American Express® Business Gold Card
- Annual fee
- $295
- Recommended credit
- Excellent / Good
- Card network
- American Express
- Regular purchase APR
- 19.49% to 27.49% variable based on creditworthiness and the Prime Rate for Pay Over Time
At a glance
Business owners with a clear understanding of their company’s needs will enjoy the customizable rewards available to them through the American Express® Business Gold Card. The card gives you the ability to choose two categories to receive 4X the points from, then one point per dollar spent on all other eligible purchases plus a generous welcome offer where companies can earn 100,000 Membership Rewards points.
Our review of the American Express® Business Gold Card
The American Express® Business Gold Card is a top-tier business rewards card that operates on a pay-in-full basis, offering up to 4X Membership Rewards points on purchases. With a variety of statement credits to offset the $295 annual fee, this card is a lucrative option for businesses looking to maximize rewards.
Who Can Benefit Most from the Business Gold Card?
Business owners seeking exceptional benefits and rewards will find the American Express Business Gold Card to be a perfect fit. Tailored specifically for business owners, this card offers a wide range of benefits to streamline expenses and save money. Whether you run a small business or are a corporate executive, the Business Gold Card is designed to meet your unique needs.
How to Apply
While American Express does not specify a minimum credit score requirement for the Amex Business Gold Card, a good or excellent credit score (typically 740 or higher) is generally needed for a competitive application.
Eligibility
Eligibility for the Amex Business Gold Card is not limited to formal businesses. Freelancers, independent contractors, and individuals with a side hustle that generates income are also eligible to apply for this credit card. Whether you own a small business or earn money through freelance projects, you can enjoy the benefits and rewards offered by the Amex Business Gold.
Pay Over Time
Though The Business Gold Card® from American Express does not have a traditional APR, businesses can still take advantage of the “Pay Over Time” feature. This feature allows businesses to finance select purchases of $100 or more at a competitive APR, providing flexibility in managing expenses.
Why Choose the Business Gold Card
- Choose Your Card Design: New business accounts can select the stylish Rose Gold Card or the Classic Gold Card.
- Statement Credit Benefits: Enjoy up to $395 in annual credits, including $240 Flexible Business Credit and $155 Walmart+ Credit.
- Welcome Offer: Earn 100,000 Membership Rewards points after spending $10,000 within the first three months of account opening.
- Earn Rewards: Get 4X points on select categories, 3X on eligible purchases through AmexTravel.com, and 1X on all other purchases.
Redemption Options
American Express Membership Rewards points can be redeemed for travel, hotels, airfare, cruises, merchandise, gift cards, statement credits, charitable donations, and more. Points can also be transferred to over a dozen leading hotel and airline loyalty programs.
Other Card Benefits
- Complimentary Employee Cards
- QuickBooks Integration
- Account Manager
- Account Alerts
- Vendor Pay by Bill.com
- Year-End Summary
Comparison
| Card | Rewards | Annual Fee | Employee Cards | Perks |
|---|---|---|---|---|
| American Express® Business Gold Card | 4X points on select categories | $295 | $95 for up to five cards; $95 for each additional card after that | Up to $395 in annual credits |
| Business Green Rewards Card | 2X points on eligible purchases at amextravel.com | $95 | Free | N/A |
| Marriott Bonvoy Business® American Express Card | 6X points at Marriott hotels | $125 | Free | 7% discount rate, award night every account anniversary, Gold Elite status |
What We Like About the Business Gold Card
- Flexible Spending Limits: Empowers you with greater control over your business expenses.
- No Foreign Transaction Fees: Ideal for businesses with international purchases.
- Business Management Tools: Advanced expense management tools for better financial analysis.
Things to Consider
- Annual Fee: While lower than the Business Platinum Card, the $295 annual fee is still a significant expense to consider.
Should You Apply for the American Express® Business Gold Card?
The American Express Business Gold Card offers a wealth of benefits and rewards tailored to meet the needs of business owners. From flexible spending limits to robust rewards programs, this card is a top contender among business credit cards. However, it’s crucial to assess your business’s unique needs and goals before applying. Consider factors such as travel habits, spending patterns, and desired benefits to determine if the Business Gold Card is the right fit for your business. If you value exceptional benefits, rewards, and customer service, the American Express Business Gold Card may be the ideal choice to elevate your business to new heights.
Card features
Benefits as listed on the original card page. They can change; confirm details with the issuer.
- Welcome Offer: Earn 60,000 Membership Rewards® points after you spend $6,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership*
- **4X points apply to the first $150,000 in combined purchases from these 2 categories each calendar year.*
- PAY OVER TIME OPTION: Decide whether you want to pay eligible purchases in full each month – or pay over time with interest.* *Terms Apply.
Who this card may suit
- You own a business and want to earn points for everyday expenses on select bonus categories where your business spends the most, such as airfare, advertising, gas, shipping, and computers
- You plan to make frequent purchases, particularly within the first few months of becoming a cardholder, in order to qualify for lucrative introductory offers
- You can benefit from insightful software tools to both help manage your business and recruit promising talent
- You will make use of Amex’s Pay Over Time option for business expenses
Rates, fees and terms
| Annual Fee | $295 |
|---|---|
| Regular Purchase APR | 19.49% to 27.49% variable based on creditworthiness and the Prime Rate for Pay Over Time |
| Penalty APR | 29.99% variable based on the Prime Rate |
| Late Payment Penalty Fee | $39 or 2.99% of any past due Pay in Full amount, whichever is greater |
| Return Payment Penalty Fee | $39 |
Confirm before you apply: rates, fees and offers change often. The figures above are the ones listed on the original card page, not a current quote from the issuer. APRs are typically variable, and the rate you receive depends on your creditworthiness. Recommended credit: Excellent Credit Good Credit.
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