6 Reasons We Love the Amex Gold Card (And You Will Too)
amex rose gold

6 Reasons We Love the Amex Gold Card (And You Will Too)

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. For more information check out our Advertising Disclosure.

If we had to pick just one credit card to use to pile up points for future travel, there’s an obvious choice: The American Express Gold Card.

Other cards may be better for getting into airport lounges or the best fit for beginners just dipping their toes into the world of points and miles. But no card comes quite so close to doing it all as the Amex Gold Card.

It earns a ton of points on the things you’re spending money on today – and valuable points you can use to book that big future trip. It comes with money-saving credits that help offset an already palatable annual fee. And best of all, it’s out with one of the biggest welcome bonuses we’ve ever seen.

Let’s dive into why we love this card more than ever.
 

Amex Gold Card 1
 

Click Here to learn more about the American Express Gold Card. 

 

Earn 4x at Restaurants & Grocery Stores

If there’s one reason to hold this card, it’s this.

The Amex Gold Card earns 4x points per dollar at restaurants worldwide, plus 4x per dollar at U.S. supermarkets (on up to $25,000 of spending a year)  For the average American, those are two of the biggest expenses – and with the pandemic, that’s truer than ever. And that means you can continue racking up big bonus points on your everyday expenses.

Let’s say your family spends $1,500 a month combined on groceries and eating at restaurants (and yes, that includes takeout and delivery). Shift that spend to a Gold Card, and you’d be earning another 72,000 American Express Membership Rewards points each and every year.

Check out our favorite ways to spend a big Amex points bonus.

That can go a long way. And to us (and many Gold cardholders), that return on everyday spending alone is enough to justify the card’s $250 annual fee.

Temporary bonuses for buying groceries or spending at restaurants come and go on other cards, but this one is permanent. It’s a big part of why we think it’s the best all-around credit card.
 

The Biggest Bonuses We’ve Ever Seen

Earning bonus points year in, year out is one thing. But American Express has sweetened the deal during the pandemic to make the Amex Gold card even more alluring with a massive bonus.

In normal times, you’d earn 35,000 points after spending $4,000 within the first three months. Now, you can earn at least 60,000 points after spending $4,000 within the first six months on the card.

Yes, that’s right: Nearly twice the points with double the time to spend $4,000 to earn them. Arguably, there’s never been a better time to get the Gold card.

But it can get even better. Check with CardMatch to see if you’re eligible for a 75,000-point welcome bonus with the same spending requirement.

Still, 60,000 points is nothing to sneeze at. Combine that big welcome bonus with the ongoing points you can earn on groceries and at restaurants, and that can add up fast.
 

Amex Gold Card 1
 

Click Here to learn more about the American Express Gold Card. 

 

Rose Gold is Back

You asked, and American Express answered: The Amex Rose Gold Card has officially returned.

For reasons we can’t quite explain, the internet has gone crazy for this rosy-hued card. It disappeared for years after American Express briefly made it available when relaunching the Amex Gold Card back in 2018.

Now it’s back – and back for good. New cardholders can choose between the traditional Gold finish and Rose Gold when applying for the card. Already have a Gold Card and want to go Rose? Just message American Express and ask for a replacement.
 

amex gold rose gold 

 

An Easier-to-Stomach Annual Fee

With annual fees of $550, top travel cards like the Platinum Card from American Express and the Chase Sapphire Reserve don’t come cheap. Of course, those cards come loaded with premium travel benefits like airport lounge access, annual travel credits, credits to cover a TSA PreCheck or Global Entry application, and more.

But paying a boatload for those perks won’t make sense for everyone – especially right now, with most travel still on hold. The Gold Card slots in the middle of the market perfectly.

The Gold Card carries a comparatively mild annual fee of just $250. While that’s still not for everyone, it’s much easier to stomach. And it makes the Gold Card an easy way to start earning lots of points for travel.

Is the Amex Gold Card is worth its $250 annual fee?

But doing the math on whether the Gold Card is worth it goes beyond the points.

 

Credits Make it Even Easier to Come Out Ahead

The Gold Card comes with two sets of statement credits that can quickly zero out the cost of that annual fee.

It starts with a brand new $10 monthly credit for Uber – or Uber Eats – on the Gold Card. Add that up over the course of a full year, and that’s $120 in easy-to-achieve savings whenever you order an Uber or order takeout or delivery via Uber Eats. All you need to do is add your Gold Card to your Uber app and the credits will kick in as Uber Cash.

