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How LendingTree Gets Paid

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American Express® Gold Card

American Express<sup>®</sup> Gold Card

American Express® Gold Card

Welcome Offer
Earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
Rewards Rate
Earn 4X Membership Rewards® Points at Restaurants, including takeout and delivery, and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X), and 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. Terms apply.
Extra Perks
$120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
Edited by
Julie Sherrier
Reviewed by
Tracy Brackman
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Who is the American Express® Gold Card best for?

If you’re a foodie or frequent traveler in the market for a rewarding high-end card, the American Express® Gold Card is one to consider.

In addition to valuable benefits, such as an annual dining credit and baggage insurance, the American Express® Gold Card offers a generous rewards rate on restaurants, U.S. supermarket and airfare purchases. Just know, these benefits come with an annual fee of $250.

We break down the pros and cons of the American Express® Gold Card, and show how it compares to the Chase Sapphire Preferred® Card – which also offers premium travel and dining benefits, but at a much lower annual fee.

To see rates & fees for American Express® Gold Card please click here.

American Express® Gold Card overview

    • Rose Gold is back. You can now choose between Gold or Rose Gold.
    • Earn 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.
    • Earn 4X Membership Rewards® Points at Restaurants, including takeout and delivery, and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
    • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
    • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
    • $120 Dining Credit: Earn up to a total of $10 in statement credits monthly when you pay with the Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth's Chris Steak House, Boxed, and participating Shake Shack locations. This can be an annual savings of up to $120. Enrollment required.
    • Get up to 12 complimentary months of an Uber Eats Pass subscription when you enroll with your Gold Card by 12/31/21.
    • No Foreign Transaction Fees.
    • Annual Fee is $250.
    • Terms Apply.
  • Credit needed:
    720 850
    Excellent/Good
  • Foreign transaction fees: None
  • Personalized travel services
  • Global Assist® Hotline
  • Baggage insurance plan
  • Car rental loss or damage insurance
  • The Hotel Collection benefit
  • Complimentary ShopRunner membership
  • American Express Preferred Seating
  • Extended warranty
  • Purchase protection
  • Return protection
  • Trip cancellation and interruption insurance
  • Trip delay insurance
  • Cellphone protection

Intro Purchase APR

N/A

Intro BT APR

N/A

Annual Fee

$250

Regular Purchase APR

See Pay Over Time APR

Cash Advance Fee

Either $10 or 5% of the amount of each cash advance, whichever is greater.

Foreign Transaction Fee

None

Balance Transfer Fee

N/A

Pros and cons of the American Express® Gold Card

Pros

  • Generous rewards rate
  • Welcome offer
  • Dining credit
  • Uber Cash credit

Cons

  • Annual fee
  • Limits on higher rewards rate
  • Cannot carry a balance on some purchases

What we like about the American Express® Gold Card

  • Rewards rate

    The American Express® Gold Card offers a rewards rate at restaurants and U.S. supermarkets that rivals other dining rewards cards. Earn 4X Membership Rewards® Points at Restaurants, including takeout and delivery, and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X), and 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. Terms apply.

    American Express Membership Rewards® points can be redeemed for statement credits, travel, merchandise, gift cards and more. Points can also be transferred to several travel loyalty programs, including Delta SkyMiles®, Emirates Skywards, JetBlue TrueBlue, Marriott Bonvoy™ and more.

  • Welcome offer

    The American Express® Gold Card offers an introductory welcome offer of 60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months.

    The value of Membership Rewards® points vary depending on how you redeem them. For example, points are valued at 1 cent each when redeemed for flights through American Express Travel – making the current welcome offer worth $350 ($600 minus the annual fee). However, when you use points to pay at checkout at merchants such as Amazon and Best Buy, they are worth 0.7 cents each, bringing the value of the welcome offer to $245.

  • Dining credit

    Earn up to a total of $10 in statement credits monthly when you use your American Express® Gold Card at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House Boxed and participating Shake Shack locations – for an annual savings of up to $120 per calendar year. Enrollment is required.

    Note, the credit is not valid on gift cards or merchandise purchases.

  • Uber Cash credit

    Add your American Express® Gold Card to your Uber account, and automatically get $10 in Uber Cash each month (for a total of up to $120 per year) to use on Uber Eats or Uber rides in the U.S.

What to look out for with the American Express® Gold Card

  • Annual fee

    The American Express® Gold Card charges a substantial annual fee of $250. That said, the dining, airline and hotel credits can more than cover that amount each year.

    Also know, there is no annual fee for up to five additional cards. The annual fee for six or more cards is $35 per card.

  • Limits on higher rewards rates

    If you’re looking to earn a generous rewards rate on all of your travel purchases, you won’t be able to do so with the American Express® Gold Card, since it only offers the higher rate on airfare booked directly with an airline or at amextravel.com. Other travel purchases, such as hotels stays, cruises or homeshares, only earn 1 point per $1 spent.

    Additionally, the elevated rewards rate at restaurants only applies to those located inside the U.S.

