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Our Verdict

If you’re a business owner who has a high number of expenses, but these expenses vary from month to month, then you might find that the American Express® Business Gold Card is the perfect option for you to maximize all of those purchases, month in and month out.

The Amex Business Gold card combines excellent point-earning potential and flexible rewards, along with great purchase and travel protections, to make for a well-rounded card for business owners.

Amex Business Gold


  • 4x Membership Rewards points per $1 on the 2 categories where your business spends the most each month:
    • Airfare purchased from airlines
    • U.S. purchases for advertising in select media
    • U.S. purchases made from select technology providers of computer hardware, software, and cloud solutions
    • U.S. purchases at gas stations
    • U.S. purchases at restaurants
    • U.S. purchases for shipping
  • 25% airline bonus when using Pay With Points
  • Access to American Express transfer partners
  • Purchase protection
  • Travel protection
  • Access to Amex Offers
  • Access to Amex’s The Hotel Collection
  • No foreign transaction fees


  • $295 annual fee
  • No elite travel benefits like airport lounge access or elite status

Current Welcome Bonus

Earn 70,000 Membership Rewards points after you spend $10,000 on eligible purchases with the Amex Business Gold card within the first 3 months of card membership.

Learn More

Amex Business Gold Card Details

Photo: Jacob Lund/Shutterstock

As a business owner, a credit card that charges a $295 annual fee might feel unnecessary, but once you see the value of all of the points you can earn, and the benefits you’ll receive, you’ll see how holding the Amex Business Gold card might be a perfect fit for your business.

The Amex Business Gold card is a fantastic option for business owners who have a significant level of spending in one or more of the following categories:

  • Airfare purchased from airlines
  • U.S. purchases for advertising in select media
  • U.S. purchases made from select technology providers of computer hardware, software, and cloud solutions
  • U.S. purchases at gas stations
  • U.S. purchases at restaurants
  • U.S. purchases for shipping

Each month, you’ll earn 4x Membership Rewards points per $1 in whichever 2 categories you happen to spend the most in for that billing period, up to $150,000 in spending each year. If you were to max out this threshold you would earn 600,000 Membership Rewards points a year worth at least $7,500 in airfare!

The Amex Business Gold card isn’t just about earning points — it also comes packed with benefits like purchase protection, travel protections, and a 25% point bonus when using Pay With Points, along with access to access to Amex Offers that allow you to earn additional Membership Rewards points or statement credits when you shop with dozens of select merchants.

So if you want to rack up the points from your business expenses that you can later redeem towards free travel, then the Amex Business Gold card will help you do just that.

Great Card If

  • You’re a business owner that spends a lot of money on 1 or more of the cards 6 bonus categories
  • You want a card that offers purchase protection and travel protections
  • You want a card that earns flexible rewards

Don’t Get If

  • You want a card that charges no annual fee
  • The bulk of your business spend does not fall within one of the cards 6 bonus categories

Amex Business Gold Card Protections

We mentioned that the Amex Business Gold card offers purchase and travel protections, but how do these protections work and what do they cover?

  • Trip Delay Insurance — If a round-trip ticket purchased with your card is delayed by more than 12 hours, you’re covered for up to $300 in reasonable expenses like meals, lodging, and personal use items.
  • Baggage Insurance— Any items lost or damaged during transit are covered up to $1,250 per traveler for carry-on bags, and up to $500 per traveler for checked bags.
  • Rental Car Insurance — Secondary coverage for damages caused by theft or collision is provided at up to $50,000 (secondary coverage kicks in after your primary vehicle insurance).
  • Extended Warranty Protection — When you purchase an item with your Amex Business Gold card, a manufacturer’s warranty of 5 years or less can be extended up to 1 additional year.
  • Purchase Protection — Purchases made with your card are covered for up to 90 days from the purchase date, up to $1,000 per item and $50,000 per year, in the event of theft, loss, or damage.

As you can see, your Amex Business Gold card will help keep you covered whether you’re in the office or off on your next adventure.

Best Ways to Use Membership Rewards Points

Once you’ve built up a balance of Membership Rewards points you can start to redeem them towards the things that matter most to you. American Express gives you plenty of options when it comes to redeeming points, but some offer much better value than others.

Amex Transfer Partners

Photo: Christian Heinz/Shutterstock

If you’re hoping to use your Membership Rewards points to travel the world, then utilizing the Amex transfer partners is by far the best way to get the maximum value out of your Membership Rewards points. While there is an added layer of difficulty when using transfer partners, putting in the extra effort can help you book business and first class flights on some of the world’s best airlines for less than the price of an economy ticket.

