Earlier today American Express was showing a number of new benefits for the Premier Rewards Gold Card when you were logged in. These benefits are no longer showing, but I suspect this card is being revamped and we will see these benefits formally announced and launched soon. New benefits are as follows:
- $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.
- Card will earn 4x points at U.S. Restaurants
- Card will earn 4x points at U.S. supermarkets, up to $25,000 in spend per calendar year
The card will lose 2x points at U.S. gas stations, but the other benefits will remain the same. This card comes with a $195 annual fee, but it also comes with a $100 airline credit towards incidentals. For a lot of people this card will be worth keeping long term with the new benefits, I suspect it will likely mean some people cancelling their Chase Sapphire Reserve. It’s good to see American Express adding benefits while Chase is busy cutting them.
Hat tip to US Credit Card Guide
