If you're looking for that perfect in-between sweet spot for your wallet, we're going to compare the mid-tier Amex Gold to the more upscale Platinum Card® from American Express. Welcome bonus offer. Interest-free period: 56 days on purchases if the balance is paid in full each month (30. Meanwhile, the Amex Gold Card offers 60,000 Membership Rewards points after you spend $6,000 on eligible purchases within the first six months of card membership. Credit Cards. Annual Fee: Rs. Terms apply. In the publicly available rewards card space, The Platinum Card® from American Express is considered the cream of the crop. THE POINTS GUY. The Amex Blue Cash Preferred card earns bonus cash-back on transit, including tolls, buses, trains, parking, and more. Amex Gold benefits. supermarkets. The Gold Card’s rewards on U. Cashback is a credit card benefit that allows you to earn money back on things you buy with the relevant card. No minimum spend. The card has the ability to earn up to 5x Capital One miles: 5x miles on hotels and rental cars booked through Capital One Travel. The Capital One Venture X Rewards card debuted in late 2021 with excellent travel perks and an annual fee of $395 — the lowest of any card on this list. With the Amex Platinum card, coverage is provided for up to $3,000 per person for carry-on bags and up to $2,000 for checked bags. Platinum Card;The Amex Gold Card comes out slightly ahead in this department since the purchase protection perk covers your purchase up to 90 days from the day of purchase, up to $10,000 per claim and $50,000 per year. supermarkets on up to $25,000 per calendar year in purchases, then 1x. Gift cards. You can repeat this offer 3 times, for a total of $15 back. There’s a limit of 2 claims per eligible card account in each 12-month period. It’s typically a percentage of a transaction that’s credited back to you as a loyalty reward. For example, 20K MR points is worth £160 in Nectar vouchers and sometimes they offer bonuses with the highest being 40K MR points in total. People who can maximize the $240 in annual statement credits. Here are other common rates and fees. In contrast, the BofA is also limited to $2500 per quarter in bonus category spend. Amex Gold vs. Johnson - Finance Expert. 80,000-point. ago. The Amex Gold Card’s 60K-point initial bonus offer is available to new cardholders who spend at least $6,000 within 6 months of opening an account. I currently have a chase card and am enjoying the 1% cash back - I think mine runs out in June as I joined late. Best Bank Of America Credit Cards. First-year rewards value: $512. The Gold Card has a $250 annual fee 1 and offers a number of accelerated points-earning opportunities, especially for food lovers:. This is an easy win for the Gold card. Upgrade to the Platinum Card®. But the companion pass /uber credit, and the lounge access with the Amex. American Express Cash Back Credit Cards allow you to earn a percentage of the dollar amount of every eligible purchase, made during each billing cycle. Credit Recommended. Amex Platinum has an annual fee of £650 per year. Image Credit: Walmart. Other Benefits and Drawbacks: The Hilton Aspire Card is the only hotel credit card we’re aware of that offers automatic top-tier status. Make a transaction in month 15 to earn another 25,000 points. Earn 60,000 points after spending $4,000 on purchases in the first 3 months. $250. As mentioned in the section above, you may receive up to $800 per claim, and each claim is subject to a $50 deductible. Marriott Bonvoy Brilliant ® American Express ® Card. 24% to 28. 0. Earn 80,000 Membership Rewards points after spending $8,000 within the first six months of card. This earned cash back will be received in the form of Reward Dollars that can be redeemed as a statement credit or at checkout at Amazon. spooky1054025 • 3 yr. Gas Stations The rates and fees of the American Express Business Gold Card include: Annual fee: $295. The current public offer is: Earn 60,000 points when you spend $6,000 on purchases in the first 6 months. Capital One Savor Cash Rewards Credit Card. The amex membership rewards is worth the most imo as you tend to get more rewards for spending and can use them on various flights and hotels. 4x Membership Rewards points at U. The American Express Platinum’s current welcome bonus is: 80,000 Membership Rewards Points after spending $8,000 on purchases on the card in the first 6 months of card membership. 