Best for: Business owners with steady spending who want flexible Amex points and quarterly bonuses
What’s in each?
- Solo:
- Office supplies $100, shipping $50, phone and internet $150, software $150, online ads $200, gas $250, restaurants $200, travel $250, everything else (base rate) $1,050, foreign currency $100
- Small team:
- Office supplies $250, shipping $200, phone and internet $300, software $400, online ads $600, gas $500, restaurants $400, travel $400, everything else (base rate) $2,650, foreign currency $300
- Growing:
- Office supplies $500, shipping $600, phone and internet $600, software $1,000, online ads $2,000, gas $1,000, restaurants $800, travel $1,200, everything else (base rate) $6,300, foreign currency $1,000
Ranked #5 of 27 business cards for year one. See the list
See how we worked it out- Welcome offer you’d get
- $1,190
- The full offer. Up to 70,000 Membership Rewards points.
- Annual fee
- $199 a year
Have this card?
Details from American Express’ site. Banks can update terms at any time, so give them a quick look before you apply. Source
Is it for me?
Do you spend $1,000 or more a month on everything?
Do you pay your card off in full most months?
Answer the 2 questions to see if it fits.
The good and the bad
Stands out
- Good: Welcome offer up to 70,000 Membership Rewards points About $1,190 at our value for these points.
Watch for
- Watch for: $199 a year You need about $1,000 a month on everything to earn it back.
- Watch for: 30% on purchases Higher than most cards. Pay in full each month to avoid it.
- Watch for: 2.5% on foreign purchases Use a no foreign fee card when you travel.
Worked out from the card’s rates and fees.
What you’d earn
With small team spending of $6,000 a month.
Membership Rewards points valued at 1.7¢ each.
Rows are rounded to the dollar. Insurance counts at what the same cover costs on its own, and only pays when you charge the trip, rental or phone to the card.
What counts in each category
- Everything else (base rate)
- 1 point per $1
Earn 10,000 bonus points when you charge $20,000 in net purchases to your Card account each calendar quarter. That’s up to a total of 40,000 points every year
How Membership Rewards points work, and why 1.7¢
We count Membership Rewards points at 1.7¢ each, a typical value when you use them well. Depending on how you use them, they’re usually worth 0.7¢ to 2¢.
We set one value per points program and use it on every card in that program, so you can compare points cards and cash back cards on the same scale.
These are example budgets to compare cards side by side, not averages. Your own spending will give a different number.
Checked on Nov 8, 2026. Source
Can your spending get the full offer?
At $6,000 a month, here’s when you’d reach each step.
-
1
50,000 Membership Rewards points · about $850
Spend $7,500 in your first 3 months.
You’d reach it in month 2.
- On purchases within the first 3 months
- Earn additional 20,000 points after spending $30,000 on your Card in your first year of Cardmembership
-
2
20,000 Membership Rewards points · about $340
Spend $30,000 in your first 12 months.
You’d reach it in month 5.
Offer end date not published.
Offer checked on Nov 8, 2026. Source
Can I get it?
- Age 18 or older 19 or older in BC, NB, NL, NS and the territories
- Where you live Canada
- Credit score No minimum on record Most banks don’t publish one, and we don’t guess.
Mr. Loonie’s tip Each application shows up on your credit file. Leave a few months between card applications.
Other reviewers on this card
-
PointsWise (opens in a new tab) Nov 2024
“The Amex Business Gold Rewards Card offers rewards, flexibility, and insurance geared towards for business owners. Its straightforward earning structure, coupled with comprehensive benefits, makes it a practical choice for those looking to maximize value from their business expenses.”
-
“If you’re looking for a premium business travel rewards card with a high earn rate and flexible spending, this credit card is a top choice. With this card, you have no pre-set spending limit and can get up to 55 interest-free days. It includes a host of business, travel, and purchase coverage at a decent annual fee of only $199. However, you need to ensure that you can pay off your monthly balance, as you will face a high 30% interest rate on all outstanding balances if not.”
