The American Express® Gold Card just underwent some major changes, including a new limited-edition white gold color option, a higher annual fee, new statement credits and an increased welcome offer.
This card is already one of TPG’s favorite cards due to its high earning potential of 4 lucrative Amex points per dollar spent on groceries, dining and takeout*. These points can be transferred to airline and hotel partners to maximize your award travel.
The bad news is that the annual fee for the Amex Gold is increasing from $250 to $325 (see rates and fees), but the good news is that the monthly statement credits are improving and could potentially more than offset that fee increase.
For example, in addition to the current up to $120 in Uber Cash and up to $120 in dining credits awarded annually, you can now earn up to $100 per year in Resy dining credits ($50 biannually, which can be triggered by eligible purchases at Resy restaurants in the U.S.) and up to $84 per year in Dunkin credits ($7 per month). Enrollment is required for select benefits.
The two new credits alone more than cover the $75 annual fee increase.
If these foodie perks and high earning rates have enticed you to apply for the Amex Gold, you’ll be pleased to learn you can earn an increased welcome offer. New applicants can earn 60,000 American Express Membership Rewards points after spending $6,000 on eligible purchases within the first six months of card membership, plus 20% back as a statement credit for eligible restaurant purchases (up to $100).
Based on TPG’s July 2024 valuations, this welcome offer is worth up to $1,300.
Whether you are a current cardholder catching up on all the changes or you’re considering applying for this card (snag the new white gold option while you can!), here’s more information to help you get the most out of the Amex Gold:
* 4 points per dollar earned on up to $25,000 per calendar year in U.S. supermarket purchases (then 1 point per dollar) and up to $50,000 per calendar year in purchases on dining at restaurants (then 1 point per dollar)
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The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Please view our advertising policy and product review methodology for more information.
Editorial Note: 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.