40 spent using the card. If you can hit the minimum 3k spend in the first 3 months to obtain the 10k sign up bonus and you're interested in travel rewards, it's definitely worth it, otherwise the Amex cashback cards are probably a better option. Options include: Amazon: 0. Points & Rewards. ago. Variable APR: 19. The offer expires on January 1, 2024, and like all Amex Offers, it’s usually. Make Purchases Online. Platinum Card;After signing up and paying for membership using your eligible Platinum card, the AmEx Clear credit will post in your account in a later billing cycle (about 6-8 weeks later). Annual Fee: Rs. You will earn: 3 additional points (for a total of 4 points) for each dollar charged at restaurants worldwide; 3 additional points (for a total of 4 points) on the first $25,000. American Express ® Gold Card: Earn 60,000 points when you spend $6,000 on purchases in the first 6 months. gas stations, up to $6,000 per year, then 1%, 3% cash. If its your first credit card though, not sure if you'd get approved. The first is an Uber Cash benefit and the other is a Dining Credit that can be used. Explore your American Express Card Benefits and enjoy shopping rewards, travel benefits and insurance protection just for being a. Both cards offer travel and purchase protections, rental car coverage, and exclusive access to American Express Experiences. The card's $695 annual fee, which increased from $550 in 2021, is among the highest in the industry. 3% back on transit (parking, tolls, ride-hailing, subway, etc. 2 miles per dollar spent on every purchase. Best Cash Back Credit Cards of November 2023. 8% APR variable. I had the Amex Gold card since 2019 and back when the $100 travel credit was offered to help offset the annual fee. Credit Recommended. Gift Cards – Use your rewards to purchase gift cards and receive $5 free added. Ongoing cashback rate: Nectar American Express credit card : Free in year one, then £25 a year: 20,000 Nectar points: Spend £2,000 in the first three months: £100 in Nectar points: 2 Nectar points per £1 (=1%) American Express Platinum Cashback card : £25 a year: 5% cashback: On the first £2,500 spent in the first three months: Up to £125 Sapphire Preferred vs. This bonus is worth roughly $402, according to WalletHub’s calculations. First-year value: $1,262. Cash back rewards. 4,500 plus applicable taxes. streaming subscriptions, transit, and U. Think about which rewards match best with your spending habits and can save you the most money. Get rewarded for being you with one point for every pound you spend. There is no difference between the Amex Gold card and the Amex Rose Gold except for the color you choose. 42%). Earn 40,000 bonus miles after you spend $2,000 in purchases on your new Card in your first 6. 50 spent with the card. With the card, you’ll earn: 3% Cash Back at U. You won't get an intro bonus if you've had a personal (not business) Amex in the last two years. 49% to 27. $695 annual fee. Read our comparison chart below. Limited time offer ends 9. Amex EveryDay vs. 70,000 Membership Rewards® points after spending $10,000 on eligible purchases within the. Welcome bonus: 80,000 Membership Rewards Points after spending $8,000 on purchases on the card in the first 6 months of card membership. This is made even more clear with each card’s benefits. Building on the Gold Card’s existing rewards and benefits, eligible Cardmembers can now get £5 back, twice every month* , when simply ordering their favourite dishes. With this card, you can earn 4x Membership Rewards points at restaurants and you’ll also earn 4x Membership Rewards points at U. Cash back rewards. 25% cashback after £10 000 overtakes the 1 point per £1 spend after around £20 000, and if you spend £40 000 or so in the year, the cashback card is better (especially as points usage comes out between 0. supermarkets. After the first year, you can get the ARCC which also gives you points, if you want to keep collecting those, or empty your points into Nectar and close it - the fee is refunded pro-rata. Cash – You can elect to have your cash-back deposited into your bank account or applied as a statement credit. $ 250. This card charges a much lower $250 annual fee, yet it offers an annual up to $120 in Uber credits. It's really a benefits card. The American Express® Gold Card has a $250 annual fee. supermarkets on up to $25,000 in Card purchases a year. MARTIN DIMITROV/GETTY IMAGES. Most business owners know that the key to success is having a good, solid plan. Delta SkyMiles ® Gold American Express Card. 4%. Best