If you’re a frequent traveler or spend a lot on dining and groceries, the American Express Gold Card may be a good fit for you. Here are some of the benefits you can expect as a cardholder in Canada:
Welcome Bonus
As a new cardholder, you can earn a welcome bonus of 30,000 Membership Rewards points after spending $1,500 in the first three months of card membership. This bonus is worth $300 when redeemed for travel or other rewards.
Rewards Program
The American Express Gold Card offers a robust rewards program that allows you to earn points on every purchase. You can earn:
- 2 points per dollar spent on eligible travel, including flights, hotels, and car rentals
- 2 points per dollar spent at eligible restaurants, cafes, bars, and food delivery services
- 2 points per dollar spent at eligible grocery stores and food delivery services
- 1 point per dollar spent on all other purchases
Points can be redeemed for a variety of rewards, including travel, merchandise, gift cards, and statement credits.
Travel Benefits
The American Express Gold Card offers several travel benefits, including:
- $100 USD annual travel credit: This credit can be used towards eligible travel purchases, such as flights or hotel stays, booked through American Express Travel.
- Hotel Collection: When you book a stay of at least two consecutive nights at participating hotels through American Express Travel, you can receive a $100 USD hotel credit and a room upgrade, if available.
- Travel insurance: Cardholders are automatically enrolled in travel insurance programs that provide coverage for emergency medical expenses, trip cancellation or interruption, and other travel-related issues.
Shopping Benefits
The American Express Gold Card also offers several shopping benefits, including:
- Purchase protection: Eligible purchases made with the card are protected against accidental damage, loss, or theft for up to 90 days from the date of purchase.
- Extended warranty: Eligible purchases made with the card are eligible for an extended warranty of up to one year beyond the manufacturer’s warranty.
Conclusion
The American Express Gold Card offers a variety of benefits for frequent travelers and those who spend a lot on dining and groceries. With a welcome bonus, robust rewards program, travel benefits, and shopping benefits, this card can be a valuable addition to your wallet. However, it’s important to consider the annual fee of $150 and determine if the benefits outweigh the cost for your specific spending habits and lifestyle.