Amex Gold vs. Amex Enterprise Gold: Which wins the race?

If you’re looking for cards that offer generous points-earning bonuses for a wide range of categories, the Gold lineup within the American Express portfolio is worth a closer look.

Both the personal American Express® Gold Card and the American Express® Business Gold Card straddle the line between mid-tier and ultra-premium cards.

With annual fees of $250 (see rates and fees) and $295 (see rates and fees), respectively, these cards don’t come cheap. But they also don’t venture into the territory of The Platinum Card® from American Express or The Business Platinum Card® from American Express, which both carry an annual fee of $695 (see rates and fees for Platinum and see rates and fees Business Platinum).

Let’s dive in and compare these two Gold cards to see which one may be right for you.

The Amex Gold has a generous welcome offer of 60,000 Membership Rewards points after you spend $4,000 on purchases in the first six months of card opening. Meanwhile, the Amex Business Gold has a higher 70,000 Membership Rewards points offer, but with $10,000 in spending required within the first three months.

You may be able to get an even higher welcome offer for the Amex Gold by using the CardMatch tool (offer subject to change at any time) or by receiving a referral offer from someone that carries either card.

TPG values Membership Rewards points at 2 cents each, making the 60,000-point bonus worth $1,200 and the 70,000-point bonus a respectable $1,400.

Keep in mind that Amex has strict rules when it comes to earning a welcome bonus. Amex limits customers to one bonus per card per lifetime, regardless of how much time has passed since you last applied for that card. So if you’ve held either of these cards in the past, you might be ineligible to earn its welcome offer again.

Winner: Amex Business Gold. 10,000 extra points, but note that you have to spend an additional $6,000.

Both the personal Amex Gold and the Amex Business Gold have several overlapping shopping and travel protections. These are virtually identical across both cards. Enrollment required for select benefits.

Neither card charges a foreign transaction fee (see rates and fees for Amex Gold; see rates and fees for Amex Business Gold), and both cards also offer access to making bookings through Amex’s Hotel Collection, which includes perks such as on-property credits, room upgrades and more.

The personal Amex Gold has some exclusive statement credit benefits to help offset its $250 annual fee:

• Up to $120 annual dining credit: Earn up to $10 in statement credits monthly when you pay with the Amex Gold at participating dining partners, including Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar, and select Shake Shack locations. Enrollment is required. This perk is a monthly statement credit similar to the Uber credit on The Platinum Card® from American Express. You just have to enroll through the Amex website to get this benefit.
• Up to $120 annually in Uber Cash. This can be used on Uber Eats orders or Uber rides in the U.S. Just make sure to enroll your Gold Card with your Uber account first and use it to pay.

Unfortunately, the Amex Business Gold offers no such statement credits but does have a considerable flight redemption bonus (see the table above).

Winner: Amex Gold.

Both the Amex Gold and Amex Business Gold offer up to 4 points per dollar on select categories. That rate equates to an 8% return on spending, based on TPG’s valuation of Membership Rewards points at 2 cents each.

For the personal Amex Gold, you’ll earn points for the following categories:

• 4 points per dollar on dining at restaurants and at U.S. supermarkets (U.S. supermarkets capped at $25,000 per calendar year, then 1 point per dollar)
• 3 points per dollar on flights booked directly from the airline or through amextravel.com
• 1 points per dollar on all other eligible purchases

The 4 points per dollar at restaurants and U.S. supermarkets are particularly strong rates compared to other cards and help the Amex Gold make our list of best cards for groceries and best cards for dining out.

The Amex Business Gold has powerful, business-friendly 4-point-per-dollar bonus categories. What is unique is that you’ll automatically earn 4 points per dollar in your top two spending categories each month, meaning you don’t have to pick a category and commit to it. The eligible categories are:

• Airfare purchased directly from airlines
• U.S. purchases for advertising in select media
• U.S. purchases for shipping
• U.S. purchases at gas stations
• U.S. purchases at restaurants
• U.S. purchases made from select technology providers of computer hardware, software, and cloud solutions

The structure of these categories means this card will likely appeal to someone who wants to rack up travel rewards without putting in too much work. Namely, you’ll automatically earn 4 points per dollar in your top two spending categories from the list of eligible bonus categories on the first $150,000 in combined purchases each calendar year.

This card is meant to be a one-stop shop that you can swipe for everything, giving you more bandwidth to focus on your business.

Winner: Tie, depending on how much you spend in certain categories.

Related: Best business credit cards

Both the Amex Gold and Amex Business Gold earn Membership Rewards points that you can transfer to Amex’s 21 airline and hotel partners. With many options to choose from, you’ll be able to find a transfer partner in any of the three major airline alliances and several non-alliance carriers.

However, what is unique to the Amex Business Gold is a Pay With Points redemption bonus when booking airfare through Amex Travel. You’ll earn a 25% rebate when paying with points through your Business Gold Card (up to 250,000 points back per calendar year) for business- or first-class tickets on any airline, or any fare class on your selected U.S. airline. This is similar to The Business Platinum Card from American Express‘s 35% Pay With Points rebate (up to 1 million points back per calendar year).

By using Pay With Points for flights in conjunction with your Amex Business Gold card, you’ll get a redemption value of 1.33 cents per point on eligible tickets versus just 1 cent per point with the Amex Gold.

Winner: Amex Business Gold.

The personal card is a strong pick for all food and grocery purchases, and its statement credits mostly offset the annual fee. It has a more widespread appeal and is better for cardholders who don’t have major business expenses. The Amex Business Gold is targeted at larger, more established businesses with high operating costs. There are no statement credits to offset the annual fee, so you’ll have to spend a lot to earn enough points to make the annual fee worth it.

The Amex Gold will be the right choice for most consumers who spend a lot on eating out and groceries. Conversely, the Business Gold really only makes sense if your business spends a high amount in certain categories like advertising, shipping and technology. If you already have the Amex Gold and want a business card to complement it, then the Business Platinum may be the better choice.

Learn more in our full reviews of the Amex Gold and Business Gold.

Official application link: Amex Gold card

Official application link: Amex Business Gold card

For rates and fees of the Amex Gold Card, please click here.

For rates and fees of the Amex Business Gold Card, please click here.
For rates and fees of the Amex Platinum card, click here.
For rates and fees of the Amex Business Platinum card, click here.

Additional reporting by Ryan Wilcox.