American Express Credit Cards. Amex Platinum interest rate. Our Favorite Benefits of the Amex Platinum Card. Total two-year value: $1,486. Although this rule covers all Amex cards, you can earn a welcome offer on personal and business cards of the same type. Best two-year value: The Platinum Card® from American Express. It earns 1x on all other. $695. You’ll see that in terms of everyday spend, the Amex Blue Cash Preferred card is far more rewarding than the Amex Platinum card, earning you between 3% to 6% cash-back on purchases such as gas and groceries. Referral offer and incognito on Plat is still showing up at 150k sometimes. Introductory Bonus Offer. $0 intro annual fee for the first year, then $95. The free MR card is also a decent option if you want to go this route. Earn 80,000 Membership Rewards® Points after you spend $8,000 on purchases on your new Card in your first 6 months of Card Membership. As you can see, the Freedom Unlimited card earns at least 1. Meanwhile, the welcome offer for the Amex Business Gold is worth $1,400 — albeit with a higher spending requirement. $0 intro annual fee for the first year, then $95. Get to know your Preferred Rewards Gold Card® Benefits . S. For example, you could receive a cashback yield of 0. As an Amex Cardmember, you get two complimentary Supplementary Cards. All in all, the benefits with Gold are good. Ink Business Preferred Credit Card: 3 points per dollar: Ultimate Rewards points: Capital One Venture Rewards Credit Card: 2 miles per dollar: Capital One miles: Capital One Venture X Rewards. Essentially, if the platinum gives me £50 cashback, but the Amex Gold points gives me £60 worth of amazon/boots vouchers or whatever, I'd rather have the latter. supermarket purchases per year for a total of $360. 5 cents to 1 cent per point. -based travelers can transfer points from HSBC rewards and Citi ThankYou Points to Qatar Airways Privilege Club for a 25% bonus. I've simply removed the bonus 2. If you opt for the higher fee, make sure you get the most out of the rewards, or it may not be worth it. Reward Points / Cashback : American Express Platinum Credit Card : 1 Membership Rewards Point on every Rs. S. The American Express Gold Card’s annual fee is $250, and it’s not waived in the first year. Blue Cash Everyday; Amex Gold vs. Which is better: Amex Gold or Platinum? Amex Gold is cheaper at $250 annual fee per year. The annual fee on the Amex Gold card, however, is much higher. Amex Everyday® Credit Card. Generally, Citi focuses on. S. 88: $400 Statement Credit: Scotiabank Gold Amex:. It’s usually best to pay a rewards card’s bill in full every month, unless there. Delta SkyMiles® Reserve American Express Card - best for sky club access. » MORE: Full review of the American Express. Apply online today!Neither card currently has a 0% APR offer, and neither has foreign transaction fees. American Express also. American Express Gold vs. The card will set you back $250. In exchange for a $95 annual fee, the Chase Sapphire Preferred offers many travel perks, including a $50 annual hotel credit for bookings through Chase Travel and a 10% points bonus on your cardmember anniversary. gas stations, and transit purchases, this card rewards you for the items you spend the most on in a big way!For. This card is great for those who want to earn cash-back with U. Here’s how you’ll earn rewards on the Capital One Venture card and the Amex Gold card: Capital One Venture Card. streaming subscriptions. An. Based on TPG's valuation of 2 cents each for Membership Rewards points, the welcome offer for the Amex Gold is worth $1,200. Once you've made this change, your earning rate will shift from a set cash-back percentage to a set number of Amex points per dollar spent. 1,000 plus applicable taxes Second Year onwards: Rs. Offer ends 9 January 2024. Step 3: Next, sign in to your Walmart account,. 