Business Gold Card from American Express is actually a straightforward credit card with a great rewards program helping you to cash in on your business expenses.

The card offers you a flexible reward program accompanied by a variety of services and merchandise. This card has an annual fee and it provides all the services and benefits that are common with American Express business credit cards.

Unique Reward Program

Through your Business Gold Rewards Card, you will automatically be enrolled into the membership rewards program of American Express. Each dollar spent earns you a point. In addition to this, you get bonus reward-points whenever you reach certain milestones as a Cardmember. Have a look at the scheme of events:

For first purchase earn 5000 bonus points

Earn 5000 bonus points for touching the $20,000-mark in spending

Get 20000 more bonus points as a gift for reaching $50000-figure in spending

For your one-year Card renewal, achieve another 10000 additional bonus points

If you maintain an average spending of $5000 per month, you will earn 60000 points

So, the crux is spend more earn even more. Unlike many other cards, the number of points you can earn is limitless and does not have an expiration date. Especially, the top-tier reward points are redeemable quickly, such as travel, office equipment, and high-end merchandise entertainment events. You can even choose to build your points up over several years.

Important Features

Before going any further, go through some of the important features of Business Gold Card from American Express:

As a primary cardholder, you will be charged an annual fee of $125. You will also be charged an additional $45 annual fee for each supplementary card you take. (The fees are exempted for the first year).

You will have to pay no finance charges

You get enrolled in the membership rewards program automatically

The points build up quite fast and you can earn up to 100000 points in the first year.

Earn gift cards for yourself as well as your employees

With OPEN Savings, you will receive discounts on products and services from participating partners such as Hertz, FedEx, AT&T and many more.

As limitations and restrictions are applicable, reviewing disclosures for participating merchant discounts is very vital.

The card does not provide you an option of paying balances over time. It appears as a disadvantage on the face of it, however, it slowly emerges as a plus point. The debt builds up in the case when you are paying only the minimum due with high interest rates. Paying every month helps your business, as your business does not accrue too much credit card debt.

Extra Benefits

Holding the Business Gold Card from American Express makes you eligible for enjoying the following extra advantages and services:

Have access to the savings you make on air, hotel and car reservations when booking through Online Business Travel Center.

Avail various Internet account related services - access to expense management reports, compatible with QuickBooks.

Get insurances like travel accident insurance of upto $100000, Lost and damaged luggage insurance, Auto rental insurance, etc.

Feel confident to buy whatever you like with purchase and return protection.

Get extended warranty on your purchases.