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While it seems that the more rewards are being offered on a credit card, the more you’ll pay for the annual fee, it isn’t always the case. Many times, the perks will offset the fees. One example is The American Express® Gold Card, one of the best mid-tier travel cards. However, you may be wondering if the American Express Gold Card is worth it, especially given that it has a $250 annual fee (See Rates & Fees)?

If you like to travel (even if you aren’t traveling now) but also want to maximize your stay-at-home purchases, this card may actually be perfect for you. Even better, there are several ways to offset that annual fee.

Learn more: Johnny Jet Recommended Credit Cards

Is the American Express Gold Card worth it? Depending on your lifestyle, the answer is yes. Read on to learn more about this travel-friendly companion. Credit: American Express

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Is the American Express Gold Card Worth It?

The best reason to get any credit card is for its purchase rewards and additional benefits that make sense for your spending and lifestyle. Having a travel card that also earns on everyday spending is ideal if you’re looking to do a bit of both. So, when determining if the American Express Gold Card is worth having, the first thing you’ll want to look at is the card perks and whether you’d use them.

Here are the various card benefits that you get with the Gold Card to help you decide if the card is worth it.

Earn Amex Membership Rewards

You will earn up to 4 Amex Membership Rewards per $1 on purchases:

  • 4x points at U.S. supermarkets (on up to $25,000 per calendar year on purchases, then 1x)
  • 4x points on restaurants, including takeout and delivery
  • 3x points on flights booked directly with airlines or on
  • 1x points on all non-bonus spending
  • Terms apply

Membership Rewards points are most valuable when you redeem them for award flights and gift cards. If you have other American Express credit cards that earn Membership Rewards, you can pool your point balances to redeem pricier redemptions more often.

1:1 Point Transfers

In addition to booking award flights on, you can transfer your points to domestic and international airlines and hotels. Most transfer partners offer a 1:1 transfer ratio and your points can be worth more than 1 cent each if you play your cards right.

Each Membership Reward is only worth up to 1 cent each when redeemed directly through your American Express account. When possible, consider transferring your points as you’re likely to get more value.

Some of the American Express airline transfer partners include:

  • Delta Air Lines
  • Hawaiian Airlines
  • JetBlue
  • Avianca Airlines
  • Singapore Airlines
  • Virgin Atlantic

The hotel transfer partners are Choice Privileges, Hilton Honors, and Marriott Bonvoy.

Point transfers are exciting, but many of us are not traveling as often as usual. Flight and hotel cash prices are cheaper as a result. However, you might transfer points to avoid spending cash and to keep your travel miles from expiring.

$120 Dining Credit

You get an annual $120 dining credit that Amex splits into a $10 monthly statement credit. This credit is redeemable at these merchants:

  • Grubhub
  • Seamless
  • The Cheesecake Factory
  • Ruth’s Chris Steak House
  • Boxed
  • Shake Shack (only at participating locations)

Enrollment is required.

Learn more: Johnny Jet Recommended Credit Cards

Uber Perks

American Express® Gold Card cardholders can also get up to $120 in Uber Cash annually. Plus, you’ll earn 4x Membership Rewards® points for each Uber Eats purchase on your card. To use this perk, simply add your card to your Uber account and you’ll automatically get $10 in Uber Cash each month in your Uber account for U.S. Uber Eats orders or U.S. Uber rides. Any unused Uber Cash expires at the end of each month (it does not roll over to the next month).

Cardholders also get up to 12 complimentary months of Eats Pass when you subscribe with your American Express Gold Card. That’s a value of up to $119 annually (based on the $9.99 monthly price over 12 months). With the Uber Eats Pass, you can get unlimited $0 Delivery Fees and 5% off orders over $15 at eligible restaurants. Note that taxes and service fees may apply and do not count toward the order minimum.

This benefit applies only in the U.S. on U.S. orders at eligible restaurants and on eligible restaurant purchases.

Enrollment is required by 12/31/2021. After that, the Uber Eats Pass will begin auto-billing 12 months after your enrollment in this offer, at the then-current monthly price. Learn more about the Uber Eats partnership for more information.

These perks make this card one of the best for restaurant purchases.

Baggage Insurance

Amex offers complimentary baggage insurance of up to $1,250 for carry-on bags and $500 for checked bags (up to $10,000 aggregate maximum for New York State residents).  This insurance is eligible for common carrier travel such as flights, train, bus, or ship when purchased on an eligible card.

This can be one of the best travel credit cards thanks to this extra insurance.

