Posted by William Charles on November 8, 2018
Credit Cards

Published on November 8th, 2018 | by William Charles

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F.A.Q’s About New American Express Business Gold Card

American Express just launched a revamp version of the Business Gold Rewards card, the new card is simply called ‘Business Gold Card’. Some readers have some questions about this new card, so I thought I’d try to answer some to the best of my knowledge.

I’m An Existing Cardholder, Do I Get Access To The 4x Categories?

American Express is not automatically ‘upgrading’ current cardholders to this new card with the 4x categories. Existing cardholders can call in and request an upgrade to the new card with the 4x, American Express will prorate the annual fee (e.g the difference of $120 or $10 per month).

Does This Mean I Can Get Another Sign Up Bonus?

I think for sign up bonus purposes this will be considered the same as the old card, meaning you won’t be eligible for the sign up bonus if you’ve had the card before. Currently this card is offering a sign up bonus of 1 year free of G Suite basic for 3 users and up to 1 year of ZipRecruiter Standard so it’s not exactly exciting.

That being said when American Express revamped the Premier Rewards Gold card existing customers were automatically upgraded to the new card, this also happened with the Hilton Ascend. In this case cardholders aren’t being automatically upgraded, so there is a slight chance it might be considered a different product.

I Can No Longer Refer People From My Business Gold Card, How Do I Fix This?

You can’t. Links generated from the business gold rewards card are no longer working and there isn’t anything you can do at this stage.



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Dylan
Dylan

Will those of us that signed up yesterday still have the AF waived the first year?

Wade
Wade

Signed up yesterday, approved today. CSR confirmed I still have AF waived.

WR
WR

Q: How hard does this card suck?
A: Really, really hard

Lrdx
Lrdx

It still gets you 1.333 cents / MR, so not exactly.

Josh
Josh

I use the card to max out the $100k/yr limit on a single category, but spend more than that on the category already (but spend in other categories on the bonuses currently is negligble, so let’s call it only a few thousand a year at 2x pts) . By product changing, it’ll cost me $120/yr more, but net an additional 300k points (the extra $50k was on a blue business plus, so really frees up additional spend to go there). This isn’t a card for churners/MSing in my opinion, but if you have a real business that spends big in these categories, it’s an easy keeper. If I didn’t have it already, the intro bonus wouldn’t even be needed if it gets me an 300k points/yr. Trade-off on first year with the old card would be +$295 on first year fees, but end up with 600k points year 1 instead of no annual fee but 375k points. All depends on the business’s situation.

Sarah
Sarah

My brother tried calling in for the old business card today. He was offered the new Business Gold card at 50k on $10k spending in the first 4 months. Then an additional 25k on additional $10k spending. Similar to the public Business Platinum offer.

The same rep gave him the Business Plat offer at 100k for 10k spending so he took that

Parts Unknown
Parts Unknown

I wouldve taken that gold offer, that might not come back around for awhile. 100k plats are fairly common

artgriego
artgriego

75k MR for $20k sucks. The best BGR was 75k MR for $5k. I would have taken the 100k/$10k too.

JT
JT

In January I will charged the AF on my BGR. Will it be $195 or $295?

I am hoping to milk Amex for a nice retention offer and get another year of 4x.

Joe
Joe

Metal card?

Niraj
Niraj

Which number to call to request this change (OLD to NEW)?

Joe
Joe
Matt P
Matt P

People knocking this card need to realize that it’s a business card designed for businesses with real business spend, not churners and MSers.

Jason
Jason

I got the BGR in August with a waived AF. If I PC to the new Gold Card I still won’t be charged an AF until next August?

Wade
Wade

i am wondering the same. Any DP?

Jack
Jack

William Charles I got a letter from amex citing different info. Here is the info, and you can reach out to me via email if you’d like a picture of the letter:

– effective immediately, the terms and conditions will now read (without the legal wording) 4x at restaurants and supermarkets. 3x at on flights.

Other changes as well, but this is the main interest of your readers.

David
David

Sounds like the Amex Gold Personal card — not the Business card this article is about.

Jack
Jack

I don’t have the personal card though, only the business.

Alexander
Alexander

@Jack, can you also email me gzone3Lement@gmail.com? I would like to know too.

Romeo
Romeo

I am currently on the phone with Amex rep and he just stated that it is considered as new product.
He offered me and upgrade with prorated annual fee, but no bonus points for it.

I guess I am just going to apply for it seperatly in the next few week.

He also wasn’t sure if it’s a credit card or a charge card, he said it is something in between 😀

Hope it helps.

Yoni
Yoni

William Charles

Did they convert this card to a credit card from a charge card? It’s showing APR%

Need a DP from someone with a New Biz Gold card/

perhaps this is limiting cards held and approved by making it a credit card instead of a charge card

“$295 Annual Fee¤

APR on purchases will be a variable rate, currently 16.24%, 20.24% or 24.24%, based on your creditworthiness and other factors as determined at the time of account opening.¤

Yoni
Yoni

Chuck it Looks like only the Biz Green and Plat are the only Business Charge cards left now, everything else has APR% as Credit cards, so this impacts Amex Credit cards held limits as well as applied for within Amex time limits on the business side. Tightening up of apps?

Chuck

Hmm, interesting, not sure.

Treesha
Treesha

Any further dp on whether or not this is a new product from the BGR? I canceled spouse’s BGR this month, but can refer him from my new Biz Gold. So I can get referral, but will he get the signup bonus from the referral?

BL
BL

Did you ever find this out? I am supposing that is not a new product.

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