While the credit card market continues to change due to new regulations, American Express and its line of charge cards have not. For decades, American Express has offered three different charge cards, each well known because of their color. Whether it’s the Green, Gold or Platinum American Express charge card, consumers continue to charge purchases without a pre-set spending limit while enjoying massive perks in the process. Here’s a review of the American Express® Gold Card, the most popular version of an American Express charge card.
The American Express Gold Card offers some great perks. Other than what we already mentioned above here is what stands out: with your travel rewards you can use Pay with Points to book travel such as flights, cruises, hotels and vacations packages with no seat restrictions or blackout dates using the American Express Travel website. You also have access to exclusive benefits, for example Baggage Insurance Plan* when you travel, Extended Warranty,* and Return Protection (*Underwritten by Amex Assurance Company). When you are ready to redeem your points you can use your points for gift cards for dining, entertainment, and to shop at over 300 brands. Terms and Restrictions Apply.
Since the American Express Gold Card is a charge card, it has no interest rate or introductory purchase APR offer. Unfortunately it does have a hefty $125 annual fee, which is common among all American Express charge cards. However there is an introductory annual fee of $0 for the first year, then the annual fee will be $125. The value of the perks and rewards, if used, can make that fee worthwhile, but that is a decision any potential cardholder must decide for themselves.
Owning a charge card is a great way to keep debt low, because purchases need to be paid off every month to maintain your account. The American Express Gold Card is one of the best all-around charge cards available today and with those great perks, you may want to considering filling out an application. Visit the secure application page for the American Express Gold Card to apply or for more information about the terms & conditions and restrictions that apply.
Disclaimer: This content is not provided or commissioned by American Express. Opinions expressed here are author’s alone, not those of American Express, and have not been reviewed, approved or otherwise endorsed by American Express. This site may be compensated through American Express Affiliate Program.
Important Note! The information in this article is believed to be accurate as of the date it was written. Please keep in mind that offers change frequently. Therefore, we can not guarantee the accuracy of the information in this article. Please verify all terms and conditions of any credit or charge card prior to applying.
Updated May 13, 2013 and originally published May 6, 2011. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.