American Express Business Gold Card Overview
American Express® Commercial Gold Card is an excellent choice for business owners who want to maximize their revenue with one card. The card has high bonus categories that automatically reflect the highest spending area for each billing cycle and earn transferable membership reward points. Card rating*: ⭐⭐⭐1/2
*Card ratings are based on the opinions of TPG editors and are not affected by the card issuer.
American Express Business Gold Cards offer valuable benefits and business-friendly bonus categories. However, it also has an annual fee of $375 (see rates and fees).
We recommend applicants have a credit score of at least 670 to increase their chances of recognition. If you are a small business owner looking for a business card, it’s the Amex Business Gold Stack to help you determine if it’s the right way.
Amex Business Gold Card Pros and Cons
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Amex Business Gold Card Welcome Discount
New applicants at Amex Business Gold spent $15,000 in the first three months of card membership to earn 100,000 points on qualified purchases.
TPG’s valuation PEG membership reward points for May 2025 are 2 cents, making this bonus worth $2,000.
This offer is better than the conventions offered by the card and is closer to the best offer we have seen.
It is worth noting that if you have ever received a welcome offer for this card, you may no longer be eligible for a welcome offer again. However, you can downgrade to this card from another AMEX business card, such as American Express’s BusinessPlatinumCard®.
Related: The best time to apply for these Amex cards based on quote history
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Amex Commercial Gold Discount
With Amex Business Gold, you won’t get luxury items like Airport Lounge Access, but the card has some valuable privileges.
Declare credits
The most important Amex Business Gold Beneast is the annual statement credit it offers up to $395, which includes:
- Flexible business statement credits up to $240 per calendar year ($20 per month)* on qualified purchases on FedEx, Grubhub and Office Supply stores*
- Walmart + Stated credit for up to $155 per month (up to $12.95 per month, plus an applicable tax on a membership fee; but automatically renewed, as well as a non-qualified UPS)*
*Registration is required; Terms and conditions apply.
If you can maximize these credits, you will be able to make up for the annual fee of your card with this benefit alone.
Business interests
Amex Business Gold also offers several great tools to help you manage your business expenses. You can get 99 employee cards (the first five $95 year fee and then pay a $95 annual fee on the first five cards; see rates and fees) and earn points on their purchases.
You can also easily designate employees as Account Managers, allowing others other than the primary account holder to review transactions, add new employees, and pay.
It can also provide you with year-end summary, automatic incremental classification in Intuit QuickBooks, free providers from Bill.com paid for first user membership and second user discount membership for six months (see rates and fees) (see rates and fees), no preset expenditure limit (you can pay for payments and payment levels and payment levels based on your purchases and payment methods, and pay for them. (Choose benefits require registration; terms and conditions apply).
You have not yet purchased any purchases abroad (see rates and fees) to enjoy foreign transaction fees.
Protect
Cardholders enjoy several valuable travel and shopping protections with Amex Business Gold:
- Mobile phone protection: Can repay card members’ fees to repair or replace a cell phone with a maximum of $800 per book or damaged cell phone, up to two approved claims per year ($50 deduction per claim)**
- Extended Warranty: Five years or less eligibility guarantee can be extended by one year*
- Purchase protection: Eligible purchases will be up to 90 days from the covered purchase date (if stolen or damaged) (limited to up to $50,000 per account)*)*
- Travel protection: Card members are granted a variety of travel protections, including luggage insurance, *travel delay insurance** and rental car insurance***
*Qualifications and income levels vary from card to card. Terms, conditions and limitations apply. For more information, visit AmericaneXpress.com/benefitsguide. The policy is underwritten by AMEX Assurance Company.
**Qualifications and income levels vary from card to card. Terms, conditions and limitations apply. For more information, visit AmericaneXpress.com/benefitsguide. The policy is insured by AIG New Hampshire Insurance Company.
***Qualification and income levels vary from card to card. Not all vehicle types or rents are covered and geographical restrictions apply. Terms, conditions and limitations apply. For more information, visit AmericaneXpress.com/benefitsguide. The policy is underwritten by AMEX Assurance Company. Coverage is provided through American Express Travel-related service companies.
Right to use
Cardholders also have access to hotel collections, which include two nights or more accommodation and valuable Amex offers, including $100 in-commerce credit.
Again, you can find more travel and business benefits on other cards, but the statement credit, business benefits and protection that comes with Amex Business Gold makes it a perfect fit for many businesses.
And, if you like aesthetics, you can choose the rose gold color of the metal card instead of the standard gold.
Related: Is Amex Business Gold worth the annual fee?
