Amex Business Gold benefits guide

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Courtesy of American Express

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The American Express® Business Gold Card is unique for a few reasons, including the fact you get to earn 4X points (up to annual limits) in two distinct categories your business spends the most in each month. This card also lets you rack up points in the American Express Membership Rewards program, which is one of the most versatile and lucrative rewards programs for travel available today.

The Amex Business Gold does charge a $295 annual fee, but the first-year welcome bonus and ongoing rewards rate can make paying this fee well worth it. When you add in the Amex Business Gold benefits you receive, it’s easy to see why this card could be the only business credit card you ever need.

As a reminder: Details of the Amex Business Gold

The American Express® Business Gold Card offers generous rewards in the following popular business categories: airfare purchased directly from an airline, advertising (purchased in the U.S. to promote your business online, on TV or on the radio), U.S. gas stations, U.S. restaurants, U.S. shipping costs and U.S. computer software, hardware and cloud systems from select providers.

If you sign up for this business credit card, you’ll also receive important Business Gold Amex benefits.

  • Earn 70,000 Membership Rewards points when you spend $10,000 on eligible purchases within three months of account opening
  • Earn 4X points in two categories your business spends the most in each billing cycle (on up to $150,000 in combined purchases per year), 2X points on rental cars booked through AmexTravel.com and 1X points on all other purchases
  • $295 annual fee
  • Variable APR of 14.24 percent to 22.24 percent
  • Terms apply

Dining and entertainment benefits

The Amex Business Gold comes with American Express Preferred Seating, which can help cardholders secure preferred seating at concerts, performances and sporting events. This benefit is complimentary for Amex Business Gold customers. Cardholders can also get presale access to select events before tickets are available to the general public.

Travel benefits

Amex Business Gold travel benefits can make travel safer or easier to book. Cardholders receive the following benefits once they’re approved for this card.

Points back on designated airline bookings

If you book a flight through AmexTravel.com and pay with American Express Membership Rewards points, you get 25 percent of those points back (up to 250,000 points back per year). This benefit is good on any class flight with an airline you select ahead of time or with any First or Business Class flight.

Global Assist hotline

This hotline can provide you with assistance if you need medical or legal referrals and you’re more than 100 miles from home. Other types of assistance offered include lost passport replacement, help with lost luggage, translation services and more.

Baggage insurance plan

Get coverage for carry-on luggage that’s worth up to $1,250 per covered person when you pay for a trip with your credit card. This card also comes with up to $500 in coverage per covered person when checked baggage is lost during travel on a common carrier vehicle. Other restrictions apply.

Car rental loss and damage insurance

Get secondary auto rental coverage when you pay for your entire car rental bill with your credit card. This coverage is good for rental periods of up to 30 days for covered renters with a cap of $50,000 per eligible rental agreement. Other restrictions apply.

Trip delay insurance

Trip delay insurance that comes with the Amex Business Gold is good for up to $300 per covered trip, although you’re limited to two claims per 12-month period. Coverage applies when you pay for a trip with a common carrier with your credit card and your trip is delayed 12 hours or more for covered reasons. You can use this coverage to pay for incidental expenses caused by your trip delay, such as meals, hotel stays or toiletries.

Card protections and insurance benefits

Cardholders also receive a handful of benefits that help protect purchases they make. The card protections and insurance benefits Amex Business Gold members receive are explained below.

Purchase protection

American Express purchase protection can provide repair or replacement of eligible items in the event they are damaged or stolen within 90 days of purchase. Coverage is good for up to $1,000 per covered purchase with a cap of $50,000 per calendar year. Cardholders also receive $500 in coverage for each natural disaster.

Extended warranties

Cardholders can also receive one year of additional warranty protection on eligible purchases that come with a manufacturer’s warranty of five years or less. This coverage is good for up to $10,000 per eligible purchase with a total benefit of up to $50,000 per calendar year.

How to maximize the perks and benefits offered by the Amex Business Gold

You can maximize your Amex Business Gold by using it for all your business-related purchases throughout the year, but especially for purchases in bonus categories that will net you 4X points (on up to $150,000 in combined purchases per year), including airfare purchased directly from an airline, purchases related to advertising, U.S. gas stations, U.S. restaurants, U.S. shipping costs and U.S. computer software, hardware and cloud systems from select providers.

Other ways to maximize your rewards include the following:

Combine several Amex credit cards

Consider combining your Amex Business Gold with a few other American Express credit cards that can help you rack up more points. A good business card option to consider is The Blue Business® Plus Credit Card from American Express since it gives you 2X Membership Rewards points on up to $50,000 in spending per year, then 1X points, as well as an unlimited 2X points on prepaid rental cars booked through AmexTravel.com. There’s no annual fee, so you can easily pair this card and use it for all non-bonus spending on the Amex Business Gold.

You can also consider pairing your Amex Business Gold with any number of consumer American Express credit cards that earn points in the American Express Membership Rewards program. Popular options include The Platinum Card® from American Express and the American Express® Gold Card.

Amex offers

Also, remember to check your account for Amex Offers, which makes it easy to earn more cash back or rack up more Amex Membership Rewards points on eligible purchases with participating retailers, restaurants, travel brands and more. This free program requires activation per individual offer, meaning you have to keep track of promotions and add them to your card before you can use them.

The bottom line

Amex Business Gold benefits can make the annual fee on this card a spectacular deal, and that’s even more true when you add in the value of the rewards you can earn each year. After all, maxing out the annual $150,000 limit with this card’s 4X bonus categories would net you 600,000 American Express Membership Rewards points over the course of a year. Since Amex Membership Rewards points are worth up to 2 cents each, these bonus categories offer an annual value of up to $12,000.

Still, you should never sign up for the first credit card you come across. Make sure you compare all the other business credit cards American Express offers, as well as business card options from other issuers before you decide.

Written by
Holly D. Johnson
Author, Award-Winning Writer
Holly Johnson began her career working in the funeral industry, which may make you wonder why she works in personal finance now. Yet, the funeral industry taught the author everything she needs to know about the value of one's money and time. Johnson left the mortuary business a decade ago in order to explore her passion for personal finance and travel the world, and since then, she and her husband have built a debt-free lifestyle that has them on the path to retire very wealthy in their 40s. Holly's love of budgeting also led to the creation of her debt payoff book, “Zero Down Your Debt: Reclaim Your Income and Build a Life You’ll Love."
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