Earn 30,000 Membership Rewards® points after you spend $2,000 on purchases on your new Card in your first 3 months. Receive up to $100 in statement credits towards any eligible purchase made directly with Away in your first 3 months. Offer ends 1/15/2020.
$150
Apply Now
Terms and Limitations Apply
2 points for every $1 spent on travel and dining purchases. 1.5 points per $1 spent on all other purchases.
50,000 bonus points after you make at least $3,000 in purchases in the first 90 days of account opening.
$95

Credit Card Consumer Reviews:

  1. No reviews available for this card.   Be the first to review!



E-Mail will not be published








 
  How is your credit?
Oops! Your credit does not qualify you for this card. Applying and being rejected for this card could possibly hurt your credit
We are redirecting you to offers you are qualified for based on your credit.
720-850
Excellent
660-719
Good
600-659
Fair
350-599
Poor