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The information for the American Express Business Gold Card has been collected independently by The Ascent. The card details on this page have not been reviewed or provided by the card issuer.
Business owners with high spending in the right areas could earn plenty of rewards points using the American Express Business Gold Card. This card is special in that its bonus categories depend on where you spent the most money each billing cycle. Since it has a $375 annual fee (see rates and fees), you'll want to ensure it's a good fit before you apply. Read our full American Express Business Gold Card review to find out.
Great for: Bonus points flexibility
Good/Excellent (670-850)
Intro APR
Purchases: N/A
Balance Transfers: N/A
APR
19.49%-27.49%, variable
Rewards 4 points per $1 in two of the following categories where you spend most: gas, dining, advertising, transit, electronics & wireless ($150,000 annual spending cap). 3 points per $1 on flights and prepaid hotels booked on AmexTravel.com. 1 point per $1 on other purchases
1x - 4x points
Annual Fee
$375
Welcome Offer 70,000 Membership Rewards® points after you spend $10,000 on eligible purchases with the Business Gold Card within the first 3 months of Card Membership
70,000 Membership Rewards® points
The card brings innovative points-earning flexibility with the option to choose which categories earn 4x points. There is no preset spending limit so your spending is flexible. The inclusion of a nice welcome offer sweetens the pot.
We recommend comparing options to ensure the card you're selecting is the best fit for you and your small business needs. Not all cards are the same and not all businesses have the same needs. To make your search easier, here's a short list of standout business credit cards that we feel offer a lot of value to a wide range of businesses.
Offer | Our Rating | Welcome Offer | Rewards Program | APR | Learn More |
---|---|---|---|---|---|
Apply Now for Ink Business Cash® Credit Card
On Chase's Secure Website. |
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
Earn up to $750 bonus cash back Earn $350 when you spend $3,000 on purchases in the first three months and an additional $400 when you spend $6,000 on purchases in the first six months after account opening. | Earn 5% cash back in select business categories Earn 5% cash back on the first $25,000 spent in combined purchases at office supply stores and on internet, cable and phone services each account anniversary year. Earn 2% cash back on the first $25,000 spent in combined purchases at gas stations and restaurants each account anniversary year. Earn 1% cash back on all other card purchases with no limit to the amount you can earn. |
Intro: 0% Intro APR on Purchases Purchases: 0% Intro APR on Purchases, 12 months Balance Transfers: N/A Regular: 18.49% - 24.49% Variable |
Apply Now for Ink Business Cash® Credit Card
On Chase's Secure Website. |
Apply Now for Ink Business Unlimited® Credit Card
On Chase's Secure Website. |
Rating image, 4.50 out of 5 stars.
4.50/5
Our ratings are based on a 5 star scale.
5 stars equals Best.
4 stars equals Excellent.
3 stars equals Good.
2 stars equals Fair.
1 star equals Poor.
We want your money to work harder for you. Which is why our ratings are biased toward offers that deliver versatility while cutting out-of-pocket costs.
= Best = Excellent = Good = Fair = Poor |
Earn $750 bonus cash back Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. | Earn unlimited 1.5% cash back on every purchase Earn unlimited 1.5% cash back on every purchase made for your business |
Intro: 0% Intro APR on Purchases Purchases: 0% Intro APR on Purchases, 12 months Balance Transfers: N/A Regular: 18.49% - 24.49% Variable |
Apply Now for Ink Business Unlimited® Credit Card
On Chase's Secure Website. |
This credit card is a good fit for: Business owners who want to earn big rewards in the categories where they spend the most.
There are quite a few valuable benefits you get with the American Express Business Gold Card.
You earn 70,000 bonus points after spending $10,000 on eligible purchases with your card in the first three months. Terms apply.
The American Express Business Gold Card has one of the more unique and beneficial rewards structures of all business credit cards. Each billing cycle, you earn 4 points per $1 on whichever two of the following categories your business spent the most money:
The bonus rate of 4 points per $1 applies to your first $150,000 in bonus spending per calendar year. On all other spending, this card earns 1 point per $1.