Here is the full list of all of the Amex transfer partners, along with which programs we think are the best for getting the best value possible out of your Membership Rewards points:

Amex Transfer Partners
Our Top Choices Air Canada Aeroplan Avianca LifeMiles
ANA Mileage Club British Airways Avios
Solid Options Air France/KLM Flying Blue Emirates Skywards Singapore Airlines
Cathay Pacific Asia Miles Etihad Guest Virgin Atlantic Flying Club
Choice Privileges Iberia Plus
Delta SkyMiles Qantas Frequent Flyer
Not Recommended Aer Lingus AerClub Hawaiian Airlines Marriott Bonvoy
Aero Mexico Club Premier Hilton Honors
Alitalia Millemiglia JetBlue True Blue

As you can see, there are quite a lot of Amex transfer partners, and trying to figure out which once you should use for a given situation can be dizzying for someone new to the world of points and miles. But let this chart serve as a guide to help you determine which partners can offer you the best value for your Membership Rewards points.

Loyalty programs in the top category are our Top Choices because they are usually the easiest to get top-notch value out of and are well-worth transferring your hard-earned Membership Rewards points to. For example, you could transfer 60,000 Membership Rewards points to Air Canada to fly from the eastern U.S. to Europe in business class — a flight that can cost several thousand dollars!

Any programs in the Solid Options category are also good options to utilize when trying to get the best value out of your points. Programs in this category usually have sweet spots that can make for very compelling redemptions. One such program is the Air France/KLM Flying Blue program which regularly offers discounted award flights to select destinations that can be as much as 25% to 50% off the usual price. 

Finally, any program in the Not Recommended category is one we strongly advise against using unless you have a very specific use case due to their less than ideal value. Take the JetBlue program for instance, where Membership Rewards transfers only occur at a 250:200 rate, so 50,000 Membership Rewards points would become 40,000 points when transferred to JetBlue.

Ultimately, your points are yours to do with as you wish, so you should redeem them in whatever way makes the most sense to you. But if you’re trying to get the best value possible, then we recommend you stick with programs in the top or solid choice categories.

Airfare Through Amex Travel

With your Amex Business Gold card, you can redeem your Membership Rewards points towards airfare through the Amex Travel portal and receive a 25% bonus. So if you’re someone who wants to redeem your points towards travel, but doesn’t want to deal with learning how to use transfer partners, then this can be a great option.

You should keep in mind though that the 25% rebate with Pay With Points is only good for any flight options with just 1 carrier of your choosing. Otherwise, for other carriers, the 25% bonus will be limited to business and first-class flights, and only until you received a maximum of 250,000 points back in a calendar year.

Other Ways to Redeem Points

American Express also allows you to redeem your Membership Rewards points towards gift cards with select merchants, for purchases made with Apple or Amazon, or even statement credits or cash-back from any purchase made with the card. All of these options offer anywhere from 0.6 cents to 1 cent per point in value, so unless you have no desire to use your points for travel, you should think twice before using these redemption options.

Alternative Card to the Amex Business Gold Card

The Business Platinum Card® from American Express

If you spend a lot of time business traveling and want a card that offers premium travel benefits, then the Amex Business Platinum card might be a better fit for you. The card earns 5x Membership Rewards points on flights and prepaid hotels on Amex Travel, 1.5x points per $1 on purchases over $5,000, and a 35% rebate when using points to book flights on Amex Travel. Plus you’ll receive some incredible travel perks like access to 6 different airport lounge networks, a $200 annual airline fee credit, travel protections, rental car elite status, and complimentary Hilton Honors Gold and Marriott Bonvoy Gold Elite status.

Ink Business Preferred® Credit Card

If you’re looking for something well-rounded like the Amex Business Gold card, but at a lower annual fee, then the Ink Business Preferred card could be a perfect match. Cardholders earn 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on advertising on social media and search engines, travel, shipping, and internet, cable, and phone services. You’ll also receive perks like cell phone insurance, travel and purchase protections, and access to Chase Ultimate Rewards travel transfer partners. Your points are also worth 25% more when redeemed through the Chase travel portal.


Advertiser Disclosure: We’ve partnered with UpgradedPoints.com to help make recommendations on our favorite travel credit cards. We may receive a commission from card issuers if you choose to apply for cards through these links. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers.

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities. Note: While the offers mentioned above are accurate at the time of publication, they’re subject to change at any time and may have changed, or may no longer be available.