American Express Gold Card Reviews [2024] (2024)

FAQs

Is the American Express Gold Card a good deal? ›

The Amex Gold card is an incredible option for earning travel rewards at restaurants and U.S. supermarket purchases. But the annual fee and lower rewards value for non-travel options likely make this a poor fit for occasional travelers or households just looking for cash back on everyday spending.

Your credit score

American Express will pull your credit when you apply. And since it features some pretty decent benefits, the American Express® Gold Card requirements for approval tend to be a little stricter. We recommend that you have a good to excellent credit score, which ranges from 690-850, before you apply.

The American Express® Gold Card does not have a traditional credit limit; utilization for this card is not calculated the same as cards with credit limits. Average age of members who matched this card or similar cards. Average annual income of members who matched this card or similar cards.

However, several negative changes took effect on Feb. 1, 2024, including an $80 annual fee increase (see rates and fees), the elimination of certain bonus spending categories and the end of the card's 25% points rebate when you pay for eligible flights with points.

Yes, the American Express® Gold Card is considered a luxury card since it's a metal card with premium rewards on dining, groceries, and travel.

Amex Gold Card drawbacks

Recouping the annual fee requires maximizing piecemeal monthly credits, which can be hard to do without spending extra. Not a traditional card, meaning you need to pay the balance in full each month, unless you take advantage of the Pay Over Time feature for eligible charges, or pay stiff fees.

It is hard to get the American Express® Gold Card because you will need good to excellent credit for approval. Unless your credit score is 700 or higher and you have a lot of income, it will be very hard for you to get approved for the Amex Gold card.

Although the American Express® Gold Card doesn't come with the ability to enter the lounge, it does provide a variety of other benefits. While most of these are food-focused, the card does offer some decent travel insurance, including trip delay insurance.

American Express doesn't disclose its minimum credit score requirements. However, premium cards like the American Express Gold card generally require good to excellent credit. According to Equifax, one of the three main credit reporting bureaus, that means you'll need a credit score of 670 or higher.

Alternatively, you can call the issuer's retention line, but it is not guaranteed that it will work. Beyond that, you're unlikely to get your credit card's annual fee waived unless you're an active-duty member of the military....

What is the easiest American Express card to get? ›

The easiest American Express cards to get are those that require a minimum of good credit for approval as opposed to excellent credit only. The Blue Cash Everyday® Card from American Express and the American Express Cash Magnet® Card are two of the easiest Amex cards to get because they only require good credit.

You must pay in full, by the Payment Due Date, all charges that are not added to a Pay Over Time, Cash Advance, or Plan balance. We will begin charging interest on cash advances on the transaction date.

Each participating Certified Dealer in the American Express Auto Purchasing Program will accept the American Express Card for at least $2,000 and up to the full purchase price.

Late Payment

Up to $40. If we do not receive the Amount Due (or Minimum Payment Due, if applicable) by the Payment Due Date, the fee is $29. If this happens again within the next 6 billing periods, the fee is $40. However, the late fee will not exceed the Amount Due (or Minimum Payment Due, if applicable).

Now, this card does have a $250 annual fee, BUT don't let that scare you just yet! The American Express® Gold Card offers up to a $120 annual dining credit in $10/month amounts.

As we've come to expect with a card refresh, one of the card's changes is a higher annual fee. As of Feb. 1, 2024, the Amex Business Gold's annual fee will be $375 — an $80 increase from its current $295 annual fee (see rates and fees).

You must pay at least the Minimum Payment Due by the Payment Due Date each month. The Minimum Payment Due includes all charges that were not added to a Pay Over Time and/or Cash Advance or Plan balance, plus a portion of your Pay Over Time and/or Cash Advance balance, any interest accrued, and any Plan Payment Due.

Yes, the Amex Gold card is a metal credit card. New Amex Gold card applicants don't need to specify that they want a metal card, either. This is the standard design for this card. The metal Amex Gold card doesn't work any differently than a plastic card, though it will be more durable.