Key takeaways
- The American Express® Gold Card is worth it for foodies, Uber lovers and frequent travelers.
- The Amex Gold card is not worth it for anyone who would prefer to earn cash back or anyone who doesn’t want to pay an annual fee.
- Additionally, anyone looking for luxury travel benefits, like airport lounge access or travel credits, should opt for a premium travel credit card instead.
The American Express® Gold Card can be a valuable addition to your wallet, especially for those who enjoy dining out, using Uber frequently, and traveling often. While it may not offer as many travel benefits as The Platinum Card® from American Express, the Amex Gold Card’s long-term rewards rate and lower annual fee make it a compelling choice.
With a welcome offer of 60,000 points after spending $6,000 on eligible purchases within six months of card membership, the Amex Gold Card provides a strong incentive to sign up. Cardholders can earn:
- 4X points at restaurants (including takeout and delivery in the U.S.)
- 4X points on up to $25,000 spent at U.S. supermarkets annually
- 3X points on flights booked directly with airlines or via American Express Travel
- 1X points on all other purchases
Despite the $250 annual fee, the Amex Gold Card offers several benefits that justify the cost. These include up to $120 in Uber Cash annually, $120 in dining credits at select restaurants, and $100 in experience credits with The Hotel Collection each year. Additional perks include purchase protections, travel insurances, and the option to choose a rose gold card color.
Ultimately, the decision to get the Amex Gold Card depends on your spending habits and preferences. While the card can provide significant value in the right circumstances, there are also situations where it may not be worth it.
When is the Amex Gold Card worth it?
Consider the following factors to determine if the American Express Gold Card is a good fit for you:
You want a generous welcome bonus
The welcome bonus on the Amex Gold Card can be worth up to $1,200, making it a compelling option for the first year.
You spend a lot at U.S. supermarkets and restaurants
Earning 4X points on these categories can result in significant rewards, especially if you maximize your spending.
You can utilize the annual credits
The dining and Uber credits provided by the Amex Gold Card can add up to substantial savings if used regularly.
You value protective benefits
The card’s insurance benefits and consumer protections can offer peace of mind for your purchases and travels.
When is the Amex Gold Card not worth it?
There are instances where the Amex Gold Card may not be the best choice:
You prefer cash back rewards
If you prefer earning cash back or value other types of rewards over travel points, this card may not be ideal.
You desire premium travel perks
For those seeking elite travel benefits like airport lounge access, a premium travel credit card might be a better fit.
You are averse to paying an annual fee
If you do not want to pay an annual fee for a rewards credit card, there are fee-free options available that may better suit your needs.
Should you get the Amex Gold Card?
Consider the following before deciding to apply for the Amex Gold Card:
Who should get the Amex Gold Card?
- Foodies, frequent Uber users, and travelers who want to earn rewards points
Who should consider a different rewards credit card?
- Travel enthusiasts seeking premium perks, individuals averse to annual fees, and those with different spending habits
The bottom line
Deciding if the American Express Gold Card is worth it depends on your lifestyle and preferences. While it can offer great value for certain individuals, exploring other rewards credit card options is also important. Compare different cards to find the one that best suits your needs and goals.