November 26th, 2012

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Update: Some offers mentioned below are no longer available. View the current offers here: The Enhanced Business Gold Rewards Card from American Express OPEN

Last week Amex sent affiliates a note saying that the 50,000 point Limited Time Offer on the Business Gold Rewards card would be pulled on November 20th, however the 50,000 point offer still shows and the T&C state that the offer is good until November 26, 2012. Note: if it says the offer is expired, log out of your Amex account or use a new browser to pull up the application page.

The offer is likely to decrease drastically, so if you are looking to pick up a bunch of Amex points with a relatively low spend threshold ($5,000 spent within 3 months) and the $175 annual fee waived the first year, this card may make sense.

I’ve had this card since November and use it to maximize the Open Savings program, which automatically gives you discounts when you use your card at certain vendors: for example 3% at Hyatt, 5% at Courtyard by Marriott, 10% at Hertz, 5% at Office Max and 5% at Fedex.

Open Savings program- Save money in addition to earning points!

You also get 3 points per dollar spent on airfare and 2 points per dollar spent at: “advertising purchases in the U.S. to promote your business in the following media channels: online, TV and radio; 2 points for gasoline purchases at U.S. stand-alone gas stations; 2 points for shipping services purchased in the U.S. for courier, postal, and freight.” Each category is capped at $100,000 per calendar year in spend, beyond that is 1 point per dollar.

You don’t need to have a big corporation to get approved for this card- you can apply with your Social Security Number as a sole proprietorship and likely get approved if you have good credit and either have a small business or plan to start one. Check out this post for more info on applying for business cards.

Note: “Welcome bonus offer not available to applicants who have had this product or any other Business Gold, Green, or Platinum® Card account within the last 12 months.”

The Business Gold Rewards Card from American Express OPEN

Though the Business Gold Rewards card doesn’t have the benefits package of the more premium Business Platinum Card, it also doesn’t have that card’s $450 annual fee. In fact, the $175 annual fee on this one is waived the first year, so getting it is like a risk-free trial of its benefits plus it comes with appealing bonus spending categories like 3x on the category of choice and a range of 2x spending categories as well.

Apply Now
More Things to Know
  • Special Offer: Earn 50,000 Membership Rewards® points after you spend $5,000 in purchases on the Card within your first 3 months of Card Membership
  • Get 3x points - Choose 1 out of 5 categories
  • Plus, 2X points on the 4 remaining categories and 1X points on other purchases
  • 3X and 2X apply to the first $100,000 in purchases in each of the 5 categories per year, 1X point per dollar thereafter
  • Track, organize, and stay on top of your business expenses with powerful expense-tracking tools
  • No foreign transaction fees
  • $0 introductory annual fee for the first year, then $175
  • Terms and limitations apply
  • See Rates & Fees
Intro APR on Purchases
N/A
Regular APR
N/A
Annual Fee
$0 introductory annual fee for the first year, then $175
Balance Transfer Fee
See Terms
Recommended Credit
Excellent Credit
Terms and restrictions apply. See rates & fees.

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