American Express Gold Card Review: Dining Rewards Royalty

For high-spending foodies, the American Express® Gold Card is dining rewards royalty. The $ 250-annual-fee card earns 4 points per dollar spend at restaurants, 4 points per dollar spent at U.S. supermarkets ( on up to $ 25,000 in purchases a year ) and a $ 120-a-year din credit rating, among other perks. Terms apply. Points are worth 1 penny each on average, according to NerdWallet valuations. Assuming you didn ’ thyroxine redeem the annual credits on the card ( more on that late ), that means you ’ d have to spend at least $ 6,250 per year to earn adequate rewards on this menu after the beginning year to make up for the annual fee, making it a poor choice for economical folks. But for those who spend enough on food and can take advantage of all the card ’ s annual credits, it ’ s a winner.

American Express® Gold Card

: Key features

To view rates and fees of the American Express® Gold Card, see this foliate. Card type : Rewards. annual fee : $ 250. welcome bonus : Earn 60,000 Membership Rewards® Points after you spend $ 4,000 on eligible purchases with your new Card within the foremost 6 months of Card Membership. Terms Apply. Rewards :

  • 4 Membership Rewards points per dollar exhausted at restaurants, including those made through third-party processors like Square and Toast .
  • 4 points per dollar spent at U.S. supermarkets on up to $ 25,000 in purchases per year .
  • 3 points per dollar exhausted for flights booked directly with airlines or with American Express Travel .
  • 1 point per dollar spent on other eligible purchases .
  • Terms apply .

membership Rewards points are worth about 0.5 cents to 1 cent each depending on how you redeem them. change of location and endow circuit board redemptions are broadly the most valuable. Points are besides assignable and can be worth even more if redeemed strategically after being transferred to other commitment programs .

Full list of Membership Rewards transfer partners

Airlines :

  • Aer Lingus. ( 1:1 )
  • AeroMexico. ( 1:1.6 )
  • Air Canada. ( 1:1 )
  • Air France/KLM. ( 1:1 )
  • ANA. ( 1:1 )
  • Avianca. ( 1:1 )
  • british Airways. ( 1:1 )
  • Cathay Pacific. ( 1:1 )
  • Delta Air Lines. ( 1:1 )
  • Emirates. ( 1:1 )
  • Etihad Airways. ( 1:1 )
  • hawaiian Airlines. ( 1:1 )
  • Iberia Plus. ( 1:1 )
  • JetBlue Airways. ( 2.5:2 )
  • Qantas. ( 1:1 )
  • Singapore Airlines. ( 1:1 )
  • Virgin Atlantic Airways. ( 1:1 )

Hotels :

  • Choice Hotels. ( 1:1 )
  • Hilton Hotels & Resorts. ( 1:2 )
  • Marriott Hotels & Resorts. ( 1:1 )

For details on transplant ratios, see AmEx ‘s web site.

april : see terms . Nerdy tap : This menu offers two features — “ design It® “ and “ pay Over Time “ — that allow you to finance certain purchases over a menstruation of time, but it is not a traditional credit card because some charges must be paid in full. plan It® lets you set up a payment plan for eligible purchases, during which you pay a monthly fee rather of interest charges. With this feature, you know how much you ‘ll pay each month. “ Pay Over Time ” lets you finance eligible purchases over a condition with interest. There is a specify to the sum you can finance with a Pay Over Time plan . extraneous transaction fees : none. other benefits :

  • $ 120 annual dining credit ( available in monthly credits on choose purchases. )
  • Up to $ 120 a year in Uber Cash ( $ 10 per calendar month ) .
  • Metal poster .
  • Terms apply .

Why you might want the

American Express® Gold Card

The annual credits are potentially valuable

The american Express® Gold Card comes with up to $ 240 worth of benefits that can efficaciously cancel out most of the circuit board ’ s $ 250 annual fee, provided that you use them. That could potentially make this card much more valuable than other dining cards that offer similarly rich ongoing rewards. Keep in heed that this might require some extra feat on your function, given the restrictions on these goodies. here ’ s how these benefits cultivate :

  • $ 120 annual dining credit. You ’ ll get this $ 120 in monthly $ 10 credits on your account that can be applied toward purchases made with choose partners : Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and choice Shake Shack locations. ( Shake Shack locations in ballparks, stadiums, airports and racetracks are excluded, according to the issuer. ) Credits will be applied within two to four weeks of your leverage posting to your bill. These monthly credits don ’ thyroxine axial rotation over from month to month ; if you don ’ metric ton use them, you ’ ll lose them. Terms apply .
  • Up to $ 120 a year in Uber Cash. Add your batting order to your Uber account, and each month you ‘ll automatically get $ 10 in Uber Cash for U.S. Uber Eats orders or Uber rides in the U.S. These monthly allotments of Uber Cash don ’ triiodothyronine roll over from calendar month to month ; if you don ’ deoxythymidine monophosphate use them, you ’ ll lose them. Terms apply .