1% cashback on local purchases and 2% cashback on overseas purchases. In general, Amex is more prestigious than Citi. For the rates and fees of the. That’s a nice return on your spending, and far better than, for example, receiving $50 off your stay. 4% for groceries. Before diving into each card’s attributes, let’s start with a high-level overview comparison of the Chase Sapphire Preferred card and the Amex Gold card. S. But the initiation and annual fees for the Centurion Card† make Amex Platinum's $695 annual fee (see rates and fees) look like child's play. S. There isn’t another card on the market that offers a 1-2 punch like this. 19. The American Express Fine Hotels + Resorts program provides elite-like benefits at more than 1,100 properties worldwide when you book through the program. S. In other words, a merchant offering 2% cash back will now offer 2 Membership Rewards points per dollar spent — so a $100 purchase would earn 200 Amex points rather than $2 cash back. Travel and dining credits, including a $120 Uber Cash credit and mainstays like the $120 Dining Credit and $100 Hotel Credit. £2,000 – £0 Cashback Everyday vs £16 BA Amex. 18+, subject to status. For example, you can use the Amex Platinum to earn 5 points per dollar spent on flights (on up to $500,000 in purchases each calendar year) and the Amex Gold to earn 4 points per dollar spent on dining at worldwide restaurants and groceries at U. Amex Gold isn't a travel card, it just earns rewards that have the most value when used for travel. Hilton Honors American Express Surpass® Card - best for hilton loyalists. Best Rewards Credit Cards of 2023. $295 ($375 if application is received on or after 2/1/24) New cardmember offer. But that fee unlocks. Our quick take : The Platinum Card® from American. The Amex trifecta is a strategy in which you use a combination of three Amex cards to maximize the amount of American Express Membership Rewards points you earn on your purchases. Because of this, card holders can get up to $814 in value in the first year if maximizing the annual 6% cash back cap on groceries, using the The Disney Bundle and Equinox+ credits offered and. This bonus is worth roughly $564, based on TPG's most recent valuations. The card's $695 annual fee, which increased from $550 in 2021, is among the highest in the industry. Introductory offer: 5% cashback on purchases (up to £100) for the first 3 months. 5% cash-back on every purchase, while the Amex Gold card earns at least 1 Membership Rewards point on every purchase. Earn 5X Membership Rewards® Points for flights booked directly with airlines. We value Membership Rewards points at about 2. Both cards offer travel and purchase protections, rental car coverage, and exclusive access to American Express Experiences. The Amex Platinum consistently has one of the most valuable welcome offers out there. supermarkets, U. Delta SkyMiles® Platinum. 2 The annual fee for. Platinum Cashback Everyday – Up to £100 bonus cashback. Both cards have annual statement credits that can help offset their annual fees. Blue Cash Preferred® Card from American Express. Complimentary DoorDash DashPass and $5 monthly credit. streaming subscriptions, transit, and U. 15 grams. 99% after that; annual fee $29). The Business Platinum Card® from American Express. After annual spending of $24,000, the Amex Green Card gives you $480 towards Aeroplan or British Airways flights, compared to the $960 you would have earned with the Amex Cobalt. 5 miles per dollar spent on hotels and rental cars booked through Capital One Travel. Pros of premium credit cards: These cards have. Maybank has announced a revision to the card benefits of its Maybank Islamic Ikhwan American Express (Amex) Platinum credit card-i, soon allowing cardholders to earn 8% cashback of up to RM100 per month on online spend. THE POINTS GUY. Cash Back Rewards. As anyone familiar with premium travel credit cards. *Up to a maximum of Php2,500 worth of bonus cashback. My question is really whether the amex gold points or avios points earned are more "valuable" than £50-£100 cashback I'm likely to earn in a 12 month period, say. There are 3 new limited-time Amex Offer is available on targeted accounts: $120 statement credit after spending a minimum of $800 in one or more purchases online at Dell. The current offers are: Delta SkyMiles® Gold American Express Card: Earn 40,000 bonus miles after spending $2,000 in purchases in the first 6 months of card membership. An affinity credit card is a card issued in partnership with an organization or university that has a built in constituency, such as a group with a cause or an alumni group. 