In this video I’m doing an Amex Gold Card review after using this American Express credit card for 3 years now. The Amex Gold Card has been one of my favorite credit cards for a long time because it’s got a lot of valuable features and benefits. To me, the Amex Gold is worth it for the $250 annual fee, but it will not be worth it to everyone unless the things I talk about in this video relate to you as well.
First of all, the American Express Gold Card has a great sign up bonus that can range from 60,000 to 90,000 Amex Membership Rewards Points. It also has some of the best spending multipliers out of any credit card on the market because it earns 4 Amex points per dollar on restaurants and groceries, as well as 3 Amex points per dollar on flights. With all of these ways to earn points, there is a lot of value that you can get out of the Amex Gold Card!
This Amex credit card also has $240 worth of annual credits with Uber and select dining partners. These credits can help to almost completely offset the $250 annual fee for some people, but you have to make sure that they are actually valuable to you before you get the Amex Gold. For me, I have been able to use almost all of my Uber credits and roughly half of the dining credits over the past 3 years of using this American Express card.
The Amex Gold Card also has the ability to transfer your credit card points out to many great transfer partner programs for hotel stays and flights. This is the best and most valuable way to use your Amex Membership Rewards Points because other redemptions could devalue your points. I would avoid redeeming your points for cash back with the Amex Gold card, and this video explains why.
Overall, I would say that the Amex Gold Card has been worth it for me after 3 years of using it. I renewed this credit card again for a fourth year by paying the $250 annual fee, so now I have paid $1,000 in total to have this card in my wallet. I know that it’s been worth it for me after running the numbers for myself, so hopefully this video about my honest experience with it can help you to decide if the Amex Gold is worth it for you!
AMEX GOLD CALCULATOR:
💳 Learn More About The Amex Gold Card: https://danielbraun.me/Amex-Gold
CHAPTERS:
0:00 - Intro
1:12 - Reason 1
6:07 - Reason 2
10:37 - Reason 3