Secondary Rental Car Loss and Damage Insurance

By declining the rental car agency collision damage waiver and reserving and paying for the entire rental with your eligible card, you get free car rental collision and theft insurance. However, coverage is secondary and does not include liability coverage, meaning you will need to file a claim with your auto insurance provider first. This insurance applies to most car rentals in the US and abroad, though exclusions and restrictions apply.

Amex Offers (Enrollment Required)

An additional way to save money on select local and online purchases is with Amex Offers. These one-time offers let you get a bonus statement credit if you happen to shop at these merchants. To add the offers to your card, simply login into your account or use the American Express app. Then use your American Express Gold Card to pay and enjoy rewards. These will appear directly on your statement.

Learn more: Johnny Jet Recommended Credit Cards

Amex Gold Welcome Bonus

The current welcome bonus for the American Express Gold is 60,000 Membership Rewards worth up to $600 in award travel or gift cards. You earn the bonus by spending $4,000 in the first 6 months. Most cards only give new cardholders 3 months to earn a bonus.

The 60k welcome bonus is one of this card’s highest bonus offers. Timing your application for an outsized bonus can be a smart move.

Also, Rose Gold is back! Cardholders can choose between Gold or Rose Gold. 

Terms apply.

Related: The Best Limited-Time Credit Card Offers

Is the Amex Gold Worth It?

As you shouldn’t judge a book solely by its cover, you shouldn’t choose a card only for its annual fee. The American Express Gold Card has a $250 annual fee (See Rates & Fees). This fee is higher than most credit cards that cap out at $95 but is cheaper than premium credit cards that charge $550 each year.

While you pay a higher fee upfront, the various card benefits can be worth more than $250. If that’s the case, the American Express Gold Card is worth it.

Should You Get the American Express Gold Card?

Is the American Express Gold Card worth it? You should consider getting the American Express Gold for these reasons:

  • Balances travel and dining rewards
  • Earns up to 4x Membership Rewards
  • The annual fee is lower than premium credit cards
  • Has more benefits than most travel credit cards

This mid-tier travel credit card gives you a taste of the premium credit card benefits but with a smaller fee. The purchase rewards make it easy to earn bonus Membership Rewards at home and when you travel.

Learn more: Johnny Jet Recommended Credit Cards

One of the perks of the American Express Gold Card is the dining statement credits. Credit: American Express

Alternatives to the American Express Gold

The Amex Gold can be a good card for travel and dining rewards. However, you may find it difficult to use the card benefits enough to justify the $250 annual fee. The Gold Card is worth it if the benefits are something you’ll use. Otherwise, these cards can provide more value.

Capital One Venture Rewards Credit Card

Simplicity can be a primary goal of your life at the moment. If so, the Capital One Venture Rewards Credit Card is for you. All purchases earn 2x Venture miles per $1 spent and you can redeem them for travel statement credits, future travel, and gift cards. You also get a Global Entry or TSA PreCheck application fee credit, up to $100.

The annual fee is $95.

New Capital One Venture Rewards Credit Card cardholders can earn 60,000 miles after spending $3,000 on purchases in the first 3 months.

Learn more: Travel Rewards Credit Cards

American Express Green Card

The information for the American Express® Green Card has been collected independently by Johnny Jet. The card details on this page have not been reviewed or provided by the card issuer.

The American Express® Green Card is less robust than the Gold Card but offers different perks. You also get a lower annual fee of $150 (See Rates & Fees). Key card perks include:

  • Earn 3x Membership Rewards on dining, transit, and travel
  • $100 CLEAR membership credit (enrollment required)
  • $100 LoungeBuddy credit (enrollment required)
  • Up to $300 in trip delay insurance (on qualifying round-trip purchases; limitations apply)
  • Terms apply

New cardholders can earn 45,000 bonus points after spending $2,000 on purchases in the first 6 months of account opening.

Related: American Express Green Card Review

Chase Sapphire Reserve

The Chase Sapphire Reserve® is a premium card with flexible redemption options. Despite the $550 annual fee, you get these perks:

  • 50% redemption bonus for travel purchases
  • Annual $300 travel credit (Gas station and grocery store purchases also count towards earning the travel credit, through Dec. 31, 2021)
  • Fee credit for Global Entry or TSA PreCheck

Plus, the Sapphire cards have gotten a boost and you can now earn 5x total points on air travel and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases. Airport lounges are also in the works. 

Additionally, cardholders can earn up to $120 in statement credits on Peloton Digital and All-Access Memberships through December 31, 2021. 

This is in addition to the complimentary DashPass subscription from DoorDash that lets cardholders get unlimited deliveries with a $0 delivery fee and reduced service fees. They also earn up to $120 in statement credits on DoorDash purchases ($60 in statement credits through 2020 and another $60 in statement credits through 2021).