1x points = 1% cashback when maximizing rewards). Enjoy dining and on-site hotel experience credits. legal (external) No fee. The Amex gold for example offers 20k bonus miles sign up when spending 2k in three months. New Amex Platinum card members can earn 80,000 bonus points after spending $8,000 on purchases on the card in the first six months after. Platinum Cashback – Up to £125 bonus cashback. Cardholders can also earn an initial bonus of. $695: Capital One Venture Rewards Credit Card: Earn 75,000 miles when you spend $4,000 on. 50 spent with the card. If you can’t make use of the Amex Gold credits, the card is probably not for you. You will receive a statement credit or bonus Membership Rewards points within 90 days. You'll earn at least 1 point per dollar spent with your card. This year, however, I have a bunch of travel plans (later in the year though, pretty much every month from July to December, fingers crossed now though) and I was looking at Amex Platinum. Before you go and sign up for Equinox, be sure to enroll in the $300 Equinox credit in your American Express account: Image Credit:. Card Highlights. But there’s a fork in the road in terms of statement credits. For months seven through 12, you'll earn 10,704 Membership Rewards points if you use the Amex Gold (at 4x return). Show Pros, Cons, and More. $250: The Platinum Card ® from American Express: Earn 80,000 points after spending $8,000 on purchases in the first 6 months. The same holds true for getting the most out of the Amex Plum card. Offer captured on July 22, 2022, and may not be available to all applicants. This comparison will hopefully help you determine which card is best for you. We just booked $5700 flights for 87K MRs and $219. First Year Fee: Rs. Many of these cards are also. You'll now see a large number of tiles outlining each of your card benefits in full. The American Express® Gold Card is a great card for dining out, ordering takeout and traveling, but it comes with a relatively high $250 annual fee ( see rates and fees ). Overall, Forbes Advisor estimates that the SimplyCash Preferred Card earns $655. £2,000 – £0 Cashback. ago. 99% - 29. Hot Tip: Check out our complete guide on the best credit cards to use for Airbnb and VRBO stays. The earning rate of 4 Membership Rewards. This means you could redeem, for example, 30,000 rewards points for anywhere between $150 to $300 depending on the brand. Amex Gold for dining/groceries and CFU for non-category purchases. In addition, there’s a annual credit of $300 for all bookings made through Capital One Travel. Before diving into each card’s attributes, let’s start with a high-level overview comparison of the Chase Sapphire Preferred card and the Amex Gold card. Foreign. You’ll have 220k MR plus spending that you can cash out to Schwab to the tune of $2,750+. From now until the end of the month, U. Platinum; Citi Double Cash vs. Related: Card showdown: Amex Business Gold vs. Earn up to $100 in statement credits New SimplyCash ® Card from American Express Cardmembers, you can earn a $10 statement credit for each monthly billing period in which you spend $300 in purchases on your Card in your first 10 months. Both cards offer travel and purchase protections, rental car coverage, and exclusive access to American Express Experiences. Both cards carry high annual fees — $695 in the case of the Amex Platinum Card, and $495 for the primary cardmember on the Citi Prestige® Card. It's really a benefits card. Overall, the Gold will be earning an extra 2. The CSP costs $35 more if you use all of the credits for both. However, with only a 1x earning rate, you'll earn a measly 2,676 points. Popular Amex transfer partners include British Airways Executive Club, Emirates Skywards, Hilton Honors and Marriott Bonvoy. Gold Card Members can add up to five Additional Cards without an annual fee. You just can't change miles into cash back. Now the only real benefits are the $120 Uber and $120 Dining Credit (which I value at $0 now since I do not eat at those places). Amex reserves access to its Amex FHR program for. You can earn 60,000 points after spending $4,000 within the first three months of opening your Chase Sapphire Preferred card, while the American Express Gold Card is offering 60,000 bonus points. Darren Murph. The Platinum would make more sense if you pair it with like the Gold, but the Platinum alone isn't that valuable (points earning wise) outside of booking direct flights. First-year rewards value: $512. 