Learn more: Best Rewards Credit Cards
A big benefit of American Express cards that earn Membership Rewards points is how useful those points are. The Membership Rewards program has one of the largest rosters of airline and hotel partners, so you'll have plenty of opportunities to transfer your points and get lots of value from them.
In addition to points transfers, you can also redeem your points towards the cash price of an airline ticket through American Express's Pay with Points feature. You get a value of $0.01 per point this way, but the American Express Business Gold Card will also refund you 25% of your points on flights with your selected qualifying airline and first or business-class bookings with any airline. Terms apply.
This card offers several complimentary protections that can come in handy, including:
When you book The Hotel Collection through American Express Travel and stay at least two consecutive nights, you're entitled to the following benefits at participating properties:
See more: Best Hotel Credit Cards
As you'd expect from a card that earns travel rewards, the American Express Business Gold Card doesn't charge a foreign transaction fee (see rates and fees).
Related: Check out The Ascent's guide to the Best American Express Credit Cards.
The American Express Business Gold Card has a couple areas where it could be better.
With a $375 annual fee, the American Express Business Gold Card isn't cheap. And unlike many credit cards in this price range, it doesn't offer much in the way of spending credits or travel perks.
For the annual fee to be worth it, you need to get enough value from those bonus categories. A good rule of thumb is to consider getting this card if your business spends at least $2,000 per month in bonus categories. With that much spending, you'd earn 96,000 points per year. Even at a conservative value of $0.01 per point, that's $960. After subtracting the annual fee, you'd be getting $585 in annual value.
Keep in mind that it doesn't take nearly as much spending to break even on the annual fee. You'd earn enough to offset the annual fee with $615 per month in bonus spending.
Compare credit card rewards, fees, APRs, and more using our side-by-side comparison tool.
To have a good chance of approval for the American Express Business Gold Card, your FICO® Score should be at least 670. This is a premium business credit card, and it's aimed at business owners with good to excellent credit scores.
You will also need a business to open this card. Keep in mind that you're eligible for a business credit card with any type of business, including a sole proprietorship or a side hustle.
If your business spends in quite a bit of money in one or two bonus categories, then the American Express Business Gold Card could be just what you need.
The business owners who will benefit the most are those who spend upwards of $2,000 to $12,500 per month in this card's bonus categories. Any less than $2,000 and you'd probably be better off comparing credit cards with lower annual fees. Any more than $12,500 and you'll need a card with a higher spending cap on its bonus categories. But if your bonus spending is in that range, you'll get your money's worth from all the points you earn.
At The Motley Fool Ascent, we rate credit cards on a five-star scale (1 = poor, 5 = best). Our rating criteria includes rewards rates, welcome bonuses, fees, and perks like travel credits and 0% intro APR offers to evaluate our ratings.
We combine these factors with an evaluation of brand reputation and customer satisfaction to ensure you're getting the best card recommendations. Learn more about how The Ascent rates credit cards.
The American Express Business Gold Card doesn't have a credit limit or a preset spending limit. It offers a flexible spending limit that's based on several factors, such as your purchase, payment, and credit history. To see if a large purchase you want to make will be approved, you can use the Check Spending Power tool in your online account or in the American Express mobile app.
The American Express Business Gold Card isn't hard to get, but approval depends on your credit history, income, and business. Most approved applicants have a FICO® Score of 670 or higher. If your business is new and doesn't have much revenue yet, it's possible to get approved based on your personal income and credit profile.
Yes, you can use this card internationally, and it doesn't charge a foreign transaction fee.
We're firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent, a Motley Fool service, does not cover all offers on the market. The Ascent has a dedicated team of editors and analysts focused on personal finance, and they follow the same set of publishing standards and editorial integrity while maintaining professional separation from the analysts and editors on other Motley Fool brands.
For rates and fees for the American Express Business Gold Card, click here.
*Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.
**Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company.
***Eligibility and Benefit level varies by Card. Terms, Conditions and Limitations Apply. Please visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car Rental Loss or Damage Coverage is offered through American Express Travel Related Services Company, Inc.
For rates and fees for the American Express Business Gold Card, click here
The Motley Fool recommends Amex.