Then there’s a separate $120 annual credit for dining, doled out in $10 installments. It’s also fairly easy to use, as it will kick in for orders through GrubHub or Seamless, The Cheesecake Factory, Ruth’s Chris Steakhouse, Boxed & participating Shake Shack locations.

 

uber eats amex gold

 

But both of these are use-them-or-lose-them benefits. Didn’t use your $10 for Uber or dining in February? They won’t roll over to March – they’re gone.

Maximize both credits every month and add up the value: That’s $240 compared to the $250 annual fee. Do it right, and you’re essentially paying just $10 a year for the card – and that’s before considering the value of the points you’re earning.

Of course, that only makes sense if you’re ordering takeout at least twice a month. But let’s be honest…

 

Get Big Value Out of Amex Transfer Partners

When it boils down to it, it’s all about the points. You can earn a lot with the Amex Gold, but where can they get you?

The best way to use Amex Membership Rewards points is by utilizing Amex transfer partners. You can send the Amex points you earn from the Gold Card straight to roughly two dozen different airline and hotel chain accounts. Here’s the full list.

 

American Express Transfer Partners

ProgramTypeTransfer RatioTransfer Time
Aer LingusAirline1:1N/A
AeroMexicoAirline1:1.62-12 days
Air Canada AeroplanAirline1:1Instant
Air France/KLMAirline1:1Instant
AlitaliaAirline1:1Instant
ANAAirline1:11-2 days
AviancaAirline1:1Instant
British AirwaysAirline1:1Instant
Cathay PacificAirline1:11-7 days
DeltaAirline1:1Instant
El AlAirline50:1Instant
EmiratesAirline1:1Instant
EtihadAirline1:1Instant
HawaiianAirline1:1Instant
IberiaAirline1:11-3 days
JetBlueAirline1.25:1Instant
QantasAirline1:1Instant
SingaporeAirline1:112-48 hours
Virgin AtlanticAirline1:1Instant
Choice PrivilegesHotel1:1Instant
Hilton HonorsHotel1:2Instant
Marriott BonvoyHotel1:1Instant

 

Of course, some of these options are better than others. Some of the options on this list stand out – and others are complete duds. We’ve got some favorites on this list:

  • Want to pad your Delta SkyMiles balance? American Express Membership Rewards are the only credit card points that transfer to Delta, making these credit cards a strong option if you want to hop on the next great SkyMiles flash sale with deeply discounted rates like 14,000 miles roundtrip to Hawaii.
  • Air Canada’s Aeroplan program is great – especially if flying business class is your thing. The airline charges just 75,000 miles for a one-way trip in business class to Asia on knockout airlines like EVA Air or ANA. But it’s also a good option for transcontinental flights on United Airlines or flights from the West Coast to Hawaii.
  • Looking to fly to Japan in business class for the same amount of miles most airlines charge for economy? ANA is your answer, and it’s another great transfer partner.
  • Virgin Atlantic is one of our absolute favorite Amex transfer partners, and it’s another great option. When Delta is charging 280,000 SkyMiles or more to fly in Delta One, you can snag the exact same seat by transferring just 50,000 Amex points to Virgin Atlantic. In general, Virgin Atlantic can be a great way to save miles to fly Delta. Frequent transfer bonuses of 10% to 30% or more just make it btter.
  • Keep Iberia in mind if you have some short domestic flights in the U.S. coming up. You can use miles from this Spain-based carrier to fly on American Airlines due to their partnership through the Oneworld alliance. And thanks to Iberia’s distance-based pricing system when using miles, you can often save some serious miles compared to what AA itself would charge. Better yet, Iberia also offers one of the cheapest ways to get to Europe in business class using miles.
  • Air France and KLM’s Flying Blue program can be worth a hard look, especially if you’re catching a big discount on one of the monthly Flying Blue Promo Rewards tickets to Europe. Flying Blue slashes economy, premium economy, or business class award tickets on select routes between the U.S. and Europe by as much as 50% each month. But one of our favorite uses of Flying Blue miles is booking Delta flights from the mainland U.S. to Hawaii. It’s just 35,000 miles round-trip, no matter where you depart from.

 

Bottom Line

For years, we’ve considered the Amex Gold Card the best all-around credit card for travelers. While other cards might pack a bigger punch with travel perks, you cannot beat earning 4x points on all your restaurant bills and grocery shopping. It has earned a spot firmly at the front of many travelers’ wallets.

And believe it or not, that case has only gotten stronger during the pandemic.

 

Amex Gold Card 1

 

Click Here to learn more about the American Express Gold Card. 

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.

Leave a Reply

Your email address will not be published. Required fields are marked *