Win points on Amex Business Gold
One of the unique features of Amex Business Gold is that your bonus category can change each billing cycle to match your spending pattern. You will automatically earn 4 points per dollar spent in each billing cycle, meaning you don’t have to choose a category and commit to it.
If your spending habits fluctuate month by month, AMEX will help you get the most bonus points. Qualified categories are:
- Monthly wireless telephone service fees are directly made by wireless telephone service providers in the United States
- Purchase ads in certain media (online, television, radio) in US media providers
- Transport purchases including trains, taxis, rides, ferries, tolls, parking, buses and subways
- Purchases from electronic merchandise retailers and software and cloud system providers in the United States
- Buy at a gas station in the United States
- Buy in restaurants in the United States, including takeout and delivery
Based on TPG’s May 2025 membership bonus points valuation, your 4-point tax rate equals 8% of the gains, and each bonus category (and then 1-point per dollar) charges $150,000 per calendar year.
Apart from these bonus categories, you will earn 3 points per dollar on flights, prepaid hotels as well as prepaid flights and hotel packages booked through Amex Travel or Amextravel.com, and 1 point per dollar spent on all other purchases.
If you spend up to $150,000 per year, you will receive 600,000 membership reward points, and TPG’s May 2025 valuation is $12,000. This huge revenue potential alone may be enough to encourage businesses to choose this card.
Related: Maximize your revenue with Amex Business Gold
Redemption Points on Amex Commercial Gold
The Amex Business Gold card earns membership reward points that you can transfer to any of Amex’s airline and hotel partners.
You can also book a trip through Amex Travel, cash out their points credit or gift card to redeem points, or use them to pay directly at Amazon or membership rewards online shopping malls. However, these options have values of 0.5-1 cents per point, so we recommend sticking with transferring your points to get the maximum from them.
Related: How to Redeem American Express Membership Rewards for Maximum Value
Transfer points on Amex Business Gold
Similarly, the most valuable redemption option you earn on Amex Business Gold is to transfer it to Amex’s hotel and airline partners, including Air France-klm Flying Blue, Iberia Plus and Marriott Bonvoy.
TPG Senior Points and Myers writer Ben Smithson loves transferring his Amex points to Air Canada’s Aeroplan program, which offers a wide variety of airline redemption partners with wise fixed reward rates. He also likes to transfer to British Airways Club to book short-haul flights from the UK to other European destinations on British Airways at a speed of 5,000 points per way.
AMEX offers transfer bonuses regularly, allowing you to get more value from your points. Regardless of your travel preferences and goals, you’ll surely find something for you on Amex’s extensive list of partners.
Related: The best way to use membership reward points
Which cards compete with Amex Business Gold?
If you want more stating points or have difficulty proving the annual fee of AMEX Business Gold, you may get more value from one of the cards:
- If you want more statement points: Business Platinum Cards from American Express have unparalleled lounge access and a large number of Dell statement points every year, and in fact, Adobe and U.S. wireless phone services are purchased for $695 (see Prices and Fees). Registration is required; Terms and conditions apply. For more details, check out our full review of Amex Business Platinum.
- If you want to get the ultimate reward for chasing: Ink BusinessPreferred® Credit Card (see Rates and Fees) Spend 3 Chase Ultimate Reward Points on Transport, Internet, Cable and Telephone Services, with ads for social media sites and search engines and travel purchases (in each account anniversary year, a total of $150,000 total of $150,000 total, 1 point per Euro). Its annual fees are also much lower. For more details, check out our full review of our preferred choice for the ink business.
- If you want to earn membership rewards, there is no annual fee: American Express’ BlueBusiness® and credit cards receive 2 Membership Rewards Points per dollar on all eligible commercial purchases (spending up to $50,000 per calendar year, then 1 point per dollar), with no annual fee (see rates and fees). For more details, check out our full review of Blue Business Plus.
For additional options, see our list of the best business credit cards and the best AMEX credit cards.
Related: Amex Business Gold vs. Amex Business Platinum
Bottom line
If you can maximize the bonus reward category and the stated credit it provides, Amex Business Gold is a great choice for your small business. The bonus category that adapts to your spending and other business benefits makes this card a compelling card for many business owners.
However, if you are looking for more business benefits or need to keep your annual fees low, you may find that in fact, this card won’t win gold for your wallet.
Apply here: American Express BusinessMericanExpress® Commercial Gold CaramericanExpress® Commercial Gold
For Amex Business Gold rates and fees, click here.
For rates and fees for Amex business platinum, click here.
For rates and fees for Amex Blue Business Plus, click here.
