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Mr. Loonie

Card comparison

Amex Gold Rewards

Add a card to see which one is worth more to you.

Worked out from each card’s fees, earn rates and welcome offer. How we work it out

Your spending a month
What’s in each?
Light:
Groceries $400, restaurants $100, gas $100, recurring bills $100, everything else (base rate) $250, foreign currency $50
Typical:
Groceries $800, restaurants $250, gas $250, recurring bills $250, travel $150, everything else (base rate) $650, foreign currency $150
Big:
Groceries $1,200, restaurants $500, gas $400, recurring bills $400, travel $500, everything else (base rate) $1,600, foreign currency $400

American Express

American Express® Gold Rewards Card

What it’s worth to you
Better: $1,885
Year one · The full offer.
Better: Every year after $615

Points counted at 1.7 cents each, our value for American Express Membership Rewards. Why we value Amex Gold Rewards this way

Apply now with American Express (opens in a new tab)
We may earn a fee when you apply through these links. It never changes the numbers.

Lower is better here.

Annual fee
$250$0 in year one
Extra card For a partner or family member
$50 a year
Foreign currency fee On purchases in another currency
2.5%
Interest on purchases
21.99%
Interest on cash advances
21.99%
Cash advance fee
$2.75
Late payment fee
$0
Source
americanexpress.comChecked Nov 8, 2026

Typical spending, $2,500 a month. Bigger is better.

Groceries $9,600 a year
Better: $326 2 points per $1
Restaurants $3,000 a year
Better: $51 1 point per $1 (base rate)
Gas $3,000 a year
Better: $102 2 points per $1
Recurring bills $3,000 a year
Better: $51 1 point per $1 (base rate)
Travel $1,800 a year
Better: $61 2 points per $1
Everything else (base rate) $7,800 a year
Better: $133 1 point per $1
Foreign currency $1,800 a year
Better: $31 1 point per $1 (base rate)
Total earned Before fees and the welcome offer
Better: $755
Foreign currency fee On the budget’s foreign spending. * Fee not listed, counted at the usual rate
Better: $45
Perks you’d use Lounge visits and cover, at what they cost on their own
Better: $155
Limits
None listed
Source
americanexpress.comChecked Nov 8, 2026

Counted at your spending, not the advertised maximum.

What you’d get
Better: $1,020The full offer.
Advertised
Up to 60,000 Membership Rewards points.
Source
americanexpress.comChecked Nov 8, 2026

Car rental damage
Included
Extended warranty
Included
Purchase protection
Included
Travel accident
Included
Travel medical
Up to $5,000,000
Trip cancellation
Included
Trip interruption
Included
Flight delay
Included
Baggage delay
Included
Hotel burglary
Included
Lost baggage
Included
Mobile wallets
Apple Pay

Personal income Minimum the bank lists
None listed
Network
American Express
Expert Score From critic reviews, shown, not ranked
Expert Score 7.8 out of 10. Good

More comparisons with these cards

Pairs our editors picked. Numbers are year one at typical spending.

Mr. Loonie’s tip Look at every year after before year one. A big welcome offer pays once; the earn rates pay every month you keep the card.

Questions

How do you work out year one?

We add what each card earns at your spending, plus the part of the welcome offer you’d get, then take off the first year’s annual fee. Every year after leaves out the offer and uses the regular fee.

Can I compare more than two cards?

Yes, up to four. Tap Add a card above the table, or + Compare on any card page.

Do banks pay to appear here?

No. You pick the cards and the math decides the numbers. We may earn a fee when you apply through some links. That never changes a number.

Year one adds what each card earns at the spending you picked, plus the part of the welcome offer that spending reaches, then takes off the first year’s fee. Every year after leaves out the offer and uses the regular fee. Points are counted at the value shown under each card.

Sources, checked by us:

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. Values are estimates for the spending you picked, rounded to the nearest dollar.

Spot something wrong? We’ll check it with the bank. Suggest a correction

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