Amex Business Gold Review [2021]: Rewards Tailored to Your Spending

Big rewards in categories where you spend most often for your business makes it easy to earn rewards.
Last updated Jun 4, 2021 | By Christy Rakoczy

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Your business deserves a card that rewards the spending you do most often, and, for many, the American Express® Business Gold Card fits the bill. The card customizes bonus rewards to your spending, and, if you tend to spend on travel, you can earn and redeem points for airline miles, making your points stretch even further.

While there is an annual fee, the generous rewards and business specific perks make the fee worth it for many business owners.

This American Express Business Gold Card review will help you decide if this business card is right for you or if you should consider other small business cards that might be a better fit.

High Rewards in Categories You Select


  • Earn 70,000 Membership Rewards points after spending $10,000 in the first 3 months
  • 4X Membership Rewards points in selected categories
  • No foreign transaction fees
  • $295 annual fee. Terms apply.
  • See rates and fees


  • No intro APR promotion offered
  • Has annual fee

Who should get this card?

If you’re a business owner with diverse spending habits who wants to maximize card rewards, the American Express Business Gold Card could be right for you. That’s because there’s no preset spending limit — you can spend more as your needs arise, and you aren’t stuck earning bonus rewards in predetermined spending categories set by the card issuer. Your bonus rewards change each billing cycle based on what you’ve used your card to purchase.

It’s also ideal if you tend to buy lots of airfare in one month when traveling to conferences, splurge on shipping when you do a big product push, buy new tech tools for your office a few times a year, and sometimes splurge on gas and restaurants. That’s because airfare, gas, restaurants, shipping, and tech are among bonus categories where you could earn extra points.

It can also be a great card if you currently pay for ZipRecruiter for hiring or use G Suite Basic, as the card covers your costs for these programs for a year. You’ll need to use these programs or spend enough to justify the annual fee, though, so the card may be better for business with heftier monthly expenses. Select benefits require enrollment.

Card basics

Card Type Business
Card Issuer American Express
Annual Fee $295 (See rates and fees). Terms apply.
Welcome Bonus Earn 70,000 Membership Rewards points after spending $10,000 in the first 3 months
Recommended Credit Score Excellent, Good
Foreign Transaction Fee None (See rates and fees)

Card benefits

  • Generous welcome offer: Earn 70,000 Membership Rewards points after spending $10,000 in the first 3 months.
  • Airline bonus: Redeeming your points for flights can score you even more rewards. Just use Pay with Points to book your ticket and you’ll get 25% of your points back to redeem again.
  • Rewards tailored to you: 4X Membership Rewards points for the first $150,000 spent in two select categories each year (after that 1X), and 1 point per $1 spent on other purchases. This unique feature of the card means you always get the most points for whatever spending your business is doing at the time. Plus, if you redeem for travel using Pay with Points, you’ll get 25% of your points back.
  • Trip delay insurance: If your flight is delayed more than 12 hours, you can also be reimbursed for up to $300 in unexpected expenses per trip.
  • Free access to popular business tools: Get up to one year free of G Suite Basic for up to three users and up to one year free of ZipRecruiter Standard.
  • Enrollment is required for select benefits.

Earning & redeeming

Best ways to earn

The American Express Business Gold Card provides 4X Membership Rewards points on two categories you select each quarter where you spend the most.

You can earn the 4X points on:

  • Airfare bought directly from an airline
  • Purchases on advertising on select U.S. media, including online, radio, and TV ads
  • Buying hardware, software, or cloud solutions as well as making other technology purchases from select U.S. providers
  • Purchases at U.S. gas stations or U.S. restaurants
  • Shipping costs within the U.S.

4X points can be earned up to $150,000 in combined purchases each quarter. You’ll earn one point per dollar on all other purchases, including spending in other categories as well as spending above $150,000 on your two bonus categories.

You can earn the most points by concentrating spending on specific categories. For example, you could book all your travel and purchase all your advertising during one billing cycle, then pay for your technology purchases in the next billing cycle.

Maximizing your redemptions

The best way to maximize your redemption is to use your points to purchase travel directly through American Express. That’s because you get 25% of your points back if you redeem for flights by using Pay with Points. You can book tickets for any class flight to get this bonus, even costlier first- and business-class seats.

American Express also allows you to transfer points to partners and sometimes provides limited-time transfer bonuses of 10% to 40% more miles when transferring to certain airline partners. This could supercharge your point value, so be on the lookout for these opportunities.

Common questions

Does the Amex Gold Card have a limit?

There are no preset spending limits on the American Express Business Gold Card. However, this doesn’t mean you can spend an unlimited amount of money. Your spending limit will be based on your financial information, payment history, and history as a card member.

Is the Amex Gold a charge card?

No, the Amex Gold is no longer considered a charge card. Charge cards, unlike credit cards, generally have to be paid in full every month. The American Express Business Gold Card provides cardmembers with a Pay Over Time option that allows you to carry a balance on eligible purchases of $100 or more. However, you will have to pay interest if you opt to carry a balance. And for any purchase under $100, payment is due at the close of the billing cycle.

Is the Amex Business Gold Card metal?

Yes, the American Express Business Gold Card is a metal card.

Other cards to consider

While the American Express Business Gold Card is a good option for business owners who spend enough to earn bonus rewards and offset the annual fee, there are other business cards that could be a better fit for some consumers.

The Ink Business Unlimited, for example, provides unlimited 1.5% cash back on every purchase — which is more generous than the base rewards offered by American Express — and there’s no annual fee.

If you do a lot of spending on flights and hotels, on the other hand, the costlier The Business Platinum Card® from American Express could be a superior fit due to a better bonus on these purchases, as well as an airline fee credit that the American Express Business Gold doesn’t offer. The annual fee is $595 (See rates and fees) and select benefits require activation.

High Rewards in Categories You Select

Special Offer

Earn 70,000 Membership Rewards points after spending $10,000 in the first 3 months

See rates and fees

See how these cards compare:

Chase Ink Business Unlimited Credit Card
Chase Ink Business Unlimited Credit Card
  • New Offer: $750 cash back sign-up offer
  • Unlimited 1.5% cash back on all spending
  • 0% APR for 12 months on purchases
  • No annual fee
The Business Platinum Card® from American Express
The Business Platinum Card® from American Express
  • Earn 100,000 points after spending $15,000 in the first 3 months
  • 5X points on qualifying flight and hotel purchases
  • 1.5X points on eligible purchases of $5,000 or more
  • Up to $200 statement credit per year for airline incidental fees
  • $595 annual fee. Terms apply.
  • See rates and fees

Author Details

Christy Rakoczy Christy Rakoczy has a Juris Doctorate from UCLA Law School with a focus in Business Law, and a Certificate in Business Marketing with an English Degree from The University of Rochester. As a full-time personal finance writer, she writes about all things money-related but her special areas of focus are credit cards, personal loans, student loans, mortgages, smart debt payoff strategies, and retirement and Social Security. Her work has been featured by USA Today, MSN Money, CNN Money and more, and you can learn more at her LinkedIn profile.