  • Cannot carry a balance on some purchases

    Unlike typical credit cards, this card lets you carry a balance for certain charges, but not all. American Express does offer a Pay Over Time feature, which gives cardholders the option to pay for eligible purchases of $100 or more over time with interest.

    Note, enrollment for Pay Over Time is required, and you will accrue interest charges on all eligible purchases if you choose to carry a balance.

Alternate rewards credit card to the American Express® Gold Card

Compare it to the Chase Sapphire Preferred® Card

Disclosures |
Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
on Chase's secure site
N/A
15.99% - 22.99% Variable
$95
2X points on dining at restaurants including eligible delivery services, takeout and
  • Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.
  • Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
750 850

How Does LendingTree Get Paid?

LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

If you want a travel and dining rewards card that offers an even more valuable sign-up bonus at a lower annual fee, check out the Chase Sapphire Preferred® Card.

At $95 a year, the Chase Sapphire Preferred® Card offers the following sign-up bonus: Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®.

Along with redeeming Ultimate Rewards points for cash, statement credits, gift cards, travel and products and services, Chase Sapphire Preferred® Card members can transfer points to a variety of travel transfer partners at a rate of 1:1.

While the Chase Sapphire Preferred® Card offers the opportunity to earn a higher rewards rate on flights booked directly with airlines or on amextravel.com, the Chase Sapphire Preferred® Card also offers an elevated rate in a broader variety of travel categories, including airlines, hotels, motels, timeshares, car rental agencies, discounted travel sites and campgrounds, as well as operators of passenger trains, buses, taxis, limousines, ferries, toll bridges, highways, parking lots and garages.

Chase Sapphire Preferred® Card points are typically valued at 1 cent each; however, as stated above, they are worth 25% more when redeemed for travel through Chase Ultimate Rewards®. Cardholders can also get 25% more value from their points when redeemed for statement credits to cover purchases in the following categories: grocery stores, dining (including restaurants, takeout and eligible delivery services), home improvement stores (such as Home Depot and Lowe’s,) and charitable organizations through April 30, 2021.

Compare the American Express® Gold Card to similar cards

Comparison of four different credit cards
American Express<sup>®</sup> Gold Card Chase Sapphire Preferred<sup>®</sup> Card Blue Cash Preferred<sup>®</sup> Card from American Express Capital One<sup>®</sup> Savor<sup>®</sup> Cash Rewards Credit Card
American Express® Gold Card Chase Sapphire Preferred® Card Blue Cash Preferred® Card from American Express Capital One® Savor® Cash Rewards Credit Card
Apply Now
on American Express's secure site
Terms Apply
Apply Now
on Chase's secure site
Apply Now
on American Express's secure site
Terms Apply
Read Review
Welcome Offer
60,000 Membership Rewards® Points after you spend $4,000 on eligible purchases with your new Card within the first 6 months. Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,250 when you redeem through Chase Ultimate Rewards®. $150 back after you spend $3,000 in purchases on the Card within the first 6 months of Card Membership. Earn a one-time $300 cash bonus once you spend $3,000 on purchases within 3 months from account opening
Rewards Rate
Earn 4X Membership Rewards® Points at Restaurants, including takeout and delivery, and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X), and 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com. Terms apply. 2X points on dining at restaurants including eligible delivery services, takeout and dining out and travel & 1 point per dollar spent on all other purchases worldwide 6% Cash Back at U.S. supermarkets on up to $6,000 per year in purchases (then 1%), 6% Cash Back on select U.S. streaming subscriptions, 3% Cash Back at U.S. gas stations and on transit (including taxis/rideshare, parking, tolls, trains, buses and more), 1% Cash Back on other purchases. Terms apply. Earn unlimited 4% cash back on dining, entertainment & popular streaming services, plus 3% at grocery stores.
Annual Fee
$250 $95 $0 introductory annual fee for the first year, then $95 $95
Intro Purchase APR
N/A N/A 0% on purchases for 12 months N/A
Regular APR
See Pay Over Time APR 15.99% - 22.99% Variable 13.99%-23.99% Variable 15.99% - 24.99% (Variable)
Recommended Credit
Excellent/Good Excellent Excellent/Good Excellent/Good
Card Details
American Express® Gold Card Chase Sapphire Preferred® Card Blue Cash Preferred® Card from American Express Capital One® Savor® Cash Rewards Credit Card

Is the American Express® Gold Card right for you?

When deciding between the American Express® Gold Card and the Chase Sapphire Preferred® Card, the right one for you comes down to what you want to get from the card.

If earning more points at restaurants, U.S. supermarkets and air travel is most important to you, the American Express® Gold Card could be a great fit – especially if you plan to take advantage of the annual credits, which will help offset the cost of the card’s annual fee.

But if the opportunity to earn a higher rewards rate on a broader range of travel purchases – while getting more value from those points – is more ideal, the Chase Sapphire Preferred® Card may be the better choice.

To see rates & fees for American Express® Gold Card please click here.

Apply Now
on American Express's secure site
Terms Apply