American Express Gold: Premium Card Benefits & Rewards
The American Express Gold Card is great for earning points. You get 4X points at restaurants worldwide and U.S. supermarkets (up to $25,000 per year, then 1X). You also get 3X points on flights booked directly with airlines or through amextravel.com. This makes it easy to earn points, especially if you eat out a lot or buy a lot of groceries.
The card also has a big welcome bonus. Spend $6,000 in the first 6 months and earn 60,000 Membership Rewards points. This bonus can be worth hundreds of dollars for travel, gift cards, or statement credits.
Key Takeaways:
- Earn 4X points on dining and U.S. supermarkets (up to $25,000 per year, then 1X)
- Receive 3X points on flights booked directly with airlines or on amextravel.com
- Enjoy a welcome bonus of 60,000 Membership Rewards points after spending $6,000 in the first 6 months
- Offset the $250 annual fee with $120 in annual dining credits and $120 in Uber Cash
- Take advantage of travel protections and purchase protections for added peace of mind
Earn Valuable Membership Rewards Points
The American Express Gold Card helps you get valuable Membership Rewards points. These points are worth 2 cents each, according to TPG's August 2024 valuations. You can use them in many ways.
Bonus Categories for Dining and Groceries
Earn 4X Membership Rewards points for every dollar spent at restaurants worldwide. This applies up to $50,000 in purchases per year. After that, you get 1X points for the rest of the year.
You also earn 4X points for every dollar spent at US supermarkets. This is up to $25,000 in purchases per year. Then, you get 1X points for the rest of the year. These categories help you earn points easily on dining and grocery.
Lucrative Welcome Offer
New cardholders get a great welcome offer. Earn 60,000 Membership Rewards points after spending $6,000 on eligible purchases in the first 6 months. This offer boosts your points right away.
Flexible Point Redemption Options
Membership Rewards points can be used in many ways. You can transfer them to 18 airline and three hotel partners. This can unlock even more value.
For example, transfer 68,000 Amex points to Iberia. Then, book a round-trip off-peak business-class flight from New York or Boston to Spain. This can cost about $2,500 in cash. Or, use your points for card charges, gift cards, or merchandise.
With no expiration date, as long as you keep at least one card open, you can save your points. This way, you can use them for your dream redemption.
Dining and Entertainment Perks
The American Express Gold Card is perfect for food lovers. It offers many dining and entertainment perks. You can save money at your favorite restaurants and food delivery services.
Monthly Dining Credits
With the American Express Gold Card, you get up to $120 a year in dining credits. This is $10 each month. You can use it at places like Grubhub and The Cheesecake Factory.
You also get up to $84 a year for Dunkin' Donuts. That's $7 a month. Just use your card at these places to get the credits.
Statement credits show up quickly, but might take up to eight weeks. Remember, credits expire every month. So, use them often to save more.
Uber Cash for Rides and Eats
The American Express Gold Card also gives you up to $120 in Uber Cash a year. You get $10 each month. Use it for Uber Eats or rides in the U.S.
Uber Cash is great for your daily ride or a meal from your favorite restaurant. The American Express Gold Card offers many perks. They make your dining and entertainment experiences better and save you money.
Travel Benefits and Protections
The American Express Gold Card has many travel benefits. It offers hotel credits and car rental insurance. Your trips will be safe and rewarding.
Hotel Collection Credits
The Hotel Collection program makes your hotel stays better. Book two nights or more with your Amex Gold Card. You get a $100 credit for dining, spa, and resort activities.
No Foreign Transaction Fees
Traveling abroad is easy with the American Express Gold Card. It has no foreign transaction fees. You save money on purchases outside the U.S.
Car Rental Loss and Damage Insurance
Renting a car? Use your Amex Gold Card. Decline the rental company's damage waiver. You get secondary car rental loss and damage insurance up to $50,000.
Baggage Insurance Plan
Lost, damaged, or stolen luggage is a nightmare. The American Express Gold Card has a baggage insurance plan. It covers your baggage on common carriers, up to $1,250 for carry-on bags and $500 for checked bags.
The American Express Gold Card makes your travels worry-free. It offers hotel credits, car rental insurance, and baggage protection. You're covered every step of the way.
American Express Gold Purchase Protections
Using your American Express Gold Card means you can shop with confidence. Your eligible purchases are protected. You get benefits like extended warranty and protection against damage or theft.
Extended Warranty Coverage
The American Express Gold Card doubles the warranty for up to a year. This is for warranties of five years or less. So, if an item has a three-year warranty, your card adds a year.
This means your important buys are safe for longer. You don't have to worry about the original warranty running out.
Purchase Protection Against Damage or Theft
The card also protects against damage or theft. If something you bought is damaged or stolen within 90 days, you can get up to $10,000 back. You can get up to $50,000 back in a year.
To use this benefit, follow these steps:
- Contact the Benefit Administrator within 30 days from the incident.
- File a police report if the item was stolen.
- Submit a completed claim form within 60 days.
American Express will look at your claim and tell you within 30 days. This protection gives you extra security when you buy with your card.
Conclusion
In this American Express Gold review, we looked at its many benefits. It's great for those who love to eat out and travel. You can earn 4X points on dining and at U.S. supermarkets, and 3X points on flights.
The card also gives you 1X points on all other purchases. This means you can earn lots of Membership Rewards points fast.
The welcome offer is 60,000 Membership Rewards points after spending $4,000 in 6 months. This can be worth up to $1,200. Plus, you get travel perks like $120 in dining credits and $120 in Uber Cash each year.
The card has a $250 annual fee. But, it offers many benefits like insurance and no foreign transaction fees. It also gives you access to The Hotel Collection, with a $100 hotel credit and room upgrades.
The American Express Gold Card is perfect for those who love dining and travel. It has great earning potential and lots of perks. If you have good credit and can use its benefits, it's a great choice.