Amex Gold Card In-Depth Review 2021 (Still Worth?) | Summary and Q&A

TL;DR

The American Express Gold Card offers excellent rewards on dining, groceries, and flights, with a generous welcome bonus. It also provides additional perks such as hotel credits and exclusive access to events.

Key Insights

• 😋 The American Express Gold Card offers competitive rewards on dining and groceries, making it a great choice for food enthusiasts.
• 😥 The welcome bonus of 60,000 points is higher than previous offers, providing significant value.
• 🤱 The annual fee of $250 may seem steep, but with the combined value of the welcome bonus, monthly credits, and rewards, it can be easily offset.
• 💳 The card provides additional perks like hotel credits, exclusive event access, no foreign transaction fees, and baggage insurance.
• 👨‍💼 It is important to note that some businesses may not accept American Express, and using the card overseas can have limitations.
• 👻 The card's NPSL (no preset spending limit) feature allows for flexibility in spending, but responsible usage is still advised.
• 🪛 The American Express Gold Card is recommended as a daily driver for those who can maximize its benefits.

Transcript

so if i could only have one card in my wallet that one credit card would hands down without thinking twice be the credit one platinum card [Laughter] that would be really good no i'm totally kidding i would never do that to myself and i would never recommend any of you guys to do that either but if i'm being serious the one card out of all the card... Read More

Questions & Answers

Q: What are the main benefits of the American Express Gold Card?

The card offers high rewards on dining and groceries, a generous welcome bonus, annual credits for Uber and dining, no foreign transaction fees, personalized travel service, and baggage insurance.

Q: What is the value of the welcome bonus?

The current welcome bonus is 60,000 Membership Reward points, which can be worth up to $2,000 when redeemed for travel and even more when used with travel partners.

Q: Does the card have any additional perks?

Yes, the card offers a $100 on-site credit when booking through the hotel collection, exclusive access to ticket pre-sales and events, and discounts through Amex Offers.

Q: What is the recommended credit score for approval?

While the recommended credit score is above 670, it is advised to have a score of at least 700 for a higher chance of automatic approval.

Summary & Key Takeaways

• The American Express Gold Card offers 4x points on dining, 4x points on groceries at U.S supermarkets, 3x points on flights, and 1x points on everything else.

• The card comes with a $250 annual fee, but the value of the welcome bonus, monthly credits, and rewards make up for it.

• Additional benefits include $120 in Uber Cash annually, $120 dining credit, no foreign transaction fees, personalized travel service, and baggage insurance.