#7 Pick – The American Express Business Gold
#7 Pick – The American Express Business Gold
Instagram: EyesOnThePoints
American Express Business Gold
The American Express Business Gold has Some Incredible Perks; however, I recommend crunching the numbers to see if this card makes sense for your business. Lets Break It Down.
Primary Card Holder Annual Fee: $295.00 (Employee Cards Cost – $50.00 For First Employee and Free For Additional Employee Cards Up to 99)
SIGN UP BONUS ELIGIBILITY – 75,000 American Express Points (This Bonus is Void if the Applicant and/ or Your Company Have Had this Card Before)
Spending Categories – 4X American Express Points On Two of The Following Categories up to $150,000.00 Per Calendar Year (Two Categories Will Automatically Be Chosen Each Statement Period Based on The Two Categories You Spend Most In).
- Airfare Paid Directly With Airlines
- U.S. Purchases for Advertising in Select Media
- U.S. Purchases at Gas Stations
- U.S. Purchases for Shipping
- U.S. Restaurants
- U.S. computer hardware, software, and cloud computing purchases made directly from select providers (Some Might Include the Following: – Apple, CDW, Dell, HP, IBM, Intuit, Lenovo, Microsoft, Newegg, Oracle, Rack Space. Sage Software, Salesforce.com, Symantec, Tiger Direct)
Earning 4x Points in the Categories Above is an incredible return; however, to offset/ profit from the hefty annual fee you will need to do some significant spending. Lets take the 4x American Express Spending Category Gas For example. Lets Say you have a Service Business and Spend $3000.00 in Gas Per Month (Excludes Wholesale Gas – Costco Gas – Sams Club Gas – Etc). $3000 x 12 Months x4 American Express Points Per $1.00 would give you a grand total of 144,000 American Express Points. If one plays there cards right; one would be able turn this into 2.5 or More One Way Business Class Lie Flat Seat Tickets to Europe. These Business Class Seats Can Range from $2000.00 – $5,000 on average. That is called OUT SIZED VALUE!! Additionally, That Annual Fee Doesn’t Look so hefty anymore.
Additional Benefits
- Free ShopRunner Membership – Free 2 Days Shipping at Over 100+ Online Retailers
- The Hotel Collection – Various Benefits – Visit https://travel.americanexpress.com/travel/hc
- ZipRecruiter – Free 1 Year Membership For New American Express Business Gold Cardholders
- G Suite – Free 1 Year Up To 3 Users For New American Express Business Gold Cardholders
- Trip Delay Coverage – If flights delayed by over 12 hours, you will be entitled to up to $500 per trip for necessary expenses, like hotels, meals, and other essentials.
- Purchase protection, offering protection on eligible purchases that are accidentally damaged, stolen, or lost; valid for up to 90 days, and $10,000 per occurrence, and $50,000 per calendar year.
- Return protection – American Express may refund a purchase in full when you try to return an item within 90 days and the merchant won’t take it back; valid for up to $300 per item, up to a maximum of $1,000 per calendar year.
- Extended warranty, where you can get up to one extra year added to the original manufacturer’s warranty, for warranties of five years or less.
See Full/ Updated Terms at www.americanexpress.com