-
My Rate Compass (opens in a new tab) Aug 20208.6
“The American Express Business Gold Rewards card is designed for small business owners who have a little extra money in their pocket and are dedicated to credit cards as a main part of day to day spending. The annual fee on this credit card is $199, but you’ll definitely get your money’s worth. To start, you’ll earn 70,000 membership rewards points after you spend $5,000 on eligible purchases within the first three months of membership. That’s a good way to kick start your earnings!”
-
PointsNerd (opens in a new tab) Oct 2017
“The American Express Gold Business card is one of those automatic cards Travel Hackers turn to when they are looking to accumulate points. Since you get a large sign up bonus and the first year is free, there is no reason not to apply for this card.”
-
RewardExpert (opens in a new tab) Jul 20179.5
“The Business Gold Rewards card from American Express is a great charge card for small business owners and independent contractors whose expenses fall into the following categories: air travel, advertising, shipping, gas, and computer hardware, software and services.”
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What comes with it
- Car rental damage Included
- Extended warranty Included
- Purchase protection Included
- Travel accident Included
- Cash Flow Management
- Employee Card Misuse Protection
- Disability Plan for Small Business
- Baggage Delay Insurance
- Flight Delay Insurance
- Lost or Stolen Baggage Insurance
- Hotel/Motel Burglary Insurance
- Travel Emergency Assistance
- Up to a $100 USD hotel credit on qualifying hotel amenities charged to the room, such as dining, spa, golf or other hotel facilities.
- Complimentary room upgrade at check-in, when available.
- Hertz Car Rental Benefit
- American Express Invites including Front Of The Line
- Emergency Card Replacement
- Mobile Device insurance
- Mobile wallets Apple Pay
Coverage limits
We haven’t recorded the coverage limits for this card yet. Read American Express’ insurance certificate before you count on any coverage.
Not included
Not listed for this card: travel medical, trip cancellation, trip interruption, flight delay, lost baggage and mobile device.
What it costs
- Annual fee
- $199 a year
- Purchase interest
- 30%
- Foreign currency fee
- 2.5%
All fees and rates
Fees
- Extra cards
- $50
- Cash advance fee
- 3%, Minimum of $0.75
- Over-limit fee
- None
- Late payment fee
- None
- Source
- Issuer page
Read the card terms and conditions for the full terms.
Checked on Nov 8, 2026. Source
Similar cards for the same spending
With small team spending. This card: $2,335 year one, $1,145 every year after.
-
TD® Aeroplan® Visa Business Card
Year one $3,076Every year after $1,727 -
American Express® Aeroplan® Business Reserve Card
Year one $2,901Every year after $1,601 -
CIBC Aeroplan® Visa Business Plus Card
Year one $2,097Every year after $1,577 -
CIBC Aeroplan® Visa Business Card
Year one $2,216Every year after $1,536
See all cards ranked for your spending
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Questions people ask
What is the annual fee on the American Express® Business Gold Rewards Card?
$199 a year. Each extra card costs $50.
How much is the American Express® Business Gold Rewards Card welcome offer worth?
Up to 70,000 Membership Rewards points, about $1,190. You get it in 2 steps: 50,000 Membership Rewards points after you spend $7,500 in the first 3 months; 20,000 Membership Rewards points after you spend $30,000 in the first 12 months.
Does it charge a foreign transaction fee?
Yes, 2.5% on purchases in other currencies.
What is the interest rate?
30% on purchases.
Does it include insurance?
It lists extended warranty, purchase protection, employee card misuse protection and baggage delay insurance. Read the insurance certificate for the limits.
Rates, fees and offers come from the card issuers and change often. We work to keep this page accurate and current, but it may contain mistakes, so always check the issuer’s terms before you apply. This page is general information and isn’t financial advice.
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Card names, logos and trademarks belong to their owners. No issuer wrote, paid for or approved what we say about this card. Our scores and opinions are our own.
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