Plus, cardholders earn 10x points on Lyft rides, including bikes and scooters. Complimentary Lyft Pink Membership is also available when activated by March 21, 2022.

Points are worth 50% more when redeemed for statement credits against existing purchases in select, rotating categories with the Chase Pay Yourself Back feature

New Chase Sapphire Reserve® cardmembers can earn 50,000 bonus points after spending $4,000 on purchases in the first 3 months from account opening, worth $750 towards travel when redeemed through Chase Ultimate Rewards®. 

Related: Chase Sapphire Reserve Benefits and Perks


Is the American Express Gold Card worth it? The American Express Gold Card makes it easy to earn Membership Rewards when you stay at home or travel. However, its most valuable point redemptions are for award travel. If you don’t travel often and don’t use the annual dining credits, the American Express Gold Card may not be worth it.

Learn more: Johnny Jet Recommended Credit Cards


Is the Amex Gold Card metal or plastic?

The American Express Gold card is metal.

Related: The Best Metal Credit Cards 2020 (Reliable, Durable, Sleek, and Secure)

Does the American Express Gold Card have a credit limit?

No, the American Express Gold Card doesn’t have a preset spending limit.

No Preset Spending Limit means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.

Like The Platinum Card® from American Express, the Gold Card also has the Pay Over Time Limit. Cardholders have the flexibility to carry a balance with interest or can use the Plan It feature to split up large purchases into monthly payments with a fixed fee (terms apply).

Cardholders may be able to keep spending beyond their limit and still earn rewards, so long as they pay for any new purchases in full when the bill is due.

While you can’t spend money indefinitely, you likely won’t reach the upper spending limit if you pay your balance in full monthly.

Is the Amex Platinum better than the Amex Gold?

The Platinum Card® from American Express can be the better card if you’re a frequent flyer and want better travel rewards and fewer dining rewards.

Cardholders can get $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when paying with their Platinum Card®.

Also, get up to $200 in statement credits per calendar year in baggage fees and more at one select qualifying airline.

If you ride Uber or use Uber Eats, this credit will make you happy. Cardholders can enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Members only.

Plus, American Express has expanded The Centurion® Network to include 40+ Centurion Lounge and Studio locations worldwide. Now there are even more places your Platinum Card® can get you complimentary entry and exclusive perks.

Terms apply. Enrollment may be required.

Other Platinum Card from American Express Benefits

There’s also a new digital entertainment credit. Cardholders can get up to $20 in statement credits each month when you pay for eligible purchases with The Platinum Card® from American Express at your choice of one or more of the following providers: Peacock, Audible, SiriusXM, and The New York Times. Enrollment required.

In addition to enjoying TSA PreCheck or Global Entry access, cardholders can also enjoy CLEAR perks. Cardholders can use their Card and get up to $179 back per year on their CLEAR® membership. Terms apply.

Another exciting new benefit is the ability for cardholders to enjoy up to $25 back each month on select Equinox memberships when you pay with your Platinum Card®. This amounts to up to $300 annually. Enrollment required. 

There is also a $155 Walmart+ credit to enjoy. This covers the cost of a $12.95 monthly Walmart+ membership with a statement credit after you pay for Walmart+ each month with your Platinum Card. Cost includes $12.95 plus applicable local sales tax.

Get the full details and learn more in our in-depth The Platinum Card from American Express review.

The annual fee is $695 (See Rates & Fees) but can be offset with the perks, which are valued at over $1,400.

New The Platinum Card® from American Express cardmembers can earn 100,000 Membership Rewards® Points after spending $6,000 on purchases on the Card in the first 6 months of Card Membership. New cardholders also earn 10x points on eligible purchases on the Card at restaurants worldwide and when you Shop Small in the U.S., on up to $25,000 in combined purchases, during your first 6 months of Card Membership. Terms apply. 

The annual fee is $695 (See Rates & Fees) but can be offset with the perks, which are valued at over $1,400. Get the full details and learn more in our in-depth The Platinum Card from American Express review.

The Amex Gold is a better option if you travel less often and want to earn bonus points on more daily purchases.

Learn more: Johnny Jet Recommended Credit Cards

Related Articles:

For rates and fees of The American Express® Gold Card, please click here.

For rates and fees of the American Express® Green Card, please click here.

And for rates and fees of The Platinum Card® from American Express, please click here.


Chase Sapphire Preferred® Card

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Ultimate Rewards®.
  • Enjoy new benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5X points on travel purchased through Chase Ultimate Rewards®, 3X points on dining and 2X points on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.

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Editorial Note: The editorial content on this page is not provided by any bank, credit card issuer, airlines or hotel chain, and has not been reviewed, approved or otherwise endorsed by any of these entities.

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