American Express® Business Gold Card Review

At the forefront of the American Express® Business Gold Card’s offerings are its impressive rewards rates. You can earn a whopping 4X points on two select categories where your business spends the most each billing cycle. This applies on up to $150,000 in combined spending per year. Beyond this threshold, you'll continue to earn 1X points. This system gives you the flexibility to maximize rewards in areas where your business spends the most.

For all other purchases, the card offers a flat rate of 1X points. This is fairly standard across most cards and means every dollar spent contributes to your rewards cache.

You can also earn a sizable welcome offer: 70,000 points after spending $10,000 on eligible purchases within the first three months. This is an impressive number of points that can translate into significant savings when redeemed correctly. The spend requirement is above average for a business credit card, so consider your upcoming expenses to make sure you'll meet the threshold with your business spending.

This card carries an annual fee of $295. While this may initially seem steep, when leveraged correctly, the rewards and benefits offered by the card can easily offset this fee, particularly for businesses with high spending volumes in the 4X categories and those that frequently travel.

The American Express® Business Gold Card's value goes even further for those who often travel. You can transfer points to a wide range of hotel and airline partners via American Express’s Membership Rewards program, offering flexibility in redemption. Furthermore, redeeming points through the American Express Travel Portal gives you a 25% bonus, allowing you to stretch your points further (up to a maximum of 250,000 points per calendar year).

A crucial feature of this card is that there are no points caps and points do not expire (as long as your account remains open and in good standing). This means you can accumulate rewards at your own pace and use them when it suits your business the most. Plus, you'll never have to worry about blackout dates when planning your travel.

As a cardholder, you'll also have access to the Working Capital Terms program, offering short-term business loans, an invaluable tool for businesses seeking flexible financing options (terms and restrictions apply). You can also add up to 99 employee cards for a one-time flat fee of $50, allowing you to streamline expenses and earn rewards faster.