18+, subject to status. Plus, use your Card 30 or more times on purchases in a billing period and earn 50% extra points on those purchases less returns and credits. You’ll find a variety of welcome offer bonuses for the Amex Gold card, depending on how and when you apply. Say you use your American Express Gold Card and spend $200 dining out and another $500 on groceries. American Express, a leading financial institution, offers a wide range of services including credit, debit, and charge cards, complemented by various travel-related services. New Cardmembers get 5% cashback 1 up to £125 cashback for your first three months of Cardmembership. Welcome Gift1 of 4,000 Bonus Membership Rewards® Points. streaming subscriptions. Amex Platinum Cashback Everyday Get 5% cashback for the first three months, then ongoing cashback of up to 1% – though you must spend £3,000+ per year to get any cashback. Membership provides significant benefits, including unique rewards, advantageous pricing options, excellent customer service, and numerous travel-related amenities. Amazon – When checking out on Amazon. Delta Gold Amex vs. Earn 180,000 points after spending $6,000 in eligible purchases within the first 6 months. The level of cash back you can earn depends on the individual card. As other have said the Amex gold would fit nicely with that spend, but just be aware that cash back is a horrible option for Amex MR (. Hilton Honors American Express Aspire Card. Then get the gold a little later (60k). The reason why is because you can earn 2x Amex Membership Rewards points per $1 spent on everyday business purchases, up to $50,000 per calendar year. 3X Points on all expenditures abroad. *Average value based on Fine Hotels. S. Winner: The Platinum Card. Amex Gold Card: U. You won't get an intro bonus if you've had a personal (not business) Amex in the last two years. If you only travel a few times a year, the American Express® Gold Card could be a better fit. 3X points on airfare booked directly through the airline. Options include: Amazon: 0. , 4 points per $1 at U. *Rewards. 7% APR variable. The BofA PR Elite is a great backup VISA to my AMEX Gold when restaurants don’t accept. No rebate cap. American Express ® Gold Card: Earn 60,000 points when you spend $6,000 on purchases in the first 6 months. supermarkets, U. See rates & fees) offers solid value for most travelers. That could add up to $100 in statement credits. $250: The Platinum Card ® from American Express: Earn 80,000 points after spending $8,000 on purchases in the first 6 months. Interest Rates. APR. S. S. 4% cash-back on dining, including restaurants, cafes, bars, lounges,. 77 within a year—at a 1. I only goes one way. Platinum Cashback Everyday Credit Card. I would get both (I have both in nyc). The Amex. Terms & Conditions Apply. The American Express® Green Card * ’s current welcome bonus is: 40,000 points after spending $3,000 on purchases in the first 6 months. Welcome. Earn 5. Yes, I do exactly this! My setup is is the AMEX Platinum, AMEX Gold, BofA PR Elite, andBofA CCR (5. Earning: Over 3% returns on travel or other common bonus categories. 99% on purchases, 21. While the issuer. Earn 60,000 points when you spend $6,000 on purchases in the first 6 months. 2 cents average point valuation: With the American Express Gold Card, you would earn. legal (external) 12. Most people get the Amex for the bonus offers and then use them for airmiles. So in comparison, the. On an absolute basis, the Amex Gold card boosted its value proposition significantly (offering up to $120 in annual Uber Cash and removing a hard-to-use $100 airline fee credit). Currently, you can earn 80,000 Membership Rewards points after spending $8,000 during your first six months of card membership. The American Express® Gold Card offers a variety of benefits, including dining credits, Membership Rewards points, Uber Cash and preferred access to premium. Credit Cards. AMERICAN EXPRESS. First-year value: $1,262. With The Platinum Card, you get automatic Marriott Bonvoy Gold Elite Status and Hilton Honors Gold Status, premium car rental status for various car rental programs and airport lounge access. Featured Benefits: Enjoy up to 10% cashback* for the first 3 months of Card issuance. Blue Cash Everyday® Card from American Express - best for cash-back beginners. 99 a month. The Amex trifecta is a strategy in which you use a combination of three Amex cards to maximize the amount of American Express Membership Rewards points you earn on your purchases. The Amex Platinum has a much higher annual fee: $695 compared to $250 for the Amex Gold card. 10% cash-back for Uber Eats purchases. My question is really whether the amex gold points or avios points earned are more "valuable" than £50-£100 cashback I'm likely to earn in a 12 month period, say. supermarkets, select streaming services, U. supermarkets (on up to $25,000 in purchases per year) and restaurants – and redeem rewards. Each Cash Back Credit Card offers competitive cash.