American Express Gold 35,000 Points + 20% Credit On Restaurant Spend (Max $250)

There is a bigger 60,000 point offer found here.

The Offer

Direct Link to offer

• American Express is offering a sign up bonus on the Gold card as follows:
  • Get 35,000 points signup bonus when spending $4,000 within 3 months.
  • Get 20% back as a statement credit when you make a purchase at restaurants worldwide within the first 12 months of Card Membership, up to $250 back.

This offer is showing on the Resy website (restaurant reservation app), but the 20% credit is showing for any restaurant spend, unrelated to using Resy.

Card Details

• Annual fee of $250 NOT waived first year
• Card will earn at the following rates:
  • 4x points at Restaurants
  • 4x points at U.S. supermarkets (up to $25,000 in spend per calendar year)
  • 3x points for flights booked directly with airlines
  • 1x points on all other purchases
• $120 dining credit. This is a $10 monthly credit that can be used at Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Shake  Shack
• $100 airline fee credit
• No foreign transaction fees
• Full American Express Gold card review can be found here.

Our Verdict

Standard high bonus on this card has been 50,000 points after $4,000 in spend. Essentially, you are giving up 15,000 in points to get the 20% restaurant credit/$250 instead. (We have seen 50,000 + $100 in the past, as well as a targeted 70,000 offer too.)

Some will prefer the regular 50k offer and others will like this 35k+$250 better. Worth noting that the 50,000 offer is available via referral links – if you’re in 2-player mode, you’ll do better with the standard 50k offer + bonus for referrer instead of this offer.

In any case, it’s interesting to see this new 2-prong offer on the Gold. There’s a similar offer on the Platinum card as well. If you’re thinking of applying, make sure you read these things everybody should know about American Express cards first.

Hat tip to aqwertyyii