For person who uses Uber and visits The Cheesecake Factory at least once a calendar month, maximizing these credits is easier than rolling off a log. But if you wouldn ’ deoxythymidine monophosphate normally spend money this way, the credits might not be angstrom valuable as they seem.

Points are transferable

For foodies and travelers, the American Express® Gold Card offers a rich scatter of ongoing rewards, including 4 points per dollar spend at restaurants, 4 points per dollar spent at U.S. supermarkets on up to $ 25,000 in purchases per year, and 3 points per dollar exhausted for flights booked directly with airlines or with American Express Travel. Terms apply. What very makes these points worthwhile, though, is the potential to transfer them to travel partners. You can transfer Membership Rewards points to several early commitment programs, including frequent circular programs from british Airways, Virgin Atlantic and Emirates. A caution, though : When transferring to U.S. airlines, you ‘ll besides have to pay a tip of $ 0.0006 per detail, with a maximum tip of $ 99. You ‘re better off avoiding those fees when possible. To be certain, the Membership Rewards program offers batch of other redemption options. But compared with transferring points, they generally aren ’ deoxythymidine monophosphate as lucrative. If you ’ ra craving tractability or don ’ deoxythymidine monophosphate travel frequently, you might be better off with another circuit board.

There’s a solid welcome offer

The american Express® Gold Card ’ s welcome offer international relations and security network ’ t precisely a show-stopper ; the real value of this card lies in its ongoing rewards and benefits. But for those looking to rack up Membership Rewards points, it gives the poster ’ s overall measure a solid boost. The stream offer is as follows : gain 60,000 Membership Rewards® Points after you spend $ 4,000 on eligible purchases with your new Card within the beginning 6 months of Card Membership. Terms Apply. Assuming you can get 1 cent out of each point, it ‘s not the largest bonus approximately, but it ‘s potentially adequate to cover your airfare on your following slip.

About those bonus rewards

previously, cardholders were reporting that the American Express® Gold Card hasn’t systematically credited them with the bonus rewards they ‘re due on restaurant purchases. The issue has arisen when restaurants have used third-party requital processors, such as Square and Toast. This was an issue for purchases made at restaurants, in particular, since so many rely on processors like these. The calling card ‘s competitors did n’t appear to have the like problem. however, in June 2019, AmEx confirmed to NerdWallet that it had updated its system so that these types of purchases when dining should automatically earn bonus rewards. The issuer recommends cardholders reach American Express customer service when they believe they should have received extra rewards.

Why another card might be better

The annual fee is steep

For folks who maximize the american Express® Gold Card ’ s annual credits and spend enough in the tease ‘s bonus categories, the wag is deserving every penny, even at $ 250. But for those who can ’ t, a circuit board with comparable rewards — but without the annual tip — is a bright choice. That ’ mho why you might want to consider the Capital One SavorOne Cash Rewards Credit Card. This card offers an excellent 3 % cash back on dine, entertainment, popular stream services and at grocery store stores ( excluding superstores like Walmart and Target ), plus 1 % on all other purchases. Because it offers cash back, rather than points, the rewards are more flexible and easier to redeem. Like the American Express® Gold Card, it doesn ’ triiodothyronine charge extraneous transaction fees. It besides comes with a solid welcome bonus, 8 % cash rear on purchases through Capital One Entertainment and 5 % cash back on hotels and rental cards booked through Capital One Travel ( terms apply ).

The benefits are complicated

For every rich benefit the american Express® Gold Card offers, a parade of small, annoying caveats seems to follow. You get a $ 120 annual dining recognition ! But it ’ s good in $ 10 monthly increments and can be used merely on blue-ribbon purchases. You can transfer points ! But with some airlines, you ‘ll have to pay a tip to do indeed. You get 4 points per dollar spent at U.S. supermarkets ! But there ’ s an annual spend detonator. Terms apply. If you don ’ t have time for that kind of tediousness, a flat-rate cash-back card could be a much better match for you. Consider the Citi® Double Cash Card – 18 month BT offer, for example. It offers an impressive 2 % cash back — 1 % back when you make purchases, and an extra 1 % back when you pay them off. It besides has an annual fee of $ 0. The downside : It charges foreign transaction fees on purchases made abroad. But if this international relations and security network ’ t a deal-breaker for you, it could be an excellent choice. To get a sense of how these cards compare with the competition, chew the fat NerdWallet ’ mho list of best accredit cards to get.

Should you get it?

The american Express® Gold Card international relations and security network ’ t the perfect dining circuit board for everyone, and it ’ s not trying to be. But for folks who can make the most of the annual credits and spend enough on dine, groceries and airfare, it can one of the most reward options available. To view rates and fees of the American Express® Gold Card, see this page .

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