Terms apply to American Express credit card offers. See americanexpress.com for more information.
The American Express® Gold Card stands out among the premium cards on the market. It offers great rewards across useful categories and even features some unique benefits, like a $120 dining credit ($10 monthly). The one area where the card could be more competitive with peers is in its current welcome bonus offer. Below, we'll discuss what makes the American Express® Gold Card a great card to apply for and highlight other alternatives to consider.
American Express® Gold Card Review: A Competitive New Card
American Express® Gold Card
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- Rose Gold is back. You can now choose between Gold or Rose Gold.
- Earn 60,000 Membership Rewards® points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
- Earn 4X Membership Rewards® Points on Restaurants worldwide, including takeout and delivery, plus, earn 4X points for Uber Eats purchases too.
- Earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
- $120 Uber Cash: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
- $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
- Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
- No Foreign Transaction Fees.
- Annual Fee is $250.
- Terms Apply.
The American Express® Gold Card is a fantastic card because it allows cardholders to earn a large number of points across several categories, making it an ideal choice for an everyday card. For example, it lets you Earn 4X Membership Points on Restaurants worldwide, including takeout and delivery. Additionally, earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X), and 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. On top of being a great card for dining, it offers a competitive rate on flights booked directly with airlines or on American Express' travel site.
The most unique feature of this card is the annual $120 dining credit at eligible dining partners which include Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations). The perk effectively functions as a $10 discount every month at participating locales. However, you'll receive the "discount" in the form of a statement credit. This isn't a perk we've seen other cards offer in the past, and when combined with the high number of points you earn on dining, it takes this card over the top.
You'll also receive $10 in Uber Cash each month, up to $120 per year. Your American Express® Gold Card needs to be added to your Uber app in order to receive this monthly Uber Cash benefit. You can use Uber Cash for Uber rides or Uber Eats, and should be fairly easy to take advantage of each month.
It's worth noting that the card has a steep $250 annual fee (See Rates & Fees). However, we think it offers enough benefits to warrant this high cost. If you utilize the $120 dining credit and the $120 Uber Cash credit every year, then you would come pretty close to breaking even.
Where the Card Could Do Better
The American Express® Gold Card packs an unimpressive bonus: 60,000 Membership Rewards®; Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months. Other cards with an annual fee of $100 and over typically offer welcome bonuses valued anywhere from $500 to $750.
The American Express® Gold Card is one of the better cards that's available, especially for people who spend a lot on dining and at supermarkets. While it does have a high annual fee, it offers up enough benefits to make it worth the cost.
For rates and fees of the American Express® Gold Card, please click here.
How Does the American Express® Gold Card Compare to Other Cards?
While the American Express® Gold Card is an excellent card, that shouldn't stop you from shopping around and comparing options. Below, we provide key comparisons against other popular cards.
American Express® Gold Card vs. the Chase Sapphire Preferred® Card
The better card between these two will depend on your spending habits: if you're a traveler, apply for Chase Sapphire Preferred® Card, but if you're more of a diner, apply for the American Express® Gold Card. The Chase Sapphire Preferred® Card is better for travelers because it earns 2.5% back on travel (2X points multiplied by the 1.25 bonus when redeeming for travel on the Chase portal). On the other hand, the American Express® Gold Card only lets you earn points on directly booked flights. That's much more restrictive than the broad travel category offered up by the Chase Sapphire Preferred® Card.
The main reason people who spend a lot of money on dining would be better off with the American Express® Gold Card is the outstanding 4X rewards rate it offers at restaurants worldwide. Despite being a solid all-around card, the Chase Sapphire Preferred® Card only offers 2X points on dining. The argument for the American Express® Gold Card is even stronger once you consider other benefits like the $120 dining credit.
American Express® Gold Card vs. the Chase Sapphire Reserve®
If you want some of the highest rewards available, regardless of cost, the Chase Sapphire Reserve® will be the better card. It has a high annual fee of $550, but in return you get outstanding benefits and perks. For example, you'll get a $300 annual travel credit and you'll earn a good rewards rate on travel and dining: 3X points on travel immediately after earning your $300 travel credit. 3X points on dining at restaurants including eligible delivery services, takeout and dining out & 1 point per $1 spent on all other purchases. The catch is that you have to use your annual travel credit before the rewards rate kicks in for travel purchases. Simply put, you'll have a very difficult time trying to find a card that can replicate this card's earning power.
For people who are uncomfortable forking over $550 for a credit card, the American Express® Gold Card presents an intriguing value proposition. It offers high rewards but with a reduced annual fee. You'll have to jump through some hoops to use benefits, but it shouldn't take much work for you to earn back the annual fee through rewards.
American Express® Gold Card vs. The Platinum Card® from American Express
With a hefty $550 annual fee and a slate of luxury travel benefits, The Platinum Card® from American Express is a good choice for high spenders who frequently fly. Whereas the American Express® Gold Card earns a 3X rate on directly booked flights, The Platinum Card® from American Express lets you earn 5X Membership Rewards® points on flights booked directly with airlines or with American Express Travel and 5X Membership Rewards® points on prepaid hotels booked with American Express Travel. If you spend more on travel accommodations than dining and supermarkets, then The Platinum Card® from American Express will earn you more rewards.
The decision to get The Platinum Card® from American Express also depends on whether you value luxury travel experiences. Consider that the card's $550 annual fee goes toward a membership to Amex's Global Lounge Collection—this is not a perk available on the American Express® Gold Card. Instead, the American Express® Gold Card's $250 annual fee goes toward the $120 annual dining credit, which can be used for in-flight expenses.
If you value luxury travel and are a high spender, The Platinum Card® from American Express is a better choice than the American Express® Gold Card. For moderate spenders who allocate more to everyday dining and supermarket expenses, the American Express® Gold Card is a much more valuable card.
For rates and fees of The Platinum Card® from American Express, please click here.